Enphase Energy slightly beats Q4 revenue expectations
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Enphase Energy reported Q4 revenue of $343.30 million, slightly exceeding analyst expectations of $340.59 million. The adjusted EPS was $0.71, beating the forecast of $0.58. The company anticipates Q1 2026 revenue between $270 million and $300 million, with GAAP gross margins projected at 40%-43%. Increased U.S. demand for solar and battery installations and new product launches contributed to the results. Analysts currently rate the stock as a "hold" with a median 12-month price target of $37.00, reflecting a slight increase from its recent trading price of $36.47.
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