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Enphase Energy, Inc. (NASDAQ:ENPH) is included among the 15 Best American Energy Stocks to Buy According to Wall Street Analysts.

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.

While we acknowledge the potential of ENPH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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