Zacks Research Forecasts Higher Earnings for Enphase Energy

Enphase Energy, Inc. (NASDAQ:ENPH) – Research analysts at Zacks Research raised their Q3 2026 earnings per share estimates for Enphase Energy in a report released on Tuesday, December 10th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings of $1.16 per share for the quarter, up from their prior forecast of $1.14. The consensus estimate for Enphase Energy’s current full-year earnings is $0.94 per share. Zacks Research also issued estimates for Enphase Energy’s FY2026 earnings at $3.13 EPS.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.12). Enphase Energy had a net margin of 4.91% and a return on equity of 10.56%. The company had revenue of $380.90 million during the quarter, compared to analysts’ expectations of $392.51 million. During the same period last year, the firm posted $0.84 earnings per share. Enphase Energy’s revenue was down 30.9% on a year-over-year basis.

Several other analysts have also recently issued reports on ENPH. Susquehanna reduced their price target on shares of Enphase Energy from $104.00 to $85.00 and set a “neutral” rating on the stock in a research report on Thursday, October 24th. Oppenheimer cut their price objective on Enphase Energy from $134.00 to $101.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. TD Cowen decreased their target price on Enphase Energy from $130.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Morgan Stanley lowered their target price on Enphase Energy from $93.00 to $74.00 and set an “equal weight” rating for the company in a research note on Friday, November 15th. Finally, BNP Paribas cut Enphase Energy from an “outperform” rating to a “neutral” rating and set a $88.00 price objective for the company. in a research note on Friday, November 8th. Four analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Enphase Energy currently has an average rating of “Hold” and an average price target of $101.13.

Enphase Energy Price Performance

ENPH stock opened at $73.00 on Thursday. The business’s fifty day moving average price is $79.39 and its 200 day moving average price is $102.05. Enphase Energy has a 12-month low of $58.33 and a 12-month high of $141.63. The company has a market capitalization of $9.86 billion, a PE ratio of 165.91, a P/E/G ratio of 21.24 and a beta of 1.69. The company has a current ratio of 4.16, a quick ratio of 3.88 and a debt-to-equity ratio of 1.29.

Hedge Funds Weigh In On Enphase Energy

Large investors have recently modified their holdings of the business. Baillie Gifford & Co. boosted its position in shares of Enphase Energy by 57.9% during the 2nd quarter. Baillie Gifford & Co. now owns 6,285,059 shares of the semiconductor company’s stock worth $626,683,000 after purchasing an additional 2,304,408 shares in the last quarter. Electron Capital Partners LLC boosted its stake in shares of Enphase Energy by 1,021.4% during the 2nd quarter. Electron Capital Partners LLC now owns 1,183,713 shares of the semiconductor company’s stock worth $118,028,000 after acquiring an additional 1,078,154 shares in the last quarter. Anomaly Capital Management LP acquired a new stake in shares of Enphase Energy in the 2nd quarter worth approximately $51,582,000. Mizuho Securities USA LLC increased its stake in Enphase Energy by 4,177.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 448,918 shares of the semiconductor company’s stock valued at $50,737,000 after purchasing an additional 438,424 shares in the last quarter. Finally, Aspex Management HK Ltd acquired a new position in Enphase Energy during the third quarter worth $48,442,000. 72.12% of the stock is owned by hedge funds and other institutional investors.

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.