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.
Policy Pivot Peril | Explore how potential repeal of Section 25D tax credits could dramatically reshape Enphase's market position and revenue streams in the residential solar secto |
Innovation Imperative | Delve into Enphase's strategic product launches and financial offerings aimed at countering market headwinds and regaining competitive edge |
Financial Forecast | Analyst projections paint a mixed picture, with price targets ranging from $29 to $86, reflecting varied outlooks on Enphase's adaptability |
Global Grid Gambit | Learn how Enphase's expansion into international markets and grid services could offset domestic challenges and diversify revenue streams |
Metrics to compare | ENPH | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipENPHPeersSector | |
---|---|---|---|---|
P/E Ratio | 28.1x | −0.8x | 11.8x | |
PEG Ratio | 0.76 | 0.01 | 0.01 | |
Price/Book | 5.6x | 1.7x | 2.4x | |
Price / LTM Sales | 3.3x | 0.7x | 2.2x | |
Upside (Analyst Target) | 6.4% | 147.1% | 17.5% | |
Fair Value Upside | Unlock | 25.3% | 3.5% | Unlock |