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Enphase Energy Stock Is Up, but the Future Is Still Cloudy

The market liked Enphase's fourth-quarter earnings report, but there were some weak signs in the numbers and guidance.

By Travis Hoium – Feb 9, 2024 at 9:00AM EST

Enphase Energy's (ENPH 2.19%) earnings have been well received by the market, but the company's recovery is still a long way off. In this video, Travis Hoium goes through results and what investors should expect from Enphase in the next few quarters.

*Stock prices used were end-of-day prices of Feb. 6, 2024. The video was published on Feb. 7, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has no position in any of the stocks mentioned. 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.

Stocks Mentioned

Enphase Energy Stock Quote
Enphase Energy
NASDAQ: ENPH
$40.25
(-2.19%)-$0.90

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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