TURNONGREEN INC (TOGI)
OTCIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
OTCIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
Intact: The reason to own it still holds.
TurnOnGreen won a defense contract, boosting growth potential. Analysts expect about 24% revenue growth next year. The company is cheap versus peers with a price near $0.07. Management remains stable despite losses.
The company is still loss-making with no clear profitability path. Recent capital obligations raise financial risk. The stock is down over 20% from highs and highly volatile. Growth may not materialize as expected.
The market prices in about 24% revenue growth and values the stock near $0.07. Our view aligns with this but remains cautious given the company's losses and financial risks.
Breaks if: default or restructuring of convertible notes occurs
Breaks if: no new major contracts won within 12 months
Breaks if: management turnover or instability occurs
Breaks if: YoY revenue growth falls below 20% next year
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround scenario. The current thesis state is cautious, reflecting recent weak financial performance and high risk within the Industrials sector.
The market appears to price TOGI as justified, with a low fragility tier. It is currently seen as cheap compared to peers, but there is a notable expectations gap.
Fundamentals are likely to remain weak in the near term, as TOGI is loss-making and faces headwinds from its sector. Management is stable, but recent changes have shifted the outlook to cautious.
The thesis hinges on the performance of sector bellwethers like ETN, VRT, and BE. If these companies continue to perform well, it could benefit TOGI, but any signs of weakness or rising inflation could negatively impact its prospects.
In the next 1 to 3 years, TOGI's performance will largely depend on broader sector trends and macroeconomic conditions. Not investment advice.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The company began production of a military power supply unit. This product launch aligns with potential growth in the military sector. There are no new threats impacting the thesis.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.