Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
26.78
-1.52 (-5.37%)
At close: Nov 12, 2026, 4:00 PM EST
26.95
+0.17 (0.64%)
After-hours: Nov 12, 2026, 7:59 PM EST

Enphase Energy Stock Forecast

Stock Price Forecast

According to 29 analysts polled by S&P Global, Enphase Energy stock has a consensus rating of "Buy" and an average price target of $40.58. The average 1-year stock price forecast is 51.53% higher than the current stock price, while the lowest is $16 (-40.25%) and the highest is $212 (+691.64%).

Price Target: $40.58 (+51.53%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$16$40.58$32$212
Change-40.25%+51.53%+19.49%+691.64%

Analyst Ratings

The average analyst rating for Enphase Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy8881088
Buy333333
Hold171816151616
Sell211111
Strong Sell111111
Total313129302929

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Hold
Maintains
$37 → $25
HoldMaintains$37 → $25-6.65%Oct 30, 2026
Jefferies
Jefferies
Buy
Maintains
$42 → $30
BuyMaintains$42 → $30+12.02%Oct 29, 2026
Northland Securities
Northland Securities
Buy
Maintains
$62 → $36
BuyMaintains$62 → $36+34.43%Oct 28, 2026
Craig-Hallum
Craig-Hallum
Buy
Maintains
$54 → $38
BuyMaintains$54 → $38+41.90%Oct 28, 2026
Roth MKM
Roth MKM
Hold
Downgrades
$55 → $30
HoldDowngrades$55 → $30+12.02%Oct 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.11B
from 1.47B
Decreased by -24.88%
Revenue Next Year
1.03B
from 1.11B
Decreased by -6.48%
EPS This Year
1.66
from 2.96
Decreased by -43.83%
EPS Next Year
1.43
from 1.66
Decreased by -13.80%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.38B2.33B2.29B1.33B1.47B1.11B
Revenue Growth
78.46%68.65%-1.72%-41.93%10.72%-24.88%
Operating Income
220.73M452.85M461.43M90.45M164.66M1.32M
Net Income
145.45M397.36M438.94M102.66M172.13M42.15M
EPS
----2.961.66
EPS Growth
----24.89%-43.83%
Forward PE
66.6652.3539.2420.0715.5716.11
Free Cash Flow
----95.90M311.87M
FFO
-----261.60M
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.1B
Avg1.1B
Low1.1B

Revenue Growth

Revenue Growth202620272028
High
-23.6%
Avg
-24.9%
Low
-25.7%

EPS Forecast

EPS202620272028
High1.99
Avg1.66
Low1.53

EPS Growth

EPS Growth202620272028
High
-32.9%
Avg
-43.8%
Low
-48.3%