On Oct 17, major Wall Street analysts update their ratings for $Enphase Energy (ENPH.US)$, with price targets ranging from $104 to $110.
Guggenheim analyst Joseph Osha upgrades to a hold rating.
Piper Sandler analyst Kashy Harrison maintains with a hold rating, and adjusts the target price from $115 to $105.
Truist Financial analyst Jordan Levy maintains with a buy rating, and sets the target price at $110.
SIG analyst Biju Perincheril downgrades to a hold rating, and adjusts the target price from $140 to $104.
Furthermore, according to the comprehensive report, the opinions of $Enphase Energy (ENPH.US)$'s main analysts recently are as follows:
It has been indicated that competitive market forces may lead to a deceleration of growth for Enphase Energy in the upcoming year, which appears not to be incorporated in the prevailing consensus forecasts. Projections for the company's revenue in 2025 are set at $1.825 billion, which is 8% lower than the consensus, and the revenue estimate for 2026 is $2.05 billion, reflecting a 13% deviation from the consensus. The current high-interest-rate environment, along with the enhanced tax incentives available to third-party owned systems through the Inflation Reduction Act, may pose increasing challenges to demand growth in the forthcoming period.
Here are the latest investment ratings and price targets for $Enphase Energy (ENPH.US)$ from 4 analysts:
Note:
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