Enphase(ENPH)

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Enphase Energy Announces Expanded Deployments of IQ Microinverters and IQ Batteries Manufactured in the United States
GlobeNewswire· 2025-05-01 12:00
Enphase has deployed more than 6.5 million IQ Microinverters and 50 MWh of IQ Batteries manufactured in the U.S. with domestic and imported componentsFREMONT, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced it has shipped more than 6.5 million IQ® Microinverters and 50 MWh of IQ® Batteries from U.S. contract manufacturing facilities. Approximatel ...
Enphase Energy Enters the Solar Market in Japan with IQ8 Microinverters
GlobeNewswire News Room· 2025-04-28 12:00
FREMONT, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced production shipments of IQ8™ Microinverters in Japan through a distribution agreement with ITOCHU Corporation (ITOCHU), one of the largest trading companies in the country. Starting April 1, 2025, Tokyo became the first Japanese city to mandate rooftop solar on all new homes built by larg ...
Enphase Q1: It Pays To Be Contrarian
Seeking Alpha· 2025-04-26 12:30
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4 Reasons Enphase Downtrend Won't End in 2025; 1 That It Will
MarketBeat· 2025-04-24 11:30
Enphase Energy TodayENPHEnphase Energy$45.18 -8.25 (-15.43%) 52-Week Range$44.88▼$141.63P/E Ratio61.06Price Target$73.95Add to WatchlistEnphase NASDAQ: ENPH is a good company with a solid product that the solar power industry needs. Its microinverter products allow smaller businesses and homeowners to harness the sun's power efficiently. They maximize output for solar panel arrays, allowing each panel to operate independently of the others. However, forces in place will keep this stock moving lower in 2025 ...
Why Enphase Plunged On A Day When the Markets Surged
The Motley Fool· 2025-04-23 18:43
Shares of solar inverter leader Enphase Energy (ENPH -15.33%) plunged on Tuesday, down 14.2% as of 12:11 PM EDT, which was all the more notable as the Nasdaq Composite was up by a big 2.6% at that time.Enphase not only missed analyst estimates for the quarter, but also guided below estimates for the current second quarter. Moreover, tariffs threaten the company's margins later in the year.Enphase whiffsIn the first quarter, Enphase reported 35.2% revenue growth to $356.1 million, along with adjusted (non-GA ...
Enphase Energy Q1 Earnings Miss Estimates, Revenues Rise Y/Y
ZACKS· 2025-04-23 16:25
Enphase Energy, Inc. (ENPH) reported first-quarter 2025 adjusted earnings of 68 cents per share, which increased 94.3% from 35 cents reported in the prior-year quarter. However, the bottom line missed the Zacks Consensus Estimate of 71 cents by 4.2%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Including one-time adjustments, the company posted GAAP earnings of 22 cents per share against the loss of 12 cents incurred in the year-ago quarter.The year-over-year earnings improvement ...
Renewable Energy Stock Suffers as Analysts Pile On
Schaeffers Investment Research· 2025-04-23 14:40
Enphase Energy Inc (NASDAQ:ENPH) stock is sitting out the broad-market rally today, last seen down 6.8% to trade at $49.98. The renewable energy equipment company reported first-quarter earnings and revenue that fell short of expectations, with CEO Badri Kothandaraman citing tariffs as an impediment to business, potentially reducing gross margins by 2% in the second quarter. ENPH earlier hit a five-year low of $45.21, and is now down 28% in 2025. In response, no fewer than eight brokerages trimmed their pri ...
Enphase Energy: Mediocre Quarter, Muted Outlook - Hold
Seeking Alpha· 2025-04-23 02:28
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Enphase(ENPH) - 2025 Q1 - Earnings Call Transcript
2025-04-23 01:22
Financial Data and Key Metrics Changes - The company reported quarterly revenue of $356.1 million, with a gross margin of 49% and operating income of 27% on a non-GAAP basis [8][9][52] - Non-GAAP gross margin decreased to 48.9% from 53.2% in the previous quarter, primarily due to lower bookings and product mix [52] - GAAP net income for Q1 was $29.7 million, resulting in GAAP diluted earnings per share of $0.22, down from $0.45 in Q4 [55][56] Business Line Data and Key Metrics Changes - Approximately 1.53 million microinverters and 170.1 megawatt hours of batteries were shipped in Q1 [8][51] - The company expects to ship between 160 and 180 megawatt hours of IQ Batteries in Q2 [59] - The average call wait time for customer service increased slightly to 3.5 minutes due to winter storms [10] Market Data and Key Metrics Changes - US revenue decreased by 13% in Q1 compared to Q4, primarily due to seasonality and softening customer demand [17] - In Europe, revenue increased by 7% in Q1, driven by the shipment of the FlexPhase battery in Germany [19] - The US and International revenue mix for Q1 was 74% and 26%, respectively [16] Company Strategy and Development Direction - The company is focused on product innovation, quality, and customer experience, with plans to introduce new products like the fourth generation battery and IQ EV charger [18][47] - The company aims to diversify its supply chain to mitigate the impact of tariffs, with a goal to fully offset the impact by Q2 2026 [15][71] - The strategy includes expanding the served available market in Europe and introducing a full product portfolio across more countries [26][48] Management's Comments on Operating Environment and Future Outlook - Management noted that the US solar market is under pressure from high interest rates, but there are encouraging signs in California with growing confidence among installers [18] - The company expects Q2 revenue to be in the range of $340 million to $380 million, including approximately $40 million from a safe harbor sales agreement [59] - Management expressed optimism about capturing market share in the battery market with the new fourth generation battery [80] Other Important Information - The company repurchased 1,594,105 shares at an average price of $62.71 per share for a total of approximately $100 million [56] - The company has identified tangible sourcing options outside China to mitigate tariff impacts [71] Q&A Session Summary Question: Regarding Q2 guidance and tariff impacts - Management confirmed that the Q2 guidance includes a 2% gross margin headwind from tariffs, with an expected increase to 6% to 8% in Q3 due to the impact of tariffs on battery cell packs [63][64][71] Question: Demand trends and clarity around IRA - Management acknowledged that the lack of certainty is affecting demand, but noted that bookings are currently healthy at about 80% [75][76] Question: Revenue cadence and margin trajectory - Management did not provide specific guidance for Q3 or Q4 but indicated that new product introductions and seasonal trends could positively impact revenue [85][89] Question: Battery shipment volumes and margins - Management expects to continue growing battery shipments, with a focus on reducing overall system costs despite potential price increases for the battery itself [100][101] Question: Supply chain adjustments and raw materials - Management confirmed that they are maintaining LFP chemistry for batteries and are working on qualifying new cell sources outside China [110] Question: Q2 guidance and booking confidence - Management stated that the current booking level of 80% is solid and expects to be fully booked soon [112] Question: Market share gains and pricing strategy - Management highlighted the importance of value propositions like VPP functionality to improve ROI for homeowners and gain market share [117][118]
Enphase Energy (ENPH) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2025-04-22 22:25
Enphase Energy (ENPH) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.23%. A quarter ago, it was expected that this solar technology company would post earnings of $0.75 per share when it actually produced earnings of $0.94, delivering a surprise of 25.33%.Over the last four quarte ...