Enphase Energy, Inc. (ENPH)
| Market Cap | 15.12B |
| Revenue (ttm) | 1.83B |
| Net Income (ttm) | 275.97M |
| Shares Out | 136.06M |
| EPS (ttm) | 1.93 |
| PE Ratio | 57.58 |
| Forward PE | 27.28 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,697,872 |
| Open | 110.53 |
| Previous Close | 112.36 |
| Day's Range | 108.52 - 112.10 |
| 52-Week Range | 73.49 - 192.22 |
| Beta | 1.46 |
| Analysts | Buy |
| Price Target | 135.31 (+21.76%) |
| 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]
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 32 analysts, the average rating for ENPH stock is "Buy." The 12-month stock price forecast is $135.31, which is an increase of 21.76% from the latest price.
News
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Enphase Energy, Inc. (ENPH) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Enphase Energy, Inc. (“Enphase” or the “Company”) (NASDAQ: ENPH) investors concerning the Company...
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Enphase Energy, Inc. (ENPH) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Enphase Energy, I...
The Law Offices of Frank R. Cruz Announces Investigation of Enphase Energy, Inc. (ENPH) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Enphase Energy, Inc. (“Enphase” or the “Company”) (NASDAQ: ENPH) on behalf of investors concerning the Comp...
Buy Enphase Energy Stock, Analyst Says. It's Only Up From Here.
Solar companies have taken a hit as interest rates remain elevated.
Enphase (ENPH): Weak Demand, But There's Optimism
Enhpase Energy (ENPH) stock price is trading lower today after earnings. The company posted a drop in revenue.
Is Enphase stock worth buying on post-earning dip?
Enphase Energy Inc (NASDAQ: ENPH) has lost about 20% in just over two months but a Guggenheim analyst warns it has room to sink further. Enphase stock could tank another 15% Joseph Osha downgraded th...
Enphase Stock Slumps After Q1 Earnings Disappoint Amid Soft US Solar Demand
Enphase Energy (ENPH) released quarterly earnings and sales that missed analysts' forecasts and issued a downbeat current-quarter sales outlook amid ongoing softness in the U.S. solar energy market, s...
Enphase's stock slumps as outlook miss reflects solar's continued struggles
Enphase Energy Inc. came up short with its latest outlook on Tuesday, and its shares were slumping in the extended session.
Enphase forecasts revenue below estimates as inverter market stays under pressure
Solar inverter maker Enphase Energy projected second-quarter revenue below analysts' estimates on Tuesday, in a sign of sluggish recovery in demand across its markets.
Enphase Energy Reports Financial Results for the First Quarter of 2024
FREMONT, Calif., April 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...
Enphase Energy Partners with Octopus Energy Group in the United Kingdom
FREMONT, Calif., April 22, 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...
If Nvidia Stock Slips, These 15 Tech Stocks May Be Good Hedges
Should shares of artificial-intelligence bellwether Nvidia slip, researchers suggest First Solar and Check Point Software as offering diversification with exposure to growth.
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...
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.
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...
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...
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...
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.
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.
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.
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.
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?
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.
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...
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...