Enphase Energy (NASDAQ:ENPH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Enphase Energy (NASDAQ:ENPH) from a hold rating to a buy rating in a research report released on Sunday morning.

Several other brokerages have also issued reports on ENPH. The Goldman Sachs Group reiterated a “sell” rating and issued a $32.00 target price (down previously from $77.00) on shares of Enphase Energy in a research report on Wednesday, July 9th. Glj Research dropped their target price on shares of Enphase Energy from $31.11 to $19.80 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Wells Fargo & Company raised their price target on shares of Enphase Energy from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Bank of America decreased their price target on shares of Enphase Energy from $31.00 to $30.00 and set an “underperform” rating on the stock in a research note on Wednesday, July 23rd. Finally, Citigroup decreased their price target on shares of Enphase Energy from $47.00 to $43.00 and set a “sell” rating on the stock in a research note on Thursday, June 5th. Ten research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and twelve have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $55.48.

Enphase Energy Stock Up 2.7%

ENPH stock opened at $38.99 on Friday. The firm has a market cap of $5.10 billion, a PE ratio of 30.46 and a beta of 1.52. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.82 and a current ratio of 1.97. The firm’s fifty day moving average is $36.62 and its 200 day moving average is $44.76. Enphase Energy has a one year low of $29.89 and a one year high of $126.19.

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

Insider Buying and Selling

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

Hedge Funds Weigh In On Enphase Energy

Institutional investors have recently bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in shares of Enphase Energy by 431.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 514 shares during the last quarter. CX Institutional acquired a new stake in shares of Enphase Energy during the first quarter valued at about $29,000. First Horizon Advisors Inc. increased its position in shares of Enphase Energy by 83.0% during the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 258 shares during the last quarter. SVB Wealth LLC acquired a new stake in shares of Enphase Energy during the first quarter valued at about $38,000. Finally, Brooklyn Investment Group increased its position in shares of Enphase Energy by 124.7% during the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 368 shares during the last quarter. 72.12% of the stock is owned by hedge funds and other institutional investors.

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.