Weiss Ratings reaffirmed their sell (e+) rating on shares of Tigo Energy (NASDAQ:TYGO – Free Report) in a research note released on Wednesday morning,Weiss Ratings reports.
Other research analysts also recently issued reports about the company. HC Wainwright upped their price objective on Tigo Energy from $3.00 to $6.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Wall Street Zen upgraded Tigo Energy to a “hold” rating in a report on Saturday, September 13th. Finally, Roth Capital upgraded Tigo Energy from a “neutral” rating to a “buy” rating and set a $3.00 price objective for the company in a report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $4.50.
Check Out Our Latest Report on Tigo Energy
Tigo Energy Stock Performance
Tigo Energy (NASDAQ:TYGO – Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.02. The company had revenue of $24.06 million during the quarter, compared to the consensus estimate of $21.48 million. Tigo Energy had a negative return on equity of 434.06% and a negative net margin of 69.01%. Tigo Energy has set its Q3 2025 guidance at EPS. On average, research analysts predict that Tigo Energy will post -0.43 earnings per share for the current 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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