TD Cowen Has Lowered Expectations for Enphase Energy (NASDAQ:ENPH) Stock Price

Enphase Energy (NASDAQ:ENPH) had its target price cut by investment analysts at TD Cowen from $40.00 to $35.00 in a research report issued on Wednesday, Marketbeat Ratings reports. The firm currently has a “hold” rating on the semiconductor company’s stock. TD Cowen’s price target suggests a potential upside of 16.16% from the company’s current price.

ENPH has been the topic of several other research reports. Zacks Research raised shares of Enphase Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Mizuho lowered Enphase Energy from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $50.00 to $37.00 in a research note on Thursday, October 23rd. Evercore ISI started coverage on shares of Enphase Energy in a research note on Monday, October 6th. They issued an “in-line” rating and a $40.00 target price on the stock. Morgan Stanley set a $28.00 target price on shares of Enphase Energy in a research note on Thursday, October 16th. Finally, Barclays upped their price objective on Enphase Energy from $29.00 to $33.00 and gave the company an “underweight” rating in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have given a Hold rating and thirteen have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $44.71.

Enphase Energy Stock Down 3.2%

Shares of NASDAQ:ENPH opened at $30.13 on Wednesday. The firm has a 50 day simple moving average of $36.99 and a 200 day simple moving average of $39.86. The company has a market cap of $3.94 billion, a PE ratio of 20.78 and a beta of 1.56. 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.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The firm had revenue of $410.43 million during the quarter, compared to the consensus estimate of $364.64 million. During the same period in the prior year, the business earned $0.65 EPS. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. Enphase Energy has set its Q4 2025 guidance at EPS. As a group, research analysts expect that Enphase Energy will post 2.08 earnings per share for the current year.

Insider Activity

In related news, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of Enphase Energy stock in a transaction dated Wednesday, August 6th. The shares were acquired at an average cost of $30.82 per share, for a total transaction of $154,100.00. Following the transaction, the chief executive officer directly owned 1,620,632 shares of the company’s stock, valued at approximately $49,947,878.24. This trade represents a 0.31% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 3.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. lifted its stake in Enphase Energy by 83.0% in the first quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 258 shares in the last quarter. SVB Wealth LLC bought a new stake in shares of Enphase Energy during the 1st quarter worth approximately $38,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of Enphase Energy by 431.9% in 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 during the period. Brooklyn Investment Group raised its stake in Enphase Energy by 124.7% in the first quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 368 shares during the period. Finally, Salomon & Ludwin LLC raised its position in shares of Enphase Energy by 761.0% in the third quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 761 shares during the period. 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.