Enphase Energy (ENPH) displayed a high distribution of its
NEM 3.0 product in
California, and launched
IQ8 Microinverters in Finland, alongside starting
IQ Battery 5P shipment in Mexico. Share movement has been fluctuating, with stakeholders, such as Thurman J. Rodgers, having sold over 300K shares of ENPH stock, and others having purchased large volumes of ENPH options, with also a reported unusually high options trading. ENPH faces
legal issues with multiple
class action lawsuits filed against it and announced investor alerts. Price target has been lifted to $150 by
Canaccord Genuity amid the turbulence. Despite
falling short in Q1 Earnings and Revenue estimates, ENPH has been named a top alternative energy pick by analysts and a top growth stock for the long term. The market experienced an irrational rally craving, according to reports. Recently, there is news on ENPH stock soaring by 15% in a day although the company's stock has been underperforming compared to the broader market.
Enphase Energy ENPH News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Sun, 02 Jun 2024 14:03:48 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -7
