25 analysts have expressed a variety of opinions on Enphase Energy ENPH over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 11 | 7 | 5 | 0 | 2 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 2 | 0 | 0 | 0 | 1 |
2M Ago | 7 | 5 | 3 | 0 | 1 |
3M Ago | 2 | 1 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $128.39, a high estimate of $166.00, and a low estimate of $45.82. Highlighting a 5.78% decrease, the current average has fallen from the previous average price target of $136.26.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Enphase Energy is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Mark Strouse | JP Morgan | Lowers | Overweight | $124.00 | $128.00 |
Daniel Yang | HSBC | Announces | Buy | $166.00 | - |
Austin Moeller | Canaccord Genuity | Raises | Buy | $150.00 | $130.00 |
Gordon Johnson | GLJ Research | Announces | Sell | $45.82 | - |
Christine Cho | Barclays | Announces | Overweight | $134.00 | - |
Eric Stine | Craig-Hallum | Lowers | Buy | $147.00 | $159.00 |
Christopher Souther | B. Riley Securities | Lowers | Buy | $133.00 | $149.00 |
Chris Dendrinos | RBC Capital | Lowers | Outperform | $130.00 | $140.00 |
Mark Strouse | JP Morgan | Lowers | Overweight | $128.00 | $141.00 |
Ameet Thakkar | BMO Capital | Lowers | Market Perform | $113.00 | $118.00 |
Praneeth Satish | Wells Fargo | Lowers | Overweight | $130.00 | $141.00 |
Dushyant Ailani | Jefferies | Lowers | Hold | $111.00 | $135.00 |
Kashy Harrison | Piper Sandler | Lowers | Neutral | $111.00 | $113.00 |
Philip Shen | Roth MKM | Maintains | Buy | $140.00 | $140.00 |
Austin Moeller | Canaccord Genuity | Lowers | Buy | $130.00 | $132.00 |
Colin Rusch | Oppenheimer | Raises | Outperform | $134.00 | $133.00 |
Maheep Mandloi | Mizuho | Lowers | Buy | $147.00 | $148.00 |
Joseph Osha | Guggenheim | Announces | Sell | $92.00 | - |
Jordan Levy | Truist Securities | Lowers | Buy | $130.00 | $145.00 |
Christopher Souther | B. Riley Securities | Raises | Buy | $149.00 | $121.00 |
Maheep Mandloi | Mizuho | Lowers | Buy | $148.00 | $150.00 |
Philip Shen | Roth MKM | Maintains | Buy | $140.00 | $140.00 |
Markus Leistner | DZ Bank | Announces | Hold | $116.00 | - |
Vikram Bagri | Citigroup | Lowers | Neutral | $121.00 | $126.00 |
Biju Perincheril | Susquehanna | Maintains | Positive | $140.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Enphase Energy. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Enphase Energy compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Enphase Energy's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
To gain a panoramic view of Enphase Energy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Enphase Energy analyst ratings.
All You Need to Know About Enphase Energy
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
A Deep Dive into Enphase Energy's Financials
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Enphase Energy's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -63.73% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -6.11%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Enphase Energy's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -1.69%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Enphase Energy's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.49%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a high debt-to-equity ratio of 1.41, Enphase Energy faces challenges in effectively managing its debt levels, indicating potential financial strain.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.