What's Going On With Enphase Energy Stock Wednesday?
Portfolio Pulse from Adam Eckert
Enphase Energy Inc (NASDAQ:ENPH) shares are trading higher following the company's second-quarter financial results. Despite missing revenue and EPS estimates, the company reported strong U.S. revenue growth and significant free cash flow. Analysts have adjusted their price targets, with mixed ratings.
July 24, 2024 | 2:41 pm
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Enphase Energy's Q2 results showed mixed performance with revenue and EPS missing estimates but strong U.S. revenue growth and significant free cash flow. Analysts have mixed ratings and adjusted price targets.
Enphase Energy's Q2 results showed a mixed performance. While revenue and EPS missed estimates, the company reported strong U.S. revenue growth and significant free cash flow. Analysts have mixed ratings but adjusted their price targets, indicating a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100