Enphase Energy (NASDAQ:ENPH) Stock Rating Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Enphase Energy (NASDAQ:ENPH) from a hold rating to a sell rating in a research note released on Saturday,Wall Street Zen reports.

A number of other analysts have also weighed in on ENPH. TD Cowen lowered their target price 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. UBS Group set a $56.00 price objective on shares of Enphase Energy in a report on Wednesday, July 29th. Jefferies Financial Group set a $30.00 price objective on shares of Enphase Energy in a report on Thursday. JPMorgan Chase & Co. lowered their price objective on shares of Enphase Energy from $35.00 to $29.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Susquehanna dropped their target price on shares of Enphase Energy from $35.00 to $26.00 and set a “neutral” rating for the company in a research note on Wednesday. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $35.11.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $25.65 on Friday. The stock has a market capitalization of $3.39 billion, a P/E ratio of 38.28 and a beta of 1.64. The company has a current ratio of 4.09, a quick ratio of 2.95 and a debt-to-equity ratio of 0.46. Enphase Energy has a 1 year low of $23.83 and a 1 year high of $73.74. The firm has a 50 day moving average of $33.63 and a 200-day moving average of $40.96.

Enphase Energy (NASDAQ:ENPH) last released 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 the consensus estimate of $304.59 million. During the same quarter last year, the company earned $0.90 earnings per share. The firm’s revenue was down 28.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Enphase Energy will post 0.34 EPS for the current fiscal year.

Insider Activity

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Handelsbanken Fonder AB lifted its position in shares of Enphase Energy by 154.9% during the 2nd quarter. Handelsbanken Fonder AB now owns 2,111,158 shares of the semiconductor company’s stock worth $103,953,000 after buying an additional 1,283,052 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Enphase Energy in the second quarter valued at about $43,921,000. Legal & General Group Plc bought a new position in Enphase Energy in the second quarter valued at about $39,128,000. Encompass Capital Advisors LLC acquired a new position in Enphase Energy during the first quarter worth about $27,234,000. Finally, Palo Duro Investment Partners LP acquired a new position in Enphase Energy during the second quarter worth about $32,665,000. Institutional investors own 72.12% of the company’s stock.

Key Enphase Energy News

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.