The Real Reason Enphase Energy Stock Is Down 60% In the Past Year
HTML-код
- Опубликовано: 15 сен 2024
- 💰Free Asymmetric Investing Newsletter: asymmetric-inv...
TRAVIS ON TWITTER: / travishoium
📊 20% Off Investment Research Tool Koyfin: www.koyfin.com...
🧐Looking for great investment ideas? Visit www.fool.com/asym for ten top stock picks from The Motley Fool.
A portion of this video is sponsored by The Motley Fool.
Visit fool.com/asym to get access to my special offer. The Motley Fool Stock Advisor returns are 512% as of 8/2/2023 and measured against the S&P 500 returns of 135% as of 8/2/2023. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.
![Eminem - Fuel (Shady Edition) feat. Westside Boogie & GRIP [Official Audio]](http://i.ytimg.com/vi/k1OquBida9s/mqdefault.jpg)
Bought today and will dca from here!
Hope you are DCA-ing, it's gonna be long way back to breaking even from now. Or maybe the bottom is still young?
1-Look at the 10yr t-bill chart: the yield may be double topping at the 4.34 level; 2-Look at the enphase chart: coincidentaly enphase is at the 122 level for a week now (maybe a bottom correlated with the topping of the 10 yr t-bills); 3-That chinese competitor that you talked about is non-existent (we can always talk about the chance of the impact of an asteroid...); 4-Don't know if enph is cheap or expensive on a 1 yr basis, but I know that it's a bargain on a 10 yr time frame. Contrary to 2010, now we know the staggering level of transformation that the planetary energy grid must undertake in order to replace the fossil fuel industry and I would invite you to identify any renewable energy company with a healthier balance sheet and better cash flow dynamics than enphase...Could it have a bump for a couple of quarters? Sure. But that's just it. One way or another, thanks for the interesting video.
I agree with your analysis that high interest rates are affecting financing, but is there a significant share of the US market that is not financing, and is looking for the most reliable and efficient solar ecosystem for their home for increased resilience in the face of increased extreme weather events (and maybe also as a hedge against anticipated increases in utility costs due to the rising cost of oil)? Also, do you think Enphase's international growth at least partially offset the inventory-related dip in revenues?
I would check out MAXN (Maxeon Solar) stock .. what do you think about its big potential appreciation?
Doesnt enphase get government subsidies to build inverters in USA? I believe just subsidies cover all manufacturing cost of inverters. Also they do expand manufacturing to get most subsidies possible.?
You're Wrong.
NEM 3.0 Happened in California.
That's what happened.
What about batteries? With the switch to NEM 3 in CA, consumers will be incentivized to purchase them, and the new IQ Battery 5P is pretty solid. Not sure if that's nearly enough to make up for the anticipated drop in microinverter sales though.
Batteries will likely help sales. I'm not sure they'll help margins. Batteries are a commodity and have typically been very low margin, even for a company like Tesla. No one has figured out how to make something like a virtual power plant very profitable yet. Maybe it happens. But I wouldn't bank on it.
About mid-June, Motley fool recommended ENPH.....While most of MF's recommendations are solid, this particular one stands out as bad . I don't think the basics you went over were very different when the MF recommendation went out. So.....MF....what's up with your analyst who made the recommendation????
I install solar in Australia enphase is not so popular. Its only good for really tricky roofs which is a very small percentage. It's less reliable than a good quality string inverter and more expensive. Having so many microinverters on the roof is just more possibilities of problems. The Chinese inverters have the majority of market share because they are so much cheaper and reasonablyreliable. Most solar systems only stay on roofs for around 10 years any way then we rip them off and put new ones on so its hard to justify these expensive inverters when you could buy 3 cheaper ones for the same price. All the premium brands are going down hill. Sunpower REC fronius enphase etc they cant compete with the Chinese.
Have you actually found that Enphase microinverters that your team installed were less reliable, or has that been the general feeling about them in your area? I'm wondering because I have 40 panels with Enphase IQ7s on my roof for around 5 years now, and they've all been fine. I was there when my installers put them in, and it seemed really efficient. No issues, and I haven't seen a decrease in the wattage over the years, which I'm happy about. My Enphase batteries have been fine during outages, even when pumps turn on.
Your US centric blinders are a disservice. Your view on residential solar in off balance.
I'm happy to learn. What do you think I need to know?
Enphase is overprice for a stock, the P/E is way to high year over year, from 2022 the net income would give a P/E of about 40, and you would have a 2 percent return per share purchased per income generated, this is not worth buying at all going strictly off of income history and the current price.