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Enphase Energy, Inc. (ENPH)

Technology | Solar | Fremont, United States | NasdaqGM
37.25 USD -2.00 (-5.096%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 37.35 +0.10 (0.268%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:29 a.m. EDT

The long-term investment case is severely compromised by a brutal multi-year decline; the business has lost nearly two-thirds of its value over the last three years, and the market is rightly pricing in a structural deterioration where revenue is contracting and earnings are shrinking. While the balance sheet remains intact and the forward P/E looks cheap, this is a value trap where the fundamentals have eroded too deeply to justify a 'buy' rating. The short-term outlook is similarly bleak, with the stock failing to break out of its downtrend and showing no signs of the momentum required to reverse course. Options data confirms this pessimism, with heavy betting on further declines rather than a recovery. Without a clear turnaround in revenue growth or a restoration of profitability trends, this remains a hold or avoid situation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.166062
AutoETS0.166066
MSTL0.174559
AutoTheta0.419232

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 30%
H-stat 14.04
Ljung-Box p 0.000
Jarque-Bera p 0.420
Excess Kurtosis -0.69
Attribute Value
Sector Technology
Debt to Equity Ratio 51.899
Revenue per Share 10.121
Market Cap 4,909,484,032
Trailing P/E 38.80
Forward P/E 16.17
Beta 1.65
Profit Margins 10.09%
Website https://www.enphase.com

As of Aug. 22, 2026, 4:29 a.m. EDT: Speculators are aggressively positioning for downside protection with massive put volume and open interest, particularly at the $35 and $40 strikes, creating a significant 'floor' around current prices. Conversely, call activity is sparse and concentrated near the money, with very little speculative capital willing to bet on a rebound above $45-$50 in the near term. The implied volatility skew shows elevated premiums for downside moves relative to upside moves, indicating a market consensus of continued weakness despite the stock trading near its 52-week lows.


Info Dump

Attribute Value
52 Week Change 0.0073012114
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 2.5 - Buy
Average Daily Volume10 Day 3,887,240
Average Daily Volume3 Month 5,503,869
Average Volume 5,503,869
Average Volume10Days 3,887,240
Beta 1.651
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 37.25
Current Ratio 3.451
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 39.27
Day Low 36.68
Debt To Equity 51.899
Display Name Enphase Energy
Earnings Call Timestamp End 1,785,268,800
Earnings Call Timestamp Start 1,785,268,800
Earnings Growth -0.035
Earnings Quarterly Growth -0.026
Earnings Timestamp 1,785,268,800
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 23.974
Enterprise To Revenue 3.461
Enterprise Value 4,598,045,184
Eps Current Year 2.02085
Eps Forward 2.30331
Eps Trailing Twelve Months 0.96
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 41.6962
Fifty Day Average Change -4.4462013
Fifty Day Average Change Percent -0.106633246
Fifty Two Week Change Percent 0.73012114
Fifty Two Week High 73.74
Fifty Two Week High Change -36.489998
Fifty Two Week High Change Percent -0.49484673
Fifty Two Week Low 25.78
Fifty Two Week Low Change 11.469999
Fifty Two Week Low Change Percent 0.4449185
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 2.30331
Forward P E 16.172379
Free Cashflow 78,322,752
Full Exchange Name NasdaqGM
Full Time Employees 2,872
Fullday Change -2.0
Fullday Change Percent -5.09554
Fullday Price 37.35
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.30037
Gross Profits 399,039,008
Has Pre Post Market Data 1
Held Percent Insiders 0.030280001
Held Percent Institutions 0.96771
Implied Shares Outstanding 131,798,220
Industry Solar
Industry Disp Solar
Industry Key solar
Is Earnings Date Estimate 1
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 4,909,484,032
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 5,186,677,434
Number Of Analyst Opinions 27
Open 39.21
Operating Cashflow 204,691,008
Operating Margins 0.17981
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 1.13
Phone 707 774 7000
Post Market Change 0.099998474
Post Market Change Percent 0.2684523
Post Market Price 37.35
Post Market Time 1,787,961,572
Previous Close 39.25
Price Eps Current Year 18.432838
Price Hint 2
Price To Book 4.164803
Price To Sales Trailing12 Months 3.6955037
Profit Margins 0.100880004
Quick Ratio 2.529
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.46667
Region US
Regular Market Change -2.0
Regular Market Change Percent -5.09554
Regular Market Day High 39.27
Regular Market Day Low 36.68
Regular Market Day Range 36.68 - 39.27
Regular Market Open 39.21
Regular Market Previous Close 39.25
Regular Market Price 37.25
Regular Market Time 1,787,947,201
Regular Market Volume 4,350,976
Return On Assets 0.023759998
Return On Equity 0.12996
Revenue Growth -0.196
Revenue Per Share 10.121
Sand P52 Week Change 0.20204377
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 7
Shares Outstanding 131,798,220
Shares Percent Shares Out 0.16309999
Shares Short 21,559,258
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 22,918,331
Short Name Enphase Energy, Inc.
Short Percent Of Float 0.19629999
Short Ratio 4.82
Source Interval 15
State CA
Symbol ENPH
Target High Price 85.0
Target Low Price 27.0
Target Mean Price 46.78889
Target Median Price 45.0
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 0.96
Trailing P E 38.802086
Trailing Peg Ratio 1.1299
Triggerable 1
Two Hundred Day Average 40.5735
Two Hundred Day Average Change -3.3235016
Two Hundred Day Average Change Percent -0.081913106
Type Disp Equity
Volume 4,350,976
Website https://www.enphase.com
Zip 94,538