Enphase Energy (ENPH, Financial) is experiencing heightened options activity as it approaches its earnings announcement. Current trading volume for options is 1.3 times higher than usual, with a slight preference for call options over puts, at a ratio of 10 to 9. This indicates optimistic sentiment among traders regarding the company's upcoming performance.
Market indicators, particularly implied volatility, suggest that investors are bracing for notable stock price fluctuations once the earnings are disclosed. The anticipated shift is approximately 10.9%, equating to about $5.80 per share. Historically, Enphase Energy has seen a median price movement of 13.7% following the past eight earnings announcements, underscoring the potential for significant market reactions this time around.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for Enphase Energy Inc (ENPH, Financial) is $70.69 with a high estimate of $105.00 and a low estimate of $44.00. The average target implies an upside of 34.56% from the current price of $52.53. More detailed estimate data can be found on the Enphase Energy Inc (ENPH) Forecast page.
Based on the consensus recommendation from 40 brokerage firms, Enphase Energy Inc's (ENPH, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Enphase Energy Inc (ENPH, Financial) in one year is $105.13, suggesting a upside of 100.13% from the current price of $52.53. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Enphase Energy Inc (ENPH) Summary page.
