Citigroup Cuts Enphase Energy (NASDAQ:ENPH) Price Target to $37.00

Posted by Brenda Bartman on Oct 2nd, 2026

Enphase Energy (NASDAQ:ENPH – Free Report) had its price objective reduced by Citigroup from $40.00 to $37.00 in a report released on Tuesday morning,Benzinga reports. They currently have a neutral rating on the semiconductor company’s stock.

Several other research firms have also commented on ENPH. Evercore reissued a “positive” rating and issued a $41.00 price objective on shares of Enphase Energy in a research note on Monday, August 17th. TD Cowen cut their target price on shares of Enphase Energy from $70.00 to $48.00 and set a “hold” rating on the stock in a research note on Monday, July 20th. Susquehanna reduced their target price on shares of Enphase Energy from $45.00 to $39.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Wells Fargo & Company decreased their price target on shares of Enphase Energy from $45.00 to $44.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Finally, Sanford C. Bernstein assumed coverage on shares of Enphase Energy in a research note on Tuesday, June 16th. They issued a “market perform” rating and a $56.00 price target for the company. Nine analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Enphase Energy currently has a consensus rating of “Hold” and a consensus price target of $44.20.

View Our Latest Research Report on ENPH

Enphase Energy Price Performance

ENPH opened at $32.82 on Tuesday. The stock’s 50-day moving average price is $37.02 and its 200 day moving average price is $42.14. Enphase Energy has a 12-month low of $25.77 and a 12-month high of $73.74. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 32.82 and a beta of 1.64. The company has a current ratio of 3.45, a quick ratio of 2.95 and a debt-to-equity ratio of 0.48.

Enphase Energy (NASDAQ:ENPH – Get Free Report) last released its earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). The firm had revenue of $291.85 million during the quarter, compared to analyst estimates of $289.76 million. Enphase Energy had a net margin of 10.09% and a return on equity of 13.31%. The business’s revenue was down 19.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.69 earnings per share. As a group, sell-side analysts expect that Enphase Energy will post 0.69 earnings per share for the current year.

Insider Activity at Enphase Energy

In related news, Director Richard Mora sold 2,000 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $36.76, for a total transaction of $73,520.00. Following the completion of the transaction, the director owned 11,922 shares in the company, valued at approximately $438,252.72. The trade was a 14.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.90% of the company’s stock.

Institutional Trading of Enphase Energy

Institutional investors have recently bought and sold shares of the business. Archer Investment Corp purchased a new position in shares of Enphase Energy in the 2nd quarter valued at about $30,000. Ascentis Independent Advisors acquired a new position in Enphase Energy in the first quarter valued at approximately $33,000. Burnham & Co LLC purchased a new position in Enphase Energy in the second quarter valued at approximately $34,000. Continuum Advisory LLC purchased a new position in Enphase Energy in the second quarter valued at approximately $42,000. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in Enphase Energy during the fourth quarter worth approximately $45,000. 72.12% of the stock is owned by hedge funds and other institutional investors.

Enphase Energy Company Profile

(Get Free Report)

Enphase Energy, Inc develops and manufactures energy technology for residential and commercial solar power systems. The company is best known for its microinverters, which convert electricity generated by individual solar panels from direct current into alternating current for use in homes and businesses or delivery to the electric grid.

Its product portfolio also includes battery storage systems, energy management and monitoring software, electric vehicle chargers, and related communications hardware.