Tigo Energy (TYGO) AI Stock Analysis

• Market Cap: $91.78M
• Dividend Yield: N/A
• Average Volume (3M): 33.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• Revenue Growth: -39.94%
• EPS Growth: -38.95%
• Country: US
• Employees: 140
• Sector: Technology
• Sector Strength: 89
• Industry: Solar
• EPS (TTM): -0.04
• Shares Outstanding: 62,016,315
• 10 Day Avg. Volume: 55,005
• 30 Day Avg. Volume: 33,808
• PEG Ratio: -0.02
• Price to Book (P/B): -0.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.86
• Enterprise Value/Market Cap: 0.39
• Enterprise Value/Revenue: 0.17
• Enterprise Value/Gross Profit: 239.61
• Enterprise Value/Ebitda: -0.31
• 1Y Price Target: $3.75
• Price Target Upside: 167.86% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 58 Neutral
• Price Target: $1.50 ▲(7.14%Upside)

The overall score is primarily impacted by the company's weak financial performance, characterized by high leverage and operational losses. However, positive earnings call developments and technical momentum provide some offsetting strengths. The regained Nasdaq compliance and bullish analyst sentiment further support a moderate outlook.

Positive Factors

Geographic Diversity

The company shows geographic diversity of revenues including EMEA, APAC, South America, and the U.S., which supports its steady outlook.

Gross Profit

Gross profit for the quarter significantly increased to 38.1% of revenue, compared to 28.2% in 1Q24.

Revenue Growth

Tigo Energy, Inc. reported a 9% sequential increase in total revenues for 1Q25, reaching near the higher end of the guided range.

Negative Factors

Revenue Decline

The company ended 2024 with revenues of $54M compared to $145M in 2023, reflecting a 62.8% decline as the macro environment for the solar industry remained pressured.

Risks

Risks include dilution risk, supply chain risk, technological risk, execution risk, regulatory risk, competition risk, seasonality risk, customer concentration risk, delisting risk, and uncertainty related to macroeconomic conditions and geopolitical events.

Tigo Energy Business Overview & Revenue Model

Company Description

Tigo Energy, Inc. provides intelligent solar and energy storage solutions. It develops and manufactures smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems. The company combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for energy monitoring and control. Its MLPE products maximize performance, enable real-time energy monitoring, and provide code-required rapid shutdown at the module level. The company also develops and manufactures products, such as inverters and battery storage systems for the residential solar-plus-storage market. The company was founded in 2007 and is based in Campbell, California.

How the Company Makes Money

Tigo Energy generates revenue primarily through the sale of its advanced MLPE products and associated software solutions. The company's core revenue streams include the sale of solar optimizers, which improve the energy yield of solar panels by dynamically adjusting the operating conditions of each module, and the sales of inverters that convert direct current (DC) produced by solar panels into alternating current (AC). Additionally, Tigo offers monitoring and data analytics software that provides real-time insights into solar system performance, which is often sold as a subscription-based service. Strategic partnerships with solar panel manufacturers and installers also play a significant role in expanding Tigo's market reach and enhancing its revenue potential. Furthermore, Tigo Energy may engage in licensing agreements or partnerships that leverage its proprietary technology to drive additional income.

Tigo Energy Financial Statement Overview

Summary

Tigo Energy's financial performance is weak, with declining revenues, high operational losses, and substantial leverage. Income statement, balance sheet, and cash flow metrics indicate significant financial challenges and risks.

Income Statement

Tigo Energy's income statement reveals a challenging environment with declining revenues and persistent losses. The TTM (Trailing-Twelve-Months) shows a gross profit margin of 0.24% and a net profit margin of -92.37%, indicating significant losses. Revenue growth is negative at -56.59% from 2023 to 2024, reflecting declining sales. The EBIT and EBITDA margins are also negative, at -74.36% and -71.56% respectively, highlighting operational inefficiencies and high expenses. These metrics suggest a need for improved cost management and revenue generation strategies.

Balance Sheet

The balance sheet shows a weak financial structure with a debt-to-equity ratio of 11.66, indicating high leverage and potential financial risk. The equity ratio stands at 5.34%, reflecting low equity compared to total assets. Additionally, the return on equity (ROE) is negative at -1542.14%, showing that the company is not generating returns for its shareholders. The company needs to address its high debt levels to stabilize its financial health.

Cash Flow

Cash flow analysis indicates strained liquidity with negative operating and free cash flows. The TTM shows a free cash flow growth rate of -146.63%, suggesting a significant decline in cash generation. The operating cash flow to net income ratio is 0.55, and the free cash flow to net income ratio is 0.58, both indicating insufficient cash flow to cover net losses. Strengthening cash flows and improving operational efficiency are critical for the company's financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	63.05M	54.01M	145.23M	81.32M	43.64M	33.29M
Gross Profit	151.00K	-4.16M	51.31M	24.77M	12.64M	10.54M
EBITDA	-45.11M	-50.00M	8.38M	-4.91M	-3.29M	-91.00K
Net Income	-58.24M	-62.75M	-984.00K	-7.04M	-4.86M	―
Balance Sheet
Total Assets	70.64M	72.91M	127.78M	88.08M	23.96M	23.26K
Cash, Cash Equivalents and Short-Term Investments	20.28M	19.90M	31.21M	36.19M	6.18M	22.79K
Total Debt	44.03M	42.12M	34.15M	21.98M	9.41M	20.90M
Total Liabilities	66.86M	64.53M	64.95M	143.77M	73.85M	1.45K
Stockholders Equity	3.77M	8.38M	62.82M	-55.69M	-49.90M	21.81K
Cash Flow
Free Cash Flow	-33.62M	-13.64M	-39.79M	-17.62M	-5.31M	-274.74K
Operating Cash Flow	-32.29M	-12.35M	-37.22M	-16.47M	-4.99M	-1.74K
Investing Cash Flow	23.94M	19.76M	-30.91M	-1.60M	-323.00K	-273.00K
Financing Cash Flow	766.00K	-61.00K	34.82M	48.32M	7.30M	-469.00

Tigo Energy Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TYGO, the sentiment is Neutral. The current price of 1.4 is above the 20-day moving average (MA) of 1.20, above the 50-day MA of 1.01, and above the 200-day MA of 1.04, indicating a neutral trend. The MACD of 0.09 indicates Positive momentum. The RSI at 47.98 is Neutral, neither overbought nor oversold. The STOCH value of 48.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TYGO.

Tigo Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	69 Neutral	¥228.21B	14.44	7.64%	2.70%	9.09%	8.37%
FTCI	59 Neutral	$56.92M	―	-123.52%	―	-43.69%	12.75%
TYGO	58 Neutral	$91.78M	―	-200.49%	―	-39.94%	-38.95%
SPRU	46 Neutral	$35.30M	―	-49.28%	―	8.97%	-68.08%
SMXT	40 Underperform	$52.15M	―		―	-48.65%	13.64%
NOVAQ	39 Underperform	$276.51K	―	-21.91%	―	16.55%	15.72%
MAXN	38 Underperform	$50.01M	―	307.38%	―	-54.68%	63.56%

Tigo Energy Corporate Events

Tigo Energy Regains Nasdaq Compliance as of June 2025

On June 16, 2025, Tigo Energy, Inc. received a notification from The Nasdaq Stock Market LLC confirming that the company had regained compliance with the minimum bid price requirements for continued listing on Nasdaq. Previously, on April 3, 2025, Tigo Energy was informed of non-compliance due to its stock price falling below $1.00 per share for 30 consecutive business days, but the issue was resolved as the stock price met the required threshold for 10 consecutive days.

The most recent analyst rating on (TYGO) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Tigo Energy stock, see the TYGO Stock Forecast page.

Tigo Energy Signs Lease for New Headquarters

On May 27, 2025, Tigo Energy, Inc. entered into a lease agreement with Boccardo Corporation for a new headquarters in Los Gatos, California. The lease, starting June 1, 2025, covers 15,342 square feet with a monthly rent of $38,355, increasing annually by 3%, and includes an option to extend for three years. Tigo Energy plans to move its corporate headquarters to this location by June 30, 2025, updating its principal mailing address but retaining its current telephone number.

The most recent analyst rating on (TYGO) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Tigo Energy stock, see the TYGO Stock Forecast page.

Tigo Energy Holds 2025 Annual Stockholders Meeting

On May 19, 2025, Tigo Energy, Inc. held its 2025 Annual Meeting of Stockholders. During the meeting, shareholders voted on two key proposals. The first proposal was the election of seven director nominees to serve until the 2026 Annual Meeting, with all nominees receiving the necessary votes for election. The second proposal was the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, which was also approved by the shareholders.

The most recent analyst rating on (TYGO) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Tigo Energy stock, see the TYGO Stock Forecast page.