15 Best American Energy Stocks to Buy According to Wall Street Analysts

8. Enphase Energy, Inc. (NASDAQ:ENPH

Upside Potential as of April 10: 37.89%

Enphase Energy, Inc. (NASDAQ:ENPH) is a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems

On April 8, Barclays reduced the firm’s price target on Enphase Energy, Inc. (NASDAQ:ENPH) from $35 to $31, while keeping its ‘Underweight’ rating on the shares.

The revision comes ahead of the company’s Q1 2026 report. Barclays noted that the European solar sector has witnessed only a modest near-term boost from the tensions in the Middle East. This situation is unlike the gas-driven price surge back in 2022, as the current electricity prices remain far below the crisis-era highs. The analyst firm believes that the solar demand is ‘still likely mild’.

Enphase Energy, Inc. (NASDAQ:ENPH) is targeting revenue in the range of $270 million to $300 million for the first quarter of 2026. Notably, the company is already approximately 90% booked to the midpoint of its revenue guidance. Enphase expects its GAAP gross margin to be within a range of 40% to 43%, including approximately 5 percentage points of reciprocal tariff impact.