NASDAQ:ENPH - Enphase Energy Stock Price, Price Target & More

Enphase Energy trades on the NASDAQ under the ticker symbol "ENPH."

Enphase Energy Inc (NASDAQ:ENPH) announced its quarterly earnings data on Tuesday, May, 1st. The semiconductor company reported ($0.01) earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.03. The semiconductor company earned $70 million during the quarter, compared to analysts' expectations of $67.06 million. Enphase Energy's revenue was up 27.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.18) earnings per share. View Enphase Energy's Earnings History.

7 analysts have issued 1 year target prices for Enphase Energy's stock. Their forecasts range from $6.00 to $9.00. On average, they expect Enphase Energy's stock price to reach $7.1667 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Ratings for Enphase Energy.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Enphase Energy saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 13,997,272 shares, an increase of 19.6% from the May 31st total of 11,701,132 shares. Based on an average trading volume of 5,713,421 shares, the days-to-cover ratio is currently 2.4 days. Currently, 20.1% of the shares of the stock are short sold. View Enphase Energy's Current Options Chain.

Some companies that are related to Enphase Energy include Cirrus Logic (CRUS), Solaredge Technologies (SEDG), Viavi Solutions (VIAV), Power Integrations (POWI), Tower Semiconductor (TSEM), Finisar (FNSR), Amkor Technology (AMKR), BE Semiconductor Industrs (BESIY), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Diodes (DIOD), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Oclaro (OCLR) and Inphi (IPHI).

Media headlines about ENPH stock have trended positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Enphase Energy earned a coverage optimism score of 0.32 on Accern's scale. They also gave news coverage about the semiconductor company an impact score of 45.75 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Shares of ENPH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ENPH stock can currently be purchased for approximately $6.63.

Enphase Energy has a market capitalization of $681.82 million and generates $286.17 million in revenue each year. The semiconductor company earns $-45,190,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis. Enphase Energy employs 336 workers across the globe.

Enphase Energy's mailing address is 1420 NORTH MCDOWELL BLVD., PETALUMA CA, 94954. The semiconductor company can be reached via phone at 707-774-7000 or via email at [email protected]