Enphase Energy (NASDAQ:ENPH) Releases Earnings Results, Meets Expectations

Enphase Energy (NASDAQ:ENPH) posted its quarterly earnings data on Tuesday. The semiconductor company reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46, FiscalAI reports. Enphase Energy had a net margin of 9.64% and a return on equity of 16.88%. The firm had revenue of $291.85 million during the quarter, compared to analysts’ expectations of $290.27 million.

Enphase Energy Trading Down 4.4%

ENPH traded down $1.69 during trading on Tuesday, reaching $36.32. 8,524,087 shares of the company’s stock were exchanged, compared to its average volume of 7,092,868. The company’s fifty day moving average price is $51.21 and its 200-day moving average price is $43.79. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.20 and a current ratio of 3.80. Enphase Energy has a fifty-two week low of $25.77 and a fifty-two week high of $73.74. The firm has a market capitalization of $4.79 billion, a PE ratio of 35.96 and a beta of 1.62.

More Enphase Energy News

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

• Positive Sentiment: Enphase reported second-quarter adjusted earnings of $0.46 per share, matching analysts’ expectations, while revenue of $291.85 million modestly exceeded the approximately $290.3 million consensus estimate. The results may support the view that demand is stabilizing in the company’s solar and home-energy businesses. Enphase Energy Stock Rises on Q2 Earnings Beat as Company Accelerates AI Data Center Strategy
• Positive Sentiment: The company is accelerating its AI data-center strategy. Its Kestrel ASIC is designed for high-frequency gallium-nitride power conversion and solid-state transformer applications, potentially giving Enphase exposure to rising electricity and power-management demand from data centers. Enphase Energy Publishes White Paper on Kestrel ASIC
• Neutral Sentiment: Enphase’s profitability remained positive, with a reported net margin of 9.64% and return on equity of 16.88%. However, the earnings-per-share result was a consensus match rather than a material upside surprise. Enphase Energy Second-Quarter Press Release
• Negative Sentiment: Third-quarter revenue guidance of $290 million to $320 million was below the $308.8 million analyst consensus at the midpoint. The outlook suggests limited near-term growth and could offset the modest second-quarter revenue beat. Enphase Energy Reports Second-Quarter 2026 Financial Results
• Negative Sentiment: GLJ Research raised its price target to $24.47 but retained a “sell” rating, implying roughly 33% downside from the referenced trading level. This reinforces investor concerns about valuation and the pace of the solar-market recovery. GLJ Research Raises Enphase Price Target

Analyst Ratings Changes

A number of brokerages have commented on ENPH. Jefferies Financial Group increased their price objective on Enphase Energy from $41.00 to $64.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Citigroup reaffirmed a “neutral” rating on shares of Enphase Energy in a research note on Wednesday, July 22nd. The Goldman Sachs Group upped their price target on Enphase Energy from $51.00 to $57.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft raised their price target on Enphase Energy from $39.00 to $40.00 and gave the company a “hold” rating in a report on Thursday, April 30th. Finally, Evercore set a $37.00 price objective on Enphase Energy in a research report on Monday, May 4th. Nine equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $47.02.

Insider Buying and Selling at Enphase Energy

In related news, Director Shanker Trivedi purchased 1,000 shares of Enphase Energy stock in a transaction dated Friday, June 12th. The shares were acquired at an average cost of $53.91 per share, for a total transaction of $53,910.00. Following the transaction, the director directly owned 1,000 shares of the company’s stock, valued at approximately $53,910. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average cost of $67.50 per share, with a total value of $337,500.00. Following the completion of the purchase, the chief executive officer owned 1,645,632 shares of the company’s stock, valued at $111,080,160. This trade represents a 0.30% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Enphase Energy

Several hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. boosted its holdings in Enphase Energy by 36.2% during the fourth quarter. Invesco Ltd. now owns 3,158,931 shares of the semiconductor company’s stock worth $101,244,000 after buying an additional 839,468 shares during the last quarter. Alberta Investment Management Corp acquired a new position in shares of Enphase Energy during the 4th quarter worth about $1,439,000. Mercer Global Advisors Inc. ADV increased its stake in shares of Enphase Energy by 119.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 25,435 shares of the semiconductor company’s stock valued at $815,000 after acquiring an additional 13,857 shares during the last quarter. Vident Advisory LLC increased its stake in shares of Enphase Energy by 29.4% in the 4th quarter. Vident Advisory LLC now owns 27,228 shares of the semiconductor company’s stock valued at $873,000 after acquiring an additional 6,189 shares during the last quarter. Finally, State of Tennessee Department of Treasury raised its position in shares of Enphase Energy by 1.6% in the 4th quarter. State of Tennessee Department of Treasury now owns 47,802 shares of the semiconductor company’s stock valued at $1,532,000 after acquiring an additional 747 shares during the period. Institutional investors and hedge funds own 72.12% of the company’s stock.

About Enphase Energy

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.