Latest news with #microinverters
Globe and Mail
08-07-2025
- Business
- Globe and Mail
Enphase Energy Announces Conference Call to Review Second Quarter 2025 Financial Results
FREMONT, Calif., July 08, 2025 (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 will host a conference call and webcast on Tuesday, July 22, 2025 at 4:30 p.m. Eastern Time to discuss its second quarter 2025 financial results for the period ended June 30, 2025. The live webcast can be accessed on the Enphase Energy Investor Relations website at and a recorded version of the call will also be available there approximately one hour after the call. About Enphase Energy, Inc. Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in more than 160 countries. For more information, visit ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the 'e' logo, IQ, and certain other marks listed at are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners. Contact:
Yahoo
04-07-2025
- Business
- Yahoo
Smart Money Buys the Solar Dip
When the market reacts sharply to short-term pressures, long-term fundamentals often get obscured. That may be the case with Enphase Energy (NASDAQ: ENPH). Solar stocks have struggled in 2025. Enphase shares are down roughly 65% from 2024 highs, impacted by rising interest rates, shifting U.S. policy incentives, and slowing rooftop demand. Sentiment has weakened, and many investors have exited the sector, reallocating toward larger-cap utilities or oil and gas producers perceived as safer amid policy uncertainty. But Enphase remains a key player in residential solar hardware. It holds more than 50% of the U.S. residential microinverter market and a substantial global footprint. While its second-quarter revenue of $356 million fell short of expectations, much of the shortfall is tied to near-term pressures: modest tariff increases on battery cells, policy adjustments in California's NEM 3.0 framework, and broader deceleration in home solar installations due to rate sensitivity. These are real challenges. But they are not necessarily structural. Elevated interest rates have clearly dampened rooftop solar economics, particularly for middle-income homeowners relying on financing. Yet this is a cyclical dynamic—not a reflection of declining relevance for distributed solar technologies. According to a recent analysis from AInvest (but before the 'Big Beautiful Bill' passed the Senate), Enphase's longer-term value proposition remains intact. The company's intellectual property, installer loyalty, and 40%+ gross margins (in normalized periods) point to a business model that could remain competitive even in a tighter policy environment. Enphase's energy management software platform also positions it to play a larger role in the grid-edge architecture utilities are beginning to July 1, 2025, the U.S. Senate passed its reconciliation bill as part of the "Big Beautiful Bill" package. The legislation confirmed a phasedown of the Section 25D residential solar tax credit, dropping from 30% in 2025 to 18% in 2026, 6% in 2027, and eliminating the credit entirely by 2028. While the bill still requires House approval and reconciliation, the direction is now clearer. Enphase shares initially dropped on early headlines but closed only 2.3% lower, indicating a market recalibration after details emerged. More recent commentary following the vote has been restrained. RBC Capital Markets called the impact "modest," noting that the market had likely priced in much of the downside before the bill passed. Raymond James observed that the extended timeline preserved a meaningful installation window through 2027, allowing companies like Enphase to adapt rather than react. A July 2 Seeking Alpha review emphasized two dynamics: a likely installation surge in late 2025 as buyers move to lock in credits, and the potential for interest rates to moderate into 2026, offsetting some of the loss in tax subsidy support. Analysts also noted Enphase's growing exposure to international markets and commercial storage as buffers to its U.S. residential exposure. In that light, the Senate vote is better understood as a transition (yet another), not a break. Enphase's fundamentals, particularly its diversification by geography and product, offer some insulation from the evolving credit landscape. The July 1 sell-off may have reflected headline sensitivity more than a permanent change in demand structure. In other words, for Enphase, the development is consequential, but not conclusive. While the U.S. residential segment does rely on 25D to support financing and uptake, the legislation provides a clear transition window through 2027. Analysts at J.P. Morgan noted the extended credit period offers "project visibility through the end of the decade," while Mizuho described the Senate version as more manageable than prior proposals. Morgan Stanley, though broadly bearish on renewables in this environment, acknowledged the structure still supports near-term sales pipelines. Enphase shares initially dropped 17% on policy signals, but the stock closed just 2.3% lower on July 1, underscoring how quickly sentiment can shift once details are parsed. Importantly, much of Enphase's volume is now tied to international markets, with growing exposure to Australia, Germany, and Italy. It is also extending its footprint in EV charging, commercial storage, and grid services, areas not tied directly to 25D. In this light, the Senate vote marks a policy pivot, not a strategic dead end. The market's reaction may have captured headline risk, but it likely underestimated the company's structural levers, geographic flexibility, and the transitional protections embedded in the bill. Institutional and insider behavior offers some insight. In Q1, Abacus FCF Advisors increased their ENPH holdings by 376%. CEO Badri Kothandaraman also purchased shares at around $46, indicating internal confidence even amid volatility. Other long-horizon investors such as Baillie Gifford and T. Rowe Price have held their positions steady, suggesting that large pools of capital are not treating this as an exit moment. Valuation has compressed significantly. As of July 1, 2025, Enphase trades at approximately 3.77x forward sales, with a double-digit free cash flow yield—levels that historically have drawn interest from long-term investors. Trefis recently highlighted that renewed policy clarity or stabilization in rates could be catalysts for recovery. More importantly, even under current conditions, the company remains free cash flow positive and maintains a strong balance sheet. The company is also expanding its product suite. In July, it began shipping the IQ EV Charger 2 in Australia and New Zealand, reinforcing its position in the integrated home energy ecosystem. This complements its existing inverter and battery offerings and reflects a shift toward broader energy management. Enphase's modular architecture makes it easier for homeowners to add EV charging or energy storage incrementally, which supports upsell potential and enhances customer stickiness. The competitive landscape is also evolving. While Tesla, Huawei, and SolarEdge offer competing solutions, Enphase's focus on the residential installer channel in the U.S. gives it a defensible position. The company's approach to hardware-software integration, and its responsiveness to installer feedback, have historically translated into high retention and strong gross margins. Operationally, Enphase is responding to cost pressures by shifting production toward South Korea and Mexico, which may support margin stabilization in the back half of 2025. This shift is also designed to mitigate the impact of U.S. tariffs on Chinese battery cells, which have increased by 2-8% this year under updated Section 301 trade provisions. Enphase has also signaled that it will begin leveraging automation in its Mexican facilities to lower unit assembly costs and improve quality control. A Long-Term Bet on Persistence Enphase is facing real pressures, and its near-term outlook remains uncertain. But the current valuation appears to reflect more than just fundamental risk. Instead, it reflects the market's reaction to legislative uncertainty and broader sentiment toward clean energy equities. This kind of dislocation isn't unusual in cyclical industries, especially when policy and capital costs are both in flux. The business retains meaningful market share, continues to invest in new product lines, and has not seen capital flight from all corners. In fact, several long-duration investors have increased their positions in recent months. Handelsbanken Fonder AB boosted its stake by 181.9% in Q1 2025, now holding over 747,000 shares. Oppenheimer & Co. increased its position by 94.2%, while Janney Montgomery Scott LLC raised its holdings by 248.3%. QRG Capital Management initiated a new position, and GAMMA Investing LLC expanded its exposure by over 10,000%. These moves suggest that some institutional investors are taking a longer-term view and see current valuation levels as an opportunity rather than a signal to exit. Its balance sheet remains sound, and its operating model has shown resilience through previous periods of volatility. For those willing to take a longer view, the recent sell-off may represent more dislocation than decline. Enphase may not be positioned for immediate upside. But the assumptions now priced into the stock deserve closer scrutiny, especially as the policy and rate environment evolves. If inflation continues to moderate and tax credit support stabilizes, the current market narrative could shift quickly. Until then, this is a company worth watching, not because the story is easy, but because the fundamentals haven't disappeared just because the headlines have. By Charles Kennedy for More Top Reads From this article on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-07-2025
- Automotive
- Yahoo
Enphase Energy Launches Next-Generation IQ EV Charger 2 In Australia and New Zealand
FREMONT, Calif., July 02, 2025 (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, today announced production shipments of its newest electric vehicle (EV) charger, the IQ® EV Charger 2, in Australia and New Zealand. The IQ EV Charger 2 is a smart charger built to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. With advanced energy management features, the charger can support increased solar self-consumption, lower energy costs, and offer a smart, efficient EV charging experience. The charger's top features include: Charge with solar: The IQ EV Charger 2 intelligently prioritizes surplus solar energy for EV charging, enhancing clean energy use. With automatic phase switching between three-phase and single-phase modes, it can begin charging with as little as 1.38 kW of solar production – potentially helping homeowners manage electricity costs and support sustainability goals. Rapid response time: Localized solar charging allows for near real-time tracking of surplus solar and quickly regulates EV charging current in 1A increments supporting an efficient and sustainable charging. Built-in intelligence: Smart capabilities that include access control using RFID technology, dynamic load balancing, and a certified MID energy meter for tracking and expense reimbursement applications – ideal for home and fleet operations. Future-ready bidirectional charging: The IQ EV Charger 2 is equipped with built-in hardware and software to support AC bidirectional charging. While availability depends on EV compatibility, standards, and regional certifications, this feature is built to enable vehicle-to-home (V2H) and vehicle-to-grid (V2G) integration – supporting homeowners with resilience and flexibility. 'Smart EV charging isn't just about convenience; it's about enhancing your solar investment,' said Nigel Charlesworth at DES Electrical & Solar, a Platinum level installer of Enphase products in Australia. 'The Enphase IQ EV Charger 2 goes above and beyond, harnessing solar power to give our customers a seamless, efficient charging experience, while helping them reduce costs and grid reliance, and power their cars with renewable energy.' The IQ EV Charger 2 is built for high performance and long-term reliability. The charger features a rugged Type-2 connector that is compatible with most EVs sold in Australia and New Zealand. With configurable power levels up to 32 A per phase, the charger is built to support both single-phase and three-phase wiring from the same hardware – helping to simplify logistics and reduce inventory complexity. Installation is fast and efficient, featuring a 7.5-meter cable for added flexibility and a streamlined, sub-10-minute setup process that potentially reduces labor time and installation costs, depending on site conditions. The IQ EV Charger 2 is housed in an IP55-rated enclosure, making it weatherproof for indoor and outdoor installations. All chargers activated in Australia and New Zealand come backed by an industry-leading five-year warranty and 24/7 customer support from Enphase – supporting long-term reliability and exceptional peace of mind. 'With EV sales accelerating across New Zealand, homeowners want charging that adapts to their lifestyle and energy needs,' said Kerry Hulleman at Hubands Energy, a Platinum installer of Enphase products in New Zealand. 'The IQ EV Charger 2's ability to start charging with just 1.38 kW of solar means even modest rooftop systems can power EVs during the day. That's a game-changer for energy independence.' 'What sets the IQ EV Charger 2 apart is its intelligence,' said Matt Wildy at Venus Energy, a Gold level installer of Enphase products in Australia. 'Enphase's IQ EV Charger 2 seamlessly integrates into home energy systems and allows homeowners to manage their power on their terms.' 'The IQ EV Charger 2 represents the next evolution in home energy management, where solar, battery storage, and EV charging work as one intelligent ecosystem,' said Ken Fong, senior vice president and general manager of the Americas and APAC at Enphase Energy. 'We're excited to bring this innovative solution to Australia and New Zealand, giving homeowners the confidence they're investing in future-ready technology that adapts to their energy needs.' Earlier this year, Enphase launched the IQ EV Charger 2 across 14 European countries. For more information about the IQ EV Charger 2 launch in Australia and New Zealand, please visit the Enphase website. About Enphase Energy, Inc. Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 81.5 million microinverters, and approximately 4.8 million Enphase-based systems have been deployed in over 160 countries. For more information, visit ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the 'e' logo, IQ, IQ8, and certain other marks listed at are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners. Forward-Looking Statements This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy's technology and products, including safety, quality, and reliability; and statements regarding the timing and availability Enphase Energy's products in Australia and New Zealand; and the ability of the IQ EV Charger 2 to help reduce energy costs. These forward-looking statements are based on Enphase Energy's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy's most recently filed Quarterly Report on Form 10-Q, Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law. Contact: Enphase Energy press@ This press release was published by a CLEAR® Verified in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Jim Cramer on Enphase: 'A Roughed Up Solar Company'
Enphase Energy, Inc. (NASDAQ:ENPH) is one of the top 10 S&P 500 winners of the day that Jim Cramer highlighted. During the episode, Cramer called it a 'roughed up solar company,' as he said: 'At the top of that list, that sainted list today, Enphase Energy, oh boy, a roughed up solar company. Oh, it's driving that possible congressional break that could preserve some solar tax credits.' A solar panel array stretched across a large open field, its glimmering panels reflecting the sun. Enphase Energy (NASDAQ:ENPH) creates and sells smart energy systems that include microinverters, batteries, and software for monitoring and controlling solar power. Moreover, the company provides energy storage, EV charging, cloud-based services, and support for system design and permitting. In the first week of 2025, Cramer mentioned the company as he said: 'Finally, there's Enphase, which is a solar equipment company that has the misfortune of making some of its equipment in China. Given that Trump won over solar advocate Vice President Harris, we can expect that much higher tariffs are looming on Chinese goods. I think it's amazing that Enphase was only down 48% for the year. But hey, there's always 2025.' While we acknowledge the potential of ENPH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-06-2025
- Business
- Yahoo
Enphase Energy (ENPH) Jumped This Week. Here is Why.
The share price of Enphase Energy, Inc. (NASDAQ:ENPH) surged by 18.2% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A solar panel array stretched across a large open field, its glimmering panels reflecting the sun. Enphase Energy, Inc. (NASDAQ:ENPH) is a global energy technology company and the world's leading supplier of micro-inverter-based solar and battery systems. Enphase Energy, Inc. (NASDAQ:ENPH) plunged to a 5-year low earlier this month following a proposal by the Senate Finance Committee to speed up the elimination of tax credits for solar and wind energy industries. The rooftop solar industry got hit particularly hard, as the proposed legislation aimed to end the residential solar tax credit by the end of this year. However, Enphase Energy, Inc. (NASDAQ:ENPH) rebounded this week following reports that Republicans on the Senate tax writing committee are adopting a more generous stance regarding the clean energy tax credits, and may even push back their expiration dates. According to Senator Kevin Cramer, the Senate is also working on adjustments to a residential solar energy incentive that had been eliminated in previous versions of the 'One Big Beautiful Bill'. While we acknowledge the potential of ENPH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
