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. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ Gateway and IQ Energy Router; cloud-based Enlighten monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
Strategic Innovations | Learn about Enphase's new product launches and shift towards U.S. manufacturing, aimed at leveraging tax credits and expanding market share amid fierce competition |
Analyst Perspectives | Discover varied analyst views on Enphase, with price targets ranging from $57 to $145, reflecting mixed sentiment on the company's future prospects |
Financial Headwinds | Delve into Enphase's recent performance, including revenue declines and lowered guidance, balanced against a strong cash position and free cash flow generation |
Solar Market Dynamics | Explore Enphase Energy's position in the evolving solar industry, facing challenges in Europe while capitalizing on U.S. domestic production incentives |
Metrics to compare | ENPH | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipENPHPeersSector | |
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P/E Ratio | 41.4x | −0.4x | 11.0x | |
PEG Ratio | −0.90 | 0.00 | 0.01 | |
Price / Book | 7.6x | 1.3x | 2.4x | |
Price / LTM Sales | 4.3x | 0.7x | 1.9x | |
Upside (Analyst Target) | 26.8% | 181.3% | 37.2% | |
Fair Value Upside | Unlock | 5.1% | 8.8% | Unlock |