Enphase Energy (NASDAQ:ENPH) Shares Up 10.6% – Should You Buy?

Shares of Enphase Energy, Inc. (NASDAQ:ENPH) shot up 10.6% on Thursday . The company traded as high as $39.83 and last traded at $39.7940. 4,386,607 shares were traded during trading, a decline of 26% from the average session volume of 5,957,209 shares. The stock had previously closed at $35.97.

Trending Headlines about Enphase Energy

Here are the key news stories impacting Enphase Energy this week:

• Positive Sentiment: Major bank upgrades — Citi and Goldman issued positive takes on Enphase, helping drive buying interest in clean-energy names. Enphase leads clean energy names higher; wins upgrades from Citi, Goldman
• Positive Sentiment: Big intraday rally — ENPH surged ~12.5% on higher-than-average volume as earnings estimate revisions trended upward, signaling improved near-term analyst expectations. Enphase Energy (ENPH) Surges 12.5%: Is This an Indication of Further Gains?
• Positive Sentiment: Heavy bullish options activity — unusually large purchases of call options (~46,167 contracts) indicate speculative bullish positioning that can amplify upward moves. (Reported 1/22/2026)
• Positive Sentiment: Product tailwind — Enphase’s new GaN microinverter could strengthen its commercial-solar competitiveness if adoption scales, supporting longer-term revenue prospects. Is Enphase Energy’s (ENPH) New GaN Microinverter a Turning Point in Commercial Solar Positioning?
• Neutral Sentiment: Zacks interest/coverage — ENPH is a trending ticker on Zacks; pieces explore whether it’s a buy now, but present mixed near-term views — useful for retail sentiment but not definitive catalyst. Is Trending Stock Enphase Energy, Inc. (ENPH) a Buy Now?
• Neutral Sentiment: Analyst commentary roundup — coverage pieces (e.g., Globe and Mail) summarize analyst views on Enphase technology and outlook; helpful context but no single decisive revision. Analysts Offer Insights on Technology Companies: Enphase Energy (ENPH) and Gloo Holdings, Inc.
• Negative Sentiment: Short-term volatility and profit-taking risk — after a sharp run higher, the stock has pulled back; traders should expect higher intraday volatility and possible consolidation before fundamentals reassert.

Analysts Set New Price Targets

Several research firms have weighed in on ENPH. BMO Capital Markets reiterated an “underperform” rating and set a $31.00 price target on shares of Enphase Energy in a research note on Wednesday, October 29th. Mizuho lowered shares of Enphase Energy from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $50.00 to $37.00 in a research note on Thursday, October 23rd. JPMorgan Chase & Co. cut their price objective on shares of Enphase Energy from $37.00 to $33.00 and set a “neutral” rating for the company in a research report on Monday, December 8th. Evercore ISI set a $33.00 target price on Enphase Energy in a research note on Wednesday, October 29th. Finally, Northland Securities lifted their price objective on Enphase Energy from $52.00 to $62.00 and gave the company an “outperform” rating in a research note on Monday, December 29th. Seven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and ten have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $41.09.

Enphase Energy Trading Down 2.5%

The stock has a market cap of $5.16 billion, a PE ratio of 27.21 and a beta of 1.35. The business’s fifty day moving average is $32.23 and its 200 day moving average is $34.63. The company has a quick ratio of 1.88, a current ratio of 2.04 and a debt-to-equity ratio of 0.57.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings data on Tuesday, October 28th. The semiconductor company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.30. The firm had revenue of $410.43 million during the quarter, compared to the consensus estimate of $364.64 million. Enphase Energy had a return on equity of 25.67% and a net margin of 12.93%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 EPS. As a group, analysts predict that Enphase Energy, Inc. will post 2.08 earnings per share for the current year.

Insider Buying and Selling at Enphase Energy

In other news, CEO Badrinarayanan Kothandaraman purchased 10,000 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was purchased at an average cost of $30.93 per share, with a total value of $309,300.00. Following the purchase, the chief executive officer owned 1,630,632 shares in the company, valued at $50,435,447.76. This trade represents a 0.62% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mandy Yang sold 6,000 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $33.01, for a total value of $198,060.00. Following the completion of the sale, the executive vice president owned 68,987 shares of the company’s stock, valued at $2,277,260.87. The trade was a 8.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.10% of the stock is currently owned by company insiders.

Institutional Trading of Enphase Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Enphase Energy by 431.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 633 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 514 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its position in shares of Enphase Energy by 77.8% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 800 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 350 shares in the last quarter. Salomon & Ludwin LLC grew its position in shares of Enphase Energy by 761.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 861 shares of the semiconductor company’s stock worth $32,000 after buying an additional 761 shares during the period. Stance Capital LLC bought a new stake in Enphase Energy in the third quarter valued at $32,000. Finally, Geneos Wealth Management Inc. raised its stake in Enphase Energy by 199.7% during the 3rd quarter. Geneos Wealth Management Inc. now owns 920 shares of the semiconductor company’s stock worth $33,000 after buying an additional 613 shares during the period. 72.12% of the stock is owned by institutional investors.

About Enphase Energy

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.