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

Analyst price target for ENPH

Based on 20 analysts offering 12 month price targets for Enphase Energy Inc.
Min Forecast
$86.00-21.22%
Avg Forecast
$129.75+18.85%
Max Forecast
$158.00+44.73%

Should I buy or sell ENPH stock?

Based on 20 analysts offering ratings for Enphase Energy Inc.
Buy
Strong Buy
8 analysts 40%
Buy
3 analysts 15%
Hold
9 analysts 45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ENPH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-18
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-04-05
lockedlocked$00.00+00.00%2024-03-11
RBC Capital
Bottom 3%
3
BuyInitiates Coverage On$140.00+28.24%2024-02-14
Barclays
Top 11%
90
HoldMaintains$115.00+5.34%2024-02-08
Morgan Stanley
Bottom 12%
12
HoldMaintains$106.00-2.90%2024-02-07
BMO Capital
Bottom 3%
3
HoldMaintains$110.00+0.76%2024-02-07
Oppenheimer
Bottom 16%
16
BuyUpgrades$133.00+21.83%2024-02-07

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Forecast return on equity

Is ENPH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.66%

Forecast return on assets

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

ENPH revenue forecast

What is ENPH's revenue in the next 3 years based on estimates from 17 analysts?
Avg 1 year Forecast
$1.7B-27.94%
Avg 2 year Forecast
$2.3B-0.09%
Avg 3 year Forecast
$2.8B+20.94%
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
24.47%
Industry
39.8%
Market
21.73%
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
7.35%
Industry
15.62%
Market
10.23%
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$109.17$129.75+18.85%Buy
FSLR$174.29$222.73+27.79%Strong Buy
NXT$44.53$64.77+45.45%Strong Buy
SEDG$57.39$89.89+56.63%Hold
RUN$10.11$21.07+108.38%Strong Buy

Enphase Energy Stock Forecast FAQ

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

The consensus among 20 Wall Street analysts covering (NASDAQ: ENPH) stock is to Buy ENPH stock.

Out of 20 analysts, 8 (40%) are recommending ENPH as a Strong Buy, 3 (15%) are recommending ENPH as a Buy, 9 (45%) are recommending ENPH as a Hold, 0 (0%) are recommending ENPH as a Sell, and 0 (0%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: ENPH) Enphase Energy's forecast annual revenue growth rate of 7.35% is not forecast to beat the US Solar industry's average forecast revenue growth rate of 15.62%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.23%.

Enphase Energy's revenue in 2024 is $2,290,786,000.On average, 17 Wall Street analysts forecast ENPH's revenue for 2024 to be $224,098,076,647, with the lowest ENPH revenue forecast at $192,642,502,041, and the highest ENPH revenue forecast at $270,066,053,073. On average, 17 Wall Street analysts forecast ENPH's revenue for 2025 to be $310,730,455,161, with the lowest ENPH revenue forecast at $248,711,109,048, and the highest ENPH revenue forecast at $369,971,350,643.

In 2026, ENPH is forecast to generate $376,129,394,260 in revenue, with the lowest revenue forecast at $301,119,644,276 and the highest revenue forecast at $422,985,372,522.

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 N/A.

What is ENPH's Price Target?

According to 20 Wall Street analysts that have issued a 1 year ENPH price target, the average ENPH price target is $129.75, with the highest ENPH stock price forecast at $158.00 and the lowest ENPH stock price forecast at $86.00.

On average, Wall Street analysts predict that Enphase Energy's share price could reach $129.75 by Apr 18, 2025. The average Enphase Energy stock price prediction forecasts a potential upside of 18.85% from the current ENPH share price of $109.17.

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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