Tigo Energy (TYGO) AI Stock Analysis

• Market Cap: $66.98M
• Dividend Yield: N/A
• Average Volume (3M): 19.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.19
• Revenue Growth: -39.94%
• EPS Growth: -38.95%
• Country: US
• Employees: 140
• Sector: Technology
• Sector Strength: 83
• Industry: Solar
• EPS (TTM): -0.04
• Shares Outstanding: 62,016,315
• 10 Day Avg. Volume: 15,415
• 30 Day Avg. Volume: 19,580
• PEG Ratio: 0.04
• Price to Book (P/B): 6.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.25
• Enterprise Value/Market Cap: 1.29
• Enterprise Value/Revenue: 0.34
• Enterprise Value/Gross Profit: -19.79
• Enterprise Value/Ebitda: -1.07
• 1Y Price Target: $3.75
• Price Target Upside: 247.22% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 48 Neutral
• Price Target: $1.00 ▼(-7.41%Downside)

Tigo Energy's stock score reflects significant financial challenges, including high leverage and negative cash flows, which are the most impactful factors. While the earnings call provides optimism with revenue growth and reduced losses, underlying issues with profitability and market valuation constrain the overall score.

Positive Factors

Gross Profit

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

Market Position

Management remains optimistic in its market positioning supported by differentiated product features and confidence in its product pricing.

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 and Challenges

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 makes money primarily through the sale of its solar energy management products and solutions. The company's key revenue streams include the sale of module-level power electronics, which are integrated into solar panels to improve energy output and ensure safer operations. Additionally, Tigo Energy generates revenue from providing software and monitoring services that enable solar system operators to track and optimize the performance of their installations. Strategic partnerships with solar panel manufacturers and distributors also contribute to Tigo Energy's earnings by expanding its market reach and customer base.

Tigo Energy Financial Statement Overview

Summary

Tigo Energy faces significant financial challenges marked by declining revenues, negative profitability, and constrained cash flows. The company operates with a small equity base and struggles with operational efficiency, as evidenced by negative margins across the board. While debt levels are not overly high, the negative equity and ongoing losses present substantial financial risks. The company must address operational and cost management issues to improve its financial health.

Income Statement

Tigo Energy's income statement shows significant challenges, with declining revenues and negative profitability margins. The gross profit margin is negative at -8.06% TTM, indicating cost management issues. The net profit margin is substantially negative at -116.18% TTM, showing severe profitability challenges. Revenue growth has decreased drastically by -62.79% over the most recent period. The company also has negative EBIT and EBITDA margins, reflecting operational inefficiencies.

Balance Sheet

The balance sheet reveals a weak financial position with a debt-to-equity ratio of 0.19 TTM, suggesting manageable leverage. However, the equity ratio is low at 11.50% TTM, highlighting a small equity base relative to assets. Return on equity is negative due to the net losses, indicating unprofitable use of equity capital. Despite these weaknesses, the company has managed to reduce debt over the past few years.

Cash Flow

Cash flow analysis shows a negative free cash flow, which has worsened by 64.66% over the past year, indicating increasing cash constraints. The operating cash flow to net income ratio is not meaningful due to negative values, and free cash flow to net income ratio is also negative, reflecting cash flow challenges. Overall, cash flows remain strained, despite some reduction in capital expenditures.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
54.01M	145.23M	81.32M	43.64M	33.29M
	Gross Profit
-4.16M	51.31M	24.77M	12.64M	10.54M
	EBIT
-52.00M	-8.28M	-896.00K	-3.71M	-1.97K
	EBITDA
-50.00M	8.38M	-4.91M	-3.29M	-91.00K
	Net Income Common Stockholders
-62.75M	-984.00K	-7.04M	-4.86M	―
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
19.90M	31.21M	36.19M	6.18M	22.79K
	Total Assets
72.91M	127.78M	88.08M	23.96M	23.26K
	Total Debt
42.12M	34.15M	21.98M	9.41M	20.90M
	Net Debt
30.38M	29.75M	-14.21M	3.23M	20.88M
	Total Liabilities
64.53M	64.95M	143.77M	73.85M	1.45K
	Stockholders Equity
8.38M	62.82M	-55.69M	-49.90M	21.81K
Cash Flow		Free Cash Flow
-13.64M	-39.79M	-17.62M	-5.31M	-274.74K
	Operating Cash Flow
-12.35M	-37.22M	-16.47M	-4.99M	-1.74K
	Investing Cash Flow
19.76M	-30.91M	-1.60M	-323.00K	-273.00K
	Financing Cash Flow
-61.00K	34.82M	48.32M	7.30M	-469.00

Tigo Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TYGO, the sentiment is Positive. The current price of 1.08 is above the 20-day moving average (MA) of 0.98, above the 50-day MA of 0.88, and above the 200-day MA of 1.04, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 65.68 is Neutral, neither overbought nor oversold. The STOCH value of 88.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TYGO.

Tigo Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.75B	10.58	-7.10%	2.91%	7.47%	-7.95%
FTCI	54 Neutral	$57.44M	―	-123.52%	―	-43.69%	12.75%
TYGO	48 Neutral	$66.98M	―	-200.49%	―	-39.94%	-38.95%
SPRU	43 Neutral	$34.76M	―	-49.28%	―	8.97%	-68.08%
SMXT	43 Neutral	$54.04M	―		―	-48.65%	13.64%
MAXN	42 Neutral	$51.03M	―	307.38%	―	-54.68%	63.56%
NOVA	41 Neutral	$26.27M	―	-21.91%	―	16.55%	15.72%

Tigo Energy Corporate Events

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.