Despite struggles due to macro headwinds and competition, Enphase continues to show solid financials with exposure to a sector recovery. ENPH's microinverters are technologically superior, but Tesla's Powerwall poses significant competition, impacting market perception and pricing power. ENPH's valuation is attractive at 5.5x sales and 20x earnings, with potential upside from a cyclical recovery.
Enphase Energy (ENPH) concluded the recent trading session at $58.65, signifying a +1.37% move from its prior day's close.
Enphase Energy (ENPH) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The latest trading day saw Enphase Energy (ENPH) settling at $63.71, representing a -1.73% change from its previous close.
Recently, Zacks.com users have been paying close attention to Enphase Energy (ENPH). This makes it worthwhile to examine what the stock has in store.
Zacks.com users have recently been watching Enphase Energy (ENPH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Enphase Enegy generated a strong cash flow despite recording a stunning 40% revenue decline YoY as the solar sector suffered a severe cyclical contraction. FY2025 could see a sales rebound by the second half of the year, as US inventory channels are cleaned and signs of rebound emerge, while lower interest rates could help. ENPH is set to release its fourth generation of batteries in Q1, a promising product. On the inverter side, its IQ9 will hit the market by the second semester, enjoying.
ENPH's fourth-quarter revenues beat the Zacks Consensus Estimate by 1.8%. The top line also increases 26.5% from the year-ago level.
Enphase Energy reported better-than-expected fourth-quarter results, with both revenues and profitability coming in above consensus expectations. While revenues in the company's core domestic market increased by 6% on a sequential basis, sales in Europe were down by a whopping 25%. Even in the current market environment, ENPH continues to generate substantial free cash flow which has been mostly utilized for share buybacks in recent quarters.
Enphase Energy, Inc. (NASDAQ:ENPH ) Q4 2024 Earnings Conference Call February 4, 2024 4:30 PM ET Company Participants Zach Freedman - IR Badri Kothandaraman - President and CEO Mandy Yang - CFO Raghu Belur - Chief Products Officer Conference Call Participants Brian Lee - Goldman Sachs Phil Shen - ROTH Capital Partners Julien Dumoulin-Smith - Jefferies Colin Rusch - Oppenheimer Andrew Percoco - Morgan Stanley Christine Cho - Barclays Praneeth Satish - Wells Fargo Mark Strouse - JPMorgan Kashy Harrison - Piper Sandler Joseph Osha - Guggenheim Maheep Mandloi - Mizuho Dylan Nassano - Wolfe Research Gordon Johnson - GLJ Research Austin Moeller - Canaccord Jeffrey Osborne - TD Cowen Operator Good afternoon, everyone and welcome to the Enphase Energy's Fourth Quarter 2024 Financial Results Conference Call. All participants will be in a listen-only mode.
Enphase Energy (ENPH) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.54 per share a year ago.