Tigo Energy shares plunge 37% after revenue guidance cut, lawsuit alleges

  • Securities firms announced litigation over Tigo Energy’s revenue projections and disclosures.
  • $25.4 million in Q2 revenue missed $30–$32 million guidance; shares fell 37%.
  • Investors seeking lead-plaintiff status must move the court by November 23, 2026.

A securities class action targets Tigo Energy investors who purchased shares from February 24 through August 4, 2026, while Rosen Law Firm and Robbins LLP have also publicized the litigation. Schall, Brown & Schwartz said the complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, claiming Tigo based revenue projections on its EG4 partnership even though the arrangement would not generate revenue until the fourth quarter of 2026 at the earliest. Tigo reported second-quarter revenue of $25.4 million, below its $30 million to $32 million guidance, and cut full-year guidance from $130 million-$135 million to $100 million-$110 million. Its shares fell from $2.04 on August 4 to $1.29 on August 5, a decline of approximately 37%. Investors seeking lead-plaintiff status must move the court by November 23, 2026. The class has not been certified, and investors are not represented by counsel unless they retain one; appointment as lead plaintiff is not required to participate in any recovery.

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