Wealthfront (WLTH)
Market Price (5/20/2026): $11.87 | Market Cap: $1.8 BilSector: Information Technology | Industry: Application Software
Wealthfront (WLTH)
Market Price (5/20/2026): $11.87Market Cap: $1.8 BilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -24% Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Wealth Management Technology, and Robo-Advisors. | Weak multi-year price returns2Y Excs Rtn is -56%, 3Y Excs Rtn is -95% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -113 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -31% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 71% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.1% Key risksWLTH key risks include [1] a heavy dependence on interest rate-sensitive revenue from its cash management products, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -24% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Wealth Management Technology, and Robo-Advisors. |
| Weak multi-year price returns2Y Excs Rtn is -56%, 3Y Excs Rtn is -95% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -113 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -31% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 71% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.1% |
| Key risksWLTH key risks include [1] a heavy dependence on interest rate-sensitive revenue from its cash management products, Show more. |
Qualitative Assessment
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Wealthfront (WLTH) stock has gained about 35% since 1/31/2026 because of the following key factors:
1. Strong Fiscal Year 2026 Financial Performance. Wealthfront reported record annual revenue of $365.0 million for fiscal year 2026, marking an 18% increase year-over-year. Additionally, the company achieved a record adjusted EBITDA of $170.7 million, up 20% year-over-year, and saw its Total Platform Assets grow 17% year-over-year to $94.1 billion as of January 31, 2026. This robust financial performance, reported in March 2026, signaled strong operational momentum despite a GAAP net loss largely due to a one-time IPO-related stock-based compensation charge.
2. Expansion of Product Offerings and Improved Cash Management. Wealthfront expanded its digital mortgage platform to Texas in May 2026, offering rates approximately 50 basis points below the national average, broadening its market reach. Concurrently, the company continued the rollout of its Wealthfront Treasury Money Market Fund and implemented strategies to improve cash management. This included a 5 basis point increase to the client APY on January 30, 2026, and a new direct deposit incentive offering an additional 25 basis point yield boost, which helped significantly reduce cash management net outflows from $840 million in January to $145 million in February.
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1. Strong Fiscal Year 2026 Financial Performance. Wealthfront reported record annual revenue of $365.0 million for fiscal year 2026, marking an 18% increase year-over-year. Additionally, the company achieved a record adjusted EBITDA of $170.7 million, up 20% year-over-year, and saw its Total Platform Assets grow 17% year-over-year to $94.1 billion as of January 31, 2026. This robust financial performance, reported in March 2026, signaled strong operational momentum despite a GAAP net loss largely due to a one-time IPO-related stock-based compensation charge.
2. Expansion of Product Offerings and Improved Cash Management. Wealthfront expanded its digital mortgage platform to Texas in May 2026, offering rates approximately 50 basis points below the national average, broadening its market reach. Concurrently, the company continued the rollout of its Wealthfront Treasury Money Market Fund and implemented strategies to improve cash management. This included a 5 basis point increase to the client APY on January 30, 2026, and a new direct deposit incentive offering an additional 25 basis point yield boost, which helped significantly reduce cash management net outflows from $840 million in January to $145 million in February.
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Stock Movement Drivers
Fundamental Drivers
The 36.9% change in WLTH stock from 1/31/2026 to 5/19/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312026 | 5192026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.68 | 11.88 | 36.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 363 | 0.0% |
| P/S Multiple | � | 4.9 | 0.0% |
| Shares Outstanding (Mil) | 131 | 151 | -12.9% |
| Cumulative Contribution | 0.0% |
Market Drivers
1/31/2026 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WLTH | 36.9% | |
| Market (SPY) | 6.3% | 40.0% |
| Sector (XLK) | 20.6% | 36.2% |
Fundamental Drivers
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Market Drivers
10/31/2025 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WLTH | ||
| Market (SPY) | 8.2% | 39.7% |
| Sector (XLK) | 15.5% | 36.1% |
Fundamental Drivers
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Market Drivers
4/30/2025 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WLTH | ||
| Market (SPY) | 33.8% | 39.7% |
| Sector (XLK) | 66.0% | 36.1% |
Fundamental Drivers
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Market Drivers
4/30/2023 to 5/19/2026| Return | Correlation | |
|---|---|---|
| WLTH | ||
| Market (SPY) | 83.3% | 39.7% |
| Sector (XLK) | 134.5% | 36.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WLTH Return | - | - | - | - | -4% | -11% | -15% |
| Peers Return | 27% | -32% | 35% | 66% | 77% | -15% | 191% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| WLTH Win Rate | - | - | - | - | 0% | 60% | |
| Peers Win Rate | 53% | 47% | 48% | 60% | 67% | 36% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| WLTH Max Drawdown | - | - | - | - | - | -47% | |
| Peers Max Drawdown | -22% | -49% | -37% | -24% | -34% | -30% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SOFI, SCHW, HOOD, MS, BAC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/19/2026 (YTD)
How Low Can It Go
WLTH has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -17.0% | -7.8% |
| % Gain to Breakeven | 20.4% | 8.5% |
| Time to Breakeven | 92 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.0% | -9.5% |
| % Gain to Breakeven | 11.2% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
WLTH has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.
| Event | XLK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -25.7% | -18.8% |
| % Gain to Breakeven | 34.5% | 23.1% |
| Time to Breakeven | 65 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -33.1% | -24.5% |
| % Gain to Breakeven | 49.5% | 32.4% |
| Time to Breakeven | 246 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.2% | -33.7% |
| % Gain to Breakeven | 45.2% | 50.9% |
| Time to Breakeven | 78 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.8% | -19.2% |
| % Gain to Breakeven | 31.2% | 23.8% |
| Time to Breakeven | 100 days | 105 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.5% | -53.4% |
| % Gain to Breakeven | 106.2% | 114.4% |
| Time to Breakeven | 797 days | 1085 days |
In The Past
State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Wealthfront (WLTH)
We’re a different kind of FinTech. We are a technology company that built a financial solutions platform for “digital natives,” defined as those born after 1980 (i.e., Millennials, Gen Z, and later generations). Our platform is designed to address the needs of the wealth builders within these generations. We have differentiated, trusted relationships with our clients due to our unique and fundamentally aligned incentives. Simply put, we succeed because our clients succeed. We were among the first digital-only financial solutions platforms(1), and we pioneered using automation to offer low-cost diversified portfolios. We built our platform using software to deliver our solutions quickly, conveniently, and at low cost. These principles align with the preferences of digital natives, who use digital platforms for the vast majority of their everyday services ranging from entertainment and commerce to food delivery and ride sharing. Our technology-driven financial solutions help clients turn savings into long-term wealth. Our broad suite of products, including cash management, investment advisory, borrowing and lending, and financial planning solutions, address the diverse financial needs of our clients regardless of the economic environment. We believe the opportunity we are pursuing is unique and massive. Digital natives are entering the prime wealth accumulation phase of their lives and are expected to be the wealthiest generations ever. According to a study we commissioned from Oxford Economics, the wealth of digital natives is estimated to grow at an annual rate of 11.3% from $12 trillion in 2022 to $140 trillion in 2045. During the Global Financial Crisis (“GFC”), digital natives lost trust in traditional financial institutions which they blamed for high unemployment and an economic downturn. Meanwhile, they embraced and became increasingly empowered by technology through intuitive, mobile, and software-focused experiences. This backdrop created an opportunity for Wealthfront to disrupt traditional brick-and-mortar, in-person, and high-cost financial product experiences. Our clients are primarily digital-native high earners who prioritize savings and wealth accumulation. Since inception, our platform assets have grown in-line with the wealth accumulation of these generations. As of July 31, 2025, we had over 1.3 million funded clients, and $88.2 billion in platform assets. Digital natives typically have large liquid savings with long time horizons ahead, and they are undeterred by corrections and bear markets. Clients typically come to Wealthfront seeking a specific solution and, as our trust-based relationship deepens, we gain insights into their evolving needs, in many cases through the data associated with third-party financial accounts they link to our financial planning software. Client engagement and feedback drive our product-led growth strategy and business flywheel. This continuous feedback loop constantly optimizes our platform for our clients’ evolving needs, fueling our historical organic growth. Over the past two fiscal years, over 50% of new clients were referred by existing clients and our annual client retention rate was approximately 95% for each of fiscal 2024 and fiscal 2025. We are led by a technically proficient management team, including our CEO, who served as our CTO for many years. We built our products on a proprietary technology infrastructure. We have a strong, somewhat contrarian preference for building over buying or partnering. This allows us to automate to an extent not seen in the industry. Automation not only allows us to launch and iterate products faster, lower costs to clients, and offer a better overall client experience, but also lowers our cost of support. Automation is a core principle underpinning everything we do—the way we design our products, organize our company, and foster employee culture. Our business model is designed to optimize for our clients’ success. Our focus on delivering fully automated services results in being one of the lowest cost producers in each category in which we participate. We share the savings directly with our clients, significantly reducing their fees, improving their financial outcomes, and enhancing their trust in us. This trust leads clients to add more money to our platform as they save, adopt new products and refer their friends. Our cost structure and our organic growth are business model advantages, and have enabled us to achieve our historic profitability, which allows us to further invest in our platform. Reinvesting in our platform drives further automation and powers the continuous cycle of our flywheel. We seek to make money with, not from, our clients along their wealth accumulation journey. The alignment of incentives helps retain clients and drives more predictability in our business, as our clients trust us with an increasing amount of their wealth and adopt more than one product. Since inception, we have experienced significant growth. We rapidly scaled our number of clients and platform assets, all while sustaining high retention rates. Our platform assets increased from $57.6 billion as of January 31, 2024 to $80.2 billion as of January 31, 2025, representing 39% year-over-year growth, and from $71.4 billion as of July 31, 2024 to $88.2 billion as of July 31, 2025, representing 24% year-over-year growth. (1) Based on multiple industry sources, we are commonly cited as being one of the first platforms to provide algorithmic investment services. --- We were incorporated in the State of Delaware in January 2007 as “MAJ I, Inc.” We changed our name to “Kaching Group Inc.” in January 2008 and then to “Wealthfront Inc.” in October 2010. In August 2018, we changed our name to “Wealthfront Corporation.” Wealthfront Corporation is the parent company of a number of operating subsidiaries, including (i) Wealthfront Brokerage LLC, a Delaware limited liability company, which is a licensed broker-dealer that primarily provides brokerage services and related products, (ii) Wealthfront Advisers LLC, a Delaware limited liability company, which is an SEC-registered investment adviser that primarily provides investment management and advisory services, and (iii) Wealthfront Strategies LLC, a Delaware limited liability company, which is an SEC-registered investment adviser. Our principal executive offices are located in Palo Alto, California.
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- Cash Management: Wealthfront provides solutions for managing clients' liquid savings.
- Investment Advisory and Management: The platform offers automated, low-cost diversified portfolios and investment guidance.
- Borrowing and Lending: Wealthfront facilitates borrowing against assets and other lending solutions for its clients.
- Financial Planning Solutions: The company offers software-driven tools to assist clients with long-term financial goal planning.
- Brokerage Services: Wealthfront's subsidiary provides brokerage services and related products for clients.
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Wealthfront (WLTH) primarily sells its financial solutions platform directly to individuals.
The company serves the following categories of customers:
- Digital Natives: Individuals born after 1980, encompassing Millennials, Gen Z, and later generations. These clients are characterized by their preference for digital platforms and technology-driven services.
- Wealth Builders: Clients within the digital native generations who are focused on turning savings into long-term wealth accumulation. They actively use Wealthfront's broad suite of products, including cash management, investment advisory, borrowing and lending, and financial planning solutions.
- High Earners: Primarily digital-native individuals who earn higher incomes and prioritize savings and wealth accumulation. These clients typically have large liquid savings with long time horizons.
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David Fortunato, Chief Executive Officer & Director
David Fortunato joined Wealthfront in 2009 as its inaugural Chief Technology Officer, playing a key role in the company's launch to clients in 2011. He served as President before assuming the CEO role in 2021. Fortunato previously had a 95.1% ownership stake in Unified National Mortgage (also known as Afford Lending), a mortgage unit that Wealthfront reacquired from him in February (prior to March 2026). He holds a BS in Computer Science and Economics from Amherst College.
Alan Imberman, Chief Financial Officer
Alan Imberman joined Wealthfront in 2015, progressing through various finance and accounting roles before becoming Chief Financial Officer in 2021. Prior to Wealthfront, he spent nine years in public accounting, performing valuation services at Crowe Horwath (Crowe LLP) and KPMG (KPMG US LLP). Imberman is a CFA Charterholder and earned an MBA from the McCombs School of Business at the University of Texas at Austin.
Julien Wetterwald, Chief Technology Officer
Julien Wetterwald joined Wealthfront in 2007 as a member of the founding team and was one of the company's first software engineers.
Kal Iyer, VP of Engineering
Kal Iyer joined Wealthfront in 2018 to lead the engineering group. Before Wealthfront, he spent 15 years as a senior leader in the mobile gaming industry, including serving as Global CTO at Glu Mobile and as Warner Bros Interactive Entertainment's first San Francisco Studio Head.
Lauren Lin, Chief Legal Officer
Lauren Lin joined Wealthfront in 2020 and oversees the legal, compliance, regulatory affairs, and product counseling teams. With 20 years of experience in financial services, she previously served as General Counsel and Head of Compliance at First New York, a proprietary trading partnership, and as in-house derivatives counsel for Sumitomo Mitsui Banking Corporation.
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Key Business Risks for Wealthfront (WLTH):
- Intense Competition and Erosion of Competitive Advantage: Wealthfront operates in a highly competitive financial technology market, having been among the first to offer digital-only financial solutions and pioneer automation for low-cost diversified portfolios. While their business model focuses on being one of the lowest cost producers through automation, other digital-only platforms and traditional financial institutions adopting similar technologies could replicate or improve upon their offerings. This intense competition may lead to pressure on fees, requiring continuous investment to maintain their technological edge and attract new clients, potentially impacting profitability.
- Reliance on Proprietary Technology and Risks of Automation: Wealthfront has a strong, "contrarian preference for building over buying or partnering," developing its products on a proprietary technology infrastructure. This reliance on in-house development and extensive automation, while enabling speed and efficiency, carries inherent risks. These include the necessity for continuous and substantial investment in research and development, the potential for technological obsolescence if their systems do not evolve with industry advancements, and the operational risks associated with maintaining complex software, such as system failures, security vulnerabilities, or bugs that could disrupt services and erode client trust.
- Concentration on "Digital Natives" and Sensitivity to Market Conditions: Wealthfront's business model is explicitly designed to serve "digital natives" (Millennials, Gen Z, and later generations), targeting their specific preferences and wealth accumulation patterns. Although these generations are projected to be increasingly wealthy and are noted as being "undeterred by corrections and bear markets," the company's growth and client base remain highly dependent on the financial health, evolving needs, and continued trust of this specific demographic in digital financial platforms. Significant economic downturns, unforeseen shifts in the financial behavior or priorities of these generations, or a broad loss of confidence in digital-first financial services could adversely affect client acquisition, retention, and overall platform assets.
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Wealthfront (symbol: WLTH) targets the wealth of "digital natives" (those born after 1980, including Millennials and Gen Z) as its primary addressable market for its suite of financial solutions, which includes cash management, investment advisory, borrowing and lending, and financial planning solutions.
According to a study commissioned by Wealthfront from Oxford Economics, the wealth of digital natives is estimated to grow from $12 trillion in 2022 to $140 trillion in 2045. This projection represents a broad, likely global, addressable market that Wealthfront is pursuing.
For a more specific regional market, digital natives in the U.S. held $16 trillion in household wealth in 2024, representing approximately 10% of total U.S. household wealth. Within this U.S. demographic, Wealthfront's core client base, identified as the top 20% of earners and knowledge workers, controls a serviceable addressable market of over $11 trillion.
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Wealthfront (WLTH) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market dynamics:
- Growth in Total Platform Assets: Wealthfront's revenue is significantly tied to the assets it manages for clients. The company reported a 17% increase in total platform assets to a record $94.1 billion at the end of fiscal year 2026, with investment advisory assets rising 29% to $48.7 billion and cash management assets increasing 7% to $45.4 billion. Continued growth in these assets, driven by both market appreciation and net deposits, is a primary revenue driver.
- Increase in Funded Clients and Accounts: Expanding its client base and encouraging clients to open multiple accounts on its platform directly contributes to asset growth. Wealthfront saw a 17% year-over-year increase in funded clients, reaching approximately 1.42 million, and a 16% increase in funded accounts, totaling roughly 1.84 million, by the end of fiscal 2026.
- Expansion of Home Lending Product: The company launched early access to its Home Lending product in Colorado, Texas, and California, with plans for general availability in these states and further geographic expansion in the coming year. This new borrowing and lending offering represents a diversification of revenue streams and a significant expansion of its product suite.
- Launch of New Proprietary Products: Wealthfront is focused on introducing new proprietary products to enhance client engagement and attract more assets. Recent examples include the Wealthfront Treasury Money Market Fund, which had $85 million in assets under management (AUM) prior to general availability, and Nasdaq-100 Direct, designed to offer tax savings through direct indexing.
- Enhanced Cross-Product Adoption and Net Deposits: Deepening client relationships by encouraging the use of multiple Wealthfront products and increasing net deposits across its platform are crucial. The company has observed accelerating cross-product flows, particularly from cash management to investment advisory accounts, indicating clients are consolidating more of their financial lives with Wealthfront.
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Share Issuance
- Wealthfront completed its Initial Public Offering (IPO) on December 12, 2025, listing on the Nasdaq Global Select Market under the ticker symbol "WLTH".
- The company raised approximately $485 million through the IPO, with shares priced at $14.00 per share.
- The offering included 21,468,038 shares offered by Wealthfront and 13,147,346 shares offered by existing stockholders.
Inbound Investments
- In September 2022, UBS invested $69.7 million in a convertible note into Wealthfront shares, following the mutual termination of an earlier acquisition agreement.
- Prior to its IPO, Wealthfront had raised between $200 million and $300 million in total equity funding from various investors.
Capital Expenditures
- Wealthfront consistently reinvests in its proprietary technology platform to drive further automation and product development. [background]
- The company plans to launch improved self-directed investing, enhanced joint finance management, and expanded features for Wealthfront Home Lending, its new technology-driven mortgage experience.
- Wealthfront maintains a strong preference for in-house building of its products and infrastructure, aiming for extensive automation to reduce costs and improve client experience. [background]
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Wealthfront Stock (-17%): CEO Conflict & Flow Fears Spark Institutional Exit | 01/14/2026 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | PLTR | Palantir Technologies | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 04102026 | ADSK | Autodesk | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 8.5% | 8.5% | 0.0% |
| 04102026 | BSY | Bentley Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 4.2% | 4.2% | 0.0% |
| 04102026 | ENPH | Enphase Energy | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.7% | 5.7% | 0.0% |
| 04102026 | BL | BlackLine | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 3.2% | 3.2% | -3.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 62.43 |
| Mkt Cap | 113.5 |
| Rev LTM | 14,708 |
| Op Inc LTM | 1,011 |
| FCF LTM | 2,973 |
| FCF 3Y Avg | 1,245 |
| CFO LTM | 3,034 |
| CFO 3Y Avg | 1,291 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 21.2% |
| Rev Chg 3Y Avg | 11.4% |
| Rev Chg Q | 16.4% |
| QoQ Delta Rev Chg LTM | 4.0% |
| Op Inc Chg LTM | 68.6% |
| Op Inc Chg 3Y Avg | 344.3% |
| Op Mgn LTM | 7.6% |
| Op Mgn 3Y Avg | 30.5% |
| QoQ Delta Op Mgn LTM | -34.7% |
| CFO/Rev LTM | 41.5% |
| CFO/Rev 3Y Avg | 28.8% |
| FCF/Rev LTM | 39.2% |
| FCF/Rev 3Y Avg | 27.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 113.5 |
| P/S | 4.9 |
| P/Op Inc | 7.7 |
| P/EBIT | 6.9 |
| P/E | 16.7 |
| P/CFO | 6.5 |
| Total Yield | 4.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.0% |
| D/E | 0.2 |
| Net D/E | -0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.1% |
| 3M Rtn | -1.4% |
| 6M Rtn | -8.5% |
| 12M Rtn | 13.2% |
| 3Y Rtn | 124.3% |
| 1M Excs Rtn | -7.0% |
| 3M Excs Rtn | -9.3% |
| 6M Excs Rtn | -18.6% |
| 12M Excs Rtn | -10.7% |
| 3Y Excs Rtn | 49.4% |
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/12/2026 | -16.8% | -30.1% | -37.4% |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 1 | 1 | 1 |
| Median Positive | |||
| Median Negative | -16.8% | -30.1% | -37.4% |
| Max Positive | |||
| Max Negative | -16.8% | -30.1% | -37.4% |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tiger, Global Management Llc | See footnotes | Sell | 12162025 | 14.00 | 7,004,912 | 98,068,768 | 212,196,278 | Form | |
| 2 | Goldman, Kenneth A | Direct | Sell | 12152025 | 14.00 | 38,071 | 532,994 | 597,072 | Form | |
| 3 | Goldman, Kenneth A | Goldman-Valeriote Family Trust | Sell | 12152025 | 14.00 | 5,373 | Form | |||
| 4 | Bisharat, Jaleh | Direct | Sell | 12152025 | 14.00 | 10,000 | Form | |||
| 5 | Wetterwald, Julien | Chief Technology Officer | Direct | Sell | 12152025 | 14.00 | 120,000 | 1,680,000 | 6,654,312 | Form |
External Quote Links
| Y Finance | Barrons |
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| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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