Enphase Energy (ENPH) Stock Price, News & Analysis

+3.65 (+3.30%)
(As of 01:34 PM ET)
Today's Range
50-Day Range
52-Week Range
2.86 million shs
Average Volume
4.04 million shs
Market Capitalization
$15.52 billion
P/E Ratio
Dividend Yield
Price Target

Enphase Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
29.4% Upside
$147.84 Price Target
Short Interest
7.82% of Float Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.77mentions of Enphase Energy in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$4.05 M Sold Last Quarter
Proj. Earnings Growth
From $2.01 to $3.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Oils/Energy Sector

5th out of 236 stocks

Semiconductors & Related Devices Industry

4th out of 88 stocks

ENPH stock logo

About Enphase Energy Stock (NASDAQ:ENPH)

Enphase Energy, Inc. is a US-based technology company focused on the solar power industry. It was founded in 2006 by Martin Fornage and partner Raghu Belur after inspiration from Fornage. The company’s goal is to help residential consumers harness the sun for daily use and provide the ability to sell excess production back to the grid.

Mr. Fornage noticed a low-performance problem with a solar array at his ranch. The array was linked to a central inverter, as most are still to this day which poses a problem. When linked together, the DC current generated by an array of solar panels is limited to the weakest output. To solve this issue, Fornage and the company will develop proprietary microinverters and install one on the back of each panel of an array, an arrangement that increases output and total efficiency. The solar inverter is important because solar panels generate DC current which is not compatible with the electric grid, it converts the DC to AC and is a necessary component of all solar power generating facilities.

The company launched its first product, the M175, following a capital raise in 2007. The follow-up product, the M190, sold about 400,000 units in its first year alone and helped the company secure 13% of the residential market share by 2010. Enphase went public in 2012 and then decided to enter the battery-storage industry as well. The company will continue growing through 2020, releasing new products and entering new markets. By the end of 2020, Enphase has 48% of the US residential inverter market which is more than 70% of the world microinverter market but less than 2% of the total inverter market.

The post-2020 period is focused on new acquisitions and building out an SaaS network for home power generation and storage. By the end of 2022, the company had sold more than 50 million inverters, expanding its offerings and deepening its penetration. Part of the strategy is to branch out into services, including microinverter solutions for small businesses.

Today, Enphase Energy operates through a network of subsidiaries. The company is in business designing and developing solar power and alternative energy solutions for the residential market. It manufactures and sells semiconductor-based home energy solutions including microinverters, batteries, solar leads and software solutions to help operate and maintain the systems. Total revenue in 2021 topped $1.38 billion.

Among the many products now offered are EV charging stations. The Clipper Creek subsidiary is the leader in home EV charging solutions and will install a model best suited for each consumer's make and model vehicle. Chargers are compatible with all models sold in the US and come with a 25-foot charging cable for ultimate flexibility.

Enphase is helping to accelerate the shift to solar power by making solar power generation and storage more accessible and affordable for residential consumers. The future of renewable energy is broad networks of micro-generating facilities, such as homes and small businesses, that are backed up by battery storage capacity.

ENPH Stock Price History

ENPH Stock News Headlines

How to Invest in Electric Cars Now and in the Future (ENPH)
How do you invest in electric cars? Buy the stock of automakers or buy an exchange-traded fund? We’ll show you how to invest in electric cars.
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
Enphase Energy (NASDAQ:ENPH) Price Target Cut to $148.00
Enphase Energy (NASDAQ:ENPH) Rating Reiterated by Roth Mkm
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Expert Outlook: Enphase Energy Through The Eyes Of 11 Analysts
Barclays Keeps Their Hold Rating on Enphase Energy (ENPH)
Enphase Energy (ENPH) Set to Announce Earnings on Tuesday
3 Stocks to Load Up On When Others Are Selling
Enphase Energy (ENPH) Gets a Buy from Susquehanna
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Semiconductors & related devices
Electrical Components & Equipment
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
30 Analysts


Net Income
$438.94 million
Pretax Margin


Sales & Book Value

Annual Sales
$2.29 billion
Cash Flow
$4.03 per share
Book Value
$7.20 per share


Free Float
Market Cap
$15.03 billion

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ENPH Stock Analysis - Frequently Asked Questions

Should I buy or sell Enphase Energy stock right now?

30 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 1 sell rating, 13 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ENPH shares.
View ENPH analyst ratings
or view top-rated stocks.

What is Enphase Energy's stock price target for 2024?

30 brokers have issued 12-month price objectives for Enphase Energy's stock. Their ENPH share price targets range from $86.00 to $275.00. On average, they predict the company's stock price to reach $147.84 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price.
View analysts price targets for ENPH
or view top-rated stocks among Wall Street analysts.

How have ENPH shares performed in 2024?

Enphase Energy's stock was trading at $132.14 on January 1st, 2024. Since then, ENPH shares have decreased by 13.6% and is now trading at $114.23.
View the best growth stocks for 2024 here

When is Enphase Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our ENPH earnings forecast

How can I listen to Enphase Energy's earnings call?

Enphase Energy will be holding an earnings conference call on Tuesday, April 23rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9400626".

How were Enphase Energy's earnings last quarter?

Enphase Energy, Inc. (NASDAQ:ENPH) posted its quarterly earnings data on Tuesday, February, 6th. The semiconductor company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.24 by $0.05. The semiconductor company had revenue of $302.57 million for the quarter, compared to the consensus estimate of $327.06 million. Enphase Energy had a trailing twelve-month return on equity of 47.73% and a net margin of 19.16%.

What guidance has Enphase Energy issued on next quarter's earnings?

Enphase Energy issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $260.0 million-$300.0 million, compared to the consensus revenue estimate of $319.4 million.

What is Badri Kothandaraman's approval rating as Enphase Energy's CEO?

105 employees have rated Enphase Energy Chief Executive Officer Badri Kothandaraman on Badri Kothandaraman has an approval rating of 52% among the company's employees. This puts Badri Kothandaraman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 69.0% of employees surveyed would recommend working at Enphase Energy to a friend.

What other stocks do shareholders of Enphase Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Enphase Energy investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Block (SQ), SolarEdge Technologies (SEDG), Alibaba Group (BABA), Micron Technology (MU), PayPal (PYPL), Netflix (NFLX) and Salesforce (CRM).

Who are Enphase Energy's major shareholders?

Enphase Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.24%), AMF Tjanstepension AB (0.12%), Guinness Asset Management LTD (0.11%), Los Angeles Capital Management LLC (0.09%), Allspring Global Investments Holdings LLC (0.08%) and State of Michigan Retirement System (0.03%). Insiders that own company stock include Badrinarayanan Kothandaraman, Benjamin John Kortlang, David A Ranhoff, Eric Branderiz, Jeff Mcneil, Jerry S Lanchbury, Joseph Ian Malchow, Mandy Yang, Richard Mora, Sean E George, Steven J Gomo and Thurman J Rodgers.
View institutional ownership trends

How do I buy shares of Enphase Energy?

Shares of ENPH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Enphase Energy have any subsidiaries?
The following companies are subsidiares of Enphase Energy: 365 Pronto Inc., 365 Pronto Inc., ClipperCreek Inc., Clippercreek, Enphase Brasil Energia Solar LTDA, Enphase Energy Australia Pty. Ltd., Enphase Energy Canada Holdings Inc., Enphase Energy Canada Inc., Enphase Energy International LLC, Enphase Energy Mexico S. DE R.L. DE C.V., Enphase Energy NL B.V., Enphase Energy New Zealand, Enphase Energy S.A.S., Enphase Energy S.r.l., Enphase Energy Technology (Shanghai) Co. Ltd., Enphase Service Company LLC, Enphase Solar Energy India Pvt. Limited, GreenCom Networks AG, Sofdesk Inc., SolarLeadFactory LLC, and SunPower.
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This page (NASDAQ:ENPH) was last updated on 4/23/2024 by Staff

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