Enphase Energy (ENPH) Stock: What Wall Street Expects from Earnings Today
TLDR
- Enphase reports Q2 2026 earnings after the close Tuesday, with analysts expecting EPS of $0.47 and revenue of $290 million
- That would mark a 32% drop in earnings and 20% decline in revenue year-over-year
- GLJ Research holds a Sell rating with a $24.47 price target, below the current price of ~$36
- Wall Streetโs consensus price target is $48.93, implying ~29% upside from current levels
- Key watch items: U.S. residential solar demand, European battery growth, and IQ9 microinverter traction
Enphase Energy reports second-quarter results after Tuesdayโs market close, and expectations are modest at best. The stock trades around $36, down sharply from its 52-week high of $73.74.
Analysts expect EPS of $0.47 on revenue of $290 million for the quarter ended June 30. That would be a 32% drop in earnings and a 20% fall in revenue compared to the same period last year.
On a sequential basis, revenue would edge up about 2.5% from Q1โs $282.9 million โ a small positive in an otherwise tough backdrop.
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