Enphase Energy (NASDAQ:ENPH) Given New $37.00 Price Target at BMO Capital Markets

Enphase Energy (NASDAQ:ENPH) had its price objective decreased by stock analysts at BMO Capital Markets from $39.00 to $37.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “market perform” rating on the semiconductor company’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 1.55% from the company’s current price.

Several other research firms have also weighed in on ENPH. The Goldman Sachs Group upped 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. TD Cowen reduced their price target on shares of Enphase Energy from $70.00 to $48.00 and set a “hold” rating on the stock in a research report on Monday, July 20th. Evercore set a $37.00 price objective on shares of Enphase Energy in a research note on Monday, May 4th. Roth Capital reaffirmed a “buy” rating on shares of Enphase Energy in a report on Friday, May 22nd. Finally, Weiss Ratings upgraded shares of Enphase Energy from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $45.76.

Enphase Energy Price Performance

Shares of ENPH traded up $0.12 during mid-day trading on Wednesday, reaching $36.44. The company had a trading volume of 3,009,448 shares, compared to its average volume of 7,057,987. Enphase Energy has a twelve month low of $25.77 and a twelve month high of $73.74. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.80 and a quick ratio of 3.20. The company’s 50-day moving average is $51.01 and its 200-day moving average is $43.80. The company has a market capitalization of $4.80 billion, a P/E ratio of 36.12 and a beta of 1.62.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. Enphase Energy had a return on equity of 16.88% and a net margin of 9.64%.The business had revenue of $291.85 million for the quarter, compared to analyst estimates of $289.76 million. During the same quarter in the previous year, the firm earned $0.69 EPS. Enphase Energy’s quarterly revenue was down 19.6% on a year-over-year basis. On average, equities analysts anticipate that Enphase Energy will post 0.82 EPS for the current year.

Insider Activity

In other news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased 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 owned 1,645,632 shares in the company, valued at $111,080,160. This trade represents a 0.30% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard Mora sold 700 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $64.20, for a total transaction of $44,940.00. Following the transaction, the director owned 13,922 shares of the company’s stock, valued at approximately $893,792.40. This represents a 4.79% decrease in their position. The SEC filing for this sale provides additional information. 2.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Enphase Energy

Several hedge funds have recently bought and sold shares of ENPH. Handelsbanken Fonder AB boosted its position in shares of Enphase Energy by 154.9% during the second quarter. Handelsbanken Fonder AB now owns 2,111,158 shares of the semiconductor company’s stock worth $103,953,000 after purchasing an additional 1,283,052 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Enphase Energy in the 2nd quarter valued at $48,000. Assenagon Asset Management S.A. raised its stake in Enphase Energy by 102.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 55,495 shares of the semiconductor company’s stock worth $2,733,000 after buying an additional 28,100 shares during the period. Western Wealth Management LLC acquired a new stake in Enphase Energy during the 1st quarter worth $151,000. Finally, Militia Capital Management LLC bought a new position in Enphase Energy during the first quarter worth about $688,000. 72.12% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Enphase Energy

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Profitability held up better than growth. Enphase reported second-quarter adjusted EPS of $0.46, in line with expectations, while revenue of $291.9 million slightly exceeded consensus. Management highlighted robust gross margins and continued execution despite a challenging market. Enphase Energy Q2 2026 Earnings Call Highlights
• Positive Sentiment: New products could expand Enphase’s addressable market. The company is accelerating its strategy for AI data centers and has launched products including solutions for data centers and the IQ EV Charger 2. It also published a white paper for its Kestrel fifth-generation custom ASIC, designed to improve security, connectivity and power management across microinverters, batteries, EV chargers and solid-state transformers. Enphase Unveils Kestrel ASIC White Paper
• Neutral Sentiment: Near-term guidance was broadly consistent with expectations. Enphase forecast third-quarter revenue of $290 million to $320 million, with a midpoint of approximately $305 million versus analyst expectations of $308.8 million. This suggests limited near-term upside but no major guidance reset. Enphase Meets Q2 Expectations
• Negative Sentiment: Revenue and earnings remain below last year’s levels. Second-quarter revenue fell 19.6% year over year to $291.9 million, while EPS declined from $0.69 to $0.46. Analysts are focused on whether new products can offset the company’s current growth slowdown.
• Negative Sentiment: U.S. demand remains a significant headwind. Recent coverage described lower U.S. sales despite stronger European demand, creating uncertainty about the pace of the solar-market recovery. GLJ Research maintains a “sell” rating and raised its price target only to $24.47, implying substantial downside from recent trading levels. GLJ Research Enphase Price Target

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.