Enphase Energy, Inc. (NASDAQ:ENPH) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Enphase Energy, Inc. has received a consensus rating of "Reduce" from analysts, with twelve sell ratings, thirteen holds, and ten buy ratings among thirty-five research firms assessing the stock.
• Goldman Sachs has downgraded its price target for Enphase Energy shares from $77.00 to $32.00, while Deutsche Bank lowered its target from $49.00 to $42.00 with a hold rating.
• Despite a slight decline of 0.1% in trading, Enphase Energy reported $0.69 earnings per share for the last quarter, exceeding estimates, with a year-over-year revenue increase of 19.7%.

Shares of Enphase Energy, Inc. (NASDAQ:ENPH - Get Free Report) have earned a consensus recommendation of "Reduce" from the thirty-five research firms that are currently covering the firm, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $55.5419.

Several research analysts recently weighed in on ENPH shares. The Goldman Sachs Group reaffirmed a "sell" rating and issued a $32.00 target price (down previously from $77.00) on shares of Enphase Energy in a report on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Enphase Energy from $49.00 to $42.00 and set a "hold" rating on the stock in a research note on Thursday, July 24th. KeyCorp reiterated an "underweight" rating and issued a $31.00 price target on shares of Enphase Energy in a research note on Tuesday, June 17th. Glj Research decreased their price target on shares of Enphase Energy from $31.11 to $19.80 and set a "sell" rating on the stock in a research note on Tuesday, July 22nd. Finally, Royal Bank Of Canada set a $28.00 price target on shares of Enphase Energy and gave the stock a "sector perform" rating in a research note on Wednesday, June 18th.

Enphase Energy Trading Down 0.1%

Shares of Enphase Energy stock opened at $38.42 on Friday. The company has a market capitalization of $5.02 billion, a P/E ratio of 30.02 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 company has a fifty day moving average of $36.38 and a 200 day moving average of $44.39. Enphase Energy has a fifty-two week low of $29.89 and a fifty-two week high of $118.13.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.07. The company had revenue of $363.15 million during the quarter, compared to the consensus estimate of $359.14 million. Enphase Energy had a net margin of 11.78% and a return on equity of 24.55%. Enphase Energy's quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 EPS. Enphase Energy has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Enphase Energy will post 2.08 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Institutional Trading of Enphase Energy

Hedge funds have recently made changes to their positions in the business. CX Institutional purchased a new stake in shares of Enphase Energy during the 1st quarter valued at about $29,000. First Horizon Advisors Inc. raised its position in shares of Enphase Energy by 83.0% during the 1st quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company's stock valued at $35,000 after buying an additional 258 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of Enphase Energy during the 1st quarter valued at about $38,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of 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 valued at $25,000 after buying an additional 514 shares in the last quarter. Finally, Brooklyn Investment Group raised its position in shares of Enphase Energy by 124.7% during the 1st quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company's stock valued at $41,000 after buying an additional 368 shares in the last quarter. 72.12% of the stock is currently 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.

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