Enphase Energy, Inc, together with its subsidiaries, designs, develops, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control services.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryElectrical Components & Equipment
SectorOils/Energy
Phone707-774-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$316.16 million
Profitability
Miscellaneous
Employees427
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable
Enphase Energy (NASDAQ:ENPH) Frequently Asked Questions
What is Enphase Energy's stock symbol?
Enphase Energy trades on the NASDAQ under the ticker symbol "ENPH."
How were Enphase Energy's earnings last quarter?
Enphase Energy Inc (NASDAQ:ENPH) released its quarterly earnings results on Tuesday, October, 29th. The semiconductor company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.05. The semiconductor company had revenue of $180.06 million for the quarter, compared to analysts' expectations of $176.49 million. Enphase Energy had a return on equity of 62.77% and a net margin of 8.92%. The company's revenue was up 130.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.04 EPS. View Enphase Energy's Earnings History.
When is Enphase Energy's next earnings date?
What price target have analysts set for ENPH?
11 brokerages have issued 12-month price objectives for Enphase Energy's stock. Their forecasts range from $8.50 to $120.00. On average, they anticipate Enphase Energy's share price to reach $35.45 in the next twelve months. This suggests a possible upside of 85.4% from the stock's current price. View Analyst Price Targets for Enphase Energy.
What is the consensus analysts' recommendation for Enphase Energy?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Enphase Energy.
What are Wall Street analysts saying about Enphase Energy stock?
Here are some recent quotes from research analysts about Enphase Energy stock:
- 1. According to Zacks Investment Research, "Enphase Energy outperformed the industry in a year’s time. The company revolutionized the solar industry by pioneering a semiconductor-based microinverter, which converts energy at the individual solar module level. To capture larger shares of the expanding solar market and improve customer reliability, the company constantly innovates new versions of its family of microinverters, which is an added positive. In mid-2020, Enphase is set to launch its next-generation microinverter system, IQ 8. In a bid to stand out in the competitive solar microinverter market, Enphase acquired SunPower’s microinverter business last August. In 2019, management expects a ramp up in volume shipments for its IQ7Xs product, thereby providing a boost to its prospects. However, component shortages are hurting the company’s growth trajectory." (10/1/2019)
- 2. Northland Securities analysts commented, "We believe the killer application for solar is grid independence. ENPH is a leading supplier of energy efficient microinverters that are used to convert electricity from solar panels to AC. ENPH Ensemble 1.0 product offering enables solar systems to be grid independent. Early next year, ENPH will enable grid independence without storage as it launches its iQ8 inverter. Its Ensemble 2.0 product offering enabled by iQ8 increases its revenue opportunity per home from $2K to $10K." (6/26/2019)
- 3. HC Wainwright analysts commented, "We believe key drivers for 2019 include: (1) continued expansion of IQ7 sales globally; and (2) growth in integrated AC module (ACM) sales through various partnerships. The IQ8 microinverters, based on the company’s grid-agnostic Ensemble technology should provide significant upside to the story in the mid-to-long term. We expect the company’s topline to increase from $492.4M in 2019 to $879.3M in 2025, growing at a six-year CAGR of 10.1%. We are assuming operating expenses to grow at a six-year CAGR of 3.8% from $108.8M in 2019 to $136.4M in 2025." (6/20/2019)
Has Enphase Energy been receiving favorable news coverage?
Media stories about ENPH stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Enphase Energy earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave media coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Enphase Energy.
Are investors shorting Enphase Energy?
Enphase Energy saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 13,540,000 shares, a decline of 5.7% from the September 30th total of 14,360,000 shares. Based on an average trading volume of 5,350,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 15.7% of the shares of the company are sold short. View Enphase Energy's Current Options Chain.
Who are some of Enphase Energy's key competitors?
Some companies that are related to Enphase Energy include Emerson Electric (EMR), Eaton (ETN), Roper Technologies (ROP), AMETEK (AME), Rockwell Automation (ROK), Generac (GNRC), Acuity Brands (AYI), Regal Beloit (RBC), Brady (BRC), EnerSys (ENS), Franklin Electric (FELE), Belden (BDC), II-VI (IIVI), Vicor (VICR) and Encore Wire (WIRE).
What other stocks do shareholders of Enphase Energy own?
Who are Enphase Energy's key executives?
Enphase Energy's management team includes the folowing people:
- Mr. Badrinarayanan Kothandaraman, Pres, CEO & Director (Age 46)
- Mr. Eric Branderiz, CFO & VP (Age 54)
- Mr. David A. Ranhoff, VP & Chief Commercial Officer (Age 63)
- Mr. Martin Fornage, Co-Founder & CTO (Age 55)
- Mr. Raghuveer R. Belur, Co-Founder & Chief Products Officer (Age 51)
Who are Enphase Energy's major shareholders?
Enphase Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.24%), Alps Advisors Inc. (0.14%), First Trust Advisors LP (0.13%), Clear Harbor Asset Management LLC (0.11%), Rhumbline Advisers (0.10%) and SG Americas Securities LLC (0.07%). Company insiders that own Enphase Energy stock include Badrinarayanan Kothandaraman, David A Ranhoff, Eric Branderiz, Humberto Garcia, Jeff Mcneil, John Howard Weber, Mandy Yang and Richard Mora. View Institutional Ownership Trends for Enphase Energy.
Which institutional investors are selling Enphase Energy stock?
ENPH stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Creative Planning, Mackay Shields LLC, Cookson Peirce & Co. Inc., Commonwealth Equity Services LLC, Dupont Capital Management Corp, Meeder Asset Management Inc. and Steward Partners Investment Advisory LLC. Company insiders that have sold Enphase Energy company stock in the last year include Badrinarayanan Kothandaraman, David A Ranhoff, Eric Branderiz, Jeff Mcneil, Mandy Yang and Richard Mora. View Insider Buying and Selling for Enphase Energy.
Which institutional investors are buying Enphase Energy stock?
ENPH stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Hussman Strategic Advisors Inc., SG Americas Securities LLC, Polianta Ltd, Essex Investment Management Co. LLC, Virginia Retirement Systems ET AL, Comerica Bank and Alberta Investment Management Corp. Company insiders that have bought Enphase Energy stock in the last two years include Badrinarayanan Kothandaraman and Eric Branderiz. View Insider Buying and Selling for Enphase Energy.
How do I buy shares of Enphase Energy?
Shares of ENPH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Enphase Energy's stock price today?
One share of ENPH stock can currently be purchased for approximately $19.12.
How big of a company is Enphase Energy?
Enphase Energy has a market capitalization of $2.34 billion and generates $316.16 million in revenue each year. The semiconductor company earns $-11,630,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Enphase Energy employs 427 workers across the globe.View Additional Information About Enphase Energy.
What is Enphase Energy's official website?
How can I contact Enphase Energy?
Enphase Energy's mailing address is 47281 BAYSIDE PARKWAY, FREMONT CA, 94538. The semiconductor company can be reached via phone at 707-774-7000 or via email at [email protected]
MarketBeat Community Rating for Enphase Energy (NASDAQ ENPH)
MarketBeat's community ratings are surveys of what our community members think about Enphase Energy and other stocks. Vote "Outperform" if you believe ENPH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENPH will underperform the S&P 500 over the long term. You may vote once every thirty days.
