Citi Maintains Sell Rating on Enphase (ENPH), Lowers Price Target to $43
From Yahoo Finance: 2025-06-05 13:09:00
Citi maintains a ‘Sell’ rating on Enphase Energy, Inc. (NASDAQ:ENPH), lowering price target to $43. Concerns arise over potential impact of US residential solar market uncertainties and proposed legislative changes like the Inflation Reduction Act.
Analysts warn of potential 75% decline in solar installations if bill passes unchanged, impacting Enphase Energy’s EBITDA by up to 60% next year. Business closures and slower innovation could follow, with stock potentially trading in the high teens.
Enphase Energy specializes in home energy solutions, connecting solar generation, energy storage, and management. Despite potential as an investment, analysts suggest exploring other AI stocks for higher returns and limited downside risk.
For more insights on AI stocks, check out the 20 Best AI Stocks To Buy Now and 30 Best Stocks to Invest in According to Billionaires. No disclosure provided in the article.
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