Enphase Energy, Inc.
ENPHEnphase Energy, Inc. is a technology company specializing in solar energy solutions, primarily known for its microinverter systems that optimize solar power generation. Founded in 2006 and headquartered in Fremont, California, Enphase develops advanced residential and commercial solar energy products, including energy storage and management systems. The company's innovations aim to improve the efficiency, reliability, and monitoring of solar energy installations.
Company News
Enphase Energy has begun shipping its new IQ EV Charger 2 across the United States, featuring solar-aware charging, up to 22.1 kW power delivery, and compatibility with most EV brands.
Enphase Energy reported strong Q3 2025 revenue but provided a cautious outlook for Q1 2026, citing the loss of the 25D tax credit as a near-term headwind. The stock experienced a significant decline as analysts reduced their price targets.
Markets remained relatively stable as President Trump meets with Ukrainian President Zelenskyy and European leaders, with solar stocks rallying and some tech stocks experiencing fluctuations.
Solar stocks plummeted after the U.S. Senate's version of the budget bill proposed phasing out tax incentives for rooftop solar and wind energy by 2028, leading to a sell-off in the sector.
First Solar is scheduled to release its Q2 2024 results on July 30. The company is expected to report revenue growth of 16.7% and a 44.3% surge in earnings per share. Key factors include increased module production and shipments, as well as improved average selling prices. However, higher production costs may have impacted earnings.
