Why Is Enphase Energy Stock Skyrocketing Wednesday?
Enphase Energy, Inc. (NASDAQ: ENPH) stock surged 24.70% to $46.49 in premarket trading following strong Q4 results, reporting revenue of $343.3 million and an adjusted EPS of 71 cents, exceeding estimates. The company issued optimistic Q1 guidance of $270-$300 million, above the $262.2 million consensus. Despite a 43.73% decline over the past year, the stock shows strong short-term momentum, trading above key moving averages. Analysts maintain a Hold rating with a price target averaging $40.80, reflecting mixed sentiment on growth prospects. The next earnings report is scheduled for April 21, 2026.
benzinga_article·