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Enphase Energy (ENPH)
NASDAQ:ENPH
Enphase Energy (ENPH) Stock Price & Analysis
7,741 Followers
ENPH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$73.49 - $192.22
Previous Close$115.08
Volume2.56M
Average Volume (3M)3.97M
Market Cap
$15.66B
Enterprise Value$15.26B
Total Cash (Recent Filing)$1.70B
Total Debt (Recent Filing)$1.29B
Price to Earnings (P/E)59.6
Beta1.65
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. Volume5,389,976
30 Day Avg. Volume3,974,482
Standard Deviation0.23
R-Squared0.12
Alpha0.05
Financial Highlights & Ratios
Price to Book (P/B)22.18
Price to Sales (P/S)6.83
Price to Cash Flow (P/CF)109.60
P/FCF Ratio220.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.66
Enterprise Value/Gross Profit14.42
Enterprise Value/Ebitda25.88
Forecast
1Y Price Target
$127.17Price Target Upside10.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering25
Enphase Energy News
Bulls Say, Bears Say
Bulls Say
Market Share & ExpansionThe company is successful in maintaining market share and is expected to perform well against competitors in key markets.
Product Launch & Margin StrengthSigns point to a near-term trough with positive outlook for the following year, anchored by new product launches and strong margins.
Stock UpgradeAnalyst upgrades the stock to Overweight with a price target of $134 based on confidence that de-stocking will be completed and demand will increase.
Bears Say
Financial OutlookLowered earnings per share forecasts for 2024 and 2025 to $2.91 and $4.90 respectively.
Financial PerformanceENPH missed Q1 revenues and guided down Q2 revenues vs estimates, likely driven by softer US demand.
Market DemandIn 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%.
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Ownership Overview
35.20% Insiders
23.67% Mutual Funds
34.96% Other Institutional Investors
6.18% 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 $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 76 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 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 $0.5.
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 Mirova US LLC. It holds Enphase Energy’s shares valued at 76M.
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Enphase Energy Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$127.17 (10.65% Upside)
$127.17 (10.65% Upside)
Blogger Sentiment
Bullish
ENPH Sentiment 78%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 650.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.91%
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
$127.17
▲(10.65% Upside)
Technical Analysis
Best Analysts Covering ENPH
1 Year
1 Year Success Rate
21/27 ratings generated profit
1 Year Average Return
+150.25%
reiterated a buy rating 16 days ago
Copying Colin Rusch's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +150.25% per trade.
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