Tigo Energy (TYGO) AI Stock Analysis

• Market Cap: $147.26M
• Dividend Yield: N/A
• Average Volume (3M): 669.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.67
• Revenue Growth: 97.41%
• EPS Growth: 11.83%
• Country: US
• Employees: 140
• Sector: Technology
• Sector Strength: 88
• Industry: Solar
• EPS (TTM): -0.03
• Shares Outstanding: 65,740,060
• 10 Day Avg. Volume: 591,574
• 30 Day Avg. Volume: 669,366
• PEG Ratio: >-0.01
• Price to Book (P/B): 7.08
• Price to Sales (P/S): 1.10
• P/FCF Ratio: -4.35
• Enterprise Value/Market Cap: 0.67
• Enterprise Value/Revenue: 1.09
• Enterprise Value/Gross Profit: 5.39
• Enterprise Value/Ebitda: -3.69
• 1Y Price Target: $4.67
• Price Target Upside: 101.29% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: $2.50 ▲(7.76% Upside)

Tigo Energy's overall score reflects strong revenue growth and positive earnings call insights, tempered by financial instability and valuation concerns. The technical analysis suggests moderate market confidence, while profitability challenges remain a key risk.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and successful execution of business strategies, supporting long-term expansion.

Return to Profitability

Achieving operating profitability suggests improved cost management and operational efficiency, enhancing financial stability over time.

Strong U.S. Market Performance

Robust growth in the U.S. market underscores effective market penetration and strategic positioning, bolstering future revenue streams.

Negative Factors

High Leverage

Excessive leverage can strain financial resources, limiting flexibility and increasing vulnerability to economic downturns.

Negative Profit Margins

Sustained negative profit margins highlight ongoing operational inefficiencies, which may hinder long-term profitability and growth.

Convertible Debt Maturity

Upcoming debt maturity poses refinancing risks, potentially impacting cash flow and financial stability if not managed effectively.

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 through the sale of its smart module products and energy management solutions, primarily in the solar energy sector. Key revenue streams include the direct sales of its module optimizers, which enhance the efficiency of solar panels, and software solutions that provide real-time monitoring and analytics for solar energy systems. The company also benefits from partnerships with solar manufacturers and installers, integrating its technology into their offerings. Additionally, Tigo Energy may generate recurring revenue through subscription services for its monitoring software, which provides ongoing support and data analytics to users. Strategic partnerships with key players in the solar industry further enhance its market reach and contribute to its overall earnings.

Tigo Energy Financial Statement Overview

Summary

Tigo Energy faces significant financial challenges, including negative EBIT and EBITDA margins, high leverage, and negative cash flows. Despite revenue growth, profitability remains elusive, posing risks to sustained operations.

Income Statement

Tigo Energy has experienced volatile revenue growth, with a recent TTM (Trailing-Twelve-Months) increase of 37.68% following a decline in the previous year. Despite an improvement in gross profit margin from negative to positive, the company continues to face significant operational challenges, as evidenced by negative EBIT and EBITDA margins. The net profit margin remains deeply negative due to substantial losses.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio due to minimal stockholders' equity, indicating leverage risks. Despite a slight improvement in equity, the company remains undercapitalized. The equity ratio is low, reflecting reliance on debt financing. Return on equity is not meaningful due to persistent net losses.

Cash Flow

Cash flow analysis shows negative free cash flow and operating cash flow, highlighting liquidity pressures. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is unfavorable, indicating inefficient cash generation relative to net losses. The company needs to improve cash flow management to achieve financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	90.78M	54.01M	145.23M	81.32M	43.64M	33.29M
Gross Profit	18.43M	-4.16M	51.31M	24.77M	12.64M	10.54M
EBITDA	-26.91M	-50.00M	8.38M	-4.91M	-3.29M	-91.00K
Net Income	-40.40M	-62.75M	-984.00K	-7.04M	-4.86M	-1.97K
Balance Sheet
Total Assets	107.84M	72.91M	127.78M	88.08M	23.96M	23.26K
Cash, Cash Equivalents and Short-Term Investments	40.28M	19.90M	31.21M	36.19M	6.18M	4.24M
Total Debt	50.04M	42.12M	34.15M	21.98M	9.41M	20.90M
Total Liabilities	95.78M	64.53M	64.95M	143.77M	73.85M	1.45K
Stockholders Equity	12.05M	8.38M	62.82M	-55.69M	-3.04M	-20.83M
Cash Flow
Free Cash Flow	9.00M	-13.64M	-39.79M	-17.62M	-5.31M	-274.74K
Operating Cash Flow	9.73M	-12.35M	-37.22M	-16.47M	-4.99M	-1.74K
Investing Cash Flow	-5.98M	19.76M	-30.91M	-1.60M	-323.00K	-273.00K
Financing Cash Flow	11.26M	-61.00K	34.82M	48.32M	7.30M	-469.00

Tigo Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.32
• 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 Positive. The current price of 2.32 is below the 20-day moving average (MA) of 2.40, above the 50-day MA of 2.14, and above the 200-day MA of 1.32, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 50.36 is Neutral, neither overbought nor oversold. The STOCH value of 46.12 is Neutral, 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 *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
FTCI	57 Neutral	$117.81M	-2.18	-175.83%	―	-17.53%	8.53%
TYGO	56 Neutral	$147.26M	-3.40	-177.48%	―	97.41%	11.83%
SOL	47 Neutral	$95.97M	―	-1.27%	―	-33.44%	81.60%
BEEM	47 Neutral	$39.86M	-1.47	-65.81%	―	-49.36%	-32.19%
ZEO	42 Neutral	$86.26M	―	―	―	86.59%	55.95%
SPWR	41 Neutral	$134.64M	-2.40	―	―	308.47%	76.84%

Tigo Energy Corporate Events

Tigo Energy’s Earnings Call: Growth and Challenges

Tigo Energy, Inc. recently held its earnings call, revealing a mixed sentiment. While the company celebrated robust revenue growth and a return to profitability, it also acknowledged challenges such as rising operating expenses, net losses, and inventory buildup. The proactive approach to addressing debt maturity is encouraging, yet uncertainties remain.

Tigo Energy Reports Strong Q3 2025 Growth

Tigo Energy, Inc., a prominent player in the solar industry, specializes in intelligent solar and energy software solutions, enhancing the efficiency and safety of solar systems across residential, commercial, and utility-scale sectors.

Tigo Energy Partners with EG4 for Inverter Production

On August 19, 2025, Tigo Energy entered into a manufacturing and supply agreement with EG4 Electronics to produce optimized inverters in the United States, qualifying for tax credits under the Inflation Reduction Act. This partnership aims to boost American energy independence and create over 1,000 jobs, aligning with EG4’s acquisition of a new manufacturing facility in Texas.

The most recent analyst rating on (TYGO) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Tigo Energy stock, see the TYGO Stock Forecast page.