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Morningstar

Morningstar

May 27, 2026

Enphase Energy, Inc.: Enphase Earnings: Inventory Destocking Hits Short-Term Results, but Long-Term Risks Also Brew

Symbols

ENPH

Sector(s)

Technology

Rating

Current Price

68.36

Fair Value

Economic Moat

Stewardship

Summary

Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrat

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Analyst Profile

Joshua Aguilar

Equity Analyst

Joshua Aguilar is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers a variety of industrials stocks, including diversified conglomerates. Prior to becoming an analyst, Aguilar was an associate on Morningstar’s financial-services team and a member of the valuation committee.Before joining Morningstar, Aguilar was a small-business-transaction attorney and represented clients in entity formation, buying and selling businesses, contract drafting, and deal negotiation.Aguilar holds a juris doctor degree from Wake Forest, a Master of Business Administration in finance from Rollins College, and a bachelor’s degree in political science and criminology from the University of Florida, where he graduated magna cum laude.

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