Jefferies Financial Group Cuts Enphase Energy (NASDAQ:ENPH) Price Target to $54.00

NodeGuardian · 2026-03-28T02:27:38+00:00

Jefferies Financial Group lowered its price target for Enphase Energy to $54.00 while keeping a "buy" rating, suggesting a 33.78% upside. This follows a quarterly earnings report that beat EPS estimates but showed a 10.3% revenue decline, causing a 5.1% stock drop.

NodeGuardian

2026-03-28 02:27:38

Abstract generation in progress

Jefferies Financial Group has reduced its price target for Enphase Energy (NASDAQ:ENPH) to $54.00 from $57.00, while maintaining a “buy” rating. This new target implies a potential upside of 33.78% from the stock’s current price, despite the wider Street consensus being a “Hold” with an average target of $43.17. The adjustment follows Enphase Energy’s quarterly earnings report, where it beat EPS estimates but saw revenue decline by 10.3% year-over-year, leading to a 5.1% drop in shares.

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