Key Takeaways Enphase Energy's Q3 sales and earnings are expected to decline 26% and 47.8%, respectively, year over year.ENPH's IQ9 microinverter launches, improving U.S. demand and European momentum may support Q3 performance.ENPH faces tariff-driven margin pressure and demand risks from high rates and cautious distributors. Enphase Energy, Inc. (ENPH - Free Report) is scheduled to report third-quarter 2026 results on Oct. 27, 2026, after market close.
Enphase Energy reported earnings in line with estimates in the last reported quarter.
Factors to Note Ahead of ENPH’s Q3 ResultsDuring the third quarter, Enphase Energy is expected to have benefited from improving demand in the United States and continued momentum in Europe. Higher global sell-through and battery shipments are likely to have supported its performance.
In June 2026, Enphase Energy launched its IQ9 residential microinverters across the United States and key European markets, followed by Australia and New Zealand in July. The company also began shipping the IQ9S-3P commercial microinverter. These launches are expected to strengthen its solar portfolio and drive customer adoption and product shipments.
Growing demand for battery storage and expansion in the commercial solar market is likely to have supported ENPH's overall performance in the to-be-reported quarter.
ENPH's investments in product innovation, battery technology and financing initiatives, along with efforts to improve affordability, are anticipated to have supported its performance.
Meanwhile, reciprocal tariffs remain a key headwind, weighing on gross margins and profitability. Cautious distributors, elevated interest rates and macroeconomic uncertainty could also constrain demand.
Q3 Expectations for ENPHThe Zacks Consensus Estimate for ENPH’s sales stands at $303.7 million, which suggests a decline of 26% from the year-ago reported number.
The consensus estimate for earnings per share is pinned at 47 cents, which indicates a year-over-year fall of 47.8%.
The Zacks Consensus Estimate for total megawatts (MWs) shipped is pegged at 694.12 MW, down 11.5% from the figure registered in the year-ago quarter.
What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for Enphase Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.
Earnings ESP: Enphase Energy’s Earnings ESP is +6.38%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: Enphase Energy currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to ConsiderHere are three companies from the same sector that have the right combination of elements to post an earnings beat this reporting cycle.
SolarEdge Technologies (SEDG - Free Report) is set to report third-quarter 2026 earnings on Nov. 4, 2026. It has an Earnings ESP of +198.04% and a Zacks Rank of 3.
The Zacks Consensus Estimate for SEDG’s earnings is pegged at two cents per share. The consensus estimate for its sales is pegged at $329.1 million, indicating a year-over-year decline of 3.3%.
ONEOK (OKE - Free Report) is set to report third-quarter 2026 earnings on Oct. 27, 2026. It has an Earnings ESP of +1.74% and a Zacks Rank of 3.
The Zacks Consensus Estimate for OKE’s earnings is pegged at $1.46 per share. The consensus estimate for its sales is pegged at $11.77 billion, indicating year-over-year growth of 36.3%.
Array Technologies (ARRY - Free Report) is set to report third-quarter 2026 earnings on Nov. 5, 2026. It has an Earnings ESP of +15.06% and a Zacks Rank of 3.
The Zacks Consensus Estimate for ARRY’s earnings is pegged at 10 cents per share. The consensus estimate for its sales is pegged at $322.2 million, indicating a year-over-year decline of 18.1%.
FREMONT, Calif., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today confirmed that its IQ® EV Charger 2 supports the ISO 15118-20 communication standard required under the European Union's Alternative Fuels Infrastructure Regulation (AFIR). The requirement takes effect on Jan. 1, 2027.
Under AFIR, newly installed or renovated public and private EV chargers in the EU must support ISO 15118-20, the protocol that governs secure communication between vehicle and charger and enables features such as automatic authentication, so charging starts as soon as the car is plugged in, and bidirectional charging, where supported by the vehicle and the charging setup. IQ EV Charger 2 has supported the standard since launch, so distributors and installers can keep offering it as is, with no part number changes or inventory adjustments. Chargers already installed at customer sites require no action to support the AFIR standard.
“We want to recommend a charging solution our customers can rely on for years,” said Fedde Tjalsma, solar service manager at Mensonides Installatie, an installer of Enphase products in the Netherlands. “With ISO 15118 support, Enphase is preparing its chargers for vehicle-to-grid capabilities down the road. That forward-looking approach is a big plus for us as an installer.”
“What especially appeals to me as an installer about the Enphase IQ EV Charger 2 is that they clearly looked beyond just charging an electric car,” said Kick Vermeulen, owner of Kick Power, an installer of Enphase products in the Netherlands. “With its focus on new technologies and communication standards such as ISO 15118, Enphase shows that it develops solutions not only for today, but also for the energy world of tomorrow. That makes the IQ EV Charger 2 a future-proof choice for me.”
"Regulations will keep evolving, and our customers shouldn't have to chase them," said Jayant Somani, senior vice president of the digital business unit at Enphase Energy. "IQ EV Charger 2 was ready for ISO 15118-20 from day one. Installers can choose it with confidence, and we're inviting automakers to test with us so drivers can get the most out of their home energy."
Enphase plans to continue releasing over-the-air firmware updates to add new features and expand vehicle compatibility, so installers and homeowners can get more from the same hardware they put in on day one.
Distributors and installers can contact their Enphase sales representative to learn more about IQ EV Charger 2 compatibility with AFIR. For more information about the IQ EV Charger 2, please visit the regional websites (Netherlands, France, Germany, Norway). To access Enphase Energy’s self-declaration of compliance with AFIR, visit the Documentation section of the relevant product pages and open the document titled “ISO 15118-2 / ISO 15118-20 Protocol Support and Testing.”
About Enphase Energy, Inc.
Enphase Energy is a global energy technology company advancing intelligent power systems for homes, businesses, and next-generation AI data centers. The company designs semiconductor-based energy technologies spanning solar, batteries, EV charging, energy management, and virtual power plants, and is developing solid-state transformer technology to address the rapidly growing power demands of AI data centers. Based in Fremont, California, Enphase is the world’s leading supplier of microinverter-based solar and battery systems. The company revolutionized the solar industry with its microinverter technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in more than 165 countries. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy's IQ EV Charger 2, including safety, quality, reliability, and interoperability; the ability of IQ EV Charger 2 to support the ISO 15118-20 communication standard and comply with the requirements of the AFIR; Enphase Energy's plans to support additional vehicle interoperability and functionality through testing programs and over-the-air firmware updates; and the expected benefits of future software enhancements and expanded vehicle compatibility. These forward-looking statements are based on Enphase Energy's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand for EV charging solutions and related products; competitive developments; changes in electric vehicle adoption rates; changes in regulatory, certification, interoperability, or compliance requirements, including AFIR requirements; compatibility with third-party vehicles, energy systems, software platforms, and charging standards; product performance and reliability under actual operating conditions; supply chain availability and costs; and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
The market expects Enphase Energy (ENPH - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 27, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis solar technology company is expected to post quarterly earnings of $0.47 per share in its upcoming report, which represents a year-over-year change of -47.8%.
Revenues are expected to be $303.72 million, down 26% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 10.59% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Enphase Energy?For Enphase Energy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +10.27%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Enphase Energy will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Enphase Energy would post earnings of $0.46 per share when it actually produced earnings of $0.46, delivering no surprise.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Enphase Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Enphase Energy, Inc. (NASDAQ:ENPH) stock fell more than 9% Wednesday after analysts lowered their price forecasts for the energy technology company. A broader market selloff added to the pressure.
Analysts Cut Price ForecastsMorgan Stanley analyst Andrew Percoco maintained an Underweight rating on the stock and lowered his price forecast to $24 from $27 on Wednesday.
Similarly, Susquehanna reduced its price forecast to $35 from $37 while maintaining a Neutral rating.
Earlier, on Oct. 6, Barclays lowered its price forecast to $44 while maintaining an Equal-Weight rating.
Overall, Enphase carries a Hold consensus rating, with an average price forecast of $41.40.
Enphase Energy Faces Earnings TestEnphase Energy is scheduled to report quarterly earnings Oct. 27.
Analysts expect earnings of 51 cents per share, down from 90 cents a year earlier. Revenue is expected to decline to $304.52 million from $410.43 million.
The company makes microinverters, battery storage systems and other solar energy products. Its business remains sensitive to U.S. residential solar demand and financing conditions.
Technical AnalysisEnphase Energy remains under pressure, with shares trading below their major moving averages.
The stock is about 12% below its 20-day simple moving average of $32.96 and nearly 20% below its 50-day average of $36.10.
Its relative strength index (RSI) stands at 28.39, indicating oversold conditions. While this could support a short-term recovery, it does not necessarily signal a lasting reversal.
Traders are watching support near $29, followed by the 52-week low of $25.77. Resistance stands near $34.
ETFs With Enphase Energy ExposureEnphase Energy is held by several clean energy ETFs, including the Corgi Battery Energy Storage Systems ETF (NASDAQ:WATS), with a 5.99% weighting; the iShares Global Clean Energy ETF (NASDAQ:ICLN), with 4.40%; and the Invesco Solar ETF (NYSE:TAN), with 6.59%.
ENPH Price ActionEnphase Energy shares were down 9.34% at $29.04 at the time of publication Wednesday, according to Benzinga Pro data.
FREMONT, Calif., Oct. 14, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today highlighted commercial and industrial (C&I) repowering projects across the United States that use Enphase® IQ9™ Commercial Microinverters. Installers are replacing aging and failed string and central inverters with Enphase microinverters to restore energy production on existing commercial arrays, without the need for new modules or racking. Repowering builds on Enphase's long-standing focus on quality and reliability.
Many commercial solar systems installed over the past decade are underperforming because their inverters have aged out or failed. Repowering with Enphase microinverters lets asset owners keep the hardware they already own and gain module-level monitoring. Enphase's distributed architecture keeps a single module fault from taking the whole system down: issues stay isolated to individual modules while the rest of the array keeps producing. This distributed architecture also improves installation safety and provides inverter-level monitoring, all backed by an industry-leading 25-year warranty.
The IQ9N-3P™ and IQ9S-3P™ Commercial Microinverters support 480 V three-phase infrastructure, and the IQ8P-3P™ Commercial Microinverter serves 208 V sites. The IQ® Gateway Commercial Pro provides revenue-grade monitoring and remote control for up to 300 microinverters per site. Domestic content versions are available and “FEOC compliant.” Owners can also soon add storage with the IQ® Battery C80 (pre-orders available now).
At Furman University in Greenville, South Carolina, Detail Solar completed the first phase of a planned repowering of the campus’s 988 kW array, upgrading 30 kW where the legacy string inverter architecture was underperforming. Read a case study about the project here.
"This project showed us how impactful repowering strategies can be when original legacy string inverter architecture is underperforming," said Paul Zimmer, founder and owner of Detail Solar. "With Enphase IQ9 Commercial Microinverters supporting 480 V infrastructure, we modernized the system, minimized future downtime, and restored energy production with confidence."
In Bethel, Pennsylvania, Endless Energy is repowering the 240 kW AC solar system at Peirce Welding and Assembly with 561 IQ9N-3P Commercial Microinverters.
"The inverters at Peirce had reached the end of their life, but most of the panels still had plenty to give," said Jim Laskowski, director of operations at Endless Energy. "Putting two modules on each Enphase microinverter kept the cost down. Once the system is back online, module-level data will show us exactly which panels need replacing and which ones we can leave alone."
Both projects use a 2-to-1 configuration, which pairs two existing modules with each Enphase microinverter. This approach works well for older modules that have degraded slightly. Doubling up the panels makes full use of each microinverter's capacity, reduces the number of units needed, and gives the system new life. Enphase commercial microinverters have no enforced DC:AC ratio, so installers can match aging modules to new electronics within input voltage and current limits.
"A lot of commercial solar is producing less than it should because the inverters gave out, not the panels," said Ken Fong, senior vice president of sales at Enphase Energy. "Repowering with Enphase keeps those modules and racking working, makes the site safer, and puts a 25-year warranty on the new electronics. When other inverters are not getting the job done, Enphase is the partner installers and asset owners can trust to get those systems producing again, and keep them producing for decades."
Project developers should consult their own legal and tax advisors to confirm eligibility for available tax credits. In addition, certain Enphase microinverters and battery systems may be deemed “FEOC compliant” for purposes of 26 U.S.C. Section 7701(a)(51) using IRS Notice 2025-08 for rooftop solar and distributed BESS. To learn more about Enphase “FEOC-compliant” products, please visit the Enphase website.
To learn more about repowering commercial solar systems with Enphase, read this blog. For more information on Enphase commercial solutions, please visit the website.
About Enphase Energy, Inc.
Enphase Energy is a global energy technology company advancing intelligent power systems for homes, businesses, and next-generation AI data centers. The company designs semiconductor-based energy technologies spanning solar, batteries, EV charging, energy management, and virtual power plants, and is developing solid-state transformer technology to address the rapidly growing power demands of AI data centers. Based in Fremont, California, Enphase is the world’s leading supplier of microinverter-based solar and battery systems. The company revolutionized the solar industry with its microinverter technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in more than 165 countries. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements about the expected benefits, capabilities and performance of Enphase Energy's technology and products, including safety, quality, and reliability; the expected benefits of Enphase’s IQ9 Commercial Microinverters and related commercial solar solutions; the suitability of Enphase commercial microinverters for commercial and industrial repowering projects; the anticipated availability and benefits of integrating commercial energy storage solutions, including the IQ Battery C80; and the qualification of certain Enphase products for domestic content requirements, FEOC compliance, and related tax incentives. These forward-looking statements are based on Enphase Energy's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand for commercial solar, repowering, and energy storage solutions; competitive developments; changes in tax credits, incentive programs, domestic content requirements, FEOC-related requirements, or other regulatory or compliance requirements; product performance and reliability under actual operating conditions; installer and customer adoption rates; supply chain availability and costs; and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release, except as required by law.
Solar stocks have been in a multi-year downtrend, and U.S. policy decisions have deepened it. The Trump administration's tax overhaul ended the 30% homeowner tax credit (Section 25D) at the end of 2025, years ahead of schedule.
That created a pull-forward effect, as seen in the earnings reports of companies like Enphase Energy NASDAQ: ENPH and SolarEdge Technologies NASDAQ: SEDG. Homeowners rushed to install systems before the credit vanished. Predictably, demand has dropped sharply in 2026.
But the two stocks tell different stories. Enphase is working through a textbook policy hangover. SolarEdge is unwinding a speculative rally that got ahead of its fundamentals. New polysilicon tariffs and stubborn interest rates add pressure to both.
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The broader solar narrative doesn't help them much. Power demand from AI data centers is a genuine tailwind. But it mostly flows to utility-scale developers and domestic panel makers. Enphase and SolarEdge sell mostly to residential consumers. Their end customers are homeowners who respond to tax credits and loan rates.
For investors, the distinction matters. One stock is priced for a slow recovery. The other was priced for a recovery that hasn't arrived.
Enphase: A Textbook Pull-ForwardEnphase Energy Today
$32.03 +0.54 (+1.71%)
As of 10/13/2026 04:00 PM Eastern
$25.77▼
$73.7432.03
$43.84
Enphase's numbers clearly show the impact of the 25D cycle. In the fourth quarter of 2025, sell-through jumped 21% from the prior quarter as homeowners raced against the deadline.
The hangover came fast. First-quarter 2026 revenue fell 20.6% year over year to $282.9 million. Sell-through dropped 48% sequentially. The company cut about 6% of its workforce, roughly 160 jobs, citing the credit's expiration.
Management called Q1 the bottom, but that call has only partly held. Q2 revenue edged up to $291.9 million but was still down about 20% from a year earlier. TD Cowen noted that spring permit data showed no typical seasonal pickup. The firm projects a roughly 19% sales decline for 2026.
There's another wrinkle. Enphase's Q3 guidance of $290 million to $320 million includes about $75 million in safe harbor revenue. Those sales help customers lock in eligibility for remaining credits. In other words, part of the current quarter is its own form of pull-forward.
The good news: Enphase still makes money. Non-GAAP gross margin reached 46.8% in Q2, helped by tariff refunds. Its microinverters are built in Texas and South Carolina, which qualify for domestic manufacturing credits.
Analysts aren’t especially bullish on ENPH: it has an overall Hold rating, with three Sell ratings among the 23 analysts tracked by MarketBeat, and a consensus price target of $43.84.
SolarEdge: The Rally That Got Ahead of ItselfSolarEdge Technologies Today
SEDG
SolarEdge Technologies
$32.53 +1.05 (+3.34%)
As of 10/13/2026 04:00 PM Eastern
$28.21▼
$81.25$39.13
SolarEdge is harder to explain with the tax credit alone. Management said its second quarter saw no significant pull-forward from the 25D deadline or safe harbor activity.
The real story is a round trip. In late June, shares surged on reports that Washington could ban foreign-made inverters. As a non-Chinese supplier, SolarEdge looked like a winner. The stock closed at a 52-week high of $81.25. GLJ Research countered that the pop was "mostly air."
Then came the Q2 earnings report. On paper, the quarter was strong. Revenue rose 20% to $346.2 million. SolarEdge posted its first non-GAAP operating profit since mid-2023.
But third-quarter guidance of $310 million to $340 million fell well short of the roughly $371 million analysts expected. The midpoint implied a sequential decline. Shares fell roughly 25% in a single session.
The beat also looks thinner up close. The 28.6% non-GAAP gross margin included a $13.3 million tariff refund. On a GAAP basis, SolarEdge still lost 50 cents per share.
Deutsche Bank added pressure this month. Analyst Corinne Blanchard issued a short-term "Catalyst Call: Sell" while keeping a Hold rating and $34 target. She cited elevated interest rates weighing on U.S. demand. Her revenue estimates sit about 2% below consensus for Q4 and 5% below for 2027.
Here's the context most headlines miss. Even near $30 after the August sell-off, SolarEdge is still up about 7% for the year. The steep decline is measured from a policy-fueled spike, not from where 2026 began.
Tariffs and Rates: Pressure on the Whole ChainBoth companies face a new cost layer. On Dec. 4, a 15% duty and import price floors take effect on polysilicon, cells, and modules. The 38-cent-per-watt module floor sits about 40% above recent U.S. import prices.
Neither company makes panels, so the hit is indirect. But pricier panels raise the cost of every rooftop system. Without the 30% credit to cushion it, financing matters more. High rates make monthly payments harder to justify.
Same Sector, Different StoriesThe market trades Enphase and SolarEdge as one story. They aren't. Enphase is a profitable company in a cyclical trough, with near-term guidance padded by safe harbor sales. SolarEdge is a turnaround with improving margins, but its stock priced in too much optimism too early.
For Enphase, the question is when organic U.S. residential demand returns. For SolarEdge, it's whether Europe and U.S. commercial growth can offset a soft home market. Until third-quarter reports arrive, both stocks will likely trade on sentiment more than results.
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In the latest trading session, Enphase Energy (ENPH - Free Report) closed at $32.03, marking a +1.71% move from the previous day. This change outpaced the S&P 500's 0.02% loss on the day. Meanwhile, the Dow lost 0.35%, and the Nasdaq, a tech-heavy index, lost 0.15%.
Coming into today, shares of the solar technology company had lost 14.1% in the past month. In that same time, the Oils-Energy sector gained 3.04%, while the S&P 500 gained 2.05%.
The investment community will be closely monitoring the performance of Enphase Energy in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company is forecasted to report an EPS of $0.47, showcasing a 47.78% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $303.52 million, down 26.05% from the year-ago period.
ENPH's full-year Zacks Consensus Estimates are calling for earnings of $1.92 per share and revenue of $1.18 billion. These results would represent year-over-year changes of -35.14% and -19.57%, respectively.
It is also important to note the recent changes to analyst estimates for Enphase Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.34% downward. Enphase Energy presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Enphase Energy is currently trading at a Forward P/E ratio of 16.43. For comparison, its industry has an average Forward P/E of 13.3, which means Enphase Energy is trading at a premium to the group.
The Solar industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 214, positioning it in the bottom 14% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
A Truist upgrade and a December trade decision are pulling First Solar in one direction while the rest of the solar sector barely budges, and the reason why splits the group into a set of clear winners and losers.
Tariff policy is splitting the solar group into winners and losers. First Solar (NASDAQ:FSLR | FSLR Price Prediction) stock is up 4% to $186.21 this afternoon. The gain follows a Truist Securities upgrade and a Section 232 trade decision that sets a floor under imported panel pricing.
First Solar stock is still down 29% year to date despite the rally, so the move starts from a low base. Sector-wide strength looks far narrower than that headline gain. Over in the solar fund space, the Invesco Solar ETF (NYSEARCA:TAN) is up 1%, indicating a much smaller advance than the one in First Solar stock.
The broad-market tone is softer, as the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down by only 0.2%. Meanwhile, Enphase Energy (NASDAQ:ENPH) stock is at $31.42, down just 0.2% but also trailing First Solar stock today. At the same time, Sunrun (NASDAQ:RUN) stock trades at $7.61, up 0.3%, marking just a fraction of FSLR stock’s gain.
Truist Upgrade and Section 232 Floor Lift First Solar Truist Securities analyst Christopher Souther upgraded First Solar stock to Buy from Hold in the prior session and raised his price target to $270, citing “a stronger backdrop for pricing into the 2030s and a recent valuation reset.” Souther also lifted his estimate for U.S. module average selling prices at the end of the decade, along with his revenue and EBITDA forecasts for that period. He argued that First Solar can stay competitive against domestic crystalline silicon manufacturing on a lower cost base per watt, excluding tax credits.
The U.S. Department of Commerce’s Section 232 trade decision takes effect in early December and sets a minimum import price plus tariffs of 44 cents a watt on foreign crystalline silicon modules. A separate Commerce Department rule restricts foreign suppliers from stocking modules ahead of that date. Timing is the catch, since Souther said First Solar’s backlog has largely set its near-term pricing, with its U.S. Series 7 capacity sold out through 2028, so the benefit may show up later, in bookings for the end of the decade.
Domestic Module Maker Sits Closest to the Import Floor First Solar manufactures thin-film modules in the U.S. and sells them to utility-scale developers under multi-year contracts. An import price floor on crystalline silicon panels reaches that business directly, because it sets a minimum on what rival foreign modules can cost. Its thin-film cadmium telluride technology also keeps it independent from Chinese crystalline silicon supply chains.
Enphase makes microinverters, and Sunrun installs and finances rooftop systems. Neither manufactures the modules the tariff decision prices, matching the split in trading. Enphase bulls cite its push into AI data center power equipment; bears point to falling revenue amid a residential slump. Sunrun bulls note record storage attachment, while bears flag its cut full-year guidance and slower subscriber additions.
The bull case for First Solar holds that a floor under imported panels protects its pricing over a multiyear stretch, which is the argument behind the upgrade. Supporters can point to First Solar stock trading at a forward P/E ratio of 8x as backing for the valuation reset Souther noted. A domestic fleet with little open capacity strengthens First Solar’s hand when it negotiates bookings for later years.
Skeptics see the same order book as the weak spot. With near-term pricing already locked in, the benefit sits years out, leaving room for enthusiasm to cool before higher-priced contracts reach reported results.
What to Watch Next The question now is whether First Solar stock holds its gain into the close and whether other analysts follow Truist. New contract announcements showing pricing could test Souther’s end-of-decade thesis ahead of any revenue impact.
Since the tariff benefit sits years out, investors may want to adjust their First Solar stock holdings with that delay in mind and limit their exposure to installers that gain little from the floor.
Contact [email protected] for any questions or corrections.
Enphase Energy (ENPH - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this solar technology company have returned -14.1%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Solar industry, which Enphase Energy falls in, has lost 12.7%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Enphase Energy is expected to post earnings of $0.47 per share for the current quarter, representing a year-over-year change of -47.8%. Over the last 30 days, the Zacks Consensus Estimate has changed -4.1%.
The consensus earnings estimate of $1.92 for the current fiscal year indicates a year-over-year change of -35.1%. This estimate has changed -2.3% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2.17 indicates a change of +13.2% from what Enphase Energy is expected to report a year ago. Over the past month, the estimate has changed -9.2%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Enphase Energy is rated Zacks Rank #4 (Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Enphase Energy, the consensus sales estimate of $303.52 million for the current quarter points to a year-over-year change of -26.1%. The $1.18 billion and $1.25 billion estimates for the current and next fiscal years indicate changes of -19.6% and +5.9%, respectively.
Last Reported Results and Surprise HistoryEnphase Energy reported revenues of $291.85 million in the last reported quarter, representing a year-over-year change of -19.6%. EPS of $0.46 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $292.17 million, the reported revenues represent a surprise of -0.11%. The EPS surprise was 0%.
Over the last four quarters, Enphase Energy surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Enphase Energy is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Enphase Energy. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
Valuation Assessment of Enphase Energy Inc (ENPH) On October 12, 2026, Enphase Energy Inc (ENPH) shares fell 4.0%, closing at $31.49. The stock has experienc
In the latest trading session, Enphase Energy (ENPH - Free Report) closed at $31.49, marking a -4.02% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.06%. On the other hand, the Dow registered a gain of 0.38%, and the technology-centric Nasdaq decreased by 0.44%.
Coming into today, shares of the solar technology company had lost 9.74% in the past month. In that same time, the Oils-Energy sector gained 1.73%, while the S&P 500 gained 2.36%.
Investors will be eagerly watching for the performance of Enphase Energy in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 27, 2026. In that report, analysts expect Enphase Energy to post earnings of $0.47 per share. This would mark a year-over-year decline of 47.78%. In the meantime, our current consensus estimate forecasts the revenue to be $303.52 million, indicating a 26.05% decline compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.92 per share and revenue of $1.18 billion, indicating changes of -35.14% and -19.57%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Enphase Energy. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.34% lower within the past month. Enphase Energy currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, Enphase Energy is holding a Forward P/E ratio of 17.12. Its industry sports an average Forward P/E of 13.59, so one might conclude that Enphase Energy is trading at a premium comparatively.
The Solar industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 219, which puts it in the bottom 11% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
FREMONT, Calif., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that it began production shipments of its new IQ® Gateway Fusion in India. The compact system works with IQ8™ Microinverters to power homes with solar and keep essential appliances running during daytime power cuts, even without a home battery.
IQ Gateway Fusion combines the IQ® Gateway, IQ® Relay, and a built-in power socket in a single unit. With Enphase Sunlight Backup, the system keeps loads plugged into the socket running on solar when the grid goes down, including home UPS systems, refrigerators, electric scooters, and more. Watch the video explainer to see how it works.
For the millions of Indian households that rely on a UPS during outages, IQ Gateway Fusion can be paired with UPS batteries with solar during the day. This extends backup runtime and reduces how much the UPS draws from the grid. If a power cut runs through the night and drains the UPS, the system starts recharging it with sunlight the next morning, even if the grid is still down. When the grid is up, the system powers home loads with solar and exports excess energy to the grid to help lower electricity bills.
Each IQ Gateway Fusion supports up to 3,680 W of output with up to seven IQ8P™ or nine IQ8HC™ Microinverters. Homeowners can start small and expand over time. The IP65-rated unit fits on terraces, small rooftops, and compact homes. Installers can set it up quickly with simple cabling and commissioning through the Enphase® Installer App. Homeowners can monitor production and system health from anywhere with the Enphase® App.
"Power cuts are part of daily life for many of our customers, and most already own a UPS," said Thejas Babu, managing director at Thapas Energy, Kerala. "IQ Gateway Fusion lets them charge that UPS with sunlight, so their backup lasts longer when they need it most."
"Installation is fast and clean," said Srinivasan Dona Balasubramaniam, managing director at AARA Solar Energy Pvt. Ltd., Tamil Nadu. "One unit replaces several components, and we can commission the system in minutes from the app."
"Homeowners want solar that keeps working when the grid doesn't," said Dijo, managing director at 3rd Eye Security Systems, Kerala. "IQ Gateway Fusion gives them that at a price point that makes sense for Indian homes."
"Indian homeowners shouldn't lose access to their own solar power when the grid goes down," said Sunil Thamaran, senior vice president and managing director of India at Enphase Energy. "IQ Gateway Fusion delivers daytime backup and smarter UPS charging in a simple, compact system that our installers can deploy quickly.”
To learn more, visit the Enphase website for homeowners and installers.
About Enphase Energy, Inc.
Enphase Energy is a global energy technology company advancing intelligent power systems for homes, businesses, and next-generation AI data centers. The company designs semiconductor-based energy technologies spanning solar, batteries, EV charging, energy management, and virtual power plants, and is developing solid-state transformer technology to address the rapidly growing power demands of AI data centers. Based in Fremont, California, Enphase is the world’s leading supplier of microinverter-based solar and battery systems. The company revolutionized the solar industry with its microinverter technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in more than 165 countries. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy's technology and products, including safety, quality, and reliability; the expected benefits of IQ Gateway Fusion, including extended backup runtime, reduced grid consumption, and lower electricity costs; the suitability of IQ Gateway Fusion for residential solar applications in India; and the availability and timing of production shipments of IQ Gateway Fusion in India. These forward-looking statements are based on Enphase Energy's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand for residential solar and backup power solutions; competitive developments; changes in incentive programs and regulatory or compliance requirements; product performance and reliability under actual operating conditions; compatibility with third-party equipment, including UPS systems; installer and homeowner adoption rates; supply chain availability and costs; and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
In the latest trading session, Enphase Energy (ENPH - Free Report) closed at $33.91, marking a +1.38% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.58% for the day. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 0.45%.
The stock of solar technology company has fallen by 8.03% in the past month, lagging the Oils-Energy sector's loss of 0.73% and the S&P 500's gain of 0.84%.
The upcoming earnings release of Enphase Energy will be of great interest to investors. The company is forecasted to report an EPS of $0.48, showcasing a 46.67% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $306.7 million, down 25.27% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.93 per share and revenue of $1.19 billion. These totals would mark changes of -34.8% and -19.17%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Enphase Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.08% lower within the past month. Currently, Enphase Energy is carrying a Zacks Rank of #4 (Sell).
Looking at its valuation, Enphase Energy is holding a Forward P/E ratio of 17.38. For comparison, its industry has an average Forward P/E of 13.68, which means Enphase Energy is trading at a premium to the group.
The Solar industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 222, positioning it in the bottom 10% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
FREMONT, Calif., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today that it will host a conference call and webcast on Tuesday, Oct. 27, 2026 at 4:30 p.m. Eastern Time to discuss its third quarter 2026 financial results for the period ended Sept. 30, 2026. The live webcast can be accessed on the Enphase Energy Investor Relations website at investor.enphase.com, and a recorded version of the call will also be available there approximately one hour after the call.
What: Enphase Energy’s Third Quarter 2026 Financial Results Earnings Conference Call and Webcast Date: Tuesday, Oct. 27, 2026 Time: 4:30 p.m. Eastern Time Live Call: 833.634.5018 International: +1.412.902.4214 Replay:United States/Canada: 855.669.9658 International: +1.412.317.0088 Replay access code: 5536681 About Enphase Energy, Inc.
Enphase Energy is a global energy technology company advancing intelligent power systems for homes, businesses, and next-generation AI data centers. The company designs semiconductor-based energy technologies spanning solar, batteries, EV charging, energy management, and virtual power plants, and is developing solid-state transformer technology to address the rapidly growing power demands of AI data centers. Based in Fremont, California, Enphase is the world’s leading supplier of microinverter-based solar and battery systems. The company revolutionized the solar industry with its microinverter technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in more than 165 countries. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. For more information, visit https://enphase.com/.
Enphase Energy, Inc. (NASDAQ:ENPH – Get Free Report) shares shot up 4.9% on Wednesday. The stock traded as high as $32.98 and last traded at $33.3940. 492,091 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 6,454,748 shares. The stock had previously closed at $31.83.
Wall Street Analyst Weigh In A number of research firms recently commented on ENPH. Jefferies Financial Group lowered their price objective on shares of Enphase Energy from $54.00 to $42.00 and set a “buy” rating for the company in a research report on Monday, September 21st. Glj Research upped their price objective on Enphase Energy from $21.70 to $24.47 and gave the stock a “sell” rating in a research report on Tuesday, July 28th. Royal Bank Of Canada decreased their price objective on Enphase Energy from $54.00 to $47.00 and set an “outperform” rating for the company in a report on Wednesday, July 29th. Citigroup decreased their price objective on Enphase Energy from $40.00 to $37.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, TD Cowen dropped their target price on Enphase Energy from $70.00 to $48.00 and set a “hold” rating on the stock in a research report on Monday, July 20th. Nine investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $44.20.
Check Out Our Latest Research Report on ENPH
Enphase Energy Stock Down 0.5% The firm has a market capitalization of $4.34 billion, a P/E ratio of 32.82 and a beta of 1.64. The firm’s 50 day moving average is $37.02 and its two-hundred day moving average is $42.14. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.45 and a quick ratio of 2.95. Enphase Energy (NASDAQ:ENPH – Get Free Report) last issued its earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.01). The firm had revenue of $291.85 million during the quarter, compared to analyst estimates of $289.76 million. Enphase Energy had a net margin of 10.09% and a return on equity of 13.31%. The company’s revenue for the quarter was down 19.6% on a year-over-year basis. During the same quarter last year, the business posted $0.69 earnings per share. Research analysts predict that Enphase Energy, Inc. will post 0.69 EPS for the current year.
Insider Buying and Selling In other Enphase Energy news, Director Richard Mora sold 2,000 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $36.76, for a total value of $73,520.00. Following the transaction, the director directly owned 11,922 shares in the company, valued at $438,252.72. The trade was a 14.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.90% of the stock is currently owned by company insiders.
Institutional Trading of Enphase Energy A number of hedge funds have recently modified their holdings of the stock. Handelsbanken Fonder AB boosted its stake in Enphase Energy by 154.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 2,111,158 shares of the semiconductor company’s stock valued at $103,953,000 after purchasing an additional 1,283,052 shares during the period. Jupiter Topco LLC acquired a new position in Enphase Energy in the 2nd quarter valued at $6,766,000. SIR Capital Management L.P. bought a new position in Enphase Energy during the 2nd quarter worth $10,858,000. Bank of New York Mellon Corp bought a new position in Enphase Energy during the 2nd quarter worth $43,921,000. Finally, First Trust Advisors LP increased its position in Enphase Energy by 42.4% during the 1st quarter. First Trust Advisors LP now owns 1,834,416 shares of the semiconductor company’s stock worth $69,359,000 after buying an additional 546,460 shares during the period. Institutional investors and hedge funds own 72.12% of the company’s stock.
Enphase Energy Company Profile (Get Free Report)
Enphase Energy, Inc develops and manufactures energy technology for residential and commercial solar power systems. The company is best known for its microinverters, which convert electricity generated by individual solar panels from direct current into alternating current for use in homes and businesses or delivery to the electric grid.
Its product portfolio also includes battery storage systems, energy management and monitoring software, electric vehicle chargers, and related communications hardware.
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Enphase Energy (ENPH - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this solar technology company have returned -9.6%, compared to the Zacks S&P 500 composite's +0.6% change. During this period, the Zacks Solar industry, which Enphase Energy falls in, has lost 9.3%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Enphase Energy is expected to post earnings of $0.48 per share for the current quarter, representing a year-over-year change of -46.7%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
The consensus earnings estimate of $1.93 for the current fiscal year indicates a year-over-year change of -34.8%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2.39 indicates a change of +23.5% from what Enphase Energy is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Enphase Energy is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Enphase Energy, the consensus sales estimate for the current quarter of $306.7 million indicates a year-over-year change of -25.3%. For the current and next fiscal years, $1.19 billion and $1.32 billion estimates indicate -19% and +10.3% changes, respectively.
Last Reported Results and Surprise HistoryEnphase Energy reported revenues of $291.85 million in the last reported quarter, representing a year-over-year change of -19.6%. EPS of $0.46 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $292.17 million, the reported revenues represent a surprise of -0.11%. The EPS surprise was 0%.
Over the last four quarters, Enphase Energy surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Enphase Energy is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Enphase Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Enphase Energy (ENPH - Free Report) ended the recent trading session at $31.77, demonstrating a +2.78% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.17%. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq decreased by 0.09%.
Shares of the solar technology company witnessed a loss of 15.13% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 0.04%, and the S&P 500's loss of 0.24%.
The investment community will be closely monitoring the performance of Enphase Energy in its forthcoming earnings report. The company is forecasted to report an EPS of $0.48, showcasing a 46.67% downward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $306.7 million, indicating a 25.27% decrease compared to the same quarter of the previous year.
ENPH's full-year Zacks Consensus Estimates are calling for earnings of $1.93 per share and revenue of $1.19 billion. These results would represent year-over-year changes of -34.8% and -19.01%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Enphase Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Enphase Energy is currently a Zacks Rank #3 (Hold).
Digging into valuation, Enphase Energy currently has a Forward P/E ratio of 15.99. This signifies a premium in comparison to the average Forward P/E of 12.87 for its industry.
The Solar industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 228, positioning it in the bottom 8% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Corient Private Wealth LP reduced its stake in Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) by 67.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,397 shares of the semiconductor company’s stock after selling 36,396 shares during the period. Corient Private Wealth LP’s holdings in Enphase Energy were worth $857,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of ENPH. Norges Bank bought a new position in Enphase Energy during the 4th quarter worth about $118,190,000. Geode Capital Management LLC lifted its stake in Enphase Energy by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 2,510,509 shares of the semiconductor company’s stock valued at $80,478,000 after acquiring an additional 11,220 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in Enphase Energy by 154.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 2,111,158 shares of the semiconductor company’s stock valued at $103,953,000 after purchasing an additional 1,283,052 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Enphase Energy by 42.4% during the 1st quarter. First Trust Advisors LP now owns 1,834,416 shares of the semiconductor company’s stock worth $69,359,000 after acquiring an additional 546,460 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Enphase Energy by 37.8% during the first quarter. Dimensional Fund Advisors LP now owns 1,361,157 shares of the semiconductor company’s stock worth $51,459,000 after purchasing an additional 373,212 shares during the period. 72.12% of the stock is currently owned by institutional investors and hedge funds.
Enphase Energy Price Performance Enphase Energy stock opened at $32.40 on Monday. The company has a quick ratio of 2.95, a current ratio of 3.45 and a debt-to-equity ratio of 0.48. The firm has a 50 day moving average price of $37.60 and a 200-day moving average price of $42.46. Enphase Energy, Inc. has a twelve month low of $25.77 and a twelve month high of $73.74. The company has a market capitalization of $4.28 billion, a P/E ratio of 32.40 and a beta of 1.65.
Enphase Energy (NASDAQ:ENPH – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.01). Enphase Energy had a net margin of 10.09% and a return on equity of 13.31%. The business had revenue of $291.85 million during the quarter, compared to the consensus estimate of $289.76 million. During the same period last year, the firm earned $0.69 EPS. The business’s revenue for the quarter was down 19.6% on a year-over-year basis. As a group, equities analysts predict that Enphase Energy, Inc. will post 0.69 EPS for the current year. Insider Activity In other Enphase Energy news, Director Richard Mora sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $36.76, for a total value of $73,520.00. Following the completion of the sale, the director owned 11,922 shares of the company’s stock, valued at $438,252.72. This represents a 14.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.90% of the company’s stock.
Wall Street Analysts Forecast Growth ENPH has been the subject of a number of research reports. Glj Research lifted their target price on Enphase Energy from $21.70 to $24.47 and gave the stock a “sell” rating in a report on Tuesday, July 28th. Jefferies Financial Group lowered their price target on Enphase Energy from $54.00 to $42.00 and set a “buy” rating for the company in a report on Monday, September 21st. Oppenheimer reissued an “outperform” rating on shares of Enphase Energy in a research note on Tuesday, September 8th. Royal Bank Of Canada cut their price target on Enphase Energy from $54.00 to $47.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 29th. Finally, Mizuho decreased their price objective on Enphase Energy from $54.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $44.34.
Get Our Latest Report on ENPH
About Enphase Energy (Free Report)
Enphase Energy, Inc (NASDAQ:ENPH) is a clean energy technology company that designs and manufactures systems for generating, storing and managing electricity. Its products are primarily used in residential and commercial solar installations.
The company is best known for its semiconductor-based solar microinverters, which convert the direct current produced by individual solar panels into alternating current for use in buildings or delivery to the electric grid. Enphase also offers home battery storage systems, electric vehicle chargers, energy management software and related monitoring services designed to help customers optimize solar production, energy consumption and backup power.
Founded in 2006, Enphase is headquartered in Fremont, California.
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Enphase Energy (ENPH - Free Report) closed at $33.07 in the latest trading session, marking a -3.92% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.68%, and the Nasdaq, a tech-heavy index, lost 1.13%.
Shares of the solar technology company have depreciated by 7.84% over the course of the past month, underperforming the Oils-Energy sector's loss of 1.06%, and the S&P 500's gain of 1.26%.
Investors will be eagerly watching for the performance of Enphase Energy in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.48, indicating a 46.67% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $306.7 million, reflecting a 25.27% fall from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.93 per share and a revenue of $1.19 billion, signifying shifts of -34.8% and -19.01%, respectively, from the last year.
Investors should also take note of any recent adjustments to analyst estimates for Enphase Energy. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Enphase Energy is carrying a Zacks Rank of #3 (Hold).
Investors should also note Enphase Energy's current valuation metrics, including its Forward P/E ratio of 17.81. This expresses a premium compared to the average Forward P/E of 14.48 of its industry.
The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 236, this industry ranks in the bottom 5% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
FREMONT, Calif., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that the Enphase® IQ® Meter Collar is now approved for behind-the-meter installation by 80 utilities that collectively serve more than 38 million customers across the United States and Canada.
The IQ Meter Collar is now approved by all three major investor-owned electric utilities in California and the Sacramento Municipal Utility District (SMUD), expanding access to whole-home backup across the state. Hawaiian Electric has also approved initial pilot installations, with full approval expected in the coming months. Additional utility approvals are expected soon. See the full list on the Enphase website.
The IQ Meter Collar is a compact microgrid interconnection device that mounts behind the utility meter or on a standalone meter socket. It enables whole-home backup without moving circuits to a dedicated backup sub-panel or installing additional consumption current transformers, while providing safe grid isolation. As a key component of the 4th-generation Enphase Energy System, alongside the IQ® Battery 10C and the IQ® Combiner 6C, it helps reduce equipment, wiring complexity, and installation time. With integrated metering and streamlined commissioning, the system helps installers complete more installations in a single day and is backed by a 15-year limited warranty.
“Utility approval of the Enphase meter collar opens the door for us to deploy whole-home backup at much greater scale,” said Dan Moncayo, owner of HPM Solar, an installer of Enphase products based in Southern California. “The IQ Meter Collar significantly simplifies installation, reduces equipment on the wall, and helps us deliver a cleaner, faster experience for homeowners while meeting utility requirements.”
“With SMUD approving the IQ Meter Collar, we now have a streamlined way to offer whole-home backup that aligns with local utility standards,” said Ed Murray, president of Aztec Solar, an installer of Enphase products based in Northern California. “It allows us to complete installations more efficiently and expand access to reliable home energy systems for more customers.”
“Hawaii has one of the highest electricity rates in the country and a real need for resilient, whole-home backup,” said Cruz Romero, owner of Hi Power Solar, an installer of Enphase products based in Hawaii. “The IQ Meter Collar gives us a faster, cleaner way to deliver that to homeowners across the islands, with less equipment on the wall and fewer steps in the install.”
“With utility approval of the IQ Meter Collar now in place, we're able to accelerate battery deployments across our service territory in ways we couldn't before,” said Kent Harle, CEO of Stellar Solar, an installer of Enphase products based in San Diego. “In markets like San Diego, where programs like the San Diego Community Power Solar Battery Savings program are creating real financial incentives for homeowners, having a faster, simpler installation solution means we can help more customers take advantage of those opportunities before they're gone.”
“Getting utility approval for the IQ Meter Collar has opened up a whole new level of service for our customers,” said Jeff Long, president and CEO of Infinium Solar, an installer of Enphase products based in the PG&E service territory. “We can now offer whole-home backup with a simpler installation process, which means faster deployments and a better experience for homeowners.”
“Utility approvals are critical to scaling whole-home backup,” said Ken Fong, senior vice president of sales at Enphase Energy. “With the IQ Meter Collar now approved by 80 utilities, we are removing a key barrier to battery adoption, enabling installers to bring our 4th-generation Enphase Energy System to more homeowners, faster and more efficiently.”
For more information about the IQ Meter Collar and the 4th-generation Enphase Energy System, please visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, functionality, and reliability; the expected benefits of the IQ Meter Collar; the timing of utility approvals; the timing and availability of Enphase Energy products; the expected approval of the IQ Meter Collar by additional utilities; and anticipated installer and homeowner benefits. These forward-looking statements are based on Enphase Energy's current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand for home energy systems, battery storage systems, and related products; competitive developments; utility approval processes and requirements; changes in utility programs, incentive programs, regulatory requirements, or compliance standards; product performance and reliability under actual operating conditions; supply chain availability and costs; and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.
Enphase Energy (ENPH - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this solar technology company have returned -10.3%, compared to the Zacks S&P 500 composite's -1.3% change. During this period, the Zacks Solar industry, which Enphase Energy falls in, has lost 10.3%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Enphase Energy is expected to post earnings of $0.48 per share, indicating a change of -46.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.93 points to a change of -34.8% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $2.39 indicates a change of +23.5% from what Enphase Energy is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Enphase Energy is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Enphase Energy, the consensus sales estimate of $306.7 million for the current quarter points to a year-over-year change of -25.3%. The $1.2 billion and $1.33 billion estimates for the current and next fiscal years indicate changes of -18.3% and +10.3%, respectively.
Last Reported Results and Surprise HistoryEnphase Energy reported revenues of $291.85 million in the last reported quarter, representing a year-over-year change of -19.6%. EPS of $0.46 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $292.17 million, the reported revenues represent a surprise of -0.11%. The EPS surprise was 0%.
Over the last four quarters, Enphase Energy surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Enphase Energy is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Enphase Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Enphase Energy (ENPH - Free Report) closed at $35.56 in the latest trading session, marking a -3.16% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 1.21%, while the tech-heavy Nasdaq depreciated by 0.01%.
Shares of the solar technology company witnessed a loss of 2.29% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 3.72%, and outperforming the S&P 500's loss of 2.43%.
The investment community will be closely monitoring the performance of Enphase Energy in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.48, marking a 46.67% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $306.7 million, down 25.27% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.01 per share and revenue of $1.2 billion, indicating changes of -32.09% and -18.31%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Enphase Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.69% lower within the past month. Enphase Energy is currently a Zacks Rank #3 (Hold).
Looking at valuation, Enphase Energy is presently trading at a Forward P/E ratio of 18.23. This signifies a premium in comparison to the average Forward P/E of 11.38 for its industry.
The Solar industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 232, positioning it in the bottom 6% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
FREMONT, Calif., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced its participation in AI Infra Summit 2026, from Sept. 15-17, 2026 at the Santa Clara Convention Center in California. Enphase will be at Booth 1454, showcasing its approach to next-generation AI data center power infrastructure, including the IQ® Solid-State Transformer (IQ SST).
On Sept. 15 at 12:00 p.m. PDT, Raghu Belur, co-founder and chief product officer at Enphase Energy, will present “Solid-State Transformers: Speed to Power” on the AI Data Center Track.
The IQ SST is being developed to convert medium-voltage AC directly to 800 VDC for high-density AI data centers, with expected sub-millisecond response to dynamic AI loads. Its distributed architecture is designed to scale to racks up to 5 MW.
“AI data centers are forcing the industry to rethink how power moves from the grid to the rack,” said Raghu Belur. “At AI Infra Summit, we will show how Enphase is applying high-frequency magnetics, GaN power switching, custom silicon, and scalable domestic manufacturing to this challenge.”
Enphase recently began building IQ SST power modules at its manufacturing facility in Arlington, Texas, to assemble and validate full-scale IQ SST racks. A video of the power modules coming off the Enphase manufacturing line is available here.
Full-system demonstrations of IQ SST racks are expected in November 2026, with customer pilots planned for 2027. To learn more about IQ SST, visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release contains forward-looking statements, including statements related to the expected development, validation, performance, product and technology capabilities, architecture, response times, manufacturing and scalability, supply chain, regulatory compliance, commercialization, and timing of full-system demonstrations and customer pilots for Enphase Energy's IQ Solid-State Transformer (IQ SST). These forward-looking statements are based on Enphase Energy's current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, Enphase Energy's ability to develop, qualify, manufacture, validate, and commercialize the IQ SST and achieve the targeted technical and system-level performance, including direct conversion of medium-voltage AC to 800 VDC, anticipated sub-millisecond response to dynamic AI loads, and scalability to racks up to 5 MW; the ability to assemble and validate full-scale IQ SST racks and to scale U.S. production and achieve targeted output, yield, and cost; the ability to secure components and cost of supply, including gallium nitride (GaN); the ability of high-frequency magnetics, GaN power switching, custom silicon, and the distributed architecture to perform as intended; the pace and direction of the AI data center industry's move toward 800 VDC and other changes in data center power architectures; customer adoption; the ability to satisfy applicable regulatory and policy requirements, including domestic content requirements; the timing of full-system demonstrations, customer pilots, and commercialization on the expected timeline; as well as competitive dynamics, execution risks related to entering new markets, and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law or otherwise.
Enphase Energy (ENPH - Free Report) closed at $36.72 in the latest trading session, marking a -5.43% move from the prior day. This change lagged the S&P 500's 0.48% loss on the day. On the other hand, the Dow registered a loss of 0.77%, and the technology-centric Nasdaq decreased by 0.64%.
Prior to today's trading, shares of the solar technology company had lost 8.2% lagged the Oils-Energy sector's gain of 8.39% and the S&P 500's loss of 0.97%.
Market participants will be closely following the financial results of Enphase Energy in its upcoming release. It is anticipated that the company will report an EPS of $0.48, marking a 46.67% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $306.7 million, down 25.27% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.01 per share and revenue of $1.2 billion. These totals would mark changes of -32.09% and -18.31%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Enphase Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 2.69% downward. Enphase Energy is currently a Zacks Rank #3 (Hold).
Looking at valuation, Enphase Energy is presently trading at a Forward P/E ratio of 19.28. This expresses a premium compared to the average Forward P/E of 12 of its industry.
The Solar industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 222, which puts it in the bottom 10% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
FREMONT, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that power modules for its IQ® Solid-State Transformer (IQ SST) are now being built in the United States to assemble and validate full-scale IQ SST racks.
The IQ SST rack is being developed for AI data centers as the industry moves toward 800 VDC power architectures. It is designed to convert medium-voltage AC directly to 800 VDC with sub-millisecond response to dynamic AI loads, helping reduce the need for local battery energy buffering near AI compute racks.
The power module is the building block of the IQ SST rack. Hundreds of power modules work together in IQ SST racks with capacities up to 5 MW, creating a distributed solid-state transformer for AI data centers. A video of the power modules coming off the Enphase line in Arlington, Texas, is available here.
“A 4 kW power module is small, but put hundreds of them together and you have a multi-megawatt IQ SST rack,” said Raghu Belur, co-founder and chief product officer at Enphase Energy. “We don’t need to build bigger power-conversion systems. We can scale by repeating the same compact power module, the approach Enphase has used to scale distributed power electronics for decades.”
Enphase is now building the power modules needed to assemble full-scale IQ SST racks and validate the architecture at megawatt scale. Validation spans both power-module and system-level performance, including operation at medium-voltage AC levels from 13.8 kV to 34.5 kV, full-rack electrical and thermal performance, power-conversion efficiency, distributed control and redundancy, and partial-discharge characterization to validate insulation performance.
At the center of each power module is a proprietary high-frequency transformer developed by Enphase’s in-house magnetics team. The transformer carries power across the isolation boundary between the medium- and low-voltage domains, while a fiber-optic link provides the only other connection across that boundary. Enphase’s magnetics team has spent approximately two decades developing high-frequency transformer technology for demanding power-electronics applications.
Each power module also uses gallium nitride (GaN) power-switching technology and Enphase’s custom Kestrel ASIC, its fifth-generation control silicon. Kestrel integrates high-speed power control, sensing, communications, protection, and security, while GaN enables the high-frequency power conversion at the core of the IQ SST architecture.
The power modules share form-factor and process commonality with Enphase’s latest IQ Microinverters, providing a path to highly automated production as the program advances toward commercialization. Enphase has shipped approximately 89.4 million microinverters and has U.S. manufacturing capacity of approximately 12 million microinverters annually. This proven high-volume manufacturing model is designed to scale IQ SST power module manufacturing capacity to tens of gigawatts annually.
Enphase plans to assemble complete IQ SST racks in Texas, as full-system validation progresses. The IQ SST is being developed around Enphase’s U.S. footprint, supporting a domestic, scalable supply chain for AI data center power infrastructure. The supply chain is expected to meet applicable federal requirements, including foreign entity of concern (FEOC) requirements.
Full-system demonstrations of IQ SST racks are expected in November 2026, with customer pilots planned for 2027. To learn more about IQ SST, visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release contains forward-looking statements, including statements related to the expected development, validation, product and technology capabilities, performance, response times, architecture, manufacturing processes and scalability, supply chain, regulatory compliance, commercialization, and timing of demonstrations and customer pilots for Enphase Energy’s IQ Solid-State Transformer (IQ SST). These forward-looking statements are based on Enphase Energy’s current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, Enphase Energy’s ability to develop, qualify, manufacture, validate, and commercialize the IQ SST and achieve the targeted technical and system-level performance, including conversion of AC to DC, eliminating local batteries, and anticipated response times; the ability to scale U.S. production and achieve targeted output, yield, cost, response times and performance using manufacturing processes and form-factor commonality with Enphase IQ Microinverters; the ability to secure components and cost of supply, including gallium nitride (GaN); the ability of the Kestrel ASIC, GaN-based power conversion, and distributed architecture to perform as intended; the pace and direction of the AI data center industry’s move toward 800 VDC and other changes in data center power architectures; customer adoption; ability to satisfy applicable regulatory and policy requirements, including domestic content and foreign entity of concern (FEOC) requirements; and complete timing of full-system demonstrations, customer pilots, and commercialization on the expected timeline; as well as competitive dynamics, execution risks related to entering new markets, and other factors discussed in Enphase Energy’s filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law or otherwise.
Enphase Energy (ENPH - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this solar technology company have returned -11.1% over the past month versus the Zacks S&P 500 composite's -0.4% change. The Zacks Solar industry, to which Enphase Energy belongs, has lost 16.9% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Enphase Energy is expected to post earnings of $0.48 per share for the current quarter, representing a year-over-year change of -46.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -19.2%.
The consensus earnings estimate of $2.01 for the current fiscal year indicates a year-over-year change of -32.1%. This estimate has changed -2.7% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2.46 indicates a change of +22.2% from what Enphase Energy is expected to report a year ago. Over the past month, the estimate has changed +0.8%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Enphase Energy.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Enphase Energy, the consensus sales estimate of $306.7 million for the current quarter points to a year-over-year change of -25.3%. The $1.2 billion and $1.33 billion estimates for the current and next fiscal years indicate changes of -18.3% and +10.3%, respectively.
Last Reported Results and Surprise HistoryEnphase Energy reported revenues of $291.85 million in the last reported quarter, representing a year-over-year change of -19.6%. EPS of $0.46 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $292.17 million, the reported revenues represent a surprise of -0.11%. The EPS surprise was 0%.
Over the last four quarters, Enphase Energy surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Enphase Energy is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Enphase Energy. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
A Texas factory just handed Enphase a credible claim on the AI data-center power market, and SolarEdge surged even harder despite announcing nothing at all.
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Solar names caught a midday bid on a manufacturing milestone tied to AI data-center power infrastructure. Enphase Energy (NASDAQ:ENPH | ENPH Price Prediction) said power modules for its IQ Solid-State Transformer, or IQ SST, are now being built at its Arlington, Texas facility, enabling full-scale racks to be assembled and validated for prospective data-center customers. SolarEdge Technologies (NASDAQ:SEDG) stock rallied in sympathy, boosted by its own SST platform aimed at the same AI-factory opportunity.
The Invesco Solar ETF (NYSEARCA:TAN) is up 3% on the session. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.42%, framing solar as a clear day-of outperformer against a softer broad-market tape.
Enphase stock is up 5% to $38.31, extending its year-to-date gain to 20%. At the same time, SolarEdge stock is climbing 6% to $36.34, an outsized reaction given that the company hasn’t announced any news of its own today.
Texas Line Puts a Face on the AI-Power Pitch Each IQ SST power module is rated at 4 kW, and hundreds combine into a rack with capacity up to 5 MW. The design converts medium-voltage AC (13.8 kV or 34.5 kV) directly to 800-volt DC, with sub-millisecond response to the sharp load swings AI training and inference workloads generate, reducing the need for battery buffering next to every compute rack.
Co-founder and chief product officer Raghu Belur explained that hundreds of modules together make a multi-megawatt rack, and Enphase scales by repeating the same compact module rather than building larger power-conversion systems. The modules share their form factor and production process with the company’s microinverters, which makes the Texas milestone credible rather than a paper design.
Enphase’s management flagged customer engagement across hyperscalers, neoclouds, colocation providers, EPCs, and server providers, with opportunities at the RFI and RFP stages representing potential demand totaling multiple gigawatts. Full-system demonstrations remain on track for later this year, with customer pilots beginning in 2027 and commercial shipments in 2028.
SolarEdge Runs a Parallel Playbook SolarEdge’s own SST platform targets the same AI-factory build-out, and CEO Shuki Nir has framed the effort as addressing “the significant opportunity in AI factories.” On the company’s August 5 earnings call, SolarEdge said prospective customer engineering teams viewed a working prototype convert medium-voltage AC to a regulated 800-volt DC bus at 99% efficiency across a range of power levels.
SolarEdge’s roadmap points to a working lab system by the end of 2026, pilot installations in 2027, and volume shipments in 2028, mirroring Enphase’s commercialization schedule. Both names remain pre-revenue on the data-center side, and SolarEdge’s investor day on September 10, 2026 sits two days out as its next scheduled disclosure moment.
Solar Scorecard First Solar (NASDAQ:FSLR), the largest U.S. solar manufacturer, sits outside the SST story, though its 45.1-gigawatt contracted backlog through 2030 keeps it central to any broader rotation into domestic solar. First Solar stock is down 19% year to date, entering today’s sector move from a much weaker anchor than its two rallying sector peers.
The Invesco Solar ETF’s 3% session gain lags both SST-linked names by a wide margin, suggesting today’s bid is concentrated in the two companies with an explicit AI-data-center power narrative. That divergence underscores how selective the tape has been within the solar complex.
Ticker Session Move Year to Date ENPH +5% +20% SEDG +6% +27% FSLR +4% -19% TAN +3% -1% SPY -0.4% +12.5% What to Watch The AI-power thesis in solar names now has a factory address. A signed contract with a data-center operator remains ahead, and Enphase’s next tangible catalyst is a full-system IQ SST demonstration targeted for November, followed by customer pilots in 2027 and commercial shipments in 2028. SolarEdge’s Thursday investor day could validate today’s sympathy bid with firmer numbers around its data-center opportunity.
The bulls can argue that Enphase’s Texas line proves a residential-solar manufacturer can credibly extend into medium-voltage data-center gear using its existing production base. The bears could counter that SolarEdge outran Enphase today on no company-specific news, suggesting part of the move is a sector-wide bid that could fade if AI-power sentiment cools.
Investors sizing their exposure should treat both names as speculative AI-adjacent positions rather than solar-industrial staples, keeping their allocations modest ahead of SolarEdge’s investor day and Enphase’s late-year system demonstration. Position sizing matters more than usual given the pre-revenue status of both SST platforms.
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Enphase Energy (ENPH - Free Report) closed the most recent trading day at $36.15, moving +1.77% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.06%. Elsewhere, the Dow gained 1.18%, while the tech-heavy Nasdaq added 1.4%.
The solar technology company's stock has dropped by 8.81% in the past month, falling short of the Oils-Energy sector's gain of 4.7% and the S&P 500's gain of 2.46%.
The investment community will be paying close attention to the earnings performance of Enphase Energy in its upcoming release. It is anticipated that the company will report an EPS of $0.48, marking a 46.67% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $306.7 million, indicating a 25.27% decline compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.01 per share and revenue of $1.2 billion, indicating changes of -32.09% and -18.31%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Enphase Energy should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 2.69% lower. Currently, Enphase Energy is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Enphase Energy is holding a Forward P/E ratio of 17.63. This signifies a premium in comparison to the average Forward P/E of 11.4 for its industry.
The Solar industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 218, putting it in the bottom 12% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Expanded metering compatibility lets IQ EV Charger 2 work intelligently on its own, with existing solar systems, or as part of an Enphase Energy System
FREMONT, Calif., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced expanded metering compatibility for the Enphase® IQ® EV Charger 2 across several European markets. The expanded compatibility makes it easier for installers to bring smart EV charging to more homes, including those without an Enphase solar or battery system.
The IQ EV Charger 2 can use home metering data from compatible smart meters or CT-based metering solutions to enable dynamic load balancing and green charging. This allows the charger to operate intelligently whether it is installed on its own, with an existing solar system, or as part of an Enphase Energy System.
Dynamic load balancing automatically adjusts EV charging as electricity use in the home changes, helping prevent overloads and keep charging within the home’s available electrical capacity. Green charging uses available surplus solar energy to charge the vehicle and works with compatible third-party solar systems as well as Enphase solar.
Smart meter integrations include Linky in France through TIC, P1/DSMR in the Netherlands, Belgium, and Luxembourg, and HAN connections in Norway. In other markets, installers can use compatible CT-based metering solutions.
“The P1 connection is already sitting in many Dutch homes, and now we can use it,” said Dennis Dijkman, director at Dijkman Zonne-energie, an installer of Enphase products in the Netherlands. “Wired or wireless, we get load balancing and solar charging working quickly, whether or not the customer has an Enphase system.”
“With this new metering solution, it’s now easier to install a standalone IQ EV Charger 2,” said Simon Webb, managing director at Wow Energy, an installer of Enphase products in the United Kingdom. “It can help keep the customer inside their DNO fuse limit and even provide solar charging in homes where the customer does not have an Enphase system.”
“IQ EV Charger 2 is designed to work with the energy system homeowners have today and grow with them over time,” said Jayant Somani, senior vice president of the digital business unit at Enphase Energy. “Homeowners can start with smart EV charging, charge from solar when available, and expand over time with Enphase solar, batteries, and energy management — all designed to work together as one integrated energy system.”
For more information about the Enphase IQ EV Charger 2, please visit the Enphase website for France, the Netherlands, Belgium (French and Dutch), Luxembourg, Norway, the United Kingdom and Germany.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities, performance, compatibility, availability, and customer and installer benefits of Enphase Energy's technology and products, including the Enphase IQ EV Charger 2, its meter integrations, dynamic load balancing, green charging, and the Enphase Installer App. These forward-looking statements are based on Enphase Energy's current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, the availability and compatibility of third-party smart meters and metering hardware, changes to utility and regulatory requirements in European markets, and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.
FREMONT, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that more than 7,500 homeowners across the United States have enrolled in Enphase® Care, the company’s premium support offering for Enphase solar and battery systems. Enphase Care gives homeowners the confidence of long-term support from the company that knows their energy systems best.
Available in all 50 U.S. states, Enphase Care adds proactive system monitoring, panel warranty claim support, and no-cost service visits for covered repairs. Backed by Enphase’s 24/7 expert support and system intelligence, including the Enphase AI Assistant, Enphase Care helps identify issues early, resolve them quickly, and coordinate service when needed.
Homeowners can choose Enphase Care with annual coverage or Enphase Care+ with 10 years of prepaid coverage for long-term peace of mind. The two options make it simple for homeowners to choose the coverage that works best for them.
For installers, Enphase Care adds another reason for homeowners to choose the Enphase platform. By giving customers confidence that their systems will be supported for years to come, Enphase Care helps installers strengthen customer relationships and creates opportunities for future system expansions, including batteries, EV charging, and other Enphase products.
Enphase Care also extends the value of the company’s platform beyond the initial system purchase, creating a long-term services opportunity across its growing installed base. At its current pace, Enphase Care is on track to enroll more than 10,000 homeowners annually.
“I don't worry about surprise repair bills anymore,” said Thomas A., an Enphase Care customer in Texas. “If something looks off, Enphase alerts me and helps right away. Knowing I'm covered lets me focus on the savings.”
“One panel had been underproducing for weeks, and I never would have caught it,” said Reed West III, an Enphase Care customer in Virginia. “Enphase caught it, came out, and the visit was covered."
“Homeowners choose Enphase for technology they expect to rely on for many years, and they should be able to rely on the company behind it for just as long,” said Nitish Mathur, SVP of customer experience at Enphase Energy. “Enphase Care gives homeowners peace of mind for years to come. It makes the Enphase platform more valuable for our installer partners and gives Enphase the opportunity to support homeowners well beyond the initial installation.”
To learn more about Enphase Care, visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy's technology and products, including safety, quality, and reliability; Enphase Energy's expectations regarding its Enphase Care service plans, including the scope, availability, delivery of coverage, and expected enrollment growth. These forward-looking statements are based on Enphase Energy's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy's most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
FREMONT, Calif., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced an expanded homeowner outreach effort in the Netherlands to help solar-only customers prepare for the end of net metering on Jan. 1, 2027, and understand how battery storage can help them maximize the value of their solar systems. Enphase expects to host more than 300 in-person homeowner events and online webinars in 2026, with more than 100 already completed, generating thousands of leads to date.
Enphase is onboarding hundreds of installers into its lead-referral program and is partnering with Prets.io, an independent Dutch fintech platform, to connect prospective customers with available financing options and help address affordability at the time of purchase.
When net metering concludes at the end of 2026, existing Dutch solar-only systems will not be grandfathered in, meaning homeowners will receive less value for solar energy exported to the grid. Adding an IQ® Battery enables homeowners to store and use more of their own solar generation rather than export it at a reduced rate, helping protect the value of their existing solar investment.
“The end of net metering is a wake-up call, and Dutch homeowners are ready to act,” said Sjoerd Gravemaker, CEO of Reconnect Energy, an installer of Enphase products in the Netherlands. “Energy price swings and global supply disruptions have made energy independence a real priority. A solar-plus-battery system delivers exactly that, and the turnout and leads we're seeing at these Enphase homeowner events make clear that homeowners are ready to make the move.”
“Pebble Green Systems has been a Platinum-level installer of Enphase products for many years, and we have now completed a thousand installations using Enphase microinverters,” said Leo van der Grinten, owner of Pebble Green Systems. “Thanks to the Enphase promotion, combined with the regional presentations Enphase conducts, we have been receiving a steady stream of leads. Because these homeowners sign a pre-order after the presentation, they know exactly what the system cost will be. As a result, the intake conversations are short, with a success rate of approximately 50%. We are pleased with this.”
“I have never experienced such a high-quality event before,” said Harry van Torenburg, a homeowner in the Netherlands who ordered an IQ Battery system following a local Enphase event. “I truly felt like a VIP. The Enphase team really knows how to make customers feel valued, and I walked away ready to move forward with my Enphase system.”
Additionally, through a new referral arrangement with Enphase, Prets.io will offer eligible Dutch homeowners streamlined access to financing solutions, including Warmtefonds, the Netherlands’ leading government-backed loan program for sustainable energy investments. Availability and terms of financing are determined by Warmtefonds and/or the applicable financing provider. By guiding homeowners through the application process without requiring installer involvement, Prets.io can help simplify access to Warmtefonds and other available financing options.
“Warmtefonds is an attractive financing option available for Dutch homeowners making sustainable energy investments, but the application process is not always straightforward at the moment of purchase,” said Eugene Lubbers, CEO and co-founder of Prets.io. “With the Prets.io platform, homeowners can now access the financing application process soon after the Enphase event, when they are already inclined to move forward.”
“Nearly half a million Dutch homeowners have trusted Enphase with their solar systems, and we have a responsibility to help them protect that investment,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “Our events and webinars are packed because homeowners understand the stakes. With Prets.io, we are making it easier for homeowners to understand and access available financing options. Homeowners can leave one of our events with a plan, a price, and a path to getting it done.”
To learn more about Enphase solar and battery solutions in the Netherlands, visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to Enphase Energy's homeowner outreach and education initiatives in the Netherlands; expectations regarding the number, timing, effectiveness, and results of homeowner events and webinars; anticipated homeowner interest in and adoption of IQ Battery systems and other Enphase products; the expected benefits of battery storage, including increased self-consumption and protection of the value of existing solar investments; Enphase Energy's expectations regarding the impact of the planned abolishment of net metering in the Netherlands and resulting homeowner demand for energy storage solutions; and Enphase Energy’s plans to expand homeowner access to financing options through additional touchpoints and channels. These forward-looking statements are based on Enphase Energy’s current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements. Such risks include, but are not limited to, changes in market demand; rate of homeowner adoption of battery storage systems; energy prices and tariff structures; the timing, terms, and implementation of regulatory and policy changes, including the discontinuation of net metering in the Netherlands; the performance and availability of financing programs and third-party financing partners; installer participation and execution; supply chain constraints; and other factors discussed in Enphase Energy’s filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
A month has gone by since the last earnings report for Enphase Energy (ENPH - Free Report) . Shares have added about 9.5% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Enphase Energy due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Enphase Energy, Inc. before we dive into how investors and analysts have reacted as of late.
Enphase Energy Q2 Earnings Match Estimates, Revenues Decline Y/Y
Enphase Energy, Inc. reported second-quarter 2026 adjusted earnings of 46 cents per share, which came in line with the Zacks Consensus Estimate. However, the bottom line declined 33.3% from 69 cents in the prior-year quarter.
Including one-time adjustments, the company posted GAAP earnings of 27 cents per share, down from 28 cents recorded in the year-ago quarter.
ENPH’s RevenuesEnphase Energy’s second-quarter revenues of $291.9 million missed the Zacks Consensus Estimate of $295 million by 1%. The top line also decreased 19.6% from the prior-year quarter’s reported figure of $363.2 million.
The year-over-year plunge was mainly due to weaker sales in the United States.
Enphase Energy’s Operational UpdateThe company’s adjusted gross margin decreased 180 basis points year over year to 46.8%.
Adjusted operating expenses rose 2.6% year over year to $79.8 million.
The adjusted operating income totaled $56.7 million, down 42.5% from the year-ago quarter.
Enphase Energy’s Shipments Gain MomentumENPH’s shipments amounted to approximately 1.59 million microinverters and 113.8 megawatt-hours (MWh) of Enphase IQ Batteries.
More than 25,000 installers worldwide were certified to install IQ Batteries at quarter-end, up from more than 24,000 in the preceding quarter.
Financial Details of ENPHEnphase Energy had $529.3 million in cash and cash equivalents as of June 30, 2026 compared with $474.3 million as of Dec. 31, 2025.
The net cash flow from operating activities was $143.2 million during the first six months of 2026 compared with $75 million in the prior-year period.
Q3 2026 Guidance by Enphase EnergyFor the third quarter of 2026, ENPH expects revenues in the range of $290-$320 million. The Zacks Consensus Estimate for third-quarter revenues is pegged at $315.9 million, which is at the higher end of the company’s guided range.
Enphase Energy expects to ship IQ batteries in the range of 130-150 MWh in the third quarter.
Adjusted operating expenses are expected between $76 million and $80 million. This excludes approximately $44 million estimated for stock-based compensation expenses, acquisition-related costs and amortization, as well as restructuring and asset impairment charges.
The adjusted gross margin is anticipated in the range of 44-47%, excluding stock-based compensation expenses and acquisition-related amortization.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates have trended downward during the past month.
The consensus estimate has shifted -13.14% due to these changes.
VGM ScoresAt this time, Enphase Energy has a poor Growth Score of F, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a score of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Enphase Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
On August 28, 2026, Enphase Energy Inc ENPH shares fell 5.1% to a current price of $37.25. This decline comes amid a 52-week range that has seen a high of $73.74 and a low of $25.78.
GF Value™ verdict: Current price is $37.25, which is 30.6% below the GF Value of $53.70. GF Score™ of 77/100 indicates an above-average performance relative to peers. Notable signal: Insider activity shows net selling of $9.7M over the past 12 months. Is ENPH Overvalued or Undervalued? Enphase Energy Inc ENPH is currently trading at $37.25, which is significantly below the GF Value™ estimate of $53.70, suggesting that the stock is undervalued by approximately 30.6%. This presents an opportunity for investors who may be looking for discounted stocks, with a margin of safety implied by the discrepancy between the market price and the estimated intrinsic value. GF Value™ is GuruFocus' proprietary intrinsic-value estimate, factoring in historical trading multiples, past business growth, and future performance projections. The designation of "Significantly Undervalued" further supports the notion that ENPH may be an attractive buy at current levels, although potential investors should remain cautious about market volatility and sector dynamics.
How Does ENPH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 37.2x 61.0x Forward P/E 18.9x N/A Currently, ENPH's P/E (TTM) of 37.2x is significantly below its 5-year median of 61.0x, indicating that the stock is trading at a lower valuation compared to its historical average. This P/E analysis is in agreement with the GF Value™ verdict, reinforcing the notion that ENPH is indeed undervalued at its current price level.
What Does ENPH's GF Score™ Tell Us? The GF Score™ is a comprehensive measure that evaluates a stock's performance based on several key factors, including financial strength, profitability, growth potential, valuation, and momentum. Enphase Energy's score of 77/100 indicates a solid standing among its peers, with strengths in profitability and valuation, though it shows some weakness in growth.
Metric Rating GF Score™ 77 Financial Strength 7/10 Profitability 8/10 Growth 3/10 Valuation 8/10 Momentum 7/10 The strongest area for ENPH is its profitability rank of 8/10, indicating solid earnings performance relative to its peers. However, the growth rank of 3/10 suggests that the company may not be expanding as rapidly as other firms within the sector. Together, these scores provide a balanced view of ENPH’s current standing in the market.
What Are Gurus and Insiders Doing with ENPH? Currently, 7 gurus hold positions in Enphase Energy, with 1 guru adding to their stake while 7 have trimmed their positions in recent quarters. This indicates a cautious approach among professional investors regarding the stock. Additionally, insider activity has shown that over the past 12 months, insiders bought $1.1M worth of shares but sold $10.8M, resulting in a net selling of $9.7M. This trend may signal a lack of confidence among insiders, which is an important consideration for potential investors.
What This Means for Investors Based on the current analysis, Enphase Energy Inc ENPH appears to be undervalued according to the GF Value™ estimate, providing a potential opportunity for investors looking for stocks with a margin of safety. However, the insider selling and growth rank should be taken into account when evaluating the overall investment thesis. For further details and insights, please visit the Enphase Energy Inc (ENPH) stock page.
Frequently Asked Questions What is ENPH's GF Score™?
ENPH has a GF Score™ of 77/100, indicating above-average performance compared to its peers.
Is ENPH overvalued or undervalued?
ENPH is currently undervalued, with a GF Value™ estimate suggesting a 30.6% upside from its current price.
What is ENPH's P/E ratio?
ENPH's P/E (TTM) ratio is 37.2x, which is significantly below its 5-year median of 61.0x, highlighting its undervalued status in historical terms.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
FREMONT, Calif., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced the availability of the Enphase® AI Assistant in the Enphase® App for homeowners. The assistant brings agentic AI into the home energy experience, helping customers understand what is happening in their Enphase systems, why it is happening, and what action, if any, they should take. Watch a video showcasing the Enphase AI Assistant here.
Home energy is becoming more dynamic as homeowners add solar, batteries, EV charging, time-of-use rates, backup power, and grid services. The Enphase AI Assistant is designed for this new reality as an intelligent energy companion. Using live system context, it can answer natural language questions, explain system behavior, guide troubleshooting, and help homeowners move from insight to action — through both the Enphase App and the Enphase Support website.
“Homeowners should not need to be energy experts to understand how their homes use energy,” said Nitish Mathur, SVP of customer experience at Enphase Energy. “The Enphase AI Assistant turns complex system data into clear, personalized guidance, helping customers understand what is happening, why it is happening, and what they can do next.”
Homeowners can ask questions such as: Why did my battery discharge overnight? Why did I export more energy than usual? Is my system operating normally? Why is my electricity bill higher than expected? The assistant answers by using site-specific context already visible in the Enphase App, including solar production, home consumption, battery charge and discharge, grid import and export, EV charging activity, gateway connectivity, device status, and alert information.
The Enphase AI Assistant is not a general-purpose chatbot. It is built as a governed AI layer for home energy, combining large language models, model routing, retrieval-augmented generation, tool orchestration, and Enphase-approved knowledge sources. The assistant can route simple status checks to faster model paths while using deeper reasoning for more complex questions such as battery behavior, system troubleshooting, and energy usage explanations.
The Enphase AI Assistant is built around a simple model: sense, explain, and act. It understands what is happening across the home, explains it in plain language, and with the homeowner’s approval can take supported actions. For app-based controls such as battery operating profiles, charge-from-grid settings, EV charging behavior, notification preferences, and report generation, any system-changing action requires explicit homeowner confirmation and internal validation before execution.
The launch marks an important evolution of the Enphase App — from a place where homeowners monitor their energy system to an intelligent interface that can understand, explain, and help manage the entire home energy experience.
Security, privacy, and AI governance are built into the assistant’s architecture, including persona-based access, tool-level filtering, action policies, audit logging, session context management, response quality evaluation, and safeguards for customer-specific data. These controls help the assistant deliver personalized guidance while respecting product permissions and backend systems of record.
When expert help is needed, the assistant can seamlessly hand the conversation to Enphase customer service with the relevant system context and conversation history, so customers do not have to start over.
The Enphase AI Assistant is now broadly available to homeowners in most markets through the Enphase App, with availability continuing to expand. Feature availability may vary by country, system type, installed products, app version, account permissions, and enabled feature flags. To try the Enphase AI Assistant or get more information about how it works, please visit the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities, performance, availability, customer experience benefits, technical architecture, integrations, safety and security controls, and future development of Enphase Energy's technology and products, including the Enphase AI Assistant and Enphase App. These forward-looking statements are based on Enphase Energy's current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, the ability of the AI agent to function as designed and anticipated and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.
Bank of America Corp DE lessened its position in shares of Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) by 31.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 487,939 shares of the semiconductor company’s stock after selling 227,853 shares during the period. Bank of America Corp DE owned about 0.37% of Enphase Energy worth $18,449,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Enphase Energy by 431.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 514 shares during the last quarter. Activest Wealth Management lifted its stake in Enphase Energy by 52,000.0% during the fourth quarter. Activest Wealth Management now owns 1,042 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 1,040 shares during the last quarter. Ascentis Independent Advisors acquired a new position in Enphase Energy in the first quarter valued at approximately $33,000. Danske Bank A S acquired a new position in Enphase Energy in the third quarter valued at approximately $39,000. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Enphase Energy in the fourth quarter valued at approximately $45,000. 72.12% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of research analysts recently commented on ENPH shares. Evercore reaffirmed a “positive” rating and issued a $41.00 target price on shares of Enphase Energy in a research report on Monday. TD Cowen reduced their price target on shares of Enphase Energy from $70.00 to $48.00 and set a “hold” rating for the company in a research report on Monday, July 20th. The Goldman Sachs Group upped their price objective on shares of Enphase Energy from $51.00 to $57.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Citigroup dropped their price objective on Enphase Energy from $43.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Finally, Susquehanna cut their target price on Enphase Energy from $45.00 to $39.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Nine investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $45.79.
Check Out Our Latest Stock Report on Enphase Energy Insiders Place Their Bets In related news, Director Richard Mora sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $36.76, for a total value of $73,520.00. Following the sale, the director owned 11,922 shares in the company, valued at $438,252.72. This represents a 14.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Shanker Trivedi acquired 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was purchased at an average cost of $53.91 per share, with a total value of $53,910.00. Following the completion of the purchase, the director directly owned 1,000 shares in the company, valued at $53,910. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 4,200 shares of company stock worth $179,000. 2.90% of the stock is owned by corporate insiders.
Enphase Energy Stock Performance Shares of ENPH stock opened at $39.37 on Thursday. The stock’s 50-day moving average price is $43.47 and its 200 day moving average price is $44.07. The company has a quick ratio of 2.95, a current ratio of 3.45 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $5.20 billion, a PE ratio of 39.37 and a beta of 1.64. Enphase Energy, Inc. has a 52-week low of $25.77 and a 52-week high of $73.74.
Enphase Energy (NASDAQ:ENPH – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.01). The company had revenue of $291.85 million for the quarter, compared to analysts’ expectations of $289.76 million. Enphase Energy had a return on equity of 13.31% and a net margin of 10.09%.Enphase Energy’s revenue for the quarter was down 19.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 EPS. As a group, equities research analysts forecast that Enphase Energy, Inc. will post 0.76 EPS for the current year.
About Enphase Energy (Free Report)
Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.
The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.
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The U.S. solar market continues to benefit from strong demand from utilities, commercial customers and power-hungry data centers, with SEIA forecasting the nation’s solar fleet to double over the next five years. However, policy changes under the OBBBA and rising tariffs are creating a more uneven growth outlook by increasing uncertainty, raising manufacturing costs and putting pressure on supply chains. While utility-scale solar is expected to remain the primary growth driver, the expiration of residential tax incentives and ongoing trade actions could weigh on broader market expansion. A few prominent companies that solar investors may want to monitor are First Solar (FSLR - Free Report) , Enphase Energy (ENPH - Free Report) and T1 Energy Inc (TE - Free Report) .
About the Industry The Zacks Solar industry can be fundamentally categorized into two groups of companies. One is involved in designing and producing high-efficiency solar modules, panels and cells, while the other is engaged in installing grids and, in some cases, entire solar power systems. The industry also includes a handful of companies that manufacture inverters for solar power systems, which convert solar power from modules into electricity required by electric grids. Per a report from the U.S. Energy Information Administration (“EIA”), solar’s share of U.S. electricity generation will be 8% in 2026 and 9% in 2027. It remains the nation's dominant form of new generating capacity.
3 Trends Shaping the Future of the Solar Industry Strong Demand Supports Solar Market Growth: Across the United States, utilities and commercial customers are turning to solar power paired with battery storage to meet their growing need for affordable, dependable and cleaner electricity. Higher power costs and corporate decarbonization goals are strengthening the economic case for solar, while battery systems provide an added layer of reliability by supplying electricity when grid conditions are strained or outages occur. At the same time, surging power requirements from data centers are creating a powerful new source of demand for renewable generation and energy storage. The rapid growth of artificial intelligence, cloud services and other digital technologies is driving hyperscalers and technology companies to commit substantial capital to large-scale solar and storage projects. By securing additional generation and storage capacity, these companies can better address their future electricity needs while advancing their emissions-reduction and net-zero objectives.
A report published in June 2026 by the Solar Energy Industries Association (“SEIA”) states that U.S. solar outlook for 2026-2031 has been raised by 1.4%, driven mainly by stronger utility-scale demand. The updated forecast points to the U.S. solar fleet doubling over the next five years, although annual capacity additions are expected to remain largely stagnant. By comparison, the previous doubling of the U.S. solar industry took just three years.
Policy Changes Reshape the U.S. Solar Growth Outlook: The One Big Beautiful Bill Act (“OBBBA”) has significantly changed the timeline for federal solar tax incentives. The key July 4, 2026, deadline for beginning construction has now passed, meaning solar projects that did not commence construction by that date generally must be placed in service by Dec. 31, 2027, to qualify for the Section 48E Investment Tax Credit or Section 45Y Production Tax Credit. Another major policy issue is the OBBBA's new Foreign Entity of Concern (“FEOC”) restrictions. These rules affect projects seeking the 45Y and 48E credits, as well as manufacturers claiming the Section 45X advanced manufacturing credit. The OBBBA also eliminated the Section 25D residential clean-energy tax credit for customer-owned solar and storage systems after Dec. 31, 2025. This has created a more immediate headwind for the residential market than for utility-scale solar. SEIA expects residential installations to decline sharply in 2026 following the expiration of 25D. SEIA expects the OBBBA to create a more uneven growth profile. Developers have been accelerating projects and securing their pipelines in response to the new tax-credit rules, which could pull some installations forward into 2026-2027 while creating greater uncertainty beyond that period.
Tariff Policies Add Pressure to the U.S. Solar Industry: The heightened U.S. tariffs on imported goods have been negatively impacting nearly all industries, and solar is no exception. As expected, these tariffs have increased manufacturing costs for solar companies, which were already grappling with raw material shortages due to global supply-chain challenges. The SEIA’s June 2026 report highlights tariffs and ongoing trade actions as a significant challenge for the U.S. solar manufacturing industry. Although domestic module production has expanded substantially and now supplies about 70% of U.S. solar installations, manufacturers still depend heavily on imported solar cells, with the United States having only about 3 GW of domestic cell manufacturing capacity. New preliminary antidumping (AD) and countervailing duty (CVD) tariffs announced for solar cells and modules from India, Indonesia and Laos add further pressure, while Malaysia, Thailand and Vietnam were already subject to tariffs. Together, these six countries supplied 78% of U.S. cell imports in 2025, meaning the trade measures could raise costs and tighten component availability for domestic manufacturers. SEIA also warned that a potential Section 232 action on solar-grade polysilicon and derivative products could further constrain U.S. solar manufacturing, depending on its scope.
Zacks Industry Rank Reflects Gloomy Outlook The Zacks Solar industry is housed within the broader Zacks Oils-Energy sector. It currently carries a Zacks Industry Rank #202, which places it in the bottom 18% of more than 247 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s position in the bottom 50% of the Zacks-ranked industries is due to a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts have lost confidence in this group’s earnings growth potential over the past few months. The industry’s bottom-line estimate for the current fiscal year has moved down 10.7% to $1.34 since May 31.
Before we present a few solar stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.
Industry Lags Sector & S&P 500 The solar industry has underperformed both its sector and the Zacks S&P 500 composite over the past year. The stocks in this industry have collectively lost 6.9% over the past year, while the Oils-Energy sector has risen 37.6%. The Zacks S&P 500 composite has surged 23% in the same time frame.
One-Year Price Performance
Industry's Current Valuation On the basis of the trailing 12-month EV/EBITDA, which is commonly used for valuing solar stocks, the industry is currently trading at 10.66X compared with the S&P 500’s 18.16X and the sector’s 5.83X.
Over the past five years, the industry has traded as high as 32.53X, as low as 4.48X and at the median of 12.44X.
EV-EBITDA Ratio (TTM)
3 Solar Stocks to Watch First Solar: Based in Tempe, AZ, the company is a leading global provider of comprehensive PV solar energy solutions and specializes in designing, manufacturing, and selling solar electric power modules using a proprietary thin-film semiconductor technology. On July 30, 2026, FSLR reported second-quarter results. The company achieved record second-quarter and first-half module sales volume, surpassed 100 GW of cumulative global module sales, and ended June with a substantial 45.1 GW contracted backlog extending through 2030. First Solar also maintained its 2026 guidance, including 17.0-18.2 GW of volume sold, $4.9-$5.2 billion in net sales and $2.6-$2.8 billion in adjusted EBITDA.
The Zacks Consensus Estimate for First Solar’s 2026 earnings per share (EPS) indicates an improvement of 24.91% from the prior-year reported figure. The consensus estimate for 2027 EPS indicates an improvement of 36.93% year over year. The company currently carries a Zacks Rank of 3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Price & Consensus: FSLR
Enphase Energy: Based in Fremont, CA, this company is a global energy technology company that delivers energy management technology for the solar industry. It designs, develops, manufactures and sells home energy solutions, which connect energy generation, energy storage and control and communications management on a single intelligent platform. On July 28, 2026, Enphase Energy reported second-quarter results. The company shipped 1.59 million microinverters and 113.8 MWh of IQ Batteries, with battery shipments up from 103.1 MWh in the first quarter. U.S. manufacturing remained strong with 1.58 million microinverters and battery inverters shipped from its Texas and South Carolina facilities.
The consensus estimate for Enphase Energy’s 2027 EPS indicates an increase of 20% year over year. The Zacks Consensus Estimate for 2027 sales indicates an increase of 9.56% year over year. The stock currently carries a Zacks Rank of 3.
Price & Consensus: ENPH
T1 Energy: Based in New York, the company is an energy solutions provider, building an integrated supply chain for solar and batteries. On Aug. 12, 2026, T1 Energy reported second-quarter results. T1 Energy reported approximately $250 million in net sales, while the company’s G1_Dallas facility continued to ramp up production. The company expects full-year 2026 production to reach the high end of its 3.1-4.2 GW target. T1 Energy also monetized its remaining 2025 Section 45X tax credits for $39.1 million, helping strengthen liquidity. However, it remained loss-making, with an estimated net loss from continuing operations of $34-$37 million and negative adjusted EBITDA of $14.5-$11.5 million.
The Zacks Consensus Estimate for T1 Energy’s 2026 EPS indicates an increase of 83.25% year over year. The consensus estimate for 2026 sales indicates an increase of 27.23% year over year. The stock currently carries a Zacks Rank #3.
FREMONT, Calif., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today opened U.S. pre-orders for the IQ® Battery C80, its first commercial battery storage system. The all-in-one, AC-coupled system will deliver 80 kWh of usable energy capacity and up to 40 kVA of continuous power in a single, compact enclosure, with battery packs and microinverters fully integrated.
IQ Battery C80 extends Enphase's distributed architecture into commercial energy storage, completing the company's end-to-end commercial offering. It will pair with IQ9N-3P™ and IQ9S-3P™ Commercial Microinverters at 277Y/480 V, as well as IQ8P-3P™ and IQ8H-3P™ Microinverters at 120Y/208 V, enabling complete, all-AC solar-plus-storage systems without central inverters or high-voltage DC coupling.
From 80 kWh to 2 MWh, the system is engineered for commercial, industrial, and multifamily applications. Its modular architecture will allow customers to right-size projects and expand storage capacity over time. Its distributed, microinverter-based architecture is designed to reduce single points of failure and support high system uptime. IQ Battery C80 will support demand charge management, time-of-use shifting, solar self-consumption, grid services, and virtual power plant (VPP) participation — helping customers manage energy costs and maximize the value of onsite solar generation.
IQ Battery C80 will be available in two three-phase configurations: a 120Y/208 V model delivering 33 kVA for multifamily properties and smaller commercial buildings, and a 277Y/480 V model delivering 40 kVA for larger commercial and industrial applications. Both will use lithium iron phosphate (LFP) chemistry, deliver greater than 90% AC round-trip efficiency, and operate across an ambient temperature range of -22°F to 131°F.
Both configurations will support Enphase Power Control software, certified to UL 3141, enabling two-hour or four-hour system designs. Busbar and feeder overload controls will enable flexible wiring, help reduce balance-of-system infrastructure costs, and potentially avoid unnecessary electrical equipment upgrades. The AC-coupled architecture will also allow IQ Battery C80 to pair with third-party commercial three-phase solar inverters for both new and retrofit projects.
IQ Battery C80 will use active air cooling without liquid cooling or external HVAC, helping simplify installation and improve reliability. Its integrated battery and power-conversion architecture will also reduce the number of separate components that need to be installed and interconnected. Battery-module-level heating will support reliable operation in cold-weather conditions.
IQ Battery C80 is expected to be produced at U.S. manufacturing facilities and to be FEOC compliant. U.S. production can also help certain eligible projects qualify for domestic content bonus tax credits, subject to project-specific requirements and applicable laws.
Safety is engineered at the module level. IQ Battery C80 will feature battery-module smoke and gas sensing with active pressure release, along with support for fire alarm control panel integration and emergency stop for safe isolation. The system will be certified to UL 9540A and large-scale fire test protocols for thermal runaway safety and housed in an outdoor-rated NEMA 3R enclosure for pad or floor mounting.
“We designed the IQ Battery C80 to make commercial storage simpler to deploy, easier to scale, and more resilient,” said Aaron Gordon, senior vice president and general manager of the systems business unit at Enphase Energy. “With 208 V and 480 V configurations, it will serve applications ranging from multifamily properties to large commercial and industrial facilities.”
Pre-orders for the IQ Battery C80 are open now, with shipments expected to begin in the first half of 2027. The system will be backed by a 15-year limited warranty. Customers should consult their legal and tax advisors to confirm eligibility for applicable tax credits and incentives. Learn more about commercial storage on the Enphase website.
About Enphase Energy, Inc.
Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.
This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy's technology and products, including the IQ Battery C80, IQ9N-3P Commercial Microinverters, and IQ9S-3P Commercial Microinverters; the anticipated benefits of Enphase Energy's distributed commercial solar-plus-storage architecture; expected market opportunities for commercial, industrial, and multifamily energy storage systems; anticipated customer demand for the IQ Battery C80; the expected scalability and applications of the IQ Battery C80, including demand charge management, time-of-use shifting, self-consumption, grid services, and virtual power plant participation; the expected production of the IQ Battery C80 at U.S. manufacturing facilities; expectations regarding FEOC compliance and the potential availability of domestic content bonus tax credits for certain eligible projects; and the expected timing of product availability and shipments. These forward-looking statements are based on Enphase Energy's current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties. Such risks include, but are not limited to, market demand for commercial energy storage systems and related products; competitive developments; changes in tax credits, incentive programs, or other regulatory or compliance requirements; supply chain availability and costs; and other factors discussed in Enphase Energy's filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, and other filings made from time to time with the Securities and Exchange Commission. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.
FREMONT, Calif., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that Italian homeowners can now build a complete home energy system with Enphase, combining solar, storage, backup, and EV charging on a single platform. The new IQ® System Controller 3 enables homeowners with IQ® Battery 5P™ systems to add home backup for the first time, including three-phase backup, while the IQ® EV Charger 2 lets them power their vehicle from their own solar energy. Together, the products give homeowners a future-ready system they can expand as their energy needs grow.
FREMONT, Calif., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced expanded support that allows homeowners with existing non-Enphase solar systems to add the IQ ® Battery 10C and whole-home backup, without replacing the solar equipment already on the roof.
SolarEdge Technologies (SEDG) led a broad decline among solar stocks Wednesday after its forecast for third-quarter revenue came in below Wall Street expectatio
Solar stocks jumped in Tuesday trading after reports suggested the Trump administration is considering policies that could support the domestic solar manufacturing industry. SolarEdge Technologies (NASDAQ:SEDG | SEDG Price Prediction) stock is up 8% to $48.68, while Enphase Energy (NASDAQ:ENPH) stock has climbed 5% to $41.28 and First Solar (NASDAQ:FSLR) stock has gained 4% to $241.60.
The rally wasn’t limited to those three companies. Array Technologies (NASDAQ:ARRY) stock is also up 4% to $5.89, while the Invesco Solar ETF (NYSE ARCA:TAN) is higher by 4% to $53.10, suggesting investors are buying into the broader solar sector rather than reacting to company-specific news.
Policy Hopes Give Solar Sector a Lift Reports indicate that the Trump administration is weighing measures that could establish a floor price for polysilicon, a key material used in solar manufacturing. Investors appear to view the proposal as a potential tailwind for U.S. solar manufacturers by supporting domestic production and reducing pricing pressure from lower-cost imports.
However, the proposal remains just that for now, and investors are still waiting to see whether any policy changes become official. Even so, the reports were enough to improve sentiment across a sector that has spent much of the past year under pressure from slowing demand and higher financing costs.
SolarEdge Leads While First Solar and Enphase Follow SolarEdge stock is leading Tuesday’s gains, which may reflect both the policy optimism and the company’s beaten-down share price after a difficult stretch for the residential solar market. SolarEdge could benefit if investors begin to expect a more supportive backdrop for the broader industry, although the company’s operational turnaround remains an important part of the long-term story.
First Solar stock’s gain may also reflect the company’s strong U.S. manufacturing footprint, which has often made First Solar a preferred way for investors to gain exposure to domestic clean energy production. Enphase Energy stock also participated in the rally, even though Enphase’s business focuses on microinverters and energy technology rather than manufacturing solar panels themselves.
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Array Technologies and TAN Confirm a Broader Rally Array Technologies stock joined the advance as investors looked beyond the industry’s largest names. The move suggests market participants are becoming more optimistic about companies that supply equipment and infrastructure supporting solar installations.
The Invesco Solar ETF also advanced, reinforcing the idea that Tuesday’s buying extended across the industry. When a sector ETF rises alongside multiple individual stocks, it can indicate that investors are responding to a broad theme instead of a single corporate announcement.
Investors Can Watch for Policy Details The bullish case is that supportive government policies could improve the outlook for domestic solar manufacturers and help revive investor interest after an extended downturn across much of the industry. If additional details emerge and are ultimately implemented, companies with significant U.S. operations could receive renewed attention from the market.
On the other hand, higher interest rates and uncertain demand for residential solar systems continue to present challenges for many companies in the sector. Investors may want to watch for whether proposed policy changes become concrete actions. Meanwhile, those choosing to invest in solar stocks should consider keeping their position sizes moderate while the longer-term outlook continues to develop.
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FREMONT, Calif., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today reinforced its commitment to designing and manufacturing critical power electronics in the United States, spanning residential and commercial solar and battery systems and next-generation power infrastructure for AI data centers.
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Arrowstreet Capital Limited Partnership lifted its holdings in shares of Enphase Energy, Inc. (NASDAQ:ENPH – Free Report) by 27.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 590,282 shares of the semiconductor company’s stock after buying an additional 128,283 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.45% of Enphase Energy worth $22,319,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of ENPH. Monaco Asset Management SAM purchased a new position in shares of Enphase Energy in the 4th quarter valued at about $2,724,000. Vanguard Group Inc. lifted its holdings in shares of Enphase Energy by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 16,329,647 shares of the semiconductor company’s stock worth $523,365,000 after acquiring an additional 246,876 shares during the period. Louisiana State Employees Retirement System acquired a new stake in shares of Enphase Energy during the 1st quarter worth $2,193,000. M&T Bank Corp increased its position in Enphase Energy by 319.6% during the 4th quarter. M&T Bank Corp now owns 72,941 shares of the semiconductor company’s stock worth $2,338,000 after purchasing an additional 55,557 shares in the last quarter. Finally, Swedbank AB increased its holdings in Enphase Energy by 11.3% in the 4th quarter. Swedbank AB now owns 584,898 shares of the semiconductor company’s stock valued at $18,746,000 after purchasing an additional 59,500 shares in the last quarter. Hedge funds and other institutional investors own 72.12% of the company’s stock.
Analyst Ratings Changes A number of research firms have recently weighed in on ENPH. Evercore set a $37.00 price target on Enphase Energy in a report on Monday, May 4th. The Goldman Sachs Group boosted their price target on shares of Enphase Energy from $51.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. decreased their price objective on shares of Enphase Energy from $39.00 to $35.00 and set a “neutral” rating for the company in a report on Wednesday, April 29th. Wells Fargo & Company lowered their price objective on shares of Enphase Energy from $45.00 to $44.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, TD Cowen dropped their price objective on Enphase Energy from $70.00 to $48.00 and set a “hold” rating on the stock in a research note on Monday, July 20th. Eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $45.48.
Read Our Latest Stock Report on ENPH
More Enphase Energy News Here are the key news stories impacting Enphase Energy this week:
Positive Sentiment: Enphase reported adjusted earnings of $0.46 per share, matching consensus, while revenue of $291.9 million modestly exceeded estimates. Gross margins remained strong, supporting the company’s profitability despite lower sales. Enphase Energy Reports Financial Results for the Second Quarter of 2026 Positive Sentiment: Management highlighted energy storage, financing options, commercial expansion and stronger European demand as potential growth drivers. Enphase expects to begin IQ Battery 5 shipments in the fourth quarter of 2026 and has identified $75 million of safe-harbor activity in its third-quarter outlook. Enphase Q3 Revenue and IQ Battery 5 Outlook Positive Sentiment: New initiatives—including products aimed at data centers, the IQ EV Charger 2 and the Kestrel fifth-generation custom ASIC—could broaden Enphase’s addressable market and improve connectivity, security and power-management capabilities over time. Enphase Unveils Kestrel ASIC White Paper Insider Transactions at Enphase Energy In other Enphase Energy news, Director Richard Mora sold 700 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $64.20, for a total value of $44,940.00. Following the completion of the transaction, the director directly owned 13,922 shares of the company’s stock, valued at approximately $893,792.40. The trade was a 4.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average price of $67.50 per share, with a total value of $337,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,645,632 shares in the company, valued at $111,080,160. This trade represents a 0.30% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 2.90% of the company’s stock.
Enphase Energy Stock Performance ENPH stock opened at $35.07 on Thursday. The firm has a 50 day simple moving average of $50.64 and a 200 day simple moving average of $43.80. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.20 and a current ratio of 3.80. Enphase Energy, Inc. has a 52 week low of $25.77 and a 52 week high of $73.74. The stock has a market cap of $4.62 billion, a P/E ratio of 35.07 and a beta of 1.62.
Enphase Energy (NASDAQ:ENPH – Get Free Report) last posted its earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.01). The business had revenue of $291.85 million for the quarter, compared to analyst estimates of $289.76 million. Enphase Energy had a return on equity of 13.69% and a net margin of 10.09%.The company’s quarterly revenue was down 19.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.69 earnings per share. Research analysts anticipate that Enphase Energy, Inc. will post 0.82 earnings per share for the current fiscal year.
Enphase Energy Company Profile (Free Report)
Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.
The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.
Read More Five stocks we like better than Enphase Energy Why SK hynix Could Be the Best AI Chip Stock to Buy Now Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead? Why Bloom Energy May Be the Most Important AI Infrastructure Stock Want to see what other hedge funds are holding ENPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enphase Energy, Inc. (NASDAQ:ENPH – Free Report).
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Shares of Enphase Energy, Inc. (NASDAQ:ENPH – Get Free Report) gapped up before the market opened on Wednesday after Glj Research raised their price target on the stock from $21.70 to $24.47. The stock had previously closed at $36.32, but opened at $38.89. Glj Research currently has a sell rating on the stock. Enphase Energy shares last traded at $37.1320, with a volume of 1,705,886 shares traded.
Several other analysts have also recently issued reports on the stock. Morgan Stanley set a $27.00 price target on shares of Enphase Energy in a research report on Friday, May 8th. Oppenheimer dropped their price objective on shares of Enphase Energy from $68.00 to $57.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. UBS Group set a $85.00 target price on shares of Enphase Energy in a research note on Friday, May 22nd. Sanford C. Bernstein assumed coverage on shares of Enphase Energy in a report on Tuesday, June 16th. They set a “market perform” rating and a $56.00 target price on the stock. Finally, Roth Capital reissued a “buy” rating on shares of Enphase Energy in a research report on Friday, May 22nd. Eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $45.48.
Check Out Our Latest Research Report on ENPH
Insider Activity In other news, Director Shanker Trivedi bought 1,000 shares of Enphase Energy stock in a transaction that occurred on Friday, June 12th. The shares were purchased at an average price of $53.91 per share, with a total value of $53,910.00. Following the completion of the acquisition, the director directly owned 1,000 shares in the company, valued at $53,910. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard Mora sold 700 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $64.20, for a total transaction of $44,940.00. Following the completion of the sale, the director directly owned 13,922 shares in the company, valued at approximately $893,792.40. This trade represents a 4.79% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.90% of the company’s stock.
Key Enphase Energy News Here are the key news stories impacting Enphase Energy this week:
Positive Sentiment: Enphase reported adjusted earnings of $0.46 per share, matching consensus, while revenue of $291.9 million modestly exceeded estimates. Gross margins remained strong, supporting the company’s profitability despite lower sales. Enphase Energy Reports Financial Results for the Second Quarter of 2026 Positive Sentiment: Management highlighted energy storage, financing options, commercial expansion and stronger European demand as potential growth drivers. Enphase expects to begin IQ Battery 5 shipments in the fourth quarter of 2026 and has identified $75 million of safe-harbor activity in its third-quarter outlook. Enphase Q3 Revenue and IQ Battery 5 Outlook Positive Sentiment: New initiatives—including products aimed at data centers, the IQ EV Charger 2 and the Kestrel fifth-generation custom ASIC—could broaden Enphase’s addressable market and improve connectivity, security and power-management capabilities over time. Enphase Unveils Kestrel ASIC White Paper Institutional Investors Weigh In On Enphase Energy A number of hedge funds and other institutional investors have recently modified their holdings of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of Enphase Energy by 431.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 514 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in Enphase Energy by 77.8% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 350 shares in the last quarter. Activest Wealth Management lifted its holdings in Enphase Energy by 52,000.0% during the 4th quarter. Activest Wealth Management now owns 1,042 shares of the semiconductor company’s stock worth $33,000 after buying an additional 1,040 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in Enphase Energy during the 1st quarter worth about $33,000. Finally, Danske Bank A S acquired a new position in shares of Enphase Energy during the 3rd quarter worth about $39,000. 72.12% of the stock is currently owned by institutional investors and hedge funds.
Enphase Energy Trading Down 3.4% The firm has a market capitalization of $4.62 billion, a price-to-earnings ratio of 35.07 and a beta of 1.62. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.20 and a current ratio of 3.80. The company has a 50-day moving average price of $50.64 and a 200-day moving average price of $43.80.
Enphase Energy (NASDAQ:ENPH – Get Free Report) last issued its earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). The business had revenue of $291.85 million for the quarter, compared to analyst estimates of $289.76 million. Enphase Energy had a return on equity of 13.69% and a net margin of 10.09%.Enphase Energy’s revenue was down 19.6% on a year-over-year basis. During the same period last year, the business posted $0.69 EPS. As a group, research analysts forecast that Enphase Energy, Inc. will post 0.82 EPS for the current fiscal year.
Enphase Energy Company Profile (Get Free Report)
Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.
The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.
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Key Takeaways Enphase expects Q3 revenues of $290M-$320M, with midpoint implying about 5% sequential growth.ENPH sees Europe and batteries drive growth, with European revenues up 35% sequentially.Enphase advances IQ SST, targeting pilots in 2027 and commercial shipments in 2028. Enphase Energy, Inc. (ENPH - Free Report) used its second-quarter 2026 earnings call to frame storage, financing and commercial expansion as the main bridges to renewed growth.
The company reported earnings of 46 cents per share on revenues of $291.9 million.
Enphase Energy, Inc. Price, Consensus and EPS SurpriseManagement remained cautious on near-term U.S. residential demand but pointed to improving sell-through, stronger European battery adoption and a widening product pipeline.
ENPH Guides to Sequential GrowthPresident and CEO Badri Kothandaraman said third-quarter revenues are expected between $290 million and $320 million, with the midpoint implying about 5% sequential growth.
The outlook includes roughly $75 million of safe harbor revenues and battery shipments of 130 to 150 megawatt hours. Management said the company was more than 70% booked to the midpoint.
Kothandaraman expects global sell-through to rise 10% sequentially, although Enphase plans to modestly under ship demand to reduce slightly elevated microinverter channel inventory.
Enphase Sees U.S. Demand StabilizingU.S. revenues declined 3% sequentially in the second quarter, while U.S. sell-through fell 7%. Excluding one-time first-quarter orders, sell-through was approximately flat.
Kothandaraman said third-party permit and upstream sales indicators improved in June, while Enphase’s Solargraf platform showed higher proposal activity in the second quarter.
In Q&A, a Goldman Sachs analyst pressed management on why shipments would trail improving demand. Kothandaraman said the roughly $15 million under-shipment assumption reflects caution and channel discipline rather than a weaker sell-through forecast.
ENPH Leans on Europe and BatteriesEuropean revenues increased 35% sequentially, while sell-through rose 30%, supported by solar and battery growth across the Netherlands, France and Germany.
Kothandaraman highlighted a battery-led model built around self-consumption, direct homeowner marketing and Enphase’s installed base. Battery activations rose about 102% sequentially in the Netherlands and 34% in France.
A Craig-Hallum analyst asked about battery demand elasticity. Kothandaraman said pricing is only one lever, alongside homeowner events, lead conversion, utility-qualified meter collars and financing programs that support higher battery attachment.
Enphase Expands Financing and Safe HarborPropel, a third-party ownership offering distributed through Greentech Renewables, has expanded to six states and about 290 participating installers.
Kothandaraman said originations are running near 200 per week, with roughly 75% battery attachment. SolSource aims to reach 12 states in the third quarter and 500 weekly originations by year-end.
Enphase has executed about $1.1 billion of safe harbor agreements year to date. Management expects Physical Work Test-related revenues to begin in 2028 and develop roughly linearly as projects are installed.
ENPH Broadens Its Product Road MapManagement expects initial shipments of the fifth-generation IQ Battery G5 in the fourth quarter. The stackable platform is designed for 50% higher energy density and about 40% lower cost per kilowatt hour than the fourth-generation product.
The company also began shipping its IQ9S-3P commercial microinverter and expects U.S. small-commercial revenues of approximately $10 million in the third quarter.
Kothandaraman positioned commercial solar, the planned IQ Vault battery and bidirectional EV charging as adjacent growth areas that extend Enphase beyond residential systems.
Enphase Advances the IQ SST OpportunityThe IQ solid-state transformer remained the call’s longest-term strategic focus. Management is targeting a fully working system later in 2026, customer pilots in 2027 and commercial shipments in 2028.
Kothandaraman said several customer discussions have progressed to RFI and RFP stages, representing potential multi-gigawatt demand. The platform targets direct conversion of medium-voltage AC to 800-volt DC for AI data centers.
In Q&A, management emphasized sub-millisecond response time, modular redundancy, U.S. manufacturing and a flexible architecture as differentiators. Executives avoided specific pricing or margin targets.
ENPH Maintains a Cautious Growth PostureThe call balanced near-term discipline with broader expansion. Management’s immediate priorities are healthier channel inventory, higher battery volumes, European conversion and financing-led U.S. demand.
At the same time, Enphase is investing in commercial energy systems and data center power infrastructure, extending its GaN-based technology platform into larger markets.
What Zacks Signals Say About EnphaseEnphase currently carries a Zacks Rank #3 (Hold), indicating a neutral near-term earnings estimate revision outlook. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Its Value Score of D, Growth Score of D, Momentum Score of F and VGM Score of F point to weak style characteristics.
Zacks Style Scores work best alongside the Rank, with A or B grades preferred. The current combination warrants caution, though the Zacks Rank can change as analysts revise estimates following the just-reported results.
Key Takeaways Enphase Energy's adjusted EPS fell 33.3% to 46 cents, matching the consensus estimate.Revenues declined 19.6% to $291.9 million, mainly due to weaker U.S. sales.ENPH expects Q3 revenues of $290-$320 million and battery shipments of 130-150 MWh. Enphase Energy, Inc. (ENPH - Free Report) reported second-quarter 2026 adjusted earnings of 46 cents per share, which came in line with the Zacks Consensus Estimate. However, the bottom line declined 33.3% from 69 cents in the prior-year quarter.
Including one-time adjustments, the company posted GAAP earnings of 27 cents per share, down from 28 cents recorded in the year-ago quarter.
ENPH’s RevenuesEnphase Energy’s second-quarter revenues of $291.9 million missed the Zacks Consensus Estimate of $295 million by 1%. The top line also decreased 19.6% from the prior-year quarter’s reported figure of $363.2 million.
The year-over-year plunge was mainly due to weaker sales in the United States.
Enphase Energy’s Operational UpdateThe company’s adjusted gross margin decreased 180 basis points year over year to 46.8%.
Adjusted operating expenses rose 2.6% year over year to $79.8 million.
The adjusted operating income totaled $56.7 million, down 42.5% from the year-ago quarter.
Enphase Energy’s Shipments Gain MomentumENPH’s shipments amounted to approximately 1.59 million microinverters and 113.8 megawatt-hours (MWh) of Enphase IQ Batteries.
More than 25,000 installers worldwide were certified to install IQ Batteries at quarter-end, up from more than 24,000 in the preceding quarter.
Financial Details of ENPHEnphase Energy had $529.3 million in cash and cash equivalents as of June 30, 2026 compared with $474.3 million as of Dec. 31, 2025.
The net cash flow from operating activities was $143.2 million during the first six months of 2026 compared with $75 million in the prior-year period.
Q3 2026 Guidance by Enphase EnergyFor the third quarter of 2026, ENPH expects revenues in the range of $290-$320 million. The Zacks Consensus Estimate for third-quarter revenues is pegged at $315.9 million, which is at the higher end of the company’s guided range.
Enphase Energy expects to ship IQ batteries in the range of 130-150 MWh in the third quarter.
Adjusted operating expenses are expected between $76 million and $80 million. This excludes approximately $44 million estimated for stock-based compensation expenses, acquisition-related costs and amortization, as well as restructuring and asset impairment charges.
The adjusted gross margin is anticipated in the range of 44-47%, excluding stock-based compensation expenses and acquisition-related amortization.
ENPH’s Zacks RankEnphase Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Solar ReleasesFirst Solar, Inc. (FSLR - Free Report) is scheduled to report second-quarter 2026 results on July 30, after market close. The Zacks Consensus Estimate for FSLR’s earnings is pegged at $2.74 per share, which suggests a year-over-year decline of 13.8%.
The consensus estimate for sales stands at $1.06 billion, which indicates a fall of 3.3%.
SolarEdge Technologies (SEDG - Free Report) is slated to report second-quarter 2026 results on Aug. 5, before market open. The Zacks Consensus Estimate for SEDG’s earnings is pegged at 4 cents per share, which calls for a year-over-year surge of 104.9%.
The consensus estimate for sales is pegged at $341.7 million, which indicates an improvement of 18%.
Sunrun Inc. (RUN - Free Report) is slated to report second-quarter 2026 results on Aug. 5, after market close. The Zacks Consensus Estimate for RUN’s earnings is pegged at 8 cents per share, which suggests a year-over-year decline of 92.5%.
The consensus estimate for sales is pegged at $722.9 million, which calls for a jump of 27%.
Enphase Energy stock is moving in positive territory. What’s driving ENPH shares up? Enphase Energy Q2 HighlightsEnphase Energy posted second-quarter revenue of $291.85 million, beating the consensus estimate of $289.92 million, according to Benzinga Pro. The company reported adjusted earnings of 47 cents per share for the quarter, beating estimates of 46 cents per share.
Enphase said it shipped approximately 1.59 million IQ microinverters and 113.8 megawatt hours of IQ batteries in the quarter. The company noted that it achieved key technical milestones and deepened customer engagement with potential multi-gigawatt opportunities during the quarter.
“We accelerated development of the IQ Solid-State Transformer (IQ SST) for next-generation AI data centers. We are actively engaged with customers and ecosystem partners,” the company said.
Enphase generated $25.9 million of free cash flow during the quarter and exited the period with $937.7 million of cash, cash equivalents and marketable securities.
Enphase expects third-quarter revenue to be in the range of $290 million to $320 million versus estimates of $304.25 million.
Enphase executives are currently discussing the quarter on an earnings call that started at 4:30 p.m. ET.
ENPH Shares Move Higher After HoursENPH Price Action: Enphase shares were up 1.43% in after-hours, trading at $36.84 at the time of publication on Tuesday, according to Benzinga Pro.
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