Tigo Energy Q3 EPS Estimate Cut by Northland Securities

Key Points

• Northland Securities cut Tigo Energy’s Q3 2026 EPS estimate to $0.00 from $0.04 and forecast $0.04 for full-year 2026, signaling weaker expected profitability into 2027.
• Tigo reported quarterly EPS of $0.05, beating the $0.04 consensus, but revenue of $25.41 million fell well short of the $30.82 million estimate. Management’s 2026 revenue outlook of $100 million-$110 million is also below analyst expectations.
• Analyst sentiment remains moderately bullish, with a consensus “Moderate Buy” rating and $5.63 price target, although HC Wainwright recently lowered its target to $3.50 and the stock opened at just $1.29.

Tigo Energy, Inc. (NASDAQ:TYGO - Free Report) - Investment analysts at Northland Securities decreased their Q3 2026 earnings estimates for shares of Tigo Energy in a research note issued to investors on Wednesday, August 5th. Northland Securities analyst G. Richard now anticipates that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for Tigo Energy's current full-year earnings is $0.04 per share. Northland Securities also issued estimates for Tigo Energy's Q4 2026 earnings at $0.01 EPS, FY2026 earnings at $0.04 EPS, Q1 2027 earnings at ($0.01) EPS, Q2 2027 earnings at $0.00 EPS, Q3 2027 earnings at $0.02 EPS and Q4 2027 earnings at $0.03 EPS.

Tigo Energy (NASDAQ:TYGO - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. The business had revenue of $25.41 million for the quarter, compared to the consensus estimate of $30.82 million. Tigo Energy had a negative return on equity of 2.02% and a net margin of 8.97%.

Several other equities analysts have also issued reports on TYGO. Weiss Ratings upgraded Tigo Energy from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, July 20th. Wall Street Zen downgraded shares of Tigo Energy from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. HC Wainwright cut their price target on shares of Tigo Energy from $6.00 to $3.50 and set a "buy" rating on the stock in a research note on Wednesday. Finally, Roth Capital reiterated a "buy" rating and issued a $7.00 price target on shares of Tigo Energy in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Tigo Energy currently has an average rating of "Moderate Buy" and a consensus target price of $5.63.

Tigo Energy Price Performance

Shares of Tigo Energy stock opened at $1.29 on Thursday. The company has a market capitalization of $97.92 million, a P/E ratio of 9.21 and a beta of 1.32. The business has a 50-day moving average of $2.39 and a two-hundred day moving average of $3.34. Tigo Energy has a 1 year low of $0.93 and a 1 year high of $5.33.

Insider Transactions at Tigo Energy

In related news, Director Tomer Babai sold 63,452 shares of Tigo Energy stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $4.15, for a total value of $263,325.80. Following the sale, the director owned 214,450 shares of the company's stock, valued at approximately $889,967.50. This trade represents a 22.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Sagit Manor sold 63,500 shares of the business's stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $2.85, for a total value of $180,975.00. Following the completion of the sale, the director owned 323,098 shares in the company, valued at $920,829.30. The trade was a 16.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 463,444 shares of company stock valued at $1,631,333 over the last three months. 26.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Tigo Energy

Hedge funds and other institutional investors have recently made changes to their positions in the business. AIGH Capital Management LLC acquired a new position in Tigo Energy during the first quarter worth $27,374,000. Renaissance Technologies LLC increased its stake in Tigo Energy by 46.0% in the 4th quarter. Renaissance Technologies LLC now owns 1,425,040 shares of the company's stock valued at $1,967,000 after buying an additional 449,140 shares during the last quarter. Vanguard Group Inc. increased its stake in Tigo Energy by 182.4% in the 3rd quarter. Vanguard Group Inc. now owns 922,226 shares of the company's stock valued at $2,306,000 after buying an additional 595,702 shares during the last quarter. Walleye Capital LLC lifted its position in Tigo Energy by 25.2% during the 1st quarter. Walleye Capital LLC now owns 651,158 shares of the company's stock worth $2,448,000 after buying an additional 131,259 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Tigo Energy by 24.4% during the 1st quarter. Bank of America Corp DE now owns 471,036 shares of the company's stock worth $1,771,000 after buying an additional 92,412 shares in the last quarter. 15.72% of the stock is currently owned by institutional investors and hedge funds.

Key Tigo Energy News

Here are the key news stories impacting Tigo Energy this week:

• Positive Sentiment: HC Wainwright maintained a “buy” rating and reduced its price target to $3.50 from $6.00. The revised target still implies substantial potential upside from recent trading levels, suggesting the analyst believes Tigo’s long-term opportunity remains intact. HC Wainwright price target report
• Positive Sentiment: Tigo reported second-quarter 2026 EPS of approximately $0.05, above the $0.04 consensus estimate. Gross profit reached about $10 million and the operating loss narrowed to $1.7 million, indicating some improvement in cost control. Tigo Energy second-quarter financial results
• Neutral Sentiment: Management projects 2026 revenue of $100 million to $110 million and third-quarter revenue of $24 million to $26 million. The company said the EG4 customer ramp is shifting toward the fourth quarter, which could defer near-term growth but potentially support later-year results. Tigo Energy 2026 revenue outlook
• Negative Sentiment: Revenue of $25.4 million increased 5.6% year over year but missed estimates near $31 million. Management’s full-year outlook is also well below the roughly $132 million analyst consensus, while third-quarter guidance is below consensus near $38 million. The shortfall raises concerns about demand, customer timing and the pace of the EG4 ramp.
• Negative Sentiment: Northland Securities reduced its EPS forecasts across late 2026 and 2027. Its FY2026 estimate fell to $0.04 from $0.10, Q3 2026 to $0.00 from $0.04, and Q4 2026 to $0.01 from $0.06. Estimates for Q1 and Q2 2027 were also lowered, with Q1 now expected to show a $0.01 loss. These cuts signal weaker anticipated profitability.
• Negative Sentiment: Cash flow from operations was negative at approximately $1 million, and reported data indicates insiders made eight sales and no purchases during the past six months. With TYGO trading well below its 50-day and 200-day moving averages, these factors may reinforce investor caution.

About Tigo Energy

Tigo Energy, Inc NASDAQ: TYGO is a U.S.-based provider of module-level power electronics (MLPE) solutions designed to optimize the performance and safety of solar photovoltaic systems. Founded in 2007 and headquartered in Campbell, California, Tigo Energy develops hardware and software tools that enhance energy yield, improve system reliability, and streamline compliance with electrical codes. The company's technology platform is used by solar installers, project developers, and module manufacturers to deliver higher returns on investment and bolster the safety profile of PV arrays.

At the core of Tigo's offerings is its TS4 platform, a modular MLPE solution that enables real-time monitoring, rapid shutdown functionality, and maximum power point tracking at the panel level.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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