53.30 +1.66 (3.21%)
Pre-Market: 6:19AM EDT
|Bid||51.70 x 1200|
|Ask||0.00 x 1300|
|Day's Range||50.51 - 54.06|
|52 Week Range||15.71 - 70.36|
|Beta (5Y Monthly)||0.90|
|PE Ratio (TTM)||138.82|
|Earnings Date||Jul. 28, 2020 - Aug. 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||51.96|
Enphase Energy (ENPH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Enphase Energy (NASDAQ: ENPH) shed new light on the possibilities of solar power in 2008, when it debuted the world's first microinverter system -- a unique approach to converting the energy collected by solar panels into grid-compliant AC power. More than 10 years later, Enphase, the self-proclaimed leading microinverter company in the world by market share, has emerged as a prominent player among investors focused on the renewable energy industry. Let's take a look at several charts that will help you to get better acquainted with one of the leading names in the solar power businesses.
Enphase Energy, Inc. (ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that Same Sun of Vermont has deployed Enphase microinverters on a 56.2 kWDC commercial solar system for WhistlePig Rye Whiskey, a Vermont-based craft whiskey maker. WhistlePig’s distillery is situated on a 500-acre former dairy farm in Shoreham, Vermont. For this commercial solar project, Same Sun of Vermont used 173 Enphase IQ 7X™ microinverters across the distiller’s warehouse building and bottling plant.
Enphase's (ENPH) microinverters are easy to install and produce more energy than traditional central inverter systems. This may have encouraged SmartX to sign the partnership with Enphase.
‘S-HERTOGENBOSCH, the Netherlands, June 01, 2020 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced its expansion into Poland through a collaboration with SmartX Sp. Currently, Poland has one of the top five solar markets in Europe, with an estimated installed capacity of more than 1 GW. “We are excited to work with Enphase to further the growth of solar throughout Poland,” said Piotr Redkiewicz, CEO at SmartX.
Enphase Energy, Inc. (ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that the Company is using its expertise in grid-forming inverters, based on Enphase Ensemble™ technology, to support the initiative at the University of Washington to develop control systems for unrestricted penetration of photovoltaic (PV) solar on the grid. Combined with approximately $1 million in grant funding from the Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE), Enphase will provide test platforms and invest approximately $420,000 over the project’s three-year timeline. Under the heading, A Scalable Control Architecture for 100% PV Penetration with Grid Forming Inverters, Enphase joins a team of industry partners and experts from the University of Washington to help solve one of the most important challenges to the proliferation of grid-attached distributed energy generation.
Shares of solar energy microinverter maker Enphase Energy (NASDAQ: ENPH) tumbled more than 10% in early trading Thursday before climbing back to about a 6.6% loss as of 1:45 p.m. EDT. The stock's slide followed a report Wednesday that investor research firm Institutional Shareholder Services EVA had downgraded Enphase rival SolarEdge Technologies (NASDAQ: SEDG) from buy to overweight. True, "solar stocks" sometimes trade in tandem, for example, when tariffs are raised or lowered on imported solar panels.
Shares are at an all-time high and trading at a historic premium. A stock-buyback program could be a terrible use of cash for the high-growth business.
Enphase Energy, Inc. (ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that Flywheel Development LLC has selected Enphase microinverters as the inverter technology of record for its portfolio of commercial solar projects. Based in Washington D.C., Flywheel Development is a leading sustainable development company active in real estate, sustainable design, solar development, and stormwater management infrastructure, with a focus on high-performance, net-zero buildings. Flywheel has standardized its portfolio of commercial and multi-unit dwelling solar projects on Enphase microinverters due to their high degree of design flexibility.
SunPower's (SPWR) first-quarter top line improves 10.4% year over year on higher sales of solar power systems, components and solar services.
First Solar (FSLR) reports an operating income of $1.65 million for the first quarter of 2020, primarily attributable to a significantly higher gross profit.
Solid results, a modest but not terrible forecast for the second quarter, and a likely squeeze on short-sellers has the stock surging higher.
FREMONT, Calif., May 05, 2020 -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, announced.
Alternative energy companies are leading the downward plunge today, with shares of hydrogen fuel cell star FuelCell Energy (NASDAQ: FCEL) down 5% at the 3:45 p.m. EDT minute mark (and down 13% earlier in the day). Shares of solar inverter-maker Enphase Energy (NASDAQ: ENPH) are off, as well -- down 7.8%. After all, oil prices are up, with barrels of WTI crude nearly 5% more dear today than they were yesterday.
The solar energy technology company has been strongly growing sales and expanding its product offerings, but does the outlook justify today's price?