ENPHASE ENERGY INC (ENPH) Forecast, Price Target & Analyst Ratings

NASDAQ:ENPH • US29355A1079

40.23 USD
-0.92 (-2.24%)
At close: Mar 6, 2026
40.15 USD
-0.08 (-0.2%)
After Hours: 3/6/2026, 8:14:12 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ENPHASE ENERGY INC (ENPH).

Forecast Snapshot

Consensus Price Target

Price Target
$43.30
+ 7.62% Upside

Next Earnings Forecast

Earnings Estimate
Release DateApr 20, 2026
PeriodQ1 / 2026
EPS Estimate$0.45
Revenue Estimate287.35M

ChartMill Buy Consensus

Rating
65.37%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$43.30
Upside
+ 7.62%
From current price of $40.23 to mean target of $43.30, Based on 41 analyst forecasts
Low
$21.92
Median
$41.82
High
$71.40

Price Target Revisions

1 Month
11.11%
3 Months
6.89%

Price Target Summary

41 analysts have analysed ENPH and the average price target is 43.3 USD. This implies a price increase of 7.62% is expected in the next year compared to the current price of 40.23.
The average price target has been revised upward by 6.89% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ENPH Current Analyst RatingENPH Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15 20

Analyst Ratings History

ENPH Historical Analyst RatingsENPH Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30 40

Analyst Ratings Consensus

ChartMill Buy Consensus
65.37%
ENPH was analyzed by 41 analysts. The buy percentage consensus is at 65. So analysts seem to be rather neutral about ENPH.
In the last month the buy percentage rose by 8 points. So the trust of analysts is improving.
ENPH was analyzed by 41 analysts, which is quite many. So the average rating should be quite meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-25JefferiesUpgrade Hold -> Buy
2026-02-04BMO CapitalUpgrade Underperform -> Market Perform
2026-02-04OppenheimerMaintains Outperform -> Outperform
2026-02-04Wells FargoMaintains Overweight -> Overweight
2026-02-04Roth CapitalReiterate Buy -> Buy
2026-02-04JP MorganMaintains Neutral -> Neutral
2026-02-04Goldman SachsMaintains Buy -> Buy
2026-02-04CitigroupMaintains Neutral -> Neutral
2026-01-22CitigroupUpgrade Sell -> Neutral
2026-01-20Goldman SachsUpgrade Neutral -> Buy
2026-01-15BarclaysMaintains Underweight -> Underweight
2026-01-05KeybancUpgrade Underweight -> Sector Weight
2025-12-29Northland Capital MarketsMaintains Outperform -> Outperform
2025-12-18Goldman SachsUpgrade Sell -> Neutral
2025-12-08JP MorganMaintains Neutral -> Neutral
2025-10-30Morgan StanleyMaintains Underweight -> Underweight
2025-10-29RBC CapitalMaintains Sector Perform -> Sector Perform
2025-10-29JP MorganMaintains Neutral -> Neutral
2025-10-29CitigroupMaintains Sell -> Sell
2025-10-23MizuhoDowngrade Outperform -> Neutral
2025-10-21CitigroupMaintains Sell -> Sell
2025-10-16JP MorganMaintains Neutral -> Neutral
2025-10-13SusquehannaMaintains Neutral -> Neutral
2025-10-09BarclaysMaintains Underweight -> Underweight
2025-10-07Evercore ISI GroupInitiate In-Line

Next Earnings Forecast Details

Next Earnings Details

Release DateApr 20, 2026
PeriodQ1 / 2026
EPS Estimate$0.45
Revenue Estimate287.35M
Revenue Q2Q-19.30%
EPS Q2Q-34.48%
Number of Analysts28

Next Earnings Revisions

Revenue (1 Month)
10.15%
Revenue (3 Months)
7.54%
EPS (1 Month)
15.45%
EPS (3 Months)
6.71%

Next Earnings Summary

ENPH is expected to report earnings on 4/20/2026. The consensus EPS estimate for the next earnings is 0.45 USD and the consensus revenue estimate is 287.35M USD.
The next earnings revenue estimate has been revised upward by 7.54% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
ENPH revenue by date.ENPH revenue by date.
2.291B
-1.72%
1.33B
-41.92%
1.473B
10.72%
1.288B
-12.56%
1.414B
9.78%
1.549B
9.55%
1.531B
-1.16%
1.679B
9.67%
1.841B
9.65%
2.012B
9.29%
2.204B
9.54%
EBITDA
YoY % growth
ENPH ebitda by date.ENPH ebitda by date.
536.133M
4.69%
171.835M
-67.95%
259.002M
50.73%
351.3M
35.64%
422.96M
20.40%
456.51M
7.93%
627.13M
37.37%
627.99M
0.14%
622.82M
-0.82%
716.81M
15.09%
740.29M
3.28%
EBIT
YoY % growth
ENPH ebit by date.ENPH ebit by date.
461.425M
1.79%
90.446M
-80.40%
178.357M
97.20%
271.43M
52.18%
317.97M
17.15%
372.17M
17.05%
362.92M
-2.49%
355.51M
-2.04%
354.14M
-0.39%
365.45M
3.19%
352.74M
-3.48%
Operating Margin
ENPH operating margin by date.ENPH operating margin by date.
20.14%6.80%12.11%21.07%22.49%24.03%23.70%21.17%19.24%18.16%16.00%
EPS
YoY % growth
ENPH eps by date.ENPH eps by date.
4.40
-4.76%
2.37
-46.14%
2.98
25.74%
2.04
-31.54%
2.54
24.70%
2.99
17.40%
3.96
32.68%
3.97
0.13%
3.93
-0.90%
4.24
7.91%
4.37
2.88%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth
0.45
-34.48%
0.49
-28.40%
0.58
-35.90%
0.60
-14.87%
0.67
49.53%
0.72
46.07%
0.78
34.38%
0.82
36.46%
0.55
-17.32%
0.59
-17.60%
0.71
-7.89%
Revenue
Q2Q % growth
287.35M
-19.30%
304.3M
-16.21%
324.43M
-20.95%
329.32M
-4.08%
312.56M
8.77%
336.11M
10.45%
350.78M
8.12%
349.17M
6.03%
302.82M
-3.12%
317.74M
-5.47%
358.63M
2.24%
EBITDA
Q2Q % growth
68.558M
24.65%
78.853M
-3.99%
89.202M
-34.05%
97.293M
-3.52%
98.904M
44.26%
109.61M
39.01%
118.9M
33.29%
121.22M
24.59%
92.208M
-6.77%
98.736M
-9.92%
117.1M
-1.51%
EBIT
Q2Q % growth
46.22M
31.74%
60.518M
43.65%
73.177M
-2.49%
87.159M
331.52%
81.396M
76.11%
105.01M
73.52%
113.27M
54.79%
110.98M
27.33%
N/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ENPH Yearly Revenue VS EstimatesENPH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B 2B
ENPH Yearly EPS VS EstimatesENPH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 1 -1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
0.07%
EPS Next 5 Year
5.89%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.17%
Revenue Next 5 Year
2.33%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
6.16%
EBIT Next 5 Year
10.48%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ENPHASE ENERGY INC / ENPH Forecast FAQ

What is the price target for ENPH stock?

41 analysts have analysed ENPH and the average price target is 43.3 USD. This implies a price increase of 7.62% is expected in the next year compared to the current price of 40.23.


When does ENPHASE ENERGY INC (ENPH) report earnings?

ENPHASE ENERGY INC (ENPH) will report earnings on 2026-04-20, after the market close.


What are the consensus estimates for ENPH stock next earnings?

The consensus EPS estimate for the next earnings of ENPHASE ENERGY INC (ENPH) is 0.45 USD and the consensus revenue estimate is 287.35M USD.


Can you provide the consensus rating for ENPHASE ENERGY INC stock?

The consensus rating for ENPHASE ENERGY INC (ENPH) is 65.3659 / 100 . This indicates that analysts generally have a neutral outlook on the stock.