TYGO vs. CAN, CRNT, CSLR, VUZI, ATOM, MRAM, MX, INSG, ONDS, and ICG
Should you be buying Tigo Energy stock or one of its competitors? The main competitors of Tigo Energy include Canaan (CAN), Ceragon Networks (CRNT), Complete Solaria (CSLR), Vuzix (VUZI), Atomera (ATOM), Everspin Technologies (MRAM), Magnachip Semiconductor (MX), Inseego (INSG), Ondas (ONDS), and Intchains Group (ICG). These companies are all part of the "electronic equipment" industry.
Tigo Energy vs.
Tigo Energy (NASDAQ:TYGO) and Canaan (NASDAQ:CAN) are both small-cap energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, dividends, risk, institutional ownership, analyst recommendations, media sentiment, community ranking, earnings and profitability.
Tigo Energy has higher earnings, but lower revenue than Canaan. Canaan is trading at a lower price-to-earnings ratio than Tigo Energy, indicating that it is currently the more affordable of the two stocks.
In the previous week, Canaan had 12 more articles in the media than Tigo Energy. MarketBeat recorded 13 mentions for Canaan and 1 mentions for Tigo Energy. Tigo Energy's average media sentiment score of 1.00 beat Canaan's score of 0.04 indicating that Tigo Energy is being referred to more favorably in the media.
Tigo Energy has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500. Comparatively, Canaan has a beta of 3.48, meaning that its share price is 248% more volatile than the S&P 500.
Tigo Energy has a net margin of -116.17% compared to Canaan's net margin of -128.85%. Canaan's return on equity of -60.37% beat Tigo Energy's return on equity.
15.7% of Tigo Energy shares are owned by institutional investors. Comparatively, 70.1% of Canaan shares are owned by institutional investors. 29.6% of Tigo Energy shares are owned by company insiders. Comparatively, 0.3% of Canaan shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Canaan received 16 more outperform votes than Tigo Energy when rated by MarketBeat users. Likewise, 76.47% of users gave Canaan an outperform vote while only 55.56% of users gave Tigo Energy an outperform vote.
Tigo Energy currently has a consensus target price of $3.00, indicating a potential upside of 270.37%. Canaan has a consensus target price of $3.88, indicating a potential upside of 384.38%. Given Canaan's stronger consensus rating and higher probable upside, analysts clearly believe Canaan is more favorable than Tigo Energy.
Summary
Canaan beats Tigo Energy on 13 of the 18 factors compared between the two stocks.
Get Tigo Energy News Delivered to You Automatically
Sign up to receive the latest news and ratings for TYGO and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Tigo Energy Competitors List
Related Companies and Tools
This page (NASDAQ:TYGO) was last updated on 4/24/2025 by MarketBeat.com Staff
