Enphase and SolarEdge Stocks Down Over 50%: Time to Buy or Broken Thesis?

By Jason Hall and Tyler Crowe – Dec 17, 2023 at 6:03AM

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

Will the cycle turn back to growth?

It's been a brutal 2023 for former solar growth darlings Enphase Energy (ENPH 3.80%) and SolarEdge (SEDG 2.81%). In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what's gone wrong, what to expect, and whether they view either stock as a buy right now.

*Stock prices used were from the afternoon of Dec. 13, 2023. The video was published on Dec. 16, 2023.

Jason Hall has positions in SolarEdge Technologies. Tyler Crowe has positions in SolarEdge Technologies. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Jason Hall 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.