
Enphase Energy (ENPH) Stock Forecast & Price Target
Enphase Energy (ENPH) Analyst Ratings
Bulls say
Enphase Energy reported a Q4 revenue of $343 million, surpassing consensus estimates due to an impressive 21% sequential increase in US demand, driven by homeowners purchasing ahead of the 25D expiration. The company anticipates continued growth in Q2 revenue, excluding safe harbor revenue, and is expected to maintain a competitive edge through its innovative storage solutions and share gains in California, particularly with the introduction of its new 10C battery. Enphase's strong market position in microinverters and its strategic expansion across three continents positions the company favorably for sustained revenue growth into 2026.
Bears say
Enphase Energy is facing a negative outlook due to a significant decrease in revenue from both the U.S. and EU markets, with reported declines of approximately 13% quarter-over-quarter in the U.S. and 29% in the EU. Additionally, the company's gross margins have been under pressure, with GAAP gross margins guided to approximately 41.5% and non-GAAP gross margins expected to be around 43.5%, which are both below previous estimates. Furthermore, concerns about potential volatility in revenue and margins due to shortfalls in TPO conversions or inventory management exacerbate the challenges facing the company amid a deterioration in demand.
This aggregate rating is based on analysts' research of Enphase Energy and is not a guaranteed prediction by Public.com or investment advice.
Enphase Energy (ENPH) Analyst Forecast & Price Prediction
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