Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
52.41
+0.13 (0.25%)
At close: Jun 22, 2026, 4:00 PM EDT
53.50
+1.09 (2.08%)
After-hours: Jun 22, 2026, 7:59 PM EDT

Enphase Energy Stock Forecast

Stock Price Forecast

According to 31 analysts polled by S&P Global, Enphase Energy stock has a consensus rating of "Hold" and an average price target of $47.93. The average 1-year stock price forecast is 8.55% lower than the current stock price, while the lowest is $27 (-48.48%) and the highest is $85 (+62.18%).

Price Target: $47.93 (-8.55%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$27$47.93$49.5$85
Change-48.48%-8.55%-5.55%+62.18%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy798888
Buy133333
Hold191717161517
Sell333222
Strong Sell212231
Total323333313131

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Upgrades
n/a
HoldUpgradesn/an/aJun 18, 2026
Sunaina Ocalan‏
Bernstein
Bernstein
Hold
Initiates
$56
HoldInitiates$56+6.85%Jun 16, 2026
Jefferies
Jefferies
Buy
Maintains
$41$64
BuyMaintains$41$64+22.11%Jun 12, 2026
GLJ Research
GLJ Research
Sell
Maintains
$22
SellMaintains$22-58.60%Jun 11, 2026
Mizuho Securities
Mizuho Securities
Hold
Maintains
$37$54
HoldMaintains$37$54+3.03%Jun 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.20B
from 1.47B
Decreased by -18.48%
Revenue Next Year
1.30B
from 1.20B
Increased by 7.97%
EPS This Year
2.07
from 2.96
Decreased by -30.10%
EPS Next Year
2.41
from 2.07
Increased by 16.44%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.38B2.33B2.29B1.33B1.47B1.20B
Revenue Growth
78.46%68.65%-1.72%-41.93%10.72%-18.48%
Gross Profit
554.42M974.60M1.06B471.64M448.30M526.67M
Gross Margin
40.12%41.81%46.20%35.45%30.44%43.86%
Operating Income
220.73M452.85M461.43M90.45M164.66M-8.64M
Net Income
145.45M397.36M438.94M102.66M172.13M47.02M
EPS
----2.962.07
EPS Growth
----24.89%-30.10%
Forward PE
66.6652.3539.2420.0715.5725.33
Free Cash Flow
201.00M500.85M356.63M388.50M37.60M427.64M
FFO
-----270.10M
No. Analysts
-----29
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.4B
Avg1.2B
Low1.1B

Revenue Growth

Revenue Growth202620272028
High
-6.4%
Avg
-18.5%
Low
-25.1%

EPS Forecast

EPS202620272028
High3.04
Avg2.07
Low1.75

EPS Growth

EPS Growth202620272028
High
2.7%
Avg
-30.1%
Low
-40.9%