Analysts Set Enphase Energy, Inc. (NASDAQ:ENPH) PT at $41.76

Shares of Enphase Energy, Inc. (NASDAQ:ENPH) have earned an average recommendation of “Reduce” from the thirty-one brokerages that are covering the firm, Marketbeat Ratings reports. Thirteen equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $41.7589.

Several research firms have recently weighed in on ENPH. Mizuho downgraded shares of Enphase Energy from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $50.00 to $37.00 in a research note on Thursday, October 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Enphase Energy in a research note on Wednesday, October 8th. Citigroup lowered their target price on shares of Enphase Energy from $32.00 to $31.00 and set a “sell” rating on the stock in a report on Wednesday, October 29th. Barclays raised their price target on Enphase Energy from $29.00 to $33.00 and gave the stock an “underweight” rating in a report on Wednesday, October 8th. Finally, Morgan Stanley decreased their price objective on Enphase Energy from $28.00 to $26.00 and set an “underweight” rating on the stock in a research note on Thursday, October 30th.

Insider Activity

In other news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the stock in a transaction dated Monday, November 10th. The shares were purchased at an average cost of $30.69 per share, with a total value of $153,450.00. Following the completion of the acquisition, the chief executive officer owned 1,635,632 shares in the company, valued at $50,197,546.08. This represents a 0.31% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 3.10% of the company’s stock.

Institutional Trading of Enphase Energy

Hedge funds and other institutional investors have recently bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in Enphase Energy by 431.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 514 shares in the last quarter. Salomon & Ludwin LLC increased its holdings in shares of Enphase Energy by 761.0% in the third quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 761 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of Enphase Energy by 199.7% in the third quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 613 shares during the period. SVB Wealth LLC purchased a new stake in shares of Enphase Energy in the first quarter worth $38,000. Finally, Zions Bancorporation National Association UT bought a new stake in Enphase Energy during the third quarter valued at $40,000. Institutional investors own 72.12% of the company’s stock.

Enphase Energy Stock Performance

Shares of ENPH opened at $30.71 on Monday. The firm has a market cap of $4.02 billion, a PE ratio of 21.18 and a beta of 1.63. The stock’s fifty day moving average price is $35.76 and its two-hundred day moving average price is $38.53. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.04 and a quick ratio of 1.82. Enphase Energy has a 1 year low of $28.86 and a 1 year high of $78.26.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The company had revenue of $410.43 million during the quarter, compared to the consensus estimate of $364.64 million. During the same quarter in the prior year, the company earned $0.65 EPS. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. Enphase Energy has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Enphase Energy will post 2.08 EPS for the current year.

Enphase Energy Company Profile

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.