Enphase Energy (ENPH, Financial) announced its financial results for the first quarter of 2025, revealing revenue figures that fell short of market expectations. The company reported a quarterly revenue of $356.08 million, slightly below the anticipated $360.64 million.
In addition to the revenue report, Enphase highlighted a non-GAAP gross margin of 48.9% for the quarter. During this period, the company successfully shipped roughly 1.53 million microinverters, equivalent to 688.5 megawatts DC. Additionally, approximately 170.1 megawatt hours of IQ Batteries were distributed.
The company's performance in microinverter and battery shipments underscores its ongoing operations in the renewable energy sector, even as it navigates financial challenges and market expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for Enphase Energy Inc (ENPH, Financial) is $70.69 with a high estimate of $105.00 and a low estimate of $44.00. The average target implies an upside of 32.30% from the current price of $53.43. More detailed estimate data can be found on the Enphase Energy Inc (ENPH) Forecast page.
Based on the consensus recommendation from 40 brokerage firms, Enphase Energy Inc's (ENPH, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Enphase Energy Inc (ENPH, Financial) in one year is $105.13, suggesting a upside of 96.76% from the current price of $53.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Enphase Energy Inc (ENPH) Summary page.