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Apr 29, 2026 12:01 PM

What's Going On With Enphase Energy Stock Wednesday?

Enphase Energy Inc. (NASDAQ:ENPH) shares are trading lower premarket on Wednesday after the company reported mixed first-quarter earnings results after market close on Tuesday.

Earnings Snapshot

The company reported first-quarter revenue of $282.90 million, missing the consensus estimate of $283.72 million, according to Benzinga Pro.

Enphase reported adjusted earnings of 47 cents per share for the quarter, beating estimates of 42 cents per share.

The company shipped around 1.41 million microinverters and 103.1 megawatt hours of IQ batteries in the quarter.

It expects second-quarter revenue to be in the range of $280 million to $310 million, versus estimates of $298.71 million.

Also, the company guided battery shipments of 100–110 MWh and adjusted gross margin of 44%–47% in the second quarter.

The ...