Enphase Energy (NASDAQ: ENPH) was a top-performing stock in 2022, but it’s been out of fashion in 2023. The stock is trading 50% lower than levels seen in December 2022. Is Enphase stock a buy now, or is more pain ahead? The below video shares Enphase stock analysis, commentary, valuation metrics, technical analysis, and ENPH stock price targets. Please don’t forget to subscribe to the channel for future videos and updates.
*Stock prices used were the afternoon prices of June 20, 2023. The video was published on June 20, 2023.
10 stocks we like better than Enphase Energy
When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed what they believe are the ten best stocks for investors to buy right now… and Enphase Energy wasn’t one of them! That’s right — they think these 10 stocks are even better buys.
*Stock Advisor returns as of June 12, 2023
Eric Cuka has positions in Enphase Energy. The Motley Fool recommends Enphase Energy. The Motley Fool has a disclosure policy. Eric Cuka is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel.