Enphase Energy (NASDAQ:ENPH – Free Report) had its price objective increased by Glj Research from $21.70 to $24.47 in a report released on Tuesday, Marketbeat.com reports. They currently have a sell rating on the semiconductor company’s stock.
Other analysts also recently issued reports about the stock. Sanford C. Bernstein initiated coverage on shares of Enphase Energy in a research report on Tuesday, June 16th. They issued a “market perform” rating and a $56.00 price target on the stock. Oppenheimer decreased their price objective on shares of Enphase Energy from $68.00 to $57.00 and set an “outperform” rating for the company in a report on Wednesday, April 29th. UBS Group set a $85.00 target price on shares of Enphase Energy in a research note on Friday, May 22nd. The Goldman Sachs Group increased their target price on shares of Enphase Energy from $51.00 to $57.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Citigroup reissued a “neutral” rating on shares of Enphase Energy in a research report on Wednesday, July 22nd. Eight investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $45.61.
View Our Latest Stock Analysis on ENPH
Enphase Energy Trading Up 6.6%
Enphase Energy (NASDAQ:ENPH – Get Free Report) last issued its earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The company had revenue of $291.85 million for the quarter, compared to the consensus estimate of $289.76 million. Enphase Energy had a return on equity of 13.31% and a net margin of 10.09%.Enphase Energy’s quarterly revenue was down 19.6% on a year-over-year basis. During the same quarter last year, the business posted $0.69 EPS. On average, equities analysts expect that Enphase Energy will post 0.82 earnings per share for the current year.
Insider Activity
In other Enphase Energy news, Director Shanker Trivedi bought 1,000 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was acquired at an average cost of $53.91 per share, with a total value of $53,910.00. Following the purchase, the director owned 1,000 shares in the company, valued at $53,910. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Badrinarayanan Kothandaraman bought 5,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $67.50 per share, for a total transaction of $337,500.00. Following the completion of the acquisition, the chief executive officer directly owned 1,645,632 shares in the company, valued at approximately $111,080,160. This trade represents a 0.30% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.90% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of ENPH. PFG Investments LLC raised its holdings in Enphase Energy by 2.2% in the fourth quarter. PFG Investments LLC now owns 12,191 shares of the semiconductor company’s stock worth $391,000 after purchasing an additional 260 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Enphase Energy by 77.8% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 350 shares in the last quarter. GAMMA Investing LLC grew 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 worth $78,000 after buying an additional 392 shares during the period. Maryland State Retirement & Pension System grew its position in shares of Enphase Energy by 1.6% in the 4th quarter. Maryland State Retirement & Pension System now owns 26,375 shares of the semiconductor company’s stock worth $845,000 after buying an additional 404 shares during the period. Finally, Rakuten Securities Inc. increased its stake in shares of Enphase Energy by 33.6% in the 2nd quarter. Rakuten Securities Inc. now owns 1,629 shares of the semiconductor company’s stock worth $65,000 after acquiring an additional 410 shares in the last quarter. Institutional investors own 72.12% of the company’s stock.
Enphase Energy News Roundup
Here are the key news stories impacting Enphase Energy this week:
- Positive Sentiment: Management expects third-quarter revenue of $290 million to $320 million and is targeting shipments of its IQ Battery 5 in the fourth quarter of 2026. The company also expects a $75 million safe-harbor contribution, offering some support for near-term revenue visibility. Enphase Q3 revenue outlook and IQ Battery 5 shipments
- Positive Sentiment: Enphase highlighted energy storage, financing programs and commercial expansion as bridges to renewed growth. Stronger European demand, new data-center products and the IQ EV Charger 2 could help offset the U.S. residential slowdown. Enphase Q2 earnings call highlights
- Positive Sentiment: The company unveiled a technical white paper for its Kestrel ASIC, a fifth-generation custom silicon platform intended to improve security, connectivity and power management across microinverters, batteries, EV chargers and other products. Enphase Kestrel ASIC white paper
- Neutral Sentiment: GLJ Research said Enphase’s stock is expected to rise, but the report provides less concrete detail than the company’s earnings guidance. GLJ Research outlook for Enphase
- Negative Sentiment: Second-quarter adjusted EPS of $0.46 narrowly missed estimates of $0.47, while revenue of $291.9 million was down 19.6% year over year. Weak U.S. sales remain the primary concern despite solid profitability and improving European demand. Enphase Q2 earnings results
- Negative Sentiment: Citigroup cut its price target from $43 to $40 and retained a neutral rating. BMO Capital Markets reduced its target from $39 to $37 and assigned a market-perform rating, signaling limited near-term upside. Analyst price-target changes for Enphase
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.
Further Reading
- Five stocks we like better than Enphase Energy
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Enphase Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enphase Energy and related companies with MarketBeat.com's FREE daily email newsletter.
