Enphase Energy (ENPH) PT Raised to $210 at Needham & Company

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Why Enphase Energy (ENPH) Stock Surged 21% and What Analysts Have to Say About It

October 27, 2021 10:21 AM EDT

Shares of Enphase Energy (NASDAQ: ENPH) are up more than 21% in todays trading session after the company delivered strong Q3 results.

Enphase reported Q3 EPS of $0.60 to easily beat the analyst estimate of $0.48. Revenue for the quarter came in at $351.5 million versus the consensus estimate of $343.09 million.

Strong demand for our microinverter systems continued in the third quarter of 2021, while shipments of our Enphase Storage systems increased approximately 51%, compared to the second quarter of 2021. Our Load Control feature gained significant... More

Enphase Energy (ENPH) PT Raised to $180 at B.Riley

October 27, 2021 7:59 AM EDT

B.Riley analyst Dave Kang raised the price target on Enphase Energy (NASDAQ: ENPH) to $180.00 (from $157.00) while maintaining a Neutral rating.... More

Enphase Energy (ENPH) PT Raised to $216 at KeyBanc

October 27, 2021 7:27 AM EDT

KeyBanc analyst Sophie Karp raised the price target on Enphase Energy (NASDAQ: ENPH) to $216.00 (from $179.00) while maintaining a Overweight rating.... More

Enphase Energy (ENPH) PT Raised to $273 at Barclays

October 27, 2021 5:28 AM EDT

Barclays analyst Moses Sutton raised the price target on Enphase Energy (NASDAQ: ENPH) to $273.00 (from $213.00) while maintaining a Overweight rating.... More

Enphase Energy (ENPH) Tops Q3 EPS by 12c

October 26, 2021 4:15 PM EDT

Enphase Energy (NASDAQ: ENPH) reported Q3 EPS of $0.60, $0.12 better than the analyst estimate of $0.48. Revenue for the quarter came in at $351.5 million versus the consensus estimate of $343.09 million.

GUIDANCE:

Enphase Energy sees Q4 2021 revenue of $390-410 million, versus the consensus... More