Enphase Energy Inc (ENPH)
NASDAQ:ENPH
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ENPH Stock Chart & Stats
$32.48
-$3.41(-4.64%)
At close: 4:00 PM EST
$32.48
-$3.41(-4.64%)
Day’s Range― - ―
52-Week Range$25.78 - $73.74
Previous CloseN/A
Volume1.42M
Average Volume (3M)8.80M
Market Cap
$7.19B
Enterprise Value$9.09B
Total Cash (Recent Filing)$930.64M
Total Debt (Recent Filing)$612.13M
Price to Earnings (P/E)53.1
Beta0.73
Next Earnings
Jul 28, 2026EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.03
Shares Outstanding131,798,220
10 Day Avg. Volume7,109,802
30 Day Avg. Volume8,795,298
Financial Highlights & Ratios
PEG Ratio0.34
Price to Book (P/B)3.87
Price to Sales (P/S)2.85
P/FCF Ratio43.83
Enterprise Value/Market Cap1.26
Enterprise Value/Revenue6.50
Enterprise Value/Gross Profit14.69
Enterprise Value/Ebitda44.01
Forecast
1Y Price Target
$46.98Price Target Upside44.66% Upside
Rating ConsensusHold
Number of Analyst Covering21
EPS Forecast (FY)2.02
Revenue Forecast (FY)$1.19B
Bulls Say, Bears Say
Bulls Say
Sustained Profitability & MarginsEnphase’s trailing‑twelve‑month profitability and high gross/EBITDA margins reflect structural product economics from its microinverter and system offerings. Durable margins provide operating cushion to fund R&D and channel support through cyclical demand, supporting long‑run competitiveness.
Improving Cash Generation & FCFMaterial free cash flow and strong cash conversion increase financial flexibility. Improving FCF (+51% TTM) and sizeable cash balances enable funding product rollout, channel programs, and working‑capital swings, helping the company endure cyclical solar demand variations.
Secured Multiyear Demand & Product RoadmapLarge executed safe‑harbor and product agreements (~$843.6M) lock in multiyear microinverter volumes and create attach opportunities for batteries. Combined with a clear product roadmap (IQ9, next‑gen battery, bidirectional EV charger), this supports durable revenue streams and ecosystem stickiness.
Bears Say
Revenue Weakness & Sell‑Through DropA sustained revenue decline and a severe sequential sell‑through drop indicate weaker end‑market demand and reduced channel velocity. Prolonged lower sell‑through undermines operating leverage, pressures per‑unit economics, and raises uncertainty around return to prior growth levels.
Balance‑Sheet Leverage & Data InconsistencyModerate leverage (debt/equity ~1.1–1.6) constrains flexibility versus more conservatively financed peers. The noted reporting inconsistency (TTM debt shown as zero despite leverage metrics) raises uncertainty about true indebtedness and complicates reliable assessment of balance‑sheet resilience.
Structural Margin HeadwindsMargins face structural pressure from monetized tax credits, reciprocal tariffs and competitive price reductions. These factors can permanently compress unit profitability and limit margin recovery absent sustained volume gains or cost leadership, challenging long‑term margin sustainability.
Enphase Energy News
ENPH FAQ
What was Enphase Energy Inc’s price range in the past 12 months?
Enphase Energy Inc lowest stock price was $25.77 and its highest was $73.74 in the past 12 months.
What is Enphase Energy Inc’s market cap?
Enphase Energy Inc’s market cap is $7.19B.
When is Enphase Energy Inc’s upcoming earnings report date?
Enphase Energy Inc’s upcoming earnings report date is Jul 28, 2026 which is in 43 days.
How were Enphase Energy Inc’s earnings last quarter?
Enphase Energy Inc released its earnings results on Apr 28, 2026. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.426 by $0.044.
Is Enphase Energy Inc overvalued?
According to Wall Street analysts Enphase Energy Inc’s price is currently Undervalued.
Does Enphase Energy Inc pay dividends?
Enphase Energy Inc does not currently pay dividends.
What is Enphase Energy Inc’s EPS estimate?
Enphase Energy Inc’s EPS estimate is 0.47.
How many shares outstanding does Enphase Energy Inc have?
Enphase Energy Inc has 131,798,220 shares outstanding.
What happened to Enphase Energy Inc’s price movement after its last earnings report?
Enphase Energy Inc reported an EPS of $0.47 in its last earnings report, beating expectations of $0.426. Following the earnings report the stock price went down -9.067%.
Which hedge fund is a major shareholder of Enphase Energy Inc?
Currently, no hedge funds are holding shares in ENPH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Enphase Energy Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
$46.98 (44.66% Upside)
$46.98 (44.66% Upside)
Blogger Sentiment
Bullish
ENPH Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.13%
12-Months-Change
Fundamentals
Return on Equity
13.28%
Trailing 12-Months
Asset Growth
-12.30%
Trailing 12-Months
Company Description
Enphase Energy Inc
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
ENPH Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mixed picture. Enphase delivered solid non-GAAP profitability, strong free cash flow, record customer NPS, meaningful safe-harbor agreements and clear product road‑map progress (IQ9 family, 5th-gen battery, bidirectional EV charger, IQ SST). At the same time near-term demand softness—especially a 23% sequential U.S. revenue decline, a large sequential sell-through drop (48%), elevated channel inventory, GAAP earnings deterioration, tariff and PTC-related margin impacts, and TPO/tax-equity financing headwinds—create material short-term pressure. Management outlined corrective actions (pricing, under-shipping to rebalance channel, prepaid-lease pilot expansion, and tariff refund filings) and reiterated multi-year growth programs, but acknowledged limited visibility for Q3/Q4. Overall, positives (cash generation, product pipeline, safe-harbor bookings, Europe green shoots) are meaningful but currently counterbalanced by significant near-term operational and margin headwinds.View all ENPH earnings summariesENPH Revenue Breakdown
70.26% U.S.
29.74% International
ENPH Stock 12 Month Forecast
Average Price Target
$46.98
▲(44.66% Upside)
Technical Analysis
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Ownership Overview
3.08% Insiders
16.30% Mutual Funds
25.02% Other Institutional Investors
13.61% Public Companies and Individual Investors