What Does the Market Think of Enphase Energy (ENPH) Shares?

By Scott Lee • Friday, July 28 17:31 • Permanent Link

Enphase Energy stock is trading -36.47% below its average target price of $242.93 after dropping -7.5% during today's evening session. Analysts are giving the large-cap Semiconductors company an average rating of buy and target prices ranging from $168.0 to $335.95 per share.

Enphase Energy has an average level of shares sold short, at 9.0% of its total share float. The stock's short ratio (also called days to cover) is 2.51. The company's insiders own 2.55% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Institutional investors own 79.4% of Enphase Energy's shares, which indicates they have a high level of confidence in the company.

Institutions Invested in Enphase Energy

Date Reported	Holder	Percentage	Shares	Value
2023-03-31	Vanguard Group Inc	12%	15,817,389	$2,441,097,673
2023-03-31	Blackrock Inc.	11%	14,881,051	$2,296,592,628
2023-03-31	State Street Corporation	4%	5,357,259	$826,785,791
2023-03-31	FMR, LLC	2%	3,122,264	$481,859,008
2023-03-31	Geode Capital Management, LLC	2%	2,897,279	$447,137,073
2023-03-31	Invesco Ltd.	2%	2,377,202	$366,873,589
2023-03-31	Voya Investment Management LLC	2%	2,311,549	$356,741,361
2023-03-31	Morgan Stanley	1%	1,339,121	$206,666,546
2023-03-31	Northern Trust Corporation	1%	1,278,701	$197,341,927
2022-12-31	Norges Bank Investment Management	1%	1,227,469	$189,435,293

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.