Tigo Energy, Inc. (TYGO)
NASDAQ: TYGO · IEX Real-Time Price · USD
1.560
+0.030 (1.96%)
At close: Jul 2, 2024, 4:00 PM
1.570
+0.010 (0.64%)
After-hours: Jul 2, 2024, 5:17 PM EDT
Tigo Energy Stock Forecast
TYGO's stock price has decreased by -92.05% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Tigo Energy stock have an average target of 9.17, with a low estimate of 1.50 and a high estimate of 21. The average target predicts an increase of 487.82% from the current stock price of 1.56.
Analyst Consensus: Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for Tigo Energy stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Hold Maintains $1.4 → $1.5 | Hold | Maintains | $1.4 → $1.5 | -3.85% | May 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +220.51% | May 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +220.51% | Feb 27, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $2.5 → $2.2 | Hold | Maintains | $2.5 → $2.2 | +41.03% | Nov 30, 2023 |
| Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $11 → $2.5 | Strong Buy → Hold | Downgrades | $11 → $2.5 | +60.26% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
78.74M
from 145.23M
Decreased by -45.78%
Revenue Next Year
122.29M
from 78.74M
Increased by 55.31%
EPS This Year
-0.57
from -0.14
EPS Next Year
-0.41
from -0.57
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 104.2M | 138.3M | 175.6M | 221.5M | 272.7M |
| Avg | 78.7M | 122.3M | 170.6M | 215.2M | 264.9M |
| Low | 65.7M | 92.1M | 163.9M | 206.7M | 254.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -28.3% | 75.6% | 43.6% | 29.8% | 26.7% |
| Avg | -45.8% | 55.3% | 39.5% | 26.1% | 23.1% |
| Low | -54.8% | 17.0% | 34.1% | 21.2% | 18.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.50 | -0.34 | -0.09 |
| Avg | -0.57 | -0.41 | -0.09 |
| Low | -0.65 | -0.54 | -0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.