ATTENTION ENPH INVESTORS: Contact Berger Montague About an Enphase Energy, Inc. Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Enphase Energy, Inc. for allegedly failing to disclose significant issues regarding channel inventory and overstating revenue prospects during a specific period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Enphase securities from April 22, 2025, to October 28, 2025 [1][2]. - Investors have until April 20, 2026, to seek appointment as lead plaintiff representative [2]. Group 2: Allegations Against Enphase - The complaint claims that Enphase did not disclose elevated channel inventory levels and its inability to manage them effectively [3]. - It is alleged that the company overstated its ability to counteract a decline in demand due to the expiration of the Residential Clean Energy Credit, leading to inflated revenue expectations [3]. Group 3: Financial Impact - On October 28, 2025, Enphase reported weak third-quarter results and anticipated a decline in revenues for the first quarter of 2026 due to excess channel inventory and reduced battery shipments [4]. - Following this announcement, Enphase's share price fell by $5.56, or 15.15%, closing at $31.14 on October 29, 2025 [4].