Enphase Earnings Note

Quick Note: Shares of Enphase are now down -45% year-to-date after today's earnings (weak guidance, as explained in the note below). Shares of Enphase are quickly moving into HATED territory.

At the start of this year Meta (META) and Tesla (TSLA) were HATED! They are now:

  • Meta: +159% ytd

  • Tesla: +107% ytd

Enphase is growing rapidly and supported by massive secular TAM. Enphase is a long-term Buy. You can read our previous full report on Enphase here.