Enphase Energy (NASDAQ:ENPH) Upgraded to Buy at HSBC

HSBC upgraded shares of Enphase Energy (NASDAQ:ENPH) from a hold rating to a buy rating in a research report released on Wednesday, Marketbeat reports. HSBC currently has $52.00 price target on the semiconductor company’s stock.

ENPH has been the subject of several other research reports. TD Cowen raised their target price on Enphase Energy from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Wednesday. Mizuho set a $39.00 price objective on Enphase Energy in a report on Wednesday. Oppenheimer raised their price objective on Enphase Energy from $67.00 to $68.00 and gave the company an “outperform” rating in a research note on Wednesday. Barclays upped their target price on shares of Enphase Energy from $33.00 to $35.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $35.00 price target on shares of Enphase Energy in a research report on Wednesday, January 7th. Nine equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $42.66.

Enphase Energy Trading Up 38.6%

Shares of ENPH stock opened at $51.67 on Wednesday. Enphase Energy has a twelve month low of $25.77 and a twelve month high of $70.78. The stock’s fifty day simple moving average is $34.29 and its 200 day simple moving average is $34.54. The company has a quick ratio of 1.88, a current ratio of 2.04 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $6.76 billion, a P/E ratio of 40.05 and a beta of 1.37.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.19. Enphase Energy had a return on equity of 21.40% and a net margin of 11.69%.The firm had revenue of $343.32 million for the quarter, compared to analyst estimates of $340.45 million. During the same period last year, the firm posted $0.94 earnings per share. The business’s revenue for the quarter was down 10.3% on a year-over-year basis. As a group, sell-side analysts predict that Enphase Energy will post 2.08 EPS for the current fiscal year.

Insider Activity

In other Enphase Energy news, EVP Mandy Yang sold 6,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $33.01, for a total transaction of $198,060.00. Following the sale, the executive vice president directly owned 68,987 shares of the company’s stock, valued at $2,277,260.87. This represents a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thurman J. Rodgers sold 150,000 shares of Enphase Energy stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $29.13, for a total transaction of $4,369,500.00. Following the completion of the transaction, the director owned 1,733,596 shares of the company’s stock, valued at $50,499,651.48. The trade was a 7.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Enphase Energy by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 16,329,647 shares of the semiconductor company’s stock valued at $523,365,000 after acquiring an additional 246,876 shares during the period. Invesco Ltd. raised its stake in shares of Enphase Energy by 28.1% during the 2nd quarter. Invesco Ltd. now owns 6,743,674 shares of the semiconductor company’s stock valued at $267,387,000 after purchasing an additional 1,479,153 shares during the period. Geode Capital Management LLC lifted its holdings in Enphase Energy by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 3,542,878 shares of the semiconductor company’s stock worth $140,217,000 after purchasing an additional 73,459 shares in the last quarter. Coatue Management LLC boosted its stake in Enphase Energy by 95.3% in the 3rd quarter. Coatue Management LLC now owns 1,647,893 shares of the semiconductor company’s stock worth $58,319,000 after purchasing an additional 803,945 shares during the period. Finally, Federated Hermes Inc. grew its holdings in Enphase Energy by 9.6% during the 3rd quarter. Federated Hermes Inc. now owns 1,619,109 shares of the semiconductor company’s stock valued at $57,300,000 after buying an additional 141,358 shares in the last quarter. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

More Enphase Energy News

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Q4 beat and raised near‑term guide — Enphase reported Q4 adj. EPS above consensus and revenue that topped expectations, and raised Q1 revenue guidance to $270–$300M (previously ~$250M); management said bookings are ~90% to the midpoint, which supports a recovery narrative. ENPH Stock Soars 50% on Earnings
• Positive Sentiment: Longer‑term TAM expansion: management highlighted opportunities beyond residential solar — Enphase is pitching batteries, inverters and load‑management (and a potential role in freeing grid capacity for data centers) as new demand channels, which gives investors a higher‑growth narrative to look through near‑term softness. Earnings Call Highlights
• Positive Sentiment: Analyst upgrades and target adjustments — Multiple shops raised ratings/targets (Roth, HSBC and others upgraded or increased targets after the guide), which supports the bullish momentum and likely added buying pressure. Analyst Reaction
• Neutral Sentiment: Short‑covering and technical squeeze amplified the move — Elevated short interest (~20%+) and very heavy volume suggest some of the rally is mechanical covering rather than only fundamental re‑rating; that can push the stock higher quickly but also creates volatility. MarketBeat Coverage
• Negative Sentiment: Underlying demand and shipment weakness — FY Q4 revenue was down ~10% YoY and microinverter shipments fell (Q4 shipments reported ~682 MW), signaling near‑term demand pressure in some markets. Earnings & Revenue Decline
• Negative Sentiment: Cost cuts / workforce reduction — Enphase cut ~160 jobs (~6% of workforce), a sign management is trimming cost base but also an acknowledgement of near‑term headwinds. Layoffs Report
• Negative Sentiment: Valuation/technical caution — After the big rally some analysts/note‑writers call the stock overbought and several price targets still imply limited upside from the new elevated price, so profit‑taking or a pullback is possible. Valuation Check

Enphase Energy Company Profile

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.