Enphase Energy ( (ENPH) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Enphase Energy’s stock is experiencing a downturn due to lower-than-expected third-quarter revenue guidance and skepticism about growth projections for 2026, as highlighted by analyst Gordon Johnson. Additionally, concerns about the phaseout of the 25D tax credit and its potential negative impact on the U.S. residential solar market are contributing to this bearish outlook. As a result, the stock maintains a Sell rating with a price target significantly below its current market price.
More about Enphase Energy
YTD Price Performance: -43.25%
Average Trading Volume: 9,057,280
Technical Sentiment Signal: Sell
Current Market Cap: $5.3B
For further insights into ENPH stock on TipRanks’ Stock Analysis page.
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