Enphase Energy (NASDAQ:ENPH) Shares Up 9.3% – Still a Buy?

Posted by Francis Steltz on Nov 2nd, 2026

Shares of Enphase Energy, Inc. (NASDAQ:ENPH – Get Free Report) traded up 9.3% during mid-day trading on Monday. The company traded as high as $27.84 and last traded at $28.0310. Approximately 1,125,611 shares were traded during mid-day trading, a decline of 83% from the average session volume of 6,462,525 shares. The stock had previously closed at $25.65.

Analyst Ratings Changes

Several equities analysts have recently commented on ENPH shares. BMO Capital Markets lowered their price objective on shares of Enphase Energy from $28.00 to $25.00 and set a “market perform” rating for the company in a research note on Wednesday, October 28th. Glj Research cut their target price on Enphase Energy from $24.47 to $21.49 and set a “sell” rating on the stock in a research note on Monday, October 26th. Weiss Ratings downgraded Enphase Energy from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday. JPMorgan Chase & Co. lowered their price target on Enphase Energy from $35.00 to $29.00 and set a “neutral” rating for the company in a research report on Wednesday, October 28th. Finally, Citigroup dropped their price objective on Enphase Energy from $37.00 to $25.00 and set a “neutral” rating for the company in a report on Friday. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Enphase Energy currently has an average rating of “Hold” and an average target price of $35.11.

Get Our Latest Stock Report on Enphase Energy

Enphase Energy Stock Up 11.0%

The company’s fifty day simple moving average is $33.63 and its 200 day simple moving average is $40.96. The company has a current ratio of 4.09, a quick ratio of 3.56 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $3.77 billion, a P/E ratio of 42.45 and a beta of 1.44.

Enphase Energy (NASDAQ:ENPH – Get Free Report) last announced its earnings results on Tuesday, October 27th. The semiconductor company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.10). The company had revenue of $293.33 million for the quarter, compared to the consensus estimate of $304.59 million. Enphase Energy had a net margin of 7.49% and a return on equity of 9.16%. The company’s revenue for the quarter was down 28.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.90 EPS. Research analysts expect that Enphase Energy, Inc. will post 0.34 EPS for the current year.

Insider Buying and Selling

In other Enphase Energy news, Director Richard Mora sold 1,500 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $40.36, for a total value of $60,540.00. Following the completion of the sale, the director directly owned 10,422 shares in the company, valued at $420,631.92. This trade represents a 12.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 2.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Compass Financial Management LLC purchased a new stake in Enphase Energy in the third quarter worth $1,199,000. Hollow Brook Wealth Management LLC bought a new position in Enphase Energy in the third quarter worth $330,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Enphase Energy during the third quarter valued at $1,650,000. ProShare Advisors LLC lifted its position in Enphase Energy by 32.7% during the third quarter. ProShare Advisors LLC now owns 20,437 shares of the semiconductor company’s stock valued at $674,000 after buying an additional 5,037 shares during the period. Finally, State of Wyoming bought a new stake in shares of Enphase Energy during the 3rd quarter valued at $52,000. Institutional investors own 72.12% of the company’s stock.

Enphase Energy Company Profile

(Get Free Report)

Enphase Energy, Inc develops and manufactures technology for residential and commercial solar energy systems. Its products include solar microinverters, which convert electricity generated by individual solar panels into usable power, along with integrated energy management technologies designed to improve system performance, monitoring and reliability.

The company also offers battery storage systems, electric vehicle chargers and software that enables customers, installers and utilities to monitor and manage distributed energy resources.