ENPH

- Enphase Energy confirmed that its IQ EV Charger 2 already supports the ISO 15118-20 standard required under the EU's AFIR rules from January 2027. This means newly installed and existing units in Europe are positioned to meet upcoming communication and security requirements without hardware changes. - While the charger line appears technically aligned with future regulation, Enphase Energy is dealing with pressure on unit volumes and free cash flow. This raises questions about how much this product momentum can offset weaker demand and more capital intensive operations ahead of the next earnings report. - The focus now shifts to how Enphase Energy's investment narrative holds up as AFIR ready chargers coincide with softer sales trends and tighter cash generation. Scan beyond Enphase Energy and compare its AFIR ready position with other potential beneficiaries in charging and grid tech using the curated 42 power grid technology and infrastructure stocks To own Enphase Energy, you need to believe the firm can turn its solar hardware and software platform into a broader home energy and EV ecosystem. The IQ EV Charger 2 being AFIR ready helps that story, because it shows Enphase is aligned with future EU rules without extra capex on new SKUs or truck rolls. That said, the near term picture still revolves around softer unit demand, pricing pressure and capital hungry operations that have weighed on free cash flow and pushed returns on equity to 11.3%. In the short term, the key catalyst is execution around the October 27 earnings release and how management talks about inventory, installer activity and cash generation. AFIR compliance and over the air update potential are positives for the charger line, but the recent share price decline and Zacks Rank of #4 suggest that many investors are more focused on shrinking margins and slower revenue growth forecasts than on a single product win. There is also a less comfortable angle to the Enphase Energy story once you factor in how those funding and growth trends intersect with ... There's only one way to know the right time to buy, sell or hold Enphase Energy. Head to Simply Wall St's company report for the latest analysis of Enphase Energy's Fair Value. AFIR readiness sits on one side of the story, but the lowest Enphase Energy analysts lean hard into policy risk. They were modeling revenue to drift toward about US$1.1b and earnings near US$121.6 million by 2029, with a 6% annual revenue decline. That is a far gloomier script than consensus. This charger news may push some of those assumptions to be revisited. Readers like you can weigh these contrasting views and decide which version feels closer to reality. Explore 4 other Enphase Energy fair value estimates, including one that suggests it could be worth just $37.41. Disagree with this assessment? Extraordinary investment returns rarely come from following the herd, so go with your instincts. - A great starting point for your Enphase Energy research is our analysis highlighting 3 key rewards that could impact your investment decision. - See our latest analysis for Enphase Energy. The report includes a comprehensive fundamental analysis summarized in a single visual, the Snowflake, making it easy to evaluate Enphase Energy's overall financial health at a glance. If Enphase Energy has sharpened your focus on where regulation, cash generation and product fit intersect, it can help to scan a wider field of opportunities using the Simply Wall St Screener. - If you want quality at a reasonable price, start by reviewing companies that show up in the 29 high quality undervalued stocks and see which ones line up with your own return and risk expectations. - If capital preservation matters most to you, focus on businesses with steadier profiles using the 30 resilient stocks with low risk scores and filter for balance sheets and earnings streams that feel comfortable. - If you prefer to hunt earlier stage opportunities with stronger balance sheets, broaden your watchlist through the 9 elite penny stocks with strong financials and look for smaller enterprises that still pass basic financial checks. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ENPH. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Enphase Energy, Inc. ENPH is scheduled to report third-quarter 2026 results on Oct. 27, 2026, after market close. Enphase Energy reported earnings in line with estimates in the last reported quarter. During the third quarter, Enphase Energy is expected to have benefited from improving demand in the United States and continued momentum in Europe. Higher global sell-through and battery shipments are likely to have supported its performance. In June 2026, Enphase Energy launched its IQ9 residential microinverters across the United States and key European markets, followed by Australia and New Zealand in July. The company also began shipping the IQ9S-3P commercial microinverter. These launches are expected to strengthen its solar portfolio and drive customer adoption and product shipments. Growing demand for battery storage and expansion in the commercial solar market is likely to have supported ENPH's overall performance in the to-be-reported quarter. ENPH's investments in product innovation, battery technology and financing initiatives, along with efforts to improve affordability, are anticipated to have supported its performance. Meanwhile, reciprocal tariffs remain a key headwind, weighing on gross margins and profitability. Cautious distributors, elevated interest rates and macroeconomic uncertainty could also constrain demand. Enphase Energy, Inc. price-eps-surprise | Enphase Energy, Inc. Quote The Zacks Consensus Estimate for ENPH's sales stands at $303.7 million, which suggests a decline of 26% from the year-ago reported number. The consensus estimate for earnings per share is pinned at 47 cents, which indicates a year-over-year fall of 47.8%. The Zacks Consensus Estimate for total megawatts (MWs) shipped is pegged at 694.12 MW, down 11.5% from the figure registered in the year-ago quarter. Our proven model does not conclusively predict an earnings beat for Enphase Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here. Earnings ESP: Enphase Energy's Earnings ESP is +6.38%. You can uncover the best stocks before they're reported with our Earnings ESP Filter. Zacks Rank: Enphase Energy currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank stocks here. Here are three companies from the same sector that have the right combination of elements to post an earnings beat this reporting cycle. SolarEdge Technologies SEDG is set to report third-quarter 2026 earnings on Nov. 4, 2026. It has an Earnings ESP of +198.04% and a Zacks Rank of 3. The Zacks Consensus Estimate for SEDG's earnings is pegged at two cents per share. The consensus estimate for its sales is pegged at $329.1 million, indicating a year-over-year decline of 3.3%. ONEOK OKE is set to report third-quarter 2026 earnings on Oct. 27, 2026. It has an Earnings ESP of +1.74% and a Zacks Rank of 3. The Zacks Consensus Estimate for OKE's earnings is pegged at $1.46 per share. The consensus estimate for its sales is pegged at $11.77 billion, indicating year-over-year growth of 36.3%. Array Technologies ARRY is set to report third-quarter 2026 earnings on Nov. 5, 2026. It has an Earnings ESP of +15.06% and a Zacks Rank of 3. The Zacks Consensus Estimate for ARRY's earnings is pegged at 10 cents per share. The consensus estimate for its sales is pegged at $322.2 million, indicating a year-over-year decline of 18.1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report ONEOK, Inc. (OKE) : Free Stock Analysis Report Array Technologies, Inc. (ARRY) : Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The market expects Nextpower (NXT) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 28, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This solar energy equipment supplier is expected to post quarterly earnings of $1.10 per share in its upcoming report, which represents a year-over-year change of -7.6%. Revenues are expected to be $1.06 billion, up 16.7% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.17% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Nextpower, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.54%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Nextpower will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Nextpower would post earnings of $1.04 per share when it actually produced earnings of $1.20, delivering a surprise of +15.38%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Nextpower doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Among the stocks in the Zacks Solar industry, Enphase Energy (ENPH), is soon expected to post earnings of $0.47 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of -47.8%. This quarter's revenue is expected to be $303.72 million, down 26% from the year-ago quarter. The consensus EPS estimate for Enphase Energy has been revised 10.6% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +10.27%. When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that Enphase Energy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nextpower Inc. (NXT) : Free Stock Analysis Report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The market expects Enphase Energy (ENPH) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 27, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This solar technology company is expected to post quarterly earnings of $0.47 per share in its upcoming report, which represents a year-over-year change of -47.8%. Revenues are expected to be $303.72 million, down 26% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 10.59% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Enphase Energy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +10.27%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Enphase Energy will beat the consensus EPS estimate. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Enphase Energy would post earnings of $0.46 per share when it actually produced earnings of $0.46, delivering no surprise. Over the last four quarters, the company has beaten consensus EPS estimates three times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Enphase Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

- Sunrun drops 5% to a 52-week low near $6.93 with no news catalyst, leaving early November earnings as the next key test. - Enphase and First Solar each slip just 1% while the S&P 500 gains 0.6%, underscoring Sunrun's steep divergence from peers and the broader market. - Sunrun trimmed its full-year outlook as soft residential demand, tariff uncertainty, and the Section 25D tax credit expiration pressure its debt-reliant business model. - Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Enphase Energy didn't make the cut. Enter your email to see the names that beat ENPH. The report is free. Enter your email and see if any of your stocks made the cut. Selling in solar names is concentrating on Sunrun (NASDAQ:RUN), the home solar and battery provider that's falling harder than the rest of its sector. Sunrun stock is at $6.93, down 5% this afternoon after touching $6.91, its lowest price of the past year. Meanwhile, Enphase Energy (NASDAQ:ENPH) stock is down 1% to $30.30, a far softer slide than the one hitting Sunrun stock. First Solar (NASDAQ:FSLR) shares are down 1% to $170.70, moving in step with Enphase Energy stock. The Invesco Solar ETF (NYSEARCA:TAN) is down 2%, showing that the weakness extends across the solar group. Against that background, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.6%, leaving solar out of step with a rising broad market. Sunrun stock is falling harder than Enphase Energy stock, First Solar shares and the Invesco Solar ETF, which sets its move apart from the sector's broader slip. No fresh press release from Sunrun accompanied the decline, so the stock's own trend carries more weight in reading the move. That makes the Q3 2026 results Sunrun is scheduled to report in early November the next clear checkpoint. ------ Free Report, Just Released Why Didn't ENPH Make The Top 10 List? 24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now. And ENPH didn't make the cut! The report is free, and you can see why we think each stock is a top investment today. Enter Your Email and See the Ten → ------ The three companies earn money differently, which explains why they don't always trade in tandem: Sunrun installs home solar and battery systems, largely under long-term leases it finances, while Enphase Energy sells microinverters and First Solar makes utility-scale panels. Sunrun's economics therefore hinge on borrowing costs as well as on what homeowners will sign. For Sunrun, the no-upfront-cost subscription model is sold through power purchase agreements, leases and direct purchases. It is funded by non-recourse asset-level debt securitizations, tax equity partnerships and investment tax credit transfers, so higher capital costs flow straight into unit economics. Customer agreements generate the recurring revenue that supports Sunrun's business. Meanwhile, a third-party asset sale arrangement has driven rapid growth in product sales. Home solar has faced softer residential demand and tariff and trade policy uncertainty on panels and batteries, along with the expiration of the federal Section 25D residential clean energy tax credit and modifications under the One Big Beautiful Bill Act of 2025. Net metering changes remain another risk. Facing that pressure, Sunrun trimmed its full-year outlook for subscriber value and cash generation, citing softer affiliate channel volumes and a slower-than-expected direct sales ramp. Management expects its expanded sales force to reach full productivity, which it says would let the company exit the year at a robust growth rate with higher unit margins. Battery storage is the brighter spot for Sunrun, which describes itself as America's largest provider of home battery storage and cites strong customer demand for storage-first offerings. Its distributed fleet also supplies on-demand dispatchable power through distributed power plant programs for utilities and hyperscalers. Beyond that, Sunrun is piloting a distributed AI data center program that places compute nodes in customer homes. Sunrun's early November results may indicate if the expanded sales force is reaching full productivity. A steadier read on subscriber additions and cash generation could help Sunrun shares find stronger ground. It's worth tracking whether Sunrun stock holds its one-year low before the report, and keeping position sizes modest. Strong home battery interest and new grid programs offer a credible upside case, but policy and demand risks weigh heavily on Sunrun shares. If you have cash sitting in your account right now, give this two minutes. After more than two decades of helping investors beat the market, our top analysts at 24/7 Wall St. put together a definitive report on the Top 10 Stocks To Buy Today. And ENPH wasn't one of them. They combed the entire market. It's not 10 ideas, not 10 stocks everyone is talking about, it's what their research points to as the 10 best stocks to buy right now, and it's free. Read more here and see which stocks made the list -->> Contact [email protected] for any questions or corrections.

A month has gone by since the last earnings report for Enphase Energy (ENPH). Shares have added about 9.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Enphase Energy due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Enphase Energy, Inc. before we dive into how investors and analysts have reacted as of late. Enphase Energy Q2 Earnings Match Estimates, Revenues Decline Y/YEnphase Energy, Inc. reported second-quarter 2026 adjusted earnings of 46 cents per share, which came in line with the Zacks Consensus Estimate. However, the bottom line declined 33.3% from 69 cents in the prior-year quarter.Including one-time adjustments, the company posted GAAP earnings of 27 cents per share, down from 28 cents recorded in the year-ago quarter. Enphase Energy’s second-quarter revenues of $291.9 million missed the Zacks Consensus Estimate of $295 million by 1%. The top line also decreased 19.6% from the prior-year quarter’s reported figure of $363.2 million.The year-over-year plunge was mainly due to weaker sales in the United States. The company’s adjusted gross margin decreased 180 basis points year over year to 46.8%.Adjusted operating expenses rose 2.6% year over year to $79.8 million. The adjusted operating income totaled $56.7 million, down 42.5% from the year-ago quarter. ENPH’s shipments amounted to approximately 1.59 million microinverters and 113.8 megawatt-hours (MWh) of Enphase IQ Batteries.More than 25,000 installers worldwide were certified to install IQ Batteries at quarter-end, up from more than 24,000 in the preceding quarter. Enphase Energy had $529.3 million in cash and cash equivalents as of June 30, 2026 compared with $474.3 million as of Dec. 31, 2025.The net cash flow from operating activities was $143.2 million during the first six months of 2026 compared with $75 million in the prior-year period. For the third quarter of 2026, ENPH expects revenues in the range of $290-$320 million. The Zacks Consensus Estimate for third-quarter revenues is pegged at $315.9 million, which is at the higher end of the company’s guided range.Enphase Energy expects to ship IQ batteries in the range of 130-150 MWh in the third quarter.Adjusted operating expenses are expected between $76 million and $80 million. This excludes approximately $44 million estimated for stock-based compensation expenses, acquisition-related costs and amortization, as well as restructuring and asset impairment charges.The adjusted gross margin is anticipated in the range of 44-47%, excluding stock-based compensation expenses and acquisition-related amortization. It turns out, fresh estimates have trended downward during the past month. The consensus estimate has shifted -13.14% due to these changes. At this time, Enphase Energy has a poor Growth Score of F, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a score of D on the value side, putting it in the bottom 40% for value investors. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Enphase Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

FREMONT, Calif., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that its Board of Directors, excluding Benjamin Kortlang, unanimously voted to retain Mr. Kortlang as a member of the Board of Directors. The decision followed a recommendation by the Nominating and Corporate Governance Committee, excluding Mr. Kortlang, in accordance with Enphase Energy’s Corporate Governance Guidelines. Following a thorough review, the Board, excluding Mr. Kortlang, unanimously reaffirmed its support and highlighted the attributes he brings to the Board: Deep knowledge of Enphase Energy, its technology roadmap, and strategic priorities Experience in capital markets and clean energy investing, together with significant understanding of the residential and commercial energy markets, customer adoption trends, and competitive dynamics Experience in energy and data center infrastructure supporting Enphase Energy’s IQ® SST expansion into AI data centers Unwavering commitment, with perfect attendance at all Board and Committee meetings for the past five years The Board recognizes that the 2026 director vote and stockholder feedback reflect a desire for continued evolution in governance and Board composition. Accordingly, the following actions are underway: In June 2026, Shanker Trivedi was appointed to the Board, adding deep expertise in data centers, cloud infrastructure, and high-performance computing Joseph Malchow will become Chair of the Nominating and Corporate Governance Committee effective immediately, bringing his board and investment experience to the role Mr. Kortlang will continue to serve on the Audit Committee and Strategic Committee, where his experience supports oversight of Enphase Energy’s financial and strategic priorities Enphase Energy will continue active stockholder engagement and evaluate additional governance enhancements in the best interests of stockholders “The Board approached this review with great care and took the stockholder vote seriously,” said Steve Gomo, chair of Enphase Energy’s Board of Directors. “We concluded that Mr. Kortlang’s experience, judgment, independence, and contributions remain valuable to the Board and the company. We also believe Mr. Malchow is well positioned to lead the Nominating and Corporate Governance Committee as we continue to strengthen our governance practices.” About Enphase Energy, Inc. Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://investor.enphase.com. ©2026 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners. Forward-Looking Statements This press release may contain forward-looking statements, including statements related to its corporate governance enhancements. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law. Contact: Zach FreedmanEnphase Energy, Inc.Investor [email protected]

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Enphase Energy stock has delivered a steep 76.1% decline over the past five years, yet current valuation checks now suggest the shares trade at a premium, with both the Discounted Cash Flow (DCF) intrinsic value estimate and market multiples pointing in the same direction. The share price is down 76.1% over five years, which puts extra focus on whether the recent recovery phase is supported by the underlying valuation. Recent work on U.S. based manufacturing and the Kestrel ASIC platform can support expectations for future cash flows, while any disappointment around adoption of these technologies or returns on new capacity may weigh on what investors are willing to pay. Enphase Energy scores 2 out of 6 on broader valuation checks, which leans toward the shares looking expensive rather than a clear bargain. The issue now is whether Enphase Energy's current market price already reflects the value of its U.S. manufacturing push and power electronics platform, or if there is still a margin of safety for new investors. Find out why Enphase Energy's 29.1% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model uses Enphase Energy's projected future cash flows to estimate what the stock could be worth today. For Enphase Energy, the model is built on last twelve month free cash flow of about $156.8 million and assumes that cash flows grow over time rather than shrink. Based on these inputs, the DCF model produces an estimated intrinsic value of about $34 per share. This is below the current share price, which implies the stock trades at roughly a 22.7% premium to the model's fair value. Recent news around Enphase Energy reinforcing U.S. manufacturing and rolling out its Kestrel ASIC platform helps explain why the market is willing to pay more for the stock despite this gap. Overall, the DCF work suggests Enphase Energy stock currently screens as overvalued relative to its modelled cash flows. Our Discounted Cash Flow (DCF) analysis suggests Enphase Energy may be overvalued by 22.7%. Discover 51 high quality undervalued stocks or create your own screener to find better value opportunities. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Enphase Energy. The P/E ratio suits Enphase Energy because it ties the share price directly to the earnings that its power electronics and solar businesses produce today. Enphase Energy trades on a P/E of about 41.3x, which is below the wider semiconductor industry average of roughly 52.6x and well under a peer average near 93.9x. On simple comparisons, that might look like a discount to the broader group. The valuation model used here, which fine tunes the benchmark for Enphase Energy based on its size, margins and risk profile, points to a fair P/E of about 37.2x. The current 41.3x multiple therefore sits above that tailored fair level and suggests investors are paying a premium to what the model implies is reasonable for the stock. On the P/E multiple alone, Enphase Energy stock appears overvalued relative to the level suggested by its tailored fair ratio. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives pick up where the Enphase Energy valuation puzzle leaves off by setting out what kind of future growth, margins and earnings would need to unfold for the stock to be worth materially more or materially less than today's price. Each Narrative links Enphase Energy's potential fair value to a particular combination of catalysts and risks, allowing you to see over time which version of the story is playing out in the real business. Community views on Enphase Energy are split, with one camp focused on upside from product and market expansion while the other leans into policy and competition risks. Bull case: 42% undervalued Read the full Bull Case to see why Enphase Energy could be undervalued Bear case: 55% overvalued Read the full Bear Case to see why Enphase Energy could be overvalued Do you think there's more to the story for Enphase Energy? Head over to our Community to see what others are saying! For Enphase Energy, both the Discounted Cash Flow (DCF) intrinsic value estimate and the tailored P/E work point in the same direction. The stock currently screens as overvalued rather than offering an obvious margin of safety. Broader valuation checks are also weak, which supports the idea that expectations around U.S. manufacturing and the Kestrel ASIC platform are already baked into the price. The key question from here is whether Enphase Energy can deliver the cash flows and earnings that the current premium is implying, or whether sentiment cools if those expectations prove too optimistic. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ENPH. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

SolarEdge Technologies, Inc. SEDG reported a second-quarter 2026 adjusted earnings of 6 cents per share, which beat the Zacks Consensus Estimate of 4 cents by 50%. The result marked a sharp improvement from the year-ago loss of 81 cents per share.Barring one-time adjustments, the company incurred a GAAP loss of 50 cents per share compared with a GAAP loss of $2.13 in the year-ago period. Revenues increased 19.6% year over year to $346.2 million and surpassed the consensus estimate of $343 million by 1.3%. Strong European demand and U.S. commercial and industrial activity offset softness in the U.S. residential market. Battery volume reached 426 megawatt-hours. SolarEdge Technologies, Inc. price-consensus-eps-surprise-chart | SolarEdge Technologies, Inc. Quote Adjusted gross profit rose to $98.7 million from $36.9 million in the prior-year quarter. The adjusted gross margin expanded to 28.6% from 13.1%, representing the sixth consecutive quarter of year-over-year gross margin improvement.The reported margin included a $13.3 million benefit related to tariff matters under the International Emergency Economic Powers Act. Even with that contribution, the widening margin and stronger revenue base helped SolarEdge return to adjusted operating profitability for the first time since the second quarter of 2023.Adjusted operating expenses were $88.5 million compared with $85.2 million a year earlier. However, the improvement in gross profit more than offset the modest increase in expenses, resulting in adjusted operating income of $10.2 million.SEDG had recorded an adjusted operating loss of $48.3 million in the prior-year period. SEDG recognized revenues from approximately 62,600 inverters during the quarter, up from 50,500 in the first quarter. Optimizer volume increased sequentially to nearly 2.49 million units from roughly 2.44 million.Battery volume climbed to 426 megawatt-hours from 331 megawatt-hours in the preceding quarter. The sharp sequential increase supports the strong battery revenue performance and highlights the product category’s growing importance within SEDG’s sales mix. Cash and cash equivalents reached $527.3 million as of June 30, 2026, up from $455.1 million at the end of 2025.As of the same date, total long-term liabilities were $971.1 million compared with $951.2 million as of Dec. 31, 2025.The net cash provided by operating activities in the first six months of 2026 amounted to $35.84 million compared with $26.02 million in the year-ago period. For the third quarter of 2026, the company expects revenues to be between $310 million and $340 million. The midpoint of $325 million implies a sequential decline from the second-quarter level. The Zacks Consensus Estimate is pegged at $377.18 million, higher than the company’s guided range.Adjusted gross margin is projected between 22% and 26%, while adjusted operating expenses are expected in the range of $86 million to $91 million. The guidance excludes potential third-quarter tariff refunds and assumes no significant revenue pull-forward. The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. First Solar, Inc. FSLR reported second-quarter 2026 earnings of $3.92 per share, which beat the Zacks Consensus Estimate of $2.74 by 43.1%. The bottom line increased 23.3% from $3.18 in the year-ago quarter. FSLR’s net sales of $1.06 billion missed the consensus estimate of $1.061 billion by 0.4% and declined 3.7% year over year.Enphase Energy, Inc. ENPH reported second-quarter 2026 adjusted earnings of 46 cents per share, which came in line with the Zacks Consensus Estimate. However, the bottom line declined 33.3% from 69 cents in the prior-year quarter.ENPH’s second-quarter revenues of $291.9 million missed the Zacks Consensus Estimate of $295 million by 1%. The top line also decreased 19.6% from the prior-year quarter’s reported figure of $363.2 million. Canadian Solar Inc. CSIQ is slated to report second-quarter 2026 results on Aug. 27, before market open. The Zacks Consensus Estimate for CSIQ’s second-quarter loss is pegged at $1.01 per share, indicating a year-over-year decline of 90.6%.The Zacks Consensus Estimate for CSIQ’s second-quarter sales is pegged at $1.17 billion, implying a year-over-year decline of 31.2%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report First Solar, Inc. (FSLR) : Free Stock Analysis Report Canadian Solar Inc. (CSIQ) : Free Stock Analysis Report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

First Solar, Inc. FSLR reported second-quarter 2026 earnings of $3.92 per share, which beat the Zacks Consensus Estimate of $2.74 by 43.1%. The bottom line increased 23.3% from $3.18 in the year-ago quarter, aided by gross-margin expansion and a stronger mix of U.S.-made modules. Net sales of $1.06 billion missed the consensus estimate of $1.061 billion by 0.4% and declined 3.7% year over year.Contracted backlog stood at 45.1 gigawatts, valued at about $13.6 billion, through 2030. First Solar, Inc. price-consensus-eps-surprise-chart | First Solar, Inc. Quote In the second quarter, the company’s gross profit was $605 million, which rose 21% from $499.9 million in the year-ago quarter.Total operating expenses jumped 11.8% year over year to $154.6 million.FSLR reported an operating income of $450.4 million compared with $361.6 million in the year-ago quarter. First Solar had $1.69 billion in cash and cash equivalents as of June 30, 2026, down from $2.80 billion as of Dec. 31, 2025.The company had no long-term debt as of the same date compared with $282.6 million as of Dec. 31, 2025.Net cash used in operating activities amounted to $359.8 million during the first six months of 2026 compared with $458.4 million in the year-ago period. FSLR still expects its sales to be in the range of $4.9-$5.2 billion. The Zacks Consensus Estimate for sales is pegged at $5.07 billion, which lies above the midpoint of the company’s guided range.First Solar still expects gross profit to be in the band of $2.4-$2.6 billion. Its operating expenses are anticipated to be in the $610-$635 million range.First Solar projects module shipments to be in the band of 17-18.2 gigawatts. The company expects its 2026 capital expenditure to be in the range of $0.8-$1 billion. First Solar currently carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Enphase Energy, Inc. ENPH reported second-quarter 2026 adjusted earnings of 46 cents per share, which came in line with the Zacks Consensus Estimate. However, the bottom line declined 33.3% from 69 cents in the prior-year quarter.Enphase Energy’s second-quarter revenues of $291.9 million missed the Zacks Consensus Estimate of $295 million by 1%. The top line also decreased 19.6% from the prior-year quarter’s reported figure of $363.2 million. SolarEdge Technologies, Inc. SEDG is slated to report second-quarter 2026 results on Aug. 5, before market open. The Zacks Consensus Estimate for SEDG’s second-quarter earnings is pegged at four cents per share.The Zacks Consensus Estimate for SEDG’s second-quarter sales is pegged at $341.7 million, implying a year-over-year improvement of 18%.Array Technologies ARRY is slated to report second-quarter 2026 results on Aug. 5, after market close. The Zacks Consensus Estimate for ARRY’s second-quarter earnings is pegged at 11 cents per share.The Zacks Consensus Estimate for ARRY’s second-quarter sales is pegged at $323.8 million. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Solar, Inc. (FSLR) : Free Stock Analysis Report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report Array Technologies, Inc. (ARRY) : Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Enphase Energy, Inc. ENPH reported second-quarter 2026 adjusted earnings of 46 cents per share, which came in line with the Zacks Consensus Estimate. However, the bottom line declined 33.3% from 69 cents in the prior-year quarter.Including one-time adjustments, the company posted GAAP earnings of 27 cents per share, down from 28 cents recorded in the year-ago quarter. Enphase Energy’s second-quarter revenues of $291.9 million missed the Zacks Consensus Estimate of $295 million by 1%. The top line also decreased 19.6% from the prior-year quarter’s reported figure of $363.2 million.The year-over-year plunge was mainly due to weaker sales in the United States. Enphase Energy, Inc. price-consensus-eps-surprise-chart | Enphase Energy, Inc. Quote The company’s adjusted gross margin decreased 180 basis points year over year to 46.8%.Adjusted operating expenses rose 2.6% year over year to $79.8 million. The adjusted operating income totaled $56.7 million, down 42.5% from the year-ago quarter. ENPH’s shipments amounted to approximately 1.59 million microinverters and 113.8 megawatt-hours (MWh) of Enphase IQ Batteries.More than 25,000 installers worldwide were certified to install IQ Batteries at quarter-end, up from more than 24,000 in the preceding quarter. Enphase Energy had $529.3 million in cash and cash equivalents as of June 30, 2026 compared with $474.3 million as of Dec. 31, 2025.The net cash flow from operating activities was $143.2 million during the first six months of 2026 compared with $75 million in the prior-year period. For the third quarter of 2026, ENPH expects revenues in the range of $290-$320 million. The Zacks Consensus Estimate for third-quarter revenues is pegged at $315.9 million, which is at the higher end of the company’s guided range.Enphase Energy expects to ship IQ batteries in the range of 130-150 MWh in the third quarter.Adjusted operating expenses are expected between $76 million and $80 million. This excludes approximately $44 million estimated for stock-based compensation expenses, acquisition-related costs and amortization, as well as restructuring and asset impairment charges.The adjusted gross margin is anticipated in the range of 44-47%, excluding stock-based compensation expenses and acquisition-related amortization. Enphase Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. First Solar, Inc. FSLR is scheduled to report second-quarter 2026 results on July 30, after market close. The Zacks Consensus Estimate for FSLR’s earnings is pegged at $2.74 per share, which suggests a year-over-year decline of 13.8%.The consensus estimate for sales stands at $1.06 billion, which indicates a fall of 3.3%.SolarEdge Technologies SEDG is slated to report second-quarter 2026 results on Aug. 5, before market open. The Zacks Consensus Estimate for SEDG’s earnings is pegged at 4 cents per share, which calls for a year-over-year surge of 104.9%.The consensus estimate for sales is pegged at $341.7 million, which indicates an improvement of 18%.Sunrun Inc. RUN is slated to report second-quarter 2026 results on Aug. 5, after market close. The Zacks Consensus Estimate for RUN’s earnings is pegged at 8 cents per share, which suggests a year-over-year decline of 92.5%.The consensus estimate for sales is pegged at $722.9 million, which calls for a jump of 27%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report First Solar, Inc. (FSLR) : Free Stock Analysis Report SolarEdge Technologies, Inc. (SEDG) : Free Stock Analysis Report Sunrun Inc. (RUN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research