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Renewable Energy Stock Suffers as Analysts Pile On
ENPHEnphase(ENPH) Schaeffers Investment Research·2025-04-23 14:40

Enphase Energy Inc (NASDAQ:ENPH) stock is sitting out the broad-market rally today, last seen down 6.8% to trade at 49.98.Therenewableenergyequipmentcompanyreportedfirstquarterearningsandrevenuethatfellshortofexpectations,withCEO BadriKothandaramancitingtariffsasanimpedimenttobusiness,potentiallyreducinggrossmarginsby249.98. The renewable energy equipment company reported first-quarter earnings and revenue that fell short of expectations, with CEO Badri Kothandaraman citing tariffs as an impediment to business, potentially reducing gross margins by 2% in the second quarter. ENPH earlier hit a five-year low of 45.21, and is now down 28% in 2025. In response, no fewer than eight brokerages trimmed their pri ...