Enphase Energy (ENPH) Stock Forecast & Price Target

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$110.04

-2.43 (-2.16%)

(As of 09:34 AM ET)

Enphase Energy Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 29 Analyst Ratings

Analysts' Consensus Price Target

$151.03
37.25% Upside

High Forecast	$275.00
Average Forecast	$151.03
Low Forecast	$86.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	17 Buy rating(s)	17 Buy rating(s)	22 Buy rating(s)
Hold	12 Hold rating(s)	11 Hold rating(s)	13 Hold rating(s)	6 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$151.03	$153.65	$169.34	$296.86
Predicted Upside	37.25% Upside	28.37% Upside	32.92% Upside	25.44% Upside

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ENPH Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ENPH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Enphase Energy Stock vs. The Competition

Type	Enphase Energy	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.52	2.55	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	34.29% Upside	460.69% Upside	11.23% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/5/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Positive ➝ Positive	$140.00	+15.91%
4/5/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$126.00 ➝ $121.00	+0.18%
2/14/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$140.00	+13.31%
2/8/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$106.00 ➝ $115.00	-2.71%
2/7/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$97.00 ➝ $106.00	-9.63%
2/7/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$106.00 ➝ $110.00	-6.03%
Get the Latest News and Ratings for ENPH and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Enphase Energy and its competitors with MarketBeat's FREE daily newsletter.
2/7/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$133.00	+32.33%
2/1/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$150.00 ➝ $140.00	+35.51%
1/23/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$85.00 ➝ $145.00	+35.32%
1/16/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$142.00	+31.17%
1/12/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$120.00 ➝ $117.00	+4.87%
1/8/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$98.00 ➝ $141.00	+22.19%
1/4/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Sector Weight
1/3/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$131.00 ➝ $150.00	+22.55%
12/15/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$121.00	+0.65%
10/30/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$180.00 ➝ $158.00	+91.28%
10/27/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$190.00 ➝ $113.00	+37.75%
10/27/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$86.00	+6.17%
10/24/2023	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$145.00 ➝ $100.00	+3.85%
10/20/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$131.00	+13.03%
10/19/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$169.00 ➝ $155.00	+25.16%
10/19/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Sector Outperform ➝ Sector Perform	$140.00	+13.05%
10/12/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$114.00 ➝ $102.00	-20.69%
10/3/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$225.00 ➝ $175.00	+56.33%
7/28/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$313.00 ➝ $262.00	+69.62%
7/28/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$200.00 ➝ $165.00	-1.08%
7/20/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
6/30/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Souther Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$247.00 ➝ $214.00	+34.79%
6/28/2023	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$300.00 ➝ $235.00	+45.94%
5/1/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$295.00 ➝ $260.00	+58.34%
4/26/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$325.00 ➝ $275.00	+24.66%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:51 AM ET.

ENPH Price Target - Frequently Asked Questions

What is Enphase Energy's consensus rating and price target?: According to the issued ratings of 29 analysts in the last year, the consensus rating for Enphase Energy stock is Moderate Buy based on the current 1 sell rating, 12 hold ratings and 16 buy ratings for ENPH. The average twelve-month price prediction for Enphase Energy is $151.03 with a high price target of $275.00 and a low price target of $86.00. Learn more on ENPH's analyst rating history.
Do Wall Street analysts like Enphase Energy more than its competitors?: Analysts like Enphase Energy less than other Oils/Energy companies. The consensus rating score for Enphase Energy is 2.52 while the average consensus rating score for oils/energy companies is 2.55. Learn more on how ENPH compares to other companies.
Is Enphase Energy being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Enphase Energy's stock had 2 upgrades and 1 downgrade by analysts.

Does Enphase Energy's stock price have much upside?: According to analysts, Enphase Energy's stock has a predicted upside of 26.15% based on their 12-month stock forecasts.
What analysts cover Enphase Energy?: Enphase Energy has been rated by Barclays, BMO Capital Markets, Citigroup, Morgan Stanley, Oppenheimer, Roth Mkm, Royal Bank of Canada, Susquehanna, and Truist Financial in the past 90 days.

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This page (NASDAQ:ENPH) was last updated on 4/16/2024 by MarketBeat.com Staff

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Enphase Energy (ENPH) Stock Forecast & Price Target

Enphase Energy Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

ENPH Analyst Ratings By Month

ENPH Price Targets by Month

Enphase Energy Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

ENPH Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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