Enphase Energy Stock Rebound, Weak Earnings, and Analyst Outlook
ENPH Enphase Energy Inc
$28.47 -1.74%
View chart & analysis → - 1Enphase Energy recorded a 28.5% decline in revenue and a 90% decline in operating profit last week.
- 2Morgan Stanley cut its price target for Enphase to $16.
- 3Northland analyst Gus Richard reaffirmed an outperform rating on Enphase stock, believing it could return to $36 within one year.
So what's the key point?
Enphase Energy saw a significant drop in revenue and operating profit last week. Some experts believe the stock will rise, while others have lowered their price targets.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.