Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
91.64
+0.07 (0.08%)
At close: Oct 18, 2024, 4:00 PM
91.59
-0.05 (-0.05%)
After-hours: Oct 18, 2024, 7:55 PM EDT
Enphase Energy Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Enphase Energy stock have an average target of 122.11, with a low estimate of 45.82 and a high estimate of 166. The average target predicts an increase of 33.25% from the current stock price of 91.64.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Enphase Energy stock from 29 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 9 | 9 | 9 | 9 | 8 |
| Buy | 8 | 8 | 8 | 7 | 7 | 4 |
| Hold | 14 | 13 | 12 | 12 | 12 | 15 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Total | 33 | 33 | 32 | 31 | 31 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $115 → $105 | Hold | Maintains | $115 → $105 | +14.58% | Oct 17, 2024 |
| Guggenheim | Guggenheim | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Oct 17, 2024 |
| Susquehanna | Susquehanna | Buy → Hold Downgrades $147 → $104 | Buy → Hold | Downgrades | $147 → $104 | +13.49% | Oct 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $130 → $110 | Strong Buy | Maintains | $130 → $110 | +20.03% | Oct 16, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $125 → $100 | Buy → Hold | Downgrades | $125 → $100 | +9.12% | Oct 15, 2024 |
Financial Forecast
Revenue This Year
1.43B
from 2.29B
Decreased by -37.75%
Revenue Next Year
2.05B
from 1.43B
Increased by 43.62%
EPS This Year
2.61
from 3.08
Decreased by -15.23%
EPS Next Year
4.89
from 2.61
Increased by 87.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5B | 2.4B | 2.9B | ||
| Avg | 1.4B | 2.0B | 2.4B | ||
| Low | 1.3B | 1.6B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -33.9% | 71.4% | 41.3% | ||
| Avg | -37.8% | 43.6% | 17.1% | ||
| Low | -43.3% | 11.3% | -5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.10 | 6.95 | 7.36 | ||
| Avg | 2.61 | 4.89 | 5.79 | ||
| Low | 2.01 | 3.18 | 4.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.5% | 166.1% | 50.4% | ||
| Avg | -15.2% | 87.4% | 18.3% | ||
| Low | -34.8% | 21.6% | -12.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.