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Do Analysts Expect Enphase Energy Inc (ENPH) Stock to Rise After It Has Fallen -7.33% in a Month?

Tuesday, March 26, 2024 12:34 PM | InvestorsObserver Analysts

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Do Analysts Expect Enphase Energy Inc (ENPH) Stock to Rise After It Has Fallen -7.33% in a Month?

Analysts who follow Enphase Energy Inc (ENPH) on average expect it to add 12.03% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns ENPH an Analyst Ranking of 44, which means it ranks higher than 44 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.1
Wall Street analysts are rating ENPH a Strong Buy today. Find out what this means to you and get the rest of the rankings on ENPH!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Enphase Energy Inc Stock Today?

Enphase Energy Inc (ENPH) stock is trading at $111.06 as of 12:25 PM on Tuesday, Mar 26, a rise of $0.01, or 0.01% from the previous closing price of $111.05. Volume today is less active than usual. So far 1,088,719 shares have traded compared to average volume of 3,549,432 shares. The stock has traded between $110.34 and $113.45 so far today. Click Here to get the full Stock Report for Enphase Energy Inc stock.

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