Enphase reports weaker quarter, and this time its U.S. business is not the problem
Enphase Energy Inc. shares fell more than 12% in the extended session Tuesday after the maker of solar microinverters and battery systems reported weaker quarterly results and called for lower sales ahead.
Enphase Energy Stock Slides on Quarterly Miss
Shares of Enphase Energy Inc (NASDAQ:ENPH) are gapping lower today, after the energy technology company missed third-quarter earnings and revenue estimates. At last glance, the stock was down 13.7% at $79.61 and headed for its largest single-day percentage drop since last October.
Enphase Energy's Q3: Big Revenue Drop
Enphase Energy's year-over-year revenue decline poses a challenge.
Enphase Energy Reports Financial Results for the Third Quarter of 2024
Our non-GAAP operating expenses were $81.6 million in the third quarter of 2024, compared to $81.7 million in the second quarter of 2024. Our non-GAAP operating income was $101.4 million in the third quarter of 2024, compared to $61.1 million in the second quarter of 2024.
Enphase Energy downgraded ‘back’ to Sell at Guggenheim after Q3 report
As previously reported, Guggenheim downgraded Enphase Energy (ENPH) “back” to Sell from Neutral with a $73 price target following the release of
Why is Enphase Energy Stock Selling Off Today?
Shares of Enphase Energy (ENPH), the leading supplier of microinverter-based solar-plus-storage systems, are down about 17% in the pre-market session today. This notable drop in ENPH stock follows the company's disappointing quarterly results last night,
Enphase Energy Stock Is Diving Wednesday: What's Going On?
Enphase Energy Inc (NASDAQ:ENPH) shares are trading lower Wednesday after the company reported worse-than-expected financial ...
Enphase Energy price target lowered to $85 from $104 at Susquehanna
Susquehanna lowered the firm’s price target on Enphase Energy (ENPH) to $85 from $104 and keeps a Neutral rating on the shares. The firm ...
Enphase's Q3 Valuation Contraction Is An Ideal Entry Point
Despite European revenue decline, Enphase's US revenue grew 43% QoQ. Read why ENPH stock offers a prime buying opportunity ...
Why Is Enphase Stock Crashing After Earnings?
In this video, I will go over Enphase 's ( ENPH 2.00%) third-quarter earnings and explain why the stock is down. Check out the short video to learn more, consider subscribing, and click the special ...
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Enphase Energy’s (ENPH) Rollercoaster Ride: What’s Next for Investors?
Looking ahead, Enphase provided a cautiously optimistic outlook for the fourth quarter of 2024, estimating revenue between $360 million and $400 million. The guidance includes anticipated shipments of ...
Enphase Energy: More Pain Ahead
Enphase Energy's Q3 results disappointed investors, with concerns over growth potential and an overvalued stock. Read more on ...
Enphase forecasts fourth-quarter revenue below expectations on muted demand
Solar inverter maker Enphase Energy forecast fourth-quarter revenue below Wall Street expectations on Tuesday due to weak demand in some markets, sending its shares down 9% after the bell.
‘Arguably the largest cardboard structure of its kind’: Enphase Energy and Opal set up awe-inspiring activation, via The Sphere Agency
Sustainable packaging company, Opal, and international energy technology organisation, Enphase Energy, erected a wholly ...
Enphase Energy: Navigating Short-Term Challenges with Strategic Positioning and Market Recovery Potential
Analyst Christine Cho CFA from Barclays maintained a Buy rating on Enphase Energy (ENPH – Research Report) and decreased the price target ...