---
title: "Renewable Energy Stock Slides Ahead of Q2 Report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293654443.md"
description: "Enphase Energy (ENPH) shares declined 3.1% to $38.34 ahead of its Q2 earnings report on July 28, despite a Citigroup price target hike to $43. Zacks anticipates EPS of 46 cents and revenue of $290.91 million. Although ENPH has historically dropped after six of the last eight earnings reports, short interest has decreased by 12%. Options traders remain bearish with a high put/call ratio, yet volatility scores suggest higher realized volatility than priced in."
datetime: "2026-07-23T18:25:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293654443.md)
  - [en](https://longbridge.com/en/news/293654443.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293654443.md)
generator: "portal-rs"
---

# Renewable Energy Stock Slides Ahead of Q2 Report

Shares of **Enphase Energy Inc (NASDAQ:ENPH)** are down 3.1% to trade at $38.34, earlier hitting their lowest level since mid-May and now off by 21% for the quarter, despite a price-target hike out of Citigroup to $43. This bull note comes just ahead of the **renewable energy name's** second-quarter earnings, due out after the close on Thursday, July 28.

Zacks research is anticipating a quarterly earnings per share of 46 cents, representing a 33.3% year-over-year increase, on revenue of $290.91 million. ENPH has finished six of its last eight post-earnings sessions lower, but did manage to pop 38.6% after February's report. Analysts estimate a 15.9% swing this time around, regardless of direction, similar to the average two-year post-earnings shift of 15.2%.

Short sellers have been retreating, down 12% during the past two reporting periods. This accounts for 18.4% of the stock's available float, or nearly three days' worth of pent-up buying power. 

In the short term, options traders have been never been more bearish over the last 12 months. This is per ENPH's Shaeffer's put/call open interest ratio (SOIR) of 1.10, which sits in the 100th percentile of its annual range.

Regardless, the equity sports an **Schaeffer's Volatility Scorecards (SVS)** reading of 85 out of 100, suggesting Enphase Energy stock has realized higher volatility than its options have priced in over the past 12 months.

### Related Stocks

- [ENPH.US](https://longbridge.com/en/quote/ENPH.US.md)
- [ENPX.US](https://longbridge.com/en/quote/ENPX.US.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)

## Related News & Research

- [Enphase Energy (ENPH) Enters Commercial Storage As Undervaluation Narrative Holds](https://longbridge.com/en/news/296613568.md)
- [Enphase Energy (ENPH) Opens Preorders For Its First Commercial Battery System](https://longbridge.com/en/news/296376730.md)
- [Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Takes $3.79 Million Position in Enphase Energy, Inc. $ENPH](https://longbridge.com/en/news/296021735.md)
- [ENPHASE PROMISED $370M BUT DELIVERED A $5.56/SHARE LOSS -- SUEWALLST, LLP | ENPH Stock News](https://longbridge.com/en/news/280635184.md)
- [Options Traders Expect a 13% Move in ENPH Stock After Today's Earnings Results](https://longbridge.com/en/news/294099320.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**