Short Interest in Tigo Energy, Inc. (NASDAQ:TYGO) Decreases By 32.8%

Tigo Energy, Inc. (NASDAQ:TYGO) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 85,900 shares, a decline of 32.8% from the September 15th total of 127,800 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TYGO shares. Roth Capital raised shares of Tigo Energy from a “neutral” rating to a “buy” rating and set a $3.00 target price for the company in a research report on Thursday, July 31st. HC Wainwright boosted their target price on shares of Tigo Energy from $3.00 to $6.00 and gave the company a “buy” rating in a research report on Wednesday, July 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of Tigo Energy in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Tigo Energy to a “hold” rating in a research report on Saturday, September 13th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $4.50.

Tigo Energy Stock Performance

Shares of Tigo Energy stock opened at $2.48 on Thursday. Tigo Energy has a 52-week low of $0.58 and a 52-week high of $2.95. The firm has a 50-day moving average of $1.93 and a 200-day moving average of $1.38. The stock has a market cap of $163.04 million, a PE ratio of -2.95 and a beta of 1.18.

Tigo Energy (NASDAQ:TYGO) last posted its quarterly earnings data on Tuesday, July 29th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.02. Tigo Energy had a negative net margin of 69.01% and a negative return on equity of 434.06%. The business had revenue of $24.06 million during the quarter, compared to analysts’ expectations of $21.48 million. Tigo Energy has set its Q3 2025 guidance at EPS. Equities research analysts predict that Tigo Energy will post -0.43 earnings per share for the current fiscal year.

About Tigo Energy

Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.