Where Enphase Energy Stands With Analysts
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) has received diverse analyst ratings over the last three months, with a total of 12 analysts offering perspectives ranging from bullish to bearish. The average 12-month price target for ENPH has been raised to $129.33, indicating a 15.25% increase from the previous target of $112.22. Analyst actions include adjustments to ratings and price targets, reflecting changing market conditions and company performance. Despite facing challenges such as a significant revenue decline of -58.25% and below-average ROE and ROA, ENPH maintains a strong net margin of 6.91%. The company's debt-to-equity ratio of 1.32 suggests high debt levels.

March 11, 2024 | 1:00 pm
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NEUTRAL IMPACT
Enphase Energy has seen a diverse range of analyst ratings, with an updated average 12-month price target suggesting optimism. However, the company faces revenue decline and high debt levels, balanced by a strong net margin.
The mixed analyst ratings and the increase in the 12-month price target suggest a cautiously optimistic outlook for ENPH. However, the significant revenue decline and high debt levels present substantial challenges. The strong net margin indicates effective cost management, which could mitigate some negative impacts. The overall neutral score reflects these balanced factors.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100