Enphase Energy, Inc. Securities Fraud Investigation

Shamis & Gentile, P.A. is investigating claims on behalf of investors of Enphase Energy, Inc. ("Enphase Energy, Inc." or the "Company") (ENPH). Impacted investors are advised to contact the firm now.

The law firm is investigating whether Enphase Energy and certain of its senior executives misrepresented or failed to disclose material information about the Company’s demand trends, inventory levels, and exposure to shifting U.S. solar-tax incentives between April 22 and October 27, 2025.

On April 22, 2025, Enphase announced first-quarter revenue of $356.1 million and reported shipments of approximately 1.53 million microinverters and 170.1 MWh of IQ Batteries. The Company also highlighted $40 million in “safe harbor” sales booked for the next quarter. Attorneys are examining whether this practice and related disclosures accurately reflected real-time demand or obscured softening market conditions. On July 22, 2025, Enphase reported second-quarter revenue of $363.2 million and told investors on its earnings call that it had “not yet seen a material rush related to the expiring 25D homeowner tax credit.”

On October 28, 2025, Enphase issued its third-quarter results and forecasted fourth-quarter revenue of $310 to $350 million, which was below analyst expectations. The Company also projected a five-point gross-margin impact from tariff-related duties and identified the loss of the 25D homeowner credit as a near term headwind into early 2026.

Following these disclosures, Enphase’s stock fell about 15%, dropping from $36.70 at the close on October 28 to $31.14 on October 29, 2025.

If you purchased or otherwise acquired Enphase (ENPH) securities between April 2025 and October 2025, you may be eligible to seek compensation for your losses. Contact Shamis & Gentile, P.A. today to discuss your options.

Shamis & Gentile, P.A. stands out as an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise and resources enable the firm to resolve disputes in a wide range of matters, including class actions, mass torts and mass arbitrations.

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