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) released its earnings results on Tuesday, May, 1st. The semiconductor company reported ($0.01) EPS for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.03. The semiconductor company earned $70 million during the quarter, compared to the consensus estimate of $67.06 million. The firm's revenue was up 27.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.18) EPS. View Enphase Energy's Earnings History.

7 analysts have issued twelve-month target prices for Enphase Energy's stock. Their predictions range from $6.00 to $9.00. On average, they anticipate Enphase Energy's share price to reach $7.1667 in the next twelve months. This suggests a possible upside of 6.0% 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 in 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 daily volume of 5,713,421 shares, the days-to-cover ratio is currently 2.4 days. Approximately 20.1% of the company's stock are sold short. 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), Amkor Technology (AMKR), BE Semiconductor Industrs (BESIY), Finisar (FNSR), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), Diodes (DIOD), Synaptics (SYNA), MACOM Technology Solutions (MTSI), Oclaro (OCLR) and Inphi (IPHI).

Headlines about ENPH stock have trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Enphase Energy earned a media sentiment score of 0.24 on Accern's scale. They also assigned news stories about the semiconductor company an impact score of 47.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate 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 $6.76.

Enphase Energy has a market capitalization of $654.70 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]