S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit

Enphase Energy - ENPH Stock Forecast, Price & News

$300.91
+5.09 (+1.72%)
(As of 08/5/2022 08:48 PM ET)
Add
Compare
Today's Range
$289.10
$305.88
50-Day Range
$169.60
$300.91
52-Week Range
$113.40
$305.88
Volume
3.67 million shs
Average Volume
3.17 million shs
Market Capitalization
$40.76 billion
P/E Ratio
210.43
Dividend Yield
N/A
Price Target
$262.52

Enphase Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.84 Rating Score
Upside/​Downside
12.8% Downside
$262.52 Price Target
Short Interest
Healthy
3.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.31
Upright™ Environmental Score
News Sentiment
0.76mentions of Enphase Energy in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$41.13 M Sold Last Quarter
Proj. Earnings Growth
33.45%
From $2.81 to $3.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Oils/Energy Sector

113th out of 336 stocks

Semiconductors & Related Devices Industry

42nd out of 113 stocks

ENPH stock logo

About Enphase Energy (NASDAQ:ENPH) Stock

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 services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

Enphase Energy Trading Up 1.7 %

ENPH Stock traded up $5.09 during midday trading on Friday, hitting $300.91. 3,669,754 shares of the company's stock were exchanged, compared to its average volume of 4,163,837. The business has a 50-day simple moving average of $211.58 and a two-hundred day simple moving average of $181.68. The company has a current ratio of 3.62, a quick ratio of 3.35 and a debt-to-equity ratio of 2.66. The stock has a market capitalization of $40.76 billion, a PE ratio of 210.43, a P/E/G ratio of 2.51 and a beta of 1.50. Enphase Energy has a 1-year low of $113.40 and a 1-year high of $305.88.

Enphase Energy (NASDAQ:ENPH - Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The semiconductor company reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.15. Enphase Energy had a return on equity of 56.60% and a net margin of 11.71%. The business had revenue of $530.20 million during the quarter, compared to analysts' expectations of $506.57 million. On average, sell-side analysts predict that Enphase Energy will post 2.81 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Craig Hallum increased their price objective on Enphase Energy from $213.00 to $271.00 and gave the company an "outperform" rating in a report on Wednesday, July 27th. Needham & Company LLC increased their price objective on Enphase Energy from $255.00 to $275.00 and gave the company a "buy" rating in a report on Wednesday, July 27th. Piper Sandler increased their price objective on Enphase Energy from $230.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, July 27th. KeyCorp increased their price objective on Enphase Energy from $220.00 to $230.00 and gave the company an "overweight" rating in a report on Wednesday, July 27th. Finally, Oppenheimer increased their price objective on Enphase Energy to $315.00 and gave the company an "outperform" rating in a report on Wednesday, July 27th. Five analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company's stock. According to MarketBeat, Enphase Energy has an average rating of "Moderate Buy" and an average target price of $262.52.

Insiders Place Their Bets

In other news, CEO Badrinarayanan Kothandaraman sold 77,700 shares of the stock in a transaction dated Friday, June 10th. The shares were sold at an average price of $196.42, for a total transaction of $15,261,834.00. Following the sale, the chief executive officer now owns 1,097,701 shares of the company's stock, valued at $215,610,430.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Richard Mora sold 2,825 shares of the firm's stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of $297.33, for a total value of $839,957.25. Following the sale, the director now owns 1,600 shares of the company's stock, valued at $475,728. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Badrinarayanan Kothandaraman sold 77,700 shares of the stock in a transaction that occurred on Friday, June 10th. The shares were sold at an average price of $196.42, for a total transaction of $15,261,834.00. Following the completion of the transaction, the chief executive officer now owns 1,097,701 shares in the company, valued at $215,610,430.42. The disclosure for this sale can be found here. Insiders have sold 192,497 shares of company stock worth $41,130,902 over the last three months. Company insiders own 4.80% of the company's stock.

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ENPH Stock News Headlines

Enphase Energy (NASDAQ:ENPH) PT Raised to $217.00 at B. Riley
Enphase Energy (NASDAQ:ENPH) Price Target Raised to $290.00
Enphase Energy (NASDAQ:ENPH) PT Raised to $261.00
Enphase Energy (NASDAQ:ENPH) PT Raised to $315.00
See More Headlines
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ENPH Company Calendar

Last Earnings
7/26/2022
Today
8/07/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:ENPH
CUSIP
29355A10
Employees
2,260
Year Founded
2006

Price Target and Rating

Average Stock Price Forecast
$262.52
High Stock Price Forecast
$315.00
Low Stock Price Forecast
$187.00
Forecasted Upside/Downside
-12.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.84
Research Coverage
25 Analysts

Profitability

Net Income
$145.45 million
Pretax Margin
13.01%

Debt

Sales & Book Value

Annual Sales
$1.38 billion
Cash Flow
$2.03 per share
Book Value
$3.33 per share

Miscellaneous

Free Float
128,955,000
Market Cap
$40.76 billion
Optionable
Optionable
Beta
1.50

Social Links















ENPH Stock - Frequently Asked Questions

Should I buy or sell Enphase Energy stock right now?

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 4 hold ratings and 21 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Enphase Energy stock.
View analyst ratings for Enphase Energy
or view top-rated stocks.

What is Enphase Energy's stock price forecast for 2022?

25 Wall Street analysts have issued 1-year price targets for Enphase Energy's shares. Their ENPH stock forecasts range from $187.00 to $315.00. On average, they predict Enphase Energy's stock price to reach $262.52 in the next year. This suggests that the stock has a possible downside of 12.8%.
View analysts' price targets for Enphase Energy
or view top-rated stocks among Wall Street analysts.

How has Enphase Energy's stock performed in 2022?

Enphase Energy's stock was trading at $182.94 on January 1st, 2022. Since then, ENPH shares have increased by 64.5% and is now trading at $300.91.
View the best growth stocks for 2022 here
.

When is Enphase Energy's next earnings date?

Enphase Energy is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our earnings forecast for Enphase Energy
.

How were Enphase Energy's earnings last quarter?

Enphase Energy, Inc. (NASDAQ:ENPH) posted its quarterly earnings data on Tuesday, July, 26th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.15. The semiconductor company had revenue of $530.20 million for the quarter, compared to the consensus estimate of $506.57 million. Enphase Energy had a net margin of 11.71% and a trailing twelve-month return on equity of 56.60%.
Read Enphase Energy's conference call transcript
.

What guidance has Enphase Energy issued on next quarter's earnings?

Enphase Energy issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $590.00 million-$630.00 million, compared to the consensus revenue estimate of $548.79 million.

What is Badri Kothandaraman's approval rating as Enphase Energy's CEO?

33 employees have rated Enphase Energy CEO Badri Kothandaraman on Glassdoor.com. Badri Kothandaraman has an approval rating of 52% among Enphase Energy's employees. This puts Badri Kothandaraman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Enphase Energy own?

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), Block (SQ), SolarEdge Technologies (SEDG), Alibaba Group (BABA), Micron Technology (MU), PayPal (PYPL), Netflix (NFLX) and Salesforce (CRM).

What is Enphase Energy's stock symbol?

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

Who are Enphase Energy's major shareholders?

Enphase Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (1.13%), Allspring Global Investments Holdings LLC (0.53%), TCW Group Inc. (0.33%), IMC Chicago LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.28%) and CIBC Private Wealth Group LLC (0.21%). Company insiders that own Enphase Energy stock include Badrinarayanan Kothandaraman, Benjamin John Kortlang, David A Ranhoff, Eric Branderiz, Jeff Mcneil, Jerry S Lanchbury, Joseph Ian Malchow, Mandy Yang, Moreno Isidoro Quiroga, Richard Mora, Sean E George, Steven J Gomo and Thurman J Rodgers.
View institutional ownership trends for Enphase Energy
.

How do I buy shares of Enphase Energy?

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

What is Enphase Energy's stock price today?

One share of ENPH stock can currently be purchased for approximately $300.91.

How much money does Enphase Energy make?

Enphase Energy (NASDAQ:ENPH) has a market capitalization of $40.76 billion and generates $1.38 billion in revenue each year. The semiconductor company earns $145.45 million in net income (profit) each year or $1.43 on an earnings per share basis.

How many employees does Enphase Energy have?

Enphase Energy employs 2,260 workers across the globe.

When was Enphase Energy founded?

Enphase Energy was founded in 2006.

How can I contact Enphase Energy?

Enphase Energy's mailing address is 47281 BAYSIDE PARKWAY, FREMONT CA, 94538. The official website for Enphase Energy is www.enphase.com. The semiconductor company can be reached via phone at (877) 774-7000, via email at ir@enphaseenergy.com, or via fax at 302-636-5454.

This page (NASDAQ:ENPH) was last updated on 8/8/2022 by MarketBeat.com Staff

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