Jefferies raises PT on Enphase Energy

Enphase Energy

29/09/2025 19:20

** Jefferies raises price target on solar inverter maker Enphase Energy ENPH.O to $41 from $36

     ** The new price target represents a 12.3% upside to the stock's last close

** Brokerage says residential industry prospects appear to be improving and it sees less decline in outlook

** Adds that downward revisions to ENPH's 2027 outlook are likely less than previously feared

** Twelve of 37 brokerages rate the stock "buy" or higher, 15 "hold" and 10 "sell" or lower; their median PT is $40 - LSEG data

** Including session's moves, stock down ~47% YTD

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))