Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
31.62
+0.27 (0.86%)
Oct 23, 2026, 2:03 PM EDT - Market open

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 $50.82. The average 1-year stock price forecast is 60.72% higher than the current stock price, while the lowest is $24 (-24.10%) and the highest is $212 (+570.46%).

Price Target: $50.82 (+60.72%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$24$50.82$41.5$212
Change-24.10%+60.72%+31.25%+570.46%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy88881010
Buy333333
Hold151718161514
Sell221111
Strong Sell311111
Total313131293029

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Roth MKM
Roth MKM
Buy
Maintains
$85 → $55
BuyMaintains$85 → $55+73.94%Oct 23, 2026
BMO Capital
BMO Capital
Hold
Reiterates
$37 → $28
HoldReiterates$37 → $28-11.45%Oct 21, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$40 → $35
HoldReiterates$40 → $35+10.69%Oct 19, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$27 → $24
SellMaintains$27 → $24-24.10%Oct 14, 2026
Susquehanna
Susquehanna
Hold
Reiterates
$37 → $35
HoldReiterates$37 → $35+10.69%Oct 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.19B
from 1.47B
Decreased by -19.54%
Revenue Next Year
1.21B
from 1.19B
Increased by 2.23%
EPS This Year
1.99
from 2.96
Decreased by -32.90%
EPS Next Year
2.17
from 1.99
Increased by 9.06%
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%-19.54%
Operating Income
220.73M452.85M461.43M90.45M164.66M48.03M
Net Income
145.45M397.36M438.94M102.66M172.13M74.39M
EPS
----2.961.99
EPS Growth
----24.89%-32.90%
Forward PE
66.6652.3539.2420.0715.5715.92
Free Cash Flow
----95.90M354.50M
FFO
-----261.60M
No. Analysts
-----24
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
-19.5%
Low
-22.5%

EPS Forecast

EPS202620272028
High2.42
Avg1.99
Low1.63

EPS Growth

EPS Growth202620272028
High
-18.1%
Avg
-32.9%
Low
-44.9%