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ENPH
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
16.37B

ENPH Price Prediction, Enphase Energy AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for ENPH with price predictions
08:00 PM EDT Sep 28, 2023

ENPH's RSI Oscillator ascending out of oversold territory

The RSI Indicator for ENPH moved out of oversold territory on September 11, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 46 cases where ENPH's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for ENPH just turned positive on August 28, 2023. Looking at past instances where ENPH's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ENPH advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .

ENPH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 28, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ENPH as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ENPH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ENPH entered a downward trend on September 22, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ENPH’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: ENPH's P/B Ratio (16.835) is slightly higher than the industry average of (5.367). P/E Ratio (30.211) is within average values for comparable stocks, (37.141). Projected Growth (PEG Ratio) (1.215) is also within normal values, averaging (1.729). ENPH has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.025). P/S Ratio (6.238) is also within normal values, averaging (27.878).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I. Advisor
published Earnings

ENPH is expected to report earnings to fall 30.61% to $1.02 per share on October 24

Enphase Energy ENPH Stock Earnings Reports
Q3'23
Est.
$1.02
Q2'23
Beat
by $0.19
Q1'23
Beat
by $0.16
Q4'22
Beat
by $0.23
Q3'22
Beat
by $0.16
The last earnings report on July 27 showed earnings per share of $1.47, beating the estimate of $1.28. With 747.71K shares outstanding, the current market capitalization sits at 16.37B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge Technologies (NASDAQ:SEDG), Plug Power (NASDAQ:PLUG), Bloom Energy Corp (NYSE:BE), Canadian Solar (NASDAQ:CSIQ), SunPower Corp (NASDAQ:SPWR), GrafTech International Ltd (NYSE:EAF), FuelCell Energy (NASDAQ:FCEL).

Industry description

The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.

Market Cap

The average market capitalization across the Electrical Products Industry is 3.84B. The market cap for tickers in the group ranges from 750 to 181.26B. NISSF holds the highest valuation in this group at 181.26B. The lowest valued company is EDYYF at 750.

High and low price notable news

The average weekly price growth across all stocks in the Electrical Products Industry was -1%. For the same Industry, the average monthly price growth was -9%, and the average quarterly price growth was -11%. GWH experienced the highest price growth at 35%, while ASTI experienced the biggest fall at -73%.

Volume

The average weekly volume growth across all stocks in the Electrical Products Industry was 1%. For the same stocks of the Industry, the average monthly volume growth was -3% and the average quarterly volume growth was -3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 72
Price Growth Rating: 67
SMR Rating: 73
Profit Risk Rating: 80
Seasonality Score: -14 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a manufacturer of solar micro-inverter systems

Industry ElectricalProducts

Profile
Fundamentals
Details
Industry
Semiconductors
Address
47281 Bayside Parkway
Phone
+1 877 774-7000
Employees
2821
Web
https://www.enphase.com
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ENPH and

Correlation & Price change

A.I.dvisor indicates that over the last year, ENPH has been closely correlated with SEDG. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if ENPH jumps, then SEDG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ENPH
1D Price
Change %
ENPH100%
+0.07%
SEDG - ENPH
73%
Closely correlated
-0.94%
SPWR - ENPH
66%
Closely correlated
+1.07%
NOVA - ENPH
63%
Loosely correlated
+1.06%
RUN - ENPH
62%
Loosely correlated
+2.11%
CSIQ - ENPH
51%
Loosely correlated
-0.77%
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