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FREMONT - Enphase Energy, Inc. (NASDAQ:ENPH), a profitable clean energy technology company with $1.48 billion in trailing twelve-month revenue, has started initial shipments of its IQ8P Microinverters to Italy and Switzerland, the company announced Thursday.
The new microinverters, featuring 480W peak output AC power, are designed to support high-powered solar modules up to 670W DC. According to the company, the IQ8P models can manage a continuous direct current of 14 amperes and are the most powerful microinverters Enphase has produced to date.
The microinverters come with a 25-year warranty for activations in both countries and can be integrated with Enphase IQ Batteries to create a complete solar and battery solution.
Michele Celi, technical manager of Link Impianti, an Enphase installer in Italy, said the IQ8P Microinverters help maximize energy production from high-powered solar modules without compromising safety or reliability.
In Switzerland, Lamine Allouache, CEO of Habit’avenir, noted that Swiss homeowners seek high-quality energy solutions with detailed monitoring capabilities.
The product expansion is part of Enphase’s efforts to enhance access to energy solutions in European markets, according to Sabbas Daniel, senior vice president of sales at Enphase Energy.
Enphase Energy, based in Fremont, California, has shipped approximately 83.1 million microinverters globally, with more than 4.9 million Enphase-based systems deployed across over 160 countries, according to the press release statement. Despite recent market challenges that have led to a significant stock price decline, InvestingPro analysis suggests the company is currently undervalued, with 12 additional exclusive insights available to subscribers. For detailed analysis and valuation metrics, check out the comprehensive Pro Research Report, available among 1,400+ top stocks on InvestingPro.
In other recent news, Enphase Energy reported its second-quarter 2025 earnings, surpassing both earnings per share (EPS) and revenue forecasts. The company achieved an EPS of $0.69, exceeding the anticipated $0.64, and reported revenue of $363.2 million, slightly above the expected $361.89 million. Despite these positive results, Enphase Energy has adjusted its revenue guidance downward, which has led several analyst firms to revise their price targets. Northland lowered its price target to $52, citing weaker guidance, while Oppenheimer reduced its target to $77, noting slower demand. Goldman Sachs maintained its Sell rating with a $32 price target, even though Enphase’s results exceeded expectations for revenue and earnings. BofA Securities also lowered its price target to $30, pointing to structural weaknesses in the U.S. residential solar market. These developments highlight the mixed reactions from analysts despite the company’s strong quarterly performance.
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