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Provides solar microinverter systems and energy management solutions that can supply renewable power to AI data centers and infrastructure.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer energy
Category 1.40 Renewable Energy Equipment
Sentiment 42.0%
USD Mkt Cap4.80B
USD Revenue1.33B
USD Net Income134.02M
P/E36.35
fwd P/E15.98
PEG0.79
Price 3M-32.4%
Price 6M-16.2%
Price 1Y-1.9%
Price 2Y-66.4%
USD Share Price36.92
Price History
Price & Size
Price 36.35 USD
Market Cap 4.80B USD
Shares Outstanding 132.14M
Shares Float 128.14M
52w Low 25.78 USD
52w High 73.74 USD
Avg Volume 5.08M
Valuation
P/E (trailing) 36.4x
P/E (forward) 16.0x
P/B 4.06x
Enterprise Value 4.48B USD
Book Value / Share 8.94 USD
PEG Ratio 0.79x
P/S 3.62x
EV / Revenue 3.37x
EV / EBITDA 23.35x
Income
Revenue 1.33B USD
Revenue / Share 10.12 USD
EBITDA 191.79M USD
Net Income 134.02M USD
EPS (trailing) 1.00 USD
EPS (forward) 2.27 USD
Margins & Profitability
Gross Margin 30.0%
Operating Margin 18.0%
Profit Margin 10.1%
EBITDA Margin 14.4%
Return on Equity 13.0%
Return on Assets 2.4%
Growth
Revenue Growth -19.6%
Earnings Growth -3.5%
Cash & Debt
Total Cash 937.71M USD
Total Debt 613.36M USD
Free Cash Flow 78.32M USD
Operating Cash Flow 204.69M USD
Debt / Equity 0.52x
Current Ratio 3.45x
Quick Ratio 2.53x
Dividend
Payout Ratio 0.0%
Risk
Beta 1.64
Analyst Consensus
Target (Mean) 53.23 USD
Target (Median) 47.00 USD
Target (High) 212.00 USD
Target (Low) 27.00 USD
Recommendation buy
# Analysts 27
Identifiers
ISINUS29355A1079
CUSIP29355A107
FIGIBBG000Q7W9X4
SEDOLB3N6N97
Sentiment 42.0%
Positive drivers

Growing adoption of solar-plus-storage solutions in residential markets has supported some optimism. New software updates enhancing system efficiency received positive analyst coverage. Strategic partnerships in Europe showed early signs of revenue diversification.

Neutral / mixed

Investors await the upcoming Q3 earnings release amid broader economic uncertainty. Regulatory developments in clean energy incentives remain pending without clear near-term impact. Stock price movements have largely tracked sector indices without standout company-specific catalysts.

Negative drivers

Persistent high interest rates have dampened demand for solar installations, pressuring margins. Increased competition from Chinese inverter manufacturers eroded market share. Supply chain disruptions and elevated inventory levels led to downward revisions in guidance.

Bottom line

Sentiment for ENPH is mildly negative over the period, reflecting demand softness and competitive pressures outweighing limited positive developments in software and partnerships.