Enphase Energy (NASDAQ:ENPH) Rating Increased to Buy at Wall Street Zen

Enphase Energy (NASDAQ:ENPH) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Sunday.

Other equities research analysts have also recently issued reports about the company. Johnson Rice cut Enphase Energy from a “buy” rating to an “accumulate” rating and set a $45.00 price target for the company. in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft cut their price target on Enphase Energy from $49.00 to $42.00 and set a “hold” rating for the company in a research note on Thursday, July 24th. Wells Fargo & Company boosted their price target on Enphase Energy from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Royal Bank Of Canada set a $28.00 price objective on shares of Enphase Energy and gave the company a “sector perform” rating in a research report on Wednesday, June 18th. Finally, Glj Research lowered their price objective on shares of Enphase Energy from $31.11 to $19.80 and set a “sell” rating for the company in a research report on Tuesday, July 22nd. Ten analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and twelve have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $55.48.

Enphase Energy Price Performance

ENPH stock opened at $37.63 on Friday. The stock has a market cap of $4.92 billion, a PE ratio of 29.40 and a beta of 1.52. The stock has a 50-day moving average price of $36.75 and a two-hundred day moving average price of $45.05. 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 has a 1 year low of $29.89 and a 1 year high of $126.19.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share 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 company had revenue of $363.15 million during the quarter, compared to analysts’ expectations of $359.14 million. During the same quarter last year, the company earned $0.43 EPS. Enphase Energy’s revenue for the quarter was up 19.7% compared to the same quarter last year. Enphase Energy has set its Q3 2025 guidance at EPS. Equities analysts forecast that Enphase Energy will post 2.08 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The stock was purchased at an average price of $30.82 per share, for a total transaction of $154,100.00. Following the purchase, the chief executive officer owned 1,620,632 shares in the company, valued at approximately $49,947,878.24. This represents a 0.31% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of Enphase Energy by 431.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 514 shares in the last quarter. CX Institutional bought a new stake in shares of Enphase Energy during the 1st quarter worth $29,000. First Horizon Advisors Inc. lifted its holdings in shares of Enphase Energy by 83.0% during the 1st 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 last quarter. SVB Wealth LLC bought a new stake in shares of Enphase Energy during the 1st quarter worth $38,000. Finally, Brooklyn Investment Group lifted its holdings in shares of Enphase Energy by 124.7% during the 1st quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 368 shares during the last quarter. 72.12% of the stock is currently owned by hedge funds and other institutional investors.

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.