# Enphase Energy, Inc. – Consensus ‘buy’ rating and 34.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/enphase-energy-inc.consensus-buy-rating-and-34.9-upside-potential/4121133021
- Published: 2023-11-16T14:34:38+00:00
- Author: Charlotte Edwards

**Enphase Energy, Inc.** with ticker code (ENPH) now have 34 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between $335.95 and $75.00 and has
a mean target at $123.32. Given that the stocks previous close was at $91.39 this
would indicate that there is a potential upside of 34.9%. Also worth taking note
is the 50 day moving average now sits at $107.37 and the 200 moving average now 
moves to $160.85. The company has a market capitalization of 12.67B. The stock price
for the company is currently $92.81 USD

 The potential market cap would be $17,101,117,875 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 23.26, revenue per share of $19.89
and a 12.36% return on assets.

Enphase Energy, Inc. is a global energy technology company. The Company designs,
develops, manufactures and sells home energy solutions that manage energy generation,
energy storage and control and communications on one platform. Its Enphase Energy
System brings a high technology, networked approach to solar generation plus energy
storage, by leveraging its design for power electronics, semiconductors and cloud-
based software technologies. Its integrated approach to energy solutions increases
a home energy potential while, providing advanced monitoring and remote maintenance
capabilities. The Enphase Energy System uses a single technology platform for seamless
management of the whole solution, enables rapid commissioning with the Enphase Installer
Application, consumption monitoring with Enphase IQ Gateway with IQ Combiner+, Enphase
Application, a cloud-based energy management platform and its IQ Battery. Its commercial
systems have been deployed in approximately 145 countries.

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