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Enphase Energy (ENPH) Dips More Than Broader Market: What You Should Know
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In the latest trading session, Enphase Energy (ENPH - Free Report) closed at $31.35, marking a -2% move from the previous day. This change lagged the S&P 500's 1.21% loss on the day. Elsewhere, the Dow gained 0.02%, while the tech-heavy Nasdaq lost 2.6%.
Coming into today, shares of the solar technology company had lost 3.27% in the past month. In that same time, the Oils-Energy sector gained 8.71%, while the S&P 500 lost 0.03%.
The investment community will be closely monitoring the performance of Enphase Energy in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company's upcoming EPS is projected at $0.47, signifying a 47.78% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $303.72 million, down 26% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.9 per share and a revenue of $1.18 billion, demonstrating changes of -35.81% and -19.66%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Enphase Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 5.23% lower. Right now, Enphase Energy possesses a Zacks Rank of #4 (Sell).
In the context of valuation, Enphase Energy is at present trading with a Forward P/E ratio of 16.87. This indicates a premium in contrast to its industry's Forward P/E of 13.4.
The Solar industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 218, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Image: Bigstock
Enphase Energy (ENPH) Dips More Than Broader Market: What You Should Know
In the latest trading session, Enphase Energy (ENPH - Free Report) closed at $31.35, marking a -2% move from the previous day. This change lagged the S&P 500's 1.21% loss on the day. Elsewhere, the Dow gained 0.02%, while the tech-heavy Nasdaq lost 2.6%.
Coming into today, shares of the solar technology company had lost 3.27% in the past month. In that same time, the Oils-Energy sector gained 8.71%, while the S&P 500 lost 0.03%.
The investment community will be closely monitoring the performance of Enphase Energy in its forthcoming earnings report. The company is scheduled to release its earnings on October 27, 2026. The company's upcoming EPS is projected at $0.47, signifying a 47.78% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $303.72 million, down 26% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.9 per share and a revenue of $1.18 billion, demonstrating changes of -35.81% and -19.66%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Enphase Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 5.23% lower. Right now, Enphase Energy possesses a Zacks Rank of #4 (Sell).
In the context of valuation, Enphase Energy is at present trading with a Forward P/E ratio of 16.87. This indicates a premium in contrast to its industry's Forward P/E of 13.4.
The Solar industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 218, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.