Enphase Energy Inc is one of the leading global energy companies in the United States. Based out of Fremont, CA, Enphase Energy has become a leading global supplier of advanced micro-inverter battery and solar systems. Whether it’s for residential or commercial purposes, these systems make it possible to harness the power of the sun in order to save, sell, and use their own power. And the best part is that you can control this power through a dedicated mobile app. sometime wrongly called “nface energy”.
When it comes to energy-efficient firms, Enphase Energy has managed to revolutionize the global solar sector through its micro-inverter tech solutions. In fact, Enphase Energy offers all-in-one micro-inverter-based solutions that can work as independent and all-in-one battery or solar solutions. Since the inception of the company, Enphase has managed to ship over 45 million micro-inverters. In addition, up to 2 million developed systems have been supplied by Enphase Energy across 135 countries.
- 1 Enphase Energy Inc Statistical Overview
- 2 How to Invest in ENPH Stocks?
- 3 Where to Buy ENPH Stock?
- 4 Conclusion
Enphase Energy Inc Statistical Overview
ENPH Stock Forecast 2022
In Q2 2022, Enphase Energy manages to surpass bottom and top-line expectations altogether. In fact, analysts predict that the Q2 growth of the company would be bigger and better than the Q1 2022. After an incredible Q1, Wall Street now sees a significant upside for ENPH stock.
By March 30, 2022, there was strong excitement among investors to buy energy and solar stock. With solid Q1 earnings, Enphase Energy was leading the charge as one of the best stocks in the market. As of now, ENPH stock stands at $169.55 with a balanced trajectory.
On April 17, 2022, the ENPH stock did, in fact, decline by 0.77%. But investors continue to expect more return on their investment from ENPH stock. There is more than one element that fuels the bull’s enthusiasm and part of it has to do with the impressive future outlook of ENPH in Q2, Q3, and Q4 2022.
In fact, the positive sentiment of Wall Street paired with market analysis hints that investors are expecting high earnings and stock returns after Q3 and Q4 in 2022. As per Enphase Energy, the annual targeted ENPH stock price is around $170.51 with a 52-week highest stock streak of $282.46.
In 2022, ENPH stock has managed to surpass the expectations of analysts with $432.3 million in reported top-line Q1 earnings. In fact, the reported sales of Enphase Energy in Q1 are over $441 million which is a new quarterly revenue record for the company.
Plus, the company has increased its entire annual shipment of micro-inverters systems by 16%. It means Enphase has the capacity to fulfill more market demand and, in turn, drive more growth. In fact, the shipment of energy storage solutions has increased by 187%. At its core, all these factors have had a positive impact on the ENPH stock levels in Q1 and Q2 2022.
After the record-high reported top and bottom-line earnings, shares of Enphase Energy increased by 7.7% on April 26, 2022. Amidst the Ukraine-Russia conflict, the energy company now prioritizes the expansion of its distribution in the European market.
In the last month, the solar company has managed to triple down its position in the market and now wants to surpass the forecast of analysts. Badri Kothandaraman, CEO of Enphase Energy, concurs that the company expects 40% growth by the end of the second quarter in Europe.
And contrary to misguided market perception, Enphase Energy continues to resolve supply chain issues to make the distribution of its solutions easier across Europe. According to market analysts and our team of experts, the future outlook of Enphase Energy looks promising in the next four quarters.
Investors can count on continued high returns on their ENPH. With rising quarterly revenue, profit margins, and sales, Enphase Energy will be able to achieve its long-term growth objectives faster. In hindsight, Enphase Energy is off to a solid Q2 start in 2022.
The market and investors have more confidence in ENPH stock now and expect high returns throughout 2022. As of 2022, Enphase Energy has operations in Belgium, France, Netherlands, Germany, Italy, Portugal, and Spain. But high revenue streams, consistent investments, and profitability continue to influence the company to roll out more expansion plans across Europe.
Although the traditional focus of Enphase Energy has been the just U.S., it now wants to focus on European regions to increase quarterly earnings and sales. Enphase Energy is concerned about the supply chain problems like shortage of components and rising freight rates that might create distribution and production hurdles for the company.
ENPH Stock 2020
Before 2021, ENPH stock was devalued and market perception was more or less mixed. But throughout Q1 2021, ENPH stock was overvalued by almost 30% and recorded its highest stock price of $172 on March 30, 2021. It was changing market perception and increased demand for solar and energy solutions that rendered more opportunities for Enphase Energy in 2021.
And before the investors and the company realized it, the stock price of ENPH was increasing at a faster pace. At the start of 2021, it became clear that investors were looking for energy and solar stocks with long-term potential. Apart from the intrinsic value of the stock, the long-term investment potential in ENPH managed to convince a lot of investors.
In 2021, Enphase Energy was expected to double its annual profit margins and many investors managed to leverage this opportunity and bought ENPH stocks. With consistent higher cash flow, the ENPH stock is bound to result in a higher stock valuation. In November 2021, ENPH managed to cross the threshold of $272.50 in the stock price in the market. Investors are now expecting that the ENPH stock would likely exceed this mark by the end of Q3 2022.
ENPH Stock 2020
The pandemic year had the opposite effect on companies providing energy and solar-powered solutions. According to most stock market analysts, ENPH stock had a significant boost in 2020 due to the high demand for the distribution and production of energy.
By the end of Q1 2020, the ENPH stock was no longer a high-risk investment. And by the end of Q2 2020, ENPH stock started to stand out and became one of the best solar and energy stocks in the market. In 2020, Enphase Energy also managed to strengthen its financial position and successfully executed expansion plans.
The truth is that 2020 became a growth starting year for Enphase Energy to drive unprecedented financial bump and increase its stock levels in the market. At this stage, many investors started to devise new strategies to invest in energy and solar stocks like ENPH.
By December 31, 2020, Enphase Energy realized that more growth has yet to come. What’s interesting is that the growth potential of the company and its stock price promised long-term results for investors. And after the reported earnings of Q4 2020, many investors jumped aboard the train of ENPH stock.
Like other sectors, during the COVID-19 pandemic crisis, there was high volatility in the energy and solar markets. But some companies like Enphase Energy managed to leverage the situation and paid close attention to market indicators that led to consistent growth and a significant increase in its stock levels.
ENPH Stock 2012-2019
When Energy Enphase went public back in March 2012, there were a lot of eager and enthusiastic investors who easily paid $6 per share for almost 9 million shares. But for six consecutive years, Enphase Energy managed to hold on to this price point.
In fact, this period was arguably the most challenging time for Enphase Energy. By December 31, 2013, Enphase Energy’s shares were traded for even less than $4 on NASDAQ. At the start of 2014, Enphase Energy had already lost 1/3rd of its IPO stock price.
But from 2016 to 2018, the stock price of Enphase Energy was at an all-time low. By December 30, 2014, ENPH hit some highs, but they are nowhere near as high as current stock levels. In the last decade, the highest stock price of ENPH was just $17.35.
How to Invest in ENPH Stocks?
A few years ago investing in ENPH stocks may not have been a great idea. But since the pandemic crisis, Enphase Energy has managed to turn the tables on some of the best players in the energy sector. And the more information you learn about ENPH stocks, the better investment decisions you can make.
Focus on historical performance, ENPH stock forecast, and technical analysis to make the right judgment call. Your objective should be to understand the cause and effect of different ups and downs in ENPH stock. For the most part, external factors like supply chain, acquisitions, partnerships, and regulatory issues have had a direct impact on the ENPH stock.
Where to Buy ENPH Stock?
In 2022, buying or investing in energy and solar stocks comes with long-term high returns. However, it is crucial for investors to opt for high-performance stocks like ENPH to render high ROI. You can use the eToro platform to buy or invest in more than one energy stock.
As online brokers go, eToro is an all-in-one and comprehensive tool. In fact, eToro is arguably the most simplified online broker solution that doesn’t compromise on built-in features and smooth navigation. From new to experienced investors, using eToro has become a new standard. The tool, after all, allows investors to make instant investments and save time to monitor changing market dynamics.
Here’s how you can open a new eToro account and make the most out of the online broker solution:
Step 1: Open an Account
First, fill out the official application form with the required information to open a dedicated eToro account.
Step 2: Upload ID
Second, upload proper ID like a passport, driver’s license, utility bill, or last 3 months’ bank statement.
Step 3: Make a Deposit
Third, despot sufficient funds into your eToro account to start buying or investing in energy stocks. You can use a PayPal account, debit/credit card, or bank wire transfer to deposit funds.
Step 4: Search for ENPH Stocks
Fourth, deposit sufficient funds into your new eToro account to buy energy stocks. After buying ENPH stock, click “trade” in order to process your stock order. You can also take advantage of the trading ticket to set predetermined profit and stop-loss thresholds.
Step 5: Buy ENPH Stocks
Enphase Energy has had a strong market position and upward stock trajectory due to a consistent ambitious drive. In fact, the company is more optimistic than ever about its financial outlook, leveraging potential opportunities, and fulfilling market expectations. In 2022 and beyond, the stock price of ENPH is bound to bump up and would further propel the company to expand performance parameters.
In the past, Enphase Energy has had several joint partnerships on different projects, but now it wants to focus on more effective collaborations to manufacture the more complex micro-inverters in the American and European markets. But apart from future expectations and long-term goals, Enphase Energy’s progressive approach to anticipate challenges, address risks, and navigate market uncertainties will continue to strengthen the company.
Enphase Energy understands that more expansion means more comprehensive solutions and fulfilling more complex obligations. In retrospect, Enphase Energy emphasizes a more strategic and collaborative approach to drive unprecedented growth and improve its stock levels.
TrustPedia is a financial portal-based research agency. We do our utmost best to offer reliable and unbiased information about crypto, finance, trading and stocks. However, we do not offer financial advice and users should always carry out their own research.Read More