Enphase Energy Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Enphase Energy stock have an average target of 73.18, with a low estimate of 31.11 and a high estimate of 130. The average target predicts an increase of 64.75% from the current stock price of 44.42.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$31.11	$73.18	$67	$130
Change	-29.96%	+64.75%	+50.83%	+192.66%

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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	7	7	6	6	6	6
Buy	7	7	7	7	7	8
Hold	13	13	14	14	13	10
Sell	2	2	2	2	2	2
Strong Sell	2	2	1	1	1	3
Total	31	31	30	30	29	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gordon Johnson GLJ Research	GLJ Research	Strong Sell Maintains $51 → $31	Strong Sell	Maintains	$51 → $31	-29.96%	Apr 25, 2025
Christine Cho Barclays	Barclays	Buy Maintains $58 → $51	Buy	Maintains	$58 → $51	+14.81%	Apr 25, 2025
Joseph Osha Guggenheim	Guggenheim	Hold → Strong Sell Downgrades $33	Hold → Strong Sell	Downgrades	$33	-25.71%	Apr 24, 2025
Jordan Levy Truist Securities	Truist Securities	Hold Maintains $65 → $49	Hold	Maintains	$65 → $49	+10.31%	Apr 24, 2025
Praneeth Satish Wells Fargo	Wells Fargo	Buy Maintains $75 → $65	Buy	Maintains	$75 → $65	+46.33%	Apr 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.51B

from 1.33B

13.50%

from 1.33B

Revenue Next Year

1.68B

from 1.51B

11.46%

from 1.51B

EPS This Year

3.24

from 0.75

332.03%

from 0.75

EPS Next Year

3.92

from 3.24

20.69%

from 3.24

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	1.51B	1.68B	1.96B
Revenue Growth	24.04%	78.46%	68.65%	-1.72%	-41.93%	13.50%	11.46%	16.58%
EPS	0.95	1.02	2.77	3.08	0.75	3.24	3.92	4.68
EPS Growth	-23.29%	7.81%	171.79%	11.23%	-75.63%	332.03%	20.69%	19.47%
Forward PE	-	-	-	-	-	13.69	11.34	9.50
No. Analysts	-	-	-	-	-	41	39	21

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	1.5B	1.7B	2.0B
Low	1.3B	1.3B	1.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	36.1%	49.7%	60.8%
Avg	13.5%	11.5%	16.6%
Low	-1.3%	-13.4%	-19.7%

EPS Forecast

EPS	2025	2026	2027
High	4.00	5.66	6.60
Avg	3.24	3.92	4.68
Low	1.98	1.83	3.52

EPS Growth

EPS Growth	2025	2026	2027
High	432.4%	74.5%	68.6%
Avg	332.0%	20.7%	19.5%
Low	163.2%	-43.5%	-10.2%

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.