Enphase Energy (NASDAQ:ENPH) Stock Rating Upgraded by Wall Street Zen

Enphase Energy (NASDAQ:ENPH) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.

Several other research analysts have also recently weighed in on the company. Oppenheimer decreased their price target on Enphase Energy from $86.00 to $77.00 and set an “outperform” rating for the company in a research note on Wednesday, July 23rd. The Goldman Sachs Group restated a “sell” rating and issued a $32.00 price target (down previously from $77.00) on shares of Enphase Energy in a research note on Wednesday, July 9th. Glj Research boosted their price target on Enphase Energy from $19.80 to $23.49 and gave the stock a “sell” rating in a research note on Tuesday, September 23rd. Royal Bank Of Canada set a $28.00 price target on Enphase Energy and gave the stock a “sector perform” rating in a research note on Wednesday, June 18th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $41.00 price target on shares of Enphase Energy in a research note on Monday. Ten research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and twelve have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $55.82.

Enphase Energy Stock Performance

Shares of ENPH opened at $37.01 on Tuesday. The company has a quick ratio of 1.82, a current ratio of 1.97 and a debt-to-equity ratio of 0.65. The business’s 50 day moving average price is $35.97 and its 200-day moving average price is $43.25. Enphase Energy has a 52 week low of $29.89 and a 52 week high of $110.87. The stock has a market cap of $4.84 billion, a P/E ratio of 28.91 and a beta of 1.56.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.07. The business had revenue of $363.15 million for the quarter, compared to analysts’ expectations of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.43 EPS. Enphase Energy has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Enphase Energy will post 2.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were purchased at an average cost of $30.82 per share, with a total value of $154,100.00. Following the acquisition, the chief executive officer directly owned 1,620,632 shares of the company’s stock, valued at $49,947,878.24. This represents a 0.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Enphase Energy

Several hedge funds and other institutional investors have recently modified their holdings of ENPH. GAMMA Investing LLC increased its stake in shares of Enphase Energy by 10,270.1% in the 1st quarter. GAMMA Investing LLC now owns 512,285 shares of the semiconductor company’s stock worth $31,787,000 after purchasing an additional 507,345 shares in the last quarter. Parallel Advisors LLC increased its stake in Enphase Energy by 84.0% in the 1st quarter. Parallel Advisors LLC now owns 2,359 shares of the semiconductor company’s stock worth $146,000 after buying an additional 1,077 shares in the last quarter. Rhumbline Advisers increased its stake in Enphase Energy by 12.8% in the 1st quarter. Rhumbline Advisers now owns 293,168 shares of the semiconductor company’s stock worth $18,191,000 after buying an additional 33,350 shares in the last quarter. Czech National Bank increased its stake in Enphase Energy by 3.9% in the 1st quarter. Czech National Bank now owns 30,436 shares of the semiconductor company’s stock worth $1,889,000 after buying an additional 1,142 shares in the last quarter. Finally, Merit Financial Group LLC purchased a new stake in Enphase Energy in the 1st quarter worth $209,000. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

About Enphase Energy

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.