JPMorgan Chase & Co. Issues Pessimistic Forecast for Enphase Energy (NASDAQ:ENPH) Stock Price

Enphase Energy (NASDAQ:ENPH) had its target price reduced by investment analysts at JPMorgan Chase & Co. from $40.00 to $37.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 22.80% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Barclays upped their price objective on shares of Enphase Energy from $29.00 to $33.00 and gave the company an “underweight” rating in a research note on Wednesday, October 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Enphase Energy in a research note on Wednesday, October 8th. BMO Capital Markets reaffirmed an “underperform” rating and issued a $31.00 price objective on shares of Enphase Energy in a research note on Wednesday. Wells Fargo & Company upped their price objective on shares of Enphase Energy from $42.00 to $45.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Finally, Mizuho lowered shares of Enphase Energy from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $50.00 to $37.00 in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and thirteen have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $44.71.

Enphase Energy Trading Down 3.2%

Shares of NASDAQ ENPH opened at $30.13 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.82 and a current ratio of 2.04. Enphase Energy has a 52-week low of $29.89 and a 52-week high of $89.95. The firm has a 50 day moving average price of $36.99 and a two-hundred day moving average price of $39.86. The stock has a market cap of $3.94 billion, a P/E ratio of 20.78 and a beta of 1.56.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.30. Enphase Energy had a net margin of 12.93% and a return on equity of 25.67%. The company had revenue of $410.43 million for the quarter, compared to analyst estimates of $364.64 million. During the same period in the prior year, the firm posted $0.65 EPS. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Enphase Energy has set its Q4 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 bought 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The shares were acquired at an average cost 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. 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. 3.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in Enphase Energy by 431.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock worth $25,000 after buying an additional 514 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in Enphase Energy by 761.0% during the third quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock worth $32,000 after buying an additional 761 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Enphase Energy by 199.7% during the third quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company’s stock worth $33,000 after buying an additional 613 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in Enphase Energy by 83.0% during the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock worth $35,000 after buying an additional 258 shares during the last quarter. Finally, SVB Wealth LLC acquired a new position in Enphase Energy during the first quarter worth $38,000. 72.12% of the stock is owned by 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.