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]
29% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 75
14% more capital invested
Capital invested by funds: $11.3B [Q2] → $12.9B (+$1.57B) [Q3]
2% more funds holding
Funds holding: 699 [Q2] → 712 (+13) [Q3]
1.13% more ownership
Funds ownership: 83.3% [Q2] → 84.43% (+1.13%) [Q3]
9% less call options, than puts
Call options by funds: $1.04B | Put options by funds: $1.13B
11% less repeat investments, than reductions
Existing positions increased: 246 | Existing positions reduced: 275
Research analyst outlook
23 Wall Street Analysts provided 1 year price targets over the past 3 months
23 analyst ratings
Truist Securities Jordan Levy 21% 1-year accuracy 9 / 42 met price target | 2%upside $65 | Hold Downgraded | 16 Jan 2025 |
Barclays Christine Cho 60% 1-year accuracy 28 / 47 met price target | 43%upside $91 | Overweight Maintained | 14 Jan 2025 |
Wells Fargo Praneeth Satish 54% 1-year accuracy 7 / 13 met price target | 30%upside $83 | Overweight Maintained | 8 Jan 2025 |
Citigroup Vikram Bagri 60% 1-year accuracy 6 / 10 met price target | 13%upside $72 | Neutral Maintained | 8 Jan 2025 |
Goldman Sachs Brian Lee 38% 1-year accuracy 31 / 82 met price target | 90%upside $121 | Buy Maintained | 17 Dec 2024 |
Financial journalist opinion
Based on 148 articles about ENPH published over the past 30 days