Tigo Energy, Inc. (TYGO)
NASDAQ: TYGO · Real-Time Price · USD
0.939
+0.037 (4.06%)
Dec 20, 2024, 4:00 PM EST - Market closed
Tigo Energy Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Tigo Energy stock have an average target of 3.00, with a low estimate of 1.50 and a high estimate of 4.50. The average target predicts an increase of 219.66% from the current stock price of 0.94.
Analyst Consensus: Buy
* Price targets were last updated on Aug 7, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 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 | 4 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $4.8 → $4.5 | Buy | Maintains | $4.8 → $4.5 | +379.49% | Aug 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +219.66% | Aug 7, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $1.4 → $1.5 | Hold | Maintains | $1.4 → $1.5 | +59.83% | May 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +432.77% | May 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +432.77% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
52.98M
from 145.23M
Decreased by -63.52%
Revenue Next Year
83.30M
from 52.98M
Increased by 57.24%
EPS This Year
-0.69
from -0.14
EPS Next Year
-0.53
from -0.69
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 55.3M | 94.0M | 152.1M | |||
| Avg | 53.0M | 83.3M | 128.7M | |||
| Low | 50.0M | 71.1M | 105.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -61.9% | 77.4% | 82.6% | |||
| Avg | -63.5% | 57.2% | 54.5% | |||
| Low | -65.6% | 34.1% | 26.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.49 | -0.38 | -0.25 | |||
| Avg | -0.69 | -0.53 | -0.36 | |||
| Low | -0.78 | -0.64 | -0.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.