Enphase Energy（1ENPH）株式概要エンフェーズ・エナジー社（Enphase Energy, Inc.）は、その子会社とともに、太陽光発電業界向けの家庭用エネルギーソリューションを米国および海外で設計、開発、製造、販売しています。 詳細1ENPH ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長4/6過去の実績1/6財務の健全性6/6配当金0/6報酬収益は年間20.92%増加すると予測されています リスク分析Italian市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去3か月間に大規模なインサイダー売却が発生 すべてのリスクチェックを見る1ENPH Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€56.1152.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-72m3b2016201920222025202620282031Revenue US$1.6bEarnings US$159.1mAdvancedSet Fair ValueView all narrativesEnphase Energy, Inc. 競合他社Hangzhou First Applied MaterialSymbol: SHSE:603806Market cap: CN¥48.2bASMPTSymbol: SEHK:522Market cap: HK$77.1bZhejiang Jingsheng Mechanical & ElectricalSymbol: SZSE:300316Market cap: CN¥73.7bGlobalWafersSymbol: TPEX:6488Market cap: NT$376.8b価格と性能株価の高値、安値、推移の概要Enphase Energy過去の株価現在の株価US$56.1152週高値US$55.6352週安値US$22.55ベータ1.251ヶ月の変化84.97%3ヶ月変化32.79%1年変化57.21%3年間の変化n/a5年間の変化n/aIPOからの変化38.46%最新ニュースお知らせ • May 19Enphase Energy, Inc. Expands PowerMatch Technology To North AmericaEnphase Energy, Inc. announced the launch of PowerMatch technology for IQ Battery 10C systems in the United States, including Puerto Rico, and for IQ Battery 5P systems across North America and select countries in Central America and the Caribbean. PowerMatch intelligently adjusts IQ Battery operation to match a home’s real-time power needs, helping deliver more usable energy, improved efficiency, and long-term savings. All battery inverters deliver only the power required by the home at any given moment. The difference is how efficiently they deliver that power, especially at lower loads. In many hybrid string inverter systems, a single large inverter remains active even when the home is using only a small amount of power, which can reduce efficiency and waste energy. IQ Batteries use multiple embedded microinverters, allowing PowerMatch to activate only the number of microinverters needed to serve the home’s real-time load. This helps reduce idle conversion losses and lets homeowners capture more of the energy they store, particularly during the low-use hours that make up much of a typical day. Based on Enphase testing with the IQ Battery 10C, PowerMatch can reduce energy losses by up to 1 kWh per day for a typical California homeowner compared to certain hybrid string inverter-based battery systems. That translates to up to $2,000 in additional savings over the battery’s life, depending on system configuration, usage patterns, and regional tariffs. PowerMatch launched in Europe last year for IQ Battery 5P systems, including batteries with FlexPhase technology. It is now available for IQ Battery 5P systems in the United States, Puerto Rico, Canada, Mexico, Bermuda, the Cayman Islands, the Bahamas, and Panama, and for IQ Battery 10C systems in the United States and Puerto Rico.お知らせ • May 15Enphase Energy, Inc. Opens U.S. Pre-Orders for GaN-Based 548 VA IQ9S Commercial MicroinvertersEnphase Energy, Inc. opened U.S. pre-orders for the new IQ9S-3P Commercial Microinverter, its most powerful microinverter to date. Built with advanced gallium nitride (GaN) technology, the IQ9S-3P Commercial Microinverter supports high-wattage solar panels up to 770 W and connects directly to three-phase 480Y/277 V (wye) grid configurations without requiring external transformers. Together with the recently launched IQ9N-3P Commercial Microinverter, IQ9S-3P Commercial Microinverters give Enphase a broader commercial portfolio for the U.S. 480 V three-phase market. Pre-orders also allow customers to safe harbor equipment ahead of upcoming federal tax credit deadlines while finalizing project designs. IQ9S-3P Commercial Microinverters support 18 A of continuous DC current, deliver up to 548 VA of continuous output power, and are designed for high-wattage solar panels up to 770 W. This helps optimize the DC/AC ratio and increase energy production from each module, making IQ9S-3P Commercial Microinverters ideal for commercial projects using 600 W to 770 W panels. Advanced GaN technology enables high performance, cooler operation, and an industry-leading CEC weighted efficiency of 97.5%. IQ9S-3P Commercial Microinverters meet rigorous grid compliance standards, including UL 1741-SB and IEEE 1547-2018. They include rapid shutdown, phase balancing, voltage and frequency ride-through, and loss-of-phase detection to support grid safety and system reliability. Enphase microinverter systems convert DC to AC at each panel, eliminating long high-voltage DC runs used in traditional string inverter designs and delivering a safer, all-AC architecture on the roof. Enphase microinverters help increase energy production in shaded or uneven roof conditions and provide per-panel monitoring through the Enphase App. IQ9S-3P Commercial Microinverters that are manufactured in U.S. facilities with domestic content are designed to be “FEOC compliant” and may help eligible projects qualify for domestic content bonus tax credits. The products also comply with Buy America Act standards for federal direct procurement contracts. Enphase IQ9 Commercial Microinverters connect to the IQ Gateway Commercial Pro, the communication and control hub for Enphase commercial systems. The gateway provides real-time monitoring, energy management, remote firmware updates, export limiting, and other advanced grid features. It also offers flexible connectivity and easy setup through the Enphase Installer App. IQ9S-3P Commercial Microinverters are backed by a 25-year limited warranty, while the IQ Gateway Commercial Pro comes with a 15-year limited warranty. The product is available for pre-order now in the United States through Enphase distribution partners, with production shipments expected to begin in June 2026. Certain Enphase products may qualify as FEOC-compliant under IRS Notice 2025-08. Customers should consult their legal and tax advisors to confirm eligibility.Buy Or Sell Opportunity • May 13Now 20% overvaluedOver the last 90 days, the stock has fallen 5.4% to €35.31. The fair value is estimated to be €29.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Earnings per share has declined by 54%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €32.54, the stock trades at a forward P/E ratio of 78x. Average forward P/E is 39x in the Semiconductor industry in Europe. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €31.11 per share.お知らせ • Apr 30+ 1 more updateEnphase Energy, Inc. Provides Earnings Guidance for the Second Quarter of 2026Enphase Energy, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company estimates revenue to be within a range of $280.0 million to $310.0 million, which includes shipments of 100 to 110 MWh of IQ Batteries. This outlook includes approximately $85.0 million of safe harbor shipments.Reported Earnings • Apr 29First quarter 2026 earnings released: US$0.056 loss per share (vs US$0.23 profit in 1Q 2025)First quarter 2026 results: US$0.056 loss per share (down from US$0.23 profit in 1Q 2025). Revenue: US$282.9m (down 21% from 1Q 2025). Net loss: US$7.41m (down 125% from profit in 1Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe.最新情報をもっと見るRecent updatesお知らせ • May 19Enphase Energy, Inc. Expands PowerMatch Technology To North AmericaEnphase Energy, Inc. announced the launch of PowerMatch technology for IQ Battery 10C systems in the United States, including Puerto Rico, and for IQ Battery 5P systems across North America and select countries in Central America and the Caribbean. PowerMatch intelligently adjusts IQ Battery operation to match a home’s real-time power needs, helping deliver more usable energy, improved efficiency, and long-term savings. All battery inverters deliver only the power required by the home at any given moment. The difference is how efficiently they deliver that power, especially at lower loads. In many hybrid string inverter systems, a single large inverter remains active even when the home is using only a small amount of power, which can reduce efficiency and waste energy. IQ Batteries use multiple embedded microinverters, allowing PowerMatch to activate only the number of microinverters needed to serve the home’s real-time load. This helps reduce idle conversion losses and lets homeowners capture more of the energy they store, particularly during the low-use hours that make up much of a typical day. Based on Enphase testing with the IQ Battery 10C, PowerMatch can reduce energy losses by up to 1 kWh per day for a typical California homeowner compared to certain hybrid string inverter-based battery systems. That translates to up to $2,000 in additional savings over the battery’s life, depending on system configuration, usage patterns, and regional tariffs. PowerMatch launched in Europe last year for IQ Battery 5P systems, including batteries with FlexPhase technology. It is now available for IQ Battery 5P systems in the United States, Puerto Rico, Canada, Mexico, Bermuda, the Cayman Islands, the Bahamas, and Panama, and for IQ Battery 10C systems in the United States and Puerto Rico.お知らせ • May 15Enphase Energy, Inc. Opens U.S. Pre-Orders for GaN-Based 548 VA IQ9S Commercial MicroinvertersEnphase Energy, Inc. opened U.S. pre-orders for the new IQ9S-3P Commercial Microinverter, its most powerful microinverter to date. Built with advanced gallium nitride (GaN) technology, the IQ9S-3P Commercial Microinverter supports high-wattage solar panels up to 770 W and connects directly to three-phase 480Y/277 V (wye) grid configurations without requiring external transformers. Together with the recently launched IQ9N-3P Commercial Microinverter, IQ9S-3P Commercial Microinverters give Enphase a broader commercial portfolio for the U.S. 480 V three-phase market. Pre-orders also allow customers to safe harbor equipment ahead of upcoming federal tax credit deadlines while finalizing project designs. IQ9S-3P Commercial Microinverters support 18 A of continuous DC current, deliver up to 548 VA of continuous output power, and are designed for high-wattage solar panels up to 770 W. This helps optimize the DC/AC ratio and increase energy production from each module, making IQ9S-3P Commercial Microinverters ideal for commercial projects using 600 W to 770 W panels. Advanced GaN technology enables high performance, cooler operation, and an industry-leading CEC weighted efficiency of 97.5%. IQ9S-3P Commercial Microinverters meet rigorous grid compliance standards, including UL 1741-SB and IEEE 1547-2018. They include rapid shutdown, phase balancing, voltage and frequency ride-through, and loss-of-phase detection to support grid safety and system reliability. Enphase microinverter systems convert DC to AC at each panel, eliminating long high-voltage DC runs used in traditional string inverter designs and delivering a safer, all-AC architecture on the roof. Enphase microinverters help increase energy production in shaded or uneven roof conditions and provide per-panel monitoring through the Enphase App. IQ9S-3P Commercial Microinverters that are manufactured in U.S. facilities with domestic content are designed to be “FEOC compliant” and may help eligible projects qualify for domestic content bonus tax credits. The products also comply with Buy America Act standards for federal direct procurement contracts. Enphase IQ9 Commercial Microinverters connect to the IQ Gateway Commercial Pro, the communication and control hub for Enphase commercial systems. The gateway provides real-time monitoring, energy management, remote firmware updates, export limiting, and other advanced grid features. It also offers flexible connectivity and easy setup through the Enphase Installer App. IQ9S-3P Commercial Microinverters are backed by a 25-year limited warranty, while the IQ Gateway Commercial Pro comes with a 15-year limited warranty. The product is available for pre-order now in the United States through Enphase distribution partners, with production shipments expected to begin in June 2026. Certain Enphase products may qualify as FEOC-compliant under IRS Notice 2025-08. Customers should consult their legal and tax advisors to confirm eligibility.Buy Or Sell Opportunity • May 13Now 20% overvaluedOver the last 90 days, the stock has fallen 5.4% to €35.31. The fair value is estimated to be €29.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Earnings per share has declined by 54%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €32.54, the stock trades at a forward P/E ratio of 78x. Average forward P/E is 39x in the Semiconductor industry in Europe. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €31.11 per share.お知らせ • Apr 30+ 1 more updateEnphase Energy, Inc. Provides Earnings Guidance for the Second Quarter of 2026Enphase Energy, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company estimates revenue to be within a range of $280.0 million to $310.0 million, which includes shipments of 100 to 110 MWh of IQ Batteries. This outlook includes approximately $85.0 million of safe harbor shipments.Reported Earnings • Apr 29First quarter 2026 earnings released: US$0.056 loss per share (vs US$0.23 profit in 1Q 2025)First quarter 2026 results: US$0.056 loss per share (down from US$0.23 profit in 1Q 2025). Revenue: US$282.9m (down 21% from 1Q 2025). Net loss: US$7.41m (down 125% from profit in 1Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €27.06, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 24x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €28.39 per share.お知らせ • Apr 02Enphase Energy, Inc., Annual General Meeting, May 13, 2026Enphase Energy, Inc., Annual General Meeting, May 13, 2026. Location: enphase energy, inc., 47281 bayside parkway, ca 94538, fremont United Statesお知らせ • Mar 28Enphase Energy Introduces IQ Energy Management Solution In Australia And New ZealandEnphase Energy, Inc. introduced IQ Energy Management for Australia and New Zealand. The solution integrates with Enphase solar and IQ Battery systems to enable intelligent management of variable electricity rates and select third-party electric water heaters and electric vehicle (EV) chargers. Homeowners may help reduce their energy costs and increase self-consumption through AI-driven control of key home appliances, all managed through the Enphase App. IQ Energy Management is enabled by the IQ Energy Router suite of products, which integrate with leading electric water heaters and third-party EV chargers. Installers can pair IQ Energy Management with Enphase solar and battery systems to support more comprehensive whole-home energy management and provide homeowners with a more flexible and valuable energy experience.Recent Insider Transactions • Mar 20Independent Director recently sold €5.2m worth of stockOn the 13th of March, Thurman Rodgers sold around 137k shares on-market at roughly €38.12 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.1m more than they bought in the last 12 months.Buy Or Sell Opportunity • Feb 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 68% to €38.68. The fair value is estimated to be €31.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 49%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.お知らせ • Feb 20Pomerantz Law Firm Announces the Filing of A Class Action Against Enphase Energy, Inc. and Certain Officers - EnphasePomerantz LLP announced that a class action lawsuit has been filed against Enphase Energy, Inc. and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-01380, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Enphase securities between April 22, 2025 and October 28, 2025 both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Enphase overstated its ability to manage its channel inventory; (ii) Enphase overstated its ability to mitigate effects arising from the termination of the 25D Credit; (iii) accordingly, Enphase overstated its financial and operational prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times. On October 28, 2025, Enphase reported its financial results for the third quarter of 2025 and held a related earnings call. Among other items, Enphase's management reported that it expected 2025 to close on a weak note, with elevated channel inventory resulting in lower battery storage shipments in the fourth quarter, and that the expiration of the 25D Credit would negatively impact revenues for the first quarter of 2026. On this news, Enphase's stock price fell $5.56 per share, or 15.15%, to close at $31.14 per share on October 29, 2025.お知らせ • Feb 18Enphase Energy, Inc. Introduces Power Control Software to Improve Commercial Solar EconomicsEnphase Energy, Inc. announced that it has introduced Power Control software for IQ9™? and IQ8™? Microinverter-based small commercial solar systems. The solution is designed to help installers cut costs, simplify interconnection, and unlock projects that would otherwise stall due to unfavorable project economics. Enphase Power Control™? software simplifies interconnections, reduces permitting complexity, and avoids costly utility upgrades, making it easier and more cost-effective to design and install small commercial microinverter systems, especially in California. The new software requires the IQ®? Gateway Commercial 2 or IQ®? Gateway Commercial Pro with either consumption current transformers (CTs) or a DTS-310 remote meter, depending on the monitoring setup. installers can set the aggregate export limits directly within the Enphase®? Installer App. Enphase is currently one of the few suppliers with commercial inverter configurations listed by the California Energy Commission (CEC) for power control systems (PCS) support, enabling non-export and limited-export configurations that utilities recognize without requiring additional third-party power control hardware in many projects. This distinction allows installers to meet site and utility constraints using software-defined controls rather than custom electrical equipment. For installers, this can mean fewer redesigns, fewer stalled projects, and more commercial jobs that get built. Enphase Power Control software for commercial projects is designed to help installers: Control aggregate system export through software-based limits, helping installers avoid transformer upgrades, service resizing, or other costly infrastructure changes that can delay or derail commercial projects. Streamline commercial solar upgrades and repowering projects by matching planned AC nameplates, helping installers avoid costly re-permitting and Title 24 resubmissions when switching to microinverters. Simplify California Rule 21 non-export interconnections using certified UL 3141 PCS configurations under Options 8 and 10, helping to reduce interconnection review cycles and avoid separate third-party export-control hardware in many projects.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €40.86, the stock trades at a forward P/E ratio of 75x. Average forward P/E is 25x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €29.86 per share.Reported Earnings • Feb 04Full year 2025 earnings released: EPS: US$1.31 (vs US$0.76 in FY 2024)Full year 2025 results: EPS: US$1.31 (up from US$0.76 in FY 2024). Revenue: US$1.47b (up 11% from FY 2024). Net income: US$172.1m (up 68% from FY 2024). Profit margin: 12% (up from 7.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe.お知らせ • Feb 04+ 1 more updateEnphase Energy, Inc. Demonstrates Global Iq Bidirectional Ev Charging Platform, Targeting Volume Production in Fourth 2026Enphase Energy, Inc. provided an update on the continued development of its IQ®? Bidirectional EV Charging Platform, highlighting successful demonstrations, expanding global engagement, and ongoing validation across vehicles, homes, and grid environments in the United States and Europe. The DC-based IQ Bidirectional EV Charger is designed to connect to the direct current (DC) port of an electric vehicle, enabling EV charging, home backup during outages, and future grid services, all managed through the Enphase®? App. Enphase recently released a demonstration video illustrating compatibility across U.S. vehicles, residential electrical services, and grid environments, along with additional demonstrations tailored for key European markets including the United Kingdom, the Netherlands, France, and Germany. Throughout 2025, Enphase successfully demonstrated the platform at multiple CharIN interoperability events across the United States and Europe, validating its expected ability to operate across diverse vehicle platforms and electrical architectures. The company plans to continue participating in industry and interoperability events throughout 2026 as part of its disciplined approach to ecosystem readiness and technical validation. Engineered as a globally scalable platform for residential and light-commercial energy systems, the DC-based IQ bidirectional EV Charger is being designed to operate across single-phase and three-phase electrical architectures in North America and Europe. The system is being developed with advanced grid-support, protection, and control capabilities aligned with leading bidirectional interconnection frameworks, including UL 1741 and IEEE 1547 in the United States, EN 50549 in Europe, VDE-AR-N 4105 in Germany, and ENA G99 in the UK. It is also being engineered on open communication standards such as ISO 15118-20 to support broad vehicle interoperability and standards-based vehicle-to-home and vehicle-to-grid functionality with compatible vehicles. Region-specific compliance and certification details are provided on local product pages. First announced in September 2025, the DC-based IQ Biddirectional EV Charger reflects Enphase's focus on building durable energy infrastructure with scalable architecture and intelligent control. The company is currently conducting demonstrations and validation activities and is targeting volume production beginning in Fourth Quarter 2026, with limited pilot deployments expected ahead of broader commercialization. Projected vehicle compatibility and bidirectional functionality will depend on automaker enablement, vehicle software, applicable standards, and final product specifications. Demonstrations and testing conducted by Enphase represent preliminary evaluations and do not reflect final production performance. These demonstrations were conducted without automaker authorization and do not imply endorsement, certification, or approval by any vehicle manufacturer.Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.4% to €34.25. The fair value is estimated to be €28.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 43%. For the next 3 years, revenue is forecast to decline by 1.9% per annum. Earnings are forecast to grow by 4.2% per annum over the same time period.お知らせ • Jan 13Enphase Energy Begins Shipments of IQ9 Commercial Microinverters in the United StatesEnphase Energy, Inc. announced that it began production shipments of its IQ9N-3P™? Commercial Microinverter across the United States in late December 2025. The product is manufactured in the United States to support domestic content requirements and Foreign Entity of Concern (FEOC) compliance for eligible commercial solar projects. This is Enphase's first microinverter powered by gallium nitride (GaN) technology and designed for three-phase 480Y/277 V (wye) grid configurations, without using external transformers. The IQ9N-3P Commercial Microinverter helps simplify system design, lowers installation and balance of system costs, and improves system efficiency for 480 V commercial projects. It uses GaN technology in the power conversion stage instead of silicon, enabling greater performance, enhanced reliability, and an efficiency of up to 97.5%. Its compact, high-performance design can manage a continuous DC current of 16 acres and deliver up to 427 VA of peak output power, supporting high-power solar panels up to 600 W. The new microinverter meets rigorous grid compliance standards, including UL 1741-SB and IEEE 1547-2018, and features rapid shutdown, phase balancing, voltage/frequency ride-through, and loss-of-phase detection for grid safety and system reliability. Enphase commercial systems are designed to support UL 3141, a system-level standard for safe, coordinated control of power flow. It is enabled through Enphase Power Control software and does not require external protection hardware. This helps simplify commercial interconnection and supports no-export or export-limited operation across all phases. Enphase IQ9N-3P commercial Microinverters can be deployed on small systems (less than 100 kW) or large systems (h hundreds of kW) and can start small and scale over time without major redesign. Enphase microinverter technology enables optimized energy production at the panel level under shading and uneven roof conditions, making the product ideal for commercial rooftops with HVAC obstructions, skylights, and multi-tenant layouts. Enphase microinverters can also help reduce long-term operational costs for asset owners by minimizing single points of failure in the installation, providing easy replacement support, and improving fleet visibility with per-panel monitoring via the Enphase®? App. Additionally, by converting direct current (DC) to alternating current (AC) at each panel, Enphase microinverter systems avoid the long high-voltage DC runs found in traditional centralized ("string") designs, offering an all-AC architecture on the roof for added safety. To function properly, the IQ9N-3Pcommercial Microinverters must be connected to the IQ Gateway Commercial Pro Cellular Kit, which serves as the communication and control hub for Enphase commercial systems. The IQ Gateway Commercial Pro Cellular Kit adds a 4G LTE Cat 4 modem that enables dual-SIM connectivity with automatic failover to help keep the system online for real-time monitoring, energy management, remote firmware updates, and advanced grid features such as export limiting. Setup is simple through the Enphase®? Installer App. The IQ9N- 3P Commercial Microinverter brings Enphase's panel-level architecture to the 480 V commercial market with a simpler, more efficient system efficiency for 480 V commercial project.Buy Or Sell Opportunity • Dec 08Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €26.76. The fair value is estimated to be €33.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 43%. For the next 3 years, revenue is forecast to decline by 4.3% per annum. Earnings are also forecast to decline by 0.2% per annum over the same time period.Recent Insider Transactions • Dec 07Independent Director recently sold €3.8m worth of stockOn the 2nd of December, Thurman Rodgers sold around 150k shares on-market at roughly €25.11 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.8m more than they bought in the last 12 months.New Risk • Dec 05New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €0 This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€0 sold).お知らせ • Dec 04Enphase Energy, Inc. Introduces PowerMatch Technology in Europe to Deliver More Usable Battery Energy and SavingsEnphase Energy, Inc. announced the launch of PowerMatch™? technology in Europe. PowerMatch intelligently adjusts IQ®? Battery output to match a home's real-time power needs, delivering more usable energy, longer battery life, and greater long-term savings. Unlike hybrid systems that push all power through a single large inverter, the IQ®? Battery 5P uses six embedded microinverters that can scale output dynamically. By activating only the microinverters needed, PowerMatch helps reduce low-load efficiency losses and allows homeowners to use more of the energy they store. Enphase testing and modeling indicate that IQ Battery 5P systems enabled with PowerMatch may last up to 40% longer than select competitor batteries and may deliver up to an estimated $1,700 in additional savings over 15 years, depending on system configuration, usage patterns, and regional tariffs.お知らせ • Nov 18Enphase Energy Expands IQ Meter Collar Approvals in the United States, Including PG&E in CaliforniaEnphase Energy, Inc. announced an expanded number of utilities have approved the Enphase IQ Meter Collar for behind-the-meter installation. Pacific Gas and Electric Company (PG&E) and San Diego Gas & Electric have approved the device for use in their service territories, along with 46 additional utilities across the United States. Many additional utility approvals are expected in the near future. The IQ Meter Collar is a compact microgrid interconnection device that mounts behind the utility meter or on a standalone meter socket. It enables whole-home backup without moving circuits to a dedicated backup sub-panel, eliminates the need for additional consumption current transformers, and supports safe grid isolation. The streamlined design helps reduce wall space, wiring complexity, and installation time. It has saved my crew countless hours on the job site and delivers an incredibly efficient homeowner experience. The IQ Meter Collar are part of the 4th-generation Enphase Energy System, designed to make home backup faster and easier with three core components: the IQ Battery 10C, the IQ Meter Collar, and the IQ [11] Combiner 6C. Together, this system offers a smaller footprint, a simplified bill of materials, integrated metering, and a streamlined commissioning process that can help unlock more single-day deployments. The IQ Battery 10C provides 10 kWh of usable energy with 7.08 kW of continuous power, uses LFP chemistry, and includes neutral forming microinverters to enable backup functionality. The IQ Combiner 6C consolidates interconnection equipment in one enclosure with integrated breaker spaces and pre-installed metering. The 4th-generation system is backed by a 15-year limited warranty.Buy Or Sell Opportunity • Nov 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.3% to €25.48. The fair value is estimated to be €32.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 43%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are also forecast to decline by 1.6% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €26.09, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €33.85 per share.New Risk • Nov 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future.Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: US$0.51 (vs US$0.34 in 3Q 2024)Third quarter 2025 results: EPS: US$0.51 (up from US$0.34 in 3Q 2024). Revenue: US$410.4m (up 7.8% from 3Q 2024). Net income: US$66.6m (up 46% from 3Q 2024). Profit margin: 16% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Semiconductor industry in Europe are expected to grow by 9.1%.お知らせ • Oct 29Enphase Energy, Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Enphase Energy, Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects revenue guidance is in the range of $310 million to $350 million, which includes shipments of 140 to 160 megawatt hours of IQ Batteries.お知らせ • Oct 10Enphase Energy, Inc. Adds Smart Water Heater Control in Belgium, the Netherlands, and SwitzerlandEnphase Energy, Inc. announced the expansion of its IQ®? Energy Management capabilities to include select electric water heaters in Belgium, the Netherlands, and Switzerland. The update, powered by the Enphase IQ®? Energy Router, gives homeowners more control over when and how they use energy - across solar, batteries, electric vehicle (EV) chargers, heat pumps, and now electric water heaters - within a single, integrated system. IQ Energy Management helps households make, use, save, and sell energy more intelligently by coordinating multiple devices from one platform. From scheduling EV charging when rates are low, to running heat pumps during periods of excess solar generation, and now pre-heating water when renewable energy is abundant, the system enables smarter use of clean energy that can help lower costs and enhance grid flexibility. Enphase's AI-driven optimization helps automate these decisions based on weather, tariffs, and household patterns - all managed seamlessly through the Enphase®? App. The new capability adds integrated control of electric water heaters through the IQ Energy Router, allowing homeowners to preheat water when solar generation is abundant or when electricity prices are low. By shifting water heating schedules, households can increase self-consumption of solar power and participate in demand response or virtual power plant programs in select regions.お知らせ • Oct 07Enphase Energy, Inc. Launches IQ Battery 5P with FlexPhase in India, Enabling Single-Phase and Three-Phase Backup for Homes and Small BusinessesEnphase Energy, Inc. announced the launch of the IQ®? Battery 5P™? with FlexPhase for customers in India. The system provides reliable backup power and supports both single-phase and three-phase applications, serving India's growing residential and small commercial solar markets. Three-phase service is widely available in India, making it well suited for higher-load homes and small businesses. Each 5 kWh battery delivers continuous power of up to 1.28 kW per phase in three-phase configuration and 3.84 kW in single-phase configuration. The battery is designed to discharge up to two times the maximum continuous power for three seconds, enabling the operation of high-power devices during a grid outage when paired with the IQ®? System Controller 3 INT. It utilizes lithium-iron phosphate (LFP) chemistry, which is known for its thermal stability and safety profile. The battery is modular and expandable, so customers can start with a single battery and scale up to 40 kWh of capacity as their energy needs grow. The launch in India builds on Enphase's rapid global rollout of FlexPhase technology, which is now available in 18 European countries, Australia, and New Zealand. This expansion demonstrates Enphase's commitment to bringing flexible, high-quality energy storage to markets with diverse grid standards. The IQ Battery 5P with FlexPhase comes with a 15-year limited warranty in India. It can be paired with the IQ System Controller 3 INT, which together enable microgrid operation, remote monitoring, and efficient integration with IQ8™? Microinverters. With Sunlight Jump Start™?, IQ8 Microinverters can restart the batteries using only light after a prolonged grid outage that drains the battery. Enphase's backup solution also supports load control and works with third-party inverters and generators for best-in-class resilience. The IQ Battery 5P with FlexPhase is now shipping to customers in India.Buy Or Sell Opportunity • Oct 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to €31.87. The fair value is estimated to be €40.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period.Buy Or Sell Opportunity • Sep 18Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at €32.07. The fair value is estimated to be €40.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 9.0% per annum over the same time period.Buy Or Sell Opportunity • Sep 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €31.70. The fair value is estimated to be €39.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.お知らせ • Aug 28Enphase Energy, Inc. Announces Availability of Software to Expand IQ7 Solar Systems with IQ8 Microinverters in More Global MarketsEnphase Energy, Inc. announced the availability of new software that enables homeowners with existing legacy IQ7™? Microinverter-based systems to expand their solar capacity using IQ8™? Microinverters. This software is now available in Australia, India, South Africa, and the Philippines, following its successful launch earlier this year across North America, Europe, and other key markets. With over one million homes worldwide using IQ7™? Micro inverters, many homeowners are now looking to expand their systems to reduce energy costs and boost energy independence. Enphase's new software enables solar installers to upgrade these systems with IQ8™? Microin Verters, built for high-powered solar panels, while using the existing IQ™? Gateway. The latest software update also enables Australian homeowners with existing IQ7 systems to integrate IQ8 Microinverters and add compatible energy storage to further enhance system resilience. With this upgrade and appropriate configuration, systems can seamlessly generate, store, and supply power during grid interruptions - supporting increased self-consumption, backup capability, and long-term energy independence. Enphase expects to continue expanding this capability into more markets in the coming year.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €31.99, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 22x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €42.89 per share.Buy Or Sell Opportunity • Aug 16Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €27.26. The fair value is estimated to be €36.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.お知らせ • Aug 12Enphase Energy Continues Global Rollout of IQ Battery 5P with FlexPhase in AustraliaEnphase Energy, Inc. announced the launch of the IQ®? Battery 5P™? with FlexPhase for customers in Australia. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications with variable power levels, offering flexibility to meet diverse home energy needs. The IQ Battery 5P With FlexPhase offers a scalable energy storage solution starting at 5 kWh and expandable up to 70 kWh. Each 5 kWh unit delivers continuous power output - configurable at installation - ranging from 1.65 kW to 3.84 kW in single-phase configurations, and from 0.61 kW to 1.28 kW per phase in three-phase configurations. This configurability helps installers meet a wide range of local grid connection requirements to enable more capacity to be installed per home. The new battery can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. It was built to help system owners maximize potential savings, reduce grid reliance, and stay powered during a grid outage when paired with the IQ®? System Controller 3 INT. The IQ Battery 5Pwith FlexPhase comes with an 15-year warranty. The launch of the IQ Battery 5P with Flex Phase in Australia aligns with the Federal Government's new Cheaper Home Batteries Program, which can provide homeowners with upfront discounts of around 30% on eligible systems. Fully compliant with the program's requirements, the IQ Battery 5P with flexible and reliable power that can scale depending on their needs - and the peace of mind of a leading warranty and robust local customer support. The launch of the IQ battery 5P with FlexPhase in Australia aligns with the federal Government's new Cheaper HomeBatteries Program, which can provides homeowners with upfront discounts of around30% on eligible systems. Fully compliance with the program's requirements, The IQ Battery 5P with flexible power with FlexPhase offers installers unmatched flexibility to design systems that maximize rebate value and meet the unique needs of each home. In addition to Australia, theIQ Battery 5P with Flex Phase is also available in twelve European countries.お知らせ • Jul 30Enphase Energy, Inc. Launches Next-Generation Battery System for Smarter, Simpler Home PowerEnphase Energy, Inc. announced the launch of the 4th-generation Enphase®? Energy System, featuring the IQ®? Battery 10C, IQ®? Meter Collar, and the IQ®? Combiner 6C. This next-generation system stands out for its smaller footprint, enhanced features, easier installation, and unmatched reliability. The IQ Battery 10C is the core of the 4th- generation Enphase Energy System, offering 10 kWh of usable energy and delivers 7.08 kW of continuous power, capable of supporting heavy startup loads like HVAC systems and pool pumps. Its compact form factor delivers nearly 34% greater energy density and can take up to 62% less wall space compared to the previous generation system. It also includes built-in neutral-forming microinverters that enable backup functionality and reduce the amount of internal hardware compared to the last generation battery. Less equipment and a streamlined commissioning process simplifies installation and can help unlock more single-day deployments. The battery utilizes lithium iron phosphate (LFP) chemistry, providing safety and longevity. Together, these components reduce wall space, complexity, and installation time, delivering a more efficient and reliable energy solution. Enphase Energy expects to begin shipping the IQ Battery 10C with domestic content from U.S. contract manufacturing facilities in the third quarter of 2025. The products are identified by a "DOM" suffix in the SKU and can help solar and storage projects qualify for the current Domestic Content Bonus Credit, which incentivizes solar and battery projects using U.S.-manufactured components. When paired with select U.S.-made IQ8™? Microinverters and racking equipment, Enphase systems may meet eligibility requirements for the bonus credit. Watch a video about Enphase's manufacturing process in Texashere. The 4th-generation Enphase Energy System, including the IQ Battery 10C, IQ Meter Collar, and IQ Combiner 6C, is now backed by a 15-year Enphase limited warranty. Shipments for the 4th-generation system began last month and orders can be placed through Enphase distribution partners.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €29.25, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €41.01 per share.お知らせ • Jul 24Enphase Energy, Inc. Continues Expanding Product Offering in Europe with IQ8P Microinverter Launch in Italy and SwitzerlandEnphase Energy, Inc. announced that it is continuing to expand its product offering in Europe to meet the needs of customers with initial shipments of IQ8P Microinverters, with peak output AC power of 480 W, in Italy and Switzerland to support newer, high-powered solar modules. IQ8P Microinverters help to maximize energy production and can manage a continuous direct current of 14 amperes, supporting higher-powered solar modules up to 670 W DC through enabling increased energy harvesting compared to previous microinverter models. The newly available IQ8P Microinverter are the most powerful available to date from Enphase. All IQ8P Microinverators activated in Italy and Switzerland come with a 25-year warranty. Homeowners can also install Enphase IQ®? Batteries, offering a fully integrated solar and battery solution that gives customers more energy independence and reduces reliance on expensive energy from the grid.Buy Or Sell Opportunity • Jul 23Now 26% undervaluedThe stock has been flat over the last 90 days, currently trading at €31.20. The fair value is estimated to be €42.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.お知らせ • Jul 23Enphase Energy, Inc. Provides Earnings Guidance for the Third Quarter of 2025Enphase Energy, Inc. provided earnings guidance for the third quarter of 2025. For the period, the company expects revenue to be within a range of $330.0 million to $370.0 million, which includes shipments of 190 to 210 MWh of IQ Batteries and GAAP gross margin to be within a range of 41.0% to 44.0% with net IRA benefit, including approximately three to five percentage points of new tariff impact.お知らせ • Jul 18Enphase Energy, Inc. Begins Shipments of IQ Battery 5P with Higher Domestic Content to Meet New U.S. Federal RequirementsEnphase Energy, Inc. announced initial shipments of the IQ®? Battery 5P supplied from manufacturing facilities in the United States with higher domestic content than previous models. The higher domestic content batteries comply with the new requirement in the U.S. federal budget law, signed on July 4, 2025, which retroactively enforces a 45% U.S.-sourced materials threshold for solar and battery products starting June 16, 2025. To remain eligible for key federal tax incentives, products must meet this threshold, which will increase to 50% in 2026 and 55% in 2027, where it will remain in effect at that level thereafter. The new IQ Battery 5P units with "DOM" SKUs (IQBATTERY-5P-1P-NA-DOM) are being built now to meet these higher standards -- not just for today's 45% requirement, but also for all expected future thresholds -- due to the substantial use of U.S.-sourced material. These batteries are helping support American jobs and manufacturing, and a more resilient domestic supply chain. The IQ Battery 5P is a modular design with a 5 kWh capacity and can be paired with Enphase IQ8™? Microinverters to provide homeowners with reliable electricity to use whenever they need it. Homeowners can also use the Enphase®? App to monitor performance and intelligently manage their battery systems, including the self-consumption feature to reduce the use of electricity from the grid.お知らせ • Jul 10Enphase Energy Expands Iq Ev Charger 2 in Europe with New Markets, Certifications, and Smart Meter IntegrationEnphase Energy, Inc. announced that production shipments of its newest electric vehicle (EV) charger, the IQ®? EV Charger 2, have expanded across Europe to now include Greece, Romania, Ireland, and Poland. The IQ EV Charger 2 is a smart charger designed to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. Additionally, in France, the IQ EV Charger 2 has received one of the country's highest quality standards, the E.V. READY certification, and can now integrate with the "Linky" meter to enable dynamic load balancing for standalone charger installations. The Enphase IQ EV Charger 2 is designed to deliver high performance, intelligent energy management, and exceptional flexibility for homeowners and fleets. It supports both single-phase and three-phase wiring with configurable power up to 32 A per phase and features automatic phase switching to enable charging with as little as 1.38 kW of solar production. Smart features include AI-powered optimization using real-time rates and forecasts, dynamic load balancing, and a certified MID energy meter for accurate tracking. The charger is also future-ready, with built-in hardware and software to support AC bidirectional charging for potential vehicle-to-home (V2H) and vehicle-to-grid (V2G) applications. The IQ EV Charger2 is available in socketed and tethered variants, featuring a rugged Type-2 connector that is fully compatible with the majority of EVs sold in Europe. Installation is fast and efficient, featuring a 7.5-meter cable for added flexibility and a streamlined setup process that minimizes labor time and installation costs. It is housed in an IP55-rated enclosure, making it weatherproof and safe for indoor and outdoor installations. All IQ EV Charger 2 products activated in Greece, Romania, Ireland,and Poland are backed by an industry-leading five-year warranty and 24/7 customer support from Enphase - ensuring exceptional peace of mind. The IQ EV Charger two now also integrates with the Linky meter, enabling dynamic load balancing for standalone EV charger installations. The Linky meter is France's leading smart electricity meter technology, developed bynedis, the country's main electricity distribution system operator. The IQ EV Chargers 2 connects via USB to the Linky meter and reads the entire home consumption data. It dynamically adjusts the EV charging rate based on the total home consumption shared by the meter. The IQ EV Charger 1 has received the E.V. READy certification, which is the leading standard for EV charging in France. E.V. READY is designed to help ensure product reliability, safety, and long-term compatibility with a wide range of EVs and smart home systems. Certification from ASEFA, the independent body that administers the program, signifies rigorous compliance with industry benchmarks for manufacturing, performance, and interoperability with vehicles and grids. Enphase launched the IQ EV Charger 2 the IQ EV Charger 2 with the Linky meter and can now integrate with the 'Linky' meter to enable dynamic load balance for standalone EV charging installations.お知らせ • Jul 02Enphase Energy, Inc. Launches Next-Generation Iq Ev Charger 2 in Australia and New ZealandEnphase Energy, Inc. announced production shipments of its newest electric vehicle (EV) charger, the IQ®? EV Charger 2, in Australia and New Zealand. The IQ EV Charger 2 is a smart charger built to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. With advanced energy management features, the charger can support increased solar self-consumption, lower energy costs, and offer a smart, efficient EV charging experience. The charger's top features include: Charge with solar: The IQ EV Charger 2 intelligently prioritizes surplus solar energy for EV charging, enhancing clean energy use. Installation is fast and efficient, featuring a 7.5-meter cable for added flexibility and a streamlined, sub-10-minute setup process that potentially reduces labor time and installation costs, depending on site conditions. The IQ EV Charger2 is housed in an IP55-rated enclosure, making it weatherproof for indoor and outdoor installations. All chargers activated in Australia and New Zealand come backed by an industry-leading five-year warranty and 24/7 customer support from Enphase - supporting long-term reliability and exceptional peace of mind.Buy Or Sell Opportunity • Jun 19Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at €31.68. The fair value is estimated to be €26.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €30.49, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 15x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €54.08 per share.Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €34.88, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 13x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €53.24 per share.お知らせ • May 21Enphase Energy Launches IQ Energy Management Solution in FranceEnphase Energy, Inc. introduced IQ® Energy Management that integrates with Enphase solar and battery systems to enable smart management of variable electricity rates and select third-party electric vehicle (EV) chargers, heat pumps, and resistive electric water heaters in France. Homeowners can save money and maximize self-consumption through artificial intelligence (AI)-driven management of key home energy appliances – all controlled from the Enphase® App. In France, electrification is booming, with EV deployments up 400% since 2020 and a goal to manufacture one million new heat pumps by 2027. Recent data also shows that approximately 40% of all homes in France – 15 million homes – use electric water heaters, which can represent up to 20% of a household’s energy consumption. The IQ Energy Management solution consists of the IQ® Energy Router™ suite of products which comes with a 5-year warranty in France and works with leading EV chargers, heat pumps, and resistive electric water heaters.Buy Or Sell Opportunity • May 19Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €43.39. The fair value is estimated to be €54.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.Board Change • May 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. VP & Chief Accounting Officer Mary Erginsoy was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 08Enphase Energy, Inc. Launches IQ Balcony Solar System in GermanyEnphase Energy, Inc. announced the launch of the Enphase®? IQ®? Balcony Solar System in Germany. Designed for plug-and-play installation, the new system empowers apartment dwellers and homeowners with limited roof space to generate their own clean energy from balconies, patios, and small outdoor areas. It's also a simple and affordable solution for fully off-grid use cases, offering reliable daytime power for alpine cabins, camping sites, mobile home setups, and more. The IQ Balcony Solar System includes Enphase IQ8HC™? Microinverters, IQ®? Balcony Gateway, and other components. Balcony solar systems - or "plug-in solar" systems - are rapidly expanding access to clean energy for residents without traditional rooftop space. According to SolarPower Europe, Germany registered 435,000 new balcony systems in 2024, compared to 276,000 in 2023. There are now 780,000 total balcony solar installations across the country, driven by significant regional subsidies. The Enphase IQ Balcony Solar System will help more people participate in the energy transition, supporting greater energy independence across Europe. The IQ Balcony solar System offers the following key features: Do-it-yourself installation: The system has an easy setup with plug-and-play connectors for self-installation and commissioning through the Enphase®? App. Off-grid operation: The system's IQ Microinverters switch seamlessly between grid-tied and off-grid modes, so connected devices can stay powered during daytime grid outages, or function entirely off-grid when the sun is shining in rural or remote areas where grid power isn't available. Scalable solution: Homeowners can start with a small system and expand over time using an Enphase expansion kit as energy needs grow. Additional energy from the expansion kit can be harvested using the auxiliary socket. Integrated connectivity: The system offers a simplified setup using Wi-Fi or cellular data, supported by a 5-year data plan for seamless monitoring and updates. Highly reliable: The IQ8HC Microinverters come with an IP67 rating, while the IQ Balcony Gateway has an IP65 rating and a 5-year warranty.株主還元1ENPHIT SemiconductorIT 市場7D30.5%10.7%1.4%1Y57.2%121.6%18.7%株主還元を見る業界別リターン: 1ENPH過去 1 年間で121.6 % の収益を上げたItalian Semiconductor業界を下回りました。リターン対市場: 1ENPH過去 1 年間で18.7 % の収益を上げたItalian市場を上回りました。価格変動Is 1ENPH's price volatile compared to industry and market?1ENPH volatility1ENPH Average Weekly Movement13.4%Semiconductor Industry Average Movement9.5%Market Average Movement5.2%10% most volatile stocks in IT Market8.6%10% least volatile stocks in IT Market3.2%安定した株価: 1ENPHの株価は、 Italian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 1ENPHの weekly volatility ( 13% ) は過去 1 年間安定していますが、依然としてItalianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20062,872Badri Kothandaramanwww.enphase.comエンフェーズ・エナジー社（Enphase Energy, Inc.）は、その子会社とともに、太陽光発電業界向けの家庭用エネルギーソリューションを米国および海外で設計、開発、製造、販売している。同社は半導体ベースのマイクロインバータを提供し、個々の太陽電池モジュールレベルでエネルギーを変換し、独自のネットワーキングおよびソフトウェア技術と組み合わせてエネルギーの監視と制御を行う。また、マイクロインバーター・ユニットおよび関連アクセサリー、IQバッテリーおよび関連アクセサリー、IQゲートウェイおよびIQエネルギールーター、クラウドベースのEnlightenモニタリングサービス、電気自動車充電ソリューションのほか、設計、提案、許可、リードジェネレーション・サービスも提供している。同社は、そのソリューションを太陽光発電ディストリビューター、大規模な設置業者、相手先ブランド製造業者、戦略的パートナー、住宅所有者に直接販売し、レガシー製品のアップグレードプログラムやオンラインストアでも販売している。Enphase Energy, Inc.は2006年に法人化され、カリフォルニア州フリーモントに本社を置いている。もっと見るEnphase Energy, Inc. 基礎のまとめEnphase Energy の収益と売上を時価総額と比較するとどうか。1ENPH 基礎統計学時価総額€7.25b収益（TTM）€115.95m売上高(TTM)€1.20b62.5xPER（株価収益率6.0xP/Sレシオ1ENPH は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1ENPH 損益計算書（TTM）収益US$1.40b売上原価US$1.02b売上総利益US$380.46mその他の費用US$245.46m収益US$135.00m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.02グロス・マージン27.18%純利益率9.64%有利子負債／自己資本比率51.9%1ENPH の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 18:51終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Enphase Energy, Inc. 29 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。52 アナリスト機関Christine ChoBarclaysAmeet ThakkarBMO Capital Markets Equity ResearchMoses SuttonBNP Paribas49 その他のアナリストを表示
お知らせ • May 19Enphase Energy, Inc. Expands PowerMatch Technology To North AmericaEnphase Energy, Inc. announced the launch of PowerMatch technology for IQ Battery 10C systems in the United States, including Puerto Rico, and for IQ Battery 5P systems across North America and select countries in Central America and the Caribbean. PowerMatch intelligently adjusts IQ Battery operation to match a home’s real-time power needs, helping deliver more usable energy, improved efficiency, and long-term savings. All battery inverters deliver only the power required by the home at any given moment. The difference is how efficiently they deliver that power, especially at lower loads. In many hybrid string inverter systems, a single large inverter remains active even when the home is using only a small amount of power, which can reduce efficiency and waste energy. IQ Batteries use multiple embedded microinverters, allowing PowerMatch to activate only the number of microinverters needed to serve the home’s real-time load. This helps reduce idle conversion losses and lets homeowners capture more of the energy they store, particularly during the low-use hours that make up much of a typical day. Based on Enphase testing with the IQ Battery 10C, PowerMatch can reduce energy losses by up to 1 kWh per day for a typical California homeowner compared to certain hybrid string inverter-based battery systems. That translates to up to $2,000 in additional savings over the battery’s life, depending on system configuration, usage patterns, and regional tariffs. PowerMatch launched in Europe last year for IQ Battery 5P systems, including batteries with FlexPhase technology. It is now available for IQ Battery 5P systems in the United States, Puerto Rico, Canada, Mexico, Bermuda, the Cayman Islands, the Bahamas, and Panama, and for IQ Battery 10C systems in the United States and Puerto Rico.
お知らせ • May 15Enphase Energy, Inc. Opens U.S. Pre-Orders for GaN-Based 548 VA IQ9S Commercial MicroinvertersEnphase Energy, Inc. opened U.S. pre-orders for the new IQ9S-3P Commercial Microinverter, its most powerful microinverter to date. Built with advanced gallium nitride (GaN) technology, the IQ9S-3P Commercial Microinverter supports high-wattage solar panels up to 770 W and connects directly to three-phase 480Y/277 V (wye) grid configurations without requiring external transformers. Together with the recently launched IQ9N-3P Commercial Microinverter, IQ9S-3P Commercial Microinverters give Enphase a broader commercial portfolio for the U.S. 480 V three-phase market. Pre-orders also allow customers to safe harbor equipment ahead of upcoming federal tax credit deadlines while finalizing project designs. IQ9S-3P Commercial Microinverters support 18 A of continuous DC current, deliver up to 548 VA of continuous output power, and are designed for high-wattage solar panels up to 770 W. This helps optimize the DC/AC ratio and increase energy production from each module, making IQ9S-3P Commercial Microinverters ideal for commercial projects using 600 W to 770 W panels. Advanced GaN technology enables high performance, cooler operation, and an industry-leading CEC weighted efficiency of 97.5%. IQ9S-3P Commercial Microinverters meet rigorous grid compliance standards, including UL 1741-SB and IEEE 1547-2018. They include rapid shutdown, phase balancing, voltage and frequency ride-through, and loss-of-phase detection to support grid safety and system reliability. Enphase microinverter systems convert DC to AC at each panel, eliminating long high-voltage DC runs used in traditional string inverter designs and delivering a safer, all-AC architecture on the roof. Enphase microinverters help increase energy production in shaded or uneven roof conditions and provide per-panel monitoring through the Enphase App. IQ9S-3P Commercial Microinverters that are manufactured in U.S. facilities with domestic content are designed to be “FEOC compliant” and may help eligible projects qualify for domestic content bonus tax credits. The products also comply with Buy America Act standards for federal direct procurement contracts. Enphase IQ9 Commercial Microinverters connect to the IQ Gateway Commercial Pro, the communication and control hub for Enphase commercial systems. The gateway provides real-time monitoring, energy management, remote firmware updates, export limiting, and other advanced grid features. It also offers flexible connectivity and easy setup through the Enphase Installer App. IQ9S-3P Commercial Microinverters are backed by a 25-year limited warranty, while the IQ Gateway Commercial Pro comes with a 15-year limited warranty. The product is available for pre-order now in the United States through Enphase distribution partners, with production shipments expected to begin in June 2026. Certain Enphase products may qualify as FEOC-compliant under IRS Notice 2025-08. Customers should consult their legal and tax advisors to confirm eligibility.
Buy Or Sell Opportunity • May 13Now 20% overvaluedOver the last 90 days, the stock has fallen 5.4% to €35.31. The fair value is estimated to be €29.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Earnings per share has declined by 54%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €32.54, the stock trades at a forward P/E ratio of 78x. Average forward P/E is 39x in the Semiconductor industry in Europe. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €31.11 per share.
お知らせ • Apr 30+ 1 more updateEnphase Energy, Inc. Provides Earnings Guidance for the Second Quarter of 2026Enphase Energy, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company estimates revenue to be within a range of $280.0 million to $310.0 million, which includes shipments of 100 to 110 MWh of IQ Batteries. This outlook includes approximately $85.0 million of safe harbor shipments.
Reported Earnings • Apr 29First quarter 2026 earnings released: US$0.056 loss per share (vs US$0.23 profit in 1Q 2025)First quarter 2026 results: US$0.056 loss per share (down from US$0.23 profit in 1Q 2025). Revenue: US$282.9m (down 21% from 1Q 2025). Net loss: US$7.41m (down 125% from profit in 1Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe.
お知らせ • May 19Enphase Energy, Inc. Expands PowerMatch Technology To North AmericaEnphase Energy, Inc. announced the launch of PowerMatch technology for IQ Battery 10C systems in the United States, including Puerto Rico, and for IQ Battery 5P systems across North America and select countries in Central America and the Caribbean. PowerMatch intelligently adjusts IQ Battery operation to match a home’s real-time power needs, helping deliver more usable energy, improved efficiency, and long-term savings. All battery inverters deliver only the power required by the home at any given moment. The difference is how efficiently they deliver that power, especially at lower loads. In many hybrid string inverter systems, a single large inverter remains active even when the home is using only a small amount of power, which can reduce efficiency and waste energy. IQ Batteries use multiple embedded microinverters, allowing PowerMatch to activate only the number of microinverters needed to serve the home’s real-time load. This helps reduce idle conversion losses and lets homeowners capture more of the energy they store, particularly during the low-use hours that make up much of a typical day. Based on Enphase testing with the IQ Battery 10C, PowerMatch can reduce energy losses by up to 1 kWh per day for a typical California homeowner compared to certain hybrid string inverter-based battery systems. That translates to up to $2,000 in additional savings over the battery’s life, depending on system configuration, usage patterns, and regional tariffs. PowerMatch launched in Europe last year for IQ Battery 5P systems, including batteries with FlexPhase technology. It is now available for IQ Battery 5P systems in the United States, Puerto Rico, Canada, Mexico, Bermuda, the Cayman Islands, the Bahamas, and Panama, and for IQ Battery 10C systems in the United States and Puerto Rico.
お知らせ • May 15Enphase Energy, Inc. Opens U.S. Pre-Orders for GaN-Based 548 VA IQ9S Commercial MicroinvertersEnphase Energy, Inc. opened U.S. pre-orders for the new IQ9S-3P Commercial Microinverter, its most powerful microinverter to date. Built with advanced gallium nitride (GaN) technology, the IQ9S-3P Commercial Microinverter supports high-wattage solar panels up to 770 W and connects directly to three-phase 480Y/277 V (wye) grid configurations without requiring external transformers. Together with the recently launched IQ9N-3P Commercial Microinverter, IQ9S-3P Commercial Microinverters give Enphase a broader commercial portfolio for the U.S. 480 V three-phase market. Pre-orders also allow customers to safe harbor equipment ahead of upcoming federal tax credit deadlines while finalizing project designs. IQ9S-3P Commercial Microinverters support 18 A of continuous DC current, deliver up to 548 VA of continuous output power, and are designed for high-wattage solar panels up to 770 W. This helps optimize the DC/AC ratio and increase energy production from each module, making IQ9S-3P Commercial Microinverters ideal for commercial projects using 600 W to 770 W panels. Advanced GaN technology enables high performance, cooler operation, and an industry-leading CEC weighted efficiency of 97.5%. IQ9S-3P Commercial Microinverters meet rigorous grid compliance standards, including UL 1741-SB and IEEE 1547-2018. They include rapid shutdown, phase balancing, voltage and frequency ride-through, and loss-of-phase detection to support grid safety and system reliability. Enphase microinverter systems convert DC to AC at each panel, eliminating long high-voltage DC runs used in traditional string inverter designs and delivering a safer, all-AC architecture on the roof. Enphase microinverters help increase energy production in shaded or uneven roof conditions and provide per-panel monitoring through the Enphase App. IQ9S-3P Commercial Microinverters that are manufactured in U.S. facilities with domestic content are designed to be “FEOC compliant” and may help eligible projects qualify for domestic content bonus tax credits. The products also comply with Buy America Act standards for federal direct procurement contracts. Enphase IQ9 Commercial Microinverters connect to the IQ Gateway Commercial Pro, the communication and control hub for Enphase commercial systems. The gateway provides real-time monitoring, energy management, remote firmware updates, export limiting, and other advanced grid features. It also offers flexible connectivity and easy setup through the Enphase Installer App. IQ9S-3P Commercial Microinverters are backed by a 25-year limited warranty, while the IQ Gateway Commercial Pro comes with a 15-year limited warranty. The product is available for pre-order now in the United States through Enphase distribution partners, with production shipments expected to begin in June 2026. Certain Enphase products may qualify as FEOC-compliant under IRS Notice 2025-08. Customers should consult their legal and tax advisors to confirm eligibility.
Buy Or Sell Opportunity • May 13Now 20% overvaluedOver the last 90 days, the stock has fallen 5.4% to €35.31. The fair value is estimated to be €29.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 27% over the last 3 years. Earnings per share has declined by 54%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €32.54, the stock trades at a forward P/E ratio of 78x. Average forward P/E is 39x in the Semiconductor industry in Europe. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €31.11 per share.
お知らせ • Apr 30+ 1 more updateEnphase Energy, Inc. Provides Earnings Guidance for the Second Quarter of 2026Enphase Energy, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company estimates revenue to be within a range of $280.0 million to $310.0 million, which includes shipments of 100 to 110 MWh of IQ Batteries. This outlook includes approximately $85.0 million of safe harbor shipments.
Reported Earnings • Apr 29First quarter 2026 earnings released: US$0.056 loss per share (vs US$0.23 profit in 1Q 2025)First quarter 2026 results: US$0.056 loss per share (down from US$0.23 profit in 1Q 2025). Revenue: US$282.9m (down 21% from 1Q 2025). Net loss: US$7.41m (down 125% from profit in 1Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €27.06, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 24x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €28.39 per share.
お知らせ • Apr 02Enphase Energy, Inc., Annual General Meeting, May 13, 2026Enphase Energy, Inc., Annual General Meeting, May 13, 2026. Location: enphase energy, inc., 47281 bayside parkway, ca 94538, fremont United States
お知らせ • Mar 28Enphase Energy Introduces IQ Energy Management Solution In Australia And New ZealandEnphase Energy, Inc. introduced IQ Energy Management for Australia and New Zealand. The solution integrates with Enphase solar and IQ Battery systems to enable intelligent management of variable electricity rates and select third-party electric water heaters and electric vehicle (EV) chargers. Homeowners may help reduce their energy costs and increase self-consumption through AI-driven control of key home appliances, all managed through the Enphase App. IQ Energy Management is enabled by the IQ Energy Router suite of products, which integrate with leading electric water heaters and third-party EV chargers. Installers can pair IQ Energy Management with Enphase solar and battery systems to support more comprehensive whole-home energy management and provide homeowners with a more flexible and valuable energy experience.
Recent Insider Transactions • Mar 20Independent Director recently sold €5.2m worth of stockOn the 13th of March, Thurman Rodgers sold around 137k shares on-market at roughly €38.12 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.1m more than they bought in the last 12 months.
Buy Or Sell Opportunity • Feb 20Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 68% to €38.68. The fair value is estimated to be €31.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 49%. For the next 3 years, revenue is forecast to grow by 2.0% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
お知らせ • Feb 20Pomerantz Law Firm Announces the Filing of A Class Action Against Enphase Energy, Inc. and Certain Officers - EnphasePomerantz LLP announced that a class action lawsuit has been filed against Enphase Energy, Inc. and certain officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 26-cv-01380, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Enphase securities between April 22, 2025 and October 28, 2025 both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials. The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Enphase overstated its ability to manage its channel inventory; (ii) Enphase overstated its ability to mitigate effects arising from the termination of the 25D Credit; (iii) accordingly, Enphase overstated its financial and operational prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times. On October 28, 2025, Enphase reported its financial results for the third quarter of 2025 and held a related earnings call. Among other items, Enphase's management reported that it expected 2025 to close on a weak note, with elevated channel inventory resulting in lower battery storage shipments in the fourth quarter, and that the expiration of the 25D Credit would negatively impact revenues for the first quarter of 2026. On this news, Enphase's stock price fell $5.56 per share, or 15.15%, to close at $31.14 per share on October 29, 2025.
お知らせ • Feb 18Enphase Energy, Inc. Introduces Power Control Software to Improve Commercial Solar EconomicsEnphase Energy, Inc. announced that it has introduced Power Control software for IQ9™? and IQ8™? Microinverter-based small commercial solar systems. The solution is designed to help installers cut costs, simplify interconnection, and unlock projects that would otherwise stall due to unfavorable project economics. Enphase Power Control™? software simplifies interconnections, reduces permitting complexity, and avoids costly utility upgrades, making it easier and more cost-effective to design and install small commercial microinverter systems, especially in California. The new software requires the IQ®? Gateway Commercial 2 or IQ®? Gateway Commercial Pro with either consumption current transformers (CTs) or a DTS-310 remote meter, depending on the monitoring setup. installers can set the aggregate export limits directly within the Enphase®? Installer App. Enphase is currently one of the few suppliers with commercial inverter configurations listed by the California Energy Commission (CEC) for power control systems (PCS) support, enabling non-export and limited-export configurations that utilities recognize without requiring additional third-party power control hardware in many projects. This distinction allows installers to meet site and utility constraints using software-defined controls rather than custom electrical equipment. For installers, this can mean fewer redesigns, fewer stalled projects, and more commercial jobs that get built. Enphase Power Control software for commercial projects is designed to help installers: Control aggregate system export through software-based limits, helping installers avoid transformer upgrades, service resizing, or other costly infrastructure changes that can delay or derail commercial projects. Streamline commercial solar upgrades and repowering projects by matching planned AC nameplates, helping installers avoid costly re-permitting and Title 24 resubmissions when switching to microinverters. Simplify California Rule 21 non-export interconnections using certified UL 3141 PCS configurations under Options 8 and 10, helping to reduce interconnection review cycles and avoid separate third-party export-control hardware in many projects.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €40.86, the stock trades at a forward P/E ratio of 75x. Average forward P/E is 25x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €29.86 per share.
Reported Earnings • Feb 04Full year 2025 earnings released: EPS: US$1.31 (vs US$0.76 in FY 2024)Full year 2025 results: EPS: US$1.31 (up from US$0.76 in FY 2024). Revenue: US$1.47b (up 11% from FY 2024). Net income: US$172.1m (up 68% from FY 2024). Profit margin: 12% (up from 7.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe.
お知らせ • Feb 04+ 1 more updateEnphase Energy, Inc. Demonstrates Global Iq Bidirectional Ev Charging Platform, Targeting Volume Production in Fourth 2026Enphase Energy, Inc. provided an update on the continued development of its IQ®? Bidirectional EV Charging Platform, highlighting successful demonstrations, expanding global engagement, and ongoing validation across vehicles, homes, and grid environments in the United States and Europe. The DC-based IQ Bidirectional EV Charger is designed to connect to the direct current (DC) port of an electric vehicle, enabling EV charging, home backup during outages, and future grid services, all managed through the Enphase®? App. Enphase recently released a demonstration video illustrating compatibility across U.S. vehicles, residential electrical services, and grid environments, along with additional demonstrations tailored for key European markets including the United Kingdom, the Netherlands, France, and Germany. Throughout 2025, Enphase successfully demonstrated the platform at multiple CharIN interoperability events across the United States and Europe, validating its expected ability to operate across diverse vehicle platforms and electrical architectures. The company plans to continue participating in industry and interoperability events throughout 2026 as part of its disciplined approach to ecosystem readiness and technical validation. Engineered as a globally scalable platform for residential and light-commercial energy systems, the DC-based IQ bidirectional EV Charger is being designed to operate across single-phase and three-phase electrical architectures in North America and Europe. The system is being developed with advanced grid-support, protection, and control capabilities aligned with leading bidirectional interconnection frameworks, including UL 1741 and IEEE 1547 in the United States, EN 50549 in Europe, VDE-AR-N 4105 in Germany, and ENA G99 in the UK. It is also being engineered on open communication standards such as ISO 15118-20 to support broad vehicle interoperability and standards-based vehicle-to-home and vehicle-to-grid functionality with compatible vehicles. Region-specific compliance and certification details are provided on local product pages. First announced in September 2025, the DC-based IQ Biddirectional EV Charger reflects Enphase's focus on building durable energy infrastructure with scalable architecture and intelligent control. The company is currently conducting demonstrations and validation activities and is targeting volume production beginning in Fourth Quarter 2026, with limited pilot deployments expected ahead of broader commercialization. Projected vehicle compatibility and bidirectional functionality will depend on automaker enablement, vehicle software, applicable standards, and final product specifications. Demonstrations and testing conducted by Enphase represent preliminary evaluations and do not reflect final production performance. These demonstrations were conducted without automaker authorization and do not imply endorsement, certification, or approval by any vehicle manufacturer.
Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.4% to €34.25. The fair value is estimated to be €28.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 43%. For the next 3 years, revenue is forecast to decline by 1.9% per annum. Earnings are forecast to grow by 4.2% per annum over the same time period.
お知らせ • Jan 13Enphase Energy Begins Shipments of IQ9 Commercial Microinverters in the United StatesEnphase Energy, Inc. announced that it began production shipments of its IQ9N-3P™? Commercial Microinverter across the United States in late December 2025. The product is manufactured in the United States to support domestic content requirements and Foreign Entity of Concern (FEOC) compliance for eligible commercial solar projects. This is Enphase's first microinverter powered by gallium nitride (GaN) technology and designed for three-phase 480Y/277 V (wye) grid configurations, without using external transformers. The IQ9N-3P Commercial Microinverter helps simplify system design, lowers installation and balance of system costs, and improves system efficiency for 480 V commercial projects. It uses GaN technology in the power conversion stage instead of silicon, enabling greater performance, enhanced reliability, and an efficiency of up to 97.5%. Its compact, high-performance design can manage a continuous DC current of 16 acres and deliver up to 427 VA of peak output power, supporting high-power solar panels up to 600 W. The new microinverter meets rigorous grid compliance standards, including UL 1741-SB and IEEE 1547-2018, and features rapid shutdown, phase balancing, voltage/frequency ride-through, and loss-of-phase detection for grid safety and system reliability. Enphase commercial systems are designed to support UL 3141, a system-level standard for safe, coordinated control of power flow. It is enabled through Enphase Power Control software and does not require external protection hardware. This helps simplify commercial interconnection and supports no-export or export-limited operation across all phases. Enphase IQ9N-3P commercial Microinverters can be deployed on small systems (less than 100 kW) or large systems (h hundreds of kW) and can start small and scale over time without major redesign. Enphase microinverter technology enables optimized energy production at the panel level under shading and uneven roof conditions, making the product ideal for commercial rooftops with HVAC obstructions, skylights, and multi-tenant layouts. Enphase microinverters can also help reduce long-term operational costs for asset owners by minimizing single points of failure in the installation, providing easy replacement support, and improving fleet visibility with per-panel monitoring via the Enphase®? App. Additionally, by converting direct current (DC) to alternating current (AC) at each panel, Enphase microinverter systems avoid the long high-voltage DC runs found in traditional centralized ("string") designs, offering an all-AC architecture on the roof for added safety. To function properly, the IQ9N-3Pcommercial Microinverters must be connected to the IQ Gateway Commercial Pro Cellular Kit, which serves as the communication and control hub for Enphase commercial systems. The IQ Gateway Commercial Pro Cellular Kit adds a 4G LTE Cat 4 modem that enables dual-SIM connectivity with automatic failover to help keep the system online for real-time monitoring, energy management, remote firmware updates, and advanced grid features such as export limiting. Setup is simple through the Enphase®? Installer App. The IQ9N- 3P Commercial Microinverter brings Enphase's panel-level architecture to the 480 V commercial market with a simpler, more efficient system efficiency for 480 V commercial project.
Buy Or Sell Opportunity • Dec 08Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €26.76. The fair value is estimated to be €33.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 43%. For the next 3 years, revenue is forecast to decline by 4.3% per annum. Earnings are also forecast to decline by 0.2% per annum over the same time period.
Recent Insider Transactions • Dec 07Independent Director recently sold €3.8m worth of stockOn the 2nd of December, Thurman Rodgers sold around 150k shares on-market at roughly €25.11 per share. This transaction amounted to 7.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.8m more than they bought in the last 12 months.
New Risk • Dec 05New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €0 This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€0 sold).
お知らせ • Dec 04Enphase Energy, Inc. Introduces PowerMatch Technology in Europe to Deliver More Usable Battery Energy and SavingsEnphase Energy, Inc. announced the launch of PowerMatch™? technology in Europe. PowerMatch intelligently adjusts IQ®? Battery output to match a home's real-time power needs, delivering more usable energy, longer battery life, and greater long-term savings. Unlike hybrid systems that push all power through a single large inverter, the IQ®? Battery 5P uses six embedded microinverters that can scale output dynamically. By activating only the microinverters needed, PowerMatch helps reduce low-load efficiency losses and allows homeowners to use more of the energy they store. Enphase testing and modeling indicate that IQ Battery 5P systems enabled with PowerMatch may last up to 40% longer than select competitor batteries and may deliver up to an estimated $1,700 in additional savings over 15 years, depending on system configuration, usage patterns, and regional tariffs.
お知らせ • Nov 18Enphase Energy Expands IQ Meter Collar Approvals in the United States, Including PG&E in CaliforniaEnphase Energy, Inc. announced an expanded number of utilities have approved the Enphase IQ Meter Collar for behind-the-meter installation. Pacific Gas and Electric Company (PG&E) and San Diego Gas & Electric have approved the device for use in their service territories, along with 46 additional utilities across the United States. Many additional utility approvals are expected in the near future. The IQ Meter Collar is a compact microgrid interconnection device that mounts behind the utility meter or on a standalone meter socket. It enables whole-home backup without moving circuits to a dedicated backup sub-panel, eliminates the need for additional consumption current transformers, and supports safe grid isolation. The streamlined design helps reduce wall space, wiring complexity, and installation time. It has saved my crew countless hours on the job site and delivers an incredibly efficient homeowner experience. The IQ Meter Collar are part of the 4th-generation Enphase Energy System, designed to make home backup faster and easier with three core components: the IQ Battery 10C, the IQ Meter Collar, and the IQ [11] Combiner 6C. Together, this system offers a smaller footprint, a simplified bill of materials, integrated metering, and a streamlined commissioning process that can help unlock more single-day deployments. The IQ Battery 10C provides 10 kWh of usable energy with 7.08 kW of continuous power, uses LFP chemistry, and includes neutral forming microinverters to enable backup functionality. The IQ Combiner 6C consolidates interconnection equipment in one enclosure with integrated breaker spaces and pre-installed metering. The 4th-generation system is backed by a 15-year limited warranty.
Buy Or Sell Opportunity • Nov 09Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.3% to €25.48. The fair value is estimated to be €32.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Earnings per share has declined by 43%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are also forecast to decline by 1.6% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €26.09, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 22x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €33.85 per share.
New Risk • Nov 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future.
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: US$0.51 (vs US$0.34 in 3Q 2024)Third quarter 2025 results: EPS: US$0.51 (up from US$0.34 in 3Q 2024). Revenue: US$410.4m (up 7.8% from 3Q 2024). Net income: US$66.6m (up 46% from 3Q 2024). Profit margin: 16% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Semiconductor industry in Europe are expected to grow by 9.1%.
お知らせ • Oct 29Enphase Energy, Inc. Provides Earnings Guidance for the Fourth Quarter of 2025Enphase Energy, Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects revenue guidance is in the range of $310 million to $350 million, which includes shipments of 140 to 160 megawatt hours of IQ Batteries.
お知らせ • Oct 10Enphase Energy, Inc. Adds Smart Water Heater Control in Belgium, the Netherlands, and SwitzerlandEnphase Energy, Inc. announced the expansion of its IQ®? Energy Management capabilities to include select electric water heaters in Belgium, the Netherlands, and Switzerland. The update, powered by the Enphase IQ®? Energy Router, gives homeowners more control over when and how they use energy - across solar, batteries, electric vehicle (EV) chargers, heat pumps, and now electric water heaters - within a single, integrated system. IQ Energy Management helps households make, use, save, and sell energy more intelligently by coordinating multiple devices from one platform. From scheduling EV charging when rates are low, to running heat pumps during periods of excess solar generation, and now pre-heating water when renewable energy is abundant, the system enables smarter use of clean energy that can help lower costs and enhance grid flexibility. Enphase's AI-driven optimization helps automate these decisions based on weather, tariffs, and household patterns - all managed seamlessly through the Enphase®? App. The new capability adds integrated control of electric water heaters through the IQ Energy Router, allowing homeowners to preheat water when solar generation is abundant or when electricity prices are low. By shifting water heating schedules, households can increase self-consumption of solar power and participate in demand response or virtual power plant programs in select regions.
お知らせ • Oct 07Enphase Energy, Inc. Launches IQ Battery 5P with FlexPhase in India, Enabling Single-Phase and Three-Phase Backup for Homes and Small BusinessesEnphase Energy, Inc. announced the launch of the IQ®? Battery 5P™? with FlexPhase for customers in India. The system provides reliable backup power and supports both single-phase and three-phase applications, serving India's growing residential and small commercial solar markets. Three-phase service is widely available in India, making it well suited for higher-load homes and small businesses. Each 5 kWh battery delivers continuous power of up to 1.28 kW per phase in three-phase configuration and 3.84 kW in single-phase configuration. The battery is designed to discharge up to two times the maximum continuous power for three seconds, enabling the operation of high-power devices during a grid outage when paired with the IQ®? System Controller 3 INT. It utilizes lithium-iron phosphate (LFP) chemistry, which is known for its thermal stability and safety profile. The battery is modular and expandable, so customers can start with a single battery and scale up to 40 kWh of capacity as their energy needs grow. The launch in India builds on Enphase's rapid global rollout of FlexPhase technology, which is now available in 18 European countries, Australia, and New Zealand. This expansion demonstrates Enphase's commitment to bringing flexible, high-quality energy storage to markets with diverse grid standards. The IQ Battery 5P with FlexPhase comes with a 15-year limited warranty in India. It can be paired with the IQ System Controller 3 INT, which together enable microgrid operation, remote monitoring, and efficient integration with IQ8™? Microinverters. With Sunlight Jump Start™?, IQ8 Microinverters can restart the batteries using only light after a prolonged grid outage that drains the battery. Enphase's backup solution also supports load control and works with third-party inverters and generators for best-in-class resilience. The IQ Battery 5P with FlexPhase is now shipping to customers in India.
Buy Or Sell Opportunity • Oct 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to €31.87. The fair value is estimated to be €40.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period.
Buy Or Sell Opportunity • Sep 18Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at €32.07. The fair value is estimated to be €40.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 9.0% per annum over the same time period.
Buy Or Sell Opportunity • Sep 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €31.70. The fair value is estimated to be €39.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
お知らせ • Aug 28Enphase Energy, Inc. Announces Availability of Software to Expand IQ7 Solar Systems with IQ8 Microinverters in More Global MarketsEnphase Energy, Inc. announced the availability of new software that enables homeowners with existing legacy IQ7™? Microinverter-based systems to expand their solar capacity using IQ8™? Microinverters. This software is now available in Australia, India, South Africa, and the Philippines, following its successful launch earlier this year across North America, Europe, and other key markets. With over one million homes worldwide using IQ7™? Micro inverters, many homeowners are now looking to expand their systems to reduce energy costs and boost energy independence. Enphase's new software enables solar installers to upgrade these systems with IQ8™? Microin Verters, built for high-powered solar panels, while using the existing IQ™? Gateway. The latest software update also enables Australian homeowners with existing IQ7 systems to integrate IQ8 Microinverters and add compatible energy storage to further enhance system resilience. With this upgrade and appropriate configuration, systems can seamlessly generate, store, and supply power during grid interruptions - supporting increased self-consumption, backup capability, and long-term energy independence. Enphase expects to continue expanding this capability into more markets in the coming year.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €31.99, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 22x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €42.89 per share.
Buy Or Sell Opportunity • Aug 16Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 39% to €27.26. The fair value is estimated to be €36.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
お知らせ • Aug 12Enphase Energy Continues Global Rollout of IQ Battery 5P with FlexPhase in AustraliaEnphase Energy, Inc. announced the launch of the IQ®? Battery 5P™? with FlexPhase for customers in Australia. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications with variable power levels, offering flexibility to meet diverse home energy needs. The IQ Battery 5P With FlexPhase offers a scalable energy storage solution starting at 5 kWh and expandable up to 70 kWh. Each 5 kWh unit delivers continuous power output - configurable at installation - ranging from 1.65 kW to 3.84 kW in single-phase configurations, and from 0.61 kW to 1.28 kW per phase in three-phase configurations. This configurability helps installers meet a wide range of local grid connection requirements to enable more capacity to be installed per home. The new battery can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. It was built to help system owners maximize potential savings, reduce grid reliance, and stay powered during a grid outage when paired with the IQ®? System Controller 3 INT. The IQ Battery 5Pwith FlexPhase comes with an 15-year warranty. The launch of the IQ Battery 5P with Flex Phase in Australia aligns with the Federal Government's new Cheaper Home Batteries Program, which can provide homeowners with upfront discounts of around 30% on eligible systems. Fully compliant with the program's requirements, the IQ Battery 5P with flexible and reliable power that can scale depending on their needs - and the peace of mind of a leading warranty and robust local customer support. The launch of the IQ battery 5P with FlexPhase in Australia aligns with the federal Government's new Cheaper HomeBatteries Program, which can provides homeowners with upfront discounts of around30% on eligible systems. Fully compliance with the program's requirements, The IQ Battery 5P with flexible power with FlexPhase offers installers unmatched flexibility to design systems that maximize rebate value and meet the unique needs of each home. In addition to Australia, theIQ Battery 5P with Flex Phase is also available in twelve European countries.
お知らせ • Jul 30Enphase Energy, Inc. Launches Next-Generation Battery System for Smarter, Simpler Home PowerEnphase Energy, Inc. announced the launch of the 4th-generation Enphase®? Energy System, featuring the IQ®? Battery 10C, IQ®? Meter Collar, and the IQ®? Combiner 6C. This next-generation system stands out for its smaller footprint, enhanced features, easier installation, and unmatched reliability. The IQ Battery 10C is the core of the 4th- generation Enphase Energy System, offering 10 kWh of usable energy and delivers 7.08 kW of continuous power, capable of supporting heavy startup loads like HVAC systems and pool pumps. Its compact form factor delivers nearly 34% greater energy density and can take up to 62% less wall space compared to the previous generation system. It also includes built-in neutral-forming microinverters that enable backup functionality and reduce the amount of internal hardware compared to the last generation battery. Less equipment and a streamlined commissioning process simplifies installation and can help unlock more single-day deployments. The battery utilizes lithium iron phosphate (LFP) chemistry, providing safety and longevity. Together, these components reduce wall space, complexity, and installation time, delivering a more efficient and reliable energy solution. Enphase Energy expects to begin shipping the IQ Battery 10C with domestic content from U.S. contract manufacturing facilities in the third quarter of 2025. The products are identified by a "DOM" suffix in the SKU and can help solar and storage projects qualify for the current Domestic Content Bonus Credit, which incentivizes solar and battery projects using U.S.-manufactured components. When paired with select U.S.-made IQ8™? Microinverters and racking equipment, Enphase systems may meet eligibility requirements for the bonus credit. Watch a video about Enphase's manufacturing process in Texashere. The 4th-generation Enphase Energy System, including the IQ Battery 10C, IQ Meter Collar, and IQ Combiner 6C, is now backed by a 15-year Enphase limited warranty. Shipments for the 4th-generation system began last month and orders can be placed through Enphase distribution partners.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €29.25, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €41.01 per share.
お知らせ • Jul 24Enphase Energy, Inc. Continues Expanding Product Offering in Europe with IQ8P Microinverter Launch in Italy and SwitzerlandEnphase Energy, Inc. announced that it is continuing to expand its product offering in Europe to meet the needs of customers with initial shipments of IQ8P Microinverters, with peak output AC power of 480 W, in Italy and Switzerland to support newer, high-powered solar modules. IQ8P Microinverters help to maximize energy production and can manage a continuous direct current of 14 amperes, supporting higher-powered solar modules up to 670 W DC through enabling increased energy harvesting compared to previous microinverter models. The newly available IQ8P Microinverter are the most powerful available to date from Enphase. All IQ8P Microinverators activated in Italy and Switzerland come with a 25-year warranty. Homeowners can also install Enphase IQ®? Batteries, offering a fully integrated solar and battery solution that gives customers more energy independence and reduces reliance on expensive energy from the grid.
Buy Or Sell Opportunity • Jul 23Now 26% undervaluedThe stock has been flat over the last 90 days, currently trading at €31.20. The fair value is estimated to be €42.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
お知らせ • Jul 23Enphase Energy, Inc. Provides Earnings Guidance for the Third Quarter of 2025Enphase Energy, Inc. provided earnings guidance for the third quarter of 2025. For the period, the company expects revenue to be within a range of $330.0 million to $370.0 million, which includes shipments of 190 to 210 MWh of IQ Batteries and GAAP gross margin to be within a range of 41.0% to 44.0% with net IRA benefit, including approximately three to five percentage points of new tariff impact.
お知らせ • Jul 18Enphase Energy, Inc. Begins Shipments of IQ Battery 5P with Higher Domestic Content to Meet New U.S. Federal RequirementsEnphase Energy, Inc. announced initial shipments of the IQ®? Battery 5P supplied from manufacturing facilities in the United States with higher domestic content than previous models. The higher domestic content batteries comply with the new requirement in the U.S. federal budget law, signed on July 4, 2025, which retroactively enforces a 45% U.S.-sourced materials threshold for solar and battery products starting June 16, 2025. To remain eligible for key federal tax incentives, products must meet this threshold, which will increase to 50% in 2026 and 55% in 2027, where it will remain in effect at that level thereafter. The new IQ Battery 5P units with "DOM" SKUs (IQBATTERY-5P-1P-NA-DOM) are being built now to meet these higher standards -- not just for today's 45% requirement, but also for all expected future thresholds -- due to the substantial use of U.S.-sourced material. These batteries are helping support American jobs and manufacturing, and a more resilient domestic supply chain. The IQ Battery 5P is a modular design with a 5 kWh capacity and can be paired with Enphase IQ8™? Microinverters to provide homeowners with reliable electricity to use whenever they need it. Homeowners can also use the Enphase®? App to monitor performance and intelligently manage their battery systems, including the self-consumption feature to reduce the use of electricity from the grid.
お知らせ • Jul 10Enphase Energy Expands Iq Ev Charger 2 in Europe with New Markets, Certifications, and Smart Meter IntegrationEnphase Energy, Inc. announced that production shipments of its newest electric vehicle (EV) charger, the IQ®? EV Charger 2, have expanded across Europe to now include Greece, Romania, Ireland, and Poland. The IQ EV Charger 2 is a smart charger designed to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. Additionally, in France, the IQ EV Charger 2 has received one of the country's highest quality standards, the E.V. READY certification, and can now integrate with the "Linky" meter to enable dynamic load balancing for standalone charger installations. The Enphase IQ EV Charger 2 is designed to deliver high performance, intelligent energy management, and exceptional flexibility for homeowners and fleets. It supports both single-phase and three-phase wiring with configurable power up to 32 A per phase and features automatic phase switching to enable charging with as little as 1.38 kW of solar production. Smart features include AI-powered optimization using real-time rates and forecasts, dynamic load balancing, and a certified MID energy meter for accurate tracking. The charger is also future-ready, with built-in hardware and software to support AC bidirectional charging for potential vehicle-to-home (V2H) and vehicle-to-grid (V2G) applications. The IQ EV Charger2 is available in socketed and tethered variants, featuring a rugged Type-2 connector that is fully compatible with the majority of EVs sold in Europe. Installation is fast and efficient, featuring a 7.5-meter cable for added flexibility and a streamlined setup process that minimizes labor time and installation costs. It is housed in an IP55-rated enclosure, making it weatherproof and safe for indoor and outdoor installations. All IQ EV Charger 2 products activated in Greece, Romania, Ireland,and Poland are backed by an industry-leading five-year warranty and 24/7 customer support from Enphase - ensuring exceptional peace of mind. The IQ EV Charger two now also integrates with the Linky meter, enabling dynamic load balancing for standalone EV charger installations. The Linky meter is France's leading smart electricity meter technology, developed bynedis, the country's main electricity distribution system operator. The IQ EV Chargers 2 connects via USB to the Linky meter and reads the entire home consumption data. It dynamically adjusts the EV charging rate based on the total home consumption shared by the meter. The IQ EV Charger 1 has received the E.V. READy certification, which is the leading standard for EV charging in France. E.V. READY is designed to help ensure product reliability, safety, and long-term compatibility with a wide range of EVs and smart home systems. Certification from ASEFA, the independent body that administers the program, signifies rigorous compliance with industry benchmarks for manufacturing, performance, and interoperability with vehicles and grids. Enphase launched the IQ EV Charger 2 the IQ EV Charger 2 with the Linky meter and can now integrate with the 'Linky' meter to enable dynamic load balance for standalone EV charging installations.
お知らせ • Jul 02Enphase Energy, Inc. Launches Next-Generation Iq Ev Charger 2 in Australia and New ZealandEnphase Energy, Inc. announced production shipments of its newest electric vehicle (EV) charger, the IQ®? EV Charger 2, in Australia and New Zealand. The IQ EV Charger 2 is a smart charger built to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. With advanced energy management features, the charger can support increased solar self-consumption, lower energy costs, and offer a smart, efficient EV charging experience. The charger's top features include: Charge with solar: The IQ EV Charger 2 intelligently prioritizes surplus solar energy for EV charging, enhancing clean energy use. Installation is fast and efficient, featuring a 7.5-meter cable for added flexibility and a streamlined, sub-10-minute setup process that potentially reduces labor time and installation costs, depending on site conditions. The IQ EV Charger2 is housed in an IP55-rated enclosure, making it weatherproof for indoor and outdoor installations. All chargers activated in Australia and New Zealand come backed by an industry-leading five-year warranty and 24/7 customer support from Enphase - supporting long-term reliability and exceptional peace of mind.
Buy Or Sell Opportunity • Jun 19Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at €31.68. The fair value is estimated to be €26.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to €30.49, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 15x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €54.08 per share.
Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €34.88, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 13x in the Semiconductor industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €53.24 per share.
お知らせ • May 21Enphase Energy Launches IQ Energy Management Solution in FranceEnphase Energy, Inc. introduced IQ® Energy Management that integrates with Enphase solar and battery systems to enable smart management of variable electricity rates and select third-party electric vehicle (EV) chargers, heat pumps, and resistive electric water heaters in France. Homeowners can save money and maximize self-consumption through artificial intelligence (AI)-driven management of key home energy appliances – all controlled from the Enphase® App. In France, electrification is booming, with EV deployments up 400% since 2020 and a goal to manufacture one million new heat pumps by 2027. Recent data also shows that approximately 40% of all homes in France – 15 million homes – use electric water heaters, which can represent up to 20% of a household’s energy consumption. The IQ Energy Management solution consists of the IQ® Energy Router™ suite of products which comes with a 5-year warranty in France and works with leading EV chargers, heat pumps, and resistive electric water heaters.
Buy Or Sell Opportunity • May 19Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €43.39. The fair value is estimated to be €54.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 22%. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
Board Change • May 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. VP & Chief Accounting Officer Mary Erginsoy was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 08Enphase Energy, Inc. Launches IQ Balcony Solar System in GermanyEnphase Energy, Inc. announced the launch of the Enphase®? IQ®? Balcony Solar System in Germany. Designed for plug-and-play installation, the new system empowers apartment dwellers and homeowners with limited roof space to generate their own clean energy from balconies, patios, and small outdoor areas. It's also a simple and affordable solution for fully off-grid use cases, offering reliable daytime power for alpine cabins, camping sites, mobile home setups, and more. The IQ Balcony Solar System includes Enphase IQ8HC™? Microinverters, IQ®? Balcony Gateway, and other components. Balcony solar systems - or "plug-in solar" systems - are rapidly expanding access to clean energy for residents without traditional rooftop space. According to SolarPower Europe, Germany registered 435,000 new balcony systems in 2024, compared to 276,000 in 2023. There are now 780,000 total balcony solar installations across the country, driven by significant regional subsidies. The Enphase IQ Balcony Solar System will help more people participate in the energy transition, supporting greater energy independence across Europe. The IQ Balcony solar System offers the following key features: Do-it-yourself installation: The system has an easy setup with plug-and-play connectors for self-installation and commissioning through the Enphase®? App. Off-grid operation: The system's IQ Microinverters switch seamlessly between grid-tied and off-grid modes, so connected devices can stay powered during daytime grid outages, or function entirely off-grid when the sun is shining in rural or remote areas where grid power isn't available. Scalable solution: Homeowners can start with a small system and expand over time using an Enphase expansion kit as energy needs grow. Additional energy from the expansion kit can be harvested using the auxiliary socket. Integrated connectivity: The system offers a simplified setup using Wi-Fi or cellular data, supported by a 5-year data plan for seamless monitoring and updates. Highly reliable: The IQ8HC Microinverters come with an IP67 rating, while the IQ Balcony Gateway has an IP65 rating and a 5-year warranty.
