Enphase Energy, Inc. (NASDAQ:ENPH) is in the top 10 cheap lithium stocks to buy according to hedge funds. Wells Fargo raised its price target on ENPH from $42 to $45. The company reported steady growth in Q2 2025, with $363.2 million in revenue and record IQ Battery volumes.

Enphase Energy, Inc. (NASDAQ:ENPH) continued its growth in energy resilience and smart home integration in Q2. The company expanded globally with IQ EV chargers in more European markets and balcony solar kits in Belgium and Germany. It secured U.S. tax incentives for manufacturing, boosting long-term growth potential.

Enphase Energy, Inc. (NASDAQ:ENPH) is a global energy technology company specializing in microinverter-based solar and battery systems. Despite its potential as an investment, some believe other AI stocks offer greater upside and less risk. For the best short-term AI stock, check out the free report.

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Read more at Yahoo Finance: Wells Fargo Raises PT on Enphase Energy, Inc. (ENPH) from $42 to $45