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Enphase Energy (ENPH)
NASDAQ:ENPH
Holding ENPH?
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ENPH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$58.33 - $141.63
Previous Close$71.45
Volume6.56M
Average Volume (3M)4.58M
Market Cap
$8.89B
Enterprise Value$8.42B
Total Cash (Recent Filing)$1.77B
Total Debt (Recent Filing)$1.30B
Price to Earnings (P/E)162.9
Beta1.68
Next Earnings
Feb 11, 2025EPS Estimate
$0.75Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.44
Shares Outstanding135,106,623
10 Day Avg. Volume2,865,203
30 Day Avg. Volume4,581,578
Standard Deviation0.22
R-Squared0.16
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)10.37
Price to Sales (P/S)7.11
Price to Cash Flow (P/CF)13.10
P/FCF Ratio13.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.48
Enterprise Value/Gross Profit7.96
Enterprise Value/Ebitda28.24
Forecast
1Y Price Target
$92.19Price Target Upside29.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Enphase Energy News
Bulls Say, Bears Say
Bulls Say
Competitive PositioningEnphase managed to gain share in the US battery market in 1H24 even with stiff competition from Tesla, with its battery system capturing ~41.5% of quotes to Tesla’s ~33.5%.
Market Growth And DemandDemand for solar remains solid, supported by growth in backlog, which is beneficial for Enphase Energy.
Tax Credits And IncentivesEnphase's reshoring of its microinverter production base allows its products to qualify for the Section 45X Advanced Manufacturing Tax Credit.
Bears Say
CompetitionRising concern from investors on competition with Tesla is a bigger risk to the current valuation premium.
Financial GuidanceENPH has guided USD360-400m revenue for 4Q24 while the mid-point shows no growth vs. USD381m revenue in 3Q24, a miss to the market.
Market ConditionsThe company's fundamentals are challenged by deteriorating conditions in the European market and recent layoffs, adding to competitive pressures.
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Ownership Overview
3.20% Insiders
19.25% Mutual Funds
20.16% Other Institutional Investors
26.64% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ENPH FAQ
What was Enphase Energy’s price range in the past 12 months?
Enphase Energy lowest stock price was $58.33 and its highest was $141.63 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 Feb 11, 2025 which is in 52 days.
How were Enphase Energy’s earnings last quarter?
Enphase Energy released its earnings results on Oct 22, 2024. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.78 by -$0.13.
Is Enphase Energy overvalued?
According to Wall Street analysts Enphase Energy’s price is currently Undervalued.
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 $0.75.
How many shares outstanding does Enphase Energy have?
Enphase Energy has 135,106,630 shares outstanding.
What happened to Enphase Energy’s price movement after its last earnings report?
Enphase Energy reported an EPS of $0.65 in its last earnings report, missing expectations of $0.78. Following the earnings report the stock price went down -14.919%.
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 109M.
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Enphase Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$92.19 (29.03% Upside)
$92.19 (29.03% Upside)
Blogger Sentiment
Bullish
ENPH Sentiment 72%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 30.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $610.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.17%
12-Months-Change
Fundamentals
Return on Equity
6.31%
Trailing 12-Months
Asset Growth
-8.15%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there was strong revenue growth in the U.S. and promising new product launches, significant challenges were highlighted in the European market and from a major U.S. customer bankruptcy. The company remains optimistic about future growth driven by market conditions and product innovations.Read More>---
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
$92.19
▲(29.03% Upside)
Technical Analysis
Best Analysts Covering ENPH
1 Year
1 Year Success Rate
19/28 ratings generated profit
1 Year Average Return
+128.23%
assigned a buy rating 2 months ago
Copying Colin Rusch's trades and holding each position for 1 Year would result in 67.86% of your transactions generating a profit, with an average return of +128.23% per trade.
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