ENPH — Enphase Energy Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Enphase Energy Inc

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$64.03
Market Cap$8.22B
Float127.8M
Shares Outstanding131.8M
P/E (Forward)29.67
P/E (TTM)61.72
Price/Sales (TTM)5.87
vs. Analyst Target-36.6% to analyst PT
Profit Margin9.64%
Operating Margin (TTM)-9.13%
Revenue (TTM)$1.40B
Earnings Growth (YoY)-36.40%
Dividend RateNone
Analyst Target Price$40.60 (40 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $774M $134M $346M $159M
2021 $1.38B $145M $554M $197M
2022 $2.33B $397M $975M $520M
2023 $2.29B $439M $1.06B $446M
2024 $1.33B $103M $629M $210M
2025 $1.47B $172M $687M $290M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $363M $37.1M
Sep 2025 $410M $66.6M
Dec 2025 $343M $38.7M
Mar 2026 $283M -$7.4M

Ownership & Float

Insider Ownership3.0%
Institutional Ownership100.8%
Short Float23.7%
% of All Funds Holding5.63%
Number of Funds Holding463

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$40.35Near-term / short-term trend
Weekly40-Week SMA$37.43Medium-term trend
Weekly80-Week SMA$45.78Cyclical trend (business cycle)
Weekly200-Week SMA$118.09Secular trend (multi-year)
Monthly10-Month SMA$37.86Near-term monthly trend
Monthly20-Month SMA$47.06Medium-term monthly trend
Monthly40-Month SMA$90.41Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$33.30 support 1.01x 0 months ago
$83.00 resistance 1.60x 17 months ago
$113.00 resistance 1.18x 18 months ago

Historical Earnings Reactions (57 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.62% -0.12% 49.12% 28.76% -38.98%
1 Day 0.86% 0.00% 49.12% 42.44% -37.37%
1 Week 1.25% -1.24% 47.37% 78.77% -49.73%
2 Weeks 1.24% -0.99% 43.86% 92.47% -48.92%
1 Month 3.93% -2.30% 49.12% 84.93% -39.25%

Next earnings: July 17, 2026 (52 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.7%50.0%14
Feb17.0%71.4%14
Mar0.0%35.7%14
Apr-3.8%33.3%15
May6.2%64.3%14
Jun0.3%50.0%14
Jul5.6%50.0%14
Aug0.8%50.0%14
Sep-1.7%28.6%14
Oct-3.2%35.7%14
Nov5.7%57.1%14
Dec11.9%50.0%14

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.27% 52.1% 668
Tuesday 0.30% 51.5% 730
Wednesday 0.32% 49.7% 727
Thursday 0.06% 46.8% 714
Friday -0.04% 47.1% 713

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 100.8%

Insider Transactions — Smart Summary

Total insider ownership: 3.0%

Founder-led management: Raghu Belur (SVP, Co-founder, Chief Products Officer)

12-Month Insider Activity Summary

Total Filings9
Net Value+$635,448.99
Net Shares Change-271,369
% of Float-0.2%
C-Suite Filings5
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Rodgers Thurman J -$10.4M 2 2 sell
Kothandaraman Badrinarayanan President and CEO +$876,759 4 4 buy
Yang Mandy EVP, Chief Financial Officer -$241,310.01 1 N/A
MORA RICHARD -$89,726.68 2 2 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-17 Rodgers Thurman J -$6.0M Transaction at $43.61, now +46.8%
2026-05-21 MORA RICHARD -$32,473 Transaction at $46.39, now +38.0%
2026-02-05 Kothandaraman Badrinarayanan President and CEO +$259,883.5 Transaction at $51.98, now +23.2%
2025-11-10 Kothandaraman Badrinarayanan President and CEO +$153,438.5 Transaction at $30.69, now +108.7%
2025-11-03 Kothandaraman Badrinarayanan President and CEO +$309,317 Transaction at $30.93, now +107.0%
2025-08-06 Kothandaraman Badrinarayanan President and CEO +$154,120 Transaction at $30.82, now +107.7%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Enphase Energy Inc (ENPH) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for ENPH on Trend Edge →