Northland Securities Comments on Tigo Energy Q3 Earnings

Tigo Energy, Inc. (NASDAQ:TYGO) – Analysts at Northland Securities reduced their Q3 2026 earnings per share (EPS) estimates for shares of Tigo Energy in a research report issued to clients and investors on Wednesday, August 5th. Northland Securities analyst G. Richard now anticipates that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for Tigo Energy’s current full-year earnings is $0.04 per share. Northland Securities also issued estimates for Tigo Energy’s Q4 2026 earnings at $0.01 EPS, FY2026 earnings at $0.04 EPS, Q1 2027 earnings at ($0.01) EPS, Q2 2027 earnings at $0.00 EPS, Q3 2027 earnings at $0.02 EPS and Q4 2027 earnings at $0.03 EPS.

Tigo Energy (NASDAQ:TYGO) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. The company had revenue of $25.41 million during the quarter, compared to the consensus estimate of $30.82 million. Tigo Energy had a negative return on equity of 2.02% and a net margin of 8.97%.

Other equities research analysts have also recently issued reports about the stock. Roth Capital reaffirmed a “buy” rating and issued a $7.00 target price on shares of Tigo Energy in a report on Wednesday, May 6th. HC Wainwright lowered their price target on Tigo Energy from $6.00 to $3.50 and set a “buy” rating on the stock in a research report on Wednesday. Wall Street Zen lowered Tigo Energy from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings raised Tigo Energy from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $5.63.

Tigo Energy Price Performance

Shares of TYGO stock opened at $1.29 on Thursday. The company has a fifty day moving average price of $2.39 and a two-hundred day moving average price of $3.34. Tigo Energy has a one year low of $0.93 and a one year high of $5.33. The stock has a market cap of $97.92 million, a P/E ratio of 9.21 and a beta of 1.32.

Institutional Trading of Tigo Energy

Several hedge funds have recently added to or reduced their stakes in the company. Walleye Capital LLC bought a new stake in Tigo Energy in the 2nd quarter valued at $29,000. JPMorgan Chase & Co. bought a new position in Tigo Energy during the 3rd quarter worth $31,000. Scientech Research LLC acquired a new stake in shares of Tigo Energy during the third quarter worth $33,000. Virtu Financial LLC acquired a new stake in shares of Tigo Energy during the third quarter worth $34,000. Finally, Potomac Capital Management Inc. bought a new stake in shares of Tigo Energy in the fourth quarter valued at about $38,000. 15.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Tigo Energy

In related news, CEO Zvi Alon sold 72,057 shares of Tigo Energy stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $3.42, for a total transaction of $246,434.94. Following the completion of the sale, the chief executive officer owned 1,239,316 shares of the company’s stock, valued at approximately $4,238,460.72. The trade was a 5.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Joan C. Conley sold 50,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $3.10, for a total transaction of $155,000.00. Following the completion of the transaction, the director directly owned 227,902 shares in the company, valued at approximately $706,496.20. This represents a 17.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 463,444 shares of company stock worth $1,631,333. 26.60% of the stock is owned by corporate insiders.

Trending Headlines about Tigo Energy

Here are the key news stories impacting Tigo Energy this week:

• Positive Sentiment: HC Wainwright maintained a “buy” rating and reduced its price target to $3.50 from $6.00. The revised target still implies substantial potential upside from recent trading levels, suggesting the analyst believes Tigo’s long-term opportunity remains intact. HC Wainwright price target report
• Positive Sentiment: Tigo reported second-quarter 2026 EPS of approximately $0.05, above the $0.04 consensus estimate. Gross profit reached about $10 million and the operating loss narrowed to $1.7 million, indicating some improvement in cost control. Tigo Energy second-quarter financial results
• Neutral Sentiment: Management projects 2026 revenue of $100 million to $110 million and third-quarter revenue of $24 million to $26 million. The company said the EG4 customer ramp is shifting toward the fourth quarter, which could defer near-term growth but potentially support later-year results. Tigo Energy 2026 revenue outlook
• Negative Sentiment: Revenue of $25.4 million increased 5.6% year over year but missed estimates near $31 million. Management’s full-year outlook is also well below the roughly $132 million analyst consensus, while third-quarter guidance is below consensus near $38 million. The shortfall raises concerns about demand, customer timing and the pace of the EG4 ramp.
• Negative Sentiment: Northland Securities reduced its EPS forecasts across late 2026 and 2027. Its FY2026 estimate fell to $0.04 from $0.10, Q3 2026 to $0.00 from $0.04, and Q4 2026 to $0.01 from $0.06. Estimates for Q1 and Q2 2027 were also lowered, with Q1 now expected to show a $0.01 loss. These cuts signal weaker anticipated profitability.
• Negative Sentiment: Cash flow from operations was negative at approximately $1 million, and reported data indicates insiders made eight sales and no purchases during the past six months. With TYGO trading well below its 50-day and 200-day moving averages, these factors may reinforce investor caution.

Tigo Energy Company Profile

Tigo Energy, Inc (NASDAQ: TYGO) is a U.S.-based provider of module-level power electronics (MLPE) solutions designed to optimize the performance and safety of solar photovoltaic systems. Founded in 2007 and headquartered in Campbell, California, Tigo Energy develops hardware and software tools that enhance energy yield, improve system reliability, and streamline compliance with electrical codes. The company’s technology platform is used by solar installers, project developers, and module manufacturers to deliver higher returns on investment and bolster the safety profile of PV arrays.

At the core of Tigo’s offerings is its TS4 platform, a modular MLPE solution that enables real-time monitoring, rapid shutdown functionality, and maximum power point tracking at the panel level.