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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
$92.00-19.52%
Avg Forecast
$125.40+9.69%
Max Forecast
$147.00+28.59%

Should I buy or sell ENPH stock?

Based on 20 analysts offering ratings for Enphase Energy Inc.
Buy
Strong Buy
9 analysts 45%
Buy
3 analysts 15%
Hold
7 analysts 35%
Sell
0 analysts 0%
Strong Sell
1 analysts 5%

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ENPH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-26
lockedlocked$00.00+00.00%2024-04-24
lockedlocked$00.00+00.00%2024-04-24
lockedlocked$00.00+00.00%2024-04-24
lockedlocked$00.00+00.00%2024-04-24
Wells Fargo
Top 36%
65
Strong BuyMaintains$130.00+13.72%2024-04-24
Jefferies
Top 42%
59
HoldDowngrades$111.00-2.90%2024-04-24
Piper Sandler
Bottom 1%
1
HoldReiterates$111.00-2.90%2024-04-24
Roth MKM
Bottom 5%
5
Strong BuyReiterates$140.00+22.46%2024-04-24
Canaccord Genuity
Bottom 5%
5
Strong BuyMaintains$130.00+13.72%2024-04-24

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Forecast return on equity

Is ENPH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.27%

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
$1.5B-18.38%
Avg 2 year Forecast
$2.1B+17.57%
Avg 3 year Forecast
$2.5B+38.13%
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
45.17%
Industry
30.56%
Market
18.21%
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
12.7%
Industry
17.09%
Market
9.95%
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$114.32$125.40+9.69%Buy
FSLR$197.59$239.88+21.40%Strong Buy
NXT$44.20$61.93+40.11%Strong Buy
SEDG$48.41$67.42+39.27%Hold
RUN$11.89$21.20+78.30%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, 9 (45%) are recommending ENPH as a Strong Buy, 3 (15%) are recommending ENPH as a Buy, 7 (35%) are recommending ENPH as a Hold, 0 (0%) are recommending ENPH as a Sell, and 1 (5%) 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 12.7% is not forecast to beat the US Solar industry's average forecast revenue growth rate of 17.09%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Enphase Energy's revenue in 2024 is $1,828,109,000.On average, 17 Wall Street analysts forecast ENPH's revenue for 2024 to be $203,018,665,627, with the lowest ENPH revenue forecast at $190,759,957,274, and the highest ENPH revenue forecast at $222,734,700,469. On average, 17 Wall Street analysts forecast ENPH's revenue for 2025 to be $292,449,437,151, with the lowest ENPH revenue forecast at $250,853,425,697, and the highest ENPH revenue forecast at $335,858,212,450.

In 2026, ENPH is forecast to generate $343,572,289,324 in revenue, with the lowest revenue forecast at $298,811,458,608 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 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 $125.40, with the highest ENPH stock price forecast at $147.00 and the lowest ENPH stock price forecast at $92.00.

On average, Wall Street analysts predict that Enphase Energy's share price could reach $125.40 by Apr 26, 2025. The average Enphase Energy stock price prediction forecasts a potential upside of 9.69% from the current ENPH share price of $114.32.

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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