Tigo Energy, Inc. (TYGO) AI Stock Analysis
TYGO AI stock analysis summary
AI ResearchTigo Energy, Inc. (TYGO) develops solar and energy storage solutions, including Module Level Power Electronics and cloud monitoring software. In FY2025, revenue recovered 91.7% to $103.5M after dropping 62.8% in FY2024, while free cash flow turned positive at $9.7M. However, its stock fell 65.6% over the past year to close at $0.82 on October 16, 2026.
- Market cap
- $63.3M
- Revenue (TTM)
- $111.2M
- P/E
- 4.9x fwd 85.5x
- 1Y return
- -65.6% S&P 500 16.8%
- Avg. target
- $3.33 304.0% vs last close
Bull case
- In FY2025, revenue rebounded 91.7% to $103.5M while free cash flow reached positive $9.7M.
- The balance sheet holds net cash of $10.4M with a solid current ratio of 2.47 as of June 30, 2026.
- Analysts maintain 3 Strong Buy ratings with a mean price target of $3.33, implying 304.0% upside over the last close of $0.82.
Bear case
- Tigo shares have dropped 65.6% over the past year and trade 69.1% below their 200-day average.
- Historical share count expanded 442.9% over 5 years, diluting existing shareholders.
- Despite recent revenue gains, analysts expect EPS to decline to -$0.05 in the next fiscal year.
What Tigo Energy does
Headquartered in Campbell, California, Tigo Energy, Inc. provides advanced solar and energy storage solutions for residential, commercial, and utility-scale solar systems. The company develops and manufactures intelligent hardware and software designed to improve safety, increase energy yield, and reduce operating costs. Its core offerings include Flex MLPE (Module Level Power Electronics) technology and solar optimizers paired with cloud-based software for energy monitoring and control. These MLPE products provide module-level rapid shutdown compliance, real-time tracking, and performance optimization. Additionally, Tigo develops and produces inverters and battery storage systems targeted at the residential solar-plus-storage market.
Growth and profitability
Tigo Energy achieved a 5-year revenue CAGR of 25.5% from FY2020 to FY2025. Annual revenue expanded from $43.6M in FY2021 to $145.2M in FY2023, before falling 62.8% to $54.0M in FY2024 with a net income of -$62.7M. In FY2025, revenue rebounded 91.7% to $103.5M, gross margin expanded to 42.8%, and net income narrowed to -$1.9M. For the trailing twelve months ended June 30, 2026, revenue stood at $111.2M with quarterly revenue growth of 5.6% year-over-year. TTM operating margin was -6.6%, while profit margin was 9.0% and diluted EPS was $0.17.
Balance sheet and cash flow
As of June 30, 2026, Tigo Energy held $16.9M in cash and short-term investments against total debt of $6.5M, yielding net cash of $10.4M. Total assets were $77.9M, and shareholders' equity was $44.6M. The company maintains a current ratio of 2.47 and a debt-to-equity ratio of 0.15. In FY2025, operating cash flow reached $10.3M and capital expenditures were $642,000, supporting free cash flow of $9.7M. Over the past 5 years, share count increased 442.9%.
Valuation and performance
At a closing price of $0.82 on October 16, 2026, Tigo Energy has a market cap of $63.3M and an enterprise value of $57.9M. The stock trades at a trailing P/E of 4.9x, well below the 28.1x median of its US-listed Technology peers. Its forward P/E of 85.5x compares to the peer median of 18.8x. TYGO carries a price-to-sales of 0.6x and EV/EBITDA of 4.3x versus peer medians of 2.8x and 16.6x. Over the past year, the stock fell 65.6%, lagging the S&P 500 (SPY) return of 16.8%.
What analysts expect
All 3 covering analysts rate Tigo Energy a Strong Buy, with no Buy, Hold, Sell, or Strong Sell ratings. The mean price target is $3.33, representing 304.0% upside versus the last close of $0.82. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $103.5M and an EPS of -$0.03. For the next fiscal year, 3 analysts estimate revenue of $119.1M and an EPS of -$0.05. Over the last 4 quarters, Tigo beat EPS estimates 3 times. The next earnings date is October 27, 2026.
Key risks and what to watch
- Revenue experienced extreme volatility recently, falling 62.8% in FY2024 before rebounding in FY2025.
- Operating margins remained negative at -4.3% in FY2025 and -6.6% on a TTM basis.
- The company's stock has a beta of 1.28, reflecting higher price volatility relative to the broader market.
- Short interest accounts for 6.6% of the float, indicating continued negative sentiment from some market participants.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this TYGO AI stock analysis
This page is an AI-written research summary of Tigo Energy, Inc. (TYGO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: TYGO income statement, TYGO balance sheet, TYGO key metrics, TYGO analyst forecast, TYGO chart. See the TYGO stock overview for the latest quote and news.
TYGO AI stock analysis FAQ
What is Tigo Energy's ticker and exchange?
Tigo Energy trades under the ticker TYGO on the NASDAQ exchange.
Does Tigo Energy pay a dividend?
No, Tigo Energy does not pay a dividend.
What is Tigo Energy's net cash position?
As of June 30, 2026, Tigo Energy held $16.9M in cash and short-term investments and $6.5M in total debt, resulting in net cash of $10.4M.
What are analysts forecasting for Tigo Energy's revenue?
Analysts estimate revenue of $103.5M for the fiscal year ending December 31, 2026, and $119.1M for the following fiscal year.
When is Tigo Energy's next earnings report?
Tigo Energy is scheduled to report earnings on October 27, 2026.