Goldman Sachs analyst Brian K. Lee maintains $Enphase Energy (ENPH.US)$ with a buy rating.
According to TipRanks data, the analyst has a success rate of 47.0% and a total average return of 2.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Enphase Energy (ENPH.US)$'s main analysts recently are as follows:
It's anticipated that investors may feel let down by the earnings report and forthcoming guidance, as Q3 figures fell short of expectations and a decrease in sequential storage shipments is projected for Q4. The underwhelming performance in Q3, as well as the primary variable affecting Q4 projections, is thought to be due to setbacks in Europe. This not only impacted the company's recent results but also suggests a potential negative implication for competitors in the solar energy sector. Nevertheless, the company's introduction of novel battery technology and metering solutions is expected to enhance its competitiveness in the market, particularly against prominent players in the industry.
Enphase Energy's Q4 revenue guidance was below expectations due to several headwinds. There is an anticipation that Europe may continue to pose challenges through 2025, potentially impacting current consensus estimates. Forecasts suggest a 17% deviation below consensus for revenue and EBITDA in 2025.
Enphase Energy's third-quarter outcomes fell short of forecasts due to reduced volume, and its fourth-quarter projections are also under the consensus, influenced by demanding market conditions in Europe and diminished battery deliveries. Despite implementing various internal improvement measures, the company is dealing with difficult economic circumstances in Europe and market disturbances in the U.S.
Note:
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