Fintel reports that on December 20, 2024, OTR Global upgraded their outlook for Enphase Energy (XTRA:E0P) from Negative to Mixed.
Analyst Price Forecast Suggests 50.80% Upside
As of December 3, 2024, the average one-year price target for Enphase Energy is 96,51 €/share. The forecasts range from a low of 58,60 € to a high of 149,73 €. The average price target represents an increase of 50.80% from its latest reported closing price of 64,00 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Enphase Energy is 4,216MM, an increase of 237.22%. The projected annual non-GAAP EPS is 7.51.
What is the Fund Sentiment?
There are 1,413 funds or institutions reporting positions in Enphase Energy. This is an increase of 1 owner(s) or 0.07% in the last quarter. Average portfolio weight of all funds dedicated to E0P is 0.23%, an increase of 3.85%. Total shares owned by institutions increased in the last three months by 3.91% to 125,847K shares.
What are Other Shareholders Doing?
Baillie Gifford holds 6,343K shares representing 4.69% ownership of the company. In its prior filing, the firm reported owning 6,285K shares , representing an increase of 0.92%. The firm increased its portfolio allocation in E0P by 9.89% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,096K shares representing 3.03% ownership of the company. In its prior filing, the firm reported owning 4,077K shares , representing an increase of 0.46%. The firm increased its portfolio allocation in E0P by 6.95% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 3,547K shares representing 2.63% ownership of the company. In its prior filing, the firm reported owning 3,492K shares , representing an increase of 1.54%. The firm increased its portfolio allocation in E0P by 5.94% over the last quarter.
Swedbank AB holds 3,463K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 3,452K shares , representing an increase of 0.34%. The firm increased its portfolio allocation in E0P by 8.66% over the last quarter.
Wellington Management Group Llp holds 3,403K shares representing 2.52% ownership of the company. In its prior filing, the firm reported owning 3,375K shares , representing an increase of 0.81%. The firm decreased its portfolio allocation in E0P by 84.28% over the last quarter.
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