You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Enphase stock is down 16% after the company reported Q3 earnings. Is the stock a buy right now?
In this video, I will go over Enphase Energy's (ENPH 3.80%) third-quarter earnings and explain why the stock crashed 16%. This should come as no surprise after SolarEdge released its preliminary financial results for the third quarter, showing a slowdown in growth.
*Stock prices used were from the trading day of Oct. 26, 2023. The video was published on Oct. 26, 2023.
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
