Enphase Energy Stockholders Approve Key Decisions at Meeting

Enphase Energy ( (ENPH) ) just unveiled an update.

On May 14, 2025, Enphase Energy held its Annual Meeting of Stockholders, where several key decisions were made. The stockholders approved an amendment to the 2021 Equity Incentive Plan, increasing the number of shares reserved for issuance by 4,000,000. Additionally, Steven J. Gomo and Thurman John Rodgers were elected as directors, although Rodgers did not receive a majority of votes due to concerns about his commitments. The board will review this matter further. The compensation of named executive officers was approved, and Deloitte & Touche LLP was ratified as the independent public accounting firm for 2025.

The most recent analyst rating on (ENPH) stock is a Buy with a $123.00 price target. To see the full list of analyst forecasts on Enphase Energy stock, see the ENPH Stock Forecast page.

Spark’s Take on ENPH Stock

According to Spark, TipRanks’ AI Analyst, ENPH is a Neutral.

Enphase Energy’s overall score reflects strong financial performance and a positive outlook from recent earnings calls, offset by current technical weaknesses and valuation concerns. The company’s solid profitability and strategic innovations are significant strengths, but moderate leverage and market challenges such as tariffs and declining US revenue pose risks. The technical analysis indicates bearish momentum, and the high P/E ratio suggests the stock may be overvalued.

To see Spark’s full report on ENPH stock, click here.

More about Enphase Energy

Enphase Energy, Inc. operates in the renewable energy industry, focusing on solar energy solutions. The company is known for its microinverter technology, which optimizes the energy output of solar panels and enhances the efficiency of solar energy systems.

Average Trading Volume: 5,401,978

Technical Sentiment Signal: Sell

Current Market Cap: $6.4B

For an in-depth examination of ENPH stock, go to TipRanks’ Stock Analysis page.