ENPH Snapshot del titolo Prezzo, capitalizzazione di mercato, P/E, EPS, ROE, debito/capitale proprio, intervallo 52 settimane

03

Prezzo $33.45

Capitalizzazione di Mercato (MRQ) $4.42B

P/E (TTM) 33.5

EPS (TTM) $1.00

Ricavi (TTM) $1.33B

ROE (TTM) 13.0%

D/E Debito/Patrimonio (MRQ) 0.5

Intervallo 52 sett. $26–$74

ENPH Grafico del prezzo delle azioni OHLCV giornaliero con indicatori tecnici — panoramica, zoom e personalizza la tua visualizzazione

04

intervallo

barre

La granularità delle barre si adatta al periodo selezionato — passa il mouse sul grafico per vedere apertura/massimo/minimo/chiusura di una barra.

Informazioni su Enphase Energy, Inc. - Common Stock Panoramica della società da Wikipedia

05 · wikidata

Enphase Energy è una società di tecnologia energetica americana quotata al NASDAQ con sede a Fremont (California), in California. Enphase progetta e produce soluzioni energetiche domestiche basate su software che coprono la generazione solare, l'accumulo di energia domestica, il monitoraggio e il controllo basati sul web. Enphase ha spedito circa trenta milioni di microinverter solari, principalmente nei mercati residenziali e commerciali in Nord America, Europa e Australia. I microinverter convertono la corrente continua dal pannello solare (DC) direttamente in corrente alternata (AC) compatibile con la rete per l'uso o l'esportazione. Enphase è stata la prima azienda a commercializzare con successo il microinverter su larga scala e rimane leader di mercato nella loro produzione.

Fonte: Wikipedia, CC BY-SA 4.0 · Vedi su Wikipedia ↗

Wikidata ↗

settoreTechnology industriaSemiconductors dipendenti2.872 paeseUS

Performance decennale Andamento di ricavi, utile netto, margini e EPS

06

Ricavi$1.47B

2017-12-31 → 2025-12-31

EPS$1.29

2022-12-31 → 2025-12-31

Flusso di cassa libero$96M

2017-12-31 → 2025-12-31

Margine netto10.1%

2017-12-31 → 2025-12-31

Valutazione e Rapporti 07–12

Valutazione Rapporti P/E, P/S, P/B, EV/EBITDA — il titolo è costoso o economico?

Metrica	ENPH	media 5 anni	Mediana dei peer	Verdetto
P/E (TTM)	33.5media 5 anni ≈63.7	≈63.7	63.4	Sottovalutato
P/S (TTM)	3.3media 5 anni ≈8.3	≈8.3	6.2	Sottovalutato
P/B (MRQ)	3.7media 5 anni ≈19.2	≈19.2	5.5	Sopravvalutato
EV / EBITDA (TTM)	21.1media 5 anni ≈44.0	≈44.0	32.1	Sottovalutato
Prezzo / FCF (TTM)	29.0media 5 anni ≈36.3	≈36.3	·	·
Prezzo / Flusso di cassa (TTM)	21.6media 5 anni ≈30.7	≈30.7	24.8	Sopravvalutato
EV / Ricavi (TTM)	3.1media 5 anni ≈8.1	≈8.1	·	·
EV / FCF (TTM)	26.6media 5 anni ≈35.0	≈35.0	·	·
Prezzo / Valore contabile tangibile (MRQ)	3.8media 5 anni ≈29.2	≈29.2	·	·

La mediana dei peer viene calcolata su base standardizzata per metrica e potrebbe non corrispondere sempre alla base TTM/MRQ mostrata per questo titolo.

Redditività Margini lordi, operativi e netti; ROE, ROA, ROIC

Metrica	ENPH	media 5 anni	Mediana dei peer	Verdetto
Margine lordo (TTM)	46.9%media 5 anni ≈45.5%	≈45.5%	42.4%	Di prim'ordine
Margine Operativo (TTM)	8.3%media 5 anni ≈13.8%	≈13.8%	10.0%	Di prim'ordine
Margine EBITDA (TTM)	14.5%media 5 anni ≈18.1%	≈18.1%	14.2%	Di prim'ordine
Margine ante imposte (TTM)	12.3%media 5 anni ≈16.2%	≈16.2%	11.2%	Di prim'ordine
Margine di Profitto Netto (TTM)	10.1%media 5 anni ≈13.9%	≈13.9%	10.0%	Di prim'ordine
ROA (TTM)	4.4%media 5 anni ≈9.2%	≈9.2%	4.3%	Di prim'ordine
ROE (TTM)	13.0%media 5 anni ≈32.2%	≈32.2%	6.7%	Di prim'ordine
ROIC	5.8%media 5 anni ≈11.1%	≈11.1%	5.0%	In linea

Salute finanziaria Debito, liquidità, solvibilità — solidità del bilancio

Metrica	ENPH	media 5 anni	Mediana dei peer	Verdetto
Debito / Patrimonio Netto (MRQ)	0.5media 5 anni ≈1.4	≈1.4	0.3	Debito elevato
Rapporto corrente (MRQ)	3.5media 5 anni ≈3.4	≈3.4	3.7	Bassa liquidità
Quick Ratio (MRQ)	2.1media 5 anni ≈2.9	≈2.9	2.0	In linea
Debito a lungo termine / Patrimonio netto (MRQ)	0.5media 5 anni ≈1.2	≈1.2	0.3	Debito elevato

Crescita Crescita di ricavi, EPS e utile netto: YoY, CAGR 3Y, CAGR 5Y

Metrica	ENPH	media 5 anni	Mediana dei peer	Verdetto
Revenue YoY (Ricavi YoY)	10.7%media 5 anni ≈8.9%	≈8.9%	·	·
Revenue CAGR 3Y (CAGR Ricavi 3Y)	-14.2%media 5 anni ≈9.4%	≈9.4%	·	·
Revenue CAGR 5Y (CAGR Ricavi 5Y)	13.7%	·	·	·
EPS YoY	72.0%media 5 anni ≈2.5%	≈2.5%	·	·
Net Income YoY (Utile Netto YoY)	67.7%media 5 anni ≈43.7%	≈43.7%	·	·
EPS CAGR 3Y (CAGR EPS 3 anni)	-22.5%	·	·	·
Net Income CAGR 3Y (CAGR Utile Netto 3 anni)	-24.3%media 5 anni ≈4.4%	≈4.4%	·	·
Net Income CAGR 5Y (CAGR Utile Netto 5 anni)	5.1%	·	·	·

Metriche per Azione EPS, valore contabile per azione, flusso di cassa per azione, dividendo per azione

Metrica	ENPH	media 5 anni	Mediana dei peer	Verdetto
EPS (Diluted) (EPS (Diluito))	$1.29media 5 anni ≈$1.97	≈$1.97	·	·
Revenue / Share (Ricavi / Azione)	$10.92media 5 anni ≈$13.14	≈$13.14	·	·
Cash Flow / Share (Flusso di cassa / Azione)	$1.01media 5 anni ≈$3.68	≈$3.68	·	·
Cash / Share (Liquidità / Azione)	$3.62media 5 anni ≈$3.00	≈$3.00	·	·

Efficienza del Capitale Rotazione delle attività, rotazione delle scorte, rotazione dei crediti

Metrica	ENPH	media 5 anni	Mediana dei peer	Verdetto
Asset Turnover (Rotazione delle attività)	0.4media 5 anni ≈0.6	≈0.6	0.6	Debole
Inventory Turnover (Rotazione delle scorte)	3.5media 5 anni ≈6.2	≈6.2	3.5	In linea
Receivables Turnover (Rotazione dei crediti)	6.5media 5 anni ≈5.4	≈5.4	6.4	In linea
Revenue / Employee (Ricavi / Dipendente)	≈$512.9K	·	·	·

valore · ≈ media 5 anni · mediana del settore · giudizio rispetto alla mediana

Cronologia utili EPS effettivo vs stima, surprise %, tasso di superamento, data prossimi utili

14

Sorpresa media 11.6%

Prossimo report Ott 26, 2026

Periodo	Rapporto	EPS Actual	EPS Stimato	Sorpresa
30 Giugno 2026	Lug 20, 2026	$0.46	$0.47	-2.3%
31 Marzo 2026		$0.47	$0.42	12.2%
31 Dicembre 2025		$0.71	$0.59	19.7%
30 Settembre 2025		$0.90	$0.66	36.3%
30 Giugno 2025		$0.69	$0.63	8.8%
31 Marzo 2025		$0.68	$0.72	-5.1%

Fondamentali Completi Tutte le metriche per anno — conto economico, stato patrimoniale, rendiconto finanziario

15

Conto Economico 17

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$1.47B	$1.33B	$2.29B	$2.33B	$1.38B	$774M	$624M	$316M	$286M	$323M	$357M	$344M
Cost of Revenue	$786M	$701M	$1.23B	$1.36B	$828M	$428M	$403M	$222M	$230M	$265M	$249M	$231M
Gross Profit	$687M	$629M	$1.06B	$975M	$554M	$346M	$221M	$94M	$56M	$58M	$108M	$113M
R&D Expense	$189M	$201M	$227M	$169M	$106M	$56M	$40M	$33M	$33M	$51M	$51M	$45M
SG&A Expense	$136M	$131M	$138M	$140M	$104M	$51M	$39M	$29M	$22M	$27M	$31M	$31M
Operating Expenses	$529M	$552M	$613M	$526M	$339M	$160M	$119M	$93M	$95M	$121M	$128M	$117M
Operating Income	$158M	$77M	$446M	$448M	$216M	$186M	$103M	$2M	$-39M	$-63M	·	·
Interest Expense	·	·	$9M	$9M	$45M	$21M	$10M	$11M	$8M	$3M	$501.0K	$2M
Other Non-op	$-11M	$-26M	$7M	$-431.0K	$6M	$-799.0K	$-5M	$-2M	$2M	$-514.0K	$-893.0K	$-994.0K
Pretax Income	$205M	$120M	$513M	$452M	$121M	$119M	$90M	$-10M	$-45M	$-66M	$-21M	$-7M
Income Tax	$33M	$18M	$74M	$55M	$-25M	$-15M	$-71M	$1M	$-149.0K	$1M	$1M	$766.0K
Net Income	$172M	$103M	$439M	$397M	$145M	$134M	$161M	$-12M	$-45M	$-67M	$-22M	$-8M
EPS (Basic)	$1.31	$0.76	$3.22	$2.94	·	·	·	·	·	·	·	·
EPS (Diluted)	$1.29	$0.75	$3.08	$2.77	·	·	·	·	·	·	·	·
Shares (Basic)	131,162,000	135,167,000	136,376,000	135,349,000	134,025,000	125,561,000	116,713,000	99,619,000	82,939,000	·	·	·
Shares (Diluted)	134,886,000	140,004,000	143,290,000	144,390,000	142,878,000	141,918,000	131,644,000	99,619,000	82,939,000	·	·	·
EBITDA	$238M	$159M	$520M	$507M	$248M	$205M	$117M	$11M	$9M	$11M	$11M	$8M

Stato Patrimoniale 28

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Equivalents	$474M	$369M	$289M	$473M	$119M	$679M	$251M	$106M	$29M	$18M	$28M	$42M
Short-term Investments	$1.04B	$1.25B	$1.41B	$1.14B	$897M	$0	·	·	·	·	·	·
Receivables	$230M	$224M	$446M	$441M	$334M	$182M	$145M	$79M	$65M	$61M	$46M	$45M
Inventory	$288M	$165M	$214M	$150M	$74M	$42M	$32M	$16M	$26M	$32M	$41M	$22M
Prepaid Expense	$576M	$221M	$89M	$61M	$38M	$30M	$26M	$21M	$10M	$7M	$6M	$6M
Current Assets	$2.61B	$2.33B	$2.44B	$2.26B	$1.46B	$933M	$500M	$222M	$130M	$118M	$122M	$115M
PP&E (Net)	$137M	$148M	$168M	$111M	$82M	$43M	$29M	$21M	$26M	$31M	$32M	$31M
PP&E (Gross)	$371M	$331M	$306M	$215M	$160M	$105M	$81M	$73M	$71M	$71M	$64M	$55M
Accum. Depreciation	$234M	$183M	$137M	$104M	$77M	$62M	$52M	$52M	$44M	$40M	$32M	$24M
Goodwill	$215M	$212M	$215M	$214M	$181M	$25M	$25M	$25M	$4M	$4M	$4M	$4M
Intangibles	$22M	$42M	$69M	$100M	$98M	$29M	$31M	$35M	$515.0K	$945.0K	$2M	$2M
Other Non-current Assets	$223M	$206M	$216M	$169M	$119M	$60M	$45M	$37M	$8M	$10M	$6M	$916.0K
Total Assets	$3.51B	$3.25B	$3.38B	$3.08B	$2.08B	$1.20B	$713M	$340M	$169M	$164M	$166M	$152M
Accounts Payable	$203M	$90M	$116M	$125M	$114M	$73M	$57M	$49M	$29M	$32M	$26M	$22M
Accrued Liabilities	$217M	$197M	$262M	$296M	$158M	$77M	$47M	$29M	$22M	$23M	$19M	$26M
Current Liabilities	$1.26B	$660M	$532M	$638M	$440M	$534M	$199M	$147M	$92M	$83M	$73M	$59M
Capital Leases	$31M	$23M	$19M	$19M	$12M	$15M	$10M	·	·	·	·	·
Other Non-current Liabilities	$65M	$55M	$51M	$44M	$17M	$17M	$12M	$3M	$2M	$2M	$3M	$4M
Total Liabilities	$2.42B	$2.42B	$2.40B	$2.26B	$1.65B	$716M	$441M	$332M	$178M	$162M	$124M	$105M
Long-term Debt	$1.20B	$1.30B	$1.29B	$1.29B	$1.04B	$331M	$106M	$110M	$50M	$24M	$0	$0
Total Debt	$1.20B	$1.30B	$1.29B	$1.29B	$1.04B	$331M	$106M	·	$32M	$24M	·	$0
Common Stock	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$0	$0
Paid-in Capital	$1.29B	$1.08B	$939M	$819M	$838M	$535M	$458M	$353M	$287M	$252M	$225M	$208M
Retained Earnings	$-204M	$-245M	$46M	$17M	$-406M	$-51M	$-185M	$-346M	$-296M	$-251M	$-183M	$-161M
AOCI	$2M	$-6M	$-2M	$-11M	$-2M	$434.0K	$-923.0K	$742.0K	$-656.0K	$-292.0K	$-210.0K	$-79.0K
Stockholders' Equity	$1.09B	$833M	$984M	$826M	$430M	$484M	$272M	$8M	$-9M	$1M	$41M	$47M
Liabilities + Equity	$3.51B	$3.25B	$3.38B	$3.08B	$2.08B	$1.20B	$713M	$340M	$169M	$164M	$166M	$152M
Shares Outstanding	131,080,000	132,448,000	135,722,000	136,441,000	133,894,000	128,962,000	123,109,000	107,035,000	85,914,000	62,269,000	45,821,000	43,756,000

Flusso di cassa 19

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
D&A	$81M	$81M	$75M	$59M	$31M	$18M	$14M	$10M	$9M	$11M	$11M	$8M
Stock-based Comp	$214M	$211M	$213M	$217M	$114M	$43M	$20M	$11M	$7M	$10M	$13M	$10M
Deferred Tax	$14M	$-61M	$-47M	$-137.0K	$-31M	$-17M	$-73M	$123.0K	$-1M	$654.0K	$642.0K	$-35.0K
Amort. of Intangibles	$20M	$23M	$27M	$25M	$10M	$5M	$5M	$2M	$400.0K	$700.0K	$500.0K	$100.0K
Restructuring	$7M	$13M	$16M	$2M	$0	$0	$3M	$4M	$17M	$4M	$0	$0
Other Non-cash	$-344M	$179M	$17M	$72M	$91M	$39M	$17M	$7M	$2M	$13M	$-23M	$14M
Operating Cash Flow	$137M	$514M	$697M	$745M	$352M	$216M	$139M	$16M	$-28M	$-33M	$-21M	$24M
CapEx	$41M	$34M	$110M	$46M	$52M	$21M	$15M	$4M	$4M	$12M	$13M	$13M
Investing Cash Flow	$107M	$128M	$-366M	$-372M	$-1.22B	$-26M	$-15M	$-19M	$-4M	$-12M	$-12M	$-17M
Debt Issued	·	·	·	·	·	$0	$0	$68M	$26M	$24M	·	$0
Net Debt Issued	$-102M	·	$0	$0	$-2M	$-3M	$-46M	$58M	·	$0	$0	$-9M
Stock Issued	·	·	·	·	·	$0	$0	$20M	$26M	$16M	$0	$0
Stock Repurchased	$130M	$391M	$410M	$0	$500M	$0	$0	·	·	·	·	·
Net Stock Activity	$-130M	$-391M	$-410M	$0	$-500M	$0	$0	$20M	$26M	$16M	·	·
Financing Cash Flow	$-242M	$-460M	$-517M	$-17M	$309M	$192M	$66M	$81M	$43M	$34M	$21M	$-3M
Net Change in Cash	$10M	$175M	$-184M	$354M	$-560M	$383M	$190M	$77M	$11M	$-11M	$-14M	$4M
Taxes Paid	$20M	·	·	·	·	·	·	·	·	·	·	·
Free Cash Flow	$96M	$480M	$586M	$698M	$300M	$196M	$124M	$12M	$-33M	$-45M	$-34M	$11M
Levered FCF	·	·	$579M	$690M	$245M	$172M	$107M	$1M	$-40M	$-48M	$-34M	$9M

Redditività 8

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Gross Margin	46.6%	47.3%	46.2%	41.8%	40.1%	44.7%	35.4%	29.9%	19.6%	18.0%	30.3%	32.9%
Operating Margin	10.7%	5.8%	19.5%	19.2%	15.6%	24.1%	16.4%	0.50%	·	·	·	·
Net Margin	11.7%	7.7%	19.2%	17.1%	10.5%	17.3%	25.8%	-3.7%	-15.8%	-20.9%	-6.2%	-2.3%
Pretax Margin	13.9%	9.0%	22.4%	19.4%	8.8%	15.4%	14.4%	-3.2%	-15.8%	-20.5%	-5.8%	-2.1%
EBITDA Margin	16.2%	11.9%	22.7%	21.8%	18.0%	26.4%	18.7%	3.6%	3.1%	3.3%	2.9%	2.4%
ROA	5.1%	3.1%	13.6%	14.9%	8.9%	14.0%	30.6%	·	-27.2%	-41.0%	-13.9%	-6.0%
ROE	17.9%	11.6%	43.9%	55.4%	27.0%	29.8%	75.9%	·	1154.9%	-315.6%	-50.0%	-18.5%
ROIC	5.8%	3.1%	16.7%	18.6%	17.7%	25.7%	48.6%	·	·	·	·	·

Liquidità e Solvibilità 5

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Current Ratio	2.1	3.5	4.6	3.5	3.3	1.7	2.5	·	1.4	1.4	1.7	2.0
Quick Ratio	1.4	2.8	4.0	3.2	3.1	1.6	2.0	·	1.0	1.0	1.0	1.5
Debt / Equity	1.1	1.6	1.3	1.6	2.4	0.7	0.4	·	-3.5	18.3	·	0.0
LT Debt / Equity	0.5	1.4	1.3	1.5	2.2	0.0	0.4	·	-3.5	16.0	·	0.0
Interest Coverage	·	·	50.4	47.5	4.8	8.9	10.6	0.2	·	·	·	·

Efficienza 3

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Asset Turnover	0.4	0.4	0.7	0.9	0.8	0.8	1.2	·	1.7	2.0	2.2	2.6
Inventory Turnover	3.5	3.7	6.8	11.0	14.2	11.6	16.7	·	7.9	7.3	8.0	12.1
Receivables Turnover	6.5	4.0	5.2	5.8	5.4	4.7	5.6	·	4.5	6.0	7.8	8.9

Per Azione 5

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Book Value / Share	$8.29	$6.29	$7.25	$6.05	$3.21	$3.75	$2.21	·	$-0.11	$0.02	$0.90	$1.07
Revenue / Share	$10.92	$9.50	$15.99	$16.14	$9.67	$5.46	$4.74	·	·	·	·	·
Cash Flow / Share	$1.01	$3.67	$4.86	$5.16	$2.46	$1.52	$1.06	·	·	·	·	·
Cash / Share	$3.62	$2.79	$2.13	$3.47	$0.89	$5.27	$2.04	·	$0.34	$0.29	$0.62	$0.96
EPS (TTM)	$1.29	$0.75	$3.08	$2.77	·	·	·	·	·	·	·	·

Tassi di Crescita 8

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue YoY	10.7%	-41.9%	-1.7%	68.7%	78.5%	·	·	·	·	·	·	·
Revenue CAGR 3Y	-14.2%	-1.3%	43.5%	·	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	13.7%	·	·	·	·	·	·	·	·	·	·	·
EPS YoY	72.0%	-75.6%	11.2%	·	·	·	·	·	·	·	·	·
EPS CAGR 3Y	-22.5%	·	·	·	·	·	·	·	·	·	·	·
Net Income YoY	67.7%	-76.6%	10.5%	173.2%	8.6%	·	·	·	·	·	·	·
Net Income CAGR 3Y	-24.3%	-11.0%	48.5%	·	·	·	·	·	·	·	·	·
Net Income CAGR 5Y	5.1%	·	·	·	·	·	·	·	·	·	·	·

Valutazione (TTM) 14

Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue TTM	$1.47B	$1.33B	$2.29B	$2.33B	$1.38B	$774M	$624M	$316M	$286M	$323M	$357M	$344M
Net Income TTM	$172M	$103M	$439M	$397M	$145M	$134M	$161M	$-12M	$-45M	$-67M	$-22M	$-8M
Market Cap	$4.20B	$9.10B	$17.93B	$36.15B	$24.49B	$22.63B	$3.22B	·	$207M	$63M	$161M	$625M
Enterprise Value	$3.89B	$8.78B	$17.53B	$35.83B	$24.52B	$22.28B	$3.07B	·	$210M	$69M	·	$583M
P/E	24.8	91.6	42.9	95.7	·	·	·	·	·	·	·	·
P/S	2.9	6.8	7.8	15.5	17.7	29.2	5.2	·	0.7	0.2	0.5	1.8
P/B	3.9	10.9	18.2	43.8	56.9	46.8	11.8	·	-22.7	48.4	3.9	13.3
P / Tangible Book	4.9	15.7	25.6	70.5	162.0	52.6	·	·	·	·	·	·
P / Cash Flow	30.8	17.7	25.7	48.5	69.6	104.6	23.1	·	-7.3	-1.9	-7.6	25.8
P / FCF	43.8	18.9	30.6	51.8	81.7	115.6	25.9	·	-6.4	-1.4	-4.8	57.0
EV / EBITDA	16.3	55.3	33.7	70.7	98.7	108.9	26.3	·	23.3	6.5	·	70.6
EV / FCF	40.6	18.3	29.9	51.3	81.8	113.8	24.7	·	-6.5	-1.5	·	53.2
EV / Revenue	2.6	6.6	7.7	15.4	17.7	28.8	4.9	·	0.7	0.2	·	1.7
Earnings Yield	4.0%	1.1%	2.3%	1.1%	·	·	·	·	·	·	·	·

Conto Economico 17

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue	$292M	$283M	$343M	$410M	$363M	$356M	$383M	$381M	$303M	$263M	$303M	$551M	$711M	$726M	$725M	$635M
Cost of Revenue	$117M	$183M	$191M	$214M	$193M	$188M	$184M	$203M	$166M	$148M	$156M	$289M	$388M	$400M	$414M	$367M
Gross Profit	$175M	$100M	$152M	$196M	$170M	$168M	$198M	$178M	$137M	$116M	$147M	$262M	$323M	$326M	$311M	$268M
R&D Expense	$46M	$45M	$46M	$47M	$45M	$50M	$50M	$48M	$49M	$54M	$55M	$55M	$60M	$57M	$50M	$44M
SG&A Expense	$31M	$33M	$35M	$33M	$34M	$34M	$32M	$30M	$34M	$35M	$33M	$34M	$34M	$36M	$37M	$32M
Operating Expenses	$123M	$130M	$130M	$130M	$133M	$136M	$143M	$128M	$135M	$145M	$157M	$144M	$153M	$159M	$154M	$132M
Operating Income	$52M	$-30M	$22M	$66M	$37M	$32M	$55M	$50M	$2M	$-29M	$-10M	$118M	$170M	$168M	$157M	$135M
Interest Expense	·	·	·	·	·	·	·	·	·	$2M	·	$2M	$2M	$2M	·	$2M
Other Non-op	$-1M	$4M	$2M	$-4M	$-9M	$-14.0K	$-1M	$-17M	$-8M	$87.0K	$4M	$2M	$-33.0K	$426.0K	$5M	$-3M
Pretax Income	$62M	$-14M	$39M	$77M	$42M	$47M	$70M	$51M	$11M	$-11M	$12M	$137M	$185M	$179M	$168M	$134M
Income Tax	$26M	$-6M	$-16.0K	$10M	$5M	$17M	$8M	$5M	$383.0K	$5M	$-9M	$23M	$27M	$32M	$14M	$19M
Net Income	$36M	$-7M	$39M	$67M	$37M	$30M	$62M	$46M	$11M	$-16M	$21M	$114M	$157M	$147M	$154M	$115M
EPS (Basic)	$0.27	$-0.06	$0.29	$0.51	$0.28	$0.23	$0.46	$0.34	$0.08	$-0.12	$0.16	$0.84	$1.15	$1.07	·	·
EPS (Diluted)	$0.27	$-0.06	$0.29	$0.50	$0.28	$0.22	$0.46	$0.33	$0.08	$-0.12	$0.17	$0.80	$1.09	$1.02	·	·
Shares (Basic)	131,963,000	131,337,000	·	130,797,000	131,031,000	131,869,000	·	135,329,000	135,646,000	135,891,000	·	136,165,000	136,607,000	136,689,000	·	135,633,000
Shares (Diluted)	135,122,000	131,337,000	·	132,995,000	135,219,000	136,208,000	·	139,914,000	136,123,000	135,891,000	·	143,863,000	145,098,000	145,986,000	·	145,962,000
EBITDA	$52M	$-9M	·	$66M	$37M	$52M	·	$50M	$2M	$-9M	·	$118M	$170M	$184M	·	$135M

Stato Patrimoniale 29

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Cash & Equivalents	$529M	$498M	$474M	$402M	$371M	$350M	$369M	$256M	$252M	$254M	$289M	$290M	$279M	$286M	$473M	$338M
Short-term Investments	$408M	$433M	$1.04B	$1.08B	$1.16B	$1.12B	$1.25B	$1.51B	$1.39B	$1.38B	·	$1.49B	$1.52B	$1.49B	·	$1.08B
Receivables	$274M	$197M	$230M	$266M	$223M	$226M	$224M	$232M	$277M	$364M	·	$560M	$520M	$516M	·	$368M
Inventory	$285M	$291M	$288M	$189M	$173M	$144M	$165M	$159M	$176M	$208M	·	$174M	$166M	$151M	·	$146M
Prepaid Expense	$454M	$412M	$576M	$460M	$363M	$296M	$221M	$203M	$142M	$101M	·	$80M	$74M	$68M	·	$51M
Current Assets	$1.95B	$1.83B	$2.61B	$2.39B	$2.29B	$2.20B	$2.33B	$2.36B	$2.24B	$2.30B	·	$2.60B	$2.56B	$2.51B	·	$1.98B
PP&E (Net)	$136M	$139M	$137M	$131M	$137M	$142M	$148M	$148M	$152M	$158M	·	$173M	$152M	$133M	·	$92M
PP&E (Gross)	·	·	$371M	·	·	·	$331M	·	·	·	·	·	·	·	·	·
Accum. Depreciation	·	·	$234M	·	·	·	$183M	·	·	·	·	·	·	·	·	·
Goodwill	$213M	$214M	$215M	$214M	$215M	$212M	$212M	$214M	$213M	$214M	$215M	$213M	$214M	$214M	$214M	$196M
Intangibles	$13M	$18M	$22M	$27M	$32M	$37M	$42M	$51M	$57M	$63M	·	$79M	$86M	$93M	·	$91M
Other Non-current Assets	$316M	$212M	$223M	$235M	$193M	$211M	$206M	$185M	$204M	$214M	·	$215M	$195M	$184M	·	$140M
Total Assets	$2.92B	$2.72B	$3.51B	$3.32B	$3.18B	$3.11B	$3.25B	$3.26B	$3.17B	$3.23B	·	$3.55B	$3.47B	$3.38B	·	$2.70B
Accounts Payable	$125M	$113M	$203M	$189M	$163M	$115M	$90M	$112M	$80M	$72M	·	$90M	$79M	$106M	·	$93M
Accrued Liabilities	$189M	$196M	$217M	$208M	$207M	$212M	$197M	$190M	$198M	$234M	·	$435M	$425M	$397M	·	$256M
Current Liabilities	$565M	$482M	$1.26B	$1.17B	$1.16B	$1.16B	$660M	$567M	$530M	$554M	·	$774M	$744M	$729M	·	$550M
Capital Leases	$31M	$31M	$31M	$24M	$26M	$27M	$23M	$26M	$18M	$19M	·	$20M	$20M	$19M	·	$17M
Other Non-current Liabilities	$66M	$65M	$65M	$58M	$60M	$61M	$55M	$62M	$53M	$52M	·	$54M	$50M	$47M	·	$25M
Total Liabilities	$1.74B	$1.62B	$2.42B	$2.33B	$2.30B	$2.30B	$2.42B	$2.33B	$2.28B	$2.31B	·	$2.54B	$2.49B	$2.41B	·	$2.09B
Long-term Debt	$573M	$573M	$1.20B	$1.20B	$1.20B	$1.20B	$1.30B	$1.30B	$1.30B	$1.30B	·	$1.29B	$1.29B	$1.29B	·	$1.29B
Total Debt	$573M	$573M	·	$1.20B	$1.20B	$1.20B	·	$1.30B	$1.30B	$1.30B	·	$1.29B	$1.29B	$1.29B	·	$1.29B
Common Stock	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	$1.0K	·	$1.0K	$1.0K	$1.0K	·	$1.0K
Paid-in Capital	$1.36B	$1.32B	$1.29B	$1.23B	$1.18B	$1.13B	$1.08B	$1.03B	$993M	$941M	·	$899M	$858M	$813M	·	$762M
Retained Earnings	$-175M	$-211M	$-204M	$-243M	$-309M	$-316M	$-245M	$-105M	$-101M	$-12M	·	$125M	$190M	$164M	·	$-136M
Treasury Stock	·	·	·	·	·	·	·	·	·	·	·	$0	$68M	·	·	·
AOCI	$-8M	$-6M	$2M	$3M	$5M	$-2M	$-6M	$3M	$-8M	$-7M	·	$-10M	$-7M	$-7M	·	$-16M
Stockholders' Equity	$1.18B	$1.10B	$1.09B	$995M	$881M	$811M	$833M	$931M	$885M	$923M	$984M	$1.01B	$973M	$970M	$826M	$610M
Liabilities + Equity	$2.92B	$2.72B	$3.51B	$3.32B	$3.18B	$3.11B	$3.25B	$3.26B	$3.17B	$3.23B	·	$3.55B	$3.47B	$3.38B	·	$2.70B
Shares Outstanding	132,131,000	131,784,000	131,080,000	130,849,000	130,736,000	131,186,000	132,448,000	135,084,000	135,396,000	135,989,000	135,722,000	136,512,000	136,006,000	137,002,000	136,441,000	135,857,000

Flusso di cassa 15

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
D&A	$20M	$21M	$20M	$20M	$20M	$20M	$21M	$20M	$20M	$20M	$21M	$19M	$18M	$17M	$16M	$12M
Stock-based Comp	$44M	$49M	$53M	$51M	$54M	$56M	$52M	$46M	$53M	$61M	$55M	$44M	$54M	$60M	$64M	$52M
Amort. of Intangibles	$4M	$5M	$5M	$5M	$5M	$5M	$5M	$6M	$6M	$6M	·	$7M	$7M	$7M	·	$6M
Restructuring	·	·	·	·	·	·	$9M	$677.0K	$1M	·	$15M	$0	$177.0K	$693.0K	·	$594.0K
Other Non-cash	·	$40M	·	·	·	$-57M	·	·	·	$-16M	·	·	·	$23M	·	·
Operating Cash Flow	$40M	$103M	$48M	$14M	$27M	$48M	$167M	$170M	$127M	$49M	$35M	$146M	$269M	$246M	$254M	$188M
CapEx	$14M	$20M	$10M	$8M	$8M	$15M	$8M	$9M	$10M	$7M	$20M	$24M	$44M	$22M	$16M	$9M
Investing Cash Flow	$-10M	$576M	$24M	$21M	$-51M	$113M	$251M	$-112M	$-28M	$18M	$76M	$-15M	$-64M	$-364M	$-118M	$-338M
Net Debt Issued	·	$0	·	·	·	$-102M	·	·	·	·	·	·	·	·	·	·
Stock Repurchased	$0	$0	$0	$0	$30M	$100M	$200M	$50M	$100M	$42M	$100M	$110M	$200M	$0	$0	$0
Net Stock Activity	·	$0	·	·	·	$-100M	·	·	·	$-42M	·	·	·	·	·	·
Financing Cash Flow	$2M	$-651M	$2M	$-2M	$-28M	$-214M	$-203M	$-56M	$-101M	$-101M	$-115M	$-118M	$-212M	$-72M	$-3M	$-4M
Net Change in Cash	$32M	$23M	$72M	$31M	$-45M	$-49M	$208M	$4M	$-2M	$-35M	$-1M	$11M	$-7M	$-187M	$136M	$-158M
Free Cash Flow	·	$83M	·	·	·	$34M	·	·	·	$42M	·	·	·	$224M	·	·
Levered FCF	·	·	·	·	·	·	·	·	·	$39M	·	·	·	$222M	·	·

Redditività 8

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Gross Margin	60.0%	35.5%	·	47.8%	46.9%	47.2%	·	46.8%	45.2%	43.9%	·	47.5%	45.5%	45.0%	·	42.2%
Operating Margin	17.6%	-10.5%	·	16.1%	10.2%	9.0%	·	13.1%	0.59%	-11.1%	·	21.4%	23.9%	23.1%	·	21.3%
Net Margin	12.4%	-2.6%	·	16.2%	10.2%	8.3%	·	12.0%	3.6%	-6.1%	·	20.7%	22.1%	20.2%	·	18.1%
Pretax Margin	21.2%	-4.9%	·	18.8%	11.6%	13.2%	·	13.3%	3.7%	-4.4%	·	24.9%	26.0%	24.6%	·	21.1%
EBITDA Margin	17.6%	-3.1%	·	16.1%	10.2%	14.6%	·	13.1%	0.59%	-3.4%	·	21.4%	23.9%	25.4%	·	21.3%
ROA	1.2%	-0.25%	·	2.0%	1.2%	0.94%	·	1.3%	0.33%	-0.49%	·	3.6%	5.3%	5.3%	·	4.7%
ROE	3.5%	-0.77%	·	6.9%	4.2%	3.4%	·	4.7%	1.2%	-1.7%	·	14.0%	22.1%	17.2%	·	18.3%
ROIC	1.7%	-0.95%	·	2.6%	1.6%	1.0%	·	2.0%	0.08%	-1.8%	·	4.2%	6.4%	6.1%	·	6.1%

Liquidità e Solvibilità 5

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Current Ratio	3.5	3.8	·	2.0	2.0	1.9	·	4.2	4.2	4.2	·	3.4	3.4	3.4	·	3.6
Quick Ratio	2.1	2.3	·	1.5	1.5	1.5	·	3.5	3.6	3.6	·	3.0	3.1	3.1	·	3.2
Debt / Equity	0.5	0.5	·	1.2	1.4	1.5	·	1.4	1.5	1.4	·	1.3	1.3	1.3	·	2.1
LT Debt / Equity	0.5	0.5	·	0.6	0.6	0.7	·	1.3	1.4	1.3	·	1.2	1.2	1.2	·	2.0
Interest Coverage	·	·	·	·	·	·	·	·	·	-13.3	·	53.7	76.8	77.8	·	60.1

Efficienza 3

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Asset Turnover	0.1	0.1	·	0.1	0.1	0.1	·	0.1	0.1	0.1	·	0.2	0.2	0.3	·	0.3
Inventory Turnover	0.5	0.8	·	1.2	1.1	1.1	·	1.2	1.0	0.8	·	1.8	2.6	4.3	·	3.5
Receivables Turnover	1.2	1.3	·	1.6	1.5	1.2	·	1.0	0.8	0.6	·	1.2	1.7	1.9	·	2.0

Per Azione 5

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Book Value / Share	$8.94	$8.36	·	$7.60	$6.74	$6.18	·	$6.89	$6.53	$6.79	·	$7.43	$7.15	$7.08	·	$4.49
Revenue / Share	$2.16	$2.15	·	$3.09	$2.69	$2.61	·	$2.72	$2.23	$1.94	·	$3.83	$4.90	$4.97	·	$4.35
Cash Flow / Share	·	$0.78	·	·	·	$0.36	·	·	·	$0.36	·	·	·	$1.69	·	·
Cash / Share	$4.01	$3.78	·	$3.07	$2.83	$2.67	·	$1.90	$1.86	$1.87	·	$2.12	$2.05	$2.09	·	$2.48
EPS (TTM)	$1.00	$1.01	·	$1.46	$1.29	$1.09	·	$0.46	$0.93	$1.94	·	·	·	·	·	·

Valutazione (TTM) 11

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue TTM	$1.33B	$1.40B	·	$1.51B	$1.48B	$1.42B	·	$1.25B	$1.42B	$1.83B	·	$2.71B	$2.80B	$2.62B	·	$2.02B
Net Income TTM	$134M	$135M	·	$196M	$175M	$148M	·	$61M	$130M	$276M	·	$572M	$573M	$492M	·	$296M
Market Cap	$6.51B	$4.98B	·	$4.63B	$5.18B	$8.14B	·	$15.27B	$13.50B	$16.45B	·	$16.40B	$22.78B	$28.81B	·	$37.70B
Enterprise Value	$6.14B	$4.62B	·	$4.36B	$4.86B	$7.88B	·	$14.80B	$13.15B	$16.12B	·	$15.91B	$22.27B	$28.32B	·	$37.57B
P/E	49.2	37.4	·	24.2	30.7	56.9	·	245.7	107.2	62.4	·	·	·	·	·	·
P/S	4.9	3.6	·	3.1	3.5	5.7	·	12.2	9.5	9.0	·	6.0	8.1	11.0	·	18.7
P/B	5.5	4.5	·	4.7	5.9	10.0	·	16.4	15.3	17.8	·	16.2	23.4	29.7	·	61.8
P / Tangible Book	6.8	5.7	·	6.1	8.2	14.5	·	22.9	22.0	25.4	·	22.7	33.9	43.4	·	116.5
P / Cash Flow	·	48.4	·	·	·	168.1	·	·	·	334.4	·	·	·	117.0	·	·
EV / Revenue	4.6	3.3	·	2.9	3.3	5.5	·	11.8	9.3	8.8	·	5.9	8.0	10.8	·	18.6
Earnings Yield	2.0%	2.7%	·	4.1%	3.2%	1.8%	·	0.41%	0.93%	1.6%	·	·	·	·	·	·

Periodo più recente a sinistra · valori nulli mostrati come ·

Bilanci Conto economico, stato patrimoniale, flusso di cassa — annuale, ultimi 5 anni

16

Metrica	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-03-31
Ricavi	$1.47B	$1.33B	$2.29B	$2.33B	·
Margine Lordo %	46.6%	47.3%	46.2%	41.8%	·
Margine Operativo %	10.7%	5.8%	19.5%	19.2%	·
Utile netto	$172M	$103M	$439M	$397M	·
EPS Diluito	$1.29	$0.75	$3.08	$2.77	·

Metrica	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-03-31
Debito / Patrimonio Netto	1.1	1.6	1.3	1.6	·
Rapporto corrente	2.1	3.5	4.6	3.5	·
Quick Ratio	1.4	2.8	4.0	3.2	·

Metrica	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-03-31
Flusso di cassa libero	$96M	$480M	$586M	$698M	·

Proprietari istituzionali (13F) 639 filer · $7.9B totale · Aggiornato al 30 Settembre 2026

17

Istituzioni che segnalano il possesso di questo titolo nel loro Modulo SEC 13F trimestrale. Solo posizioni lunghe; un singolo depositante può apparire due volte per diverse gambe di opzioni. Grandi posizioni put/call contrapposte riflettono tipicamente market-making o inventario coperto, non convinzione direzionale.

Detentori 639

Valore detenuto $7.9B

Nuove posizioni 140

Posizioni chiuse 78

Attività istituzionale — Q2 2026 vs trimestre precedente

Nuove posizioni	Posizioni chiuse	Aumentato	Diminuito	Variazione netta delle azioni
140 (+36 vs trimestre precedente)	78 (+18 vs trimestre precedente)	165 (-7 vs trimestre precedente)	215 (+23 vs trimestre precedente)	+7.9M

Confrontato con Q1 2026. Le dichiarazioni SEC Form 13F sono dovute entro 45 giorni dalla fine del trimestre più un breve margine per i dichiaranti in ritardo — i trimestri ancora all'interno di questa finestra vengono saltati a favore della coppia più recente completamente riportata.

Istituzione	Valore	Azioni	% di 13F tracciati	Tipo
BlackRock, Inc.	$1.154.775.626	23.451.983	14,56%	Azioni
VANGUARD GROUP INC	$523.365.186	16.329.647	6,60%	Azioni
VANGUARD PORTFOLIO MANAGEMENT LLC	$446.443.077	9.066.675	5,63%	Azioni
VANGUARD CAPITAL MANAGEMENT LLC	$282.186.118	5.730.831	3,56%	Azioni
STATE STREET CORP	$233.723.224	4.746.613	2,95%	Azioni
TWO SIGMA INVESTMENTS, LP	$229.246.274	4.655.692	2,89%	Azioni
JANE STREET GROUP, LLC	$193.823.412	3.936.300	2,44%	Opzione Put
Invesco Ltd.	$180.289.253	3.661.439	2,27%	Azioni
JANE STREET GROUP, LLC	$176.914.396	3.592.900	2,23%	Opzione Call
GILDER GAGNON HOWE & CO LLC	$171.304.040	3.478.961	2,16%	Azioni
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$161.093.584	3.271.600	2,03%	Opzione Call
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$139.285.188	2.828.700	1,76%	Opzione Put
Slate Path Capital LP	$127.392.251	2.587.170	1,61%	Azioni
MORGAN STANLEY	$118.597.647	2.408.561	1,50%	Azioni
GEODE CAPITAL MANAGEMENT, LLC	$117.622.563	2.388.154	1,48%	Azioni
JPMORGAN CHASE & CO	$117.097.001	2.416.246	1,48%	Azioni
FIRST TRUST ADVISORS LP	$112.404.333	2.282.785	1,42%	Azioni
Robeco Schweiz AG	$101.520.323	2.061.745	1,28%	Azioni
DIMENSIONAL FUND ADVISORS LP	$96.059.612	1.950.258	1,21%	Azioni
CITADEL ADVISORS LLC	$91.561.780	1.859.500	1,15%	Opzione Call
CITADEL ADVISORS LLC	$84.988.240	1.726.000	1,07%	Opzione Put
TWO SIGMA ADVISERS, LP	$84.327.043	2.631.109	1,06%	Azioni
GOLDMAN SACHS GROUP INC	$82.309.240	1.671.593	1,04%	Azioni
FMR LLC	$82.237.917	1.670.145	1,04%	Azioni
Amundi	$81.086.610	1.646.878	1,02%	Azioni
COATUE MANAGEMENT LLC	$76.663.775	1.556.941	0,97%	Azioni
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$75.014.973	1.523.456	0,95%	Azioni
SCHRODER INVESTMENT MANAGEMENT GROUP	$72.993.819	1.482.409	0,92%	Azioni
NORGES BANK	$71.871.393	1.459.614	0,91%	Azioni
MILLENNIUM MANAGEMENT LLC	$71.069.175	1.443.322	0,90%	Azioni
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$69.948.030	1.420.553	0,88%	Azioni
FEDERATED HERMES, INC.	$68.946.636	1.400.216	0,87%	Azioni
NOMURA HOLDINGS INC	$61.825.744	1.255.600	0,78%	Opzione Call
UBS Group AG	$59.120.252	1.200.655	0,75%	Azioni
Driehaus Capital Management LLC	$52.190.904	1.059.929	0,66%	Azioni
NORTHERN TRUST CORP	$49.821.229	1.011.804	0,63%	Azioni
PeakShares LLC	$49.240.000	1.000	0,62%	Azioni
UBS Group AG	$46.585.964	946.100	0,59%	Opzione Put
Bank of New York Mellon Corp	$43.920.906	891.976	0,55%	Azioni
VANGUARD FIDUCIARY TRUST CO	$40.768.209	827.949	0,51%	Azioni
UBS Group AG	$40.598.725	824.507	0,51%	Opzione Call
Legal & General Group Plc	$39.127.531	794.629	0,49%	Azioni
NOMURA HOLDINGS INC	$38.186.703	775.522	0,48%	Azioni
PRINCIPAL FINANCIAL GROUP INC	$36.355.568	738.334	0,46%	Azioni
CITADEL ADVISORS LLC	$34.710.409	704.923	0,44%	Azioni
Arosa Capital Management LP	$32.744.600	665.000	0,41%	Opzione Call
Palo Duro Investment Partners, LP	$32.665.274	663.389	0,41%	Azioni
D. E. Shaw & Co., Inc.	$32.550.496	661.058	0,41%	Azioni
D. E. Shaw & Co., Inc.	$28.889.108	586.700	0,36%	Opzione Call
Capital World Investors	$27.700.307	562.557	0,35%	Azioni

Mostra tutti i 639 proprietari istituzionali →

Attivisti e proprietari del 5%+ 4 partecipazioni

18

Investitori che hanno depositato SEC Schedule 13D — proprietà effettiva superiore al 5% con l'intento di influenzare l'emittente (partecipazioni attiviste, campagne per il consiglio di amministrazione, M&A). Ogni riga mostra lo stato più recente noto della posizione di quel depositante.

Depositante	Depositato	Partecipazione	Stato	Scopo	Deposito
SunPower Corporation, SunPower Equity Holdings, LLC ×4 depositi	12 Marzo 2020	·	Deposito iniziale	·	SEC
KPCB Green Growth Fund, LLC (“KPCB GGF”), KPCB GGF Associates, LLC ×3 depositi	14 Febbraio 2018	·	Deposito iniziale	·	SEC
Third Point LLC, Daniel S. Loeb, Third Point Advisors II L.L.C. ×5 depositi	15 Maggio 2017	·	Deposito iniziale	·	SEC
Madrone Partners, L.P., Madrone Capital Partners, L.L.C., Jameson McJunkin ×3 depositi	21 Agosto 2014	·	Deposito iniziale	·	SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Insider aziendali 32 insider · 17 dirigenti · 15 direttori

19

Insider	Ruolo	Ultima attività	Azioni possedute	Acquisti 12m	Vendite 12m	Netto 12m
Badrinarayanan Kothandaraman	President & CEO	26 Maggio 2026 P	1.645.632	6	0	$1.060.102
Paul B Nahi	President and CEO	30 Maggio 2017 A	1.367.880	0	0	$0
Mandy Yang	EVP, Chief Financial Officer	10 Marzo 2026 F	90.335	0	1	$-198.060
Eric Branderiz	EVP & Chief Financial Officer	14 Febbraio 2022 F	69.834	0	0	$0
Humberto Garcia	VP and CFO	15 Maggio 2018 F	539.721	0	0	$0
Kris Sennesael	VP and CFO	29 Marzo 2016 A	314.924	0	0	$0
Jeff Mcneil	EVP & Chief Operating Officer	01 Marzo 2023 F	36.648	0	0	$0
Mary Erginsoy	VP, Chief Accounting Officer	01 Marzo 2026 F	30.537	0	0	$0
David A Ranhoff	EVP & Chief Commercial Officer	17 Giugno 2024 S	107.943	0	0	$0
Jeff Loebbaka	VP, Worldwide Sales	17 Giugno 2015 A	98.062	0	0	$0
Raghuveer R Belur	VP, Products and Strat. Init	20 Novembre 2012 P	9.420	0	0	$0
Ciaran Fox	VP, Quality & Reliability	16 Novembre 2012 P	3.000	0	0	$0
Bill Rossi	Chief Marketing Officer	16 Novembre 2012 P	3.494	0	0	$0
Stephen A Lapointe	VP, Global Human Resources	19 Settembre 2012 A	·	0	0	$0
Greg Steele	Sr. VP, Operations	15 Giugno 2012 A	7.000	0	0	$0
Dennis Hollenbeck	Vice President of Engineering	11 Maggio 2012 A	·	0	0	$0
Martin Fornage	Chief Technology Officer	11 Maggio 2012 A	1.619	0	0	$0
Richard Mora	Direttore	14 Agosto 2026 S	10.422	0	5	$-268.728
Shanker Trivedi	Direttore	12 Giugno 2026 P	1.000	1	0	$53.910
Joseph Ian Malchow	Direttore	13 Maggio 2026 A	69.912	0	0	$0
Benjamin John Kortlang	Direttore	13 Maggio 2026 A	14.059	0	0	$0
Steven J Gomo	Direttore	13 Maggio 2026 A	14.359	0	0	$0
Thurman J. Rodgers	Direttore	13 Maggio 2026 A	8.542	0	2	$-10.354.972
John Howard Weber	Direttore	06 Marzo 2018 M	0	0	0	$0
Neal Dempsey	Direttore	28 Aprile 2016 A	16.486	0	0	$0
Jameson J Mcjunkin	Direttore	30 Aprile 2015 A	4.338.287	0	0	$0
Robert S Schwartz	Direttore	19 Agosto 2014 S	43.463	0	0	$0
Stoddard Moran Wilson	Direttore	21 Febbraio 2014 S	4.171.132	0	0	$0
Chong Sup Park	Direttore	02 Maggio 2013 A	·	0	0	$0
Madrone Partners, L.P.	Proprietario del 10%	19 Agosto 2014 S	4.338.287	0	0	$0
RockPort Capital Partners II, LP	Proprietario del 10%	21 Febbraio 2014 S	4.171.132	0	0	$0
Jamie Elizabeth Haenggi	·	13 Maggio 2026 A	20.898	0	0	$0

Insider dai depositi SEC Modulo 3/4/5; netto = solo acquisti/vendite di mercato

Proprietà ETF Posseduti da 68 ETF

20

Il peso riflette solo le partecipazioni azionarie dirette (N-PORT); fondi a leva o basati su derivati possono detenere ulteriore esposizione swap non mostrata.

Fondo	Peso	Unità	Aggiornato al	Fonte
TAN · Invesco Exchange-Traded Fund Trust …	7,23%	1.948.630 SH	02 Ottobre 2026	Giornaliero
ICLN · iShares Trust	4,48%	2.602.496 SH	11 Settembre 2026	Giornaliero
VCLN · Virtus ETF Trust II	4,33%	6.326 NS	31 Luglio 2026	N-PORT
ETEC · iShares Trust	3,07%	3.357 SH	11 Settembre 2026	Giornaliero
SCOW · Pacer Funds Trust	2,45%	1.116 NS	31 Luglio 2026	N-PORT
PSCT · Invesco Exchange-Traded Fund Trust …	1,79%	292.219 SH	02 Ottobre 2026	Giornaliero
PBW · Invesco Exchange-Traded Fund Trust	1,46%	149.714 SH	02 Ottobre 2026	Giornaliero
IBAT · iShares Trust	1,01%	18.920 SH	11 Settembre 2026	Giornaliero
PBD · Invesco Exchange-Traded Fund Trust …	0,81%	28.280 SH	02 Ottobre 2026	Giornaliero
VIOV · VANGUARD ADMIRAL FUNDS	0,70%	279.666 SH	19 Agosto 2026	Giornaliero
ERTH · Invesco Exchange-Traded Fund Trust	0,67%	25.107 SH	02 Ottobre 2026	Giornaliero
POWR · iShares, Inc.	0,65%	80.720 SH	11 Settembre 2026	Giornaliero
FXN · First Trust Exchange-Traded AlphaDE…	0,58%	58.696 NS	31 Luglio 2026	N-PORT
CCSO · Tidal Trust II	0,46%	5.613 NS	31 Luglio 2026	N-PORT
NUSC · Nushares ETF Trust	0,36%	124.139 NS	31 Luglio 2026	N-PORT
VIOO · VANGUARD ADMIRAL FUNDS	0,35%	460.802 SH	19 Agosto 2026	Giornaliero
CCNR · Financial Investors Trust	0,31%	35.008 NS	31 Luglio 2026	N-PORT
QVMS · Invesco Exchange-Traded Fund Trust …	0,28%	19.750 SH	02 Ottobre 2026	Giornaliero
MADE · iShares Trust	0,23%	3.761 SH	11 Settembre 2026	Giornaliero
EQAL · Invesco Exchange-Traded Fund Trust …	0,21%	50.758 SH	02 Ottobre 2026	Giornaliero
BKSE · BNY Mellon ETF Trust	0,21%	4.799 NS	31 Luglio 2026	N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr…	0,19%	35.764 NS	31 Luglio 2026	N-PORT
IYE · iShares Trust	0,19%	98.041 SH	11 Settembre 2026	Giornaliero
VBR · VANGUARD INDEX FUNDS	0,13%	1.823.017 SH	19 Agosto 2026	Giornaliero
ESSC · Strategy Shares	0,13%	1.233 NS	31 Luglio 2026	N-PORT
DFAS · Dimensional ETF Trust	0,10%	413.084 NS	31 Luglio 2026	N-PORT
VFMO · VANGUARD WELLINGTON FUND	0,10%	41.363 SH	19 Agosto 2026	Giornaliero
ESML · iShares Trust	0,09%	66.330 SH	11 Settembre 2026	Giornaliero
RWJ · Invesco Exchange-Traded Fund Trust …	0,08%	45.893 SH	02 Ottobre 2026	Giornaliero
VXF · VANGUARD INDEX FUNDS	0,07%	1.512.649 SH	19 Agosto 2026	Giornaliero
VB · VANGUARD INDEX FUNDS	0,07%	2.871.987 SH	19 Agosto 2026	Giornaliero
VGT · VANGUARD WORLD FUND	0,07%	2.496.887 SH	19 Agosto 2026	Giornaliero
SMMD · iShares Trust	0,07%	67.935 SH	11 Settembre 2026	Giornaliero
ISCG · iShares Trust	0,06%	16.733 SH	11 Settembre 2026	Giornaliero
FTEC · FIDELITY COVINGTON TRUST	0,06%	330.834 NS	31 Luglio 2026	N-PORT
XT · iShares Trust	0,05%	57.557 SH	11 Settembre 2026	Giornaliero
IWS · iShares Trust	0,05%	190.216 SH	11 Settembre 2026	Giornaliero
WSML · iShares Trust	0,05%	8.146 SH	11 Settembre 2026	Giornaliero
IWR · iShares Trust	0,03%	526.960 SH	11 Settembre 2026	Giornaliero
IGM · iShares Trust	0,02%	61.946 SH	11 Settembre 2026	Giornaliero
VONV · VANGUARD SCOTTSDALE FUNDS	0,02%	77.410 SH	19 Agosto 2026	Giornaliero
DXUV · Dimensional ETF Trust	0,02%	2.503 NS	31 Luglio 2026	N-PORT
DFAC · Dimensional ETF Trust	0,02%	197.255 NS	31 Luglio 2026	N-PORT
DFSU · Dimensional ETF Trust	0,01%	8.410 NS	31 Luglio 2026	N-PORT
VEGN · ETF Series Solutions	0,01%	657 NS	31 Luglio 2026	N-PORT
IWD · iShares Trust	0,01%	284.217 SH	11 Settembre 2026	Giornaliero
PRF · Invesco Exchange-Traded Fund Trust	0,01%	35.049 SH	02 Ottobre 2026	Giornaliero
VTI · VANGUARD INDEX FUNDS	0,01%	3.974.368 SH	19 Agosto 2026	Giornaliero
VT · VANGUARD INTERNATIONAL EQUITY INDEX…	0,01%	104.326 SH	19 Agosto 2026	Giornaliero
VONE · VANGUARD SCOTTSDALE FUNDS	0,01%	21.317 SH	19 Agosto 2026	Giornaliero
VTHR · VANGUARD SCOTTSDALE FUNDS	0,01%	10.796 SH	19 Agosto 2026	Giornaliero
ESGV · VANGUARD WORLD FUND	0,01%	28.963 SH	19 Agosto 2026	Giornaliero
DCOR · Dimensional ETF Trust	0,01%	8.508 NS	31 Luglio 2026	N-PORT
TILT · FlexShares Trust	0,01%	5.346 NS	31 Luglio 2026	N-PORT
IYY · iShares Trust	0,01%	5.863 SH	11 Settembre 2026	Giornaliero
IWB · iShares Trust	0,01%	91.571 SH	11 Settembre 2026	Giornaliero
IWV · iShares Trust	0,01%	36.957 SH	11 Settembre 2026	Giornaliero
ITOT · iShares Trust	0,01%	172.315 SH	11 Settembre 2026	Giornaliero
DFUS · Dimensional ETF Trust	0,01%	36.572 NS	31 Luglio 2026	N-PORT
DFAU · Dimensional ETF Trust	0,00%	15.661 NS	31 Luglio 2026	N-PORT
DFUV · Dimensional ETF Trust	0,00%	155 NS	31 Luglio 2026	N-PORT
FBCG · FIDELITY COVINGTON TRUST	0,00%	88 NS	31 Luglio 2026	N-PORT
IJR · iShares Trust	·	8.043.188 SH	10 Settembre 2026	Giornaliero
IJS · iShares Trust	·	1.174.543 SH	08 Settembre 2026	Giornaliero
XJR · iShares Trust	·	18.230 SH	31 Agosto 2026	Giornaliero
ISCB · iShares Trust	·	5.898 SH	11 Settembre 2026	Giornaliero
ISCV · iShares Trust	·	17.693 SH	11 Settembre 2026	Giornaliero
SMLF · iShares Trust	·	65.136 SH	11 Settembre 2026	Giornaliero

ENPH Consenso degli analisti Opinioni degli analisti, sia rialziste che ribassiste, target price a 12 mesi, potenziale di rialzo

21

rating · 40 analisti MANTIENI

Target mediano $43.00 +28,6%

4 10,0% Acquisto forte

12 30,0% Compra

21 52,5% Mantieni

3 7,5% Vendi

0 0,0% Vendita forte

Target Price a 12 Mesi

26 analisti · 2026-10-05

Target medio $51.74 +54,7%

Ora Prezzo attuale $33.45

Basso$27.00 Media$51.74 Alto$212.00

Confronto Peer (GICS sub-settore industriale) Metriche chiave rispetto ai pari del settore

22

Base FY, prezzi alla chiusura dell'ultimo anno fiscale di ciascuna società.

Ticker	Capitalizzazione di Mercato	P/E	Rev YoY	Margine Netto	ROE	Margine lordo
ENPH	$4.20B	24.8	10.7%	11.7%	17.9%	46.6%
AMKR	$9.76B	26.3	6.2%	5.6%	8.7%	14.0%
FORM	$4.51B	84.1	2.8%	6.9%	5.4%	39.3%
ACMR	·	28.8	15.2%	10.4%	7.9%	44.4%
AXTI	$905M	-33.4	-11.1%	-24.1%	-9.1%	12.7%
ACLS	$2.47B	21.1	-17.6%	14.3%	11.7%	44.9%
COHU	$1.17B	-14.8	12.7%	-16.4%	-9.2%	·
AEHR	$3.00B	-401.4	-15.2%	-14.2%	-4.1%	35.3%
VECO	$1.73B	48.4	-7.4%	5.3%	4.1%	40.0%
UCTT	$1.18B	-6.5	-2.1%	-8.8%	-22.9%	15.7%
ICHR	$653M	-12.3	11.6%	-5.6%	-7.8%	9.3%

Ultime notizie Notizie recenti che menzionano questa società

23

Enphase Energy vs. Plug Power: Which Renewable Energy Stock Is a Better Buy in 2026? Nasdaq · 3 mesi fa Il guadagno del 34% del PBW dall'inizio dell'anno nasconde un brutale pattern quinquennale che si ripete in ogni ciclo di tassi Yahoo Finance · 3 mesi, 4 settimane fa Enphase Energy (ENPH) Raggiunge il Massimo Storico con il Nuovo Lancio di Prodotto Yahoo Finance · 4 mesi, 2 settimane fa Attività Notabile delle Opzioni di Mercoledì: ROOT, ENPH, SNDK Nasdaq · 5 mesi, 2 settimane fa Le 3 migliori azioni di energia rinnovabile da comprare e detenere per decenni Yahoo Finance · 6 mesi, 1 settimana fa Enphase Energy, Inc. (ENPH) e Ensol Collaborano per Espandere l'Adozione di Batterie Domestiche in Francia Yahoo Finance · 6 mesi, 2 settimane fa

Le Mie Metriche La tua watchlist personale — righe selezionate da Fondamentali Completi

26

Scegli le metriche che contano per te: fai clic sul + accanto a qualsiasi riga in Fondamentali Completi sopra.

La tua selezione è salvata e ti segue su tutti i ticker.

ENPH Enphase Energy, Inc. - Common Stock

ENPH Snapshot del titolo Prezzo, capitalizzazione di mercato, P/E, EPS, ROE, debito/capitale proprio, intervallo 52 settimane

ENPH Grafico del prezzo delle azioni OHLCV giornaliero con indicatori tecnici — panoramica, zoom e personalizza la tua visualizzazione

Informazioni su Enphase Energy, Inc. - Common Stock Panoramica della società da Wikipedia

Performance decennale Andamento di ricavi, utile netto, margini e EPS

Valutazione Rapporti P/E, P/S, P/B, EV/EBITDA — il titolo è costoso o economico?

Redditività Margini lordi, operativi e netti; ROE, ROA, ROIC

Salute finanziaria Debito, liquidità, solvibilità — solidità del bilancio

Crescita Crescita di ricavi, EPS e utile netto: YoY, CAGR 3Y, CAGR 5Y

Metriche per Azione EPS, valore contabile per azione, flusso di cassa per azione, dividendo per azione

Efficienza del Capitale Rotazione delle attività, rotazione delle scorte, rotazione dei crediti

Cronologia utili EPS effettivo vs stima, surprise %, tasso di superamento, data prossimi utili

Fondamentali Completi Tutte le metriche per anno — conto economico, stato patrimoniale, rendiconto finanziario

Bilanci Conto economico, stato patrimoniale, flusso di cassa — annuale, ultimi 5 anni

Proprietari istituzionali (13F) 639 filer · $7.9B totale · Aggiornato al 30 Settembre 2026

Attivisti e proprietari del 5%+ 4 partecipazioni

Insider aziendali 32 insider · 17 dirigenti · 15 direttori

Proprietà ETF Posseduti da 68 ETF

ENPH Consenso degli analisti Opinioni degli analisti, sia rialziste che ribassiste, target price a 12 mesi, potenziale di rialzo

Target Price a 12 Mesi

Confronto Peer (GICS sub-settore industriale) Metriche chiave rispetto ai pari del settore

Ultime notizie Notizie recenti che menzionano questa società

Le Mie Metriche La tua watchlist personale — righe selezionate da Fondamentali Completi