Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
33.47
+0.65 (1.98%)
At close: Oct 2, 2026, 4:00 PM EDT
33.50
+0.03 (0.09%)
After-hours: Oct 2, 2026, 5:54 PM EDT

Enphase Energy Stock Forecast

Stock Price Forecast

According to 30 analysts polled by S&P Global, Enphase Energy stock has a consensus rating of "Buy" and an average price target of $51.6. The average 1-year stock price forecast is 54.17% higher than the current stock price, while the lowest is $27 (-19.33%) and the highest is $212 (+533.40%).

Price Target: $51.6 (+54.17%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$27$51.6$44$212
Change-19.33%+54.17%+31.46%+533.40%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy8888810
Buy333333
Hold161517181615
Sell222111
Strong Sell231111
Total313131312930

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Hold
Maintains
$40 → $37
HoldMaintains$40 → $37+10.55%Sep 29, 2026
Jefferies
Jefferies
Buy
Maintains
$54 → $42
BuyMaintains$54 → $42+25.49%Sep 21, 2026
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$55 → $47
BuyReiterates$55 → $47+40.42%Sep 21, 2026
Northland Securities
Northland Securities
Buy
Reiterates
$62
BuyReiterates$62+85.24%Sep 15, 2026
Barclays
Barclays
Hold
Maintains
$50
HoldMaintains$50+49.39%Sep 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.19B
from 1.47B
Decreased by -19.34%
Revenue Next Year
1.24B
from 1.19B
Increased by 4.41%
EPS This Year
2.00
from 2.96
Decreased by -32.33%
EPS Next Year
2.25
from 2.00
Increased by 12.39%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.38B2.33B2.29B1.33B1.47B1.19B
Revenue Growth
78.46%68.65%-1.72%-41.93%10.72%-19.34%
Operating Income
220.73M452.85M461.43M90.45M164.66M46.03M
Net Income
145.45M397.36M438.94M102.66M172.13M75.08M
EPS
----2.962.00
EPS Growth
----24.89%-32.33%
Forward PE
66.6652.3539.2420.0715.5716.71
Free Cash Flow
----95.90M360.60M
FFO
-----261.60M
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.3B
Avg1.2B
Low1.1B

Revenue Growth

Revenue Growth202620272028
High
-15.0%
Avg
-19.3%
Low
-22.5%

EPS Forecast

EPS202620272028
High2.42
Avg2.00
Low1.63

EPS Growth

EPS Growth202620272028
High
-18.1%
Avg
-32.3%
Low
-44.9%