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ENPH

Enphase Energy, Inc.
$43.07 -6.02 (-12.26%) At close · Jul 2
Market Cap
$5.68B
Shares
131,798,220

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$43.07 Open$46.87 Day$42.32–47.60 52W$25.78–73.74 Avg vol 30d7.8M Short int24.2M · 18.4% float · 3.5d Short vol51% Last earningsApr 28, 2026 DataJan 2020–Jul 2026 Filing10-Q · Apr 28
Equibles Rating blended score · not investment advice
Overall
Neutral
Technical · trend & momentum Sell
50 / 200-day cross no cross
+ Price vs 200-day avg +9% above
Price vs 50-day avg −12% below
RSI (14) 38 · neutral
MACD trend negative
52-week position 36% · mid-range
Sentiment · smart money Bullish
Trend (MA cross) 50d $49 › 200d $40 — 50d above 200d
Institutional flow 7 of 498 funds reported for Jun 30 · net -617 sh shares · +1 new
+ Insider flow Net +$314.0K over 90 days · 33% sells
+ Short interest 18.37% of float · ▼ -9.5% MoM · 3.5 days cover
Volume signal Volume near normal
Institution breadth 498 holders — mid 3-yr range
Fundamentals Strong
+ Revenue growth +11% Y/Y
+ Gross margin 47%, contracting
+ EPS growth +72% Y/Y
+ Free cash flow $95.9M
Valuation P/E 42.6 · rich
+ Buyback $268.7M remaining
Balance sheet net debt $730.1M

Blended from price, positioning & fundamentals · daily-close · not investment advice.

Up next
Next earnings call
Aug 1, 2026 Est · unconfirmed · in 4 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Apr 28, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Guidance & track record
      Latest guidance · from the 8-K filed Apr 28, 2026
      Revenue to be within a range of $280.0 million to $310.0 million · the second quarter of 2026 Initiated $280M – $310M
      prior qtr $282.9M midpoint +4.3% QoQ
      GAAP gross margin to be within a range of 42.0% to 45.0% · the second quarter of 2026 Initiated 42% – 45%
      Non-GAAP gross margin to be within a range of 44.0% to 47.0% · the second quarter of 2026 Initiated 44% – 47%
      GAAP operating expenses to be within a range of $120.0 million t · the second quarter of 2026 Initiated $120M – $124M
      Non-GAAP operating expenses to be within a range of $75.0 millio · the second quarter of 2026 Initiated $75M – $79M

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Sell
      2 · 3 · 1
      50 / 200-day cross
      no cross Neutral
      Price vs 200-day avg
      +9% above Bullish
      Price vs 50-day avg
      −12% below Bearish
      RSI (14)
      38 · neutral Neutral
      MACD trend
      negative Bearish
      52-week position
      36% · mid-range Neutral
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $49 › 200d $40 — 50d above 200d
      Institutional flow Distributing
      7 of 498 funds reported for Jun 30 · net -617 sh shares · +1 new
      Insider flow Accumulating
      Net +$314.0K over 90 days · 33% sells
      Short interest Falling
      18.37% of float · ▼ -9.5% MoM · 3.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      498 holders — mid 3-yr range
      Price context
      position in its 52-week range
      52-wk low $26 Now $43 · 36% 52-wk high $74
      vs 200-day avg +9% vs 50-day avg -12%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Agreements executed year-to-date with third-party owners (total) $843.6M Q1 2026
      Capital expenditures $19.9M Q1 2026
      Cash flow from operations $102.9M Q1 2026
      IQ Batteries shipped from Texas manufacturing facility 49.5 Q1 2026
      Microinverters shipped from U.S. manufacturing facilities (Section 45X PTCs) 1.39M Q1 2026
      Non-GAAP operating income non-GAAP $47.3M Q1 2026
      Customer accounts served by IQ Meter Collar-approved utilities 30M Q4 2025
      Free cash flow $37.8M Q4 2025
      IQ Batteries shipped from U.S. manufacturing facilities 51.1 Q4 2025
      IQ Battery certified installers 22,000 Q4 2025
      IQ Meter Collar approved by U.S. utilities 52 Q4 2025
      Microinverters shipped from U.S. manufacturing facilities (45X) 1.31M Q4 2025
      Tariff impact on margin 5.1% Q4 2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Solar — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      ENPH
      Enphase Energy, Inc.
      this stock
      $5.68B +34.4% +10.7% 42.6 18.4%
      FSLR
      First Solar, Inc.
      $24.13B -14.0% +26.7% 14.5 7.9%
      NXT
      Nextpower Inc.
      $7.09B +29.5% +20.3% 29.8 13.7%
      SEDG
      Solaredge Technologies, Inc.
      $3.19B +81.6% -4.3% 17.2%
      RUN
      Sunrun Inc.
      $3.04B -30.8% +13.0% 6.0 24.1%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Reducing
      Holders
      499
      % held
      103.9%
      Reported
      7 of 498
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      332
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      24.2M
      Days to cover
      3.5d
      Change
      -2.5M sh
      View
      Short Volume
      Short vol %
      51%
      As of
      Jul 2, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      16
      Value
      $879
      As of
      Jun 12, 2026
      View
      Off-Exchange
      Off-exchange %
      49.2%
      Week of
      Jun 15, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net buying
      Net (90d)
      +$314.0K
      Buyers / Sellers
      2 / 1
      Buyers Sellers
      View
      Congressional Trades Sell
      Member
      Julie Johnson
      Amount
      $1.0K–$15.0K
      Traded
      Feb 12, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $1.5B
      Net income (FY)
      $172.1M
      EPS diluted
      $1.29
      View
      Buybacks
      Authorized
      $1.0B
      Remaining
      $268.7M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jun 18, 2026
      This year
      10
      View
      Proposed Sales
      Value
      $44.9K
      Shares
      700
      Filed
      Jun 1, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Apr 28, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      ENPH -8.8% -37.6% +21.6% -12.5% +34.4%
      SPY +1.4% -1.3% +8.0% -0.3% +9.2%
      vs SPY -10.2% -36.4% +13.5% -12.3% +25.2%

      Capital returns

      Buyback program · as of Mar 31, 2026
      Authorized
      $1.00B
      Spent (derived)
      $731.30M
      Remaining
      $268.70M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1463101 CUSIP 29355A107 13F (30d) 33 filings 12 filers Visit website Investor relations