Enphase Energy Inc (NASDAQ:ENPH) Could Actually Go To 130 In 12 Months

In recent trading session, Enphase Energy Inc (NASDAQ:ENPH) saw 1.24 million shares changing hands at last check today with its beta currently measuring 1.75. Company’s recent per share price level of $55.98 trading at -$2.79 or -4.75% at last check today assigns it a market valuation of $7.42B. That most recent trading price of ENPH’s stock is at a discount of -153.0% from its 52-week high price of $141.63 and is indicating a premium of 7.77% from its 52-week low price of $51.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.01 million shares which gives us an average trading volume of 4.09 million if we extend that period to 3-months.

For Enphase Energy Inc (ENPH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.38. Splitting up the data highlights that, out of 29 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 22 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.72 in the current quarter.

Enphase Energy Inc (NASDAQ:ENPH) trade information

Upright in the red during last session for losing -4.75%, in the last five days ENPH remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $55.98 price level, adding 12.12% to its value on the day. Enphase Energy Inc’s shares saw a change of -18.49% in year-to-date performance and have moved -9.20% in past 5-day. Enphase Energy Inc (NASDAQ:ENPH) showed a performance of -4.67% in past 30-days. Number of shares sold short was 20.03 million shares which calculate 4.06 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 104 to the stock, which implies a rise of 46.17% to its recent value today. Analysts have been projecting 62 as a low price target for the stock while placing it at a high target of 130. It follows that stock’s current price would drop -10.75% in reaching the projected high whereas dropping to the targeted low would mean a loss of -10.75% for stock’s current value.

Enphase Energy Inc (ENPH) estimates and forecasts

This year revenue growth is estimated to rise 16.67% from the last financial year’s standing.

27 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 359.95M for the same. And 26 analysts are in estimates of company making revenue of 382.58M in the next quarter. Company posted 263.34M and 303.46M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -9.43% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 39.30% while estimates for its earnings growth in next 5 years are of 26.13%.

Enphase Energy Inc (NASDAQ:ENPH)’s Major holders

Insiders are in possession of 3.47% of company’s total shares while institution are holding 93.63 percent of that, with stock having share float percentage of 96.99%. Investors also watch the number of corporate investors in a company very closely, which is 93.63% institutions for Enphase Energy Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at ENPH for having 16.14 million shares of worth $1.61 billion. And as of 2024-06-30, it was holding 11.8737 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 15.39 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.3423 of outstanding shares, having a total worth of $1.53 billion.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.04 shares of worth $221.26 million or 3.05% of the total outstanding shares. The later fund manager was in possession of 3.66 shares on Dec 31, 2024 , making its stake of worth around $200.43 million in the company or a holder of 2.76% of company’s stock.