Added to YB: 2024-12-26
Pitch date: 2024-12-22
ENPH [neutral]
Enphase Energy, Inc.
-54.85%
current return
Author Info
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Company Info
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally.
Market Cap
$3.8B
Pitch Price
$71.27
Price Target
100.00 (+211%)
Dividend
N/A
EV/EBITDA
11.94
P/E
19.90
EV/Sales
2.32
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Deep dive into Enphase ($ENPH)
ENPH (overvalued): Microinverter leader expanding to home energy solutions. $12k revenue potential/home. Strong installer relations. IRA benefits, NEM 3.0 challenges. 3% US solar penetration. Competition from Tesla, SolarEdge. Revenue growth slowed post-2022 surge. Bull case: $100, bear: $45. Current fair value: $60.5.
Read full article (7 min)