Enphase Energy (ENPH), a home energy solutions provider, has been the subject of much discussion within the market. Some traders have grown their stock positions, such as Banco Santander and M&G Plc, while others like Kingsview Wealth Management and Swiss National Bank have sold their shares. An array of analysts have been updating their price targets, with Susquehanna hiking the target to
$147.00, whereas Bank of America lowered it to $70.00. There are reports of a class action lawsuit filed against the company with an impending deadline, eliciting a response from various law firms. The company has been recognized for expanding its reach by introducing new energy systems like the
IQ Battery 5P and IQ8 Microinverters in Luxembourg and France, alongside the Solargraf software platform in the Netherlands. Despite this, investors are cautioned due to the firm's recent Q1 earnings miss and revenue decline, with a potential securities law violation case looming. Nevertheless, ENPH has seen some positive activity, with high distributions of the NEM 3.0 seen in California and unusually large options trading target.
Enphase Energy ENPH News Analytics from Tue, 26 Mar 2024 07:00:00 GMT to Sun, 21 Jul 2024 16:28:23 GMT -
Rating 0
- Innovation 2
- Information 7
- Rumor -4
