10-May-2024
Enphase Energy Expands IQ8 Commercial Microinverter Deployments in North America
Globe Newswire (Mon, 6-May 8:00 AM ET)
How This ENPH Iron Condor Can Net 66% in 5 Days
Market Chameleon (Fri, 3-May 10:00 AM ET)
Business Wire (Fri, 3-May 9:00 AM ET)
Business Wire (Thu, 2-May 4:49 PM ET)
Breaking News: Johnson Fistel, LLP Launches Investigation into Enphase
Globe Newswire (Thu, 2-May 2:14 PM ET)
Enphase Energy Expands Deployments of Enphase Energy System with IQ Battery 5P in Florida
Globe Newswire (Thu, 2-May 8:00 AM ET)
Business Wire (Wed, 1-May 7:44 PM ET)
ENPH Bullish Calendar Call Spread with 387% Upside
Market Chameleon (Fri, 26-Apr 11:11 AM ET)
ENPH Iron Condor Spread Can Make 75% in Next 5 Days
Market Chameleon (Fri, 26-Apr 10:03 AM ET)
Enphase Energy Reports Financial Results for the First Quarter of 2024
Globe Newswire (Tue, 23-Apr 4:05 PM 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 May 10, 2024, ENPH stock price declined to $108.35 with 2,960,861 million shares trading.
ENPH has a beta of 2.51, meaning it tends to be more sensitive to market movements. ENPH has a correlation of 0.24 to the broad based SPY ETF.
ENPH has a market cap of $14.74 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 -32.9% while the SPY ETF gained +27.8%. ENPH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -11.5% and -3.2%, respectively, while the SPY returned +4.2% and +2.5%, respectively.
ENPH support price is $107.00 and resistance is $115.26 (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.