NASDAQ:ENPH Enphase Energy Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Enphase Energy Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $66.87 -5.96 (-8.18 %) (As of 09/17/2020 12:00 AM ET) Add Compare Share Today's Range$65.89Now: $66.87▼$70.1950-Day Range$57.23MA: $69.88▼$78.7152-Week Range$17.18Now: $66.87▼$80.47Volume3.31 million shsAverage Volume6.01 million shsMarket Capitalization$8.43 billionP/E Ratio54.37Dividend YieldN/ABeta1.05 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. It sells its solutions primarily to distributors, as well as directly to large installers, original equipment manufacturers, strategic partners, and homeowners. Enphase Energy, Inc. was founded in 2006 and is headquartered in Fremont, California.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingEnphase Energy has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $71.08, Enphase Energy has a forecasted upside of 6.3% from its current price of $66.87.Amount of Analyst CoverageEnphase Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesEnphase Energy has received 599 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEnphase Energy has received 511 “underperform” votes. (Add your “underperform” vote.)Community SentimentEnphase Energy has received 53.96% “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. Previous Next 0.0 Dividend Strength Dividend YieldEnphase Energy does not currently pay a dividend.Dividend GrowthEnphase Energy does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn 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 $1,397,658.00 in company stock.Percentage Held by InsidersOnly 7.10% of the stock of Enphase Energy is held by insiders.Percentage Held by Institutions68.15% of the stock of Enphase Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Enphase Energy are expected to grow by 48.42% in the coming year, from $0.95 to $1.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Enphase Energy is 54.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Enphase Energy is 54.37, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.31.Price to Book Value per Share RatioEnphase Energy has a P/B Ratio of 30.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.59 out of 5 stars 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 Phone707-774-7000Debt Debt-to-Equity Ratio0.68 Current Ratio3.39 Quick Ratio3.25Price-To-Earnings Trailing P/E Ratio54.37 Forward P/E Ratio70.39 P/E GrowthN/A Sales & Book Value Annual Sales$624.33 million Price / Sales13.50 Cash Flow$0.85 per share Price / Cash Flow78.97 Book Value$2.22 per share Price / Book30.12Profitability EPS (Most Recent Fiscal Year)$0.67 Net Income$161.15 million Net Margins23.49% Return on Equity34.22% Return on Assets11.64%Miscellaneous Employees427 Outstanding Shares126,007,000Market Cap$8.43 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $66.87 -5.96 (-8.18 %) (As of 09/17/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ENPH News and Ratings via Email Sign-up to receive the latest news and ratings for ENPH and its competitors with MarketBeat's FREE daily newsletter. Enphase Energy (NASDAQ:ENPH) Frequently Asked Questions How has Enphase Energy's stock price been impacted by Coronavirus? Enphase Energy's stock was trading at $41.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ENPH shares have increased by 60.2% and is now trading at $66.87. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Enphase Energy? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enphase Energy in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Enphase Energy. When is Enphase Energy's next earnings date? Enphase Energy is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Enphase Energy. How were Enphase Energy's earnings last quarter? Enphase Energy Inc (NASDAQ:ENPH) released its quarterly earnings data on Tuesday, August, 4th. The semiconductor company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. The semiconductor company had revenue of $125.54 million for the quarter, compared to the consensus estimate of $123.24 million. Enphase Energy had a net margin of 23.49% and a return on equity of 34.22%. The business's revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.18 earnings per share. View Enphase Energy's earnings history. What guidance has Enphase Energy issued on next quarter's earnings? Enphase Energy updated its third quarter 2020 After-Hours earnings guidance on Tuesday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $160-175 million, compared to the consensus revenue estimate of $154.95 million. What price target have analysts set for ENPH? 14 Wall Street analysts have issued 1 year price targets for Enphase Energy's stock. Their forecasts range from $41.00 to $100.00. On average, they expect Enphase Energy's stock price to reach $71.08 in the next year. This suggests a possible upside of 6.3% from the stock's current price. View analysts' price targets for Enphase Energy. Who are some of Enphase Energy's key competitors? Some companies that are related to Enphase Energy include Eaton (ETN), Roper Technologies (ROP), Emerson Electric (EMR), Rockwell Automation (ROK), AMETEK (AME), Generac (GNRC), Acuity Brands (AYI), Regal Beloit (RBC), II-VI (IIVI), Vicor (VICR), EnerSys (ENS), Franklin Electric (FELE), Brady (BRC), Belden (BDC) and Encore Wire (WIRE). View all 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), Walt Disney (DIS) and Netflix (NFLX). Who are Enphase Energy's key executives? Enphase Energy's management team includes the following 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) 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 institutional and retail investors. Top institutional investors include FMR LLC (8.47%), Vanguard Group Inc. (8.08%), Sylebra Capital Ltd (2.61%), Gilder Gagnon Howe & Co. LLC (1.98%), Electron Capital Partners LLC (1.24%) and Bank of New York Mellon Corp (0.69%). Company insiders that own Enphase Energy stock include Badrinarayanan Kothandaraman, Benjamin John Kortlang, David A Ranhoff, Eric Branderiz, Jeff Mcneil, 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 Barclays PLC, Charles Schwab Investment Management Inc., Gilder Gagnon Howe & Co. LLC, First Trust Advisors LP, Marathon Capital Management, Advisor Group Holdings Inc., Trexquant Investment LP, and Luminus Management 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, Mandy Yang, Moreno Isidoro Quiroga, and Thurman J Rodgers. View insider buying and selling activity for Enphase Energy. Which major investors are buying Enphase Energy stock? ENPH stock was bought by a variety of institutional investors in the last quarter, including Sylebra Capital Ltd, FMR LLC, Vanguard Group Inc., Electron Capital Partners LLC, Bank of New York Mellon Corp, Columbus Circle Investors, Handelsbanken Fonder AB, and Point72 Asset Management L.P.. 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. 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 $66.87. How big of a company is Enphase Energy? Enphase Energy has a market capitalization of $8.43 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 427 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 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
