ENPH

Enphase Energy Inc

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Advanced Chart

30.110

-1.8(-5.641%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

31.880

Open

31.690

VWAP

30.50

Vol

8.12M

Mkt Cap

3.94B

Low

29.890

Amount

247.67M

EV/EBITDA(TTM)

13.80

Total Shares

136.06M

3.84B

EV/OCF(TTM)

9.32

P/S(TTM)

3.03

Enphase Energy, Inc. is a global energy technology company. The Company is a supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power and control it all with a smart mobile application. It designs, develops, manufactures and sells home energy solutions that manage energy generation, energy storage, and control and communications on one intelligent platform. The Enphase Energy System brings a technology, networked approach to solar generation plus energy storage, by leveraging its design expertise across power electronics, semiconductors and cloud-based software technologies. The Enphase Energy System, powered by IQ Microinverters, IQ Batteries and other products and services, is an integrated solar, storage and energy management offering that enables self-consumption. The Company also offers a predictive software platform dedicated to simplifying the cleantech service landscape.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

337.15M

-5.32%

0.540

-20.57%

381.91M

-0.21%

0.688

-26.82%

357.69M

-6.09%

0.622

-4.34%

Estimates Revision

The market is revising Upward the revenue expectations for Enphase Energy, Inc. (ENPH) for FY2025, with the revenue forecasts being adjusted by 0.68% over the past three months. During the same period, the stock price has changed by -31.37%.

Revenue Estimates for FY2025

Revise Upward

+0.68%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+7.46%

In Past 3 Month

Stock Price

Go Down

-31.37%

In Past 3 Month

25 Analyst Rating

42.54% Upside

Wall Street analysts forecast ENPH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ENPH is 42.92 USD with a low forecast of 28.00 USD and a high forecast of 86.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

7 Buy

7 Hold

11 Sell

Hold

42.54% Upside

Current: 30.110

Low

28.00

Averages

42.92

High

86.00

42.54% Upside

Current: 30.110

Low

28.00

Averages

42.92

High

86.00

Jefferies

Underperform

downgrade

$32 -> $28

2025-08-04

New

Reason

Jefferies

Price Target

$32 -> $28

2025-08-04

New

downgrade

Underperform

Reason

Jefferies lowered the firm's price target on Enphase Energy to $28 from $32 and keeps an Underperform rating on the shares. Several factors must align for the stock to find meaningful support, according to the analyst, who doesn't see Enphase as "out of the woods yet" and expects there to be better entry points.

Johnson Rice

Buy -> Accumulate

downgrade

$45

2025-07-30

Reason

Johnson Rice

Price Target

$45

2025-07-30

downgrade

Buy -> Accumulate

Reason

Johnson Rice downgraded Enphase Energy to Accumulate from Buy with a $45 price target, citing the firm's cautious view on 2026 demand in the U.S.

Barclays

Christine Cho

Underweight

maintain

$28 -> $29

2025-07-24

Reason

Barclays

Christine Cho

Price Target

$28 -> $29

2025-07-24

maintain

Underweight

Reason

Barclays analyst Christine Cho raised the firm's price target on Enphase Energy to $29 from $28 and keeps an Underweight rating on the shares. The firm says the company is readying to launch a "unique" financial product to help transition to the lease market.

Wells Fargo

Praneeth Satish

Overweight

maintain

$42 -> $45

2025-07-24

Reason

Wells Fargo

Praneeth Satish

Price Target

$42 -> $45

2025-07-24

maintain

Overweight

Reason

Wells Fargo analyst Praneeth Satish raised the firm's price target on Enphase Energy to $45 from $42 and keeps an Overweight rating on the shares. The firm notes Q2 was in line and Q3 guide a bit soft. Enphase was down 8% after hours on muted safe harbor/pull forward commentary. Wells focus instead on 2026 where the outlook improved.

Deutsche Bank

Hold

downgrade

$49 -> $42

2025-07-24

Reason

Deutsche Bank

Price Target

$49 -> $42

2025-07-24

downgrade

Hold

Reason

Deutsche Bank lowered the firm's price target on Enphase Energy to $42 from $49 and keeps a Hold rating on the shares.

Oppenheimer

Outperform

maintain

$86 -> $77

2025-07-23

Reason

Oppenheimer

Price Target

$86 -> $77

2025-07-23

maintain

Outperform

Reason

Oppenheimer lowered the firm's price target on Enphase Energy to $77 from $86 on lower estimates, while keeping an Outperform rating on the shares. The firm notes Enphase delivered in-line revenue and upside to margin/EPS as the company continues to manage its supply chain well and sees the benefits of ongoing product design improvements. While Q3 2025 revenue guidance was below expectations, Oppenheimer highlights 220bps gross margin upside at midpoint and the exclusion of any pull-in/safe harbor revenue given pending Treasury guidance, which suggests potential for positive revisions.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Enphase Energy Inc (ENPH.O) is 12.48, compared to its 5-year average forward P/E of 46.49. For a more detailed relative valuation and DCF analysis to assess Enphase Energy Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

46.49

Current PE

12.48

Overvalued PE

67.35

Undervalued PE

25.64

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued

5Y Average EV/EBITDA

37.18

Current EV/EBITDA

9.81

Overvalued EV/EBITDA

53.86

Undervalued EV/EBITDA

20.50

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Undervalued

5Y Average PS

10.77

Current PS

2.92

Overvalued PS

14.64

Undervalued PS

6.91