Evercore ISI Group has initiated coverage on Enphase Energy Inc (ENPH) with an In-Line rating, marking the firm's first assessment of the company. The rating reflects their analysis of Enphase's business, industry dynamics, and growth prospects.
Enphase Energy, headquartered in Fremont, California, is a global leader in energy technology. The company designs, develops, manufactures, and sells home energy solutions that manage energy generation, storage, and communications on a single platform. With a market capitalization of $3.5 billion and a P/E ratio of 17.99, Enphase is known for its microinverter-based solar and battery systems that empower consumers to harness solar energy effectively.
The company is gearing up for its upcoming earnings release on July 20, 2026, with an estimated EPS of $0.50 and projected revenues of $303.6 million. In its recent earnings performance, Enphase reported a Q3 2025 EPS of $0.90, surpassing estimates by 36.3%.
Analyst ratings like this one offer insights based on research and financial models. However, they are influenced by various assumptions and estimates that may not always hold true. Investors are encouraged to consider a range of factors, including company fundamentals and market trends, when making decisions. Analyst opinions can evolve as new information emerges, and different analysts may have differing views on the same stock.