Professional
Added to YB: 2025-01-17
Pitch date: 2025-01-16
ENPH [neutral]
Enphase Energy, Inc.
-49.64%
current return
Author Info
No bio for this author
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
$63.90
Price Target
65.00 (+102%)
Dividend
N/A
EV/EBITDA
11.94
P/E
19.90
EV/Sales
2.32
Sector
Semiconductors and Semiconductor Equipment
Category
value
Truist Securities Downgrades Enphase Energy to Hold, Lowers Price Target to $65
ENPH downgrade: Truist cuts PT to $65 from $100. 2025E rev/EBITDA $1.56B/$550M, -12%/-13% vs Street. 18% YoY growth, but 50% from 1H24 under-shipments. EU recovery uncertain. New products may help, but benefits delayed. Balanced risk/reward at current price. 16x 2025E EBITDA multiple vs 22x prior.
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