In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Tigo Energy, with a price target of $6.00.
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Amit Dayal has given his Buy rating due to a combination of factors that highlight Tigo Energy’s strong financial performance and strategic positioning. The company reported a significant increase in revenues for the third quarter of 2025, with a 27% sequential rise, reaching the higher end of their projected range. This growth was accompanied by a notable improvement in gross profit margins and a shift from an adjusted EBITDA loss in the previous year to a gain in the current quarter.
Furthermore, Tigo Energy’s expansion in key markets, particularly in EMEA and the Americas, supports its positive outlook. The company’s strategic partnership with EG4 in the U.S. and the increasing trend of re-powering aging solar infrastructure are expected to mitigate potential macroeconomic challenges. With a strong cash position and a promising growth trajectory, Tigo Energy is considered undervalued, making it an attractive investment opportunity.
According to TipRanks, Dayal is a 3-star analyst with an average return of 3.8% and a 38.04% success rate. Dayal covers the Industrials sector, focusing on stocks such as Ceco Environmental, Plug Power, and Vertical Aerospace.