Enphase Energy, Inc. (NASDAQ:ENPH) Stock Has Average Target Price of $43.11

Shares of Enphase Energy, Inc. (NASDAQ:ENPH) have received a consensus rating of “Hold” from the twenty-two research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $35.11.

A number of research analysts have recently issued reports on ENPH shares. Glj Research decreased their price objective on Enphase Energy from $24.47 to $21.49 and set a “sell” rating on the stock in a report on Monday, October 26th. Oppenheimer lowered Enphase Energy from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Susquehanna dropped their target price on Enphase Energy from $35.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday. Mizuho set a $34.00 price target on Enphase Energy in a research report on Wednesday. Finally, UBS Group set a $56.00 price target on Enphase Energy in a research note on Wednesday, July 29th.

Key Stories Impacting Enphase Energy

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

Enphase Energy Price Performance

ENPH stock opened at $25.65 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.95 and a current ratio of 4.09. Enphase Energy has a 52 week low of $23.83 and a 52 week high of $73.74. The firm’s fifty day moving average is $33.63 and its 200 day moving average is $40.96. The firm has a market cap of $3.39 billion, a P/E ratio of 38.28 and a beta of 1.64.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings results on Tuesday, October 27th. The semiconductor company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.10). The business had revenue of $293.33 million during the quarter, compared to the consensus estimate of $304.59 million. Enphase Energy had a return on equity of 9.16% and a net margin of 7.49%. The business’s revenue for the quarter was down 28.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.90 earnings per share. Research analysts predict that Enphase Energy will post 0.66 earnings per share for the current year.

Insider Buying and Selling at Enphase Energy

In other news, Director Richard Mora sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $40.36, for a total value of $60,540.00. Following the transaction, the director owned 10,422 shares in the company, valued at approximately $420,631.92. This trade represents a 12.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.90% of the company’s stock.

Institutional Investors Weigh In On Enphase Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Saturna Capital Corp boosted its position in 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 during the period. Janney Montgomery Scott LLC grew its stake in Enphase Energy by 4.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 10,282 shares of the semiconductor company’s stock valued at $389,000 after acquiring an additional 481 shares in the last quarter. Keybank National Association OH grew its stake in Enphase Energy by 3.9% during the 1st quarter. Keybank National Association OH now owns 12,733 shares of the semiconductor company’s stock valued at $481,000 after acquiring an additional 481 shares in the last quarter. Archer Investment Corp acquired a new position in shares of Enphase Energy in the 2nd quarter valued at about $30,000. Finally, Green Alpha Advisors LLC lifted its position in shares of Enphase Energy by 4.2% in 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.

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.