Roth Capital Has Negative View of Enphase Energy Q1 Earnings

Enphase Energy, Inc. (NASDAQ:ENPH) – Investment analysts at Roth Capital cut their Q1 2026 EPS estimates for shares of Enphase Energy in a report issued on Wednesday, April 23rd. Roth Capital analyst P. Shen now anticipates that the semiconductor company will post earnings of $0.40 per share for the quarter, down from their previous estimate of $0.52. The consensus estimate for Enphase Energy’s current full-year earnings is $2.08 per share.

Several other research analysts have also recently commented on ENPH. Redburn Atlantic started coverage on shares of Enphase Energy in a report on Monday, March 3rd. They set a “neutral” rating for the company. JPMorgan Chase & Co. reduced their price objective on shares of Enphase Energy from $112.00 to $91.00 and set an “overweight” rating for the company in a research note on Thursday, January 23rd. Citigroup reaffirmed a “sell” rating and issued a $47.00 target price on shares of Enphase Energy in a research report on Thursday, April 17th. Guggenheim reiterated a “sell” rating and set a $33.00 target price on shares of Enphase Energy in a report on Wednesday. Finally, Canaccord Genuity Group decreased their price target on Enphase Energy from $70.00 to $58.00 and set a “buy” rating for the company in a research note on Thursday. Seven investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, Enphase Energy has a consensus rating of “Hold” and a consensus price target of $70.54.

Enphase Energy Price Performance

Shares of ENPH opened at $46.83 on Friday. The company has a quick ratio of 3.28, a current ratio of 3.53 and a debt-to-equity ratio of 1.44. Enphase Energy has a twelve month low of $44.83 and a twelve month high of $141.63. The stock has a market capitalization of $6.14 billion, a P/E ratio of 63.28 and a beta of 1.94. The company has a 50 day moving average of $57.84 and a 200-day moving average of $67.02.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.14. Enphase Energy had a return on equity of 15.62% and a net margin of 7.72%.

Insiders Place Their Bets

In related news, Director Thurman J. Rodgers sold 100,000 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $61.26, for a total transaction of $6,126,000.00. Following the completion of the sale, the director now owns 1,881,760 shares of the company’s stock, valued at $115,276,617.60. This represents a 5.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Mandy Yang sold 1,319 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $63.32, for a total transaction of $83,519.08. Following the sale, the chief financial officer now owns 78,524 shares in the company, valued at $4,972,139.68. The trade was a 1.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of Enphase Energy

Large investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Enphase Energy in the 3rd quarter valued at $239,000. Tidal Investments LLC boosted its stake in Enphase Energy by 121.4% in the third quarter. Tidal Investments LLC now owns 122,929 shares of the semiconductor company’s stock valued at $13,893,000 after buying an additional 67,411 shares in the last quarter. Peapack Gladstone Financial Corp bought a new position in Enphase Energy in the third quarter valued at about $292,000. GAMMA Investing LLC raised its stake in Enphase Energy by 131.9% during the fourth quarter. GAMMA Investing LLC now owns 4,940 shares of the semiconductor company’s stock worth $339,000 after acquiring an additional 2,810 shares in the last quarter. Finally, Everence Capital Management Inc. bought a new position in shares of Enphase Energy in the fourth quarter worth about $470,000. Institutional investors and hedge funds own 72.12% of the company’s stock.

About Enphase Energy

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.