Residential solar companies face bankruptcies, soft first-quarter sales, and shrinking demand after federal tax credit changes.
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Residential solar companies face bankruptcies, soft first-quarter sales, and shrinking demand after federal tax credit changes.
If you are wondering whether Enphase Energy is starting to look attractive at current levels, the key question is whether the recent share price reflects the underlying value of the business. The stock last closed at US$32.54, with returns of 7.7% decline over 7 days, 6.8% decline over 30 days, 3.6% decline year to date and 26.7% decline over the past year, following even larger share price declines over 3 and 5 years. Recent commentary has focused on how these moves fit with changing...
Enphase Energy’s stock dropped after earnings as U.S. solar demand weakened, overshadowing its push into data-center power equipment.