Enphase Energy, Inc. (ENPH)

NASDAQ: ENPH · IEX Real-Time Price · USD
110.66
-1.81 (-1.61%)
Apr 16, 2024, 10:30 AM EDT - Market open
-1.61%
Market Cap 15.13B
Revenue (ttm) 2.29B
Net Income (ttm) 438.94M
Shares Out 135.76M
EPS (ttm) 3.08
PE Ratio 35.61
Forward PE 32.69
Dividend n/a
Ex-Dividend Date n/a
Volume 888,962
Open 111.82
Previous Close 112.47
Day's Range 108.71 - 112.20
52-Week Range 73.49 - 231.42
Beta 1.46
Analysts Buy
Price Target 154.41 (+38.35%)
Earnings Date Apr 23, 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 $154.41, which is an increase of 38.35% from the latest price.

Price Target
$154.41
(38.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Enphase Energy ($ENPH) Begins Shipping Microinverters for High-Powered Solar Modules in Europe

Enphase Energy (NASDAQ: ENPH), a global leader in energy technology, has begun shipping IQ8 Microinverters in France and Spain. These microinverters are specifically designed to support newer, high-po...

14 days ago - Green Stock News

Is it safe to buy Enphase Energy (ENPH) stock?

Enphase Energy's (NASDAQ: ENPH) stock price has done well in the past few months. After crashing to a low of $73.71 in 2023, it has surged by more than 65% to the current $120.

19 days ago - Invezz

Enphase Energy Launches IQ8P Microinverters for High-Powered Solar Modules in Thailand and the Philippines

FREMONT, Calif., March 28, 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 sy...

19 days ago - GlobeNewsWire

Enphase Stock Slumps Amid Interest Rate Concerns, Insider Selling—Watch These Levels

Enphase Energy (ENPH) remains in focus this week after shares in the solar solutions provider logged their fifth consecutive day lower on Friday as renewed concerns over persistently high interest rat...

4 weeks ago - Investopedia

Enphase Energy Applauds Dutch Senate's Decision to Extend Solar Net Metering

Even with net metering, it is anticipated that batteries will be increasingly added to solar energy systems to reduce grid imbalance and enable dynamic energy contracts, while keeping payback attracti...

2 months ago - GlobeNewsWire

Jim Cramer sheds light on Enphase Energy's quarterly results

'Mad Money' host Jim Cramer takes a closer look at Enphase Energy's quarterly results.

2 months ago - CNBC Television

Enphase Energy is one of the higher quality operators in the space, says Jim Cramer

'Mad Money' host Jim Cramer takes a closer look at Enphase Energy's quarterly results.

2 months ago - CNBC Television

Jim Cramer lists his top 10 stocks that have jumped this week

'Mad Money' host Jim Cramer looks at the stocks that have jumped this week as the bull market continues to run.

2 months ago - CNBC Television

Enphase CEO says solar industry poised to rebound on falling interest rates and rising utility costs

Enphase CEO Badri Kothandaraman has called a bottom in the first quarter and sees falling interest rates and rising utility costs providing tailwinds.

2 months ago - CNBC

Enphase Energy stock gets an upgrade despite weak guidance

Enphase Energy Inc (NASDAQ: ENPH) opened close to 20% up on Tuesday even though it came in shy of Street estimates in its fourth financial quarter. Why is Enphase Energy stock up today?

2 months ago - Invezz

Enphase Stock Is Soaring. The CEO Has Called a Bottom.

Badri Kothandaraman, CEO of solar-equipment firm Enphase, sees a first-quarter bottom. “All the work we've done in the past few months is coming to fruition,” he says.

2 months ago - Barrons

Enphase's ‘good enough' quarter pushes stock 14% higher

Enphase Energy Inc. shares jumped more than 14% in the extended session Tuesday after the alternative-energy company presented investors with a mixed quarter, but one that soothed more immediate conce...

2 months ago - Market Watch

Enphase Energy Reports Financial Results for the Fourth Quarter of 2023

FREMONT, Calif., Feb. 06, 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...

2 months ago - GlobeNewsWire

15 semiconductor companies that have followed Nvidia's lead by showing pricing power and improved efficiency

When thinking about an industry group in the stock market, you can look ahead at sales and profit estimates, or you can look back to see which companies have been faring best by common measures.

2 months ago - Market Watch

Enphase Energy Launches New IQ8 Microinverters for High-Powered Solar Modules in North America

FREMONT, Calif., Jan. 29, 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...

2 months ago - GlobeNewsWire

Canadian Solar and SunRun gain on BlackRock investments, while Enphase and Sunnova move up on analyst upgrade

Canadian Solar Inc.'s stock led gains among four solar power companies in the spotlight on Tuesday as it disclosed a $500 million investment from BlackRock Inc. into its Recurrent Energy unit.

Other symbols: CSIQNOVARUN
2 months ago - Market Watch

Solar Stocks Have Sunk. 2 to Buy.

The Invesco Soalr ETF has plummeted more than 40% over the past 12 months.

Other symbols: NOVA
2 months ago - Barrons

Enphase Energy Announces Conference Call to Review Fourth Quarter and Full Year 2023 Financial Results Tuesday, Feb. 6, 2024 at 4:30 p.m. Eastern Time

FREMONT, Calif., Jan. 23, 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 sy...

3 months ago - GlobeNewsWire

Enphase Energy ($ENPH) Begins Shipping New IQ8 Microinverters with Peak Output of 384 Watts

Enphase Energy (NASDAQ: ENPH), a global energy tech leader, has commenced shipments of IQ8™ Microinverters in Belgium, supporting high-powered solar modules with a peak output AC power of 384 W. The I...

3 months ago - Green Stock News

Enphase Energy Hosts Installer Event in the Netherlands to Accelerate Growth in the Dutch Energy Market

FREMONT, Calif., Jan. 10, 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...

3 months ago - GlobeNewsWire

Enphase's stock keeps falling after longtime bull abandons buy call

Shares of Enphase Energy Inc. fell again on Thursday after a longtime bullish analyst recommended investors stop buying, given the uncertainty over when concerns about supply in the solar market will ...

3 months ago - Market Watch

Down 59% From Its Pre-Inflation Shock High, What Is Next For Enphase Energy's Stock?

Enphase Energy's stock (NASDAQ NDAQ : ENPH), is an energy technology company that develops and manufactures solar micro-inverters, battery energy storage, and EV charging stations - primarily for resi...

3 months ago - Forbes

Solar Stocks Enphase and Sunrun May Be in the Political Hot Seat, Says Analyst

KeyBanc Capital Markets analysts downgraded Enphase Energy and Sunrun to Sector Weight.

Other symbols: RUN
3 months ago - Barrons

Here are the 20 worst-performing stocks among the S&P 500 in 2023

The U.S. stock market staged a remarkable rally in 2023, but 173 stocks in the S&P 500 were still down for the year.

Other symbols: AESALBBMYCAGDGDVNEL
3 months ago - Market Watch

Enphase Energy's stock surges to pace the S&P 500's gainers, as job cuts are seen as a good thing

Shares of Enphase Energy Inc. ENPH, +7.71% jumped 7.8% toward a four-month high in afternoon trading Tuesday, enough to pace the S&P 500's gainers. The stock's rally comes after the solar and alternat...

4 months ago - Market Watch