Enphase Energy, Inc. (ENPH)
| Market Cap | 16.65B |
| Revenue (ttm) | 1.42B |
| Net Income (ttm) | 129.61M |
| Shares Out | 135.42M |
| EPS (ttm) | 0.93 |
| PE Ratio | 132.91 |
| Forward PE | 32.37 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,016,388 |
| Open | 118.59 |
| Previous Close | 118.53 |
| Day's Range | 118.59 - 124.89 |
| 52-Week Range | 73.49 - 141.63 |
| Beta | 1.72 |
| Analysts | Buy |
| Price Target | 128.53 (+4.57%) |
| Earnings Date | Oct 24, 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 $128.53, which is an increase of 4.57% from the latest price.
News
S&P 500 Gains and Losses Today: New Home Battery, Software Lift Enphase Stock
Major U.S. equities indexes finished little changed on the final trading day before the Federal Reserve's eagerly awaited interest-rate decision, with questions lingering about the magnitude of a like...
Enphase Energy Launches IQ Battery 5P and IQ Energy Management Software in Belgium
FREMONT, Calif., Sept. 16, 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...
What do rate cuts, the election mean for solar energy stocks?
Mizuho Americas director of clean energy equity research Maheep Manley joins Julie Hyman and Josh Lipton on Market Domination to discuss what next week's expected interest rate cut and the upcoming pr...
Enphase Energy stock nears a pivotal price: buy or sell?
Enphase Energy (ENPH) stock price has moved sideways this year as concerns about the ongoing turnaround continued. The stock was trading at $110 on Wednesday, where it has been in the past few weeks.
If Interest Rates Drop, Enphase's Global Expansion Could Skyrocket
Enphase is currently both a value and a growth opportunity amid strong FY25 growth rates. Falling interest rates are key to the thesis unfolding as planned. Despite a bullish 12-month outlook with lar...
Enphase Energy Begins Pre-Orders for IQ Battery 5Ps Produced in the United States
Pre-orders also available for IQ8 Microinverters with higher domestic content, further helping solar and battery products qualify for Domestic Content Bonus Credit Pre-orders also available for IQ8 Mi...
Enphase Is Rightfully Expensive For Three Great Reasons
ENPH's prospects have been undoubtedly impacted by the higher borrowing costs, transition to NEM 3.0, and the end of first wave EV adoption. However, with those headwinds likely to lift soon, it is un...
Enphase: The Turnaround Begins
Enphase's Q2 earnings missed estimates, but the stock rallied 12% the following day. That's because Enphase's sales and profit numbers have finally bottomed. Moreover, management guided for sequential...
Enphase Energy Introduces NACS Connectors for IQ EV Chargers in the United States and Canada
FREMONT, Calif., Aug. 08, 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 Energy Launches IQ8 Microinverters for High-Powered Solar Panels in the Caribbean
FREMONT, Calif., Aug. 05, 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 Energy: A Positive Signal For Better Times Ahead
Enphase Energy reported mixed 2Q24 results, with revenue and EPS missing while gross margins staying resilient. More importantly, channel inventory is now normalized as of the end of 2Q24, achieving a...
Can Solar Stocks Shine in the Market?
"We all know the energy requirements that A.I. is going to have, and solar can maybe be a piece of that puzzle," according to Dann Ryan.
Enphase Energy, Inc. Sued for Securities Law Violations - Contact The Rosen Law Firm Before July 29, 2024 to Discuss Your Rights - ENPH
NEW YORK , July 29, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Enphase Energy, Inc. (NASDAQ: ENPH) between December 12, 2022 and A...
"We're a Little More Optimistic" on Solar Outlook
Rob Uek says solar has been a tough area to make money in the past couple of years, but that there's still room for the industry to grow. He and Jason Britton join Nicole Petallides discuss the headwi...
Solar Power Stocks Fall on Concerns About Potential Hackers
Shares of solar power companies, including Enphase Energy (ENPH) and First Solar (FSLR), dropped Monday following a report that federal officials have raised concerns about the potential of hackers st...
Shareholders of Enphase Energy, Inc. Should Contact the Schall Law Firm Before July 29, 2024 - ENPH
LOS ANGELES , July 29, 2024 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Enphase Energy, Inc. ("Enphase" or ...
ENPH Investors Have Opportunity to Join Enphase Energy, Inc. Securities Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--ENPH Investors Have Opportunity to Join Enphase Energy, Inc. Securities Fraud Investigation with the Schall Law Firm.
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Enphase
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Enphase To Contact Him Directly To Discuss Their Options
DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Enphase
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Enphase To Contact Him Directly To Discuss Their Options If you su...
Enphase Energy Inc Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - ENPH
LOS ANGELES , July 25, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Enphase Energy, Inc. ("Enphase" or "the Company") (NASDAQ:ENPH) for violations of §§10...
Enphase Energy Sees US Solar Demand Rebounding
Enphase Energy (ENPH) was the best-performing stock in the S&P 500 Wednesday, a day after the solar power equipment maker suggested the slump in demand in the U.S. is likely over.
Here's why Enphase Energy's stock is rising despite yet another earnings miss
Company suggests a bottom has been hit as it sees no destocking by customers in current quarter.
Enphase Stock Is Rising. One Analyst Sees a ‘Light at the End of the Tunnel.
The solar and battery-system supplier said its U.S. revenue jumped 32% in the second quarter from the first quarter.
Enphase Energy: Another Mediocre Quarter And Outlook - Hold
Enphase Energy reported another set of mediocre quarterly results, with revenues and profitability coming in below consensus expectations. While domestic sales increased by approximately 32% sequentia...
Enphase Energy, Inc. (ENPH) Q2 2024 Earnings Call Transcript
Enphase Energy, Inc. (NASDAQ:ENPH) Q2 2024 Earnings Call Transcript July 23, 2024 4:30 PM ET Company Participants Zach Freedman - IR Badri Kothandaraman - President and CEO Mandy Yang - CFO Raghu Bel...