Enphase Energy, Inc. which can be found using ticker (ENPH) have now 37 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $165.00 and $71.00 and has a mean target at $125.86. Given that the stocks previous close was at $108.35 this would imply there is now a potential upside of 16.2%. Also worth taking note is the 50 day moving average now sits at $114.94 while the 200 day moving average is $115.55. The market cap for the company is 15.07B. The stock price for the company is currently $110.78 USD
The potential market cap would be $17,508,955,343 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 57.1, revenue per share of $13.43 and a 5.03% return on assets.
Enphase Energy, Inc. is a global energy technology company. The Company designs, develops, manufactures and sells home energy solutions that manage energy generation, energy storage and control and communications on one platform. Its Enphase Energy System brings a high technology, networked approach to solar generation plus energy storage, by leveraging its design for power electronics, semiconductors and cloud-based software technologies. Its integrated approach to energy solutions increases a home energy potential while, providing advanced monitoring and remote maintenance capabilities. The Enphase Energy System uses a single technology platform for seamless management of the whole solution, enables rapid commissioning with the Enphase Installer Application, consumption monitoring with Enphase IQ Gateway with IQ Combiner+, Enphase Application, a cloud-based energy management platform and its IQ Battery. Its commercial systems have been deployed in approximately 145 countries.
