Enphase Energy TodayENPHEnphase Energy$116.91 +13.27 (+12.80%) 52-Week Range$73.49▼$182.26P/E Ratio60.89Price Target$129.77Add to WatchlistEnphase Energy NASDAQ: ENPH is a leading microinverter-based solar and battery system provider. The company has emerged as a dominant force in the rapidly expanding renewable energy sector. Enphase Energy’s innovative technology and comprehensive solutions have earned it a prominent position in the market, attracting significant attention from investors and industry expe ...

NEW YORK, July 25, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Enphase Energy, Inc. (NASDAQ: ENPH).Shareholders who purchased shares of ENPH during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/enphase-energy-inc-loss-submission-form-2/?id=91977&from=4CLASS PERIOD: December 12, ...

Key TakeawaysEnphase Energy indicated that the drop in demand for solar power in the U.S. may be over.The solar power equipment maker had a gain in sell-through in the U.S., and said its business in the key California market has stabilized.Enphase Energy reported second-quarter profit and sales that missed estimates. Enphase Energy (ENPH) was the best-performing stock in the S&P 500 Wednesday, a day after the solar power equipment maker suggested the slump in demand in the U.S. is likely over. Chief Executi ...

Enphase Energy, Inc. (ENPH) reported second-quarter 2024 adjusted earnings of 43 cents per share, highlighting a 70.7% decline from $1.47 reported in the prior-year quarter. The bottom line also lagged the Zacks Consensus Estimate of 49 cents per share by 12.2%.Including one-time adjustments, the company posted GAAP earnings of 8 cents per share, which significantly deteriorated from the year-ago quarter’s earnings of $1.09.The year-over-year deterioration can be attributed to a double-digit decline in seco ...

文章核心观点 - 公司在第二季度的财务业绩低于分析师预期,但仍在公司指引范围内 [4] - 欧洲市场需求疲软,但美国市场销售增长强劲 [5] - 电池组出货量大幅增加,带动了公司收入增长 [6][12] - 公司通过股票回购计划积极回购股票 [7][8][9] - 公司第三季度的收入和利润率指引仍不太乐观 [11][13][17] 公司财务表现 - 第二季度收入为7.11亿美元,同比增长32% [4] - 毛利率为46.2%,略有提升 [4] - 自由现金流为1.174亿美元,主要用于股票回购 [7] - 现金和现金等价物为16.5亿美元,债务为13.1亿美元 [10] 业务发展情况 - 微逆变器出货量小幅增加,电池组出货量大增近60% [6] - 加州新能源政策利好电池组销售 [7] - 欧洲市场需求疲软,但美国市场销售强劲 [5][13] - 第三季度收入和利润率指引不太乐观 [11][13][17] 股东回报 - 公司启动了高达10亿美元的股票回购计划 [7][8][9] - 截至目前已回购约325万股,平均价格为108.13美元 [9]

财务数据和关键指标变化 - 公司Q2总收入为3.035亿美元,同比增长32% [8] - 公司Q2非GAAP毛利率为47.1%,GAAP毛利率为45.2% [37] - 公司Q2非GAAP营业利润为6110万美元,GAAP营业利润为180万美元 [39] - 公司Q2非GAAP净利润为5880万美元,GAAP净利润为1080万美元 [39][40] - 公司Q2经营活动产生的现金流为1.27亿美元,自由现金流为1.174亿美元 [42] 各条业务线数据和关键指标变化 - 公司Q2共发货约1.4百万台微型逆变器和120兆瓦时电池 [8] - 公司Q2美国和国际收入占比分别为65%和35% [11] - 美国市场Q2收入同比增长32%,整体销售额同比增长8% [11] - 非加州地区Q2销售额同比增长7%,其中微型逆变器增长6%,电池增长10% [12] - 加州市场Q2销售额同比增长7%,微型逆变器持平,电池增长14% [12] - 欧洲市场Q2收入持平,整体销售额同比增长3%,其中微型逆变器持平,电池增长18% [12][13] 各个市场数据和关键指标变化 - 荷兰市场Q2销售额同比下降15%,但电池需求开始增加 [13] - 法国市场Q2销售额持平,预计未来太阳能加储能系统需求将增加 [14] - 德国市场Q2销售额同比增长7%,公司推出三相电池备用电源和阳台太阳能套件 [15][16] - 公司正在积极拓展英国、意大利、西班牙等欧洲其他国家市场 [17] - 印度、泰国、菲律宾等亚洲新兴市场公司也在取得进展 [18] - 澳大利亚市场对公司的微型逆变器和第三代电池系统有兴趣 [19] 公司战略和发展方向及行业竞争 - 公司在美国制造的微型逆变器和电池有利于租赁和商业项目业主获得国内含量税收抵免 [10][27] - 公司计划在2025年推出基于氮化镓技术的IQ9系列微型逆变器,可支持更高输入电压和输出功率 [28] - 公司计划在2025年推出双向充电功能的电动车充电桩,支持V2H和V2G应用 [30] - 公司的AI软件有助于帮助客户在复杂电价环境下最大化收益 [31][32] - 公司在美国和欧洲的市场份额保持稳定,微型逆变器和电池方案的独特优势受到认可 [21] 管理层对经营环境和未来前景的评论 - 公司Q2渠道库存已经正常化,客户需求在Q2同比增长5% [33][45] - 公司Q3订单饱满,超过85%已经确认,这是过去一年中最健康的订单状况 [23][95] - 公司预计美国市场将逐步改善,欧洲市场将出现季节性放缓 [23] - 公司有信心实现收入复苏,对长期增长前景保持乐观 [34] - 尽管宏观经济挑战持续,但公司相信IRA政策和降息将改善美国消费者的太阳能经济学 [34] 其他重要信息 - 公司全球客户满意度NPS为79%,平均呼叫等待时间为2.5分钟 [9] - 公司在美国的制造能力为每季度550万台微型逆变器,其中45万台可获得生产税收抵免 [10] - 公司第三代IQ电池已在更多国家推出,第四代电池将于2025年初投产 [24] - 公司IQ8系列微型逆变器已在43个国家推出,计划在年底前进入更多新市场 [25][26] - 公司在欧洲推出了三相电池备用电源和阳台太阳能套件等新产品 [15][16] - 公司正在开发支持更高输入电压和输出功率的IQ9系列微型逆变器 [28] - 公司计划在2025年推出支持V2H和V2G功能的双向电动车充电桩 [30] 问答环节重要的提问和回答 问题1 **Philip Shen 提问** Q2销售额为3.96亿美元,Q3中值指引为3.9亿美元,但电池销量大幅增长。公司是否存在渠道去库存的情况,何时能恢复到4.5-5亿美元的正常收入水平? [45] **Badri Kothandaraman 回答** 公司Q3没有渠道去库存的情况。公司已经成功在Q2末实现渠道库存正常化。公司有信心在未来几个季度内恢复到4.5-5亿美元的正常收入水平,主要得益于美国市场的改善、电池业务的持续增长以及欧洲市场的进一步拓展。[46] 问题2 **Mark Strouse 提问** 公司在电池业务和微型逆变器业务中,IRA政策带来的税收抵免利益分配情况如何?公司是否会将部分利益传递给客户以刺激需求? [48][49] **Badri Kothandaraman 回答** 公司在微型逆变器业务中获得的IRA利益占比较大。电池业务目前规模较小,但未来也会从IRA政策中获益。公司将根据成本结构的变化适当定价,同时也会考虑将部分利益传递给终端客户,以刺激需求。具体的利益分配方式还需要进一步商讨确定。[49][50] 问题3 **Brian Lee 提问** 公司在微型逆变器和电池业务的市场份额情况如何?特斯拉Powerwall 3和SolarEdge电池在加州的市场表现如何?公司在Q4的电池出货量和国内含量税收抵免的贡献如何? [52][53] **Badri Kothandaraman 回答** 公司在美国和国际市场的微型逆变器和电池市场份额保持稳

Enphase stock is down 20% this year. Is the stock a buy right now?In this video, I will go over Enphase Energy's (ENPH -1.05%) second-quarter earnings and explain why the stock is up despite a double earnings miss.*Stock prices used were from the trading day of July 22, 2024. The video was published on July 22, 2024. ...

SAN DIEGO, July 23, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the Enphase class action lawsuit, captioned Bialic v. Enphase Energy, Inc., No. 24-cv-03216 (N.D. Cal.), charges Enphase Energy, Inc. (NASDAQ: ENPH) as well as certain of Enphase’s top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Enphase class action lawsuit, please provide your information here: https ...

Enphase Energy (ENPH) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.24%. A quarter ago, it was expected that this solar technology company would post earnings of $0.42 per share when it actually produced earnings of $0.35, delivering a surprise of -16.67%.Over the last four quar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35480 Delaware 20-4645388 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 47 ...