Enphase Energy Stock Forecast, Price & News

Enphase Energy's stock was trading at $41.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ENPH stock has increased by 208.6% and is now trading at $128.85.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Enphase Energy is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Enphase Energy.

Enphase Energy, Inc. (NASDAQ:ENPH) announced its earnings results on Tuesday, October, 27th. The semiconductor company reported $0.30 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.16. Enphase Energy had a net margin of 24.69% and a return on equity of 30.06%.
View Enphase Energy's earnings history.

Enphase Energy issued an update on its fourth quarter 2020 After-Hours earnings guidance on Tuesday, October, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $245-260 million, compared to the consensus revenue estimate of $243.34 million.

17 analysts have issued 12-month price targets for Enphase Energy's stock. Their forecasts range from $49.00 to $142.00. On average, they anticipate Enphase Energy's stock price to reach $105.40 in the next twelve months. This suggests that the stock has a possible downside of 18.2%.
View analysts' price targets for Enphase Energy.

Enphase Energy saw a drop in short interest in the month of October. As of October 15th, there was short interest totaling 10,060,000 shares, a drop of 19.3% from the September 30th total of 12,470,000 shares. Based on an average daily volume of 3,660,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 8.6% of the shares of the company are short sold.
View Enphase Energy's Short Interest.

Some companies that are related to Enphase Energy include Eaton (ETN), Emerson Electric (EMR), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), II-VI (IIVI), Regal Beloit (RBC), Acuity Brands (AYI), Vicor (VICR), EnerSys (ENS), Franklin Electric (FELE), FuelCell Energy (FCEL), Brady (BRC) and Belden (BDC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Enphase Energy investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Square (SQ), SolarEdge Technologies (SEDG), Alibaba Group (BABA), Micron Technology (MU), PayPal (PYPL), Netflix (NFLX) and salesforce.com (CRM).

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

Enphase Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.32%), JPMorgan Chase & Co. (4.83%), Sylebra Capital Ltd (3.32%), State Street Corp (2.08%), Lord Abbett & CO. LLC (1.74%) and Summit Partners Public Asset Management LLC (0.57%). Company insiders that own Enphase Energy stock include Badrinarayanan Kothandaraman, Benjamin John Kortlang, David A Ranhoff, Eric Branderiz, Jeff Mcneil, Mandy Yang, Moreno Isidoro Quiroga, Richard Mora and Thurman J Rodgers.
View institutional ownership trends for Enphase Energy.

ENPH stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Los Angeles Capital Management & Equity Research Inc., ExodusPoint Capital Management LP, Summit Partners Public Asset Management LLC, UBS Asset Management Americas Inc., Squarepoint Ops LLC, and AQR Capital Management LLC. Company insiders that have sold Enphase Energy company stock in the last year include Benjamin John Kortlang, David A Ranhoff, Eric Branderiz, Jeff Mcneil, Mandy Yang, Moreno Isidoro Quiroga, and Thurman J Rodgers.
View insider buying and selling activity for Enphase Energy.

ENPH stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, Sylebra Capital Ltd, Robecosam AG, State Street Corp, Voloridge Investment Management LLC, First Trust Advisors LP, and Retirement Systems of Alabama. Company insiders that have bought Enphase Energy stock in the last two years include Badrinarayanan Kothandaraman, and Eric Branderiz.
View insider buying and selling activity for Enphase Energy.

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, Robinhood, Fidelity, and Charles Schwab.

One share of ENPH stock can currently be purchased for approximately $128.85.

Enphase Energy has a market capitalization of $16.28 billion and generates $624.33 million in revenue each year. The semiconductor company earns $161.15 million in net income (profit) each year or $0.67 on an earnings per share basis. Enphase Energy employs 577 workers across the globe.

The official website for Enphase Energy is www.enphase.com.

Enphase Energy's mailing address is 47281 BAYSIDE PARKWAY, FREMONT CA, 94538. The semiconductor company can be reached via phone at 707-774-7000 or via email at [email protected]