NASDAQ:ENPHEnphase Energy Stock Price, Forecast & News

Enphase Energy's stock was trading at $41.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ENPH stock has increased by 25.3% and is now trading at $52.32. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Enphase Energy.

Enphase Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Enphase Energy.

Enphase Energy Inc (NASDAQ:ENPH) released its quarterly earnings data on Tuesday, May, 5th. The semiconductor company reported $0.38 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.14. The semiconductor company earned $205.50 million during the quarter, compared to the consensus estimate of $203.31 million. Enphase Energy had a return on equity of 71.56% and a net margin of 31.15%. The company's revenue for the quarter was up 105.3% on a year-over-year basis. During the same quarter last year, the company posted $0.08 EPS. View Enphase Energy's earnings history.

Enphase Energy updated its second quarter 2020 After-Hours earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $115-130 million, compared to the consensus revenue estimate of $150.6 million.

14 brokerages have issued twelve-month price targets for Enphase Energy's shares. Their forecasts range from $41.00 to $120.00. On average, they expect Enphase Energy's share price to reach $61.92 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View analysts' price targets for Enphase Energy.

Media coverage about ENPH stock has been trending very negative recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Enphase Energy earned a news impact score of -3.2 on InfoTrie's scale. They also gave news headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Enphase Energy.

Enphase Energy saw a drop in short interest in June. As of June 30th, there was short interest totaling 12,330,000 shares, a drop of 6.4% from the June 15th total of 13,180,000 shares. Based on an average trading volume of 7,130,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 10.7% of the company's shares are sold short. View Enphase Energy's Current Options Chain.

Some companies that are related to Enphase Energy include Roper Technologies (ROP), Emerson Electric (EMR), Eaton (ETN), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), II-VI (IIVI), Acuity Brands (AYI), Regal Beloit (RBC), Vicor (VICR), EnerSys (ENS), Brady (BRC), Franklin Electric (FELE), Belden (BDC) and Encore Wire (WIRE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Enphase Energy investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Tesla (TSLA), Solaredge Technologies (SEDG), Netflix (NFLX), Square (SQ), Micron Technology (MU), Walt Disney (DIS) and Paypal (PYPL).

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

Enphase Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Polianta Ltd (0.02%), Louisiana State Employees Retirement System (0.02%) and Envestnet Asset Management Inc. (0.00%). 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 Polianta Ltd. Company insiders that have sold Enphase Energy company stock in the last year 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 insider buying and selling activity for Enphase Energy.

ENPH stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, and Envestnet Asset Management Inc.. 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 $52.32.

Enphase Energy has a market capitalization of $6.55 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 427 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]