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With an upside potential of 77%, Tigo Energy, Inc. (NASDAQ:TYGO) is among the 11 Most Promising Renewable Energy Stocks Right Now.

Tigo Energy, Inc. (NASDAQ:TYGO) received a higher analyst target on May 7 when Roth Capital raised its price objective to $7 from $5 while maintaining a Buy rating on the shares. The firm stated that Tigo delivered a healthy first quarter and maintained its 2026 guidance, while management continued to execute effectively in Europe and expand its domestic content collaboration with EG4. Analysts also highlighted growing momentum across the company’s energy optimization and solar software solutions business.

The same day, Northland raised its price target on Tigo Energy, Inc. (NASDAQ:TYGO) to $6.40 from $5.50 and reiterated an Outperform rating on the shares. The firm updated its valuation framework to reflect calendar year 2027 estimates, signaling increasing confidence in Tigo’s long-term growth prospects as demand for intelligent solar infrastructure and energy management systems continues to expand globally.

Tigo Energy, Inc. (NASDAQ:TYGO) is a provider of intelligent solar and energy software solutions focused on improving solar system safety, increasing energy production efficiency, and lowering operating costs for residential, commercial, and utility-scale solar installations. Founded in 2007 in Silicon Valley and headquartered in Los Gatos, the company develops module-level power electronics, energy monitoring software, and integrated energy management technologies designed to optimize renewable energy systems.

While we acknowledge the potential of TYGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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