** Solar inverter maker Enphase Energy ENPH.O forecast third-quarter revenue below Wall Street estimates on Tuesday and said President Donald Trump's import tariffs had impacted its gross margin
** ENPH shares down 7.8% premarket
ANALYSTS SEE NEAR-TERM MARKET HURDLES
** TD Cowen ("hold,") cuts PT to $40 from $45, sees minimal catalysts in 2H25 as U.S. demand remains soft and safe harbor activity remains unclear in scope/timing
** Roth Capital Partners ("buy," PT:$45) says shares may struggle in the coming quarters until the U.S. residential market along with ENPH finds some footing
** "The stock may not be able to work to the upside until investors can start to have more confidence that ENPH's fundamentals have found a bottom representing an inflection back to growth. We may not see this until mid-2026" - Roth
** J.P. Morgan ("neutral," PT: 37) says it still views ENPH as an industry leader with sustainable above-average margins
** Brokerage maintains rating given the expected shakeout in market dynamics
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.