Analyst Price Target is $3.00
▲ +219.66% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Tigo Energy in the last 3 months. The average price target is $3.00, with a high forecast of $4.50 and a low forecast of $1.50. The average price target represents a 219.66% upside from the last price of $0.94.
Current Consensus is
Moderate Buy
The current consensus among 3 polled investment analysts is to moderate buy stock in Tigo Energy. This rating has held steady since October 2023, when it changed from a Buy consensus rating.
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. In addition, it offers GO Battery that provides energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; 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. The company serves residential, commercial, and utility sectors through distributors and solar installers in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific regions. Tigo Energy, Inc. was founded in 2007 and is headquartered in Campbell, California.
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