Analysts have clear opinions on ENPH.
There are 8 analysts on the Wall offering 12 month price targets for Enphase Energy in the last 3 months. The average price target is $31.25 with a high forecast of $40.00 and a low forecast of $27.00. The average price target represents a 3.61% increase from the last price of $30.16.
Enphase Energy, Inc. (ENPH) is followed by 8 analysts on the street.
Brian K. Lee from Goldman Sachs rates it a Buy with a target of $31.00.
Similarly, 3 months ago Dave Kang of B.Riley FBR Reiterated a Buy with a target of $28.00.
The consensus on the street is Strong Buy.
What does Enphase Energy, Inc.(ENPH) do ?
Enphase Energy, Inc. engages in the design, development, manufacture, and sale of microinverter systems for the solar photovoltaic industry. Its products include IQ 7 Microinverter Series, IQ Battery, IQ Envoy, IQ Microinverter Accessories, IQ Envoy Accessories, and Enlighten and Apps. The company was founded by Raghuveer R. Belur and Martin Fornage in March 2006 and is headquartered in Fremont, CA.
Enphase Energy, Inc. (ENPH) Insider Trades
Multiple company employees have indulged in significant insider trading. Enphase Energy, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
VP, Chief Commercial Officer, Ranhoff David A : S – Sale(-$1,202,620) of ENPH in the trading session of 2019-12-09.
COO McNeil Jeff : S – Sale(-$180,122) of ENPH in the trading session of 2019-12-10.
COO McNeil Jeff : S – Sale(-$140,154) of Enphase Energy, Inc. in the trading session of 2019-11-25.
Looking for stocks just like ENPH?
Based on Wall Street analyst research, several stocks are similar to ENPH
– SPWR [Info can be found here: https://www.nasdaq.com/market-activity/stocks/SPWR ]
– VSLR [Info can be found here: https://www.nasdaq.com/market-activity/stocks/VSLR ]
– WCC [Info can be found here: https://www.nasdaq.com/market-activity/stocks/WCC ]