Enphase Energy: Navigating Near-Term Challenges with Strategic Growth Initiatives

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2025.10.29 02:55
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Enphase Energy faces near-term challenges, reflected in Jeff Osborne's Hold rating due to below-market expectations for Q4 2025 and Q1 2026, impacted by the expiration of the 25D tax credit and weaker European performance. However, a recovery is anticipated in Q2 2026, supported by prepaid leases, lower interest rates, and new product launches. Positive signs include better-than-expected Q3 results and strategic initiatives like the upcoming IQ9 product and cost reductions with new battery generations. TR | OpenAI also downgraded the stock to Hold with a $39.00 price target.