Enphase Energy (NASDAQ:ENPH) Shares Gap Up - What's Next?

Market Beat
2025.06.10 15:36
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Enphase Energy (NASDAQ:ENPH) shares gapped up from $43.26 to $44.84 before trading at $45.27. Analysts have mixed ratings, with Morgan Stanley downgrading to "underweight" and a target price of $36.00, while Goldman Sachs set a target of $77.00. The stock has a market cap of $6.03 billion and a P/E ratio of 62.31. CEO Badrinarayanan Kothandaraman purchased 4,000 shares at $46.35 each. Institutional investors hold 72.12% of the stock, reflecting significant interest in the company.