Enphase Energy Inc reaches 5-day high with new EV Charger launch
Written by Emily J. Thompson, Senior Investment Analyst
Source: TipRanks
Updated: 05 Dec 25
Source: TipRanks
Enphase Energy Inc saw a price increase of 5.00% as it reached a 5-day high, reflecting positive market response to its latest product launch.
The company announced the first production shipments of its next-generation IQ EV Charger 2 to customers in the U.S., which is expected to enhance its market presence in the electric vehicle charging sector. This innovative charger supports solar-aware technology, allowing users to charge their vehicles using surplus solar energy.
With plans for global expansion by 2026, the launch of the IQ EV Charger 2 positions Enphase Energy to capture a larger share of the growing EV market, potentially leading to increased revenue and customer satisfaction.
ENPH$0.0000%Past 6 months

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Analyst Views on ENPH
Wall Street analysts forecast ENPH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ENPH is 37.91 USD with a low forecast of 23.49 USD and a high forecast of 67.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast ENPH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ENPH is 37.91 USD with a low forecast of 23.49 USD and a high forecast of 67.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 29.390

Current: 29.390

downgrade
$55 -> $44
Reason
Seaport Research lowered the firm's price target on Enphase Energy to $44 from $55 and keeps a Buy rating on the shares.
Neutral
downgrade
$37 -> $33
Reason
Susquehanna lowered the firm's price target on Enphase Energy to $33 from $37 and keeps a Neutral rating on the shares. The firm said they reported 3Q results, with a beat on both revenue and EPS, driven by a roughly $71M in safe harbor revenue. 4Q revenue is expected to see sequential declines of about $80M at the midpoint, driven by a pull-forward from safe harboring as well as from reduced shipments due to planned destocking of the channel.
Underperform
downgrade
$32 -> $31
Reason
BMO Capital analyst Ameet Thakkar lowered the firm's price target on Enphase Energy to $31 from $32 and keeps an Underperform rating on the shares. The company's Q3 results topped estimates, though the management indicated it sees Q1 revenues of $250M - well below the firm's already below-consensus estimate of $270M, the analyst tells investors in a research note. Enphase market share has already eroded due to shifting market dynamics, particularly in the U.S., the firm added.
Sector Perform
downgrade
$33 -> $31
Reason
RBC Capital lowered the firm's price target on Enphase Energy to $31 from $33 and keeps a Sector Perform rating on the shares. The company is facing the challenges of weak international demand and the impacts of section 25D tax credit termination that is driving demand pull-forward, destocking, and safe harbor activity, the analyst tells investors in a research note. The opportunity for Enphase is executing on its product road map and supporting the adoption of a pre-paid lease as well as its loan offering that will allow its long-tail installer base to recapture share, RBC added.
About ENPH
Enphase Energy, Inc. is a global energy technology company. The Company is a supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power and control it all with a smart mobile application. It designs, develops, manufactures and sells home energy solutions that manage energy generation, energy storage, and control and communications on one intelligent platform. The Enphase Energy System brings a technology, networked approach to solar generation plus energy storage, by leveraging its design expertise across power electronics, semiconductors and cloud-based software technologies. The Enphase Energy System, powered by IQ Microinverters, IQ Batteries and other products and services, is an integrated solar, storage and energy management offering that enables self-consumption. The Company also offers a predictive software platform dedicated to simplifying the cleantech service landscape.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.