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Stock impact report

Enphase: Market Pessimism Won't Last Forever [Seeking Alpha]

Enphase Energy, Inc. (ENPH) 
Last enphase energy, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.enphase.com
Company Research Source: Seeking Alpha
Q1 earnings show a decline in revenue and profitability, raising deep concerns about Enphase's secular growth thesis. ENPH's guidance for Q2 suggests under-shipment of end market demand, but management highlighted being cautious. I explain why ENPH has likely seen its worst selloff in 2023, even as near-term buying sentiments could remain tepid. With significant pessimism likely reflected, ENPH stock looks well-positioned for further gains through 2024. Enphase Stock Hampered By Interest Rate Headwinds Enphase Energy ( NASDAQ: ENPH ) investors have continued to experience significant volatility even as ENPH bottomed out in November 2023. ENPH surged to its December 2023 highs as investors anticipated a dovish Fed ready for Recommended For You Recommended For You About ENPH Stock Show less Read more
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