Enphase Energy, Inc. (NASDAQ:ENPH) Receives Average Recommendation of "Reduce" from Analysts

Key Points

• Enphase Energy, Inc. has received an average recommendation of "Reduce" from analysts, with thirteen firms recommending a sell and only one issuing a strong buy.
• The stock's average twelve-month price target among brokerages is approximately $52.98, with recent target revisions ranging from $19.80 to $45.00.
• Enphase reported earnings of $0.69 per share for the last quarter, beating analyst estimates and showing a 19.7% increase in revenue year-over-year.

Enphase Energy, Inc. (NASDAQ:ENPH - Get Free Report) has earned an average rating of "Reduce" from the thirty-seven ratings firms that are currently covering the stock, Marketbeat reports. Thirteen research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $52.9835.

Several brokerages recently weighed in on ENPH. Jefferies Financial Group restated a "hold" rating and set a $41.00 price objective on shares of Enphase Energy in a research report on Monday, September 29th. Wells Fargo & Company boosted their target price on Enphase Energy from $42.00 to $45.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. TD Cowen reduced their price target on shares of Enphase Energy from $45.00 to $40.00 and set a "hold" rating on the stock in a research note on Wednesday, July 23rd. Susquehanna decreased their price target on shares of Enphase Energy from $40.00 to $37.00 and set a "neutral" rating on the stock in a report on Monday. Finally, Glj Research increased their price objective on shares of Enphase Energy from $19.80 to $23.49 and gave the company a "sell" rating in a research note on Tuesday, September 23rd.

Enphase Energy Price Performance

Shares of NASDAQ:ENPH opened at $37.54 on Thursday. The firm has a 50 day moving average of $36.64 and a 200-day moving average of $41.49. Enphase Energy has a 12 month low of $29.89 and a 12 month high of $93.57. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $4.91 billion, a PE ratio of 29.33 and a beta of 1.56.

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

Insider Activity at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the business's stock in a transaction that occurred on Wednesday, August 6th. The shares were bought at an average price of $30.82 per share, with a total value of $154,100.00. Following the acquisition, the chief executive officer directly owned 1,620,632 shares in the company, valued at $49,947,878.24. The trade was a 0.31% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 3.10% of the company's stock.

Institutional Trading of Enphase Energy

Hedge funds and other institutional investors have recently made changes to their positions in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in Enphase Energy by 431.9% in 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 during the last quarter. CX Institutional acquired a new position in Enphase Energy in the 1st quarter valued at approximately $29,000. First Horizon Advisors Inc. raised its stake in shares of Enphase Energy by 83.0% during the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company's stock valued at $35,000 after acquiring an additional 258 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of Enphase Energy during the first quarter worth $38,000. Finally, Brooklyn Investment Group grew its stake in shares of Enphase Energy by 124.7% in the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 368 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors.

About Enphase Energy

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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