Enphase Energy

ENPH

Market cap $3.78B

Enphase Energy (ENPH) reported earnings 30 days ago. What's next for the stock?

Zacks.com users have recently been watching Enphase Energy (ENPH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

FREMONT, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced a new safe harbor agreement with a leading solar and battery financing company that offers third-party ownership (TPO) agreements to homeowners, including leases and power purchase agreements (PPAs). This is the third safe harbor agreement for Enphase since the new U.S. federal budget bill was signed into law in July 2025.

Investors are concerned about how changes in government policy may hurt Enphase Energy's (ENPH 2.44%) long-term prospects.

Government policies worked against Enphase Energy (ENPH 2.75%) in 2025, bringing down investor interest in the company.

Enphase Energy (ENPH) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

FREMONT, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that its IQ8™ Microinverters have been selected for gas station solar projects around the world, helping businesses deploy clean, reliable energy in some of the most safety-critical commercial environments.

FREMONT, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that its IQ® Battery systems are now eligible for San Diego Community Power's (Community Power) Solar Battery Savings program. Community Power is a leading California community choice aggregator serving nearly one million customers across the greater San Diego region.

Enphase Energy faces near-term headwinds, including weak Q3 2025 guidance, market share losses, and the expiration of 25D tax credits. ENPH's medium- to long-term outlook is supported by product innovation, US battery production, commercial solar market entry, and global expansion opportunities. Macroeconomic catalysts include rising electricity prices, rate cuts, and new financing models—all of which could reignite demand for the company's solutions.

Enphase Energy's stock has fallen another 35% since the last “Avoid” rating, reflecting deteriorating demand and weaker cash flow. I'm upgrading ENPH to Buy as IRA credits and demand recovery could reignite FY26 profitability. FY26 guidance projects a 40% sequential revenue drop, with forward EBITDA and EBIT expected to decline 24% and 42%, respectively.