William Blair Lifts Earnings Estimates for Enphase Energy

Enphase Energy, Inc. (NASDAQ:ENPH) – Investment analysts at William Blair boosted their Q3 2025 earnings per share (EPS) estimates for shares of Enphase Energy in a research note issued on Wednesday, July 23rd. William Blair analyst J. Dorsheimer now anticipates that the semiconductor company will post earnings of $0.25 per share for the quarter, up from their previous estimate of $0.16. The consensus estimate for Enphase Energy’s current full-year earnings is $2.08 per share. William Blair also issued estimates for Enphase Energy’s Q4 2025 earnings at $0.27 EPS, FY2025 earnings at $1.21 EPS, Q1 2026 earnings at $0.25 EPS, Q2 2026 earnings at $0.24 EPS, Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.24 EPS and FY2026 earnings at $1.00 EPS.

Enphase Energy (NASDAQ:ENPH) last posted its earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.07. The company had revenue of $363.15 million during the quarter, compared to analyst estimates of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 EPS.

ENPH has been the topic of several other research reports. Barclays lifted their price objective on Enphase Energy from $28.00 to $29.00 and gave the company an “underweight” rating in a report on Thursday, July 24th. Oppenheimer decreased their price objective on Enphase Energy from $86.00 to $77.00 and set an “outperform” rating for the company in a research report on Wednesday, July 23rd. BMO Capital Markets reiterated an “underperform” rating and issued a $39.00 price objective (down from $46.00) on shares of Enphase Energy in a research report on Tuesday, May 13th. Truist Financial decreased their price objective on Enphase Energy from $65.00 to $49.00 and set a “hold” rating for the company in a research report on Thursday, April 24th. Finally, TD Cowen decreased their price objective on Enphase Energy from $45.00 to $40.00 and set a “hold” rating for the company in a research report on Wednesday, July 23rd. Thirteen analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $55.86.

Enphase Energy Price Performance

Enphase Energy stock opened at $33.48 on Monday. The firm has a market capitalization of $4.38 billion, a P/E ratio of 26.16 and a beta of 1.67. Enphase Energy has a 1 year low of $33.01 and a 1 year high of $130.08. The business has a 50-day moving average of $40.68 and a 200-day moving average of $51.73. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 0.65.

Institutional Investors Weigh In On Enphase Energy

Large investors have recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale grew its holdings in Enphase Energy by 0.3% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 88,696 shares of the semiconductor company’s stock valued at $5,421,000 after buying an additional 238 shares in the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in Enphase Energy by 2.5% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 10,357 shares of the semiconductor company’s stock valued at $643,000 after buying an additional 255 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of Enphase Energy by 83.0% during the 1st quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 258 shares in the last quarter. Leibman Financial Services Inc. grew its holdings in shares of Enphase Energy by 1.0% during the 1st quarter. Leibman Financial Services Inc. now owns 29,474 shares of the semiconductor company’s stock worth $1,829,000 after purchasing an additional 305 shares in the last quarter. Finally, McGowan Group Asset Management Inc. grew its holdings in shares of Enphase Energy by 2.0% during the 4th quarter. McGowan Group Asset Management Inc. now owns 16,670 shares of the semiconductor company’s stock worth $1,145,000 after purchasing an additional 319 shares in the last quarter. Institutional investors own 72.12% of the company’s stock.

Enphase Energy Company Profile

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.