HC Wainwright Cuts Tigo Energy (NASDAQ:TYGO) Price Target to $3.50

Tigo Energy (NASDAQ:TYGO) had its price target decreased by HC Wainwright from $6.00 to $3.50 in a research report released on Wednesday, MarketBeat Ratings reports. HC Wainwright currently has a buy rating on the stock. HC Wainwright also issued estimates for Tigo Energy’s Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at ($0.02) EPS, FY2026 earnings at ($0.06) EPS, FY2027 earnings at ($0.14) EPS, FY2028 earnings at $0.02 EPS, FY2029 earnings at $0.17 EPS and FY2030 earnings at $0.30 EPS.

TYGO has been the topic of a number of other research reports. Wall Street Zen downgraded Tigo Energy from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Northland Securities set a $6.40 target price on Tigo Energy in a research report on Thursday, May 7th. Weiss Ratings upgraded Tigo Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 20th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $7.00 price target on shares of Tigo Energy in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Tigo Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.63.

Tigo Energy Stock Performance

Tigo Energy stock opened at $1.22 on Wednesday. The firm’s 50 day simple moving average is $2.28 and its 200 day simple moving average is $3.31. The company has a current ratio of 3.04, a quick ratio of 1.35 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $92.61 million, a PE ratio of 8.71 and a beta of 1.32. Tigo Energy has a 1-year low of $0.93 and a 1-year high of $5.33.

Tigo Energy (NASDAQ:TYGO) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. Tigo Energy had a net margin of 8.97% and a negative return on equity of 1.74%. The firm had revenue of $25.41 million during the quarter, compared to the consensus estimate of $30.82 million. As a group, analysts expect that Tigo Energy will post 0.01 earnings per share for the current fiscal year.

Insider Activity at Tigo Energy

In related news, Director Tomer Babai sold 63,452 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $4.15, for a total value of $263,325.80. Following the completion of the transaction, the director directly owned 214,450 shares in the company, valued at approximately $889,967.50. The trade was a 22.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Zvi Alon sold 72,057 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $3.42, for a total transaction of $246,434.94. Following the completion of the transaction, the chief executive officer owned 1,239,316 shares of the company’s stock, valued at $4,238,460.72. This trade represents a 5.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 463,444 shares of company stock worth $1,631,333. Corporate insiders own 26.60% of the company’s stock.

Hedge Funds Weigh In On Tigo Energy

A number of hedge funds and other institutional investors have recently modified their holdings of TYGO. AIGH Capital Management LLC purchased a new position in shares of Tigo Energy during the 1st quarter valued at about $27,374,000. BlackRock Inc. purchased a new stake in Tigo Energy in the second quarter worth approximately $5,044,000. Renaissance Technologies LLC boosted its stake in Tigo Energy by 46.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,425,040 shares of the company’s stock worth $1,967,000 after buying an additional 449,140 shares in the last quarter. Vanguard Group Inc. grew its position in Tigo Energy by 182.4% during the third quarter. Vanguard Group Inc. now owns 922,226 shares of the company’s stock valued at $2,306,000 after acquiring an additional 595,702 shares during the last quarter. Finally, Walleye Capital LLC grew its position in Tigo Energy by 25.2% during the first quarter. Walleye Capital LLC now owns 651,158 shares of the company’s stock valued at $2,448,000 after acquiring an additional 131,259 shares during the last quarter. 15.72% of the stock is currently owned by hedge funds and other institutional investors.

More Tigo Energy News

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

• Positive Sentiment: HC Wainwright retained its Buy rating and $3.50 price target, implying substantial upside from recent trading levels if Tigo Energy achieves the firm’s long-term outlook. HC Wainwright Issues Pessimistic Forecast for Tigo Energy
• Neutral Sentiment: Analyst views remain mixed: Northland Securities projects positive FY2026 earnings of $0.04 per share, while HC Wainwright forecasts a $0.06 loss. This divergence increases uncertainty around Tigo Energy’s earnings trajectory.
• Negative Sentiment: HC Wainwright cut its Q3 2026 EPS forecast to a $0.03 loss from a $0.02 profit and its Q4 forecast to a $0.02 loss from $0.01 profit. It also lowered FY2026 EPS to a $0.06 loss from a $0.01 loss and FY2027 EPS to a $0.14 loss from $0.14 profit.
• Negative Sentiment: HC Wainwright reduced its longer-term EPS estimates sharply, cutting FY2028 to $0.02 from $0.29, FY2029 to $0.17 from $0.43, and FY2030 to $0.30 from $0.56. These revisions indicate lower expectations for the pace of future earnings growth.
• Negative Sentiment: Northland Securities also lowered its estimates, reducing FY2026 EPS to $0.04 from $0.10 and cutting quarterly 2026–2027 forecasts. Its Q3 2026 estimate fell to breakeven from $0.04, while Q4 2026 declined to $0.01 from $0.06.

Tigo Energy Company Profile

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.