Tigo Energy Q3 EPS Forecast Reduced by Northland Securities

Key Points

• Northland Securities lowered its Q3 2026 EPS estimate for Tigo Energy to $0.04 from $0.05, signaling slightly weaker near-term profit expectations.
• The broader analyst outlook on TYGO remains cautious, with the stock carrying an average “Hold” rating and a consensus target price of $6.47.
• Tigo Energy’s latest quarter met EPS expectations at ($0.02) per share, but revenue of $25.20 million came in below estimates, while management guided Q2 2026 revenue to $30 million to $32 million.

Tigo Energy, Inc. (NASDAQ:TYGO - Free Report) - Research analysts at Northland Securities cut their Q3 2026 earnings per share estimates for Tigo Energy in a research note issued on Thursday, May 7th. Northland Securities analyst G. Richard now anticipates that the company will earn $0.04 per share for the quarter, down from their prior estimate of $0.05. 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 FY2026 earnings at $0.10 EPS.

A number of other equities research analysts have also recently commented on TYGO. Roth Mkm reissued a "buy" rating and issued a $7.00 target price on shares of Tigo Energy in a research note on Wednesday. Wall Street Zen cut Tigo Energy from a "buy" rating to a "hold" rating in a research report on Saturday. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $6.47.

Tigo Energy Stock Performance

NASDAQ TYGO opened at $4.27 on Monday. Tigo Energy has a 12 month low of $0.82 and a 12 month high of $5.33. The stock has a market cap of $324.14 million, a P/E ratio of 106.78 and a beta of 1.32. The stock's fifty day moving average price is $4.05 and its 200-day moving average price is $2.92.

Tigo Energy (NASDAQ:TYGO - Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported ($0.02) EPS for the quarter, hitting analysts' consensus estimates of ($0.02). Tigo Energy had a negative return on equity of 41.48% and a net margin of 3.07%.The firm had revenue of $25.20 million for the quarter, compared to analysts' expectations of $25.76 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TYGO. JPMorgan Chase & Co. purchased a new position in Tigo Energy in the third quarter worth about $31,000. Scientech Research LLC purchased a new position in Tigo Energy in the third quarter worth about $33,000. Virtu Financial LLC purchased a new position in Tigo Energy in the third quarter worth about $34,000. Potomac Capital Management Inc. purchased a new position in Tigo Energy in the fourth quarter worth about $38,000. Finally, Centiva Capital LP purchased a new position in Tigo Energy in the third quarter worth about $59,000. 15.72% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Tigo Energy

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

• Positive Sentiment: Zacks upgraded Tigo Energy to Buy (Zacks Rank #2), signaling improving earnings optimism and helping support the stock. Article Title
• Positive Sentiment: HC Wainwright raised several longer-term EPS estimates for Tigo Energy, including FY2027, FY2028, FY2029 and FY2030, which suggests confidence in the company’s future profitability. Article Title
• Positive Sentiment: Management’s outlook for Q2 2026 revenue of $30 million to $32 million and comments about utility-scale growth in 2026 appear to have reinforced bullish sentiment after earnings. Article Title
• Neutral Sentiment: HC Wainwright and Northland Securities made mixed near-term EPS revisions, with some 2026/2027 estimates trimmed while others were lifted, leaving the short-term outlook somewhat uneven.
• Neutral Sentiment: Market reaction also reflects the recent Q1 2026 earnings report and call, where results were broadly in line but not a major upside surprise. Article Title
• Negative Sentiment: Northland Securities cut Q3 2027 and Q4 2027 EPS estimates, and also trimmed FY2027 earnings expectations, which could temper enthusiasm about the pace of profit growth. Article Title

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.