Enphase Energy Cuts 160 Jobs as Solar Tax Credit Expires
Enphase Energy announces 6% workforce reduction and restructuring plan following expiration of federal solar tax credit. Stock drops 3.7% premarket.
Enphase Energy announces 6% workforce reduction and restructuring plan following expiration of federal solar tax credit. Stock drops 3.7% premarket.
Enphase Energy shares surged as investors moved back into clean energy stocks after tariff fears eased. Analyst upgrades and improving fundamentals supported the rally.
KeyBanc upgrades Enphase Energy to Sector Weight, saying major risks are already priced in, with limited downside and potential upside from strategic changes.
Northland raises Enphase Energy’s price target and names it a Top Pick for 2026, citing new products and a solar market recovery.
Enphase Energy reports Q3 2025 results, achieving $410.4 million in revenue, record battery shipments, and significant U.S. manufacturing milestones, even while anticipating a "challenging" Q4.