Enphase Energy (NASDAQ:ENPH) Issues Earnings Results, Misses Expectations By $0.15 EPS

Enphase Energy (NASDAQ:ENPH) posted its quarterly earnings results on Tuesday. The semiconductor company reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.15), Zacks reports. Enphase Energy had a net margin of 4.91% and a return on equity of 10.56%. Enphase Energy updated its Q1 2025 guidance to EPS.

Enphase Energy Stock Up 3.7 %

NASDAQ:ENPH opened at $66.25 on Wednesday. Enphase Energy has a 52 week low of $58.33 and a 52 week high of $141.63. The firm has a market capitalization of $8.95 billion, a PE ratio of 150.57, a price-to-earnings-growth ratio of 8.22 and a beta of 1.68. The company has a current ratio of 4.16, a quick ratio of 3.88 and a debt-to-equity ratio of 1.29. The stock has a 50 day moving average of $69.02 and a 200-day moving average of $89.11.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Evercore ISI lowered their target price on shares of Enphase Energy from $133.00 to $125.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. Jefferies Financial Group downgraded shares of Enphase Energy from a “hold” rating to an “underperform” rating and cut their target price for the company from $93.00 to $61.00 in a research note on Thursday, November 7th. Raymond James reduced their price target on Enphase Energy from $140.00 to $130.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 23rd. Piper Sandler cut their price objective on shares of Enphase Energy from $85.00 to $70.00 and set a “neutral” rating on the stock in a report on Friday, November 22nd. Finally, Roth Mkm reduced their target price on Enphase Energy from $130.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, Enphase Energy currently has a consensus rating of “Hold” and a consensus price target of $93.42.

Enphase Energy Company Profile

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.