2024-05-24 12:45:53 ET
Summary
- ENPH stock has experienced selling pressure after each quarterly report release, except for the latest one. Time to buy? I'm not sure.
- Tariffs on Chinese electric vehicles and solar industry may benefit companies like ENPH, but competition and a deflationary environment pose challenges.
- ENPH's financial performance has declined, and the stock remains overvalued according to a DCF model. Neutral rating maintained.
Into & Thesis
I have been closely monitoring Enphase Energy, Inc ( ENPH ) stock on Seeking Alpha since April 2023 and have written a total of 3 articles so far (now you're reading my 4th one). Throughout the time I've covered ENPH, I've remained neutral on the stock, citing its fundamental issues, valuation, and competition....
Read the full article on Seeking Alpha
For further details see:
Still No Need To Buy Enphase Energy Stock