Enphase Energy, Inc. (ENPH)

NASDAQ: ENPH · Real-Time Price · USD
63.38
+2.02 (3.29%)
At close: Nov 20, 2024, 4:00 PM
63.01
-0.37 (-0.58%)
Pre-market: Nov 21, 2024, 4:44 AM EST
3.29%
Market Cap 8.56B
Revenue (ttm) 1.25B
Net Income (ttm) 61.42M
Shares Out 135.11M
EPS (ttm) 0.44
PE Ratio 145.68
Forward PE 18.44
Dividend n/a
Ex-Dividend Date n/a
Volume 3,710,962
Open 60.58
Previous Close 61.36
Day's Range 59.75 - 63.47
52-Week Range 58.33 - 141.63
Beta 1.77
Analysts Buy
Price Target 102.17 (+61.2%)
Earnings Date Oct 22, 2024

About ENPH

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring... [Read more]

Industry Solar
Sector Technology
IPO Date Mar 30, 2012
Employees 3,157
Stock Exchange NASDAQ
Ticker Symbol ENPH
Full Company Profile

Financial Performance

In 2023, Enphase Energy's revenue was $2.29 billion, a decrease of -1.72% compared to the previous year's $2.33 billion. Earnings were $438.94 million, an increase of 10.46%.

Financial Statements

Analyst Forecast

According to 31 analysts, the average rating for ENPH stock is "Buy." The 12-month stock price forecast is $102.17, which is an increase of 61.20% from the latest price.

Price Target
$102.17
(61.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Enphase Energy: Risks Already Priced In

Enphase Energy is a quality stock with strong profitability metrics and competitive advantages in the semiconductor materials and equipment industry. In addition to an attractive valuation compared to...

1 day ago - Seeking Alpha

Green Stock News for November 18th, 2024: $WCN $CTVA $BP $ENPH $GOEV

Welcome to the green stock news brief for Monday, November 18th. Here are today's top headlines: AMP Robotics has partnered with Waste Connections (NYSE: WCN) to equip and operate a next-generation re...

Other symbols: BPCTVAGOEVWCN
2 days ago - Green Stock News

Enphase Stock Has Plunged Since Trump's Win. The Case for Buying Now.

Solar-tech firm Enphase Energy is the second-worst performer in the S&P 500 since the election. The stock could shine again.

5 days ago - Barrons

Enphase Energy Unveils AI-Powered DIY Permitting Feature for Solargraf, Slashing Solar Permit Plan Creation Times by up to 95%

FREMONT, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery sys...

9 days ago - GlobeNewsWire

Enphase to lay off workers and end some operations in Mexico

Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.

12 days ago - Market Watch

Enphase Energy to lay off 17% of workforce

Enphase Energy will cut its global workforce by about 17%, impacting about 500 employees and contractors, the solar inverter maker disclosed in a filing on Friday.

12 days ago - Reuters

Trump election win sends green energy stock prices tumbling

Shares of several renewable energy companies traded lower on Wednesday after Donald Trump was declared the winner of the presidential election, affording him a second term in the White House.

Other symbols: BEPFSLR
13 days ago - New York Post

Green energy stocks down following Trump election win

Alternative energy stocks tumbled Wednesday after Donald Trump was declared the winner of the U.S. presidential election over Vice President Kamala Harris.

Other symbols: BEPFSLR
14 days ago - Fox Business

Solar Stocks Tumble With Trump Set To Retake White House

Several solar stocks including First Solar (FSLR) and Enphase Energy (ENPH) slumped in early trading Wednesday after the presidential election was called in favor of former President Donald Trump.

Other symbols: FSLRPLUGRUNSEDG
14 days ago - Investopedia

Trump's Win Is Crushing Renewable-Energy Stocks. Why One Is Gaining.

GE Vernova stock benefits from green-energy trends that could take a hit in a second Trump presidency. Investors don't look worried, though.

Other symbols: FSLRGEV
14 days ago - Barrons

Renewable-energy stocks tank after Trump wins White House

Trump, a climate change denier, is expected to upend green policies implemented by the current administration, which include solar tax credits and incentives that were part of incumbent President Joe ...

14 days ago - Market Watch

Solar stocks tumble overnight as Trump leads in election results

Solar stocks are selling off as clean energy investors worry Donald Trump is on a path to win the U.S. presidential election. Traders are worried that Trump could repeal the Inflation Reduction Act if...

Other symbols: FSLRNOVANXTRUNTAN
15 days ago - CNBC

Enphase Energy: Disappointing, But Not As Bad As It Seems

Enphase Energy saw Europe weakness and a large US customer bankruptcy result in a delay in its path to normalized revenues. 3Q results were actually satisfactory in my view given the backdrop of what ...

19 days ago - Seeking Alpha

Cramer's Stop Trading: Enphase Energy

CNBC's Jim Cramer explains why he is keeping an eye on shares of Enphase Energy.

19 days ago - CNBC Television

These are the S&P 500's biggest laggards for October, down by as much as 29%

Super Micro joined the list after a 33% drop on Wednesday.

20 days ago - Market Watch

Enphase Stock Is A Long Term Bet

Enphase Energy (NASDAQ: ENPH) stock has nosedived almost 40% since the beginning of the year - a period that also saw the company's worst single-day decline in recent years of almost 15% post publicat...

23 days ago - Forbes

Enphase: Light Can Be Seen In The Tunnel

Enphase generated strong cash flow despite the adverse business environment thanks to its good pricing power, IRA subsidies, and cost management measures. Distributor Inventory channels in the US are ...

25 days ago - Seeking Alpha

Enphase: Time And Patience Wearing Thin (Downgrade)

Enphase Energy's Q3 earnings underscored its weakening thesis, as the leading solar energy player disappointed again. The improved US market growth was mitigated by persistent weakness in Europe, temp...

26 days ago - Seeking Alpha

Enphase's Q3 Valuation Contraction Is An Ideal Entry Point

Enphase's Q3 results were disappointing, but the current valuation offers a prime buying opportunity for long-term investors. Despite European revenue decline, U.S. revenue grew 43% quarter-over-quart...

4 weeks ago - Seeking Alpha

Enphase Energy Sales Plunge on Weak European Demand

Enphase Energy (ENPH) was the biggest decliner in the S&P 500 Wednesday, a day after the solar power equipment manufacturer posted weaker-than-expected results and guidance as European demand slumped.

4 weeks ago - Investopedia

TXN & STX Show Two Sides of Tech Coin, ENPH Sells Off

Texas Instruments (TXN) traded higher despite reporting soft guidance, but trading for Seagate (STX) stumbled after meeting in-line expectations. Caroline Woods takes a closer look into the earnings r...

Other symbols: STXTXN
4 weeks ago - Schwab Network

Enphase Energy Posts Downbeat Results, Joins McDonald's, Seagate And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Wednesday.

Other symbols: MCDSTX
4 weeks ago - Benzinga

Enphase Energy: More Pain Ahead

Enphase Energy's Q3 results were disappointing, with revenue and EPS missing consensus estimates, and cautious Q4 guidance highlighting ongoing macro headwinds. High inventory levels and challenging i...

4 weeks ago - Seeking Alpha

Enphase Stock Dives After Earnings Miss. Sunrun, SolarEdge Hit as Sector Struggles.

While the company's revenue in the U.S. increased from the previous quarter, it was hit by a decrease in Europe.

Other symbols: RUNSEDG
4 weeks ago - Barrons

Enphase Q3 Recap: This Time, America Is Not The Problem (Rating Downgrade)

Enphase's Q3 report showed underwhelming revenue due to slower shipments and significant weakness in European markets, leading to a Hold rating. Despite some improvement in the US market, European rev...

4 weeks ago - Seeking Alpha