Enphase Energy (ENPH) to Release Quarterly Earnings on Tuesday

Enphase Energy (NASDAQ:ENPH - Get Free Report) is projected to post its Q4 2024 quarterly earnings results after the market closes on Tuesday, February 4th. Analysts expect Enphase Energy to post earnings of $0.72 per share and revenue of $377.51 million for the quarter. Enphase Energy has set its Q1 2025 guidance at EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last posted its earnings results on Tuesday, February 4th. The semiconductor company reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.15). Enphase Energy had a net margin of 4.91% and a return on equity of 10.56%. On average, analysts expect Enphase Energy to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Enphase Energy Price Performance

NASDAQ ENPH traded down $0.99 during trading hours on Wednesday, reaching $65.26. The company's stock had a trading volume of 8,280,642 shares, compared to its average volume of 3,879,852. Enphase Energy has a 1-year low of $58.33 and a 1-year high of $141.63. The firm has a market capitalization of $8.82 billion, a price-to-earnings ratio of 148.32, a P/E/G ratio of 8.22 and a beta of 1.68. The company has a debt-to-equity ratio of 1.29, a current ratio of 4.16 and a quick ratio of 3.88. The company's 50-day moving average is $68.88 and its two-hundred day moving average is $88.95.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Evercore ISI dropped their target price on shares of Enphase Energy from $133.00 to $125.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 23rd. Raymond James reduced their target price on Enphase Energy from $140.00 to $130.00 and set an "outperform" rating for the company in a report on Wednesday, October 23rd. Wells Fargo & Company dropped their price target on Enphase Energy from $101.00 to $83.00 and set an "overweight" rating for the company in a research report on Wednesday, January 8th. Barclays decreased their price objective on Enphase Energy from $114.00 to $91.00 and set an "overweight" rating on the stock in a report on Tuesday, January 14th. Finally, Roth Mkm reduced their target price on shares of Enphase Energy from $130.00 to $100.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $90.79.

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.