Enphase Energy Inc (ENPH) Stock Forecast & Predictions

Enphase Energy Inc ENPH: $142.84

47281 Bayside Pkwy, Fremont, California, United States. | Sector: Manufacturing | Exchange: NASDAQ | Web: enphase.com

  • Market Cap$19.27B
  • Change (52 Weeks)-25.05%
  • Low (52 Weeks)$108.88
  • Enphase Energy Inc (ENPH) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Enphase Energy Inc (ENPH) is based on 35 Institutional Analyst Ratings where 51.43% are on Strong Buy, 20.00% on Moderate Buy, 28.57% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 35 Institutional Analysts, majority recommended ENPH stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Enphase Energy Inc.

    Enphase Energy Inc (ENPH) Stock Price Prediction By Analysts


    HighLowAverage
    $328.65$178.77$255.77
    $255.7779.06% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for ENPH set by the institutional analysts is $255.77 where High Estimate is $328.65, Median $269.79 and Low $178.77.

    The average price target for ENPH by Institutional Analysts is $255.77, which is 79.06% Upside from the current price. So according to the Institutional Analysts, ENPH Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Enphase Energy Inc (ENPH) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 548,319 investor portfolio.

    Our algorithm has analysed 548,319 investor portfolio with ENPH stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ENPH and holding their positions hoping for a further rise in the stock price and more profit.

    Enphase Energy Inc (ENPH) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    KeybancOverweightMaintained
    GuggenheimBuyUpgraded
    B of A SecuritiesNeutralDowngraded
    CitigroupBuyMaintained
    Wells FargoOverweightInitiated
    CitigroupBuyMaintained
    SusquehannaPositiveMaintained
    NeedhamBuyMaintained
    NeedhamBuyMaintained
    KeybancOverweightMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    BMO CapitalOutperformInitiated
    KeybancOverweightInitiated
    Wolfe ResearchOutperformInitiated
    JP MorganOverweightMaintained
    Piper SandlerOverweightMaintained
    Goldman SachsBuyMaintained
    Stephens & Co.OverweightInitiated
    CitigroupBuyInitiated
    Capital OneEqual-WeightDowngraded
    GuggenheimNeutralInitiated
    Capital OneOverweightInitiated
    Truist SecuritiesBuyMaintained
    Roth CapitalBuyMaintained
    Northland Capital MarketsMarket PerformDowngraded
    NeedhamBuyMaintained
    Evercore ISI GroupOutperformInitiated
    Tudor PickeringBuyInitiated
    SusquehannaPositiveUpgraded
    Raymond JamesMarket PerformUpgraded
    Roth CapitalBuyMaintained
    NeedhamBuyMaintained
    Goldman SachsBuyMaintained
    BarclaysOverweightMaintained
    B. Riley FBRNeutralMaintained
    B. Riley FBRNeutralMaintained
    Credit SuisseNeutralMaintained
    Truist SecuritiesBuyInitiated
    Raymond JamesUnderperformDowngraded
    SusquehannaNeutralDowngraded
    Goldman SachsBuyUpgraded
    Roth CapitalBuyMaintained
    Piper SandlerOverweightInitiated
    B of A SecuritiesBuyMaintained
    NeedhamBuyMaintained
    HC Wainwright & Co.NeutralDowngraded
    Credit SuisseNeutralMaintained
    Craig-HallumHoldDowngraded
    Credit SuisseNeutralMaintained
    B of A SecuritiesBuyInitiated
    HC Wainwright & Co.BuyMaintained
    NeedhamBuyMaintained
    JMP SecuritiesMarket PerformInitiated
    NeedhamBuyInitiated
    Goldman SachsNeutralDowngraded
    JP MorganOverweightMaintained
    B. Riley FBRNeutralMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightInitiated
    Raymond JamesMarket PerformUpgraded
    B. Riley FBRNeutralDowngraded
    B. RileyNeutralDowngraded
    Goldman SachsBuyInitiated
    JP MorganOverweightInitiated
    NorthlandOutperformMaintained
    H.C. WainwrightBuyUpgraded
    Deutsche BankBuyUpgraded
    H.C. WainwrightNeutralDowngraded
    Credit SuisseNeutralInitiated
    Raymond JamesUnderperformDowngraded
    B. Riley FBRBuyMaintained
    H.C. WainwrightBuyInitiated
    OppenheimerOutperformMaintained
    B. Riley FBRBuyInitiated
    Roth CapitalBuyUpgraded
    Craig-HallumBuyInitiated
    Deutsche BankSellMaintained
    OppenheimerMarket PerformDowngraded
    Roth CapitalBuyUpgraded
    Roth CapitalNeutralDowngraded
    NeedhamHoldDowngraded
    Deutsche BankSellMaintained
    Canaccord GenuityHoldDowngraded
    JP MorganNeutralMaintained
    Deutsche BankSellDowngraded
    DoughertyNeutralDowngraded
    JP MorganNeutralDowngraded
    NeedhamStrong BuyUpgraded
    Deutsche BankHoldMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaUnderperformDowngraded
    Avondale PartnersMarket OutperformInitiated
    JP MorganOverweightInitiated
    Imperial CapitalIn-LineDowngraded
    Deutsche BankHoldMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaNeutralDowngraded
    NeedhamBuyInitiated
    Deutsche BankHoldMaintained
    Canaccord GenuityBuyMaintained
    Imperial CapitalOutperformInitiated
    Deutsche BankHoldDowngraded
    Canaccord GenuityBuyInitiated
    Roth CapitalBuyInitiated
    Raymond JamesMarket PerformUpgraded
    Raymond JamesUnderperformDowngraded
    Northland SecuritiesOutperformInitiated
    JefferiesBuyMaintained
    Raymond JamesMarket PerformDowngraded
    JefferiesBuyMaintained
    JefferiesBuyMaintained

    Enphase Energy Inc (ENPH) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.670
    The average consensus EPS for ENPH is $0.670 with a high estimate of $1.722 and Low of $0.367 for the period 2022-03-31 and based on 26 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.6$0.49242021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.63672021-12-31
    $0.6$0.49242021-09-30
    $0.53$0.43632021-06-30
    $0.56$0.45622021-03-31
    $0.51$0.41272020-12-31
    $0.3$0.24572020-09-30
    $0.17$0.14792020-06-30
    $0.38$0.32272020-03-31
    $0.39$0.33722019-12-31
    $0.3$0.25722019-09-30
    $0.18$0.13012019-06-30
    $0.08$0.0522019-03-31
    $0.04$0.05922018-12-31
    $0.04$0.03672018-09-30
    $0.02$0.00582018-06-30
    $-0.01$-0.0342018-03-31
    $0.01$-0.00822017-12-31
    $-0.01$-0.04762017-09-30
    $-0.08$-0.07652017-06-30
    $-0.18$-0.13872017-03-31
    $-0.15$-0.12532016-12-31
    $-0.28$-0.24652016-09-30
    $-0.3$-0.27922016-06-30
    $-0.34$-0.31622016-03-31
    $-0.25$-0.22642015-12-31
    $0.08$0.03142015-09-30
    $0.06$0.01482015-06-30
    $-0.07$-0.08352015-03-31
    $0.07$0.02862014-12-31
    $0.08$0.06692014-09-30
    $-0.01$-0.02292014-06-30
    $-0.1$-0.13262014-03-31
    $-0.02$-0.03232013-12-31
    $-0.09$-0.09692013-09-30
    $-0.12$-0.13432013-06-30
    $-0.21$-0.23462013-03-31
    $-0.12$-0.19722012-12-31
    $-0.18$-0.20572012-09-30
    $-0.19$-0.32392012-06-30
    $-5.38$-8.75162012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).