Enphase Energy, Inc. (ENPH): A Bull Case Theory

We came across a bullish thesis on Enphase Energy, Inc. on Elliot’s Musings’ Substack by Elliot. In this article, we will summarize the bulls’ thesis on ENPH. Enphase Energy, Inc.'s share was trading at $35.85 as of June 20^th. ENPH’s trailing and forward P/E ratios were 32.89 and 14.51, respectively, according to Yahoo Finance.

[caption id="attachment_1223553" align="aligncenter" width="768"] An energy-efficient home connected to a large power grid system.[/caption]

Enphase Energy (ENPH) reported Q3 revenue of $380.9 million, slightly missing estimates, but the larger issue...