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 first-time investments, than exits
New positions opened: 97 | Existing positions closed: 85
14% more capital invested
Capital invested by funds: $11.2B [Q2] → $12.7B (+$1.52B) [Q3]
2% more funds holding
Funds holding: 699 [Q2] → 711 (+12) [Q3]
0.87% more ownership
Funds ownership: 82.63% [Q2] → 83.49% (+0.87%) [Q3]
9% less call options, than puts
Call options by funds: $1.03B | Put options by funds: $1.13B
10% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 274
Research analyst outlook
23 Wall Street Analysts provided 1 year price targets over the past 3 months
23 analyst ratings
Goldman Sachs Brian Lee 38% 1-year accuracy 31 / 81 met price target | 69%upside $121 | Buy Maintained | 17 Dec 2024 |
Piper Sandler Kashy Harrison 39% 1-year accuracy 16 / 41 met price target | 2%downside $70 | Neutral Maintained | 22 Nov 2024 |
RBC Capital Chris Dendrinos 48% 1-year accuracy 10 / 21 met price target | 1%downside $71 | Sector Perform Maintained | 22 Nov 2024 |
Canaccord Genuity Austin Moeller 46% 1-year accuracy 18 / 39 met price target | 6%upside $76 | Hold Maintained | 19 Nov 2024 |
Northland Capital Markets Gus Richard 54% 1-year accuracy 15 / 28 met price target | 26%upside $90 | Outperform Maintained | 19 Nov 2024 |
Financial journalist opinion
Based on 48 articles about ENPH published over the past 30 days