Enphase (SEDG) projects 2029 revenue of $2.4B and 35% gross margin
Enphase projects revenue of $2.4 billion in 2029 and 35% gross margin, citing growth across core solar/storage markets and an emerging AI factory segment. The company also references U.S. manufacturing and innovation as drivers.
The company says it is positioned for faster growth in its core solar and storage markets, as well as in the emerging AI factory segment. S. manufacturing.