Workflow
Smart Charger
icon
Search documents
Jefferies Raises Its Price Target for Enphase Energy Inc. (ENPH) to $41.00, Maintains Hold Rating
Yahoo Financeยท 2025-10-01 23:21
Core Insights - Enphase Energy Inc. (NASDAQ:ENPH) is recognized as one of the 10 Most Promising Green Stocks by Wall Street Analysts, bolstered by hedge fund interest and analyst-rated potential [1] Group 1: Analyst Ratings and Price Target - Jefferies raised its price target for Enphase Energy Inc. from $36 to $41 while maintaining a Hold rating, citing a strengthening forecast for residential solar [2] - Despite the positive short-term revenue estimates for the next two quarters being above consensus, Jefferies expressed caution regarding longer-term growth expectations [2] Group 2: Product Development and Market Position - Enphase Energy announced at RE+ 2025 in Las Vegas that it has begun taking pre-orders for its IQ EV Charger 2 in the U.S., with shipments expected in November [3] - The IQ EV Charger 2 features a capacity of 19.2 kW for residential use and 22.1 kW for commercial use, and can operate independently or alongside Enphase's solar and battery systems [4] - The introduction of new products and positive analyst revisions underscore Enphase's commitment to solidifying its position in the recovering clean energy industry [4] Group 3: Company Overview - Enphase Energy, along with its subsidiaries, develops and markets integrated home energy solutions for the solar photovoltaic sector in both domestic and international markets [5]