PCRFY - Enphase Energy Has The World's 1st Battery-Less Microgrid
Enphase (ENPH) is clearly the leader of solar MLPE technology as the recent SunPower (SPWR) deal signifies. Awareness of "Enphase" has doubled this past year alone, and multiple billionaires have invested in Enphase because they believe in the company's vision of distributed energy freedom. Enphase has exceeded its 30% gross margin goal six months ahead of time, and reiterated 30-20-10 by the end of the year. Enphase is only valued at ~1.2x 2019 revenue (~$4.50 x 103M shares (incl. SunPower deal)) / 389M) and ~16x 2019 earnings, even though