TD Cowen Boosts Enphase Energy (NASDAQ:ENPH) Price Target to $40.00

Enphase Energy (NASDAQ:ENPH) had its price target increased by equities research analysts at TD Cowen from $35.00 to $40.00 in a research note issued on Wednesday, MarketBeat.com reports. The brokerage currently has a “hold” rating on the semiconductor company’s stock. TD Cowen’s price target would indicate a potential downside of 15.38% from the stock’s previous close.

Several other equities analysts also recently issued reports on ENPH. Citigroup upped their price objective on shares of Enphase Energy from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday. Northland Securities raised their price objective on Enphase Energy from $52.00 to $62.00 and gave the stock an “outperform” rating in a report on Monday, December 29th. Loop Capital set a $31.00 price objective on Enphase Energy in a research report on Thursday, October 30th. Wall Street Zen downgraded Enphase Energy from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, BMO Capital Markets upgraded Enphase Energy from an “underperform” rating to a “market perform” rating and lifted their price target for the company from $31.00 to $41.00 in a report on Wednesday. One investment 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 MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $42.70.

Enphase Energy Stock Down 8.5%

Shares of NASDAQ:ENPH opened at $47.27 on Wednesday. The company has a quick ratio of 1.88, a current ratio of 2.07 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $6.19 billion, a P/E ratio of 36.64 and a beta of 1.37. Enphase Energy has a 52-week low of $25.77 and a 52-week high of $70.78. The stock’s fifty day simple moving average is $34.68 and its 200-day simple moving average is $34.63.

Enphase Energy (NASDAQ:ENPH) last announced its earnings results on Tuesday, February 3rd. The semiconductor company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.19. The firm had revenue of $343.32 million during the quarter, compared to the consensus estimate of $340.45 million. Enphase Energy had a net margin of 11.69% and a return on equity of 20.31%. The firm’s revenue for the quarter was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.94 EPS. As a group, equities research analysts forecast that Enphase Energy will post 2.08 earnings per share for the current fiscal year.

Insider Activity

In other Enphase Energy news, EVP Mandy Yang sold 6,000 shares of Enphase Energy stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $33.01, for a total transaction of $198,060.00. Following the transaction, the executive vice president directly owned 68,987 shares of the company’s stock, valued at $2,277,260.87. The trade was a 8.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Thurman J. Rodgers sold 150,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $29.13, for a total transaction of $4,369,500.00. Following the sale, the director owned 1,733,596 shares of the company’s stock, valued at approximately $50,499,651.48. This represents a 7.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.10% of the company’s stock.

Institutional Trading of Enphase Energy

Institutional investors have recently added to or reduced their stakes in the business. Abacus Wealth Partners LLC acquired a new stake in Enphase Energy in the 4th quarter valued at $380,000. DNB Asset Management AS grew 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 buying an additional 6,176 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Enphase Energy by 6.3% during the 4th quarter. Thrivent Financial for Lutherans now owns 124,491 shares of the semiconductor company’s stock valued at $3,989,000 after buying an additional 7,396 shares during the period. Oregon Public Employees Retirement Fund lifted its position 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 acquiring an additional 467 shares in the last quarter. Finally, Liberty Wealth Management LLC boosted its holdings in Enphase Energy by 0.3% in the 4th quarter. Liberty Wealth Management LLC now owns 130,067 shares of the semiconductor company’s stock worth $4,169,000 after acquiring an additional 453 shares during the period. 72.12% of the stock is owned by hedge funds and other institutional investors.

Enphase Energy News Summary

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

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.