Enphase EnergyENPH
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 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
14% more capital invested
Capital invested by funds: $11.2B [Q2] → $12.7B (+$1.54B) [Q3]
1.02% more ownership
Funds ownership: 82.39% [Q2] → 83.41% (+1.02%) [Q3]
1% less funds holding
Funds holding: 698 [Q2] → 693 (-5) [Q3]
5% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 98
8% less repeat investments, than reductions
Existing positions increased: 245 | Existing positions reduced: 265
9% less call options, than puts
Call options by funds: $1.03B | Put options by funds: $1.13B
Research analyst outlook
35 Wall Street Analysts provided 1 year price targets over the past 3 months
35 analyst ratings
Morgan Stanley Andrew Percoco 67% 1-year accuracy 6 / 9 met price target | 24%upside $74 | Equal-Weight Maintained | 15 Nov 2024 |
Canaccord Genuity Austin Moeller 49% 1-year accuracy 17 / 35 met price target | 28%upside $76 | Hold Maintained | 12 Nov 2024 |
HSBC Daniel Yang 0% 1-year accuracy 0 / 2 met price target | 36%upside $81 | Hold Downgraded | 8 Nov 2024 |
Jefferies Sean Milligan 67% 1-year accuracy 2 / 3 met price target | 2%upside $61 | Underperform Downgraded | 7 Nov 2024 |
B of A Securities Julien Dumoulin-Smith 61% 1-year accuracy 44 / 72 met price target | 4%upside $62 | Underperform Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 62 articles about ENPH published over the past 30 days