FY2026 EPS Forecast for Enphase Energy Reduced by Analyst

Enphase Energy, Inc. (NASDAQ:ENPH) – Analysts at Northland Securities reduced their FY2026 earnings per share (EPS) estimates for Enphase Energy in a report released on Wednesday, October 28th. Northland Securities analyst G. Richard now forecasts that the semiconductor company will earn $0.42 per share for the year, down from their prior forecast of $0.74. The consensus estimate for Enphase Energy’s current full-year earnings is $0.34 per share. Northland Securities also issued estimates for Enphase Energy’s Q4 2026 earnings at $0.02 EPS, Q1 2027 earnings at ($0.04) EPS, Q2 2027 earnings at $0.05 EPS, Q3 2027 earnings at $0.11 EPS, Q4 2027 earnings at $0.06 EPS and FY2027 earnings at $0.18 EPS.

Enphase Energy (NASDAQ:ENPH) last released its earnings results on Tuesday, October 27th. The semiconductor company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.10). Enphase Energy had a net margin of 7.49% and a return on equity of 9.16%. The business had revenue of $293.33 million during the quarter, compared to analyst estimates of $304.59 million. Enphase Energy’s revenue was down 28.5% compared to the same quarter last year. During the same period last year, the business posted $0.90 EPS.

ENPH has been the subject of a number of other research reports. Mizuho set a $34.00 price target on shares of Enphase Energy in a report on Wednesday, October 28th. Jefferies Financial Group set a $30.00 price objective on shares of Enphase Energy in a report on Thursday. Weiss Ratings lowered shares of Enphase Energy from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, October 28th. Barclays dropped their target price on shares of Enphase Energy from $44.00 to $26.00 and set an “equal weight” rating for the company in a report on Wednesday, October 28th. Finally, The Goldman Sachs Group reduced their price target on shares of Enphase Energy from $47.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, October 28th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $35.11.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $27.93 on Monday. The company has a quick ratio of 2.95, a current ratio of 4.09 and a debt-to-equity ratio of 0.46. Enphase Energy has a fifty-two week low of $23.83 and a fifty-two week high of $73.74. The stock has a market cap of $3.70 billion, a PE ratio of 41.69 and a beta of 1.64. The firm’s fifty day simple moving average is $33.41 and its 200-day simple moving average is $40.92.

Insider Buying and Selling at Enphase Energy

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman acquired 10,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were purchased at an average cost of $26.75 per share, with a total value of $267,500.00. Following the purchase, the chief executive officer owned 1,655,632 shares in the company, valued at approximately $44,288,156. The trade was a 0.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Richard Mora sold 1,500 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $40.36, for a total transaction of $60,540.00. Following the completion of the sale, the director directly owned 10,422 shares in the company, valued at approximately $420,631.92. The trade was a 12.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 2.90% of the company’s stock.

Institutional Trading of Enphase Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Saturna Capital Corp increased its stake in shares of Enphase Energy by 4.2% during the 1st quarter. Saturna Capital Corp now owns 10,957 shares of the semiconductor company’s stock worth $414,000 after purchasing an additional 442 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Enphase Energy by 4.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,282 shares of the semiconductor company’s stock worth $389,000 after purchasing an additional 481 shares during the last quarter. Keybank National Association OH raised its position in shares of Enphase Energy by 3.9% during the 1st quarter. Keybank National Association OH now owns 12,733 shares of the semiconductor company’s stock worth $481,000 after purchasing an additional 481 shares during the last quarter. Archer Investment Corp purchased a new stake in Enphase Energy in the 2nd quarter valued at approximately $30,000. Finally, Green Alpha Advisors LLC lifted its stake in Enphase Energy by 4.2% in the 3rd quarter. Green Alpha Advisors LLC now owns 16,974 shares of the semiconductor company’s stock valued at $560,000 after buying an additional 686 shares in the last quarter. Hedge funds and other institutional investors own 72.12% of the company’s stock.

Trending Headlines about Enphase Energy

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

• Positive Sentiment: CEO Badrinarayanan Kothandaraman purchased 10,000 Enphase shares at an average price of $26.75, investing approximately $267,500. The transaction increased his position by 0.61% and may be viewed as a sign of management confidence after the stock’s recent weakness. SEC insider transaction filing
• Positive Sentiment: Trading activity showed elevated demand for bullish call options, with 28,915 contracts purchased—about 33% above average call volume—suggesting some traders are positioning for a further recovery.
• Positive Sentiment: Solar stocks broadly rebounded, with Enphase among the strongest performers after suffering a sharp earnings-related decline the prior week. The sector-wide move provided a favorable backdrop for ENPH. Solar stocks rebound article
• Neutral Sentiment: Some Wall Street analysts continue to see potential in Enphase, helping counter recent sell ratings and price-target reductions. However, investor sentiment remains highly sensitive to guidance and demand trends. Why Enphase Energy stock bounced back
• Negative Sentiment: Analysts trimmed Enphase’s price targets and fiscal 2026 EPS estimates following weak results and disappointing guidance. These revisions signal expectations for slower near-term growth. Citigroup price target reduction EPS estimate reduction
• Negative Sentiment: Enphase’s third-quarter revenue fell 28.5% year over year to $293.3 million, missing expectations, while adjusted EPS of $0.41 also missed consensus. Management’s $240 million next-quarter revenue forecast was well below analysts’ estimates, reinforcing concerns about pressure in core markets. ENPH Q3 deep dive

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.