The Analyst Verdict: Enphase Energy In The Eyes Of 33 Experts

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In the last three months, 33 analysts have published ratings on Enphase Energy ENPH, offering a diverse range of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 9 16 2 1
Last 30D 0 1 0 0 0
1M Ago 1 1 1 0 0
2M Ago 0 1 4 0 0
3M Ago 4 6 11 2 1

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $94.42, a high estimate of $145.00, and a low estimate of $61.00. Highlighting a 18.38% decrease, the current average has fallen from the previous average price target of $115.68.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Enphase Energy among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Christine Cho Barclays Lowers Overweight $91.00 $114.00
Praneeth Satish Wells Fargo Lowers Overweight $83.00 $101.00
Vikram Bagri Citigroup Raises Neutral $72.00 $71.00
Brian Lee Goldman Sachs Lowers Buy $121.00 $145.00
Kashy Harrison Piper Sandler Lowers Neutral $70.00 $85.00
Chris Dendrinos RBC Capital Lowers Sector Perform $71.00 $85.00
Austin Moeller Canaccord Genuity Maintains Hold $76.00 $76.00
Gus Richard Northland Capital Markets Lowers Outperform $90.00 $110.00
Andrew Percoco Morgan Stanley Lowers Equal-Weight $74.00 $93.00
Austin Moeller Canaccord Genuity Lowers Hold $76.00 $95.00
Daniel Yang HSBC Lowers Hold $81.00 $154.00
Sean Milligan Jefferies Lowers Underperform $61.00 $93.00
Julien Dumoulin-Smith B of A Securities Lowers Underperform $62.00 $72.00
Tom Curran Seaport Global Lowers Buy $129.00 $144.00
Gus Richard Northland Capital Markets Lowers Outperform $110.00 $150.00
Biju Perincheril Susquehanna Lowers Neutral $85.00 $104.00
Vikram Bagri Citigroup Lowers Neutral $88.00 $99.00
Chris Dendrinos RBC Capital Lowers Sector Perform $85.00 $100.00
Christine Cho Barclays Lowers Overweight $114.00 $129.00
Austin Moeller Canaccord Genuity Lowers Hold $95.00 $140.00
Mark Strouse JP Morgan Lowers Overweight $120.00 $130.00
Philip Shen Roth MKM Lowers Buy $100.00 $130.00
Brian Lee Goldman Sachs Lowers Buy $145.00 $170.00
James West Evercore ISI Group Lowers Outperform $125.00 $133.00
Pavel Molchanov Raymond James Lowers Outperform $130.00 $140.00
Eric Stine Craig-Hallum Lowers Buy $123.00 $153.00
Kashy Harrison Piper Sandler Lowers Neutral $85.00 $105.00
Colin Rusch Oppenheimer Lowers Outperform $101.00 $134.00
Joseph Osha Guggenheim Announces Sell $73.00 -
Andrew Percoco Morgan Stanley Lowers Equal-Weight $93.00 $102.00
Sean Milligan Janney Montgomery Scott Announces Neutral $83.00 -
Vikram Bagri Citigroup Lowers Neutral $99.00 $114.00
Kashy Harrison Piper Sandler Lowers Neutral $105.00 $115.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Enphase Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Enphase Energy compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Enphase Energy's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Enphase Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Enphase Energy analyst ratings.

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.

Enphase Energy's Economic Impact: An Analysis

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Enphase Energy's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -30.89%. This indicates a decrease in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Enphase Energy's net margin is impressive, surpassing industry averages. With a net margin of 12.02%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Enphase Energy's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.04%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Enphase Energy's ROA stands out, surpassing industry averages. With an impressive ROA of 1.42%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Enphase Energy's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.4, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

How Are Analyst Ratings Determined?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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