BMO Capital Maintains Market Perform on Enphase Energy, Lowers Price Target to $37

Canadian Solar Q2 Loss Wider Than Estimates, Revenues Fall Y/Y

Canadian Solar reported a wider Q2 2026 loss of $1.40 per share despite beating revenue estimates at $1.21 billion. However, revenues declined 28.7% year-over-year due to lower gross margins and reduced module shipments. Battery storage shipments surged 73% year-over-year, showing strength in that segment. The company guided Q3 revenues of $1.30-$1.50 billion with gross margins of 13.5%-15.5%. Other solar companies showed mixed results: Enphase Energy missed revenue expectations with declining earnings, First Solar beat earnings estimates, and SolarEdge Technologies exceeded both earnings and revenue expectations.

Enphase Energy Begins U.S. Pre-Orders For Its First Commercial Battery Storage System, The IQ Battery C80

The all-in-one, AC-coupled system will deliver 80 kWh of usable energy capacity and up to 40 kVA of continuous power in a single, compact enclosure, with battery packs and microinverters fully integrated.IQ Battery C80

Evercore ISI Group Maintains In-Line on Enphase Energy, Raises Price Target to $41

Evercore ISI Group analyst Nicholas Amicucci maintains Enphase Energy (NASDAQ:ENPH) with a In-Line and raises the price target from $37 to $41.

Enphase Energy Announces Launch Of IQ System Controller 3 In Italy, Adding Single-Phase And Three-Phase Backup For IQ Battery 5P Systems