ENPH Stock Recent News

Enphase's (ENPH) near-term challenges due to poor demand scenario in the United States and Europe are likely to affect its 2024 operating results amid solid growth opportunities in the long run.

FREMONT, Calif., Aug. 05, 2024 (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 that it has started shipping IQ8P™ and IQ8HC™ Microinverters to support newer, high-powered solar panels in select countries throughout the Caribbean, including the Dominican Republic, the Turks and Caicos Islands, the Bahamas, Aruba, Sint Maarten, Sint Eustatius, Anguilla, the Cayman Islands, the British Virgin Islands, Antigua and Barbuda, Montserrat, Saint Kitts and Nevis, and Trinidad and Tobago.

Enphase Energy reported mixed 2Q24 results, with revenue and EPS missing while gross margins staying resilient. More importantly, channel inventory is now normalized as of the end of 2Q24, achieving a key milestone set by management earlier. California unexpectedly pivoted to positive sell-through, while non-California states pivoted to positive sell-through as expected.

Investors interested in stocks from the Solar sector have probably already heard of Canadian Solar (CSIQ) and Enphase Energy (ENPH). But which of these two stocks is more attractive to value investors?

"We all know the energy requirements that A.I. is going to have, and solar can maybe be a piece of that puzzle," according to Dann Ryan.

The S&P 500 and Nasdaq Composite have delivered impressive returns for investors this year. However, a recent pullback in mega-cap growth stocks, particularly the most popular known as the Magnificent Seven, is causing some investors to reconsider their strategies.

Rocket Lab is a leading provider of launch services for governments and private companies. This advanced materials stock is the future of the aerospace industry.

Solar energy is going through a rough patch, and Enphase has come out a winner.

NEW YORK, NY / ACCESSWIRE / July 29, 2024 / If you suffered a loss on your Enphase Energy, Inc. (NASDAQ:ENPH) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/enphase-energy-inc-lawsuit-submission-form?prid=92871&wire=1 or contact Joseph E. Levi, Esq.

LOS ANGELES, CA / ACCESSWIRE / July 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Enphase Energy, Inc. ("Enphase" or "the Company") (NASDAQ:ENPH) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 7, 2023 and April 25, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before July 29, 2024.