Added to YB: 2024-07-30
Pitch date: 2024-07-28
ENPH [bullish]
Enphase Energy, Inc.
-72.98%
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
$119.08
Price Target
162.00 (+403%)
Dividend
N/A
EV/EBITDA
11.94
P/E
19.90
EV/Sales
2.32
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Time to buy or not? - Enphase Energy, Inc. – Potentially one of the greatest bargains today
ENPH: Solar leader w/ 40-50% global microinverter share. Q2 rev down 57% YoY to $303M, undershipped demand by $92M. Channel inventory normalized, expect improvement. US rev +32% QoQ, 90% battery attach in CA. 47.1% GM. $162 PT for 2026, 13% annual return potential. Long-term growth intact w/ solar industry CAGR 16% thru 2032.
Read full article (7 min)