What do you guys make of the recent run of Enphase Energy?

In the last couple of weeks, the price of ENPH has shot up by almost 40% after the Q2 earnings report. At the moment, it has a P/E of ~210.

I would really love to know your thoughts if the stock is currently overpriced or not and if there are any catalysts that could help the price go up more.

Thanks in advance