WallStreetZenWallStreetZen

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

Analyst price target for ENPH

Based on 17 analysts offering 12 month price targets for Enphase Energy Inc.
Min Forecast
$171.00-18.61%
Avg Forecast
$300.94+43.24%
Max Forecast
$365.00+73.74%

Should I buy or sell ENPH stock?

Based on 19 analysts offering ratings for Enphase Energy Inc.
Buy
Strong Buy
7 analysts 36.84%
Buy
7 analysts 36.84%
Hold
5 analysts 26.32%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their ENPH stock forecasts and price targets.

ENPH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Piper Sandler
Bottom 1%
1
HoldDowngrades$255.00+21.38%2023-01-25Find out why
Deutsche Bank
Bottom 14%
14
Strong BuyMaintains$285.00+35.66%2023-01-17Find out why
Wells Fargo
Top 16%
85
Strong BuyMaintains$326.00+55.17%2023-01-06
Daiwa Capital
Top 36%
65
BuyInitiates Coverage On$335.00+59.46%2022-12-23Find out why
Northland Securities
Bottom 14%
14
BuyUpgrades$365.00+73.74%2022-12-19Find out why
Susquehanna
Top 36%
65
HoldDowngrades$365.00+73.74%2022-12-15Find out why
Goldman Sachs
Top 22%
79
Strong BuyMaintains$362.00+72.31%2022-10-26
Needham
Bottom 5%
5
BuyMaintains$335.00+59.46%2022-10-26
Barclays
Bottom 20%
20
HoldMaintains$311.00+48.03%2022-10-26
JP Morgan
Top 2%
99
Strong BuyMaintains$289.00+37.56%2022-10-20

1 of 2

Forecast return on equity

Is ENPH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
12.46%

Forecast return on assets

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

ENPH earnings per share forecast

What is ENPH's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$3.81+72.4%
Avg 2 year Forecast
$4.99+125.79%
Avg 3 year Forecast
$5.60+153.39%
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 11 analysts?
Avg 1 year Forecast
$3.0B+48.35%
Avg 2 year Forecast
$3.7B+81.21%
Avg 3 year Forecast
$4.1B+100.98%
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
40.81%
Industry
79.47%
Market
24.24%
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
27.18%
Industry
26.3%
Market
9.35%
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$210.09$300.94+43.24%Buy
FSLR$179.35$157.37-12.25%Buy
SEDG$306.44$350.88+14.50%Strong Buy
RUN$25.46$40.50+59.07%Buy
SHLS$27.70$30.10+8.66%Buy

Enphase Energy Stock Forecast FAQ

Is Enphase Energy Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NASDAQ: ENPH) stock is to Buy ENPH stock.

Out of 19 analysts, 7 (36.84%) are recommending ENPH as a Strong Buy, 7 (36.84%) are recommending ENPH as a Buy, 5 (26.32%) 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 earnings growth forecast for 2023-2025?

(NASDAQ: ENPH) Enphase Energy's forecast annual earnings growth rate of 40.81% is not forecast to beat the US Solar industry's average forecast earnings growth rate of 79.47%, and while it is forecast to beat the US market's average forecast earnings growth rate of 24.24%.

Enphase Energy's earnings in 2023 is $296,200,000.On average, 13 Wall Street analysts forecast ENPH's earnings for 2023 to be $517,868,809, with the lowest ENPH earnings forecast at $388,741,416, and the highest ENPH earnings forecast at $599,422,953. On average, 2 Wall Street analysts forecast ENPH's earnings for 2024 to be $678,258,624, with the lowest ENPH earnings forecast at $626,607,667, and the highest ENPH earnings forecast at $728,550,346.

In 2025, ENPH is forecast to generate $761,172,003 in earnings, with the lowest earnings forecast at $761,172,003 and the highest earnings forecast at $761,172,003.

What is ENPH's revenue growth forecast for 2023-2025?

(NASDAQ: ENPH) Enphase Energy's forecast annual revenue growth rate of 27.18% is forecast to beat the US Solar industry's average forecast revenue growth rate of 26.3%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.35%.

Enphase Energy's revenue in 2023 is $2,018,920,000.On average, 11 Wall Street analysts forecast ENPH's revenue for 2023 to be $407,091,369,987, with the lowest ENPH revenue forecast at $361,842,141,021, and the highest ENPH revenue forecast at $431,815,595,887. On average, 5 Wall Street analysts forecast ENPH's revenue for 2024 to be $497,271,766,761, with the lowest ENPH revenue forecast at $430,877,723,240, and the highest ENPH revenue forecast at $550,888,722,666.

In 2025, ENPH is forecast to generate $551,530,281,926 in revenue, with the lowest revenue forecast at $478,179,126,296 and the highest revenue forecast at $624,881,437,556.

What is ENPH's forecast return on assets (ROA) for 2023-2026?

(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 17 Wall Street analysts that have issued a 1 year ENPH price target, the average ENPH price target is $300.94, with the highest ENPH stock price forecast at $365.00 and the lowest ENPH stock price forecast at $171.00.

On average, Wall Street analysts predict that Enphase Energy's share price could reach $300.94 by Jan 25, 2024. The average Enphase Energy stock price prediction forecasts a potential upside of 43.24% from the current ENPH share price of $210.09.

What is ENPH's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: ENPH) Enphase Energy's current Earnings Per Share (EPS) is $2.21. On average, analysts forecast that ENPH's EPS will be $3.81 for 2023, with the lowest EPS forecast at $2.86, and the highest EPS forecast at $4.41. On average, analysts forecast that ENPH's EPS will be $4.99 for 2024, with the lowest EPS forecast at $4.61, and the highest EPS forecast at $5.36. In 2025, ENPH's EPS is forecast to hit $5.60 (min: $5.60, max: $5.60).

What is ENPH's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: ENPH) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.