Enphase Energy (NASDAQ:ENPH) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Enphase Energy (NASDAQ:ENPH – Free Report) from a hold rating to a buy rating in a research note released on Sunday morning.

A number of other brokerages have also recently weighed in on ENPH. Mizuho dropped their price objective on shares of Enphase Energy from $53.00 to $50.00 and set an “outperform” rating for the company in a report on Monday, July 14th. Wells Fargo & Company lifted their price objective on shares of Enphase Energy from $42.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, July 24th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $37.00 price objective (down previously from $64.00) on shares of Enphase Energy in a report on Tuesday, July 15th. Susquehanna dropped their price objective on shares of Enphase Energy from $51.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, July 21st. Finally, Glj Research lowered their price target on shares of Enphase Energy from $31.11 to $19.80 and set a “sell” rating for the company in a report on Tuesday, July 22nd. Ten analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and twelve have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $55.48.

Read Our Latest Stock Report on ENPH

Enphase Energy Trading Up 2.7%

Shares of ENPH stock opened at $38.99 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.82 and a current ratio of 1.97. The stock has a market capitalization of $5.10 billion, a P/E ratio of 30.46 and a beta of 1.52. The company has a 50 day moving average price of $36.62 and a 200 day moving average price of $44.76. Enphase Energy has a fifty-two week low of $29.89 and a fifty-two week high of $126.19.

Enphase Energy (NASDAQ:ENPH – Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.07. The firm had revenue of $363.15 million during the quarter, compared to analysts’ expectations of $359.14 million. Enphase Energy had a net margin of 11.78% and a return on equity of 24.55%. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.43 earnings per share. Enphase Energy has set its Q3 2025 guidance at EPS. Equities research analysts predict that Enphase Energy will post 2.08 EPS for the current fiscal year.

Insider Buying and Selling at Enphase Energy

In related news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of Enphase Energy stock in a transaction dated Wednesday, August 6th. The stock was acquired at an average price of $30.82 per share, for a total transaction of $154,100.00. Following the transaction, the chief executive officer owned 1,620,632 shares of the company’s stock, valued at $49,947,878.24. This represents a 0.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of Enphase Energy

Several institutional investors and hedge funds have recently bought and sold shares of ENPH. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in Enphase Energy by 431.9% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 514 shares during the last quarter. CX Institutional purchased a new position in Enphase Energy during the 1st quarter worth $29,000. First Horizon Advisors Inc. raised its position in Enphase Energy by 83.0% during the 1st quarter. First Horizon Advisors Inc. now owns 569 shares of the semiconductor company’s stock worth $35,000 after buying an additional 258 shares during the last quarter. SVB Wealth LLC purchased a new position in Enphase Energy during the 1st quarter worth $38,000. Finally, Brooklyn Investment Group raised its position in Enphase Energy by 124.7% during the 1st quarter. Brooklyn Investment Group now owns 663 shares of the semiconductor company’s stock worth $41,000 after buying an additional 368 shares during the last quarter. Hedge funds and other institutional investors own 72.12% of the company’s stock.

About Enphase Energy

(Get Free Report)

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.

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