26-Apr-2024
Worst finally behind Enphase Energy, Barclays says in upgrade to Overweight
Seeking Alpha News (Fri, 26-Apr 3:32 PM ET)
ENPH Bearish Calendar Put Spread with 279% Upside
Market Chameleon (Thu, 25-Apr 11:09 AM ET)
TipRanks (Thu, 25-Apr 5:43 AM ET)
Enphase Energy's Q1 miss, weak guidance prompt Sell rating at Guggenheim
Seeking Alpha News (Wed, 24-Apr 2:23 PM ET)
Enphase Energy Stock (NASDAQ:ENPH): Don’t Get Burned by This Solar Stock
TipRanks (Wed, 24-Apr 11:51 AM ET)
3 Reasons Why this ENPH Bear Call Spread is a Good Opportunity for $0.75
Market Chameleon (Wed, 24-Apr 11:02 AM ET)
Enphase Energy: Hold Rating with Caution on Near-Term Outlook Amid Macroeconomic Challenges
TipRanks (Wed, 24-Apr 10:25 AM ET)
If ENPH Price Stays Between $104 to $116 Band This Iron Condor Will Yield 55%
Market Chameleon (Wed, 24-Apr 9:59 AM ET)
Biggest stock movers today: BA, TSLA, TXN, ENPH, and more
Seeking Alpha News (Wed, 24-Apr 9:50 AM ET)
Enphase Energy (ENPH) Receives a Buy from Seaport Global
TipRanks (Wed, 24-Apr 9:25 AM ET)
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
Enphase Energy trades on the NASDAQ stock market under the symbol ENPH.
As of April 26, 2024, ENPH stock price climbed to $111.93 with 5,522,882 million shares trading.
ENPH has a beta of 2.45, meaning it tends to be more sensitive to market movements. ENPH has a correlation of 0.18 to the broad based SPY ETF.
ENPH has a market cap of $15.23 billion. This is considered a Large Cap stock.
Last quarter Enphase Energy reported $263 million in Revenue and $.35 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.05.
In the last 3 years, ENPH stock traded as high as $339.92 and as low as $73.49.
The top ETF exchange traded funds that ENPH belongs to (by Net Assets): VTI, VOO, VO, SPY, ICLN.
ENPH has underperformed the market in the last year with a price return of -31.7% while the SPY ETF gained +27.4%. However, in the short term, ENPH had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.2% vs +4.6% return in SPY. But in the last 2 weeks, ENPH shares have been beat by the market, returning -4.3% compared to an SPY return of -0.5%.
ENPH support price is $103.28 and resistance is $112.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ENPH stock will trade within this expected range on the day.