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Tigo Energy Inc has a consensus price target of $9.25 based on the ratings of 4 analysts. The high is $28 issued by Craig-Hallum on June 20, 2023. The low is $1.5 issued by Roth MKM on May 16, 2024. The 3 most-recent analyst ratings were released by Northland Capital Markets, HC Wainwright & Co., and Roth MKM on August 7, 2024, August 7, 2024, and May 16, 2024, respectively. With an average price target of $3 between Northland Capital Markets, HC Wainwright & Co., and Roth MKM, there's an implied 158.62% upside for Tigo Energy Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Tigo Energy (NASDAQ:TYGO) was reported by Northland Capital Markets on August 7, 2024. The analyst firm set a price target for $4.50 expecting TYGO to rise to within 12 months (a possible 287.93% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Tigo Energy (NASDAQ:TYGO) was provided by Northland Capital Markets, and Tigo Energy maintained their outperform rating.
There is no last upgrade for Tigo Energy
The last downgrade for Tigo Energy Inc happened on November 9, 2023 when Roth MKM changed their price target from $11 to $2.5 for Tigo Energy Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tigo Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Tigo Energy was filed on August 7, 2024 so you should expect the next rating to be made available sometime around August 7, 2025.
While ratings are subjective and will change, the latest Tigo Energy (TYGO) rating was a maintained with a price target of $4.80 to $4.50. The current price Tigo Energy (TYGO) is trading at is $1.16, which is out of the analyst’s predicted range.
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