Enphase Energy Inc. Stock
€36.12
Your prediction
Enphase Energy Inc. Stock
Pros and Cons of Enphase Energy Inc. in the next few years
Pros
Cons
Performance of Enphase Energy Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Enphase Energy Inc. | 0.240% | 5.788% | -8.038% | -70.535% | -47.036% | -80.287% | -25.285% |
| Sunrun Inc | 0.330% | 22.921% | 18.933% | -46.481% | -21.568% | -70.658% | -55.699% |
| First Solar Inc. | 1.870% | 5.476% | 27.536% | -42.942% | -17.349% | 105.007% | 214.910% |
| Xinyi Solar Holdings Ltd | -2.710% | -1.738% | -15.891% | -55.058% | -30.463% | -83.741% | -62.577% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Enphase Energy, operating under the US symbol ENPH, presents a compelling case within the renewable energy sector. The company exhibits notable growth indicators and impressive financial performance over recent years, which instills confidence in its operational sustainability and potential for future expansion. However, alongside these positive aspects, some challenges could pose risks to investors and overall valuation. A comprehensive dive into the financials highlights the strengths and weaknesses that characterize Enphase Energy.
Enphase Energy's revenue shows robust growth potential, with a trailing twelve months (TTM) revenue of approximately $1.42 billion. This figure indicates a strong demand for its products and services within the solar energy market, reflecting both strategic positioning and market trends favoring renewable energy sources.
The net income reported for 2023 stands at around $438.94 million, illustrating a profitable business model. This is a stark improvement compared to earlier years, showcasing the company’s ability to manage costs effectively while enhancing revenue.
