Tigo Energy, Inc. (TYGO) Powers Ahead with Strong Growth and Analyst Support

Tigo Energy, Inc. (NASDAQ:TYGO) is one of the best solar energy stocks to buy right now. On November 4, analyst Eric Stine of Craig-Hallum reiterated his Buy rating on Tigo Energy. Just days earlier, on October 30, Roth MKM’s Philip Shen also issued a Buy recommendation, adding to the positive sentiment surrounding the stock.

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These updates come after Tigo Energy, Inc. (NASDAQ:TYGO) delivered solid third-quarter 2025 results on October 28, with revenue rising 115% year over year to $30.6 million. Income from operations jumped to $0.6 million compared to an operating loss of $10.4 million delivered in the same quarter last year.

Likewise, Tygo Energy bounced back to profitability, reporting an adjusted EBITDA of $2.9 million, compared with a loss of $8.3 million. The better-than-expected results came as the company saw strong growth in the EMEA and Americas regions, accounting for 70% and 26% of total revenues, respectively.

“Notably, we performed exceptionally well in the U.S., with sales growing approximately 68% sequentially in the second quarter of 2025 as we continue to make inroads in the repower market. We expect our manufacturing and marketing partnership with EG4 Electronics to further increase our performance in our domestic market,” said Zvi Alon, Chairman and CEO.

For the fourth quarter, Management expects revenue to be in line with the third quarter, even though it is usually a seasonally slower period in the industry. The company is also poised to benefit from strong product demand and a healthy backlog heading into year-end.

Tigo Energy, Inc. (NASDAQ:TYGO) develops and provides innovative hardware and software solutions for solar energy systems, including optimizers, inverters, and batteries. Its technology, known as Flex MLPE (Module-Level Power Electronics), aims to enhance safety, increase energy yield, and lower operating costs for residential, commercial, and utility-scale solar systems.

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Disclosure: None. This article is originally published at Insider Monkey.