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NASDAQ: ENPH
Enphase Energy Inc Stock Forecast, Predictions & Price Target

Analyst price target for ENPH

Based on 23 analysts offering 12 month price targets for Enphase Energy Inc.
Min Forecast
$45.82-56.55%
Avg Forecast
$122.43+16.09%
Max Forecast
$166.00+57.41%

Should I buy or sell ENPH stock?

Based on 23 analysts offering ratings for Enphase Energy Inc.
Buy
Strong Buy
10 analysts 43.48%
Buy
3 analysts 13.04%
Hold
7 analysts 30.43%
Sell
1 analysts 4.35%
Strong Sell
2 analysts 8.7%

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ENPH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-17
lockedlocked$00.00+00.00%2024-07-16
lockedlocked$00.00+00.00%2024-07-15
lockedlocked$00.00+00.00%2024-07-12
lockedlocked$00.00+00.00%2024-06-25
HSBC
Bottom 18%
18
Strong BuyUpgrades$166.00+57.41%2024-06-10
Canaccord Genuity
Bottom 4%
4
Strong BuyMaintains$150.00+42.23%2024-05-31
Craig-Hallum
Bottom 3%
3
BuyMaintains$147.00+39.39%2024-04-24
RBC Capital
Bottom 4%
4
BuyMaintains$130.00+23.27%2024-04-24
BMO Capital
Bottom 3%
3
HoldMaintains$113.00+7.15%2024-04-24

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Forecast return on equity

Is ENPH forecast to generate an efficient return?
Company
N/A
Industry
28.64%
Market
80.3%

Forecast return on assets

Is ENPH forecast to generate an efficient return on assets?
Company
N/A
Industry
15.83%

ENPH earnings per share forecast

What is ENPH's earnings per share in the next 3 years based on estimates from 14 analysts?
Avg 1 year Forecast
$1.32-35.08%
Avg 2 year Forecast
$3.33+64.17%
Avg 3 year Forecast
$4.17+105.42%
ENPH's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ENPH revenue forecast

What is ENPH's revenue in the next 3 years based on estimates from 16 analysts?
Avg 1 year Forecast
$1.5B-19.88%
Avg 2 year Forecast
$2.1B+14.93%
Avg 3 year Forecast
$2.5B+37.52%
ENPH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ENPH earnings growth forecast

How is ENPH forecast to perform vs Solar companies and vs the US market?
Company
30.95%
Industry
33.52%
Market
18.64%
ENPH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ENPH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ENPH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ENPH revenue growth forecast

How is ENPH forecast to perform vs Solar companies and vs the US market?
Company
12.14%
Industry
17.8%
Market
11.24%
ENPH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ENPH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ENPH vs Solar Stocks

TickerPricePrice TargetUp/downsideConsensus
ENPH$105.46$122.43+16.09%Buy
NXT$47.86$61.87+29.27%Strong Buy
FSLR$216.43$279.67+29.22%Strong Buy
RUN$16.95$21.55+27.11%Strong Buy
ARRY$10.52$19.18+82.28%Strong Buy

Enphase Energy Stock Forecast FAQ

Is Enphase Energy Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NASDAQ: ENPH) stock is to Buy ENPH stock.

Out of 23 analysts, 10 (43.48%) are recommending ENPH as a Strong Buy, 3 (13.04%) are recommending ENPH as a Buy, 7 (30.43%) are recommending ENPH as a Hold, 1 (4.35%) are recommending ENPH as a Sell, and 2 (8.7%) are recommending ENPH as a Strong Sell.

If you're new to stock investing, here's how to buy Enphase Energy stock.

What is ENPH's earnings growth forecast for 2024-2026?

(NASDAQ: ENPH) Enphase Energy's forecast annual earnings growth rate of 30.95% is not forecast to beat the US Solar industry's average forecast earnings growth rate of 33.52%, and while it is forecast to beat the US market's average forecast earnings growth rate of 18.64%.

Enphase Energy's earnings in 2024 is $275,966,000.On average, 14 Wall Street analysts forecast ENPH's earnings for 2024 to be $179,317,081, with the lowest ENPH earnings forecast at $140,144,619, and the highest ENPH earnings forecast at $223,142,889. On average, 15 Wall Street analysts forecast ENPH's earnings for 2025 to be $453,456,284, with the lowest ENPH earnings forecast at $221,782,261, and the highest ENPH earnings forecast at $585,069,769.

In 2026, ENPH is forecast to generate $567,381,613 in earnings, with the lowest earnings forecast at $378,254,409 and the highest earnings forecast at $700,723,096.

What is ENPH's revenue growth forecast for 2024-2026?

(NASDAQ: ENPH) Enphase Energy's forecast annual revenue growth rate of 12.14% is not forecast to beat the US Solar industry's average forecast revenue growth rate of 17.8%, and while it is forecast to beat the US market's average forecast revenue growth rate of 11.24%.

Enphase Energy's revenue in 2024 is $1,828,109,000.On average, 16 Wall Street analysts forecast ENPH's revenue for 2024 to be $199,296,941,582, with the lowest ENPH revenue forecast at $179,194,624,629, and the highest ENPH revenue forecast at $222,734,700,469. On average, 16 Wall Street analysts forecast ENPH's revenue for 2025 to be $285,880,600,334, with the lowest ENPH revenue forecast at $242,559,041,250, and the highest ENPH revenue forecast at $324,237,502,271.

In 2026, ENPH is forecast to generate $342,073,966,464 in revenue, with the lowest revenue forecast at $284,479,970,520 and the highest revenue forecast at $396,895,003,829.

What is ENPH's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ENPH) forecast ROA is N/A, which is lower than the forecast US Solar industry average of 15.83%.

What is ENPH's Price Target?

According to 23 Wall Street analysts that have issued a 1 year ENPH price target, the average ENPH price target is $122.43, with the highest ENPH stock price forecast at $166.00 and the lowest ENPH stock price forecast at $45.82.

On average, Wall Street analysts predict that Enphase Energy's share price could reach $122.43 by Jul 17, 2025. The average Enphase Energy stock price prediction forecasts a potential upside of 16.09% from the current ENPH share price of $105.46.

What is ENPH's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: ENPH) Enphase Energy's current Earnings Per Share (EPS) is $2.03. On average, analysts forecast that ENPH's EPS will be $1.32 for 2024, with the lowest EPS forecast at $1.03, and the highest EPS forecast at $1.64. On average, analysts forecast that ENPH's EPS will be $3.33 for 2025, with the lowest EPS forecast at $1.63, and the highest EPS forecast at $4.30. In 2026, ENPH's EPS is forecast to hit $4.17 (min: $2.78, max: $5.15).

What is ENPH's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ENPH) forecast ROE is N/A, which is considered weak.
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