Enphase Energy Stock: A Deep Dive Into Analyst Perspectives (16 Ratings)
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) has been rated by 16 analysts in the past three months, with an average 12-month price target of $126.88, down from the previous $157.55. Ratings range from bullish to indifferent, with no bearish or somewhat bearish ratings. Analysts have adjusted their price targets and ratings, reflecting changes in market dynamics and company performance. Enphase Energy's financials show a negative revenue trend with a -13.18% decline, but strong profitability with a net margin of 20.68% and high ROE and ROA. The company has a high debt-to-equity ratio of 1.28.
January 04, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Enphase Energy's average price target has been lowered to $126.88, indicating a potential downside according to analysts. The company's strong profitability metrics may counterbalance the negative revenue trend and high debt levels in the short term.
The reduction in the average price target suggests that analysts are expecting a potential decrease in ENPH's stock price. However, the company's strong net margin, ROE, and ROA could mitigate some of the negative impact. The high debt-to-equity ratio is a concern, but it may not have an immediate effect on the stock price. The lack of bearish ratings indicates that the sentiment is not overly negative, which could help stabilize the stock in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100