A number of research firms have changed their ratings and price targets for Enphase Energy (NASDAQ: ENPH):

  • 7/3/2017 – Enphase Energy was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Enphase Energy, Inc. delivers microinverter technology for the solar industry, which increases productivity and reliability of solar modules. The Company builds a semiconductor-based microinverter system that converts direct current electricity to alternating current electricity at the individual solar module level. Enphase sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers. Enphase Energy, Inc. is headquartered in Petaluma, California. “
  • 6/23/2017 – Enphase Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Enphase Energy, Inc. delivers microinverter technology for the solar industry, which increases productivity and reliability of solar modules. The Company builds a semiconductor-based microinverter system that converts direct current electricity to alternating current electricity at the individual solar module level. Enphase sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers. Enphase Energy, Inc. is headquartered in Petaluma, California. “
  • 6/22/2017 – Enphase Energy was given a new $1.00 price target on by analysts at Roth Capital. They now have a “hold” rating on the stock.
  • 6/20/2017 – Enphase Energy was upgraded by analysts at Deutsche Bank AG from a “sell” rating to a “hold” rating. They now have a $1.00 price target on the stock.
  • 6/12/2017 – Enphase Energy was given a new $2.00 price target on by analysts at Craig Hallum. They now have a “buy” rating on the stock.
  • 6/2/2017 – Enphase Energy was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 5/15/2017 – Enphase Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Enphase Energy, Inc. delivers microinverter technology for the solar industry, which increases productivity and reliability of solar modules. The Company builds a semiconductor-based microinverter system that converts direct current electricity to alternating current electricity at the individual solar module level. Enphase sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers. Enphase Energy, Inc. is headquartered in Petaluma, California. “
  • 5/10/2017 – Enphase Energy was given a new $1.00 price target on by analysts at Roth Capital. They now have a “hold” rating on the stock.

Shares of Enphase Energy, Inc. (ENPH) traded up 0.2683% during trading on Thursday, reaching $0.8221. 270,619 shares of the company were exchanged. The stock has a 50-day moving average of $0.79 and a 200 day moving average of $1.22. Enphase Energy, Inc. has a 52-week low of $0.65 and a 52-week high of $2.14. The stock’s market capitalization is $69.28 million.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings data on Tuesday, May 9th. The semiconductor company reported ($0.21) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.26) by $0.05. The firm had revenue of $54.75 million during the quarter, compared to analyst estimates of $62.72 million. Enphase Energy had a negative return on equity of 757.76% and a negative net margin of 22.98%. The company’s revenue was down 14.6% on a year-over-year basis. During the same period last year, the company earned ($0.34) earnings per share. On average, equities analysts anticipate that Enphase Energy, Inc. will post ($0.30) earnings per share for the current fiscal year.

Enphase Energy, Inc is a provider of energy management solutions. The Company is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic industry. Its semiconductor-based microinverter system converts direct current (DC) electricity to alternating current (AC) electricity.

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