JPMorgan Chase & Co. Raises Enphase Energy (NASDAQ:ENPH) Price Target to $39.00

Enphase Energy (NASDAQ:ENPH) had its target price raised by investment analysts at JPMorgan Chase & Co. from $33.00 to $39.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential downside of 24.13% from the stock’s previous close.

ENPH has been the subject of a number of other research reports. Loop Capital set a $31.00 target price on Enphase Energy in a report on Thursday, October 30th. Royal Bank Of Canada upgraded shares of Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 price objective on the stock in a research note on Wednesday. Susquehanna reiterated a “neutral” rating and set a $46.00 price objective on shares of Enphase Energy in a research note on Wednesday. Morgan Stanley reiterated an “underweight” rating and set a $30.00 target price on shares of Enphase Energy in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $35.00 price target on shares of Enphase Energy in a research note on Wednesday, January 7th. Nine equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company. According to MarketBeat, Enphase Energy presently has a consensus rating of “Hold” and an average price target of $44.16.

Enphase Energy Trading Up 37.9%

Shares of NASDAQ ENPH traded up $14.12 during midday trading on Wednesday, hitting $51.40. 27,213,330 shares of the company traded hands, compared to its average volume of 7,467,400. The stock has a 50-day moving average price of $33.81 and a 200 day moving average price of $34.42. 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 firm has a market cap of $6.73 billion, a P/E ratio of 35.27 and a beta of 1.37. Enphase Energy has a 12-month low of $25.77 and a 12-month high of $70.78.

Enphase Energy (NASDAQ:ENPH) last released its earnings results on Tuesday, February 3rd. The semiconductor company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $340.45 million. During the same quarter last year, the business posted $0.94 EPS. The firm’s revenue for the quarter was down 10.3% compared to the same quarter last year. As a group, analysts expect that Enphase Energy will post 2.08 earnings per share for the current year.

Insider Buying and Selling

In other Enphase Energy news, Director Thurman J. Rodgers sold 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $29.13, for a total transaction of $4,369,500.00. Following the sale, the director directly owned 1,733,596 shares in the company, valued at $50,499,651.48. This represents a 7.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of Enphase Energy stock in a transaction dated Monday, November 10th. The stock was acquired at an average price of $30.69 per share, for a total transaction of $153,450.00. Following the completion of the acquisition, the chief executive officer owned 1,635,632 shares of the company’s stock, valued at approximately $50,197,546.08. This trade represents a 0.31% increase in their position. The SEC filing for this purchase provides additional information. 3.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Enphase Energy

Several hedge funds and other institutional investors have recently modified their holdings of ENPH. Woodline Partners LP grew its stake in shares of Enphase Energy by 37.9% in the first quarter. Woodline Partners LP now owns 11,191 shares of the semiconductor company’s stock worth $694,000 after acquiring an additional 3,077 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Enphase Energy in the first quarter valued at $121,000. Janney Montgomery Scott LLC boosted its holdings in Enphase Energy by 224.0% during the second quarter. Janney Montgomery Scott LLC now owns 47,168 shares of the semiconductor company’s stock worth $1,870,000 after buying an additional 32,611 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Enphase Energy by 13.3% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 58,113 shares of the semiconductor company’s stock valued at $2,304,000 after buying an additional 6,825 shares in the last quarter. Finally, QRG Capital Management Inc. increased its stake in Enphase Energy by 4.5% in the 2nd quarter. QRG Capital Management Inc. now owns 8,616 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 369 shares in the last quarter. 72.12% of the stock is owned by hedge funds and other institutional investors.

Key Headlines 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

Enphase Energy Company Profile

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.