Enphase Energy Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Enphase Energy stock have an average target of 90.1, with a low estimate of 50.69 and a high estimate of 147. The average target predicts an increase of 38.94% from the current stock price of 64.85.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$50.69	$90.1	$86	$147
Change	-21.84%	+38.94%	+32.61%	+126.68%

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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	9	8	7	7	6	6
Buy	7	7	7	7	7	7
Hold	12	13	13	13	14	13
Sell	1	1	2	2	2	2
Strong Sell	2	2	2	2	1	1
Total	31	31	31	31	30	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Praneeth Satish Wells Fargo	Wells Fargo	Buy Maintains $83 → $77	Buy	Maintains	$83 → $77	+18.74%	Feb 6, 2025
Christine Cho Barclays	Barclays	Buy Maintains $91 → $86	Buy	Maintains	$91 → $86	+32.61%	Feb 6, 2025
Biju Perincheril Susquehanna	Susquehanna	Hold Maintains $79 → $76	Hold	Maintains	$79 → $76	+17.19%	Feb 5, 2025
Kashy Harrison Piper Sandler	Piper Sandler	Hold Maintains $70 → $65	Hold	Maintains	$70 → $65	+0.23%	Feb 5, 2025
Colin Rusch Oppenheimer	Oppenheimer	Buy Maintains $101 → $103	Buy	Maintains	$101 → $103	+58.83%	Feb 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.58B

from 1.33B

19.06%

from 1.33B

Revenue Next Year

1.83B

from 1.58B

15.47%

from 1.58B

EPS This Year

3.38

from 0.75

349.71%

from 0.75

EPS Next Year

4.11

from 3.38

21.59%

from 3.38

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	1.83B	2.13B
Revenue Growth	24.04%	78.46%	68.65%	-1.72%	-41.92%	19.06%	15.47%	16.29%
EPS	0.95	1.02	2.77	3.08	0.75	3.38	4.11	4.89
EPS Growth	-23.29%	7.81%	171.79%	11.23%	-75.63%	349.71%	21.59%	19.05%
Forward PE	-	-	-	-	-	19.20	15.79	13.26
No. Analysts	-	-	-	-	-	40	38	16

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

Revenue Forecast

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

Revenue Growth

Revenue Growth	2025	2026	2027
High	38.5%	42.7%	47.9%
Avg	19.1%	15.5%	16.3%
Low	9.0%	-12.8%	-16.0%

EPS Forecast

EPS	2025	2026	2027
High	4.16	5.66	6.60
Avg	3.38	4.11	4.89
Low	2.42	2.21	3.52

EPS Growth

EPS Growth	2025	2026	2027
High	453.7%	67.6%	60.8%
Avg	349.7%	21.6%	19.1%
Low	222.3%	-34.4%	-14.3%

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.