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Enphase Energy (ENPH)
NASDAQ:ENPH
Enphase Energy (ENPH) Stock Price & Analysis
7,869 Followers
ENPH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$73.49 - $192.22
Previous Close$134.52
Volume2.67M
Average Volume (3M)3.84M
Market Cap
$18.30B
Enterprise Value$17.90B
Total Cash (Recent Filing)$1.70B
Total Debt (Recent Filing)$1.29B
Price to Earnings (P/E)69.7
Beta1.68
Next Earnings
Jul 24, 2024EPS Estimate
$0.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.93
Shares Outstanding136,062,737
10 Day Avg. Volume3,308,178
30 Day Avg. Volume3,844,832
Standard Deviation0.22
R-Squared0.17
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)26.13
Price to Sales (P/S)7.71
Price to Cash Flow (P/CF)129.10
P/FCF Ratio259.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.81
Enterprise Value/Gross Profit16.91
Enterprise Value/Ebitda30.33
Forecast
1Y Price Target
$127.38Price Target Upside-1.80% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering28
Enphase Energy News
PremiumStock Analysis & Ideas
ENPH vs. FSLR: Which Solar Stock Is the Better Buy?
PremiumPress Releases
Enphase Energy Launches IQ Battery 5P in CanadaBulls Say, Bears Say
Bulls Say
Financial Guidance And GrowthBattery sales are projected to grow significantly, with an estimate of $536MM in 2025, reflecting a 65% year-over-year increase and a strong product segment for the company.
Market Expansion And PerformanceThe company is successfully maintaining market share and expanding into new markets, with a strong product offering that competes well with major competitors.
Product And Software AdvancementsEnphase's Solargraf software enables real-time calculation of utility rates, helping customers determine the payback for a rooftop solar + battery system.
Bears Say
Financial PerformanceENPH missed Q1 revenues and guided down Q2 revenues versus estimates, likely driven by softer US demand, suggesting a need for another round of estimate cuts.
Market DemandVolumes for the quarter were down significantly as the company under-shipped by a substantial amount, indicating potential challenges in the energy storage market.
Regulatory ImpactIn California, sales dropped by 30% q/q primarily due to challenges posed by NEM 3.0 reimbursement rates, with other US states declining by 21%, adding pressure in core markets.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ENPH FAQ
What was Enphase Energy’s price range in the past 12 months?
Enphase Energy lowest stock price was $73.49 and its highest was $192.22 in the past 12 months.
What is Enphase Energy’s market cap?
Currently, no data Available
When is Enphase Energy’s upcoming earnings report date?
Enphase Energy’s upcoming earnings report date is Jul 24, 2024 which is in 40 days.
How were Enphase Energy’s earnings last quarter?
Enphase Energy released its earnings results on Apr 23, 2024. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.41 by -$0.06.
Is Enphase Energy overvalued?
According to Wall Street analysts Enphase Energy’s price is currently Overvalued.
Does Enphase Energy pay dividends?
Enphase Energy does not currently pay dividends.
What is Enphase Energy’s EPS estimate?
Enphase Energy’s EPS estimate is $0.5.
How many shares outstanding does Enphase Energy have?
Enphase Energy has 136,062,740 shares outstanding.
What happened to Enphase Energy’s price movement after its last earnings report?
Enphase Energy reported an EPS of $0.35 in its last earnings report, missing expectations of $0.41. Following the earnings report the stock price went down -5.56%.
Which hedge fund is a major shareholder of Enphase Energy?
Among the largest hedge funds holding Enphase Energy’s share is Coatue Management, LLC. It holds Enphase Energy’s shares valued at 120M.
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Enphase Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$127.38 (-1.80% Downside)
$127.38 (-1.80% Downside)
Blogger Sentiment
Bullish
ENPH Sentiment 76%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 609.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $45.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-23.95%
12-Months-Change
Fundamentals
Return on Equity
29.16%
Trailing 12-Months
Asset Growth
-4.37%
Trailing 12-Months
Company Description
Enphase Energy
Enphase Energy, Inc. is an energy technology company that provides energy management technology solutions for the solar photovoltaic industry worldwide. It engages in designing, developing, manufacturing and selling software-driven home energy solutions, which connect energy generation, energy storage and web-based control and communications management services.
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ENPH Earnings Call
Q1 2024
0:00 / 0:00
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ENPH Revenue Breakdown
64.13% U.S.
15.35% Netherlands
20.52% Other
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ENPH Stock 12 Month Forecast
Average Price Target
$127.38
▼(-1.80% Downside)
Technical Analysis
Best Analysts Covering ENPH
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+23.52%
reiterated a buy rating 2 months ago
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