Enphase Energy (NASDAQ:ENPH) Releases Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Enphase Energy (NASDAQ:ENPH) posted its quarterly earnings results on Tuesday. The semiconductor company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.10), FiscalAI reports. The firm had revenue of $293.33 million during the quarter, compared to analyst estimates of $304.59 million. Enphase Energy had a return on equity of 13.31% and a net margin of 10.09%.

Enphase Energy Stock Performance

NASDAQ ENPH traded down $0.60 during trading hours on Tuesday, reaching $29.76. The company’s stock had a trading volume of 15,579,559 shares, compared to its average volume of 6,360,646. The company has a current ratio of 3.45, a quick ratio of 2.95 and a debt-to-equity ratio of 0.48. The business has a 50-day simple moving average of $34.58 and a 200 day simple moving average of $41.14. Enphase Energy has a 52 week low of $25.77 and a 52 week high of $73.74. The stock has a market cap of $3.93 billion, a PE ratio of 29.76 and a beta of 1.64.

Analyst Ratings Changes

Several brokerages have issued reports on ENPH. Weiss Ratings restated a “sell (d+)” rating on shares of Enphase Energy in a research note on Friday, September 18th. Oppenheimer reiterated an “outperform” rating and issued a $55.00 target price on shares of Enphase Energy in a research report on Monday, October 5th. Morgan Stanley lowered their price target on Enphase Energy from $27.00 to $24.00 and set an “underweight” rating for the company in a report on Wednesday, October 14th. Mizuho lowered their price target on Enphase Energy from $54.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. Finally, Jefferies Financial Group dropped their price target on Enphase Energy from $54.00 to $42.00 and set a “buy” rating on the stock in a research report on Monday, September 21st. Nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $42.98.

Insider Activity at Enphase Energy

In other 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 transaction of $73,520.00. Following the completion of the transaction, the director directly owned 11,922 shares of the company’s stock, valued at approximately $438,252.72. This represents a 14.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.90% of the company’s stock.

Key Headlines Impacting Enphase Energy

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Enphase reported a successful demonstration of its IQ Solid-State Transformer, converting 13.8 kV AC to 800 V DC. The technology could support high-power applications such as AI data centers, though it remains under development. Enphase IQ Solid-State Transformer demonstration
• Positive Sentiment: Goldman Sachs reaffirmed its Buy rating and $47 price target, citing progress in gallium-nitride bidirectional switches and Enphase’s AI-focused solid-state transformer strategy. Goldman Sachs rating
• Positive Sentiment: Enphase and Infineon announced 900-volt GaN bidirectional switch devices for Enphase solid-state transformer modules, strengthening the company’s positioning in power systems for AI data centers. Enphase and Infineon GaN devices announcement
• Neutral Sentiment: Analyst expectations remain widely divided: Goldman’s $47 target contrasts with a GLJ Research Sell rating and a reduced $21.49 target, indicating substantial uncertainty about Enphase’s valuation and outlook.
• Negative Sentiment: Third-quarter adjusted earnings were $0.41 per share, below the $0.51 consensus estimate, while revenue of $293.33 million also missed expectations of $304.59 million. The earnings and revenue shortfalls are the clearest near-term catalysts weighing on ENPH. Enphase third-quarter 2026 results

Enphase Energy Company Profile

Enphase Energy, Inc develops and manufactures technology for residential and commercial solar energy systems. Its products include solar microinverters, which convert electricity generated by individual solar panels into usable power, along with integrated energy management technologies designed to improve system performance, monitoring and reliability.

The company also offers battery storage systems, electric vehicle chargers and software that enables customers, installers and utilities to monitor and manage distributed energy resources.