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 Date11/5/2019 (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) posted its quarterly earnings data on Tuesday, July, 30th. The semiconductor company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.09. The semiconductor company earned $134.09 million during the quarter, compared to the consensus estimate of $120.36 million. Enphase Energy had a net margin of 2.63% and a return on equity of 31.17%. The company's quarterly revenue was up 76.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.02 earnings per share. View Enphase Energy's Earnings History.
When is Enphase Energy's next earnings date?
What guidance has Enphase Energy issued on next quarter's earnings?
Enphase Energy issued an update on its third quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $170-180 million, compared to the consensus revenue estimate of $120.35 million.
What price target have analysts set for ENPH?
11 equities research analysts have issued 12-month price targets for Enphase Energy's shares. Their predictions range from $8.50 to $120.00. On average, they expect Enphase Energy's stock price to reach $34.75 in the next twelve months. This suggests a possible upside of 40.4% 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?
Headlines about ENPH stock have been trending negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Enphase Energy earned a news impact score of -2.8 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Enphase Energy.
Are investors shorting Enphase Energy?
Enphase Energy saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 14,360,000 shares, an increase of 20.9% from the August 30th total of 11,880,000 shares. Based on an average daily trading volume, of 5,390,000 shares, the short-interest ratio is currently 2.7 days. Approximately 16.6% of the shares of the company are short sold. 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 ASE Technology (ASX), Advantest (ATEYY), Qorvo (QRVO), Cypress Semiconductor (CY), ON Semiconductor (ON), IPG Photonics (IPGP), Semiconductor Manufacturing International (SMICY), Mellanox Technologies (MLNX), First Solar (FSLR), Monolithic Power Systems (MPWR), United Microelectronics (UMC), Cree (CREE), Silicon Laboratories (SLAB), Solaredge Technologies (SEDG) and Cabot Microelectronics (CCMP).
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 a number of of institutional and retail investors. Top institutional investors include Polianta Ltd (0.03%), Cerebellum GP LLC (0.01%), Hexavest Inc. (0.01%) and Gradient Investments LLC (0.00%). Company insiders that own Enphase Energy stock include Badrinarayanan Kothandaraman, David A Ranhoff, Eric Branderiz, Humberto Garcia, Jeff Mcneil, John Howard Weber and Richard Mora. View Institutional Ownership Trends 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 Polianta Ltd, Cerebellum GP LLC, Hexavest Inc. and Gradient Investments LLC. 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 $24.75.
How big of a company is Enphase Energy?
Enphase Energy has a market capitalization of $3.02 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.
