Northland Securities Weighs in on Enphase Energy Q1 Earnings

Enphase Energy, Inc. (NASDAQ:ENPH) – Investment analysts at Northland Securities lowered their Q1 2027 EPS estimates for shares of Enphase Energy in a research note issued on Wednesday, July 29th. Northland Securities analyst G. Richard now expects that the semiconductor company will earn $0.16 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Enphase Energy’s current full-year earnings is $0.82 per share. Northland Securities also issued estimates for Enphase Energy’s Q2 2027 earnings at $0.31 EPS, Q3 2027 earnings at $0.48 EPS and Q4 2027 earnings at $0.45 EPS.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.01). Enphase Energy had a net margin of 10.09% and a return on equity of 13.31%. The firm had revenue of $291.85 million for the quarter, compared to analysts’ expectations of $289.76 million. During the same period in the previous year, the firm posted $0.69 EPS. The firm’s quarterly revenue was down 19.6% compared to the same quarter last year.

A number of other equities research analysts also recently commented on the company. BMO Capital Markets reduced their target price on Enphase Energy from $39.00 to $37.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 29th. Evercore set a $37.00 price objective on Enphase Energy in a research report on Monday, May 4th. Roth Capital restated a “buy” rating on shares of Enphase Energy in a report on Friday, May 22nd. TD Cowen reduced their price objective on shares of Enphase Energy from $70.00 to $48.00 and set a “hold” rating on the stock in a report on Monday, July 20th. Finally, UBS Group set a $56.00 target price on shares of Enphase Energy in a research note on Wednesday, July 29th. Eight research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $45.61.

Enphase Energy Trading Up 6.3%

Shares of Enphase Energy stock opened at $41.81 on Wednesday. The stock has a 50 day moving average of $48.62 and a 200 day moving average of $43.88. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.95 and a current ratio of 3.45. The firm has a market capitalization of $5.53 billion, a price-to-earnings ratio of 41.81 and a beta of 1.64. Enphase Energy has a fifty-two week low of $25.77 and a fifty-two week high of $73.74.

Institutional Trading of Enphase Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the business. PFG Investments LLC lifted its position in shares of Enphase Energy by 2.2% during the fourth quarter. PFG Investments LLC now owns 12,191 shares of the semiconductor company’s stock worth $391,000 after purchasing an additional 260 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of Enphase Energy by 77.8% in the fourth 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. Maryland State Retirement & Pension System grew its holdings in shares of Enphase Energy by 1.6% in the fourth quarter. Maryland State Retirement & Pension System now owns 26,375 shares of the semiconductor company’s stock valued at $845,000 after purchasing an additional 404 shares in the last quarter. Rakuten Securities Inc. grew its holdings in shares of Enphase Energy by 33.6% in the second quarter. Rakuten Securities Inc. now owns 1,629 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 410 shares in the last quarter. Finally, Saturna Capital Corp grew its holdings in shares of Enphase Energy by 4.2% in the first quarter. Saturna Capital Corp now owns 10,957 shares of the semiconductor company’s stock valued at $414,000 after purchasing an additional 442 shares in the last quarter. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Richard Mora sold 2,000 shares of Enphase Energy stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $36.76, for a total value of $73,520.00. Following the completion of the sale, the director directly owned 11,922 shares of the company’s stock, valued at approximately $438,252.72. The trade was a 14.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Shanker Trivedi acquired 1,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was purchased at an average price of $53.91 per share, for a total transaction of $53,910.00. Following the acquisition, the director directly owned 1,000 shares in the company, valued at approximately $53,910. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 3,400 shares of company stock worth $150,933 over the last ninety days. Corporate insiders own 2.90% of the company’s stock.

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.