Tigo Energy, Inc. (TYGO)
NASDAQ: TYGO · Real-Time Price · USD
0.960
-0.060 (-5.88%)
Nov 21, 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 212.50% from the current stock price of 0.96.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 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 | 4 | 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 | +368.75% | Aug 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 → $3 | Strong Buy | Maintains | $5 → $3 | +212.50% | Aug 7, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $1.4 → $1.5 | Hold | Maintains | $1.4 → $1.5 | +56.25% | May 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +420.83% | May 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +420.83% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
56.56M
from 145.23M
Decreased by -61.05%
Revenue Next Year
99.96M
from 56.56M
Increased by 76.73%
EPS This Year
-0.74
from -0.14
EPS Next Year
-0.56
from -0.74
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 65.1M | 120.5M | 169.9M | ||
| Avg | 56.6M | 100.0M | 156.4M | ||
| Low | 51.1M | 86.2M | 142.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -55.2% | 113.1% | 70.0% | ||
| Avg | -61.1% | 76.7% | 56.5% | ||
| Low | -64.8% | 52.5% | 42.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.64 | -0.39 | -0.22 |
| Avg | -0.74 | -0.56 | -0.23 |
| Low | -0.78 | -0.67 | -0.24 |
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.