ENPH Share Price Performance

US$36.72

-0.40 (-1.08%)

US$47.01

Fair Value

US$36.72

-0.40 (-1.08%)

21.9% undervalued

US$47.01

Fair Value

US$36.72

US$47.01

US$76.86

US$119.78

Thu, 13 Aug 26

Fair ValueUS$47.01

Share Pricen/a

ENPH Community Narratives

AnalystConsensusTarget's

Fair Value

Fair Value US$47.01 21.9% undervalued

ENPH: Shifting Market Dynamics Will Drive New Demand For Residential Solar

140

Goran_Damchevski's

Fair Value

Fair Value US$76.86 52.2% undervalued

Market Leadership Amidst Increasing Competition Won't Hurt Solid Revenue Growth

AnalystHighTarget's

Fair Value

Fair Value US$119.78 69.3% undervalued

Decarbonization And Global Policies Will Spur Energy Transformation

About ENPH

Founded: 2006
Employees: 2872
CEO: Badrinarayanan Kothandaraman
WebsiteView website: www.enphase.com

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.

Recent ENPH News & Updates

Announcement • Sep 08

Enphase Energy Builds Power Modules for Full-Scale IQ Solid-State Transformer Racks in Texas

Enphase Energy, Inc. announced that power modules for its IQ Solid-State Transformer (IQ SST) are now being built in the United States to assemble and validate full-scale IQ SST racks. The IQ SST rack is being developed for AI data centers as the industry moves toward 800 VDC power architectures. It is designed to convert medium-voltage AC directly to 800 VDC with sub-millisecond response to dynamic AI loads, helping reduce the need for local battery energy buffering near AI compute racks. The power module is the building block of the IQ SST rack. Hundreds of power modules work together in IQ SST racks with capacities up to 5 MW, creating a distributed solid-state transformer for AI data centers. Enphase is now building the power modules needed to assemble full-scale IQ SST racks and validate the architecture at megawatt scale. Validation spans both power-module and system-level performance, including operation at medium-voltage AC levels from 13,800 to 34,500, full-rack electrical and thermal performance, power-conversion efficiency, distributed control and redundancy, and partial-discharge characterization to validate insulation performance. At the center of each power module is a proprietary high-frequency transformer developed by Enphase’s in-house magnetics team. The transformer carries power across the isolation boundary between the medium- and low-voltage domains, while a fiber-optic link provides the only other connection across that boundary. Each power module also uses gallium nitride (GaN) power-switching technology and Enphase’s custom Kestrel ASIC, its fifth-generation control silicon. Kestrel integrates high-speed power control, sensing, communications, protection, and security, while GaN enables the high-frequency power conversion at the core of the IQ SST architecture. The power modules share form-factor and process commonality with Enphase’s latest IQ Microinverters, providing a path to highly automated production as the program advances toward commercialization. Enphase has shipped approximately 89,400,000 microinverters and has U.S. manufacturing capacity of approximately 12,000,000 microinverters annually. This proven high-volume manufacturing model is designed to scale IQ SST power module manufacturing capacity to tens of gigawatts annually. Enphase plans to assemble complete IQ SST racks in Texas, as full-system validation progresses. The IQ SST is being developed around Enphase’s U.S. footprint, supporting a domestic, scalable supply chain for AI data center power infrastructure. The supply chain is expected to meet applicable federal requirements, including foreign entity of concern (FEOC) requirements. Full-system demonstrations of IQ SST racks are expected in November 2026, with customer pilots planned for 2027.

Recent updates

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Enphase Energy, Inc. Stock Price

ENPH Share Price Performance

ENPH Community Narratives

ENPH: Shifting Market Dynamics Will Drive New Demand For Residential Solar

Market Leadership Amidst Increasing Competition Won't Hurt Solid Revenue Growth

Decarbonization And Global Policies Will Spur Energy Transformation

Market Leadership Amidst Increasing Competition Won't Hurt Solid Revenue Growth

ENPH: Shifting Market Dynamics Will Drive New Demand For Residential Solar

Decarbonization And Global Policies Will Spur Energy Transformation

Falling US Incentives And Rivalry Will Undermine Solar Markets

Trending Discussion

Recently Updated Narratives

Market Leadership Amidst Increasing Competition Won't Hurt Solid Revenue Growth

ENPH: Data Center Power And Storage Expansion Will Drive Repricing

ENPH: AI Power Infrastructure Opportunity Will Drive Future Repricing Potential

Snowflake Analysis

Enphase Energy, Inc. Key Details

About ENPH

Recent ENPH News & Updates

Enphase Energy Starts U.S. Production of AI Data Center Power Modules in Texas

Enphase Energy Builds Power Modules for Full-Scale IQ Solid-State Transformer Racks in Texas

ENPH: Data Center Power And Storage Expansion Will Drive Repricing

Recent updates

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