Enphase Energy's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) has seen significant options trading activity, indicating a split sentiment among big-money investors, with 54% bullish and 45% bearish. The trading volume and open interest suggest a target price range of $111.0 to $145.0. Recent analyst ratings present a mixed outlook, with a consensus target price of $124.67. The company's stock is currently up 2.16%, trading at $117.73, with an earnings announcement expected in 14 days.
April 09, 2024 | 4:16 pm
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Enphase Energy has seen a mix of bullish and bearish options trading, with a target price range of $111-$145. Analyst ratings vary, with a consensus target price of $124.67. The stock is currently up, with an earnings announcement expected soon.
The significant options trading activity and the upcoming earnings announcement suggest a high level of investor interest and potential volatility in ENPH's stock price. The mixed sentiment among big-money investors and analysts indicates uncertainty, but the overall bullish stance and recent stock price increase suggest a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100