Tigo Energy Repays Promissory Note, Strengthens Balance Sheet

Tigo Energy ( (TYGO) ) has issued an update.

On December 17, 2025, Tigo Energy fully repaid its $50 million Convertible Promissory Note, originally issued on January 9, 2023, to L1 Energy Capital Management. By using cash reserves for the repayment ahead of the scheduled maturity in January 2026, the company eliminated potential equity overhang, streamlined its capital structure, and strengthened its balance sheet. This move positions Tigo Energy to focus on driving profitable growth in 2026, underscoring its commitment to financial stability and operational efficiency, benefiting stakeholders and reflecting its proactive approach to maintaining industry competitiveness.

The most recent analyst rating on (TYGO) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Tigo Energy stock, see the TYGO Stock Forecast page.

Spark’s Take on TYGO Stock

According to Spark, TipRanks’ AI Analyst, TYGO is a Neutral.

Tigo Energy’s overall score is primarily influenced by its strong revenue growth and recent return to profitability, as highlighted in the earnings call. However, financial instability, high leverage, and bearish technical indicators weigh heavily on the score.

To see Spark’s full report on TYGO stock, click here.

More about Tigo Energy

Tigo Energy, Inc., founded in 2007 and listed on Nasdaq under the symbol TYGO, is a global leader specializing in intelligent hardware and software solutions designed to enhance safety, optimize energy yield, and reduce operating costs in residential, commercial, and utility-scale solar systems. The company provides cutting-edge technologies like Flex MLPE for module-level power electronics, solar optimizers, inverters, and battery storage systems targeting the solar-plus-storage market.

Average Trading Volume: 612,866

Technical Sentiment Signal: Sell

Current Market Cap: $105.5M

For an in-depth examination of TYGO stock, go to TipRanks’ Overview page.