Analysts Set Enphase Energy, Inc. (NASDAQ:ENPH) Price Target at $55.54

Shares of Enphase Energy, Inc. (NASDAQ:ENPH) have been assigned an average rating of “Reduce” from the thirty-five brokerages that are covering the stock, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $55.6610.

ENPH has been the subject of a number of research analyst reports. Oppenheimer reduced their price objective on Enphase Energy from $86.00 to $77.00 and set an “outperform” rating for the company in a report on Wednesday, July 23rd. The Goldman Sachs Group restated a “sell” rating and issued a $32.00 price target (down from $77.00) on shares of Enphase Energy in a research note on Wednesday, July 9th. Citigroup lowered their price objective on Enphase Energy from $47.00 to $43.00 and set a “sell” rating on the stock in a research report on Thursday, June 5th. JPMorgan Chase & Co. lifted their target price on Enphase Energy from $37.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Finally, KeyCorp restated an “underweight” rating and issued a $31.00 price target on shares of Enphase Energy in a research note on Tuesday, June 17th.

Insider Activity

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the stock in a transaction dated Wednesday, August 6th. The shares were bought at an average cost of $30.82 per share, with a total value of $154,100.00. Following the completion of the acquisition, the chief executive officer owned 1,620,632 shares of the company’s stock, valued at $49,947,878.24. This trade represents a 0.31% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 3.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Enphase Energy

A number of large investors have recently added to or reduced their stakes in ENPH. DekaBank Deutsche Girozentrale grew its holdings in Enphase Energy by 0.3% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 88,696 shares of the semiconductor company’s stock valued at $5,421,000 after purchasing an additional 238 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its position in shares of Enphase Energy by 2.5% during the first 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 during the period. First Horizon Advisors Inc. grew its stake in shares of Enphase Energy by 83.0% during the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 258 shares during the last quarter. Leibman Financial Services Inc. raised its holdings in shares of Enphase Energy by 1.0% in the first quarter. Leibman Financial Services Inc. now owns 29,474 shares of the semiconductor company’s stock worth $1,829,000 after buying an additional 305 shares during the period. Finally, Empirical Finance LLC lifted its stake in shares of Enphase Energy by 9.1% during the 1st quarter. Empirical Finance LLC now owns 3,996 shares of the semiconductor company’s stock worth $248,000 after acquiring an additional 332 shares during the last quarter. Institutional investors and hedge funds own 72.12% of the company’s stock.

Enphase Energy Price Performance

NASDAQ:ENPH opened at $37.08 on Friday. The company has a market cap of $4.85 billion, a P/E ratio of 28.97 and a beta of 1.52. The firm’s fifty day moving average price is $36.24 and its two-hundred day moving average price is $43.87. Enphase Energy has a one year low of $29.89 and a one year high of $116.91. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.97 and a quick ratio of 1.82.

Enphase Energy (NASDAQ:ENPH) last announced its earnings results on Tuesday, July 22nd. The semiconductor company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.62 by $0.07. Enphase Energy had a net margin of 11.78% and a return on equity of 24.55%. The business had revenue of $363.15 million during the quarter, compared to the consensus estimate of $359.14 million. During the same quarter in the previous year, the firm posted $0.43 EPS. Enphase Energy’s revenue was up 19.7% compared to the same quarter last year. Enphase Energy has set its Q3 2025 guidance at EPS. Equities analysts expect that Enphase Energy will post 2.08 earnings per share for the current year.

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.