A share price of Enphase Energy Inc [ENPH] is currently trading at $66.36, up 1.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ENPH shares have gain 6.04% over the last week, with a monthly amount glided 4.19%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Enphase Energy Inc [NASDAQ: ENPH] stock has seen the most recent analyst activity on February 05, 2025, when Canaccord Genuity upgraded its rating to a Buy and also boosted its price target to $82 from $76. Previously, Guggenheim upgraded its rating to Neutral on January 31, 2025. On January 27, 2025, TD Cowen reiterated its Buy rating and revised its price target to $100 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $65 on January 16, 2025. HSBC Securities downgraded its rating to a Hold but $81 remained the price target by the analyst firm on November 08, 2024. Exane BNP Paribas downgraded its rating to Neutral for this stock on November 08, 2024, but kept the price target unchanged to $88. In a note dated November 07, 2024, Jefferies downgraded an Underperform rating on this stock and revised its target price from $93 to $61.
Enphase Energy Inc experienced fluctuations in its stock price throughout the past year between $58.33 and $141.63. Currently, Wall Street analysts expect the stock to reach $101.57 within the next 12 months. Enphase Energy Inc [NASDAQ: ENPH] shares were valued at $66.36 at the most recent close of the market. An investor can expect a potential return of 53.06% based on the average ENPH price forecast.
Analyzing the ENPH fundamentals
Trailing Twelve Months sales for Enphase Energy Inc [NASDAQ:ENPH] were 1.33B which represents 26.49% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.83 points at the first support level, and at 63.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.33, and for the 2nd resistance point, it is at 72.31.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Enphase Energy Inc [NASDAQ:ENPH] is 3.53. As well, the Quick Ratio is 3.28, while the Cash Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 6.61, the price to book ratio is 10.55 and price to earnings (TTM) ratio is 89.89.
Transactions by insiders
Recent insider trading involved Kothandaraman Badrinarayanan, President & CEO, that happened on Nov 19 ’24 when 2564.0 shares were purchased. President & CEO, Kothandaraman Badrinarayanan completed a deal on Nov 20 ’24 to buy 2436.0 shares. Meanwhile, President & CEO Kothandaraman Badrinarayanan bought 5000.0 shares on Nov 14 ’24.
