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How major US stock indexes fared Friday 1/27/2023
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Ride These Railroad Stocks for Growth and Income
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
Is This The End of Capitalism? (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Ride These Railroad Stocks for Growth and Income
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
Is This The End of Capitalism? (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Ride These Railroad Stocks for Growth and Income
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Visa, L3Harris rise; Intel, Eastman Chemical fall
Is This The End of Capitalism? (Ad)
How major US stock indexes fared Friday 1/27/2023
Closing prices for crude oil, gold and other commodities
NASDAQ:ENPH

Enphase Energy - ENPH Stock Forecast, Price & News

$210.09
+2.07 (+1.00%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$204.67
$213.59
50-Day Range
$208.02
$336.00
52-Week Range
$113.97
$339.92
Volume
3.73 million shs
Average Volume
4.06 million shs
Market Capitalization
$28.56 billion
P/E Ratio
101.01
Dividend Yield
N/A
Price Target
$306.22

Enphase Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
47.9% Upside
$310.82 Price Target
Short Interest
Healthy
4.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
0.81mentions of Enphase Energy in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$56.56 M Sold Last Quarter
Proj. Earnings Growth
29.87%
From $3.18 to $4.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.04 out of 5 stars

Oils/Energy Sector

10th out of 244 stocks

Semiconductors & Related Devices Industry

3rd out of 93 stocks


ENPH stock logo

About Enphase Energy (NASDAQ:ENPH) Stock

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.

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ENPH Stock News Headlines

OTR Global Lowers Enphase Energy (NASDAQ:ENPH) to Positive
Piper Sandler Lowers Enphase Energy (NASDAQ:ENPH) to Neutral
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
12 Best Up-and-Coming Stocks to Buy Now
Enphase Energy: The Valuation Is Too Much
Could Energy Transition Power these 2 Solar Stocks Higher?
Why Is SunPower (SPWR) Up 16% Since Last Earnings Report?
See More Headlines
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ENPH Company Calendar

Last Earnings
10/26/2021
Today
1/28/2023
Next Earnings (Confirmed)
2/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:ENPH
CUSIP
29355A10
Employees
2,260
Year Founded
2006

Price Target and Rating

Average Stock Price Forecast
$310.82
High Stock Price Forecast
$365.00
Low Stock Price Forecast
$240.00
Forecasted Upside/Downside
+45.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
21 Analysts

Profitability

Net Income
$145.45 million
Pretax Margin
16.56%

Debt

Sales & Book Value

Annual Sales
$1.38 billion
Cash Flow
$2.05 per share
Book Value
$3.19 per share

Miscellaneous

Free Float
129,400,000
Market Cap
$28.56 billion
Optionable
Optionable
Beta
1.38

Social Links


Key Executives

  • Badrinarayanan KothandaramanBadrinarayanan Kothandaraman
    President, Chief Executive Officer & Director
  • Mandy YangMandy Yang
    Treasurer, Chief Accounting & Financial Officer
  • David A. RanhoffDavid A. Ranhoff
    Chief Commercial Officer & Executive VP
  • Lisan Hung
    Secretary, Vice President & General Counsel
  • Raghuveer R. Belur
    Chief Products Officer













ENPH Stock - Frequently Asked Questions

Should I buy or sell Enphase Energy stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last twelve months. There are currently 6 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ENPH shares.
View ENPH analyst ratings
or view top-rated stocks.

What is Enphase Energy's stock price forecast for 2023?

21 Wall Street research analysts have issued 12 month target prices for Enphase Energy's shares. Their ENPH share price forecasts range from $240.00 to $365.00. On average, they expect the company's stock price to reach $310.82 in the next twelve months. This suggests a possible upside of 47.9% 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 2023?

Enphase Energy's stock was trading at $264.96 at the beginning of 2023. Since then, ENPH stock has decreased by 20.7% and is now trading at $210.09.
View the best growth stocks for 2023 here
.

When is Enphase Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
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, February 7th 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 "2233998".

How were Enphase Energy's earnings last quarter?

Enphase Energy, Inc. (NASDAQ:ENPH) posted its quarterly earnings data on Tuesday, October, 26th. The semiconductor company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.11. The semiconductor company earned $351.52 million during the quarter, compared to analysts' expectations of $343.77 million. Enphase Energy had a trailing twelve-month return on equity of 76.66% and a net margin of 14.67%. The company's revenue was up 96.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.28 EPS.
Read the conference call transcript
.

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

Enphase Energy issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $680.00 million-$720.00 million, compared to the consensus revenue estimate of $660.21 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 Glassdoor.com. 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).

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 many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.25%), Assenagon Asset Management S.A. (0.14%), Clear Harbor Asset Management LLC (0.13%), New York State Teachers Retirement System (0.11%), DNB Asset Management AS (0.08%) and Boston Common Asset Management LLC (0.05%). 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, Moreno Isidoro Quiroga, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Enphase Energy's stock price today?

One share of ENPH stock can currently be purchased for approximately $210.09.

How much money does Enphase Energy make?

Enphase Energy (NASDAQ:ENPH) has a market capitalization of $28.56 billion and generates $1.38 billion in revenue each year. The semiconductor company earns $145.45 million in net income (profit) each year or $2.08 on an earnings per share basis.

How many employees does Enphase Energy have?

The company employs 2,260 workers across the globe.

How can I contact Enphase Energy?

Enphase Energy's mailing address is 47281 BAYSIDE PARKWAY, FREMONT CA, 94538. The official website for the company is www.enphase.com. The semiconductor company can be reached via phone at (877) 774-7000, via email at ir@enphaseenergy.com, or via fax at 302-636-5454.

This page (NASDAQ:ENPH) was last updated on 1/28/2023 by MarketBeat.com Staff