Enphase Stock News

Enphase Energy will provide solar and battery technology for Swell Energy to enhance virtual power plant offerings. The post Partnership with Enphase Energy Will Enhance Swells Virtual Power Plants appeared first on Environment + Energy Leader .

Enphase Energy <> shares had climbed as much as ~2.5% before turning lower with the broader market, after the company unveiled a partnership with power grid company Swell

FREMONT, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world''s leading supplier of microinverter-based solar and battery systems, announced today that it is launching a partnership with renewable energy and grid solutions provider Swell Energy Inc. The partnership enables Enphase ® Energy Systems, powered by IQ™ Microinverters and IQ™ Batteries, to participate in Swell’s distributed, virtual power plant (VPP) programs in California, New York, and Hawaii.

The company using microinverters is differentiating itself in the solar market.

The solar company''s full-year revenue grew 78% in 2021.

The solar company's full-year revenue grew 78% in 2021.

Enphase is market leader in micro-inverters due to differentiated product based on technology and customer service and strong sales strategy.

Enphase Energy Inc. (NASDAQ:ENPH) price on Thursday, February 10, rose 0.17% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $162.16. A look at the stock’s price movement, the level at last check in today’s session was $161.89, moving within a range at $154.6001 and $183.15. The beta … Honey At Enphase Energy Inc. (ENPH) Is Worth Your Money Read More »

Solar sector-related exchange traded funds climbed after Enphase Energy (NasdaqGS: ENPH) revealed market-beating fourth-quarter results.

The solar industry is growing again and Enphase Energy is a big beneficiary.

Enphase (ENPH) stock was off to the races on Wednesday after investors liked the company’s latest quarterly report. And that’s not surprising, considering the resul…

Enphase Energy, Inc. (NASDAQ: ENPH ) shares were making gains Wednesday after the solar technology company reported strong quarterly results and issued upbeat guidance. The Enphase Energy Analysts: BofA Securities analyst Julien Dumoulin-Smith reiterated a Neutral rating on Enphase and increased the price target from $175 to $192. Raymond James analyst Pavel Molchanov maintained a Market Perform rating. Needham analyst Vikram Bagri maintained a Buy rating and $255 price target. KeyBanc Capital Markets analyst Sophie Karp reiterated an Overweight rating and $200 price target. BofA Says Enphase Energy''s Capacity To Outperform Is Alive And Well: Enphase delivered a quarter that was ahead on nearly every key performance indicator, BofA analyst Dumoulin-Smith said. The company''s guidance also exceeded expectations, he added. "Simply put, ENPH''s capacity to deliver at or above expectations is alive and well," the analyst said. Credit on execution is already priced into the relative premium valuation of the stock, the analyst said.

Solar sector-related exchange traded funds climbed after Enphase Energy (NasdaqGS: ENPH) revealed market-beating fourth-quarter results.

Wall Street''s main indexes rallied on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine. The benchmark 10-year US Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets. All of the 11 major S&P 500 sectors advanced in early afternoon trading, with six of them rising more than 1% each. Mega-cap names such as Apple Inc, Tesla Inc , Google-owner Alphabet Inc and Microsoft Corp rose between 0.3% and 1.1%. Facebook parent Meta Platforms Inc gained 2.9% and was set to break its four-day slump. "It is partially due to the 10-year (yield) coming down, it is still at a high level but the tick down is giving some relief to the tech-related names," said Lindsey Bell, chief investment strategist at Ally Invest in Charlotte. "The tech sector had been beaten up coming into February and we have seen a bit of bounce since end of January." Growth and technology names have been among the worst hit this year on rate hike fears as their value rests heavily on future earnings, which are discounted more deeply when rates go up.

ENPH earnings gave a lift to solar stocks, like SEDG and RUN. XPEV climbed on details related to its dual listing. CCJ rose on earnings news. Quarterly results sent TCS into a tailspin.