Northland Capmk Comments on Enphase Energy FY2027 Earnings

Enphase Energy, Inc. (NASDAQ:ENPH) – Research analysts at Northland Capmk issued their FY2027 EPS estimates for Enphase Energy in a research report issued to clients and investors on Monday, December 29th. Northland Capmk analyst G. Richard forecasts that the semiconductor company will post earnings per share of $1.18 for the year. The consensus estimate for Enphase Energy’s current full-year earnings is $2.08 per share.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.60 by $0.30. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The business had revenue of $410.43 million for the quarter, compared to the consensus estimate of $364.64 million. During the same quarter last year, the business posted $0.65 EPS. The firm’s revenue was up 7.8% compared to the same quarter last year.

A number of other research analysts have also weighed in on ENPH. Wall Street Zen lowered shares of Enphase Energy from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Susquehanna set a $33.00 price objective on shares of Enphase Energy in a report on Thursday, October 30th. Citigroup reduced their target price on shares of Enphase Energy from $32.00 to $31.00 and set a “sell” rating for the company in a research note on Wednesday, October 29th. Evercore ISI set a $33.00 price target on Enphase Energy in a research note on Wednesday, October 29th. Finally, Barclays upped their price objective on Enphase Energy from $29.00 to $33.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating, twelve have given a Hold rating and thirteen have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $40.57.

Enphase Energy Trading Up 0.4%

NASDAQ:ENPH opened at $33.13 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.04 and a quick ratio of 1.88. The business’s 50-day simple moving average is $31.14 and its 200-day simple moving average is $35.19. Enphase Energy has a fifty-two week low of $25.77 and a fifty-two week high of $76.90. The stock has a market capitalization of $4.34 billion, a PE ratio of 22.85 and a beta of 1.43.

Insider Activity at Enphase Energy

In other Enphase Energy news, Director Thurman J. Rodgers sold 150,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $29.13, for a total transaction of $4,369,500.00. Following the sale, the director directly owned 1,733,596 shares of the company’s stock, valued at approximately $50,499,651.48. This represents a 7.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mandy Yang sold 6,000 shares of Enphase Energy stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $33.01, for a total transaction of $198,060.00. Following the completion of the transaction, the executive vice president directly owned 68,987 shares of the company’s stock, valued at approximately $2,277,260.87. This trade represents a 8.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Enphase Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of ENPH. Maven Securities LTD bought a new position in shares of Enphase Energy during the 3rd quarter worth approximately $696,000. Danske Bank A S acquired a new position in shares of Enphase Energy in the third quarter valued at $39,000. Stance Capital LLC bought a new position in shares of Enphase Energy in the third quarter valued at about $32,000. Gould Capital LLC lifted its stake in shares of Enphase Energy by 93.3% during the 3rd quarter. Gould Capital LLC now owns 36,462 shares of the semiconductor company’s stock worth $1,290,000 after buying an additional 17,599 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its stake in shares of Enphase Energy by 109.9% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 156,102 shares of the semiconductor company’s stock worth $5,626,000 after buying an additional 81,739 shares during the last quarter. Institutional investors own 72.12% of the company’s stock.

Enphase Energy Company Profile

Enphase Energy is a global energy technology company that specializes in solar microinverters, energy storage systems and energy management software. Its core business centers on converting direct current (DC) power generated by solar panels into alternating current (AC) power suitable for use in residential and commercial applications. By integrating hardware and software solutions, Enphase Energy aims to improve solar energy yield, enhance system reliability and provide real-time monitoring capabilities to its customers.

The company’s product portfolio includes its IQ Series microinverters, which attach to individual solar panels to optimize performance at the module level and reduce the impact of shading or system failures.