Enphase EnergyENPH
Market Cap: $14.7B
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: 3,157
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 231
4.94% more ownership
Funds ownership: 76.11% [Q1] → 81.05% (+4.94%) [Q2]
4% less call options, than puts
Call options by funds: $1.02B | Put options by funds: $1.06B
2% less funds holding
Funds holding: 702 [Q1] → 690 (-12) [Q2]
12% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 102
12% less capital invested
Capital invested by funds: $12.5B [Q1] → $11B (-$1.54B) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 3 (-3) [Q2]
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Jefferies Dushyant Ailani 83% 1-year accuracy 5 / 6 met price target | 6%upside $115 | Hold Assumed | 4 Sept 2024 |
Morgan Stanley Andrew Percoco 78% 1-year accuracy 7 / 9 met price target | 8%downside $100 | Equal-Weight Maintained | 21 Aug 2024 |
Barclays Christine Cho 62% 1-year accuracy 23 / 37 met price target | 19%upside $129 | Overweight Maintained | 25 Jul 2024 |
RBC Capital Chris Dendrinos 42% 1-year accuracy 8 / 19 met price target | 15%upside $125 | Outperform Maintained | 24 Jul 2024 |
Roth MKM Philip Shen 29% 1-year accuracy 7 / 24 met price target | 29%upside $140 | Buy Reiterated | 24 Jul 2024 |
Financial journalist opinion
Based on 15 articles about ENPH published over the past 30 days