Tigo Energy Signs Lease for New Headquarters

Tigo Energy ( (TYGO) ) has shared an announcement.

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.

Spark’s Take on TYGO Stock

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

The overall score of 50 reflects the substantial financial hurdles Tigo Energy faces, including negative cash flows and high leverage. While the earnings call highlighted strong revenue growth and improved gross margins, the company still struggles with profitability and tariff impacts. Technical analysis shows short-term bullish momentum, but valuation concerns persist with a negative P/E ratio.

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

More about Tigo Energy

Average Trading Volume: 21,495

Technical Sentiment Signal: Sell

Current Market Cap: $61.92M

See more insights into TYGO stock on TipRanks’ Stock Analysis page.