Zacks Research Lowers Earnings Estimates for Enphase Energy

Enphase Energy, Inc. (NASDAQ:ENPH - Free Report) - Stock analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for shares of Enphase Energy in a report issued on Tuesday, June 24th. Zacks Research analyst R. Department now forecasts that the semiconductor company will earn $0.27 per share for the quarter, down from their prior forecast of $0.30. The consensus estimate for Enphase Energy's current full-year earnings is $2.08 per share. Zacks Research also issued estimates for Enphase Energy's Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.23 EPS, Q1 2026 earnings at $0.30 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.61 EPS, FY2026 earnings at $1.76 EPS, Q1 2027 earnings at $0.45 EPS and FY2027 earnings at $2.16 EPS.

A number of other research analysts have also issued reports on the stock. 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 report on Wednesday, April 23rd. Redburn Atlantic began coverage on shares of Enphase Energy in a research note on Monday, March 3rd. They set a "neutral" rating for the company. Wells Fargo & Company reduced their price objective on shares of Enphase Energy from $65.00 to $42.00 and set an "overweight" rating on the stock in a research note on Friday, June 20th. BNP Paribas Exane downgraded Enphase Energy from a "neutral" rating to an "underperform" rating and set a $40.00 price objective for the company. in a report on Tuesday, May 13th. Finally, Mizuho set a $53.00 target price on Enphase Energy and gave the stock an "outperform" rating in a research report on Monday, June 2nd. Twelve research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $65.44.

Enphase Energy Stock Performance

Shares of ENPH stock opened at $43.00 on Friday. The firm has a market capitalization of $5.64 billion, a price-to-earnings ratio of 39.81 and a beta of 1.69. The company has a current ratio of 1.90, a quick ratio of 1.77 and a debt-to-equity ratio of 0.70. The business's 50-day moving average price is $43.96 and its 200-day moving average price is $56.75. Enphase Energy has a 12 month low of $33.01 and a 12 month high of $130.08.

Insider Buying and Selling

In related news, CEO Badrinarayanan Kothandaraman purchased 4,000 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was acquired at an average cost 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 $74,099,559.60. This represents a 0.25% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Enphase Energy

A number of hedge funds have recently modified their holdings of the stock. Baillie Gifford & Co. raised its stake in Enphase Energy by 32.0% in the 1st quarter. Baillie Gifford & Co. now owns 11,052,357 shares of the semiconductor company's stock valued at $685,799,000 after acquiring an additional 2,680,567 shares during the period. Invesco Ltd. increased its stake in shares of Enphase Energy by 43.4% in the fourth quarter. Invesco Ltd. now owns 4,557,865 shares of the semiconductor company's stock worth $313,034,000 after purchasing an additional 1,378,978 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Enphase Energy by 9,236.6% during the 1st quarter. AQR Capital Management LLC now owns 691,564 shares of the semiconductor company's stock valued at $41,483,000 after buying an additional 684,157 shares in the last quarter. Worldquant Millennium Advisors LLC lifted its stake in shares of Enphase Energy by 531.4% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 805,791 shares of the semiconductor company's stock valued at $55,342,000 after buying an additional 678,163 shares in the last quarter. Finally, Norges Bank bought a new position in Enphase Energy in the 4th quarter worth approximately $46,339,000. Institutional investors own 72.12% 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.

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