Enphase Energy, Inc. (ENPH)
Enphase Energy, Inc. operates in the Solar industry of the Energy sector, headquartered in Fremont, CA, US. The stock last traded at $34.55, down 0.25% on the session, giving a market capitalisation of $4.57B. On trailing twelve-month figures it carries a trailing P/E of 33.88, a net margin of 10.1%. Its beta of 1.64 implies it has historically moved more than the broad market.
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
Enphase Energy, Inc. is most often compared with the following Energy names: