Why Enphase Energy, Inc. (ENPH) stock fell 16.0% on Wednesday, October 28, 2026

Enphase Energy, Inc. (ENPH) closed at $24.99, down 16.03% on Wednesday, October 28, 2026, on volume of 26,490,486 shares (5.6× its 3-month average); market value about $3.30B.

What happened: primary sources

Events Nexqual found for ENPH on Wednesday, October 28, 2026 or the trading day before (October 27, 2026):

• Oct 27, 2026: Reported quarterly results (SEC 8-K) for the quarter ended Sep 30, 2026: EPS $0.41 vs consensus $0.50 (miss), on the analysts' basis (usually adjusted, not GAAP). source
• Oct 27, 2026: SEC 10-Q: Quarterly report, period ended Sep 30, 2026 source
• Oct 28, 2026: JP Morgan: Target lowered, Neutral, price target $35 → $29
• Oct 28, 2026: BMO Capital: Target lowered, Market Perform, price target $28 → $25
• Oct 28, 2026: Goldman Sachs: Target lowered, Buy, price target $47 → $40
• Oct 28, 2026: RBC Capital: Target lowered, Outperform, price target $41 → $30
• Oct 28, 2026: Wells Fargo: Target lowered, Overweight, price target $44 → $34
• Oct 28, 2026: Susquehanna: Target lowered, Neutral, price target $35 → $26

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on ENPH

ENPH stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: October 28, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built October 28, 2026 at 22:05 UTC. Not investment advice.

Data source: Nexqual. Last updated: October 28, 2026 at 22:05 UTC. This page is informational and not investment advice.

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