NASDAQ:ENPH

Enphase Energy Stock Forecast, Price & News

Followed 138 Times

$201.28

+10.69 (+5.61 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

$194.21

Now: $201.28▼

$204.01

50-Day Range

$127.26

MA: $169.92▼

$213.76

52-Week Range

$21.49

Now: $201.28▼

$222.43

Volume3.11 million shs

Average Volume6.62 million shs

Market Capitalization$25.43 billion

P/E Ratio157.25

Dividend YieldN/A

Beta1.44

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as directly to the homeowners and the do-it-yourself market through its legacy product upgrade program or online store. In addition, it offers online and in-person training resources for solar and storage installers, and Enphase system owners through its Enphase University. Enphase Energy, Inc. was founded in 2006 and is headquartered in Fremont, California.

MarketRank^™

Overall MarketRank^™

1.71 out of 5 stars

2.3 Analyst's Opinion

Consensus Rating
Enphase Energy has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 12 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $139.41, Enphase Energy has a forecasted downside of 30.7% from its current price of $201.28.
Amount of Analyst Coverage
Enphase Energy has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Enphase Energy has received 621 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Enphase Energy has received 520 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Enphase Energy has received 54.43% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Enphase Energy does not currently pay a dividend.
Dividend Growth
Enphase Energy does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Enphase Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,435,421.00 in company stock.
Percentage Held by Insiders
Only 7.10% of the stock of Enphase Energy is held by insiders.
Percentage Held by Institutions
72.81% of the stock of Enphase Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Enphase Energy are expected to grow by 69.47% in the coming year, from $0.95 to $1.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Enphase Energy is 157.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of Enphase Energy is 157.25, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 27.76.
Price to Earnings Growth Ratio
Enphase Energy has a PEG Ratio of 3.36. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Enphase Energy has a P/B Ratio of 90.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryElectrical Components & Equipment

SectorOils/Energy

Current SymbolNASDAQ:ENPH

Previous Symbol

CUSIP29355A10

CIK1463101

Webwww.enphase.com

Phone707-774-7000

Employees577

Debt

Debt-to-Equity Ratio0.62

Current Ratio3.31

Quick Ratio3.17

Price-To-Earnings

Trailing P/E Ratio157.25

Forward P/E Ratio211.87

P/E Growth3.36

Sales & Book Value

Annual Sales$624.33 million

Price / Sales40.73

Cash Flow$0.81 per share

Price / Cash Flow247.07

Book Value$2.22 per share

Price / Book90.67

Profitability

EPS (Most Recent Fiscal Year)$0.67

Net Income$161.15 million

Net Margins24.69%

Return on Equity30.06%

Return on Assets10.78%

Miscellaneous

Outstanding Shares126,333,000

Market Cap$25.43 billion

Next Earnings Date2/16/2021 (Estimated)

OptionableOptionable

$201.28

+10.69 (+5.61 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Enphase Energy (NASDAQ:ENPH) Frequently Asked Questions

How has Enphase Energy's stock been impacted by COVID-19 (Coronavirus)?

Enphase Energy's stock was trading at $41.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ENPH stock has increased by 382.1% and is now trading at $201.28.
View which stocks have been most impacted by COVID-19.

Is Enphase Energy a buy right now?

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Enphase Energy stock.
View analyst ratings for Enphase Energy or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Enphase Energy?

Wall Street analysts have given Enphase Energy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Enphase Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Enphase Energy's next earnings date?

Enphase Energy is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Enphase Energy.

How were Enphase Energy's earnings last quarter?

Enphase Energy, Inc. (NASDAQ:ENPH) posted its quarterly earnings results on Tuesday, October, 27th. The semiconductor company reported $0.30 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.16. The semiconductor company had revenue of $178.50 million for the quarter, compared to analysts' expectations of $169.79 million. Enphase Energy had a return on equity of 30.06% and a net margin of 24.69%.
View Enphase Energy's earnings history.

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

Enphase Energy issued an update on its fourth quarter 2020 After-Hours earnings guidance on Tuesday, October, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $245-260 million, compared to the consensus revenue estimate of $243.34 million.

What price target have analysts set for ENPH?

19 brokerages have issued 12-month price objectives for Enphase Energy's stock. Their forecasts range from $49.00 to $254.00. On average, they expect Enphase Energy's stock price to reach $139.41 in the next twelve months. This suggests that the stock has a possible downside of 30.7%.
View analysts' price targets for Enphase Energy or view Wall Street analyst' top-rated stocks.

Who are some of Enphase Energy's key competitors?

Some companies that are related to Enphase Energy include Eaton (ETN), Emerson Electric (EMR), Roper Technologies (ROP), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), II-VI (IIVI), Regal Beloit (RBC), FuelCell Energy (FCEL), Vicor (VICR), Acuity Brands (AYI), EnerSys (ENS), Franklin Electric (FELE), Brady (BRC) and Belden (BDC).
View all of ENPH's competitors.

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), Square (SQ), SolarEdge Technologies (SEDG), Alibaba Group (BABA), Micron Technology (MU), PayPal (PYPL), Netflix (NFLX) and salesforce.com (CRM).

Who are Enphase Energy's key executives?

Enphase Energy's management team includes the following people:

Mr. Badrinarayanan Kothandaraman, Pres, CEO & Director (Age 47, Pay $1.04M)
Mr. Eric Branderiz, Exec. VP & CFO (Age 55, Pay $864.59k)
Mr. Jeff McNeil, Exec. VP & COO (Age 58, Pay $607.57k)
Mr. David A. Ranhoff, Exec. VP & Chief Commercial Officer (Age 64, Pay $853.65k)
Mr. Martin Fornage, Co-Founder & Technical Advisor (Age 56)
Mr. Raghuveer R. Belur, Co-Founder & Chief Products Officer (Age 52)
Ms. Mandy Yang, Chief Accounting Officer & Corp. Treasurer (Age 44)
Mr. Adam Hinckley, Sr. Director of Investor Relations, M&A and Gov. Relations
Ms. Lisan Hung, VP, Gen. Counsel & Corp. Sec. (Age 51)
Mr. Nathan Dunn, Managing Director of APAC

What is Enphase Energy's stock symbol?

Enphase Energy trades on the NASDAQ under the ticker symbol "ENPH."

Who are Enphase Energy's major shareholders?

Enphase Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.05%), Louisiana State Employees Retirement System (0.03%), Traynor Capital Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%), Breiter Capital Management Inc. (0.01%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own Enphase Energy stock include Badrinarayanan Kothandaraman, Benjamin John Kortlang, David A Ranhoff, Eric Branderiz, Jeff Mcneil, Joseph Ian Malchow, Mandy Yang, Moreno Isidoro Quiroga, Richard Mora and Thurman J Rodgers.
View institutional ownership trends for Enphase Energy.

Which major investors are selling Enphase Energy stock?

ENPH stock was sold by a variety of institutional investors in the last quarter, including Westside Investment Management Inc., State of Alaska Department of Revenue, and Sowell Financial Services LLC. Company insiders that have sold Enphase Energy company stock in the last year include Badrinarayanan Kothandaraman, Benjamin John Kortlang, David A Ranhoff, Eric Branderiz, Jeff Mcneil, Joseph Ian Malchow, Mandy Yang, Moreno Isidoro Quiroga, and Thurman J Rodgers.
View insider buying and selling activity for Enphase Energy or view top insider-selling stocks.

Which major investors are buying Enphase Energy stock?

ENPH stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., TAP Consulting LLC, IFM Investors Pty Ltd, Polianta Ltd, Breiter Capital Management Inc., Crossmark Global Holdings Inc., Redpoint Investment Management Pty Ltd, and Pinnacle Financial Partners Inc.. Company insiders that have bought Enphase Energy stock in the last two years include Badrinarayanan Kothandaraman, and Eric Branderiz.
View insider buying and selling activity for Enphase Energy or or view top insider-buying stocks.

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 WeBull, 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 $201.28.

How big of a company is Enphase Energy?

Enphase Energy has a market capitalization of $25.43 billion and generates $624.33 million in revenue each year. The semiconductor company earns $161.15 million in net income (profit) each year or $0.67 on an earnings per share basis. Enphase Energy employs 577 workers across the globe.

What is Enphase Energy's official website?

The official website for Enphase Energy is www.enphase.com.

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]

This page was last updated on 1/20/2021 by MarketBeat.com Staff

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