Enphase Energy, Inc. (ENPH) is scheduled to report third-quarter 2024 results on Oct. 22, after the closing bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last reported quarter, the company's earnings missed the Zacks Consensus Estimate by 12.24%. Enphase Energy has a trailing four-quarter average negative earnings surprise of 7.23%. Factors to Note ENPH has been experiencing a broad-based slowdown in demand for its products across the United States since the second q ...

With 17 days to Election Day, analysts are eyeing renewable energy companies as potential market movers postelection. JPMorgan's Mark Strouse has his sights set on First Solar Inc FSLR, NextEra Energy Inc NEE, and Enphase Energy Inc ENPH. Depending on the outcome on Nov. 5, these companies could either ride a relief rally or face some uncertainty. Either way, there's action on the horizon. Read Also: What's Going On With First Solar Stock? 'Knee-Jerk Relief Rally' For The Election Darlings? Two potential el ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Enphase Energy (ENPH) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 22, 2024, might help the stock move higher if these key numbers are better th ...

Enphase Energy Inc (NASDAQ:ENPH) is slumping in pre-market trading, last seen 1.8% lower after a bear note from RBC Capital Markets. Citing a "slower pace of growth next year not reflected in current consensus estimates," the analyst in coverage downgraded the manufacturer of solar micro-inverters and electric vehicle (EV) charging station to "sector perform" from "outperform" and lowered its price target to $100 from $125. Heading into today, analyst sentiment was looking upbeat despite Enphase Energy stoc ...

Oliver Rodzianko is an investment analyst specializing in the technology sector, with a focus on artificial intelligence, semiconductors, software, and renewable energy. He has earned a strong reputation on Seeking Alpha, where he is frequently featured in the platform's "Must Reads." His work is also syndicated by GuruFocus to Forbes, expanding his visibility in the financial community. Oliver also occasionally writes for TipRanks, where he delivers deep, high-quality analysis for advanced readers. His res ...

Enphase Energy (ENPH) ended the recent trading session at $100.98, demonstrating a +1.8% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.61%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 0.33%. Shares of the solar technology company have depreciated by 6.27% over the course of the past month, underperforming the Oils-Energy sector's loss of 2.26% and the S&P 500's gain of 5.36%. Market participants will be ...

Enphase Energy, Inc. (ENPH) recently launched its latest IQ8X Microinverters in the solar market of Australia. The IQ8X Microinverters, which come with peak output alternating current (AC) power of 384 watts (W), can support higher-powered solar modules. This launch reflects yet another effort of Enphase Energy to expand its footprint in the rising global solar market. Significance of Enphase's IQ8X Microinverters ENPH's IQ8X are the first microgrid-forming microinverters in the industry that can effectivel ...

Benefits from the Inflation Reduction Act (IRA) should continue to be a notable growth catalyst for U.S. solar stocks. However, fewer-than-expected reductions in interest rates, as well as China's dominance in the field of solar panel manufacturing (leading to price decline), may hurt the near-term prospects. Nevertheless, impressive solar installations in the United States, along with near-term projections reflecting a similar growth trend in 2024, should bode well for U.S. solar stocks. A few notable fore ...

FREMONT, Calif., Oct. 09, 2024 (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, announced today that it is expanding its support for grid services programs – or virtual power plants (VPPs) – in New Hampshire, North Carolina, and California, powered by the new IQ® Battery 5P. Grid services programs are managed by regional utilities and use energy stored in home batteries to help power ...

Enphase Energy (ENPH) closed the most recent trading day at $116.69, moving -0.26% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.25% for the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.56%. The solar technology company's shares have seen a decrease of 4.56% over the last month, not keeping up with the Oils-Energy sector's loss of 0.05% and the S&P 500's gain of 1.65%. The investment community will be paying close att ...