Enphase Energy Inc. (Symbol: ENPH) has seen its share price rise above the average analyst 12-month target of $296.30, trading at $297.94 per share. This significant milestone raises questions about future analyst reactions, as they may consider downgrading the valuation or adjusting their target prices upwards based on the company’s fundamentals.
Currently, there are 20 analysts covering Enphase, with price targets ranging from $194.00 to $363.00 and a standard deviation of $48.549. The most recent analyst ratings show 13 strong buys, 1 buy, 8 holds, and no sells or strong sells, maintaining an average rating of 1.77 (where 1 is Strong Buy and 5 is Strong Sell).
