Tigo Energy, Inc. (TYGO) Stock Price & Analysis
Tigo Energy, Inc. (TYGO) is trading at USD 0.99, up 6.69% today, as of October 23, 2026 at 16:39 UTC (US market open; quotes may be delayed), according to Nexqual market data.
TYGO last closed at USD 0.93; today's session has ranged USD 0.91–1.05 on volume of 479,660 shares. Market capitalization is $75.84M, with a 52-week range of USD 0.79–5.33 (NCM). Source: Nexqual, retrieved October 23, 2026 at 16:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TYGO.md
Key facts (TYGO)
- Last four reported quarters (through Jun 30, 2026): revenue $104B, net income $10.0M (0.0% margin), free cash flow -$8.1M (SEC filings).
- Valuation: P/E 7.6x.
- Earnings quality: non-operating income $9.9M vs operating income -$3.1M over the last four quarters; P/E excluding non-operating income ≈750.9x (estimate: non-operating income taxed at the company's 0% effective rate).
- Insider open-market sales, last ~7 months: 5 Form 4 filings, $1.6M; 5 not under a Rule 10b5-1 plan ($1.6M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (3 analysts), mean target USD 3.33 (range 3–3.5).
- Total return with dividends: 1Y -60.2% vs S&P 500 +14.6%; 5Y -90.0% vs S&P 500 +77.3%.
- Next earnings: 2026-11-04, EPS estimate USD -0.02, revenue estimate $25.3M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TYGO)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | — | $81.3B | $145B | $54.0B | $104B | $104B |
| Gross profit | — | $24.8M | $51.3M | -$4.2M | $44.4M | — |
| Operating income | -$416K | -$896K | -$8.3M | -$52.0M | -$4.5M | -$3.1M |
| Net income | -$403K | -$7.0M | -$984K | -$62.7M | -$1.9M | $10.0M |
| EPS (diluted) | — | -$2.71 | -$0.14 | -$1.04 | -$0.03 | — |
| Free cash flow | — | -$17.6M | -$39.3M | -$13.6M | $9.7M | -$8.1M |
| Gross margin | — | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Operating margin | — | 0.0% | 0.0% | -0.1% | 0.0% | -0.0% |
| Net margin | — | 0.0% | 0.0% | -0.1% | 0.0% | 0.0% |
| Revenue growth | — | — | +78.6% | -62.8% | +91.7% | — |
| Cash + short-term investments | $803K | $36.2M | $31.2M | $19.9M | — | — |
| Total debt | — | $20.6M | $50.0M | $50.0M | $0K | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (TYGO)
P/E 7.6x · P/E ex non-operating (est.) ≈750.9x · P/S 0.0x · P/B 1.7x · FCF yield -10.72% · Earnings yield 13.15%
Insider sales (SEC Form 4, open-market, last ~7 months) (TYGO)
0 of 5 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-15 | Manor Sagit | Director | 63,500 | $181K | 16.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-10 | Conley Joan C | Director | 50,000 | $155K | 18% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-04 | Alon Zvi | CEO / Chairperson | 72,057 | $246K | 0.5% | No | Too little history (no open-market trades in 2025) |
| 2026-06-01…2026-06-03 | Alon Zvi | CEO / Chairperson | 214,435 | $786K | 1.3% | No | Too little history (no open-market trades in 2025) |
| 2026-05-26 | Babai Tomer | Director | 63,452 | $263K | 22.8% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (TYGO)
Consensus Buy (mean 2.00 on a 1–5 scale), 3 analysts; mean target USD 3.33 (low 3, high 3.5).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-05 | HC Wainwright & Co. | Target lowered | Buy | $6 → $3.5 |
Total return (dividends reinvested) (TYGO)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -60.2% | -90.0% |
| S&P 500 (SPY) | +14.6% | +77.3% |
| Per year | -60.2% | -36.9% |
| Volatility (annualized) | 104.8% | 85.6% |
| Max drawdown | -84.1% (May 2026→Sep 2026) | -97.1% (Jul 2023→Mar 2025) |
TYGO revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| EMEA | $18.6M | 73.1% | +1.7% |
| Americas | $4.3M | 16.8% | -6.9% |
| Asia Pacific | $2.6M | 10.1% | +113.2% |
| Total revenue | $25.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
TYGO suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | Tesla (TSLA) | “The markets for our GO ESS product line and EI Platform are also competitive, and we compete primarily with SolarEdge, Enphase, and Tesla, as well as a number of other companies.” |
Quoted from the company's 10-K filed Mar 19, 2026.
TYGO customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 11.6% of revenue, per the company's 10-Q filed Aug 4, 2026. The company does not name it.
TYGO company outlook (results filed Aug 4, 2026)
- “Financial Guidance and Full Year 2026 Outlook The Company provides guidance for the third quarter ending September 30, 2026 as follows: ● Revenue is expected to be within the range of $24 million to $26 million . ● Adjusted EBITDA (loss) is expected to be within the range of $(1) million to $0.5 million .”
Analysts expect $25.3M for the current quarter, 1.3% above the midpoint of the company's guidance ($25.0M).
Quoted word-for-word from the SEC 8-K results press release.
TYGO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.02 | $0.04 | -154.5% | $25.3M | 3 |
| Next quarter (ends Dec 2026) | $-0.01 | $0.04 | -128.6% | $27.6M | 3 |
| Current fiscal year (ends Dec 2026) | $-0.03 | $0.06 | -141.7% | $103.5M | 2 |
| Next fiscal year (ends Dec 2027) | $-0.05 | $0.14 | -133.3% | $119.1M | 3 |
Key Statistics (as of October 23, 2026 at 16:39 UTC)
| Price | USD 0.99 |
|---|---|
| Change | ▲ 6.69% (up) |
| Previous Close | USD 0.93 |
| Open | USD 0.96 |
| Day Range | USD 0.91 – 1.05 |
| 52-Week Range | USD 0.79 – 5.33 |
| Volume | 479,660 shares |
| Market Cap | $75.84M |
| Exchange | NCM |
Technical Analysis (TYGO)
Nexqual's technical model rates TYGO "NEUTRAL" based on 3 bullish and 3 bearish signals across 128 daily candles, as of October 23, 2026 at 16:39 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 58.72 (neutral) |
| vs SMA50 | Above (USD 0.98) |
| MACD | -0.03 (negative) |
Analyst Ratings (TYGO)
Wall Street analysts rate TYGO "Buy" based on 3 analysts, with a mean price target of USD 3.33 (range USD 3–3.5), per Nexqual as of October 23, 2026 at 16:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 3.33 |
| High Target | USD 3.5 |
| Low Target | USD 3 |
| Buy / Hold / Sell | 3 / 0 / 0 |
Earnings (TYGO)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD -0.02 |
| Revenue Estimate | $25.33M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD -0.02 vs est -0.04 ▲ beat |
| 2025-12-31 | USD -0.04 vs est -0.04 ▼ miss |
| 2025-09-30 | USD -0.03 vs est -0.05 ▲ beat |
Source: Nexqual, October 23, 2026 at 16:39 UTC.
Financials & Fundamentals (TYGO)
| Total Revenue | $111.25M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +5.60% |
| Gross Margin | +42.43% |
| Operating Margin | -6.61% |
| Profit Margin | +8.97% |
| ROE | +43.06% |
| Debt / Equity | 0.15 |
| Current Ratio | 3.04 |
| Total Cash | $16.91M |
| Total Debt | $6.48M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$8.13M (0.0% of revenue) |
Source: Nexqual, October 23, 2026 at 16:39 UTC.
Financial Health Score (TYGO)
Nexqual rates Tigo Energy, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 16:39 UTC.
| Growth | Strong — Revenue +92% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 42%, operating -7% (last 12 months) |
| Balance Sheet | Strong — $40M cash and investments vs $97M debt (Sep 2025, SEC) |
| Cash Flow | Weak — FCF negative: -$8M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Strong — ROE 43%, ROA -2.5% |
Ownership (TYGO)
| Insider Ownership | +47.33% |
|---|---|
| Institutional Ownership | +31.12% |
| Shares Outstanding | 76.77M |
| Float | 36.46M |
| Short % of Float | +6.63% |
Source: Nexqual, October 23, 2026 at 16:39 UTC.
Leadership (TYGO)
Tigo Energy, Inc. is led by Zvi Alon, Chairman & CEO, per Nexqual as of October 23, 2026 at 16:39 UTC.
| Chairman & CEO | Zvi Alon |
|---|---|
| Chief Financial Officer | Bill Roeschlein |
| Chief Marketing & Customer Experience Officer | James Dillon |
| Chief Operating Officer | Anita Chang |
Major Backers & Investors (TYGO)
Notable institutional backers of Tigo Energy, Inc. include AWM Investment Company, Inc., Invesco, AIGH Capital Management LLC, according to Nexqual as of October 23, 2026 at 16:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AWM Investment Company, Inc. | 4.41% |
| Invesco | 3.75% |
| AIGH Capital Management LLC | 2.62% |
| Samjo Management, LLC | 1.51% |
| Renaissance Technologies | 1.43% |
| Qube Research & Technologies Ltd | 1.34% |
| Acadian Asset Management. LLC | 1.29% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 2.93% |
| BlackRock | 2.85% |
| State Street | 1.2% |
Source: Nexqual, October 23, 2026 at 16:39 UTC.
From Tigo Energy, Inc.'s Latest SEC 10-K Filing (filed 2026-03-19)
Key Strengths & Strategy (as disclosed to the SEC)
- For the years ended December 31, 2025, and 2024, we have generated approximately $9.6 million and $3.5 million, respectively, in revenue from offerings of our GO ESS product line.
- The markets for our GO ESS product line and EI Platform are also competitive, and we compete primarily with SolarEdge, Enphase, and Tesla, as well as a number of other companies.
- The CCPA establishes a privacy framework for covered businesses, including an expansive definition of personal information and data privacy rights for California residents.
- The success of our business depends, in part, on our ability to maintain and protect our proprietary technologies, information, processes and know-how.
Partnerships
- We entered into a master supply agreement with one of our principal contract manufacturers in February 2021, which automatically renews for successive one-year periods unless we deliver written notice of termination at least 30 days prior to the renewal date.
- We entered into a master supply agreement with another principal contract manufacturer in May 2016, which automatically renews for successive one-year periods unless either party delivers written notice of termination at least 90 days prior to the renewal date.
Legal & Regulatory Risks (Item 1A, quoted)
- Our inverter and energy storage offerings incorporate components sourced through global supply chains, and certain suppliers, sub-suppliers, or manufacturing relationships may be located in, or have commercial ties to, jurisdictions that could be implicated by FEOC-related rules.
- Changes in current laws or regulations applicable to us or the imposition of new laws and regulations in the U.S., Europe, or other jurisdictions in which we do business could have a material adverse effect on our business, financial condition and results of operations.
- Our significant international operations subject us to additional risks that could adversely affect our business, results of operations and financial condition.
- Our business could be adversely affected by trade tariffs or other trade barriers.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| JKS | JinkoSolar Holding Company Limi | USD 8.21 | ▲ 0.86% |
| ARRY | Array Technologies, Inc. | USD 3.16 | ▼ 4.39% |
| CSIQ | Canadian Solar Inc. | USD 9.2 | ▼ 0.22% |
| SHLS | Shoals Technologies Group, Inc. | USD 7.53 | ▼ 2.57% |
| RUN | Sunrun Inc. | USD 7.52 | ▼ 2.34% |
| SEDG | SolarEdge Technologies, Inc. | USD 33.2 | ▲ 0.79% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 16:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt