Enphase Energy, Inc. (ENPH)

NASDAQ: ENPH · IEX Real-Time Price · USD
119.92
-4.93 (-3.95%)
At close: Sep 22, 2023, 4:00 PM
120.68
+0.76 (0.63%)
After-hours: Sep 22, 2023, 7:59 PM EDT
-3.95%
Market Cap 16.35B
Revenue (ttm) 2.80B
Net Income (ttm) 572.63M
Shares Out 136.36M
EPS (ttm) 3.98
PE Ratio 30.13
Forward PE 22.38
Dividend n/a
Ex-Dividend Date n/a
Volume 4,061,231
Open 126.37
Previous Close 124.85
Day's Range 119.41 - 126.50
52-Week Range 116.86 - 339.92
Beta 1.51
Analysts Buy
Price Target 218.04 (+81.82%)
Earnings Date Oct 24, 2023

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 services. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten ... [Read more]

Industry Solar
Sector Technology
IPO Date Mar 30, 2012
Employees 2,821
Stock Exchange NASDAQ
Ticker Symbol ENPH
Full Company Profile

Financial Performance

In 2022, Enphase Energy's revenue was $2.33 billion, an increase of 68.65% compared to the previous year's $1.38 billion. Earnings were $397.36 million, an increase of 173.20%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for ENPH stock is "Buy." The 12-month stock price forecast is $218.04, which is an increase of 81.82% from the latest price.

Price Target
$218.04
(81.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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2 days ago - CNBC

Enphase Stock Is a Buy Ahead of a Solar Recovery, Analyst Says

Seaport analyst Tom Curran upgraded shares of solar-tech firm Enphase to Buy from Neutral, and set a $185 price target—about 50% above the current market price.

2 days ago - Barrons

Buy Enphase's stock before it rises too much, analyst says

“Get there early to ensure you catch the sunrise,” said Seaport Research analyst Tom Curran, referring to Enphase Energy Inc.'s stock.

2 days ago - Market Watch

Enphase Energy stock price: Buyers beware if this happens

Enphase Energy (NASDAQ: ENPH) stock price has been in a strong freefall this year as demand for the stock evaporated. The shares peaked at $340 in December 2022 and have now plunged to $120, the lowes...

3 days ago - Invezz

Enphase Energy ($ENPH) Announces Increased Adoption of IQ8 Microinverter systems in Australia

Enphase Energy (NASDAQ: ENPH), a global energy tech leader, has announced increased adoption of its Enphase Energy Systems in Australia. Powered by the new IQ Battery 5P and IQ8 Microinverters, the sy...

5 days ago - Green Stock News

Enphase Gets a Downgrade. Residential Solar's Recovery Could Take Longer.

Truist Securities analyst Jordan Levy downgrades shares of Enphase to Hold from Buy.

11 days ago - Barrons

Trending stocks September 12, 2023: Apple, Salesforce, UPS, and Enphase

Yahoo Finance anchors Seana Smith and Brad Smith break down the latest stock news for trending tickers for September 12, 2023 including Apple, Salesforce, UPS, and Enphase.

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11 days ago - Yahoo Finance

These Are the Solar Power Winners and Losers of 2023 So Far

A record amount of solar panels are expected to be installed in the U.S. this year, but the fate of companies in the industry has diverged.

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16 days ago - Barrons

Best High-Growth Stocks to Buy

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5 weeks ago - Kiplinger

Enphase Energy Announces Comprehensive Solution for California NEM 3.0

FREMONT, Calif., Aug. 15, 2023 (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...

5 weeks ago - GlobeNewsWire

Enphase Energy Expands IQ8 Microinverter Deployments in South Carolina

FREMONT, Calif., Aug. 10, 2023 (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...

6 weeks ago - GlobeNewsWire

These 20 companies are big winners this earnings season. What do analysts think about their stocks?

Quarterly earnings reports are continuing to roll in for the S&P 500 — but earnings season never really ends, because about 20% of companies in the benchmark index have fiscal quarters that don't matc...

6 weeks ago - Market Watch

Following Tough Earnings, What's Next For The Solar Theme?

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7 weeks ago - Forbes

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U.S. equities rallied on Friday, July 28, 2023 after a report showing inflation cooled in June, and the S&P 500 rose 1%.

Other symbols: BIIBCINFFINTC
2 months ago - Investopedia

Enphase Energy stock price forecast: The bullish case for ENPH

Enphase Energy (NASDAQ: ENPH) stock price continued its freefall this week after the company published weak financial results. The shares dropped by over 11% in extended hours and reached a low of $14...

2 months ago - Invezz

Enphase Energy's stock tumbles toward a 14-month low after another disappointing earnings report

Shares of Enphase Energy Inc. ENPH, -3.78% tumbled 15.6% in premarket trading Friday in the wake of the solar energy equipment maker's disappointing second-quarter results and outlook. The selloff put...

2 months ago - Market Watch

Enphase Energy slumps as lukewarm US demand weighs on revenue forecast

Shares of Enphase Energy slumped 17% in premarket trading on Friday, after the solar inverter maker's third-quarter revenue target fell well short of analyst estimates due to weak demand.

2 months ago - Reuters

Enphase Energy sees revenue below estimates on weak U.S. demand, shares fall

Solar inverter maker Enphase Energy forecast third-quarter revenue below Wall Street estimates on weak demand in the United States, sending its shares down 13.4% in extended trading on Thursday.

2 months ago - Reuters

Enphase Energy's stock sinks 15% on revenue miss and weak forecast

Enphase Energy Inc.'s ENPH, -3.78% stock initially plunged more than 15% in extended trading Thursday after the company reported quarterly revenue that fell short of analysts' estimates and offered a ...

2 months ago - Market Watch

Enphase Energy Announces New Share Repurchase Program

Program Authorizes up to $1 Billion of Shares of Common Stock to be Repurchased Program Authorizes up to $1 Billion of Shares of Common Stock to be Repurchased

2 months ago - GlobeNewsWire

LGCY Power Engages Crewe Capital Advisory Services for Enphase Energy, Inc. Partnership

LGCY Power Will Expand Deployments of Enphase Solar, Battery, and EV Charger Products and Services Across the United States  LEHI, Utah , July 25, 2023 /PRNewswire/ -- LGCY Power today announced that ...

2 months ago - PRNewsWire

These 13 S&P 500 stocks stand out for expected growth through 2025

As the 2023 stock-market rally continues, this is a good time to look further ahead to see which companies are expected to show the highest growth rates through 2025.

2 months ago - Market Watch

Enphase Energy and BayWa r.e. Expand Distribution Partnership in Poland

FREMONT, Calif., July 20, 2023 (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

Enphase Energy Launches IQ Batteries in Spain and Portugal

FREMONT, Calif., July 13, 2023 (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

Enphase Energy Announces Conference Call to Review Second Quarter 2023 Financial Results Thursday, July 27, 2023 at 4:30 p.m. Eastern Time

FREMONT, Calif., July 12, 2023 (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...

2 months ago - GlobeNewsWire