Enphase Energy (NASDAQ:ENPH) Sets New 1-Year Low – What’s Next?

Enphase Energy, Inc. (NASDAQ:ENPH) shares hit a new 52-week low on Thursday . The stock traded as low as $28.86 and last traded at $28.8630, with a volume of 4281265 shares. The stock had previously closed at $30.71.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Loop Capital set a $31.00 price objective on shares of Enphase Energy in a research note on Thursday, October 30th. Mizuho downgraded shares of Enphase Energy from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $50.00 to $37.00 in a research note on Thursday, October 23rd. TD Cowen dropped their price objective on shares of Enphase Energy from $40.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday, October 29th. Johnson Rice downgraded Enphase Energy from a “buy” rating to an “accumulate” rating and set a $45.00 target price for the company. in a research report on Wednesday, July 30th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $41.00 price target on shares of Enphase Energy in a research report on Monday, September 29th. Six investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and thirteen have given a Sell rating to the stock. Based on data from MarketBeat, Enphase Energy has a consensus rating of “Reduce” and an average target price of $41.76.

Enphase Energy Stock Down 5.7%

The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 19.98 and a beta of 1.63. The company has a current ratio of 2.04, a quick ratio of 1.82 and a debt-to-equity ratio of 0.57. The stock has a 50-day moving average of $35.76 and a 200-day moving average of $38.53.

Enphase Energy (NASDAQ:ENPH) last posted its earnings results on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.60 by $0.30. The firm had revenue of $410.43 million for the quarter, compared to analysts’ expectations of $364.64 million. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm earned $0.65 EPS. Enphase Energy has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Enphase Energy, Inc. will post 2.08 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was bought at an average price of $30.69 per share, for a total transaction of $153,450.00. Following the transaction, the chief executive officer owned 1,635,632 shares of the company’s stock, valued at approximately $50,197,546.08. The trade was a 0.31% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Baillie Gifford & Co. grew its stake in Enphase Energy by 32.0% in the 1st quarter. Baillie Gifford & Co. now owns 11,052,357 shares of the semiconductor company’s stock valued at $685,799,000 after buying an additional 2,680,567 shares during the last quarter. Invesco Ltd. grew its position in shares of Enphase Energy by 28.1% in the second quarter. Invesco Ltd. now owns 6,743,674 shares of the semiconductor company’s stock valued at $267,387,000 after purchasing an additional 1,479,153 shares during the last quarter. Federated Hermes Inc. increased its position in Enphase Energy by 264.7% in the 2nd quarter. Federated Hermes Inc. now owns 1,477,751 shares of the semiconductor company’s stock worth $58,593,000 after buying an additional 1,072,602 shares during the period. Norges Bank bought a new position in Enphase Energy in the 2nd quarter worth approximately $40,946,000. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Enphase Energy by 827.3% during the second quarter. Assenagon Asset Management S.A. now owns 1,152,546 shares of the semiconductor company’s stock worth $45,698,000 after buying an additional 1,028,259 shares during the last quarter. 72.12% of the stock is owned by institutional investors and hedge funds.

Enphase Energy Company Profile

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.