Want to see TOGI full AI Analyst Report?
Top Page
TurnOnGreen
(OTC:TOGI)
Select Model
Select Model
Rating:47Neutral
Price Target:
$0.02
▲(0.00% Upside)
Action:Reiterated
Date:09/21/26
The score is primarily constrained by weak financial performance (losses, cash burn, and balance sheet stress with negative equity and rising debt) despite improving revenue and gross margin. Technical signals are mixed with negative MACD and longer-term downtrend pressure. Valuation is difficult to justify on earnings (negative P/E) and offers no dividend support, while the recent corporate actions provide some structural flexibility but are not a fundamental turnaround catalyst on their own.
Positive Factors
Revenue and Gross Margin Improvement
The strong sales rebound and substantial gross-margin expansion indicate improving commercial traction and unit economics. If maintained, this combination can provide more resources for operations, support investment in the business, and improve the path toward eventual profitability over the next several quarters.
Negative Factors
Persistent Unprofitability
The revenue recovery has not yet translated into sustainable earnings, leaving the business dependent on continued improvement before it can internally fund growth. Persistent operating and net losses can constrain investment, weaken resilience, and make future financing more important to maintaining operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Gross Margin Improvement
The strong sales rebound and substantial gross-margin expansion indicate improving commercial traction and unit economics. If maintained, this combination can provide more resources for operations, support investment in the business, and improve the path toward eventual profitability over the next several quarters.
Read all positive factors
TurnOnGreen (TOGI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.80M
Dividend YieldN/A
Average Volume (3M)113.19K
Price to Earnings (P/E)―
Beta (1Y)-1.30
Revenue Growth29.63%
EPS Growth21.83%
CountryUS
Employees19
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)N/A
Shares Outstanding183,983,120
10 Day Avg. Volume60,364
30 Day Avg. Volume113,188
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)-1.36
Price to Sales (P/S)1.48
P/FCF Ratio-136.85
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TurnOnGreen Business Overview & Revenue Model
Company Description
TurnOnGreen, Inc. specializes in the engineering and production of advanced power systems. These essential products are designed for critical, life-saving, and continuous applications within a wide array of industries, including those operating in...
How the Company Makes Money
Detailed, current disclosures describing TurnOnGreen's (TOGI) revenue model, key revenue streams, unit economics (e.g., hardware sales vs. recurring software/network fees vs. installation/service), and material partnerships are not available from ...
TurnOnGreen Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.43M | 7.23M | 4.91M | 4.20M | 5.52M | 5.35M |
| Gross Profit | 3.54M | 3.32M | 2.12M | 895.00K | 2.02M | 1.68M |
| EBITDA | -804.00K | -792.00K | -2.88M | -4.02M | -3.68M | -1.73M |
| Net Income | -2.04M | -2.11M | -3.97M | -4.83M | -4.22M | -1.83M |
Balance Sheet | ||||||
| Total Assets | 4.67M | 3.23M | 2.75M | 4.72M | 6.65M | 4.43M |
| Cash, Cash Equivalents and Short-Term Investments | 61.00K | 65.00K | 27.00K | 21.00K | 95.00K | 112.00K |
| Total Debt | 11.16M | 8.46M | 5.82M | 1.30M | 1.84M | 407.61K |
| Total Liabilities | 13.63M | 36.07M | 33.48M | 9.14M | 5.04M | 1.44M |
| Stockholders Equity | -8.96M | -7.84M | -30.73B | -4.43M | 1.61M | 2.99M |
Cash Flow | ||||||
| Free Cash Flow | -1.94M | -77.97K | -2.71M | -3.38M | -2.93M | -4.36M |
| Operating Cash Flow | -1.86M | 2.02K | -2.67M | -3.34M | -2.67M | -4.34M |
| Investing Cash Flow | -31.00K | -80.00K | -42.00K | -42.00K | -263.00K | -18.00K |
| Financing Cash Flow | 3.10M | 3.07M | 2.71M | 3.31M | 2.92M | 4.21M |
TurnOnGreen Technical Analysis
Positive
0.02
Price Trends
0.02
Positive
0.02
Negative
0.03
Negative
Market Momentum
<0.01
Negative
56.36
Neutral
75.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TOGI, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.36 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TOGI.
TurnOnGreen Risk Analysis
TurnOnGreen disclosed 63 risk factors in its most recent earnings report. TurnOnGreen reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
Recent changes in our management may cause uncertainty in, or be disruptive to, our general business operations. Q4, 2023
2.
Disruption of our manufacturing facilities or other operations or those of our suppliers, or in the operations of our customers, due to climate change, earthquake, flood, other natural catastrophic events, public health crises such as the Covid-19 pandemic or terrorism could result in cancellation of orders, delays in deliveries or other business activities, or loss of customers and could seriously harm our business. Q4, 2023
3.
We are in a highly competitive EV charging services industry and there can be no assurance that we will be able to compete with many of our competitors which are larger and have greater financial resources. Q4, 2023
TurnOnGreen Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
48 Neutral | $1.14B | -0.71 | 55.63% | ― | 533.87% | 31.49% | |
47 Neutral | $3.80M | -1.86 | 24.86% | ― | 29.63% | 21.83% | |
44 Neutral | $148.71M | -5.96 | -124.68% | ― | 58.22% | -243.18% | |
43 Neutral | $12.89M | -0.05 | -1565.55% | ― | -4.85% | 53.62% | |
41 Neutral | $8.79M | -1.67 | -261.63% | ― | -36.58% | 5.31% | |
41 Neutral | $6.31M | -0.05 | -1934.84% | ― | -119.02% | 53.13% |
* Industrials Sector Average
TOGI
TurnOnGreen
0.02
-0.04
-64.29%
FLUX
Flux Power Holdings
0.64
-3.09
-82.84%
EOSE
Eos Energy Enterprises
3.21
-9.39
-74.52%
GWH
ESS Tech
0.16
-1.56
-90.93%
DFLI
Dragonfly Energy Holdings Corp
0.85
-18.05
-95.50%
NEOV
NeoVolta
3.05
-1.82
-37.37%
TurnOnGreen Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
TurnOnGreen Updates Corporate Bylaws and Governance Framework
Neutral
Sep 29, 2026
On September 25, 2026, TurnOnGreen’s Board of Directors approved and adopted a comprehensive revision of the company’s Bylaws, replacing the prior version in full. The updated Bylaws became effective immediately upon board approval and...
Business Operations and StrategyExecutive/Board ChangesShareholder MeetingsStock Split
TurnOnGreen Shareholders Approve Key Governance and Capital Measures
Positive
Sep 21, 2026
On September 18, 2026, TurnOnGreen, Inc. held its 2026 Annual Meeting of Shareholders, with holders of both common and Series A preferred stock voting on key corporate matters. Shareholders elected three directors to serve until the next annual me...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.