Enphase Energy, Inc.
Enphase Energy, Inc.
Your view on ENPH
Overview
What the company does, where it operates, and who runs it.
About Enphase Energy, Inc.
- Industry
- Solar
- Sector
- Energy
- CEO
- Badrinarayanan Kothandaraman
- Headquarters
- 47281 Bayside Parkway, Fremont, CA, US
- Industry
- Solar
- Sector
- Energy
- CEO
- Badrinarayanan Kothandaraman
- Headquarters
- 47281 Bayside Parkway, Fremont, CA, US
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, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services.
It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories.
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.
Stock Data
Price chart, volume, and trading data.
What moved it
FRC Fair Value Algorithm
What the FRC Fair Value algorithm says it is worth vs. the current price — FRC's own, on every stock.
About this section
Fair value for Enphase Energy, Inc. from FRC's valuation model, read against the market price. ENPH last traded at $26.07, 37.5× trailing earnings — the estimate is read against that market price. The model runs on every stock on the platform and shows the estimate per share and the date it was calculated. A free account covers 3 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
About this section
Valuation, profitability, liquidity and leverage ratios for Enphase Energy, Inc.. Starting points for Enphase Energy, Inc.: P/E 37.5, EPS $0.69, beta 1.63 — an Solar name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
About this section
Dividend history, yield and payout sustainability for Enphase Energy, Inc.. Enphase Energy, Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
About this section
Reported vs. expected earnings history for Enphase Energy, Inc.. Trailing twelve-month EPS for Enphase Energy, Inc. stands at $0.69. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Wall Street Analyst Estimates
Analysts' price targets, ratings, and revenue and EPS estimates.
Price targets, ratings and estimates published by outside analysts. Not FRC research, not a recommendation, and not the FRC Fair Value: that is FRC's proprietary model, built on the cash a company generates.
Current price
—
live quote
Analysts' target
$37.27
average of 20 firms, last 12 months
Analyst Ratings
- Strong Buy0
- Buy6
- Hold12
- Sell2
- Strong Sell0
Earnings Estimate
| EPS | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $0.30 | $0.15 | $1.67 | $1.30 |
| Low estimate | $0.27 | $0.04 | $1.62 | $0.76 |
| High estimate | $0.33 | $0.25 | $1.72 | $1.73 |
| No. of analysts | 11 | 10 | 13 | 14 |
| Year-ago EPS | $0.71 | $0.47 | $1.291 | — |
| Growth | -58.3% | -67.3% | — | — |
1Year-ago EPS includes one-time items; growth not shown.
Revenue Estimate
| Revenue | Current QtrDec 2026 | Next QtrMar 2027 | Current YearFY Dec 2026 | Next YearFY Dec 2027 |
|---|---|---|---|---|
| Avg. estimate | $246.25M | $196.25M | $1.11B | $990.28M |
| Low estimate | $234.44M | $167.59M | $1.08B | $871.53M |
| High estimate | $249.33M | $224.34M | $1.23B | $1.28B |
| No. of analysts | 11 | 10 | 16 | 19 |
| Year-ago revenue | $343.32M | $282.90M | $1.47B | — |
| Growth | -28.3% | -30.6% | -24.6% | — |
Source: Wall Street analysts' published price targets, ratings and estimates, compiled by Financial Modeling Prep from StreetInsider, Benzinga, Pulse 2.0; as of Nov 15, 2026. Not FRC research or a recommendation.
Financial Statements
Income statement, balance sheet, and cash flow statements.
About this section
Income statement, balance sheet and cash flow history for Enphase Energy, Inc.. Enphase Energy, Inc. has reported as a listed company since 2012. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Peer companies
Market cap
- ASTIAscent Solar Technologies, Inc. Common StockSolar$13M
- BEEMBeam GlobalSolar$16M
- CSIQCanadian Solar Inc.Solar$671M
- FSLRFirst Solar, Inc.Solar$18.4B
- SEDGSolarEdge Technologies, Inc.Solar$1.5B
- SHLSShoals Technologies Group, Inc.Solar$1.4B
- SMXTSolarmax Technology Inc. Common StockSolar$19M
- SPWRComplete Solaria, Inc.Solar$27M
More Solar companies
- CVUEFClearVue Technologies LimitedOTC$29M
- EBODFNew Energy Exchange Ltd.OTC$225
- FTCIFTC Solar, Inc.NASDAQ$18M
- GCPEFGCL Technology Holdings LimitedOTC$3.8B
- GRYGGreen Energy Group, Inc.OTC$3,041
- GSLOGo Solar USA, Inc.OTC$6,543
- GSLRGeosolar Technologies, Inc.OTC$786,624
- HYSRSunHydrogen, Inc.OTC$128M
- ISUNQiSun, Inc.OTC$4,738
- JKSJinkoSolar Holding Co., Ltd.NYSE$123M
- KOVRKorver Corp.OTC$44
ETFs holding Enphase Energy, Inc.
% of the fund
- IJRiShares Core SP Small-Cap ETF$103.8B in assets0.20%
- VTIVanguard Total Stock Market ETF$689.2B in assets0.01%
- VBVanguard Small-Cap ETF$76.9B in assets0.05%
- VGTVanguard Information Technology ETF$154.5B in assets0.05%
- ACESALPS Clean Energy ETF$89M in assets4.07%
- CNRGState Street SPDR S&P Kensho Clean Power ETF$161M in assets2.09%
- RVERRiver1 Trenchless Fund$131M in assets2.08%
- PSCTInvesco S&P SmallCap Information Technology ETF$469M in assets1.65%
Largest holders first, then the funds most concentrated in ENPH.
Institutional Ownership
Which funds and firms own the stock.
About this section
Which institutions hold Enphase Energy, Inc., and how their positions are changing. At a $3.45B market value, institutional positions materially move Enphase Energy, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.
Insider Trading
Recent buying and selling by company executives.
About this section
Buying and selling by Enphase Energy, Inc. executives and directors. Shares of Enphase Energy, Inc. have traded between $27.19 and $78.26 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.
House Trading
U.S. Representative disclosures filed under the STOCK Act.
About this section
U.S. House of Representatives disclosures naming Enphase Energy, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals.
News
Latest headlines and market coverage.
About this section
Latest headlines and company announcements for Enphase Energy, Inc.. Coverage tracks Enphase Energy, Inc. within Solar (Energy). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.
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