Q3 EPS Estimates for Enphase Energy Lifted by Zacks Research

Enphase Energy, Inc. (NASDAQ:ENPH) – Equities researchers at Zacks Research raised their Q3 2026 earnings per share estimates for Enphase Energy in a note issued to investors on Tuesday, December 10th. Zacks Research analyst R. Department now anticipates that the semiconductor company will earn $1.16 per share for the quarter, up from their previous forecast of $1.14. The consensus estimate for Enphase Energy’s current full-year earnings is $0.94 per share. Zacks Research also issued estimates for Enphase Energy’s FY2026 earnings at $3.13 EPS.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.12). The business had revenue of $380.90 million for the quarter, compared to analysts’ expectations of $392.51 million. Enphase Energy had a return on equity of 10.56% and a net margin of 4.91%. Enphase Energy’s quarterly revenue was down 30.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.84 earnings per share.

Several other analysts have also commented on ENPH. BNP Paribas lowered shares of Enphase Energy from an “outperform” rating to a “neutral” rating and set a $88.00 target price for the company. in a research note on Friday, November 8th. Evercore ISI cut their target price on Enphase Energy from $133.00 to $125.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. Royal Bank of Canada reduced their price objective on Enphase Energy from $85.00 to $71.00 and set a “sector perform” rating for the company in a research report on Friday, November 22nd. Susquehanna dropped their price objective on shares of Enphase Energy from $104.00 to $85.00 and set a “neutral” rating on the stock in a report on Thursday, October 24th. Finally, Jefferies Financial Group cut Enphase Energy from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $93.00 to $61.00 in a research report on Thursday, November 7th. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $101.13.

Enphase Energy Trading Up 1.2 %

NASDAQ:ENPH opened at $73.84 on Thursday. Enphase Energy has a 1 year low of $58.33 and a 1 year high of $141.63. The business has a fifty day moving average of $78.75 and a 200-day moving average of $101.69. The company has a debt-to-equity ratio of 1.29, a quick ratio of 3.88 and a current ratio of 4.16. The stock has a market cap of $9.98 billion, a price-to-earnings ratio of 167.82, a PEG ratio of 22.03 and a beta of 1.69.

Hedge Funds Weigh In On Enphase Energy

Several hedge funds have recently modified their holdings of ENPH. Avior Wealth Management LLC increased its holdings in Enphase Energy by 6,975.0% in the third quarter. Avior Wealth Management LLC now owns 283 shares of the semiconductor company’s stock worth $32,000 after buying an additional 279 shares during the last quarter. UMB Bank n.a. lifted its position in Enphase Energy by 784.8% during the 3rd quarter. UMB Bank n.a. now owns 292 shares of the semiconductor company’s stock worth $33,000 after buying an additional 259 shares in the last quarter. nVerses Capital LLC bought a new position in Enphase Energy in the 3rd quarter valued at $34,000. Stone House Investment Management LLC bought a new stake in shares of Enphase Energy during the third quarter worth approximately $34,000. Finally, Quarry LP bought a new stake in Enphase Energy in the third quarter valued at about $37,000. 72.12% of the stock is currently owned by institutional investors and hedge funds.

About Enphase Energy

Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.