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Enphase Energy, Inc. (ENPH)

24.99 -4.77 (-16.03%)
At close: October 28 at 4:00:00 PM EDT
24.87 -0.12 (-0.48%)
Pre-Market: 4:31:23 AM EDT
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ENPH Q3 2026 earnings call
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What's happening with ENPH?

14m ago
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Enphase Energy reported a weak third quarter, with revenue and adjusted EPS (earnings per share) below expectations. Its fourth-quarter outlook implies another sharp decline, while management is pursuing commercial solar, storage, and AI data-center power opportunities. The stock is down 16.03% in the current regular sessionas of October 29, 2026.

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  • Previous Close 29.76
  • Open 23.89
  • Bid 37.24 x 100
  • Ask 41.49 x 100
  • Day's Range 23.83 - 25.95
  • 52 Week Range 23.83 - 73.74
  • Volume 26,570,174
  • Avg. Volume 5,103,889
  • Market Cap (intraday) 3.302B
  • Beta (5Y Monthly) 1.63
  • PE Ratio (TTM) 37.30
  • EPS (TTM) 0.67
  • Earnings Date Oct 27, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 41.99
  • Morningstar Rating Rating available with Stock Picks access

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ PowerPack 1500 and related accessories; IQ Combiner, IQ Gateway, and IQ Energy Router; cloud-based monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, installation and solar appointment generation services, and Enphase Care services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

www.enphase.com

2,872

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Solar

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

ENPH
22.03%
S&P 500 (^GSPC)
13.13%

1-Year Return

ENPH
31.91%
S&P 500 (^GSPC)
12.38%

3-Year Return

ENPH
69.56%
S&P 500 (^GSPC)
88.08%

5-Year Return

ENPH
88.87%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 293.33M
Earnings 23.39M
Profit Margin 7.97%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
100M
200M
300M
0.0%
5.0%
10.0%

Analyst Insights

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Analyst Price Targets

16.00
41.99 Average
24.99 Current
212.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/28/2026
Analyst JP Morgan
Rating Action Maintains
Rating Neutral
Price Action Lowers
Price Target 35 -> 29

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.09%

  • Return on Assets (ttm)

    2.38%

  • Return on Equity (ttm)

    13.00%

  • Revenue (ttm)

    1.33B

  • Net Income Avi to Common (ttm)

    134.02M

  • Diluted EPS (ttm)

    0.67

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    937.71M

  • Total Debt/Equity (mrq)

    51.90%

  • Levered Free Cash Flow (ttm)

    78.32M

Company Insights

Research Reports

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