Northland Capmk Expects Weaker Earnings for Enphase Energy

Enphase Energy, Inc. (NASDAQ:ENPH) – Research analysts at Northland Capmk decreased their Q2 2025 earnings per share (EPS) estimates for Enphase Energy in a note issued to investors on Wednesday, April 23rd. Northland Capmk analyst G. Richard now expects that the semiconductor company will earn $0.31 per share for the quarter, down from their prior estimate of $0.54. The consensus estimate for Enphase Energy’s current full-year earnings is $2.08 per share. Northland Capmk also issued estimates for Enphase Energy’s Q3 2025 earnings at $0.21 EPS, Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $1.15 EPS, Q1 2026 earnings at $0.25 EPS, Q2 2026 earnings at $0.37 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.53 EPS and FY2026 earnings at $1.64 EPS.

Several other equities analysts also recently commented on the company. BMO Capital Markets cut their target price on Enphase Energy from $59.00 to $46.00 and set a “market perform” rating for the company in a research report on Wednesday, April 23rd. Citigroup reissued a “sell” rating and set a $47.00 price target on shares of Enphase Energy in a report on Thursday, April 17th. Mizuho decreased their price objective on shares of Enphase Energy from $81.00 to $65.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 22nd. Wells Fargo & Company cut their target price on shares of Enphase Energy from $75.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, April 24th. Finally, Craig Hallum reduced their price objective on Enphase Energy from $123.00 to $101.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Seven equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Enphase Energy has a consensus rating of “Hold” and an average target price of $70.54.

Enphase Energy Stock Performance

NASDAQ:ENPH opened at $47.71 on Monday. The company has a quick ratio of 3.28, a current ratio of 3.53 and a debt-to-equity ratio of 1.44. The firm has a 50-day moving average price of $57.07 and a 200 day moving average price of $66.29. The firm has a market capitalization of $6.26 billion, a PE ratio of 64.47 and a beta of 1.94. Enphase Energy has a 12-month low of $44.83 and a 12-month high of $141.63.

Enphase Energy (NASDAQ:ENPH) last announced its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.14. Enphase Energy had a net margin of 7.72% and a return on equity of 15.62%.

Insider Activity

In related news, CFO Mandy Yang sold 1,319 shares of the company’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $63.32, for a total value of $83,519.08. Following the completion of the transaction, the chief financial officer now directly owns 78,524 shares of the company’s stock, valued at approximately $4,972,139.68. This represents a 1.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thurman J. Rodgers sold 100,000 shares of the business’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $61.26, for a total value of $6,126,000.00. Following the completion of the sale, the director now owns 1,881,760 shares in the company, valued at approximately $115,276,617.60. This trade represents a 5.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Enphase Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Enphase Energy by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 16,536,218 shares of the semiconductor company’s stock worth $1,135,707,000 after acquiring an additional 44,782 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in Enphase Energy by 32.0% during the fourth quarter. Baillie Gifford & Co. now owns 8,371,790 shares of the semiconductor company’s stock worth $574,975,000 after purchasing an additional 2,028,691 shares during the last quarter. Invesco Ltd. grew its position in Enphase Energy by 43.4% in the fourth quarter. Invesco Ltd. now owns 4,557,865 shares of the semiconductor company’s stock valued at $313,034,000 after purchasing an additional 1,378,978 shares in the last quarter. Geode Capital Management LLC grew its position in Enphase Energy by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 3,429,909 shares of the semiconductor company’s stock valued at $234,994,000 after purchasing an additional 47,593 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in Enphase Energy by 131.6% in the 4th quarter. Nordea Investment Management AB now owns 2,214,999 shares of the semiconductor company’s stock valued at $155,360,000 after buying an additional 1,258,778 shares during the last quarter. Institutional investors and hedge funds own 72.12% of the company’s stock.

About Enphase Energy

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.