ENPHENPHTechnology · Solar

ENPH Stock Forecast: Enphase Energy, Inc. Price Predictions for 2026-2027

Last close, 29 Oct 2026
$26
+3.48% on the day

The 29 Wall Street analysts covering Enphase Energy, Inc. hold a median 12-month price target of $42 — +60.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 37 of 100 as at 28 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$3.9B
Ticker Nerd rank
37/ 100
Median analyst target
$42
Analysts covering
29
Revenue$291.9M−19.6% y/y
Operating income$52.5M
Net income$36.1M
Free cash flow$25.9M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−17.5%
1M
−18.8%
YTD
−19.3%
1Y
−17.0%
From 52W high
−64.2%
From 52W low
+3.5%
$25
$72
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ENPH stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Enphase Energy, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 28 Oct 2026
37/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
94
Value
84
Accruals
63
Quality
54
Volatility
43
Size
29
Revisions
27
Momentum
25
Growth
9

Issuance (94): The share count has been shrinking and the company is not leaning on new borrowing.

Growth (9): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

ENPH stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ENPH, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0$50$100$150$200Jan 26Apr 26Jul 26Oct 26ENPHHigh $212Median $42Low $24

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says29 analysts
13 Buy14 Hold2 Sell
Low $24Median $42High $212

The green dot is the last close — the median target sits +60.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 12 moved it down.

DateFirmActionRatingTarget
28 Oct 2026BernsteinMaintainsMarket Perform$56 → $40
28 Oct 2026GLJ ResearchReiteratesSell$21
28 Oct 2026Morgan StanleyMaintainsUnderweight$24 → $16
28 Oct 2026OppenheimerDowngradePerform—
28 Oct 2026SusquehannaMaintainsNeutral$35 → $26
26 Oct 2026GLJ ResearchMaintainsSell$24 → $21
21 Oct 2026BMO CapitalMaintainsMarket Perform$37 → $28
19 Oct 2026JP MorganMaintainsNeutral$40 → $35
14 Oct 2026Morgan StanleyMaintainsUnderweight$27 → $24
14 Oct 2026SusquehannaMaintainsNeutral$37 → $35
6 Oct 2026BarclaysMaintainsEqual-Weight$50 → $44
6 Oct 2026BarclaysMaintainsEqual-Weight—
29 Sept 2026CitigroupMaintainsNeutral$40 → $37
29 Sept 2026CitigroupMaintainsNeutral—
21 Sept 2026Goldman SachsMaintainsBuy—
21 Sept 2026Goldman SachsMaintainsBuy$55 → $47
21 Sept 2026JefferiesMaintainsBuy—
21 Sept 2026JefferiesMaintainsBuy$54 → $42
17 Aug 2026Evercore ISI GroupMaintainsIn-Line—
17 Aug 2026Evercore ISI GroupMaintainsIn-Line$37 → $41

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

ENPH appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

ENPH vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 29 Oct 2026, Enphase Energy, Inc. returned −17.0% against +13.6% for the S&P 500, dividends included.

ENPH vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200Jan 26Apr 26Jul 26Oct 26ENPHS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ENPH analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−4.3%
Analysts raising
3
Analysts cutting
2
Fundamentals

Enphase Energy, Inc. (ENPH) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
29.8×

Cheaper than 25% of US stocks

Price / sales
3.0×

Cheaper than 40% of US stocks

Price / book
3.6×

Cheaper than 26% of US stocks

EV / EBITDA
18.8×

Cheaper than 16% of US stocks

Growth & margins
Revenue growth (YoY)
−19.6%

Higher than 11% of US stocks

Earnings growth (YoY)
−2.6%

Higher than 34% of US stocks

Gross margin
60.0%

Higher than 73% of US stocks

Operating margin
18.0%

Higher than 76% of US stocks

Net margin
10.1%

Higher than 70% of US stocks

Returns & dividend
Return on equity
13.0%

Higher than 70% of US stocks

Return on assets
2.4%

Higher than 61% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Enphase Energy, Inc. (ENPH) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Enphase Energy, Inc. has a market value of $3.9B and an enterprise value of $3.6B.

  • Revenue in the twelve months to 30 June 2026: $1.3B. The latest quarter shrank 19.6% year on year.

  • Net income over the same four quarters: $134.0M, a 10.1% net margin.

  • Diluted earnings per share, trailing twelve months: $1.00.

  • Free cash flow in the twelve months to 30 June 2026: $152.6M.

  • Enphase Energy, Inc. spent $0.0 on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 132.1M.

  • Trailing P/E: 29.8×; forward P/E: 14.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Enphase Energy, Inc. employs 2,872 people — $463K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 28 Oct 2026

Data provided by Twelve Data

Peers

ENPH vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSolar
CompanyMarket capTKN rank
ENPHEnphase Energy, Inc.$3.9B37
SEDGSolarEdge Technologies, Inc.$1.8B57
RUNSunrun, Inc.$1.8B29
SHLSShoals Technologies Group, Inc.$1.3B59
NXTNextpower, Inc.$12.4B59
CSIQCanadian Solar, Inc.$650.4M19
FSLRFirst Solar, Inc.$18.9B85

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Enphase Energy, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ENPH news & analysis

Enphase Energy: Solar Demand Destruction And Nascent AI Opportunities - Discounted For A Reason

Seeking Alpha · 29 Oct 2026negative

Seeking Alpha reports that regulatory headwinds and inflation weighed on Enphase’s U.S. residential sales, while commercial opportunities remain nascent. It also cites margin pressure from price cuts and product launches, and FQ4’26 revenue guidance of $240 million, described as the lowest top line in recent years.

Why it matters — The sales outlook and margin pressures are key indicators for ENPH watchers assessing near-term business performance.

Enphase Energy Q3 Earnings Lag Estimates, Revenues Decline Y/Y

Zacks Investment Research · 28 Oct 2026negative

Enphase Energy’s third-quarter earnings and revenue missed estimates, with revenue declining year over year amid weak residential solar demand. The company also advanced its AI data center technology.

Why it matters — The results and demand conditions provide ENPH watchers an update on the company’s quarterly performance and technology developments.

Enphase Will Have to Grow Its Way Out of a Bleak Residential Solar Market.

Barrons · 28 Oct 2026negative

Barrons reports that Enphase shares fell as U.S. residential solar demand weakened amid interest-rate pressure. The headline says the company will need to grow through a bleak residential solar market.

Why it matters — ENPH watchers may track how weaker residential solar demand affects the company’s growth prospects.

Enphase Energy Stock Hits 6-Year Low After Earnings, Downgrade

Schaeffers Research · 28 Oct 2026negative

Enphase Energy shares fell 15.1% to $25.27 after the company reported disappointing quarterly results and a grim outlook. The headline describes the stock as reaching a six-year low after earnings and a downgrade.

Why it matters — The earnings results, outlook, and downgrade coincided with a sharp share-price decline, developments relevant to ENPH watchers.

Enphase Q3 Earnings: 3 Key Takeaways for Long-Term Investors

The Motley Fool · 28 Oct 2026positive

Enphase said it expects residential battery shipments to grow 50% in 2027 and set a 2027 commercial solar and battery revenue target exceeding $100 million.

Why it matters — The targets provide ENPH watchers with a view of the company’s stated expectations for residential battery shipments and commercial solar and battery revenue.

FAQ

Frequently asked questions about ENPH stock

What is the ENPH stock price forecast for 2026-2027?

The 29 Wall Street analysts covering Enphase Energy, Inc. have a median 12-month price target of $42, with estimates ranging from $24 to $212. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ENPH stock a buy right now?

Of the 29 analysts covering Enphase Energy, Inc., 13 rate it a Buy, 14 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks Enphase Energy, Inc. 37 out of 100 across roughly 4,600 US stocks as at 28 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ENPH?

As at 28 Oct 2026, Enphase Energy, Inc. ranks 37 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (94 of 100).

Will ENPH stock go up?

No one can know that. What the data says: the median 12-month target from 29 analysts implies +60.5% from the last close, and Ticker Nerd's factor model ranks Enphase Energy, Inc. 37 out of 100 as at 28 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ENPH stock forecast for 2030?

No analyst covering Enphase Energy, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ENPH are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $24 to $212 over the next 12 months.

How has ENPH stock performed over the past year?

Enphase Energy, Inc. returned -17.0% over the 12 months to 29 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Enphase Energy, Inc. do?

Enphase Energy, Inc. is a global energy technology company that provides home energy solutions for the solar industry.

What is the latest news on ENPH?

The most recent item we track (Seeking Alpha, 29 Oct 2026): "Enphase Energy: Solar Demand Destruction And Nascent AI Opportunities - Discounted For A Reason". Seeking Alpha reports that regulatory headwinds and inflation weighed on Enphase’s U.S. residential sales, while commercial opportunities remain nascent. It also cites margin pressure from price cuts and product launches, and FQ4’26 revenue guidance of $240 million, described as the lowest top line in recent years.

Company

About Enphase Energy, Inc.

Enphase Energy, Inc. is a global energy technology company that provides home energy solutions for the solar industry. Enphase Energy focuses on microinverter-based solar and battery systems that help manage energy generation, storage, control, and communications on a single platform. Its product portfolio includes microinverters, battery storage systems, communication hardware, and software tools used to monitor and manage residential energy systems. The company serves homeowners, solar installers, and small commercial customers across multiple regions, supporting distributed solar power adoption and behind-the-meter energy management. Enphase Energy plays an important role in the residential clean energy market by offering integrated hardware and software designed to improve system visibility, flexibility, and energy use optimization.

CEO Mr. Badrinarayanan Kothandaraman · 2,872 employees · United States · https://www.enphase.com