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

Enphase Energy (NASDAQ:ENPH) had its price objective reduced by stock analysts at Susquehanna from $46.00 to $36.00 in a research report issued on Thursday, Marketbeat Ratings reports. The brokerage currently has a “neutral” rating on the semiconductor company’s stock. Susquehanna’s price target would suggest a potential upside of 15.46% from the company’s previous close.

Several other brokerages have also issued reports on ENPH. Glj Research set a $21.70 price target on Enphase Energy in a research note on Thursday, February 5th. Weiss Ratings reissued a “sell (d)” rating on shares of Enphase Energy in a report on Thursday, January 22nd. Royal Bank Of Canada upgraded Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 target price for the company in a research report on Wednesday, February 4th. Mizuho set a $39.00 target price on Enphase Energy in a research note on Wednesday, February 4th. Finally, Morgan Stanley reiterated an “underweight” rating and set a $30.00 price target on shares of Enphase Energy in a research report on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and nine have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $42.70.

Enphase Energy Price Performance

ENPH stock opened at $31.18 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.07 and a quick ratio of 1.84. Enphase Energy has a one year low of $25.77 and a one year high of $55.41. The stock has a market cap of $4.11 billion, a PE ratio of 24.17 and a beta of 1.39. The firm has a 50 day simple moving average of $42.24 and a two-hundred day simple moving average of $36.57.

Enphase Energy (NASDAQ:ENPH) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.19. Enphase Energy had a net margin of 11.69% and a return on equity of 20.31%. The firm had revenue of $343.32 million for the quarter, compared to analysts’ expectations of $340.45 million. During the same quarter last year, the company posted $0.94 EPS. The business’s quarterly revenue was down 10.3% on a year-over-year basis. On average, analysts predict that Enphase Energy will post 2.08 EPS for the current fiscal year.

Insider Activity at Enphase Energy

In related news, Director Thurman J. Rodgers sold 137,250 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $43.61, for a total transaction of $5,985,472.50. Following the completion of the sale, the director directly owned 1,597,641 shares in the company, valued at $69,673,124.01. This represents a 7.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Badrinarayanan Kothandaraman purchased 5,000 shares of Enphase Energy stock in a transaction that occurred on Thursday, February 5th. The shares were bought at an average price of $51.98 per share, for a total transaction of $259,900.00. Following the completion of the transaction, the chief executive officer owned 1,640,632 shares in the company, valued at $85,280,051.36. The trade was a 0.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new stake in Enphase Energy during the 4th quarter valued at $118,190,000. Public Sector Pension Investment Board increased its position in shares of Enphase Energy by 2,322.9% in the second quarter. Public Sector Pension Investment Board now owns 876,983 shares of the semiconductor company’s stock valued at $34,772,000 after acquiring an additional 840,787 shares during the period. Invesco Ltd. raised its stake in shares of Enphase Energy by 36.2% during the fourth quarter. Invesco Ltd. now owns 3,158,931 shares of the semiconductor company’s stock valued at $101,244,000 after acquiring an additional 839,468 shares during the last quarter. Sora Investors LLC bought a new position in shares of Enphase Energy during the fourth quarter valued at about $25,998,000. Finally, Coatue Management LLC boosted its holdings in shares of Enphase Energy by 95.3% during the third quarter. Coatue Management LLC now owns 1,647,893 shares of the semiconductor company’s stock worth $58,319,000 after purchasing an additional 803,945 shares during the period. 72.12% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Enphase Energy

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Deutsche Bank nudged its price target up to $39 and kept a “hold” rating, a modest vote of confidence that may limit downside. Deutsche Bank raises PT to $39
• Neutral Sentiment: Consensus remains a “hold”/mixed among brokers — analysts are divided, so there’s no clear bullish catalyst from the Street. Consensus recommendation of Hold
• Neutral Sentiment: Media coverage highlights ENPH as a trending/watchlist name (MarketWatch/Yahoo), which can increase short‑term volume but not necessarily change fundamentals. MarketWatch: Enphase trending
• Negative Sentiment: Susquehanna cut its price target from $46 to $36 and moved to “neutral,” reducing a prior upside case and potentially pressuring sentiment. Susquehanna cuts PT to $36
• Negative Sentiment: Short interest rose materially as of Mar. 31 — ~25.4M shares short (+21.6% vs. mid‑March), ~19.9% of shares outstanding and a ~5.1 days‑to‑cover — signaling elevated bearish positioning that can amplify downside on weak news. (Data reported 4/10)
• Negative Sentiment: Multiple law firms have filed or are soliciting lead‑plaintiff applicants in a securities class action covering Apr 22–Oct 28, 2025, and remind investors of an April 20 lead‑plaintiff deadline — a legal overhang that can weigh on the stock until resolved. Pomerantz class action filing Faruqi & Faruqi reminder
• Neutral Sentiment: One short‑interest report from Apr. 10 shows an anomalous zero value (likely a reporting/data error); treat with caution and monitor official exchanges for corrected filings.

Enphase Energy Company Profile

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.