Enphase Energy (ENPH) Stock Overview
Designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
ENPH Community Fair Values
See what 275 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
Enphase Energy, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$54.59 |
| 52 Week High | US$73.74 |
| 52 Week Low | US$25.78 |
| Beta | 1.57 |
| 1 Month Change | 29.98% |
| 3 Month Change | 23.87% |
| 1 Year Change | 19.71% |
| 3 Year Change | -69.97% |
| 5 Year Change | -67.08% |
| Change since IPO | 643.73% |
Recent News & Updates
Enphase Energy: AI Hype Meets Weak Solar Fundamentals
Summary Enphase Energy earns a Hold rating amid weak near-term fundamentals and high valuation, despite excitement over a future AI transformer pivot. ENPH faces persistent headwinds: declining solar demand, tariff impacts, and reduced homeowner incentives, driving a projected 30% earnings decline this year. The AI data center transformer initiative is promising, but commercial impact is years away, with shipments not expected until 2028–2029. ENPH's strong balance sheet and low leverage offer resilience, but upside depends on solar market stabilization or new federal incentives. Read the full article on Seeking AlphaENPH: Solid State Transformer And GaN Expansion Will Shape Balanced Outlook
Enphase Energy's analyst price target has shifted higher to align with a fair value estimate of about $72, up from roughly $61, as analysts factor in updated views on solid state transformer potential, slightly stronger modeled revenue growth, and a higher future P/E multiple despite tempered profit margin assumptions. Analyst Commentary Recent Street research on Enphase Energy shows a mix of enthusiasm around new technology opportunities and caution around valuation, particularly after a sharp share price move without new company specific announcements.Recent updates
Shareholder Returns
| ENPH | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | -2.6% | -3.4% | -2.4% |
| 1Y | 19.7% | 91.2% | 21.5% |
Return vs Industry: ENPH underperformed the US Semiconductor industry which returned 91.2% over the past year.
Return vs Market: ENPH underperformed the US Market which returned 21.5% over the past year.
Price Volatility
| ENPH volatility | |
|---|---|
| ENPH Average Weekly Movement | 14.1% |
| Semiconductor Industry Average Movement | 12.1% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ENPH's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ENPH's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 2,872 | Badri Kothandaraman | www.enphase.com |
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, 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. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ PowerPack 1500 and related accessories; IQ Combiner, IQ Gateway, and IQ Energy Router; cloud-based monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, installation and solar appointment generation services, and Enphase Care services.
Enphase Energy, Inc. Fundamentals Summary
| ENPH fundamental statistics | |
|---|---|
| Market cap | US$7.19b |
| Earnings (TTM) | US$135.00m |
| Revenue (TTM) | US$1.40b |
Is ENPH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ENPH income statement (TTM) | |
|---|---|
| Revenue | US$1.40b |
| Cost of Revenue | US$1.02b |
| Gross Profit | US$380.46m |
| Other Expenses | US$245.46m |
| Earnings | US$135.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.02 |
| Gross Margin | 27.18% |
| Net Profit Margin | 9.64% |
| Debt/Equity Ratio | 51.9% |
How did ENPH perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 00:27 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Enphase Energy, Inc. is covered by 51 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christine Cho | Barclays |
| Ameet Thakkar | BMO Capital Markets Equity Research |
| Moses Sutton | BNP Paribas |