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Technology · Solar · US

Enphase Energy Inc ENPH

$29.08 · close of Nov 9, 2026
AI score · Average · analysis Oct 22, 2025
5.0 of 10

Optionality holds this up; Valuation is the soft spot.

Moat5.0
Management5.0
Valuation3.0
Risk · 10 = lowest5.0
Business model6.0
Optionality7.0
Fair value
AI fair value
—
Base case
—
the single most likely path
Analyst consensus
$40.58
29 analysts · 12-month target
Price
$29.08
The business

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ PowerPack 1500 and related accessories; IQ Combiner, IQ Gateway, and IQ Energy Router; cloud-based monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, installation and solar appointment generation services, and Enphase Care services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

Last report Oct 27, 2026

Write why this business works, set your own fair value, and let the briefing speak only when a rule you wrote is crossed.

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General investment analysis · not personalized advice · the figures carry their dates