Jefferies Raises Its Price Target for Enphase Energy Inc. (ENPH) to $41.00, Maintains Hold Rating

Enphase Energy Inc. (NASDAQ:ENPH) is one of the 10 Most Promising Green Stocks According to Wall Street Analysts, supported by hedge fund interest and analyst-rated potential.

Jefferies Raises Its Price Target for Enphase Energy Inc. (ENPH) to $41.00, Maintains Hold Rating

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On September 29, 2025, Jefferies raised its price target for Enphase Energy Inc. (NASDAQ:ENPH) from $36 to $41, keeping its Hold rating due to the company’s strengthening forecast for residential solar. Jefferies warned that longer-term growth expectations are still questionable, but it did highlight revenue estimates for the next two quarters that are somewhat above consensus.

The news coincided with Enphase Energy Inc. (NASDAQ:ENPH)’s statement at RE+ 2025 in Las Vegas that it has started taking pre-orders for its IQ EV Charger 2 in the United States, with shipments anticipated in November.

The smart charger, which has previously been introduced to the markets in Europe and Asia-Pacific, has a 19.2 kW residential and 22.1 kW commercial capacity and may be used independently or in conjunction with Enphase Energy Inc. (NASDAQ:ENPH) solar and battery systems. Together, the product expansion and analyst revisions highlight Enphase’s efforts to solidify its place in the clean energy industry, which is only now beginning to recover.

Together with its subsidiaries, Enphase Energy, Inc. (NASDAQ:ENPH) creates, develops, produces, and markets integrated home energy solutions for the solar photovoltaic sector in both domestic and foreign markets. It is one of the most promising stocks.

While we acknowledge the potential of ENPH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ENPH and that has 100x upside potential, check out our report about this cheapest AI stock.

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