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Analysts Offer Insights on Technology Companies: Enphase Energy (ENPH), ASE Technology Holding Co (ASX) and Autodesk (ADSK)

Tipranks - Tue May 26, 11:56PM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Enphase Energy (ENPH), ASE Technology Holding Co (ASX) and Autodesk (ADSK) with bullish sentiments.

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Enphase Energy (ENPH)

In a report released today, Philip Shen from Roth MKM reiterated a Buy rating on Enphase Energy, with a price target of $85.00. The company’s shares closed last Friday at $64.03, close to its 52-week low of $51.63.

According to TipRanks.com, Shen is a 5-star analyst with an average return of 12.4% and a 45.7% success rate. Shen covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies. ;'>

Enphase Energy has an analyst consensus of Moderate Buy, with a price target consensus of $44.22, representing a -29.1% downside. In a report issued on May 16, TipRanks – PerPlexity also upgraded the stock to Buy with a $54.00 price target.

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ASE Technology Holding Co (ASX)

Bank of America Securities analyst Haas Liu maintained a Buy rating on ASE Technology Holding Co on May 21 and set a price target of $36.00. The company’s shares closed last Friday at $34.81.

According to TipRanks.com, Liu is ranked #4628 out of 12270 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ASE Technology Holding Co with a $39.50 average price target, a 12.5% upside from current levels. In a report issued on May 13, TipRanks – DeepSeek also upgraded the stock to Buy with a $40.00 price target.

Autodesk (ADSK)

Jefferies analyst Brent Thill reiterated a Buy rating on Autodesk today and set a price target of $300.00. The company’s shares closed last Friday at $240.99.

According to TipRanks.com, Thill is a 4-star analyst with an average return of 2.7% and a 49.4% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, Palantir Technologies, and Procore Technologies. ;'>

Autodesk has an analyst consensus of Strong Buy, with a price target consensus of $322.17, implying a 34.0% upside from current levels. In a report issued on May 12, Bank of America Securities also upgraded the stock to Buy with a $300.00 price target.

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