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ENPH Stock Chart & Stats
$36.70
-$0.01(-0.03%)
At close: 4:00 PM EDT
$36.70
-$0.01(-0.03%)
Day’s Range― - ―
52-Week Range$25.78 - $73.74
Previous CloseN/A
Volume1.51M
Average Volume (3M)5.56M
Market Cap
$4.63B
Enterprise Value$6.30K
Total Cash (Recent Filing)$967.06M
Total Debt (Recent Filing)$613.37M
Price to Earnings (P/E)35.6
Beta0.75
Next Earnings
Oct 27, 2026EPS Estimate
0.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.02
Shares Outstanding132,144,650
10 Day Avg. Volume3,562,142
30 Day Avg. Volume5,558,846
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$47.58Price Target Upside29.65% Upside
Rating ConsensusHold
Number of Analyst Covering21
EPS Forecast (FY)2.04
Revenue Forecast (FY)$1.19B
Bulls Say, Bears Say
Bulls Say
De-levered, Cash-rich Balance SheetZero reported debt and a sizable equity base materially reduce financial risk and increase strategic optionality. This balance sheet strength supports continued domestic manufacturing, funds operational needs during cyclical demand dips, and lowers refinancing pressure over the next several quarters.
Consistent Positive Free Cash Flow GenerationSustained operating cash flow and positive free cash flow provide internal funding for R&D, product launches, and working-capital adjustments. Even if below peak levels, this cash generation reduces reliance on external financing and underpins investments in manufacturing and software over the coming 2–6 months.
Secured Multiyear Orders And Clear Product RoadmapLarge executed safe-harbor/physical-work agreements lock in multi-year microinverter volumes and create future attach opportunities for batteries and software. Combined with a defined product cadence (IQ9 family, new batteries, EV charger), this supports durable revenue streams beyond short-term sell-through volatility.
Bears Say
Demand Softness And Revenue ContractionSharp sequential sell-through and U.S. revenue declines reflect weakening end-market demand and financing frictions (TPO/tax-equity). Persistently lower sell-through can depress long-term growth trajectories, reduce installer ordering confidence, and lengthen the recovery horizon for top-line volumes.
Elevated Channel Inventory And Planned Under-shippingDistributor inventory overhang forces deliberate under-shipping to rebalance channels, which reduces near-term revenue and delays freighted product adoption. Such corrections can persist several quarters, compressing volumes and delaying the cadence of attach sales for batteries and services.
Structural Margin Headwinds (PTC Monetization, Tariffs, Price Cuts)One-time PTC monetization discounts, reciprocal tariffs, and competitive-driven price cuts materially compress gross margins. These forces are structural risks to margin sustainability, limiting reinvestment capacity and making profitability sensitive to pricing and policy shifts over the medium term.
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 $4.63B.
When is Enphase Energy Inc’s upcoming earnings report date?
Enphase Energy Inc’s upcoming earnings report date is Oct 27, 2026 which is in 87 days.
How were Enphase Energy Inc’s earnings last quarter?
Enphase Energy Inc released its earnings results on Jul 28, 2026. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.471 by -$0.011.
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 0.53.
How many shares outstanding does Enphase Energy Inc have?
Enphase Energy Inc has 132,144,650 shares outstanding.
What happened to Enphase Energy Inc’s price movement after its last earnings report?
Enphase Energy Inc reported an EPS of $0.46 in its last earnings report, missing expectations of $0.471. Following the earnings report the stock price went down -3.442%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$47.58 (29.65% Upside)
$47.58 (29.65% Upside)
Blogger Sentiment
Bullish
ENPH Sentiment 71%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $240.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Neutral
Bullish news 54%
Bearish news 46%
Bearish news 46%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.34%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-8.16%
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
Q2 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
$47.58
▲(29.65% Upside)
Technical Analysis
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Ownership Overview
3.09% Insiders
16.75% Mutual Funds
6.46% Other Institutional Investors
34.15% Public Companies and Individual Investors