Enphase Energy, Inc. (ENPH)

Enphase Energy Stock Forecast

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Enphase Energy stock have an average target of 88.44, with a low estimate of 44 and a high estimate of 147. The average target predicts an increase of 66.65% from the current stock price of 53.07.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$44	$88.44	$81	$147
Change	-17.09%	+66.65%	+52.63%	+176.99%

Analyst Ratings

The average analyst rating for Enphase Energy stock from 30 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	7	7	6	6	6	7
Buy	7	7	7	7	7	7
Hold	13	13	14	14	13	13
Sell	2	2	2	2	2	2
Strong Sell	2	2	1	1	1	1
Total	31	31	30	30	29	30

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Biju Perincheril Susquehanna	Susquehanna	Hold Maintains $76 → $59	Hold	Maintains	$76 → $59	+11.17%	Apr 14, 2025
Jeffrey Osborne TD Cowen	TD Cowen	Strong Buy Maintains $94 → $78	Strong Buy	Maintains	$94 → $78	+46.98%	Apr 11, 2025
Sean Milligan Jefferies	Jefferies	Sell Maintains $54 → $44	Sell	Maintains	$54 → $44	-17.09%	Apr 3, 2025
Praneeth Satish Wells Fargo	Wells Fargo	Buy Maintains $77 → $75	Buy	Maintains	$77 → $75	+41.32%	Mar 27, 2025
Praneeth Satish Wells Fargo	Wells Fargo	Buy Maintains $83 → $77	Buy	Maintains	$83 → $77	+45.09%	Feb 6, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.58B

Increased by 18.54%

from 1.33B

Revenue Next Year

1.81B

Increased by 14.58%

from 1.58B

EPS This Year

3.33

Increased by 343.87%

from 0.75

EPS Next Year

4.07

Increased by 22.04%

from 3.33

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	774.43M	1.38B	2.33B	2.29B	1.33B	1.58B	1.81B	2.09B
Revenue Growth	24.04%	78.46%	68.65%	-1.72%	-41.93%	18.54%	14.58%	15.61%
EPS	0.95	1.02	2.77	3.08	0.75	3.33	4.07	4.81
EPS Growth	-23.29%	7.81%	171.79%	11.23%	-75.63%	343.87%	22.04%	18.35%
Forward PE	-	-	-	-	-	15.92	13.05	11.02
No. Analysts	-	-	-	-	-	41	39	18

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	1.8B	2.3B	2.7B
Avg	1.6B	1.8B	2.1B
Low	1.4B	1.4B	1.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	36.1%	43.4%	49.8%
Avg	18.5%	14.6%	15.6%
Low	7.1%	-11.5%	-19.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.16	5.66	6.60
Avg	3.33	4.07	4.81
Low	1.98	2.21	3.52

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	453.7%	69.8%	62.3%
Avg	343.9%	22.0%	18.4%
Low	163.2%	-33.6%	-13.5%

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.