Northland Securities Weighs in on Tigo Energy Q3 Earnings

Tigo Energy, Inc. (NASDAQ:TYGO) – Equities researchers at Northland Securities decreased their Q3 2027 earnings per share estimates for Tigo Energy in a note issued to investors on Thursday, May 7th. Northland Securities analyst G. Richard now expects that the company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.05. The consensus estimate for Tigo Energy’s current full-year earnings is $0.05 per share. Northland Securities also issued estimates for Tigo Energy’s Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.16 EPS.

Tigo Energy (NASDAQ:TYGO) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). The firm had revenue of $25.20 million during the quarter, compared to analysts’ expectations of $25.76 million. Tigo Energy had a negative return on equity of 41.48% and a net margin of 3.07%.

Several other brokerages have also issued reports on TYGO. Wall Street Zen lowered Tigo Energy from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 19th. Roth Mkm restated a “buy” rating and issued a $7.00 price objective on shares of Tigo Energy in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Tigo Energy presently has an average rating of “Hold” and an average target price of $6.47.

Tigo Energy Trading Down 2.7%

Shares of NASDAQ TYGO opened at $4.35 on Friday. The stock’s 50-day moving average is $4.05 and its 200 day moving average is $2.92. The stock has a market cap of $330.21 million, a price-to-earnings ratio of 108.78 and a beta of 1.32. Tigo Energy has a 1-year low of $0.82 and a 1-year high of $5.33.

Institutional Investors Weigh In On Tigo Energy

A number of hedge funds and other institutional investors have recently modified their holdings of TYGO. JPMorgan Chase & Co. purchased a new stake in Tigo Energy during the 3rd quarter valued at about $31,000. Scientech Research LLC purchased a new position in Tigo Energy in the 3rd quarter worth approximately $33,000. Virtu Financial LLC purchased a new position in Tigo Energy in the 3rd quarter worth approximately $34,000. NewEdge Advisors LLC lifted its position in Tigo Energy by 137.7% in the third quarter. NewEdge Advisors LLC now owns 36,162 shares of the company’s stock valued at $90,000 after purchasing an additional 20,950 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Tigo Energy by 6.7% in the fourth quarter. Geode Capital Management LLC now owns 335,716 shares of the company’s stock valued at $463,000 after purchasing an additional 21,211 shares during the last quarter. Institutional investors own 15.72% of the company’s stock.

Key Stories Impacting Tigo Energy

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

• Positive Sentiment: HC Wainwright raised several multi‑year EPS targets (FY2027–FY2030), signaling stronger long‑term profit expectations that could support upside if execution matches forecasts.
• Positive Sentiment: HC Wainwright trimmed FY2026 loss estimate (to ($0.01) from ($0.03)), a nearer‑term improvement that reduces expected short‑term pain.
• Positive Sentiment: Zacks upgraded Tigo to a Buy (Zacks Rank #2), reflecting growing optimism on earnings prospects which may attract buyers. Article Title
• Positive Sentiment: Management gave Q2 revenue guidance of $30M–$32M and flagged utility‑scale growth for 2026 — a clear growth signal that could support multiple expansion if realized. Article Title
• Neutral Sentiment: Q1 2026 earnings and call transcripts are available — management commentary and detail in the call may be parsed by investors for execution signs; transcripts provide context but are informational. Article Title Article Title
• Negative Sentiment: Northland Securities cut near‑term EPS estimates (Q3 and Q4 2027 and FY2027), lowering short‑term growth expectations — a driver of downward price pressure as consensus near‑term profitability is trimmed.
• Negative Sentiment: HC Wainwright reduced its Q4 2026 EPS projection (from $0.02 to $0.01), demonstrating mixed analyst views and adding uncertainty to near‑term earnings momentum.
• Negative Sentiment: Q1 results showed EPS in line with consensus but revenue missed estimates ($25.20M vs. ~$25.76M) and margins/ROE remain thin/negative, leaving the stock vulnerable until revenue and margin expansion are consistent.

About Tigo Energy

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.