Added to YB: 2025-05-15
Pitch date: 2025-05-13
ENPH [bullish]
Enphase Energy, Inc.
-31.21%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$3.8B
Pitch Price
$45.60
Price Target
85.00 (+164%)
Dividend
N/A
EV/EBITDA
11.94
P/E
19.90
EV/Sales
2.32
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Navigating the Solarcoaster: An Equity Report on Enphase Energy
ENPH: Microinverter leader evolving into home energy solutions provider. Revenue fell 42% in 2024 to $1.33B after 2020-22 hyper-growth. Margins supported by IRA tax credits but facing 6-8% tariff hit on Chinese battery components. Bull: strong tech, secular trends. Bear: competition, policy shifts. IRR 18-22% at $46 with 30x P/E exit.
Read full article (21 min)