Movement Alert|Enphase Energy Rises 5.17% in Regular Trading, Goldman Sachs Raises Target Price on Solid-State Transformer and AI Data Center Opportunities

Market Focus05-27

On May 27, Enphase Energy rose 5.17% in regular trading, trading at $70.82/share, with trading volume of approximately $129 million, extending its recent strong rebound trajectory.

On the news front, Goldman Sachs published a research report examining the company's solid-state transformer technology and its ability to capitalize on AI data center opportunities. The investment bank maintained a \"Buy\" rating and raised its target price from $51 to $57, estimating revenue potential of up to $910 million and 2030 EPS accretion ranging from $0.21 to $1.75. The company has recently launched a series of new products including the IQ SST distributed solid-state transformer targeting AI data centers and the PowerMatch battery energy-saving technology, successfully entering the emerging AI data center energy storage segment and opening new growth avenues.

The current stock price has already surpassed the prior 52-week high of $64.94, reflecting sustained positive market sentiment around the company's technological positioning and long-term earnings potential.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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