In the last trading session, 12.42 million Enphase Energy Inc (NASDAQ:ENPH) shares changed hands as the company’s beta touched 1.67. With the company’s per share price at $40.91 changed hands at $1.26 or 3.18% during last session, the market valuation stood at $5.37B. ENPH’s last price was a discount, traded about -217.97% off its 52-week high of $130.08. The share price had its 52-week low at $33.01, which suggests the last value was 19.31% up since then. When we look at Enphase Energy Inc’s average trading volume, we note the 10-day average is 14.39 million shares, with the 3-month average coming to 7.74 million.
Analysts gave the Enphase Energy Inc (ENPH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.76. If we narrow down to specifics, the data shows that 2 out of 29 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended ENPH as a Hold, 22 felt it is a Buy and 0 rated the stock as Underweight. Enphase Energy Inc’s EPS for the current quarter is expected to be 0.63.
Enphase Energy Inc (NASDAQ:ENPH) trade information
Instantly ENPH was in green as seen at the end of in last trading. With action 6.59%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -61.12%, with the 5-day performance at 6.59% in the green. However, in the 30-day time frame, Enphase Energy Inc (NASDAQ:ENPH) is -1.16% down. Looking at the short shares, we see there were 24.05 million shares sold at short interest cover period of 3.08 days.
The consensus price target for the stock as assigned by Wall Street analysts is 51, meaning bulls need an upside of 19.78% from its current market value. According to analyst projections, ENPH’s forecast low is 28 with 84 as the target high. To hit the forecast high, the stock’s price needs a -105.33% plunge from its current level, while the stock would need to tank 31.56% for it to hit the projected low.
Enphase Energy Inc (ENPH) estimates and forecasts
Year-over-year growth is forecast to reach 9.18% up from the last financial year.
Consensus estimates given by 24 financial analysts project the company’s revenue in the current quarter to hit an average of 359.15M. 24 analysts are of the opinion that Enphase Energy Inc’s revenue for the current quarter will be 368.64M. The company’s revenue for the corresponding quarters a year ago was 303.46M and 380.87M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 18.35%. The estimates for the next quarter sales put growth at -3.21%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -9.43%. The 2025 estimates are for Enphase Energy Inc earnings to increase by 8.09%, but the outlook for the next 5-year period is at 14.59% per year.
ENPH Dividends
Enphase Energy Inc is expected to release its next quarterly earnings report on 2025-Apr-22.
Enphase Energy Inc (NASDAQ:ENPH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.23% of Enphase Energy Inc shares while 92.42% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 95.51%. There are 92.42% institutions holding the Enphase Energy Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.8951% of the shares, roughly 16.14 million ENPH shares worth $1.61 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 11.3423% or 15.39 million shares worth $1.53 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 3.98 shares estimated at $162.85 million under it, the former controlled 3.03% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.80% of the shares, roughly 3.68 shares worth around $150.55 million.
