Enphase Energy (NASDAQ:ENPH) Upgraded to “Buy” at HSBC

Enphase Energy (NASDAQ:ENPH) was upgraded by stock analysts at HSBC from a “hold” rating to a “buy” rating in a research note issued on Wednesday, MarketBeat Ratings reports. The firm presently has a $52.00 price objective on the semiconductor company’s stock. HSBC’s price objective points to a potential upside of 1.33% from the stock’s current price.

Several other research firms have also weighed in on ENPH. Oppenheimer raised their target price on Enphase Energy from $67.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday. Raymond James Financial assumed coverage on shares of Enphase Energy in a research note on Monday, January 12th. They set a “market perform” rating on the stock. Susquehanna reiterated a “neutral” rating and set a $46.00 price objective on shares of Enphase Energy in a research note on Wednesday. Wall Street Zen cut Enphase Energy from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Royal Bank Of Canada upgraded Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 target price for the company in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $44.16.

Enphase Energy Stock Performance

Shares of NASDAQ ENPH traded up $14.04 during trading on Wednesday, reaching $51.32. The stock had a trading volume of 27,213,330 shares, compared to its average volume of 7,467,400. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.88 and a current ratio of 2.04. The stock has a market cap of $6.72 billion, a PE ratio of 35.27 and a beta of 1.37. Enphase Energy has a one year low of $25.77 and a one year high of $70.78. The firm’s 50 day moving average price is $33.81 and its two-hundred day moving average price is $34.42.

Enphase Energy (NASDAQ:ENPH) last posted its earnings results on Tuesday, February 3rd. The semiconductor company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.52 by $0.19. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The company had revenue of $343.32 million during the quarter, compared to analyst estimates of $340.45 million. During the same period in the prior year, the company earned $0.94 earnings per share. The business’s revenue was down 10.3% compared to the same quarter last year. On average, research analysts forecast that Enphase Energy will post 2.08 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Mandy Yang sold 6,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $33.01, for a total transaction of $198,060.00. Following the transaction, the executive vice president directly owned 68,987 shares of the company’s stock, valued at approximately $2,277,260.87. This trade represents a 8.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the business’s stock in a transaction on Monday, November 10th. The stock was purchased at an average cost of $30.69 per share, with a total value of $153,450.00. Following the purchase, the chief executive officer owned 1,635,632 shares of the company’s stock, valued at $50,197,546.08. This represents a 0.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ENPH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Enphase Energy by 431.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 514 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of Enphase Energy by 77.8% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 350 shares during the period. Salomon & Ludwin LLC grew its stake in Enphase Energy by 761.0% in the third quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 761 shares during the period. Stance Capital LLC bought a new position in Enphase Energy in the third quarter worth $32,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Enphase Energy by 199.7% during the 3rd quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 613 shares in the last quarter. Hedge funds and other institutional investors own 72.12% of the company’s stock.

Key Stories Impacting Enphase Energy

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

• Positive Sentiment: Q4 beat and raised Q1 revenue guide — ENPH reported Q4 EPS of $0.71 (above estimates) and revenue of $343.3M (slightly above consensus); management gave Q1 revenue guidance $270M–$300M vs. consensus ~$262M, which traders read as constructive near-term guidance. Company press release
• Positive Sentiment: Analyst support — TD Cowen raised its price target (to $40) and BMO set a $41 target while maintaining hold calls, reducing near-term sell-side uncertainty and giving buyers cover. Finviz (TD Cowen note) TipRanks (BMO note)
• Positive Sentiment: Sector tailwind — Chinese PV names rallied on reports of SpaceX/Tesla staff visiting suppliers, lifting solar sentiment and helping Enphase as part of the solar/clean-energy group. CNBC
• Neutral Sentiment: Longer-term product opportunity — Enphase continues to promote its bidirectional EV-charging platform and targets volume production in Q4 2026; this is a potential driver but farther out. Business Insider
• Negative Sentiment: Layoffs / cost cuts — Enphase announced cuts of roughly 160+ employees (~6% of workforce), signaling cost actions amid demand weakness; investors may view this as needed restructuring but also evidence of pressure. SolarPowerWorld PV Magazine
• Negative Sentiment: Revenue contraction — While Enphase beat estimates, quarterly revenue was down ~10% year-over-year and EPS declined vs. last year, leaving structural headwinds that some analysts highlight as reasons for cautious ratings. Zacks

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.