Tigo Energy (NASDAQ:TYGO) Receives Sell (E+) Rating from Weiss Ratings

Key Points

• Tigo Energy has received a "sell (E+)" rating from Weiss Ratings, although other analysts have issued varying ratings, indicating a mix of sentiment regarding the stock.
• The company's stock price recently increased by 2.2%, reaching $2.74, with a market cap of approximately $180.13 million.
• Tigo Energy reported better-than-expected quarterly earnings with a revenue of $24.06 million and an EPS of ($0.07), surpassing the consensus estimates.

Tigo Energy (NASDAQ:TYGO - Get Free Report)'s stock had its "sell (e+)" rating reiterated by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Other equities research analysts have also recently issued research reports about the stock. HC Wainwright upped their price target on shares of Tigo Energy from $3.00 to $6.00 and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Roth Capital raised shares of Tigo Energy from a "neutral" rating to a "buy" rating and set a $3.00 price target on the stock in a research note on Thursday, July 31st. Finally, Wall Street Zen raised shares of Tigo Energy to a "hold" rating in a research note on Saturday, September 13th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $4.50.

Tigo Energy Stock Up 2.2%

Tigo Energy stock traded up $0.06 during trading on Wednesday, hitting $2.74. The stock had a trading volume of 422,373 shares, compared to its average volume of 706,039. The stock has a market cap of $180.13 million, a price-to-earnings ratio of -3.26 and a beta of 1.18. Tigo Energy has a 1 year low of $0.58 and a 1 year high of $2.84. The stock's 50 day moving average is $1.70 and its two-hundred day moving average is $1.27.

Tigo Energy (NASDAQ:TYGO - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.02. The business had revenue of $24.06 million during the quarter, compared to analyst estimates of $21.48 million. Tigo Energy had a negative net margin of 69.01% and a negative return on equity of 434.06%. Tigo Energy has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Tigo Energy will post -0.43 EPS for the current fiscal year.

About Tigo Energy

Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.

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