Enphase Energy, Inc. (ENPH)

Enphase Energy Stock Forecast

Stock Price Forecast

The 25 analysts that cover Enphase Energy stock have a consensus rating of "Hold" and an average price target of $43.18, which forecasts a 24.22% increase in the stock price over the next year. The lowest target is $23.49 and the highest is $68.

Price Target: $43.18 (+24.22%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23.49	$43.18	$42	$68
Change	-32.42%	+24.22%	+20.83%	+95.63%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	2	2	3	4	4	4
Buy	4	4	4	4	4	4
Hold	13	12	13	14	14	14
Sell	5	4	3	2	2	2
Strong Sell	4	3	2	2	2	2
Total	28	25	25	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Biju Perincheril Susquehanna	Susquehanna	Hold Maintains $46 → $36	Hold	Maintains	$46 → $36	+3.57%	Apr 9, 2026
Christine Cho Barclays	Barclays	Sell Maintains $35 → $31	Sell	Maintains	$35 → $31	-10.82%	Apr 8, 2026
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $57 → $54	Strong Buy	Maintains	$57 → $54	+55.35%	Mar 26, 2026
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $42 → $57	Hold → Strong Buy	Upgrades	$42 → $57	+63.98%	Feb 25, 2026
Dmitriy Pozdnyakov Freedom Broker	Freedom Broker	Hold Maintains $31 → $44	Hold	Maintains	$31 → $44	+26.58%	Feb 5, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.27B

Decreased by -13.51%

from 1.47B

Revenue Next Year

1.40B

Increased by 9.81%

from 1.27B

EPS This Year

2.25

Increased by 74.26%

from 1.29

EPS Next Year

2.79

Increased by 23.99%

from 2.25

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	1.27B	1.40B
Revenue Growth	78.46%	68.65%	-1.72%	-41.93%	10.72%	-13.51%	9.81%
EPS	1.02	2.77	3.08	0.75	1.29	2.25	2.79
EPS Growth	7.81%	171.79%	11.23%	-75.63%	71.87%	74.26%	23.99%
Forward PE	-	-	-	-	-	15.45	12.46
No. Analysts	-	-	-	-	-	36	33

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	1.8B	2.1B
Avg	1.3B	1.4B
Low	1.1B	1.1B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	21.9%	62.1%
Avg	-13.5%	9.8%
Low	-27.3%	-11.5%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	3.56	4.39
Avg	2.25	2.79
Low	1.71	2.12

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	175.8%	95.1%
Avg	74.3%	24.0%
Low	32.7%	-5.5%

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.