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
$43.30
+ 7.62% Upside
Next Earnings Forecast
Release DateApr 20, 2026
PeriodQ1 / 2026
EPS Estimate$0.44
Revenue Estimate289.58M
ChartMill Buy Consensus
66.83%
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.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
66.83%
ENPH was analyzed by 41 analysts. The buy percentage consensus is at 67. So analysts seem to be have mildly positive about ENPH.
In the previous month the buy percentage consensus was at a similar level.
ENPH was analyzed by 41 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-02-25 | Jefferies | Upgrade | Hold -> Buy |
| 2026-02-04 | BMO Capital | Upgrade | Underperform -> Market Perform |
| 2026-02-04 | Oppenheimer | Maintains | Outperform -> Outperform |
| 2026-02-04 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2026-02-04 | Roth Capital | Reiterate | Buy -> Buy |
| 2026-02-04 | JP Morgan | Maintains | Neutral -> Neutral |
| 2026-02-04 | Goldman Sachs | Maintains | Buy -> Buy |
| 2026-02-04 | Citigroup | Maintains | Neutral -> Neutral |
| 2026-01-22 | Citigroup | Upgrade | Sell -> Neutral |
| 2026-01-20 | Goldman Sachs | Upgrade | Neutral -> Buy |
| 2026-01-15 | Barclays | Maintains | Underweight -> Underweight |
| 2026-01-05 | Keybanc | Upgrade | Underweight -> Sector Weight |
| 2025-12-29 | Northland Capital Markets | Maintains | Outperform -> Outperform |
| 2025-12-18 | Goldman Sachs | Upgrade | Sell -> Neutral |
| 2025-12-08 | JP Morgan | Maintains | Neutral -> Neutral |
| 2025-10-30 | Morgan Stanley | Maintains | Underweight -> Underweight |
| 2025-10-29 | RBC Capital | Maintains | Sector Perform -> Sector Perform |
| 2025-10-29 | JP Morgan | Maintains | Neutral -> Neutral |
| 2025-10-29 | Citigroup | Maintains | Sell -> Sell |
| 2025-10-23 | Mizuho | Downgrade | Outperform -> Neutral |
| 2025-10-21 | Citigroup | Maintains | Sell -> Sell |
| 2025-10-16 | JP Morgan | Maintains | Neutral -> Neutral |
| 2025-10-13 | Susquehanna | Maintains | Neutral -> Neutral |
| 2025-10-09 | Barclays | Maintains | Underweight -> Underweight |
| 2025-10-07 | Evercore ISI Group | Initiate | In-Line |
Next Earnings Forecast Details
Next Earnings Details
Release DateApr 20, 2026
PeriodQ1 / 2026
EPS Estimate$0.44
Revenue Estimate289.58M
Revenue Q2Q-18.68%
EPS Q2Q-34.61%
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 0.44 USD and the consensus revenue estimate is 289.58M 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.
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 | 2.291B -1.72% | 1.33B -41.92% | 1.473B 10.72% | 1.28B -13.10% | 1.408B 10.00% | 1.544B 9.66% | 1.556B 0.78% | 1.683B 8.16% | 1.841B 9.39% | 2.012B 9.29% | 2.204B 9.54% | |
| EBITDA YoY % growth | 536.133M 4.69% | 171.835M -67.95% | 259.002M 50.73% | 349.92M 35.10% | 423.32M 20.98% | 462.47M 9.25% | 622.43M 34.59% | 633.2M 1.73% | 622.82M -1.64% | 716.81M 15.09% | 740.29M 3.28% | |
| EBIT YoY % growth | 461.425M 1.79% | 90.446M -80.40% | 178.357M 97.20% | 271.43M 52.18% | 317.97M 17.15% | 372.17M 17.05% | 224.4M -39.70% | 209.1M -6.82% | 214.2M 2.44% | 237.66M 10.95% | 195.84M -17.60% | |
| Operating Margin | 20.14% | 6.80% | 12.11% | 21.21% | 22.58% | 24.10% | 14.42% | 12.42% | 11.63% | 11.81% | 8.89% | |
| EPS YoY % growth | 4.40 -4.76% | 2.37 -46.14% | 2.98 25.74% | 2.23 -25.04% | 2.78 24.51% | 3.25 16.78% | 3.88 19.34% | 3.95 1.93% | 3.93 -0.47% | 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 | 0.44 -34.61% | 0.49 -29.03% | 0.58 -35.90% | 0.60 -14.87% | 0.67 49.82% | 0.72 47.36% | 0.78 34.38% | 0.82 36.46% | 0.55 -17.32% | 0.59 -17.60% | 0.71 -7.89% |
| Revenue Q2Q % growth | 289.58M -18.68% | 305.49M -15.88% | 324.43M -20.95% | 329.32M -4.08% | 312.56M 7.94% | 336.11M 10.02% | 350.78M 8.12% | 349.17M 6.03% | 302.82M -3.12% | 317.74M -5.47% | 358.63M 2.24% |
| EBITDA Q2Q % growth | 70.034M 27.34% | 79.111M -3.67% | 89.202M -34.05% | 97.293M -3.52% | 98.904M 41.22% | 109.61M 38.55% | 118.9M 33.29% | 121.22M 24.59% | 92.208M -6.77% | 98.736M -9.92% | 117.1M -1.51% |
| EBIT Q2Q % growth | 46.584M 32.78% | 60.409M 43.39% | 73.177M -2.49% | 87.159M 331.52% | 81.396M 74.73% | 105.01M 73.83% | 113.27M 54.79% | 110.98M 27.33% | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
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%
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 0.44 USD and the consensus revenue estimate is 289.58M USD.
Can you provide the consensus rating for ENPHASE ENERGY INC stock?
The consensus rating for ENPHASE ENERGY INC (ENPH) is 66.8293 / 100 . This indicates that analysts generally have a neutral outlook on the stock.