Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
38.61
+0.25 (0.65%)
At close: Aug 21, 2026, 4:00 PM EDT
38.68
+0.07 (0.17%)
After-hours: Aug 21, 2026, 7:58 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 "Buy" and an average price target of $46.79. The average 1-year stock price forecast is 21.19% higher than the current stock price, while the lowest is $27 (-30.07%) and the highest is $85 (+120.15%).

Price Target: $46.79 (+21.19%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$27$46.79$45$85
Change-30.07%+21.19%+16.55%+120.15%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy888888
Buy333333
Hold171615171818
Sell322211
Strong Sell223111
Total333131313131

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Bernstein
No rating
Bernstein
Hold
Maintains
$56
HoldMaintains$56+45.04%Aug 21, 2026
Evercore ISI
Evercore ISI
Hold
Maintains
$37$41
HoldMaintains$37$41+6.19%Aug 17, 2026
Roth MKM
Roth MKM
Buy
Maintains
$85
BuyMaintains$85+120.15%Aug 10, 2026
Morgan Stanley
Morgan Stanley
Sell
Maintains
$27
SellMaintains$27-30.07%Aug 4, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$40
HoldMaintains$40+3.60%Aug 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.19B
from 1.47B
Decreased by -19.33%
Revenue Next Year
1.26B
from 1.19B
Increased by 6.06%
EPS This Year
2.02
from 2.96
Decreased by -31.76%
EPS Next Year
2.31
from 2.02
Increased by 14.30%
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%-19.33%
Operating Income
220.73M452.85M461.43M90.45M164.66M44.23M
Net Income
145.45M397.36M438.94M102.66M172.13M73.11M
EPS
----2.962.02
EPS Growth
----24.89%-31.76%
Forward PE
66.6652.3539.2420.0715.5719.11
Free Cash Flow
201.00M500.85M356.63M388.50M37.60M354.65M
FFO
-----270.10M
No. Analysts
-----27
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
-23.5%

EPS Forecast

EPS202620272028
High2.50
Avg2.02
Low1.63

EPS Growth

EPS Growth202620272028
High
-15.5%
Avg
-31.8%
Low
-44.9%