Enphase Energy (NASDAQ:ENPH) Receives Sell (D) Rating from Weiss Ratings

Enphase Energy (NASDAQ:ENPH)‘s stock had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other research analysts have also commented on ENPH. Jefferies Financial Group reiterated a “hold” rating and issued a $41.00 price objective on shares of Enphase Energy in a research report on Monday, September 29th. Wells Fargo & Company upped their price target on shares of Enphase Energy from $42.00 to $45.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Zacks Research upgraded shares of Enphase Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $32.00 price objective (down from $77.00) on shares of Enphase Energy in a research note on Wednesday, July 9th. Finally, Wall Street Zen raised shares of Enphase Energy from a “hold” rating to a “buy” rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and thirteen have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Enphase Energy has an average rating of “Reduce” and an average target price of $53.21.

Enphase Energy Stock Performance

Shares of ENPH stock opened at $36.03 on Wednesday. The company has a quick ratio of 1.82, a current ratio of 1.97 and a debt-to-equity ratio of 0.65. The business has a 50 day moving average of $36.20 and a two-hundred day moving average of $42.37. The company has a market cap of $4.71 billion, a P/E ratio of 28.15 and a beta of 1.56. Enphase Energy has a 52 week low of $29.89 and a 52 week high of $105.92.

Enphase Energy (NASDAQ:ENPH) last posted 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. The company had revenue of $363.15 million for the quarter, compared to analysts’ expectations of $359.14 million. Enphase Energy had a return on equity of 24.55% and a net margin of 11.78%.The firm’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 earnings per share. Enphase Energy has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Enphase Energy will post 2.08 EPS for the current year.

Insider Transactions at Enphase Energy

In other Enphase Energy news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The shares were bought at an average price of $30.82 per share, with a total value of $154,100.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.10% of the stock is currently owned by insiders.

Institutional Trading of Enphase Energy

Several hedge funds have recently modified their holdings of ENPH. Merit Financial Group LLC acquired a new position in Enphase Energy in the 1st quarter worth approximately $209,000. GAMMA Investing LLC raised its holdings in shares of Enphase Energy by 67.1% during the 1st quarter. GAMMA Investing LLC now owns 8,256 shares of the semiconductor company’s stock worth $512,000 after acquiring an additional 3,316 shares during the period. CX Institutional acquired a new position in Enphase Energy in the 1st quarter valued at about $29,000. Fifth Third Bancorp grew its position in shares of Enphase Energy by 42.4% during the first quarter. Fifth Third Bancorp now owns 3,688 shares of the semiconductor company’s stock worth $229,000 after buying an additional 1,098 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Enphase Energy by 47.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 9,556 shares of the semiconductor company’s stock worth $593,000 after purchasing an additional 3,089 shares during the last quarter. 72.12% of the stock is 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.