Previous Close | 107.83 |
Open | 111.29 |
Bid | 112.02 x 200 |
Ask | 112.41 x 100 |
Day's Range | 109.56 - 115.47 |
52 Week Range | 73.49 - 192.22 |
Volume | |
Avg. Volume | 4,255,275 |
Market Cap | 15.274B |
Beta (5Y Monthly) | 1.46 |
PE Ratio (TTM) | 57.87 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
The worst is finally behind Enphase Energy stock, Barclays said in an upgrade of the shares Friday. Analyst Christine Cho upgraded her rating on Enphase which makes microinverter systems for solar panels, to Overweight from Equal Weight. Enphase stock has dropped 16% this year and 32% over the last 12 months.
Solid solar installations, along with the Inflation Reduction Act, should drive solar capacity growth in 2024, amid a weak outlook for residential installations. You may keep a watch on ENPH, NXT and CSIQ.
Enphase Energy, Tesla and Boeing are part of the Zacks Investment Ideas article.