Enphase Energy, Inc. (ENPH)
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]
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 StatementsAnalyst 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.
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...
Green Stock News for November 18th, 2024: $WCN $CTVA $BP $ENPH $GOEV
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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.
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...
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.
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.
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.
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.
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.
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.
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 ...
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...
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 ...
Cramer's Stop Trading: Enphase Energy
CNBC's Jim Cramer explains why he is keeping an eye on shares of Enphase Energy.
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...
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 ...
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...
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...
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.
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...
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.
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...
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.
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...