ENPH
Enphase Energy Inc. Technology - Solar Investor Relations →
Enphase Energy Inc. (ENPH) closed at $49.80 as of 2026-02-02, trading 61.4% below its 200-week moving average of $128.89. This places ENPH in the extreme value zone. The stock moved further from the line this week, up from -71.5% last week. With a 14-week RSI of 80, ENPH is in overbought territory.
Over the past 675 weeks of data, ENPH has crossed below its 200-week moving average 4 times. On average, these episodes lasted 72 weeks. Historically, investors who bought ENPH at the start of these episodes saw an average one-year return of +162.7%.
With a market cap of $6.5 billion, ENPH is a mid-cap stock. The company generates a free cash flow yield of 0.6%. Return on equity stands at 17.9%, a solid level. The stock trades at 6.0x book value.
Over the past 13 years, a hypothetical investment of $100 in ENPH would have grown to $803, compared to $552 for the S&P 500. That represents an annualized return of 17.4% vs 14.0% for the index — confirming ENPH as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: ENPH vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ENPH Crosses Below the Line?
Across 4 historical episodes, buying ENPH when it crossed below its 200-week moving average produced an average return of +97.5% after 12 months (median +105.0%), compared to +10.8% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +387.2% vs +24.8% for the index.
Each line shows $100 invested at the moment ENPH crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ENPH has crossed below its 200-week MA 4 times with an average 1-year return of +162.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 2013 | Dec 2013 | 4 | 5.6% | +114.3% | +730.0% |
| Jun 2015 | May 2018 | 150 | 88.5% | -74.2% | +517.9% |
| Sep 2018 | Sep 2018 | 1 | 4.1% | +447.9% | +1135.7% |
| Jul 2023 | Ongoing | 132+ | 80.2% | Ongoing | -64.4% |
| Average | 72 | — | +162.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02