Enphase Energy Stock Forecast

Stock Price Forecast

The 22 analysts that cover Enphase Energy stock have a consensus rating of "Hold" and an average price target of $40.66, which forecasts a 8.76% increase in the stock price over the next year. The lowest target is $23.49 and the highest is $62.

Price Target: $40.66 (+8.76%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23.49	$40.66	$41	$62
Change	-37.17%	+8.76%	+9.67%	+65.84%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	3	4	4	3	3
Buy	4	4	4	4	4	4
Hold	12	13	14	14	13	13
Sell	4	3	2	2	2	2
Strong Sell	3	2	2	2	1	1
Total	25	25	26	26	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christine Cho Barclays	Barclays	Sell Maintains $31 → $30	Sell	Maintains	$31 → $30	-19.75%	May 5, 2026
Nicholas Amicucci Evercore ISI Group	Evercore ISI Group	Hold Maintains $43 → $37	Hold	Maintains	$43 → $37	-1.03%	May 4, 2026
Vikram Bagri Citigroup	Citigroup	Hold Maintains $37 → $31	Hold	Maintains	$37 → $31	-17.08%	Apr 30, 2026
Biju Perincheril Susquehanna	Susquehanna	Hold Maintains $36 → $32	Hold	Maintains	$36 → $32	-14.40%	Apr 30, 2026
Mark Strouse JP Morgan	JP Morgan	Hold Maintains $39 → $35	Hold	Maintains	$39 → $35	-6.38%	Apr 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.25B

from 1.47B

-15.48%

from 1.47B

Revenue Next Year

1.34B

from 1.25B

7.79%

from 1.25B

EPS This Year

2.11

from 1.29

63.60%

from 1.29

EPS Next Year

2.54

from 2.11

20.32%

from 2.11

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	1.25B	1.34B
Revenue Growth	78.46%	68.65%	-1.72%	-41.93%	10.72%	-15.48%	7.79%
EPS	1.02	2.77	3.08	0.75	1.29	2.11	2.54
EPS Growth	7.81%	171.79%	11.23%	-75.63%	71.87%	63.60%	20.32%
Forward PE	-	-	-	-	-	17.70	14.71
No. Analysts	-	-	-	-	-	35	34

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

Revenue Forecast

Revenue	2026	2027
High	1.8B	2.1B
Avg	1.2B	1.3B
Low	1.1B	1.1B

Revenue Growth

Revenue Growth	2026	2027
High	21.9%	65.9%
Avg	-15.5%	7.8%
Low	-27.3%	-13.1%

EPS Forecast

EPS	2026	2027
High	2.80	3.90
Avg	2.11	2.54
Low	1.48	1.76

EPS Growth

EPS Growth	2026	2027
High	117.2%	84.5%
Avg	63.6%	20.3%
Low	14.5%	-16.8%

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 sources.