Enphase Energy (NASDAQ:ENPH) Stock Rating Lowered by Wall Street Zen

Enphase Energy (NASDAQ:ENPH) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently weighed in on the company. UBS Group set a $56.00 target price on Enphase Energy in a research note on Wednesday, July 29th. Evercore reaffirmed a “positive” rating and issued a $41.00 price objective on shares of Enphase Energy in a research report on Monday, August 17th. JPMorgan Chase & Co. reduced their price target on Enphase Energy from $35.00 to $29.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 28th. Mizuho set a $34.00 price target on shares of Enphase Energy in a research note on Wednesday. Finally, Royal Bank Of Canada cut their price objective on Enphase Energy from $41.00 to $30.00 and set an “outperform” rating on the stock in a report on Wednesday. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $35.11.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $25.65 on Friday. The firm’s fifty day simple moving average is $33.63 and its 200-day simple moving average is $40.96. Enphase Energy has a fifty-two week low of $23.83 and a fifty-two week high of $73.74. The stock has a market cap of $3.39 billion, a PE ratio of 38.28 and a beta of 1.44. The company has a quick ratio of 3.56, a current ratio of 4.09 and a debt-to-equity ratio of 0.46.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings data on Tuesday, October 27th. The semiconductor company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.10). The firm had revenue of $293.33 million during the quarter, compared to analyst estimates of $304.59 million. Enphase Energy had a net margin of 7.49% and a return on equity of 9.16%. The business’s quarterly revenue was down 28.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 earnings per share. Analysts expect that Enphase Energy will post 0.34 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Richard Mora sold 1,500 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $40.36, for a total value of $60,540.00. Following the completion of the transaction, the director directly owned 10,422 shares in the company, valued at approximately $420,631.92. This represents a 12.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Enphase Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. Saturna Capital Corp raised its position in shares of Enphase Energy by 4.2% during the 1st quarter. Saturna Capital Corp now owns 10,957 shares of the semiconductor company’s stock worth $414,000 after acquiring an additional 442 shares in the last quarter. Keybank National Association OH lifted its stake in shares of Enphase Energy by 3.9% in the 1st quarter. Keybank National Association OH now owns 12,733 shares of the semiconductor company’s stock valued at $481,000 after purchasing an additional 481 shares during the period. Janney Montgomery Scott LLC lifted its position in Enphase Energy by 4.9% in the first quarter. Janney Montgomery Scott LLC now owns 10,282 shares of the semiconductor company’s stock worth $389,000 after buying an additional 481 shares during the last quarter. Archer Investment Corp purchased a new position in Enphase Energy during the second quarter valued at $30,000. Finally, Green Alpha Advisors LLC raised its holdings in Enphase Energy by 4.2% during the third quarter. Green Alpha Advisors LLC now owns 16,974 shares of the semiconductor company’s stock worth $560,000 after purchasing an additional 686 shares in the last quarter. 72.12% of the stock is currently owned by institutional investors.

Enphase Energy News Summary

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

• Positive Sentiment: Enphase entered into an agreement to sell up to $100 million of U.S. advanced manufacturing tax credits. The transaction should provide cash and monetize tax benefits, potentially supporting liquidity during the solar downturn. Enphase Energy enters into tax credit transfer agreement
• Neutral Sentiment: Management is pursuing longer-term opportunities in AI data-center power technology and EV charging while working through excess channel inventory. These initiatives could diversify Enphase beyond residential solar, but investors remain uncertain about their timing and ability to offset near-term weakness. Enphase Energy solar slump and AI data-center ambitions
• Negative Sentiment: Third-quarter adjusted earnings were $0.41 per share, below the $0.51 consensus estimate, while revenue of approximately $293.3 million missed expectations of $304.6 million and fell 28.5% year over year. Fourth-quarter guidance was also described as disappointing, reinforcing concerns about weak solar demand. Why Enphase shares are sliding
• Negative Sentiment: Oppenheimer, BMO Capital Markets, Sanford C. Bernstein and Roth Capital each issued more cautious views or reduced their price targets. The broadening analyst pessimism adds pressure to ENPH after the earnings miss and signals limited confidence in a near-term recovery. Enphase sinks on Q3 miss and analyst downgrades

About Enphase Energy

Enphase Energy, Inc develops and manufactures technology for residential and commercial solar energy systems. Its products include solar microinverters, which convert electricity generated by individual solar panels into usable power, along with integrated energy management technologies designed to improve system performance, monitoring and reliability.

The company also offers battery storage systems, electric vehicle chargers and software that enables customers, installers and utilities to monitor and manage distributed energy resources.