Enphase Energy (NASDAQ:ENPH) Price Target Cut to $26.00 by Analysts at Morgan Stanley

Enphase Energy (NASDAQ:ENPH) had its price objective reduced by Morgan Stanley from $28.00 to $26.00 in a research note published on Thursday morning, Marketbeat reports. They currently have an underweight rating on the semiconductor company’s stock.

Other equities research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft cut their price target on shares of Enphase Energy from $49.00 to $42.00 and set a “hold” rating on the stock in a research note on Thursday, July 24th. The Goldman Sachs Group reissued a “sell” rating and issued a $32.00 target price (down from $77.00) on shares of Enphase Energy in a research report on Wednesday, July 9th. Susquehanna decreased their target price on Enphase Energy from $40.00 to $37.00 and set a “neutral” rating for the company in a research report on Monday, October 13th. TD Cowen decreased their target price on Enphase Energy from $40.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, BMO Capital Markets reissued an “underperform” rating and issued a $31.00 target price on shares of Enphase Energy in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have given a Hold rating and thirteen have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $44.71.

Enphase Energy Price Performance

Enphase Energy stock opened at $30.13 on Thursday. The stock has a market cap of $3.94 billion, a P/E ratio of 20.78 and a beta of 1.56. The company has a fifty day simple moving average of $36.99 and a 200-day simple moving average of $39.86. Enphase Energy has a 12-month low of $29.89 and a 12-month high of $89.95. The company has a current ratio of 2.04, a quick ratio of 1.82 and a debt-to-equity ratio of 0.57.

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

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ENPH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Enphase Energy by 431.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 514 shares during the period. Salomon & Ludwin LLC increased its stake in shares of Enphase Energy by 761.0% during the third quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 761 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Enphase Energy by 199.7% during the third quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 613 shares during the period. First Horizon Advisors Inc. increased 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 worth $35,000 after acquiring an additional 258 shares during the period. Finally, SVB Wealth LLC purchased a new position in shares of Enphase Energy during the 1st quarter worth approximately $38,000. 72.12% of the stock is currently owned by institutional investors and hedge funds.

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.