Analysts Set Enphase Energy, Inc. (NASDAQ:ENPH) Price Target at $41.76

Shares of Enphase Energy, Inc. (NASDAQ:ENPH) have earned a consensus rating of “Reduce” from the thirty-one brokerages that are presently covering the company, MarketBeat reports. Thirteen analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $41.7589.

A number of equities analysts recently weighed in on the stock. Glj Research boosted their target price on shares of Enphase Energy from $19.80 to $23.49 and gave the stock a “sell” rating in a report on Tuesday, September 23rd. Loop Capital set a $31.00 price objective on shares of Enphase Energy in a research note on Thursday, October 30th. Evercore ISI set a $33.00 target price on shares of Enphase Energy in a report on Wednesday, October 29th. JPMorgan Chase & Co. reduced their price target on Enphase Energy from $40.00 to $37.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Finally, Citigroup dropped their price objective on Enphase Energy from $32.00 to $31.00 and set a “sell” rating on the stock in a research note on Wednesday, October 29th.

Enphase Energy Stock Performance

Shares of NASDAQ ENPH opened at $28.68 on Monday. The stock has a 50 day moving average price of $35.38 and a 200 day moving average price of $38.34. Enphase Energy has a 52 week low of $28.14 and a 52 week high of $78.26. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.82 and a current ratio of 2.04. The stock has a market capitalization of $3.75 billion, a PE ratio of 19.78 and a beta of 1.63.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The firm had revenue of $410.43 million for the quarter, compared to analyst estimates of $364.64 million. During the same quarter in the previous year, the firm earned $0.65 EPS. The business’s quarterly revenue was up 7.8% on a year-over-year basis. Enphase Energy has set its Q4 2025 guidance at EPS. Analysts predict that Enphase Energy will post 2.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Enphase Energy

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average price of $30.93 per share, for a total transaction of $309,300.00. Following the purchase, the chief executive officer owned 1,630,632 shares in the company, valued at approximately $50,435,447.76. The trade was a 0.62% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Enphase Energy

Several institutional investors and hedge funds have recently modified their holdings of ENPH. Maxi Investments CY Ltd increased its stake in shares of Enphase Energy by 650.0% in the first quarter. Maxi Investments CY Ltd now owns 52,500 shares of the semiconductor company’s stock worth $3,258,000 after purchasing an additional 45,500 shares in the last quarter. Bayforest Capital Ltd lifted its stake in shares of Enphase Energy by 139.8% during the 1st quarter. Bayforest Capital Ltd now owns 12,985 shares of the semiconductor company’s stock valued at $806,000 after buying an additional 7,569 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Enphase Energy by 228.5% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 254,672 shares of the semiconductor company’s stock worth $15,802,000 after buying an additional 177,151 shares during the period. Invesco Ltd. grew its stake in Enphase Energy by 15.5% in the 1st quarter. Invesco Ltd. now owns 5,264,521 shares of the semiconductor company’s stock valued at $326,664,000 after buying an additional 706,656 shares in the last quarter. Finally, FORA Capital LLC bought a new stake in Enphase Energy during the 1st quarter valued at $417,000. 72.12% of the stock is currently owned by institutional investors and hedge funds.

About Enphase Energy

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.