Shares of Enphase Energy (NASDAQ:ENPH) fell as much as 6.6% in trading Wednesday after an analyst changed their price target. Since the Enphase Energy has been rising for 7 days in a row, the risk over the next couple of days has increased. Find the latest Enphase Energy, Inc. (ENPH) stock quote, history, news and other vital information to help you with your stock trading and investing. JPMorgan analysts raised their price target on the stock from $99 per share to $146 per share and kept an overweight rating on the stock. Why Enphase Energy Stock Popped 6% Today fool.com - October 5 at 12:12 PM: B of A Securities Initiates Coverage On Enphase Energy with Buy Rating, Announces Price Target of $93 benzinga.com - October 2 at 5:46 PM: Why Enphase Energy Stock Just Jumped 6.5% fool.com - October 1 at 12:51 PM: Return On Capital Employed Overview: Enphase Energy Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Volatility is to be expected for solar energy stocks right now, and it's not surprising to see a down day after a great run higher this year. The stock might see strong trading ahead of its Q3 earnings. As of 12:30 p.m. EST, shares of Bloom are up 12.4%, Clean Energy stock is up 11.8%, and even Enphase is hanging onto a 3% gain (after being up more than 6% earlier in the day). Wall Street Stock Market & Finance report, prediction for the future: You'll find the Enphase Energy share forecasts, stock quote and buy / sell signals below. What's happening at Enphase On June 17th the stock of Enphase was getting sold off hard by investors who caught wind of a sho Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Enphase Energy Shares Plunged 6.6% on Wednesday @themotleyfool #stocks $ENPH, Why Enphase Energy Stock Popped as Much as 10% This Morning, Why Renewable Energy Stocks Plunged on Monday, Why CBAK Energy, Plug Power, and Enphase Energy Stocks Popped Friday, Why Enphase Energy, Westport Fuel Systems, and Blink Charging Stocks Were Hopping on Monday, Copyright, Trademark and Patent Information. That's what we're seeing today. The only question now is whether Enphase stock, at a valuation of 82 times free cash flow and 99 times reported earnings, is too expensive. 10 stocks we like better than Enphase. Long-term investors are just getting a lower price than they would have been able to get yesterday. There is a buy signal from a pivot bottom found 19 days ago.) Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. High-growth solar stocks Enphase Energy (NASDAQ: ENPH) and SolarEdge Technologies (NASDAQ: SEDG) have been on incredible runs this year. Some naysayers believe that Enphase shares have risen too far too fast, with the stock up almost 600% in just a single year. ... Why CBAK Energy, Plug Power, and Enphase Energy Stocks Popped Friday. Why Enphase Energy Stock Popped as Much as 10% This Morning Despite an already sky-high valuation, Wall Street has decided that Enphase is a buy. Enphase Energy (NASDAQ: ENPH) stock gained more than 10% in morning trading Friday before retreating to about a 3% gain as of 12:40 p.m. EST. SolarEdge shares are up 186%, while Enphase stock … ... From start-up to global energy technology innovator. Enphase is still well-positioned to grow on the back of an improving solar industry, and that thesis hasn't changed today. Returns as of 12/12/2020. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After burning cash for three straight years, Enphase finally turned cash-profitable in 2018, then GAAP profitable in 2019. Enphase Energy Inc. (NASDAQ:ENPH) Q1 2020 Results Earnings Conference Call May 5, 2020, 04:30 PM ET Company Participants Adam Hinckley - Investor Relations Badri Kothandaraman - … On Wednesday, analysts at investment bank JP Morgan raised their price target on Enphase stock by nearly 50%, from $99 a share to $146. Turning out attention to how the Enphase Energy, Inc. stock has performed in comparison to its peers in the industry, here’s what we find: ENPH’s stock is -0.87% on the day and +436.37% in the past 12 months, while Solaredge Tech (SEDG) is trading +2.33% in the latest session and is positioned +231.61% up on its price 12 months ago. They're not wrong. (In other words, the business is even more profitable than it looks). According to present data Enphase Energy's ENPH shares and potentially its market environment have been in … Our benchmark index, the S&P 500 is down -4.11% YTD. Here's Why You Should Add Enphase Energy (ENPH) Stock Now. ENPH | Complete Enphase Energy Inc. stock news by MarketWatch. Shares closed the day down 5.6%. "The sun delivers more power to the Earth in one hour than all of humanity uses in one year" The Portfolio The portfolio is UP +16.46% YTD. … (In other words, the business is even more profitable than it looks). Their buy thesis is that the same alternative energy stocks that performed so well in 2020 will "accelerate" in 2021 (reports TheFly.com) as government subsidies begin flowing to companies that are already doing quite well on a "merit-based" evaluation. View real-time stock prices and stock quotes for a full financial overview. Then on Thursday, peer investment bank Piper Sandler joined the chorus, initiating coverage of Enphase with an overweight rating and an even more optimistic $150 price target. ENPH: Get the latest Enphase Energy stock price and detailed information including ENPH news, historical charts and realtime prices. Enphase Setup Use Enlighten Manager to set up your company, create and activate a system, build an array layout, and remotely monitor, manage and maintain multiple systems. See you at the top! Shares of Enphase Energy (NASDAQ:ENPH) fell as much as 6.6% in trading Wednesday after an analyst changed their price target. As a highly volatile stock in general, Enphase Energy will often exaggerate the market's moves on a short-term basis. Returns as of 12/12/2020. At the close of trading, the stock’s price was $138.65, to imply an increase of 5.67% or $7.44 in intraday trading. As we cannot be certain with regards to the size of the reaction, we urge caution. Learn the basics of Enphase's history, core values, and innovations - both now and what lies ahead for the company. In early afternoon trading Friday, the stock was in the neighborhood of $135. View ENPH historial stock data and compare to other stocks and exchanges. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Outpacing the S&P 500's climb last month, shares of Enphase Energy skyrocketed as investors took notice of the company's actions in working to … Enphase Energy (ENPH) is a promising pick for investors, courtesy of these four factors. Shares closed the day down 5.6%. Given that there wasn't any significant news and there was actually an analyst upgrade today, I wouldn't worry too much about the drop in shares. Enphase Energy Inc is a great tech stock when it comes to long-term growth. Shares closed the day down 5.6%. Over the past 12 months, the company has racked up GAAP profits of $178 million and positive free cash flow of $215 million. After all, the newsletter they have run for over a … Still, it was the second straight day of gains for the solar power microinverter company, and investors have Wall Street analysts to thank. See you at the top! So why did shares drop? SolarEdge Stock Is Falling, While Enphase Shares Are Going Up: Here's What One Investor Is Doing. But following earnings in October, shares of SolarEdge fell sharply, while Enphase's stock … Stock Advisor launched in February of 2002. Enphase Energy Inc. advanced stock charts by MarketWatch. The news wasn't all bad for Enphase Energy today. Why Virgin Galactic Stock … Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Enphase Energy Stock Popped as Much as 10% This Morning @themotleyfool #stocks $ENPH, Why Enphase Energy Shares Plunged 6.6% on Wednesday, Why Renewable Energy Stocks Plunged on Monday, Why CBAK Energy, Plug Power, and Enphase Energy Stocks Popped Friday, Why Enphase Energy, Westport Fuel Systems, and Blink Charging Stocks Were Hopping on Monday, Copyright, Trademark and Patent Information. Share your opinion and gain insight from other stock traders and investors. Stock in the space this year with a more-than-600 % gain shares Going. Inc. stock news by MarketWatch and investors market 's moves on a short-term basis and Web Group... Enphase Energy ( ENPH ) stock Now, and that thesis has n't changed.. The news was n't all bad for why is enphase stock up Energy today Howard Smith 11/4/2020 stocks and.... Not be certain with regards to the size of the reaction, we urge.. 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