Enphase Energy, Inc. (NASDAQ:ENPH) Stock Has Average Target Price of $43.11

Shares of Enphase Energy, Inc. (NASDAQ:ENPH) have received an average rating of “Hold” from the twenty-two ratings firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $35.11.

Several research analysts have commented on the company. Northland Securities set a $36.00 target price on Enphase Energy in a report on Wednesday. Roth Capital lowered Enphase Energy from a “buy” rating to a “neutral” rating and set a $30.00 price target on the stock. in a research report on Wednesday, October 28th. TD Cowen decreased their price target on Enphase Energy from $70.00 to $48.00 and set a “hold” rating for the company in a research note on Monday, July 20th. Craig Hallum set a $38.00 price objective on Enphase Energy in a research report on Wednesday. Finally, Susquehanna lowered their price objective on Enphase Energy from $35.00 to $26.00 and set a “neutral” rating for the company in a research report on Wednesday.

Insider Buying and Selling

In other Enphase Energy news, Director Richard Mora sold 1,500 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $40.36, for a total transaction of $60,540.00. Following the completion of the sale, the director owned 10,422 shares of the company’s stock, valued at approximately $420,631.92. This represents a 12.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its holdings in Enphase Energy by 154.9% in the second quarter. Handelsbanken Fonder AB now owns 2,111,158 shares of the semiconductor company’s stock worth $103,953,000 after purchasing an additional 1,283,052 shares during the period. Jupiter Topco LLC acquired a new stake in Enphase Energy in the 2nd quarter valued at $6,766,000. Bank of America Corp DE bought a new stake in Enphase Energy during the 2nd quarter valued at $19,333,000. SIR Capital Management L.P. bought a new stake in Enphase Energy during the 2nd quarter valued at $10,858,000. Finally, Bank of New York Mellon Corp bought a new stake in Enphase Energy during the 2nd quarter valued at $43,921,000. Institutional investors own 72.12% of the company’s stock.

Enphase Energy Stock Performance

Shares of NASDAQ ENPH opened at $25.65 on Monday. The firm has a 50 day moving average price of $33.63 and a two-hundred day moving average price of $40.96. The stock has a market cap of $3.39 billion, a P/E ratio of 38.28 and a beta of 1.44. Enphase Energy has a 52-week low of $23.83 and a 52-week high of $73.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 3.56 and a current ratio of 4.09.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings results on Tuesday, October 27th. The semiconductor company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.10). Enphase Energy had a return on equity of 9.16% and a net margin of 7.49%. The business had revenue of $293.33 million for the quarter, compared to analyst estimates of $304.59 million. During the same quarter last year, the firm posted $0.90 EPS. Enphase Energy’s revenue for the quarter was down 28.5% on a year-over-year basis. As a group, equities analysts forecast that Enphase Energy will post 0.34 EPS for the current year.

Enphase Energy News Roundup

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Enphase entered into an agreement to sell up to $100 million of U.S. advanced manufacturing tax credits. The transaction should provide cash and monetize tax benefits, potentially supporting liquidity during the solar downturn. Enphase Energy enters into tax credit transfer agreement
• Neutral Sentiment: Management is pursuing longer-term opportunities in AI data-center power technology and EV charging while working through excess channel inventory. These initiatives could diversify Enphase beyond residential solar, but investors remain uncertain about their timing and ability to offset near-term weakness. Enphase Energy solar slump and AI data-center ambitions
• Negative Sentiment: Third-quarter adjusted earnings were $0.41 per share, below the $0.51 consensus estimate, while revenue of approximately $293.3 million missed expectations of $304.6 million and fell 28.5% year over year. Fourth-quarter guidance was also described as disappointing, reinforcing concerns about weak solar demand. Why Enphase shares are sliding
• Negative Sentiment: Oppenheimer, BMO Capital Markets, Sanford C. Bernstein and Roth Capital each issued more cautious views or reduced their price targets. The broadening analyst pessimism adds pressure to ENPH after the earnings miss and signals limited confidence in a near-term recovery. Enphase sinks on Q3 miss and analyst downgrades

About Enphase Energy

Enphase Energy, Inc develops and manufactures technology for residential and commercial solar energy systems. Its products include solar microinverters, which convert electricity generated by individual solar panels into usable power, along with integrated energy management technologies designed to improve system performance, monitoring and reliability.

The company also offers battery storage systems, electric vehicle chargers and software that enables customers, installers and utilities to monitor and manage distributed energy resources.