HSBC Upgrades Enphase Energy (NASDAQ:ENPH) to “Buy”

Enphase Energy (NASDAQ:ENPH) was upgraded by analysts at HSBC from a “hold” rating to a “buy” rating in a research note issued on Wednesday, MarketBeat reports. The brokerage currently has a $52.00 target price on the semiconductor company’s stock. HSBC’s target price would suggest a potential upside of 10.01% from the company’s previous close.

ENPH has been the topic of several other reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Enphase Energy in a report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $35.00 price target on shares of Enphase Energy in a research note on Wednesday, January 7th. Loop Capital set a $31.00 price objective on shares of Enphase Energy in a research report on Thursday, October 30th. Barclays upped their target price on shares of Enphase Energy from $33.00 to $35.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 14th. Finally, Raymond James Financial started coverage on shares of Enphase Energy in a research note on Monday, January 12th. They set a “market perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $42.70.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $47.27 on Wednesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.88 and a current ratio of 2.07. The stock’s fifty day moving average is $34.68 and its 200 day moving average is $34.63. The firm has a market capitalization of $6.19 billion, a PE ratio of 36.64 and a beta of 1.37. Enphase Energy has a fifty-two week low of $25.77 and a fifty-two week high of $70.78.

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

Insiders Place Their Bets

In other Enphase Energy news, Director Thurman J. Rodgers sold 150,000 shares of the stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $29.13, for a total transaction of $4,369,500.00. Following the sale, the director owned 1,733,596 shares of the company’s stock, valued at approximately $50,499,651.48. This trade represents a 7.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mandy Yang sold 6,000 shares of Enphase Energy stock in a transaction on Friday, December 12th. The shares were sold at an average price of $33.01, for a total value of $198,060.00. Following the completion of the transaction, the executive vice president owned 68,987 shares in the company, valued at $2,277,260.87. This represents a 8.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Enphase Energy

A number of large investors have recently added to or reduced their stakes in the company. PFG Investments LLC grew its stake in Enphase Energy by 2.2% during the 4th quarter. PFG Investments LLC now owns 12,191 shares of the semiconductor company’s stock worth $391,000 after buying an additional 260 shares during the last quarter. Swiss Life Asset Management Ltd boosted its holdings in Enphase Energy by 5.5% in the third quarter. Swiss Life Asset Management Ltd now owns 6,132 shares of the semiconductor company’s stock worth $217,000 after acquiring an additional 319 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its stake in shares of Enphase Energy by 77.8% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 350 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Enphase Energy by 4.5% during the second quarter. QRG Capital Management Inc. now owns 8,616 shares of the semiconductor company’s stock valued at $342,000 after acquiring an additional 369 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Enphase Energy by 19.2% in the 4th quarter. GAMMA Investing LLC now owns 2,431 shares of the semiconductor company’s stock valued at $78,000 after purchasing an additional 392 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors.

Key Stories Impacting Enphase Energy

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

• Positive Sentiment: Enphase beat Q4 EPS and revenue expectations and raised Q1 revenue guidance (now ~ $270–$300M) with management saying bookings are ~90% of midpoint — the core catalyst for the rally. ENPH Stock Soars 50% on Earnings Beat—Is It a Data Center Play?
• Positive Sentiment: Multiple brokers raised ratings/targets or upgraded coverage after the print (HSBC to buy $52, Wells Fargo overweight to $50, Roth raising target to $55 and others), supporting momentum and buy-side interest. Enphase Energy price target raised to $40 from $35 at TD Cowen
• Positive Sentiment: CEO Badrinarayanan Kothandaraman purchased 5,000 shares (~$260k), a visible insider buy that signals management confidence. SEC Form 4 — Insider Purchase
• Neutral Sentiment: High short interest (~22%) likely accelerated the post‑earnings move via short covering — this boosts upside in the near term but also increases the risk of sharp reversals. MarketBeat Coverage / Short Interest
• Negative Sentiment: Revenue was down ~10% YoY and management reported a drop in Q4 microinverter shipments; the company also announced ~160 job cuts — signs of ongoing structural pressure that could limit margin recovery. Enphase to cut 160 jobs globally
• Negative Sentiment: Some post‑earnings analyst targets (e.g., Deutsche Bank, TD Cowen updates) still imply limited upside or even downside versus current levels — and several commentators warn the stock is overbought, raising near‑term pullback risk. Deutsche Bank adjusts price target to $38

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.