Enphase Energy (ENPH)

• Market cap: $6.27B
• 1 day: 4.65%
• 5 days: 8.62%
• 1 month: -12.47%
• 3 months: -25.32%
• 6 months: -24.87%
• Year to date: -33.09%
• 1 year: -59.23%
• 5 years: -16.20%
• 10 years: 373.24%
• Sector: Technology
• Industry: Solar

About: Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.

Employees: 2,781

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

3.19% more ownership

Funds ownership: 82.98% [Q3] → 86.17% (+3.19%) [Q4]

15% less funds holding

Funds holding: 716 [Q3] → 610 (-106) [Q4]

16% less call options, than puts

Call options by funds: $791M | Put options by funds: $941M

25% less repeat investments, than reductions

Existing positions increased: 200 | Existing positions reduced: 265

37% less capital invested

Capital invested by funds: $12.7B [Q3] → $8B (-$4.68B) [Q4]

52% less first-time investments, than exits

New positions opened: 83 | Existing positions closed: 172

75% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 1 (-3) [Q4]

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $31 35% downside
• Avg. target: $51 7% upside
• High target: $78 63% upside

15 analyst ratings

• positive: 5 33%
• neutral: 4 27%
• negative: 6 40%

Barclays Christine Cho 45% 1-year accuracy 18 / 40 met price target	16% downside $40	Underweight Downgraded	13 May 2025
BMO Capital Ameet Thakkar 44% 1-year accuracy 7 / 16 met price target	18% downside $39	Underperform Downgraded	13 May 2025
GLJ Research Gordon Johnson 71% 1-year accuracy 5 / 7 met price target	35% downside $31	Sell Maintained	25 Apr 2025
Guggenheim Joseph Osha 39% 1-year accuracy 9 / 23 met price target	31% downside $33	Sell Downgraded	24 Apr 2025
Truist Securities Jordan Levy 32% 1-year accuracy 13 / 41 met price target	3% upside $49	Hold Maintained	24 Apr 2025