Enphase Energy Inc

ENPH: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$48.00	Tnkg	Nhhvznfqj

Solar Inverters: Competitor Profit Warning Signals Prolonged Elevated Channel Inventories

Brett Castelli

Jun 20, 2024

On June 18, SMA Solar reduced its sales and EBITDA guidance by 20% and 60%, respectively, for fiscal 2024. SMA shares plunged 31% the day following the profit warning. US inverter companies Enphase and SolarEdge are trading approximately 6% lower at the time of writing following the announcement.

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