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Here's How Much $1000 Invested In Enphase Energy 5 Years Ago Would Be Worth Today

Benzinga Real-time News ·  Dec 10, 2022 01:06

Enphase Energy (NASDAQ:ENPH) has outperformed the market over the past 5 years by 151.77% on an annualized basis producing an average annual return of 160.05%. Currently, Enphase Energy has a market capitalization of $43.97 billion.

Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 5 years ago, it would be worth $119,813.81 today based on a price of $323.50 for ENPH at the time of writing.

Enphase Energy's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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