Tigo Energy, Inc. (TYGO)
NASDAQ: TYGO · IEX Real-Time Price · USD
1.070
+0.120 (12.63%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Tigo Energy Stock Forecast
TYGO's stock price has decreased by -89.63% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Tigo Energy stock have an average target of 14.05, with a low estimate of 2.20 and a high estimate of 28. The average target predicts an increase of 1,213.08% from the current stock price of 1.07.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 27, 2024.
Analyst Ratings
The average analyst rating for Tigo Energy stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| 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 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +367.29% | Feb 27, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $2.5 → $2.2 | Hold | Maintains | $2.5 → $2.2 | +105.61% | Nov 30, 2023 |
| Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $11 → $2.5 | Strong Buy → Hold | Downgrades | $11 → $2.5 | +133.64% | Nov 9, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $21 → $11 | Strong Buy | Maintains | $21 → $11 | +928.04% | Oct 10, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $25 → $21 | Buy | Maintains | $25 → $21 | +1,862.62% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
87.57M
from 145.23M
Decreased by -39.70%
Revenue Next Year
120.08M
from 87.57M
Increased by 37.12%
EPS This Year
-0.63
from -0.14
EPS Next Year
-0.52
from -0.63
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 109.9M | 138.3M | 175.6M |
| Avg | 87.6M | 120.1M | 170.6M |
| Low | 69.3M | 92.1M | 163.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -24.3% | 57.9% | 46.3% |
| Avg | -39.7% | 37.1% | 42.1% |
| Low | -52.3% | 5.2% | 36.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.49 | -0.38 | -0.08 |
| Avg | -0.63 | -0.52 | -0.08 |
| Low | -0.73 | -0.64 | -0.08 |
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.