Alert: Negative Fundamental Signals (8/5/24)-Enphase Energy Inc (NASDAQ: ENPH)

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Enphase Energy Inc (NASDAQ: ENPH) suffers from exceptional negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, ENPH is expected to continue to be a major Value Builder.

Enphase Energy has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Enphase Energy has a neutral Appreciation Score of 48 and a neutral Power Rating of 45, triggering the Low Neutral Value Trend Rating.

Recent Price Action

On 8/5/24, Enphase Energy Inc (NASDAQ: ENPH) stock declined modestly by -1.7%, closing at $103.39. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -13.4% during the last week.

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