The Real Reason Enphase Energy Stock Is Down 60% in the Past Year

By Travis Hoium – Sep 14, 2023 at 7:15AM

NASDAQ: ENPH

Enphase Energy

Market Cap

$15B

Today's Change

(3.80%) $4.10

Current Price

$111.93

Price as of April 26, 2024, 4:00 p.m. ET

Growth has stalled and margins may be next.

Enphase Energy (ENPH 3.80%) has dropped like a rock over the last year as solar installations in the U.S. have stalled. In this video, Travis Hoium goes over why the next step may be falling margins as installers put pressure on suppliers.

*Stock prices used were end-of-day prices of Sept. 12, 2023. The video was published on Sept. 13, 2023.

Travis Hoium has positions in SunPower. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.