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TYGO
Upturn stock ratingUpturn stock rating

Tigo Energy Inc. (TYGO)

Upturn stock ratingUpturn stock rating
$1.27
Last Close (24-hour delay)
Profit since last BUY35.11%
upturn advisory
Consider higher Upturn Star rating
BUY since 33 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

06/30/2025: TYGO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $2.98

1 Year Target Price $2.98

Analysts Price Target For last 52 week
$2.98Target price
Low$0.58
Current$1.27
high$1.85

Analysis of Past Performance

Type Stock
Historic Profit 6.78%
Avg. Invested days 33
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 70.70M USD
Price to earnings Ratio -
1Y Target Price 2.98
Price to earnings Ratio -
1Y Target Price 2.98
Volume (30-day avg) 4
Beta 0.86
52 Weeks Range 0.58 - 1.85
Updated Date 06/30/2025
52 Weeks Range 0.58 - 1.85
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.96

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -92.37%
Operating Margin (TTM) -21.11%

Management Effectiveness

Return on Assets (TTM) -32.6%
Return on Equity (TTM) -200.49%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 94447600
Price to Sales(TTM) 1.12
Enterprise Value 94447600
Price to Sales(TTM) 1.12
Enterprise Value to Revenue 1.5
Enterprise Value to EBITDA 7.65
Shares Outstanding 62016300
Shares Floating 25801888
Shares Outstanding 62016300
Shares Floating 25801888
Percent Insiders 51.81
Percent Institutions 14.91

Analyst Ratings

Rating 2
Target Price 2.98
Buy 1
Strong Buy 2
Buy 1
Strong Buy 2
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Tigo Energy Inc.

stock logo

Company Overview

overview logo History and Background

Tigo Energy, founded in 2007, pioneered smart module technology for the solar industry. It initially focused on module-level optimization and later expanded into monitoring, control, and safety solutions. The company's evolution reflects the growing demand for enhanced performance and safety in solar energy systems.

business area logo Core Business Areas

  • Module Level Power Electronics (MLPE): Tigo's core business revolves around MLPE, including optimizers and rapid shutdown devices, enhancing PV system performance and safety. These products allow module-level monitoring, optimization, and rapid shutdown functionality. Rapid shutdown is a safety feature that meets NEC requirements.
  • Monitoring and Control: Provides software and hardware solutions for comprehensive PV system monitoring and control, enabling remote management, performance analysis, and troubleshooting.
  • Energy Storage Solutions: Offers energy storage solutions designed to integrate with PV systems for increased energy independence and grid resilience. Although they are primarily known for their MLPE devices, they also offer energy storage systems that are compatible with their optimizers.

leadership logo Leadership and Structure

The leadership team consists of key executives focused on technology, sales, and operations. The organizational structure is designed to support innovation, customer service, and market expansion. Currently, Zvi Alon is the CEO.

Top Products and Market Share

overview logo Key Offerings

  • TS4 Platform (MLPE): Tigo's TS4 platform is a flexible MLPE solution offering optimization, monitoring, and rapid shutdown capabilities for solar modules. It is widely adopted in residential, commercial, and utility-scale PV systems. Competitors include Enphase Energy and SolarEdge. Market Share is estimated at 25% of the MLPE market.
  • Cloud Connect Advanced (CCA): CCA is a data logger and communication hub that enables comprehensive monitoring and control of PV systems. The CCA interfaces with the Tigo cloud platform, providing real-time performance data and remote management capabilities. Competitors include SMA and Fronius.
  • Tigo EI (Energy Intelligence) Residential: The Tigo EI Residential Solution offers a modular energy storage solution that integrates seamlessly with the TS4 MLPE platform. Competitors include Tesla and LG Energy Solution.

Market Dynamics

industry overview logo Industry Overview

The solar energy industry is experiencing rapid growth, driven by increasing demand for renewable energy, government incentives, and declining solar technology costs. The MLPE market, in particular, is expanding due to the increasing adoption of module-level optimization and safety regulations.

Positioning

Tigo Energy is positioned as a provider of flexible and cost-effective MLPE solutions. Its competitive advantages include its open architecture, compatibility with various inverter brands, and focus on ease of installation and use.

Total Addressable Market (TAM)

The global MLPE market is projected to reach $6.9 billion by 2028. Tigo is positioned to capture a significant portion of this TAM, leveraging its technology and established partnerships.

Upturn SWOT Analysis

Strengths

  • Flexible and cost-effective MLPE solutions
  • Open architecture and inverter compatibility
  • Strong focus on safety and reliability
  • Global presence and established partnerships

Weaknesses

  • Smaller market share compared to competitors like Enphase and SolarEdge
  • Dependence on the overall solar market growth
  • Relatively limited brand recognition compared to leading competitors

Opportunities

  • Increasing adoption of MLPE due to safety regulations
  • Expansion into new markets and applications
  • Development of advanced monitoring and control solutions
  • Integration with energy storage systems

Threats

  • Intense competition from established MLPE providers
  • Declining solar technology costs, potentially impacting pricing
  • Changes in government incentives and regulations
  • Supply chain disruptions and component shortages

Competitors and Market Share

competitor logo Key Competitors

  • ENPH
  • SEDG
  • FTCI

Competitive Landscape

Tigo Energy offers a flexible and cost-effective solution compared to Enphase and SolarEdge. However, Enphase and SolarEdge have a larger market share and stronger brand recognition. Tigo focuses on open architecture and compatibility, while Enphase and SolarEdge offer more integrated solutions.

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends unavailable publically as of this update. Need up-to-date financials from a paid financial analysis tool

Future Projections: Future growth projections unavailable publically as of this update. Need up-to-date financials from a paid financial analysis tool

Recent Initiatives: Recent initiatives include expanding product offerings, entering new markets, and strengthening partnerships with inverter manufacturers and installers.

Summary

Tigo Energy is a key player in the MLPE market, offering cost-effective and flexible solutions. While it faces strong competition from established players like Enphase and SolarEdge, its open architecture and focus on compatibility provide a competitive edge. Future growth depends on expanding its market share and capitalizing on the increasing adoption of MLPE. Its market position allows it to participate in a rapidly growing total addressable market. Tigo's recent strategic initiatives, which include expanding product offerings and entering new markets, can help increase revenue as well as attract more customers.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Industry reports
  • Company websites
  • Analyst estimates
  • Market research reports

Disclaimers:

The data provided is based on available information and estimates, and may not be entirely accurate. Market share figures are approximations. Financial figures are difficult to evaluate because the company is private.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Tigo Energy Inc.

Exchange NASDAQ
Headquaters Los Gatos, CA, United States
IPO Launch date 2021-09-03
Chairman & CEO Mr. Zvi Alon
Sector Technology
Industry Solar
Full time employees 140
Full time employees 140

Tigo Energy, Inc., together with its subsidiaries, provides solar and energy storage solutions worldwide. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules for utility, commercial, and residential solar arrays. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities, and energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities, as well as Predict+, an energy consumption and demand forecasting software. In addition, it offers GO Battery modular, scalable energy storage system; GO Inverter, which offers energy conversion for home consumption or export to the grid; GO Link/Automatic Transfer Switch (ATS), a component for battery backup of on-grid systems; and GO Electric Vehicle (EV) Charger to reduce transportation costs. Further, it provides monitoring services. The company offers its products through distributors and solar installers. Tigo Energy, Inc. was founded in 2007 and is headquartered in Los Gatos, California.