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.
Market Dynamics | Explore Enphase Energy's position in the evolving solar market, facing challenges from policy shifts and competitive pressures in third-party ownership segments |
Innovation Strategy | Delve into Enphase's product pipeline, including next-gen batteries and meter collars, aimed at regaining market share and boosting sales in late 2025 |
Financial Outlook | Analysts project average quarterly revenue of $350 million for FY 2025, with Q4 exit rate at $397 million. Price targets range from $29 to $86 |
Grid Services Expansion | Learn about Enphase's efforts to diversify revenue streams through grid services programs, offering potential for recurring income and enhanced value proposition |
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 | −1.2x | 11.9x | |
PEG Ratio | 0.76 | 0.01 | 0.01 | |
Price/Book | 5.6x | 1.7x | 2.4x | |
Price / LTM Sales | 3.3x | 1.0x | 2.3x | |
Upside (Analyst Target) | 6.6% | 16.8% | 16.9% | |
Fair Value Upside | Unlock | 25.6% | 4.0% | Unlock |