Enphase Energy (NASDAQ:ENPH) Shares Gap Up After Strong Earnings

Enphase Energy, Inc. (NASDAQ:ENPH) gapped up prior to trading on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $37.28, but opened at $48.00. Enphase Energy shares last traded at $50.5680, with a volume of 15,052,265 shares traded.

The semiconductor company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.19. The firm had revenue of $343.32 million for the quarter, compared to the consensus estimate of $340.45 million. Enphase Energy had a return on equity of 20.31% and a net margin of 11.69%.The firm’s revenue was down 10.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.94 earnings per share.

More Enphase Energy News

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

• Positive Sentiment: Enphase beat Q4 EPS and revenue expectations and raised Q1 revenue guidance (now ~ $270–$300M) with management saying bookings are ~90% of midpoint — the core catalyst for the rally. ENPH Stock Soars 50% on Earnings Beat—Is It a Data Center Play?
• Positive Sentiment: Multiple brokers raised ratings/targets or upgraded coverage after the print (HSBC to buy $52, Wells Fargo overweight to $50, Roth raising target to $55 and others), supporting momentum and buy-side interest. Enphase Energy price target raised to $40 from $35 at TD Cowen
• Positive Sentiment: CEO Badrinarayanan Kothandaraman purchased 5,000 shares (~$260k), a visible insider buy that signals management confidence. SEC Form 4 — Insider Purchase
• Neutral Sentiment: High short interest (~22%) likely accelerated the post‑earnings move via short covering — this boosts upside in the near term but also increases the risk of sharp reversals. MarketBeat Coverage / Short Interest
• Negative Sentiment: Revenue was down ~10% YoY and management reported a drop in Q4 microinverter shipments; the company also announced ~160 job cuts — signs of ongoing structural pressure that could limit margin recovery. Enphase to cut 160 jobs globally
• Negative Sentiment: Some post‑earnings analyst targets (e.g., Deutsche Bank, TD Cowen updates) still imply limited upside or even downside versus current levels — and several commentators warn the stock is overbought, raising near‑term pullback risk. Deutsche Bank adjusts price target to $38

Wall Street Analysts Forecast Growth

ENPH has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Enphase Energy from $33.00 to $39.00 and gave the stock a “neutral” rating in a research report on Wednesday. Royal Bank Of Canada raised shares of Enphase Energy from a “sector perform” rating to an “outperform” rating and set a $54.00 price target for the company in a research note on Wednesday. Oppenheimer lifted their price target on shares of Enphase Energy from $67.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday. Northland Securities upped their price objective on Enphase Energy from $52.00 to $62.00 and gave the company an “outperform” rating in a report on Monday, December 29th. Finally, Glj Research set a $21.70 price objective on Enphase Energy in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $42.70.

Insider Activity at Enphase Energy

In other news, EVP Mandy Yang sold 6,000 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $33.01, for a total transaction of $198,060.00. Following the completion of the transaction, the executive vice president directly owned 68,987 shares in the company, valued at $2,277,260.87. This trade represents a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was purchased at an average price of $51.98 per share, for a total transaction of $259,900.00. Following the acquisition, the chief executive officer directly owned 1,640,632 shares in the company, valued at approximately $85,280,051.36. This trade represents a 0.31% increase in their position. The SEC filing for this purchase provides additional information. 3.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Enphase Energy

Several hedge funds have recently bought and sold shares of the company. Abacus Wealth Partners LLC acquired a new position in Enphase Energy in the 4th quarter valued at about $380,000. DNB Asset Management AS boosted its stake in shares of Enphase Energy by 2.0% in the fourth quarter. DNB Asset Management AS now owns 321,823 shares of the semiconductor company’s stock valued at $10,314,000 after purchasing an additional 6,176 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of Enphase Energy by 6.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 124,491 shares of the semiconductor company’s stock valued at $3,989,000 after purchasing an additional 7,396 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in Enphase Energy by 1.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 29,918 shares of the semiconductor company’s stock worth $959,000 after buying an additional 467 shares during the period. Finally, Liberty Wealth Management LLC increased its stake in Enphase Energy by 0.3% during the 4th quarter. Liberty Wealth Management LLC now owns 130,067 shares of the semiconductor company’s stock worth $4,169,000 after buying an additional 453 shares during the period. Institutional investors and hedge funds own 72.12% of the company’s stock.

Enphase Energy Stock Performance

The company has a current ratio of 2.07, a quick ratio of 1.88 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $6.19 billion, a price-to-earnings ratio of 36.64 and a beta of 1.37. The stock’s fifty day simple moving average is $34.68 and its 200-day simple moving average is $34.63.

About Enphase Energy

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.