Roth Capital Decreases Earnings Estimates for Enphase Energy

Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) - Stock analysts at Roth Capital reduced their Q1 2026 earnings estimates for shares of Enphase Energy in a research note issued on Wednesday, April 23rd. Roth Capital analyst P. Shen now expects that the semiconductor company will earn $0.40 per share for the quarter, down from their prior estimate of $0.52. The consensus estimate for Enphase Energy's current full-year earnings is $2.08 per share.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last released its earnings results on Tuesday, February 4th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.14. Enphase Energy had a net margin of 7.72% and a return on equity of 15.62%.

A number of other research analysts also recently commented on ENPH. Craig Hallum dropped their price objective on shares of Enphase Energy from $123.00 to $101.00 and set a "buy" rating for the company in a research note on Wednesday, February 5th. Wells Fargo & Company dropped their price objective on shares of Enphase Energy from $75.00 to $65.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Canaccord Genuity Group dropped their price objective on shares of Enphase Energy from $70.00 to $58.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. TD Cowen dropped their price objective on shares of Enphase Energy from $78.00 to $58.00 and set a "buy" rating for the company in a research note on Wednesday, April 23rd. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and set a $54.00 price objective (down previously from $59.00) on shares of Enphase Energy in a research note on Wednesday, April 23rd. Seven investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Enphase Energy has a consensus rating of "Hold" and a consensus target price of $70.54.

Enphase Energy Trading Down 6.7 %

NASDAQ:ENPH traded down $3.19 on Friday, reaching $44.52. The stock had a trading volume of 2,852,784 shares, compared to its average volume of 4,030,691. Enphase Energy has a 12-month low of $44.24 and a 12-month high of $141.63. The firm's fifty day moving average is $57.07 and its two-hundred day moving average is $66.29. The company has a debt-to-equity ratio of 1.44, a current ratio of 3.53 and a quick ratio of 3.28. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 60.16 and a beta of 1.94.

Institutional Investors Weigh In On Enphase Energy

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Enphase Energy by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 16,536,218 shares of the semiconductor company's stock valued at $1,135,707,000 after buying an additional 44,782 shares during the last quarter. Baillie Gifford & Co. grew its position in shares of Enphase Energy by 32.0% during the 4th quarter. Baillie Gifford & Co. now owns 8,371,790 shares of the semiconductor company's stock valued at $574,975,000 after buying an additional 2,028,691 shares during the last quarter. Invesco Ltd. grew its position in shares of Enphase Energy by 43.4% during the 4th quarter. Invesco Ltd. now owns 4,557,865 shares of the semiconductor company's stock valued at $313,034,000 after buying an additional 1,378,978 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Enphase Energy by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 3,429,909 shares of the semiconductor company's stock valued at $234,994,000 after buying an additional 47,593 shares during the last quarter. Finally, Nordea Investment Management AB grew its position in shares of Enphase Energy by 131.6% during the 4th quarter. Nordea Investment Management AB now owns 2,214,999 shares of the semiconductor company's stock valued at $155,360,000 after buying an additional 1,258,778 shares during the last quarter. Institutional investors own 72.12% of the company's stock.

Insider Transactions at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman bought 4,000 shares of the company's stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $46.35 per share, with a total value of $185,400.00. Following the transaction, the chief executive officer now owns 1,598,696 shares of the company's stock, valued at approximately $74,099,559.60. This trade represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Mandy Yang sold 1,319 shares of the business's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $63.32, for a total transaction of $83,519.08. Following the completion of the sale, the chief financial officer now directly owns 78,524 shares of the company's stock, valued at $4,972,139.68. The trade was a 1.65 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.10% of the company's stock.

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.