Key Points Enphase's revenue soared in Q3 2025 to its highest level in two years. The company expects a slow start to 2026. Analysts revised their price targets downward. 10 stocks we like better than Enphase Energy › Beating analysts' estimates, Enphase Energy (NASDAQ: ENPH) reported revenue of $410.4 million and adjusted earnings per share (EPS) of$0.90. While the solar company shone brightly in the third quarter of 2025, management is bearish on the company's outlook for the first quarter of ...