Enphase Energy, Inc. which can be found using ticker (ENPH) now have 35 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $255.00 and $69.00 calculating the mean target price we have $131.74. Given that the stocks previous close was at $127.01 this would indicate that there is a potential upside of 3.7%. It’s also worth noting that there is a 50 day moving average of $118.87 while the 200 day moving average is $129.91. The company has a market cap of 17.60B. The current share price for the company is: $129.66 USD
The potential market cap would be $18,258,050,932 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 41.96, revenue per share of $16.80 and a 8.92% 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.
