Enphase Energy, Inc. (ENPH) exemplifies a narrative of groundbreaking innovation and dynamic growth within the renewable energy sector, transforming from a nascent startup focused on solar energy solutions into a leading global energy technology company. Its trajectory through the stock market, characterized by remarkable annual gains and losses, mirrors Enphase’s resilience and its pivotal role in driving the transition towards sustainable energy amidst the industry’s inherent fluctuations.
Annual Returns of Enphase Energy Stock (ENPH)
| Year | Beginning | Ending | Gain/Loss | S&P 500 |
|---|---|---|---|---|
| 2023 | $253.31 | $132.14 | -47.83% | 24.73% |
| 2022 | $184.45 | $264.96 | 43.65% | -19.95% |
| 2021 | $172.24 | $182.94 | 6.21% | 28.79% |
| 2020 | $29.34 | $175.47 | 498.06% | 15.29% |
| 2019 | $4.92 | $26.13 | 431.10% | 28.71% |
| 2018 | $2.60 | $4.73 | 81.92% | -7.01% |
| 2017 | $1.05 | $2.41 | 129.52% | 18.42% |
| 2016 | $3.49 | $1.01 | -71.06% | 11.24% |
| 2015 | $14.21 | $3.51 | -75.30% | -0.69% |
| 2014 | $6.78 | $14.29 | 110.77% | 12.39% |
| 2013 | $3.79 | $6.34 | 67.28% | 26.39% |
| 2012 | $7.34 | $3.65 | -50.27% | 11.68% |
The table above displays the ENPH Yearly Return Rate, highlighting Enphase Energy’s annual stock performance on a split-adjusted basis. This data does not include dividends, stock spin-offs, taxes, or transaction commissions.
Enphase Energy (ENPH) Stock History
A Year of Challenge (2012)
Enphase Energy faced a tumultuous year in 2012, with its stock value witnessing a significant decline of -50.27%, closing the year at $3.65 from an opening of $7.34. This period marked a challenging phase for the company, juxtaposed against a broader market where the S&P 500 saw an increase of 11.68%. The decline reflected early hurdles in the renewable energy sector, emphasizing the volatile journey ahead for Enphase in establishing its foothold.
Beginning of Recovery (2013)
2013 marked the onset of recovery for Enphase Energy, with the stock price increasing by 67.28% to close at $6.34. This recovery was significant, showcasing the company’s resilience and ability to bounce back from the previous year’s downturn. The positive performance in a year when the S&P 500 also enjoyed a 26.39% increase demonstrated Enphase’s potential to capitalize on the growing momentum within the renewable energy sector.
A Year of Strong Growth (2014)
The year 2014 stood out as a period of strong growth for Enphase Energy, with an impressive gain of 110.77% in its stock price, ending the year at $14.29. This surge highlighted the company’s growing influence and success in the renewable energy market. Enphase’s performance significantly outpaced the broader market, with the S&P 500 posting a gain of 12.39%, indicating the company’s exceptional progress and investor confidence.
Facing Headwinds (2015)
In 2015, Enphase Energy encountered significant headwinds, with its stock price plummeting by -75.30%, closing the year at $3.51. This stark reversal from the previous year’s growth underscored the challenges and volatility inherent in the renewable energy sector. The S&P 500’s slight decline of -0.69% further reflected a challenging environment for both Enphase and the broader market.
A Year of Rebuilding (2016)
2016 was a year of rebuilding for Enphase Energy, despite the stock price falling dramatically by -71.06% to close at $1.01. This period marked the lowest point in the company’s stock history, challenging Enphase to reassess and strategize for a sustainable future. The contrast with the S&P 500’s gain of 11.24% underscored the unique hurdles faced by Enphase in navigating the renewable energy landscape.
Turning Point (2017)
The year 2017 represented a turning point for Enphase Energy, with a remarkable recovery and a gain of 129.52% in its stock price, ending the year at $2.41. This resurgence signaled a revitalized confidence in Enphase’s business model and its technologies, aligning with a positive trend in the renewable energy sector. The S&P 500’s growth of 18.42% reflected a favorable market condition that Enphase successfully leveraged.
Continued Growth (2018)
Continuing its upward trajectory, Enphase Energy posted a solid gain of 81.92% in 2018, with the stock price closing at $4.73. This growth period underscored the company’s ongoing advancements and its strengthening position in the competitive renewable energy market. Despite the S&P 500 experiencing a decline of -7.01%, Enphase’s performance highlighted its resilience and the growing investor optimism in its technologies.
Exceptional Performance (2019)
2019 was a year of exceptional performance for Enphase Energy, with the stock price soaring by 431.10% to end at $26.13. This phenomenal growth showcased Enphase’s leadership in innovation and its substantial impact on the solar energy industry. The company’s success significantly outshone the S&P 500’s gain of 28.71%, marking a milestone year that reflected Enphase’s potential for future growth.
A Historic Surge (2020)
The year 2020 marked a historic surge for Enphase Energy, with an unprecedented stock price increase of 498.06%, closing at $175.47. This extraordinary growth period highlighted the accelerating global shift towards renewable energy and Enphase’s pivotal role in this transformation. The performance, set against the S&P 500’s gain of 15.29%, underscored Enphase’s exceptional market position and its technological advancements.
Steady Growth Amidst Expansion (2021)
In 2021, Enphase Energy experienced steady growth, with its stock price increasing by 6.21% to end the year at $182.94. This period of growth, albeit more modest compared to the explosive rise in 2020, reflected the company’s continued expansion and its strategic initiatives to strengthen its market presence. The S&P 500’s gain of 28.79% highlighted a thriving market environment in which Enphase maintained its upward trajectory.
Resilience and Recovery (2022)
The year 2022 demonstrated Enphase Energy’s resilience and capacity for recovery, with a 43.65% increase in its stock price, closing at $264.96. This recovery phase was significant, illustrating Enphase’s ability to navigate market uncertainties and capitalize on the growing demand for clean energy solutions. Despite the S&P 500 facing a downturn of -19.95%, Enphase’s performance signified investor confidence and optimism in its future prospects.
Facing Market Challenges (2023)
Facing market challenges, Enphase Energy saw its stock price decline by -47.83% in 2023, ending the year at $132.14. This downturn reflected broader market volatility and the challenges within the renewable energy sector. However, Enphase’s established position and its history of overcoming obstacles suggested a potential for future recovery. The S&P 500’s gain of 24.73% during the same period indicated a diverging path, emphasizing the unique challenges and opportunities for Enphase in the evolving energy landscape.