Enphase Energy, Inc. Stock News

Enphase Energy (ENPH) stock price has moved sideways this year as concerns about the ongoing turnaround continued. The stock was trading at $110 on Wednesday, where it has been in the past few weeks.

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Enphase is currently both a value and a growth opportunity amid strong FY25 growth rates. Falling interest rates are key to the thesis unfolding as planned. Despite a bullish 12-month outlook with large speculative gains likely from irrational short-term sentiment, I believe a P/E ratio of 30 is fair for the stock during FY25. Despite my conservative fair value, the market could easily price th...

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ENPH's prospects have been undoubtedly impacted by the higher borrowing costs, transition to NEM 3.0, and the end of first wave EV adoption. However, with those headwinds likely to lift soon, it is unsurprising that the management has reported sequential improvements in its FQ2'24 performance and guided robust FQ3'24 numbers. With the bottom likely here and ENPH strategically diversifying into ...

The broader market is enjoying tailwinds today, with upbeat retail sales data and better-than-expected producer price index (CPI) and consumer price index (PPI) readings all making investors more confident in the prospect interest rates and soft economic landing.

Enphase's Q2 earnings missed estimates, but the stock rallied 12% the following day. That's because Enphase's sales and profit numbers have finally bottomed. Moreover, management guided for sequential improvement, with strong bookings heading into Q3.