Enphase Energy, Inc. (ENPH)

Enphase Energy Stock Forecast

Stock Price Forecast

The 23 analysts that cover Enphase Energy stock have a consensus rating of "Hold" and an average price target of $42.89, which forecasts a -6.84% decrease in the stock price over the next year. The lowest target is $23.49 and the highest is $68.

Price Target: $42.89 (-6.84%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23.49	$42.89	$41	$68
Change	-48.98%	-6.84%	-10.95%	+47.70%

Analyst Ratings

The average analyst rating for Enphase Energy stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	4	2	2	2	3	3
Buy	7	4	4	4	4	4
Hold	10	12	12	11	12	13
Sell	5	5	5	4	3	2
Strong Sell	4	4	4	3	2	2
Total	30	27	27	24	24	24

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vikram Bagri Citigroup	Citigroup	Hold Maintains $37 → $41	Hold	Maintains	$37 → $41	-10.95%	Feb 4, 2026
Brian Lee Goldman Sachs	Goldman Sachs	Strong Buy Maintains $45 → $51	Strong Buy	Maintains	$45 → $51	+10.77%	Feb 4, 2026
Philip Shen Roth Capital	Roth Capital	Strong Buy Reiterates $45 → $55	Strong Buy	Reiterates	$45 → $55	+19.46%	Feb 4, 2026
Mark Strouse JP Morgan	JP Morgan	Hold Maintains $33 → $39	Hold	Maintains	$33 → $39	-15.29%	Feb 4, 2026
Colin Rusch Oppenheimer	Oppenheimer	Buy Maintains $67 → $68	Buy	Maintains	$67 → $68	+47.70%	Feb 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.29B

Decreased by -12.56%

from 1.47B

Revenue Next Year

1.41B

Increased by 9.78%

from 1.29B

EPS This Year

2.04

Increased by 58.15%

from 1.29

EPS Next Year

2.54

Increased by 24.70%

from 2.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.38B	2.33B	2.29B	1.33B	1.47B	1.29B	1.41B
Revenue Growth	78.46%	68.65%	-1.72%	-41.93%	10.72%	-12.56%	9.78%
EPS	1.02	2.77	3.08	0.75	1.29	2.04	2.54
EPS Growth	7.81%	171.79%	11.23%	-75.63%	71.77%	58.15%	24.70%
Forward PE	-	-	-	-	-	22.57	18.10
No. Analysts	-	-	-	-	-	36	30

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	1.8B	2.1B
Avg	1.3B	1.4B
Low	1.1B	1.2B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	21.9%	60.3%
Avg	-12.6%	9.8%
Low	-26.7%	-6.4%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	3.03	3.75
Avg	2.04	2.54
Low	1.12	1.36

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	135.2%	83.7%
Avg	58.1%	24.7%
Low	-13.4%	-33.2%

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.