A share price of Enphase Energy Inc [ENPH] is currently trading at $62.31, up 1.52%. 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 6.55% over the last week, with a monthly amount drifted -5.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Canaccord Genuity upgraded its rating to Buy on February 05, 2025, and elevated its price target to $82. On January 31, 2025, upgrade upgraded it’s rating to Neutral. TD Cowen reiterated its Buy rating and decreased its price target to $100 on January 27, 2025. Truist downgraded its rating to a Hold and reduced its price target to $65 on January 16, 2025. HSBC Securities downgraded its rating to Hold for this stock on November 08, 2024, but kept the price target unchanged to $81. In a note dated November 08, 2024, Exane BNP Paribas downgraded an Neutral rating on this stock but restated the target price of $88.
Enphase Energy Inc experienced fluctuations in its stock price throughout the past year between $51.63 and $141.63. Currently, Wall Street analysts expect the stock to reach $100.54 within the next 12 months. Enphase Energy Inc [NASDAQ: ENPH] shares were valued at $62.31 at the most recent close of the market. An investor can expect a potential return of 61.35% 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 60.68 points at the first support level, and at 59.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.76, and for the 2nd resistance point, it is at 65.21.
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 6.20, the price to book ratio is 9.91 and price to earnings (TTM) ratio is 84.41.
Transactions by insiders
Recent insider trading involved Yang Mandy, EVP, Chief Financial Officer, that happened on Mar 10 ’25 when 1319.0 shares were sold. Director, Rodgers Thurman J completed a deal on Mar 07 ’25 to sell 100000.0 shares. Meanwhile, Director Rodgers Massey Rev Liv Tr DTD bought 100000.0 shares on Mar 07 ’25.
