Wells Fargo Raises PT on Enphase Power, Inc. (ENPH) from $42 to $45

Enphase Power, Inc. (NASDAQ:ENPH) is included in our checklist of the 10 Low cost Lithium Shares to Purchase Based on Hedge Funds.

An meeting line of lithium-ion batteries for power storage options with employees within the background.

Whereas the second-quarter efficiency of Enphase Power, Inc. (NASDAQ:ENPH) confirmed regular progress, the corporate’s forward-looking momentum gained analysts’ consideration. The corporate reported monetary outcomes for Q2 2025 on July 22, 2025.

The corporate continued its progress in power resilience and sensible residence integration with $363.2 million in income, 1.53 million microinverters shipped, and document IQ Battery volumes within the second quarter. Though Q2 steerage stays delicate, Wells Fargo, on July 24, 2025, elevated its worth goal on ENPH from $42 to $45, citing improved readability for 2026 and long-term progress potential.

Digging deeper into the corporate’s Q2 efficiency, Enphase Power, Inc. (NASDAQ:ENPH) expanded its world footprint. Its IQ EV chargers reached extra European markets, and balcony photo voltaic kits had been launched in Belgium and Germany. Moreover, by securing tax incentives beneath the Inflation Discount Act, the corporate progressed effectively with its U.S. manufacturing. With 2026 anticipated to be a essential 12 months for the corporate, it’s included in our checklist of low cost lithium shares.

Enphase Power, Inc. (NASDAQ:ENPH) is a worldwide power expertise firm, supplying microinverter-based photo voltaic and battery techniques. It’s included in our checklist of low cost lithium shares.

Whereas we acknowledge the potential of ENPH as an funding, we imagine sure AI shares provide better upside potential and carry much less draw back danger. For those who’re on the lookout for an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.

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