Enphase Energy, Inc. (NASDAQ:ENPH) Receives Average Recommendation of “Reduce” from Analysts

Enphase Energy, Inc. (NASDAQ:ENPH) has been given an average recommendation of “Reduce” by the thirty-six research firms that are currently covering the stock, MarketBeat.com reports. Twelve analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $55.4774.

ENPH has been the subject of several recent analyst reports. Jefferies Financial Group raised shares of Enphase Energy from an “underperform” rating to a “hold” rating and upped their target price for the stock from $28.00 to $36.00 in a report on Thursday, August 21st. Barclays upped their price objective on Enphase Energy from $28.00 to $29.00 and gave the stock an “underweight” rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $37.00 target price (down previously from $64.00) on shares of Enphase Energy in a research note on Tuesday, July 15th. TD Cowen lowered their price target on Enphase Energy from $45.00 to $40.00 and set a “hold” rating on the stock in a report on Wednesday, July 23rd. Finally, Susquehanna cut their price objective on shares of Enphase Energy from $51.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, July 21st.

Enphase Energy Stock Down 0.7%

ENPH opened at $37.96 on Wednesday. Enphase Energy has a 1-year low of $29.89 and a 1-year high of $126.19. The firm’s 50 day simple moving average is $37.16 and its two-hundred day simple moving average is $47.45. The company has a market capitalization of $4.96 billion, a PE ratio of 29.66 and a beta of 1.59. The company has a current ratio of 1.97, a quick ratio of 1.82 and a debt-to-equity ratio of 0.65.

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

Insider Transactions at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were acquired at an average price of $30.82 per share, for a total transaction of $154,100.00. Following the purchase, the chief executive officer directly owned 1,620,632 shares in the company, 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 filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Woodline Partners LP purchased a new stake in Enphase Energy during the fourth quarter valued at $557,000. Teacher Retirement System of Texas bought a new stake in shares of Enphase Energy in the 1st quarter worth about $1,609,000. QRG Capital Management Inc. purchased a new stake in shares of Enphase Energy during the 1st quarter valued at about $512,000. Maxi Investments CY Ltd lifted its holdings in shares of Enphase Energy by 650.0% in the 1st quarter. Maxi Investments CY Ltd now owns 52,500 shares of the semiconductor company’s stock valued at $3,258,000 after acquiring an additional 45,500 shares during the last quarter. Finally, Bouvel Investment Partners LLC purchased a new position in Enphase Energy in the first quarter worth about $847,000. 72.12% of the stock is currently owned by institutional investors.

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.