Enphase Energy, Inc. (ENPH)Technology | Solar | Fremont, United States | NasdaqGM
30.62 USD
-0.20
(-0.649%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 30.38 -0.24 (-0.240%) ⇩ (Oct. 16, 2026, 7:48 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 4:52 a.m. EDT
The investment case for Enphase is currently broken by a severe disconnect between its deteriorating business reality and its lingering valuation. Fundamentally, the company is failing to execute; revenue has contracted by nearly 20%, earnings are shrinking, and the return on equity has collapsed to single digits. This is not a temporary stumble; it is a structural decline in the core business model. The market has rightly punished the stock, driving the price down significantly, yet the forward P/E remains inflated relative to the actual growth prospects, suggesting the 'buy' recommendations from analysts are ignoring the math. Short-term, the sentiment is bearish. Options data confirms this, with massive put open interest acting as a ceiling for any recovery attempts. The statistical forecasting models offer no help, showing a flat, low-confidence signal that fails to capture the gravity of the fundamental deterioration. There is no dividend to provide any cushion for income investors. For growth investors, the thesis has evaporated until there is clear evidence of a turnaround in revenue growth and margin expansion. At this stage, the stock represents a value trap where the low price reflects poor quality, not a bargain. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.137206 |
| AutoARIMA | 0.151812 |
| AutoETS | 0.152006 |
| MSTL | 0.155754 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 7.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.445 |
| Excess Kurtosis | -0.77 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 51.899 |
| Revenue per Share | 10.121 |
| Market Cap | 4,035,661,824 |
| Trailing P/E | 30.62 |
| Forward P/E | 14.14 |
| Beta | 1.63 |
| Profit Margins | 10.09% |
| Website | https://www.enphase.com |
As of Oct. 10, 2026, 4:52 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated near the current price ($30-$35), creating a significant wall of resistance. While there is some call volume at higher strikes ($40-$50), the overwhelming open interest in out-of-the-money puts suggests a market expectation of further downside or a 'cap' on rallies, rather than a breakout scenario.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.18520492 |
| Address1 | 47,281 Bayside Parkway |
| All Time High | 339.92 |
| All Time Low | 0.65 |
| Ask | 41.49 |
| Ask Size | 1 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.3 - Buy |
| Average Daily Volume10 Day | 5,027,380 |
| Average Daily Volume3 Month | 4,621,170 |
| Average Volume | 4,621,170 |
| Average Volume10Days | 5,027,380 |
| Beta | 1.633 |
| Bid | 37.24 |
| Bid Size | 1 |
| Board Risk | 5 |
| Book Value | 8.944 |
| City | Fremont |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 30.62 |
| Current Ratio | 3.451 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 31.7521 |
| Day Low | 30.3606 |
| Debt To Equity | 51.899 |
| Display Name | Enphase Energy |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,131,200 |
| Earnings Call Timestamp Start | 1,793,131,200 |
| Earnings Growth | -0.035 |
| Earnings Quarterly Growth | -0.026 |
| Earnings Timestamp | 1,793,131,200 |
| Earnings Timestamp End | 1,793,131,200 |
| Earnings Timestamp Start | 1,793,131,200 |
| Ebitda | 191,792,000 |
| Ebitda Margins | 0.14437 |
| Enterprise To Ebitda | 19.406 |
| Enterprise To Revenue | 2.802 |
| Enterprise Value | 3,721,926,144 |
| Eps Current Year | 1.98621 |
| Eps Forward | 2.16608 |
| Eps Trailing Twelve Months | 1.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 35.7608 |
| Fifty Day Average Change | -5.1407986 |
| Fifty Day Average Change Percent | -0.14375514 |
| Fifty Two Week Change Percent | -18.520493 |
| Fifty Two Week High | 73.74 |
| Fifty Two Week High Change | -43.119995 |
| Fifty Two Week High Change Percent | -0.5847572 |
| Fifty Two Week Low | 25.78 |
| Fifty Two Week Low Change | 4.84 |
| Fifty Two Week Low Change Percent | 0.18774244 |
| Fifty Two Week Range | 25.78 - 73.74 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,333,114,200,000 |
| Float Shares | 128,144,630 |
| Forward Eps | 2.16608 |
| Forward P E | 14.136136 |
| Free Cashflow | 78,322,752 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 2,872 |
| Fullday Change | -0.44000053 |
| Fullday Change Percent | -1.4276462 |
| Fullday Price | 30.62 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.30037 |
| Gross Profits | 399,039,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03031 |
| Held Percent Institutions | 0.96572 |
| Implied Shares Outstanding | 131,798,220 |
| Industry | Solar |
| Industry Disp | Solar |
| Industry Key | solar |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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 PowerPack 1500 and related accessories; IQ Combiner, IQ Gateway, and IQ Energy Router; cloud-based monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, installation and solar appointment generation services, and Enphase Care 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. |
| Long Name | Enphase Energy, Inc. |
| Market | us_market |
| Market Cap | 4,035,661,824 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_40485464 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 134,024,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 4,370,023,509 |
| Number Of Analyst Opinions | 26 |
| Open | 30.64 |
| Operating Cashflow | 204,691,008 |
| Operating Margins | 0.17981 |
| Overall Risk | 4 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.75 |
| Phone | 707 774 7000 |
| Post Market Change | -0.24000168 |
| Post Market Change Percent | -0.7838069 |
| Post Market Price | 30.38 |
| Post Market Time | 1,792,194,521 |
| Previous Close | 30.82 |
| Price Eps Current Year | 15.416296 |
| Price Hint | 2 |
| Price To Book | 3.4235241 |
| Price To Sales Trailing12 Months | 3.0377536 |
| Profit Margins | 0.100880004 |
| Quick Ratio | 2.529 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.31034 |
| Region | US |
| Regular Market Change | -0.19999886 |
| Regular Market Change Percent | -0.64892554 |
| Regular Market Day High | 31.7521 |
| Regular Market Day Low | 30.3606 |
| Regular Market Day Range | 30.3606 - 31.7521 |
| Regular Market Open | 30.64 |
| Regular Market Previous Close | 30.82 |
| Regular Market Price | 30.62 |
| Regular Market Time | 1,792,180,802 |
| Regular Market Volume | 7,477,491 |
| Return On Assets | 0.023759998 |
| Return On Equity | 0.12996 |
| Revenue Growth | -0.196 |
| Revenue Per Share | 10.121 |
| Sand P52 Week Change | 0.13723719 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 131,798,220 |
| Shares Percent Shares Out | 0.21280001 |
| Shares Short | 28,124,558 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 23,375,084 |
| Short Name | Enphase Energy, Inc. |
| Short Percent Of Float | 0.2561 |
| Short Ratio | 5.97 |
| Source Interval | 15 |
| State | CA |
| Symbol | ENPH |
| Target High Price | 212.0 |
| Target Low Price | 24.0 |
| Target Mean Price | 50.81923 |
| Target Median Price | 41.5 |
| Total Cash | 937,708,032 |
| Total Cash Per Share | 7.096 |
| Total Debt | 613,364,992 |
| Total Revenue | 1,328,502,016 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.0 |
| Trailing P E | 30.62 |
| Trailing Peg Ratio | 0.7455 |
| Triggerable | 1 |
| Two Hundred Day Average | 41.2021 |
| Two Hundred Day Average Change | -10.582098 |
| Two Hundred Day Average Change Percent | -0.25683394 |
| Type Disp | Equity |
| Volume | 7,477,491 |
| Website | https://www.enphase.com |
| Zip | 94,538 |