Tigo Energy, Inc. (TYGO)
NASDAQ: TYGO · Real-Time Price · USD
1.110
-0.060 (-5.13%)
Nov 4, 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 170.27% from the current stock price of 1.11.

Analyst Consensus: Buy
Target Low Average Median High
Price $1.50 $3.00 $3.00 $4.50
Change +35.14% +170.27% +170.27% +305.41%
* 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 222111
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 444333

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 +305.41% Aug 7, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$5$3
Strong Buy Maintains $5$3 +170.27% Aug 7, 2024
Roth MKM
Roth MKM
Hold
Maintains
$1.4$1.5
Hold Maintains $1.4$1.5 +35.14% May 16, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$5
Strong Buy Reiterates $5 +350.45% May 15, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Initiates
$5
Strong Buy Initiates $5 +350.45% Feb 27, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
57.70M
from 145.23M
Decreased by -60.27%
Revenue Next Year
106.60M
from 57.70M
Increased by 84.74%
EPS This Year
-0.72
from -0.14
EPS Next Year
-0.53
from -0.72
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
33.29M43.64M81.32M145.23M57.70M106.60M168.35M215.18M
Revenue Growth
-31.10%86.34%78.59%-60.27%84.74%57.93%27.82%
EPS
-0.28-0.38-2.71-0.14-0.72-0.53-0.18-
EPS Growth
--------
Forward PE
--------
No. Analysts ----6643
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 65.1M 121.3M 176.7M
Avg 57.7M 106.6M 168.4M
Low 52.1M 86.2M 158.6M

Revenue Growth

Revenue Growth 20242025202620272028
High
-55.2%
110.2%
65.8%
Avg
-60.3%
84.7%
57.9%
Low
-64.1%
49.5%
48.7%

EPS Forecast

EPS 202420252026
High -0.64 -0.39 -0.16
Avg -0.72 -0.53 -0.18
Low -0.74 -0.67 -0.21

EPS Growth

EPS Growth 202420252026
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.