JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Enphase Energy (NASDAQ:ENPH) Stock

Enphase Energy (NASDAQ:ENPH) had its target price increased by equities researchers at JPMorgan Chase & Co. from $37.00 to $39.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 1.51% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on the company. Jefferies Financial Group upgraded Enphase Energy from an “underperform” rating to a “hold” rating and upped their price objective for the company from $28.00 to $36.00 in a research report on Thursday, August 21st. Glj Research decreased their price objective on Enphase Energy from $31.11 to $19.80 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Bank of America cut their target price on Enphase Energy from $31.00 to $30.00 and set an “underperform” rating on the stock in a research note on Wednesday, July 23rd. Wells Fargo & Company upped their target price on Enphase Energy from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Finally, Oppenheimer cut their target price on Enphase Energy from $86.00 to $77.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 23rd. Ten equities research 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 data from MarketBeat.com, Enphase Energy presently has a consensus rating of “Reduce” and a consensus target price of $55.54.

Enphase Energy Trading Down 0.1%

Shares of ENPH stock opened at $38.42 on Friday. Enphase Energy has a 1 year low of $29.89 and a 1 year high of $118.13. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.97 and a quick ratio of 1.82. The stock’s 50 day simple moving average is $36.38 and its two-hundred day simple moving average is $44.39. The company has a market cap of $5.02 billion, a PE ratio of 30.02 and a beta of 1.52.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $359.14 million. During the same period in the prior year, the business posted $0.43 earnings per share. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. Enphase Energy has set its Q3 2025 guidance at EPS. Research analysts predict that Enphase Energy will post 2.08 earnings per share for the current year.

Insider Transactions at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the company’s stock in a transaction on Wednesday, August 6th. The shares were acquired at an average price of $30.82 per share, with a total value of $154,100.00. Following the transaction, the chief executive officer owned 1,620,632 shares of the company’s stock, valued at $49,947,878.24. The trade was a 0.31% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.10% of the company’s stock.

Institutional Trading of Enphase Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale lifted its holdings in shares of Enphase Energy by 0.3% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 88,696 shares of the semiconductor company’s stock valued at $5,421,000 after purchasing an additional 238 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Enphase Energy by 2.5% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 10,357 shares of the semiconductor company’s stock valued at $643,000 after purchasing an additional 255 shares during the last quarter. 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 valued at $35,000 after purchasing an additional 258 shares during the last quarter. Leibman Financial Services Inc. lifted its holdings in shares of Enphase Energy by 1.0% during the 1st quarter. Leibman Financial Services Inc. now owns 29,474 shares of the semiconductor company’s stock valued at $1,829,000 after purchasing an additional 305 shares during the last quarter. Finally, Empirical Finance LLC lifted its holdings in shares of Enphase Energy by 9.1% during the 1st quarter. Empirical Finance LLC now owns 3,996 shares of the semiconductor company’s stock valued at $248,000 after purchasing an additional 332 shares during the last quarter. Hedge funds and other institutional investors 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.