GLJ Research Rates Enphase Energy (ENPH) sell

Analyst Gordon L. Johnson keeps a sell rating on Enphase Energy with a price target of $21.70, a 58.59% downside from the current price.

By TradeTexts Research Desk · Published Jun 12, 2026, 9:14 PM EDT · Updated Jun 16, 2026, 11:01 AM EDT

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GLJ Research rated Enphase Energy, Inc. ($ENPH) "sell" with a $21.70 price target on June 11, 2026.

Since the rating, $ENPH is down 4.8% after 1 week, down 21.6% after 1 month and down 44.3% to date (from the $54.93 close on Jun 11, 2026).

ENPH Enphase Energy, Inc.

$30.62 -9.27% year to date

Daily close · Oct 16, 2026

Key Points

On June 11, 2026, GLJ Research reiterated its sell rating on Enphase Energy, Inc. with a price target of $21.70.
GLJ Research's $21.70 price target implies 58.59% downside from Enphase Energy, Inc.'s ($ENPH) current $52.40 share price.
Enphase Energy shares recently traded at $52.40, which is significantly higher than GLJ's target, reflecting a disconnect in expectations.
The average analyst target for Enphase is $50.82, with ratings ranging from 'Buy' to 'Underweight' from various firms.

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GLJ Research Sticks with Sell Rating

On June 11, 2026, GLJ Research reiterated its sell rating on Enphase Energy, Inc. (ENPH) as shares trade at $52.40. The firm set a price target of $21.70. Analyst Gordon L. Johnson believes the stock remains overvalued based on current fundamentals.

Analysts Set New Price Targets

GLJ's stance contrasts sharply with predictions from other analysts on Wall Street. On October 14, 2026, Morgan Stanley maintained an Underweight rating with a target of $24.00, down from $27.00. Susquehanna also held a Neutral rating with a target of $35.00, lowered from $37.00. Barclays and Citigroup have similar neutral views, with targets of $44.00 and $37.00, respectively. Jefferies and Goldman Sachs maintain Buy ratings, but with reduced targets of $42.00 and $47.00 compared to their previous targets. This mix of ratings shows differing opinions on Enphase's future performance.

Recent Insider Activity

Insider Shanker Trivedi bought 1,000 shares of Enphase Energy on June 12, 2026, at an average price of $53.91. This purchase, valued at about $53,910, suggests some level of confidence in the company's future.

What Enphase Energy, Inc. Does

Enphase Energy, Inc. develops and sells energy solutions for the solar market, focusing on microinverters that optimize energy capture from solar panels. The company's products are used by homeowners and solar installers, making it a key player in the growing renewable energy sector.

What's Ahead for Enphase Energy, Inc.

Investors will be keeping a close eye on Enphase as the next earnings report is scheduled for October 27, 2026. The recent reiteration from GLJ Research highlights ongoing debates about the company's valuation and market outlook. Remember, this 13F filing reflects past holdings and may not represent current positions.

12-month forecast