Enphase Energy (NASDAQ:ENPH) Shares Up 8.9% – Here’s What Happened

Posted by Brian Himes on May 13th, 2026

Enphase Energy, Inc. (NASDAQ:ENPH – Get Free Report)’s stock price traded up 8.9% on Wednesday . The stock traded as high as $41.03 and last traded at $40.8320. 2,231,341 shares changed hands during trading, a decline of 67% from the average session volume of 6,753,544 shares. The stock had previously closed at $37.48.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Citigroup reduced their price objective on shares of Enphase Energy from $37.00 to $31.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Royal Bank Of Canada upgraded shares of Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 price objective for the company in a research report on Wednesday, February 4th. Susquehanna decreased their target price on shares of Enphase Energy from $36.00 to $32.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Jefferies Financial Group decreased their target price on shares of Enphase Energy from $57.00 to $54.00 and set a “buy” rating for the company in a report on Thursday, March 26th. Finally, Morgan Stanley set a $27.00 target price on shares of Enphase Energy in a report on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $40.68.

Check Out Our Latest Research Report on Enphase Energy

Enphase Energy Stock Performance

The stock has a market cap of $5.55 billion, a P/E ratio of 41.74 and a beta of 1.26. The company has a quick ratio of 3.20, a current ratio of 3.80 and a debt-to-equity ratio of 0.52. The firm’s 50-day moving average is $37.62 and its two-hundred day moving average is $36.25.

Enphase Energy (NASDAQ:ENPH – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The semiconductor company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04. Enphase Energy had a net margin of 9.64% and a return on equity of 16.88%. The company had revenue of $282.90 million for the quarter, compared to analyst estimates of $282.28 million. During the same quarter last year, the firm posted $0.68 earnings per share. The company’s quarterly revenue was down 20.6% compared to the same quarter last year. As a group, research analysts expect that Enphase Energy, Inc. will post 0.84 EPS for the current year.

Insider Activity at Enphase Energy

In other news, Director Thurman J. Rodgers sold 137,250 shares of Enphase Energy stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $43.61, for a total value of $5,985,472.50. Following the transaction, the director owned 1,597,641 shares of the company’s stock, valued at $69,673,124.01. This trade represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Enphase Energy

Institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. grew its stake in shares of Enphase Energy by 334.1% in the third quarter. Principal Financial Group Inc. now owns 626,065 shares of the semiconductor company’s stock worth $22,156,000 after acquiring an additional 481,846 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in Enphase Energy by 384.7% in the 3rd quarter. State of Alaska Department of Revenue now owns 71,589 shares of the semiconductor company’s stock valued at $2,533,000 after acquiring an additional 56,818 shares in the last quarter. Nordea Investment Management AB boosted its stake in Enphase Energy by 1,246.8% during the third quarter. Nordea Investment Management AB now owns 158,948 shares of the semiconductor company’s stock worth $5,652,000 after buying an additional 147,146 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in Enphase Energy during the third quarter worth $2,038,000. Finally, Y Intercept Hong Kong Ltd boosted its stake in Enphase Energy by 114.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 56,349 shares of the semiconductor company’s stock worth $1,994,000 after buying an additional 30,026 shares in the last quarter. Institutional investors own 72.12% of the company’s stock.

About Enphase Energy

(Get Free Report)

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.