Tigo Energy, Inc. (NASDAQ:TYGO) Short Interest Update

Tigo Energy, Inc. (NASDAQ:TYGO) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 127,800 shares, a decline of 49.4% from the August 31st total of 252,600 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 1,050,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 1,050,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TYGO. HC Wainwright boosted their price target on Tigo Energy from $3.00 to $6.00 and gave the company a “buy” rating in a report on Wednesday, July 30th. Wall Street Zen upgraded Tigo Energy to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tigo Energy in a research note on Saturday, September 27th. Finally, Roth Capital upgraded shares of Tigo Energy from a “neutral” rating to a “buy” rating and set a $3.00 price objective on the stock in a report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Tigo Energy currently has a consensus rating of “Hold” and a consensus target price of $4.50.

Tigo Energy Stock Down 1.2%

Shares of TYGO stock opened at $2.42 on Friday. Tigo Energy has a 12-month low of $0.58 and a 12-month high of $2.58. The company has a market capitalization of $159.09 million, a PE ratio of -2.88 and a beta of 1.18. The firm has a 50 day moving average price of $1.62 and a two-hundred day moving average price of $1.23.

Tigo Energy (NASDAQ:TYGO) last announced its earnings results on Tuesday, July 29th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.02. The company had revenue of $24.06 million for the quarter, compared to analyst estimates of $21.48 million. Tigo Energy had a negative return on equity of 434.06% and a negative net margin of 69.01%. Tigo Energy has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Tigo Energy will post -0.43 EPS for the current year.

About Tigo Energy

Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.