Northland Securities Comments on Enphase Energy Q1 Earnings

Enphase Energy, Inc. (NASDAQ:ENPH) – Research analysts at Northland Securities raised their Q1 2026 earnings per share estimates for Enphase Energy in a research report issued to clients and investors on Wednesday, February 4th. Northland Securities analyst G. Richard now expects that the semiconductor company will earn $0.04 per share for the quarter, up from their prior forecast of $0.01. Northland Securities currently has a “Outperform” rating and a $62.00 target price on the stock. The consensus estimate for Enphase Energy’s current full-year earnings is $2.08 per share. Northland Securities also issued estimates for Enphase Energy’s Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.24 EPS, Q4 2026 earnings at $0.17 EPS, FY2026 earnings at $0.60 EPS, Q1 2027 earnings at $0.13 EPS, Q3 2027 earnings at $0.41 EPS and Q4 2027 earnings at $0.38 EPS.

Several other equities analysts have also recently weighed in on ENPH. BMO Capital Markets raised shares of Enphase Energy from an “underperform” rating to a “market perform” rating and raised their price target for the company from $31.00 to $41.00 in a research report on Wednesday. Wells Fargo & Company raised their target price on Enphase Energy from $45.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Roth Mkm reiterated a “buy” rating and set a $55.00 price target (up previously from $45.00) on shares of Enphase Energy in a report on Wednesday, February 4th. HSBC upgraded Enphase Energy from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Wednesday, February 4th. Finally, Zacks Research lowered shares of Enphase Energy from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $42.70.

Enphase Energy Stock Up 5.4%

Shares of NASDAQ ENPH opened at $49.80 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.07 and a quick ratio of 1.84. The company has a 50-day moving average price of $35.10 and a 200-day moving average price of $34.63. The stock has a market capitalization of $6.52 billion, a P/E ratio of 38.60 and a beta of 1.37. Enphase Energy has a 1 year low of $25.77 and a 1 year high of $70.78.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.19. Enphase Energy had a net margin of 11.69% and a return on equity of 20.31%. The business had revenue of $343.32 million during the quarter, compared to analyst estimates of $340.45 million. During the same quarter in the previous year, the business posted $0.94 EPS. Enphase Energy’s quarterly revenue was down 10.3% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Mizuho Markets Cayman LP raised its stake in Enphase Energy by 20.6% in the 4th quarter. Mizuho Markets Cayman LP now owns 21,192 shares of the semiconductor company’s stock valued at $679,000 after acquiring an additional 3,626 shares during the period. Nano Cap New Millennium Growth Fund L P bought a new position in Enphase Energy during the fourth quarter worth about $160,000. Leonteq Securities AG purchased a new position in shares of Enphase Energy in the fourth quarter worth about $3,826,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Enphase Energy during the 4th quarter valued at approximately $8,541,000. Finally, Handelsbanken Fonder AB lifted its stake in shares of Enphase Energy by 3.3% during the 4th quarter. Handelsbanken Fonder AB now owns 214,071 shares of the semiconductor company’s stock valued at $6,861,000 after buying an additional 6,800 shares in the last quarter. Institutional investors own 72.12% of the company’s stock.

Insider Activity

In other news, CEO Badrinarayanan Kothandaraman acquired 5,000 shares of Enphase Energy stock in a transaction on Thursday, February 5th. The stock was acquired at an average cost of $51.98 per share, with a total value of $259,900.00. Following the completion of the acquisition, the chief executive officer owned 1,640,632 shares in the company, valued at approximately $85,280,051.36. This trade represents a 0.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thurman J. Rodgers sold 150,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $29.13, for a total value of $4,369,500.00. Following the completion of the sale, the director directly owned 1,733,596 shares of the company’s stock, valued at $50,499,651.48. This represents a 7.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 3.10% of the company’s stock.

Trending Headlines about Enphase Energy

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

• Positive Sentiment: Q4 beat and raised guidance — Enphase reported $0.71 EPS on $343.3M revenue (above consensus) and raised Q1 revenue guidance with management saying bookings are ~90% to the midpoint, which underpins the bullish market reaction. Enphase Energy Shares Rally After Forecast, Results Beat Estimates
• Positive Sentiment: Analyst upgrades and price‑target lifts — Multiple firms raised ratings/targets (examples: TD Cowen raised its target to $40; HSBC upgraded to strong‑buy; Oppenheimer lifted its target), supporting momentum and buy‑side interest. Enphase Energy price target raised to $40 from $35 at TD Cowen
• Positive Sentiment: Insider buying — CEO Badrinarayanan Kothandaraman purchased 5,000 shares at ~$51.98, a visible management vote of confidence that traders often treat as supportive. SEC Form 4 — CEO Purchase
• Neutral Sentiment: Short‑interest and squeeze dynamics — Elevated short interest (~20–22%) amplified the post‑earnings rally (short covering can push price well beyond fundamentals but also raises volatility). ENPH Stock Soars 50% on Earnings Beat—Is It a Data Center Play?
• Negative Sentiment: Near‑term demand and cost pressure — Revenue was down ~10% YoY, microinverter shipments declined and the company announced ~160 job cuts, underscoring cyclical weakness that could weigh on near‑term results. Enphase to cut 160 jobs globally, shipments drop
• Negative Sentiment: Valuation and caution from some analysts — A handful of firms (e.g., Deutsche Bank) trimmed targets or maintained cautious ratings, and commentators flag ENPH as overbought after the sharp post‑earnings run, implying downside risk if momentum fades. Deutsche Bank adjusts ENPH price target to $38

Enphase Energy Company Profile

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.