ENPH Earnings

ENPH reported its earnings on 2026-02-03, showcasing a revenue of 343.32M against an estimate of 334.58M, resulting in a 2.61% surprise. The EPS was 0.71, surpassing the expected 0.58 by 22.41%. The stock experienced a 38.6% price change on the earnings day and a 34.92% change over the next five days, reflecting market reactions to the results.

Following ENPH's earnings announcement on 2026-02-03, the stock price moved by 38.6% on the day of the release. Over the subsequent five days, it saw a 34.92% change. Historically, ENPH's stock price tends to shift by an average of 5.32% in the 10 days leading up to earnings and -3.45% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate ENPH's annual revenue to reach 253.92M, while the EPS is projected at 0.38. These estimates reflect recent revisions, with revenue estimates revised upward by 0.02% and EPS estimates revised downward by -0.53% over the past three months, indicating analyst expectation in the company's performance.

The correlation between ENPH's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised upward by 0.02%, while EPS estimates moved revised downward by -0.53%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ENPH's stock price typically moves by 5.32% in the 10 days before its earnings and -3.45% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.38 and revenue of 253.92M.

The earnings call revealed declining financial metrics, including reduced operating income and net income, and significant revenue decreases in both U.S. and international markets. Despite optimistic future guidance and product innovations, the lack of specific guidance for Q2 and unclear management responses raise concerns. The negative impact of tariffs and reduced free cash flow further contribute to a negative outlook. The Q&A session did not alleviate these concerns, with management avoiding specific timelines and quantitative details.