ENPH Stock - Enphase Energy, Inc.
Unlock GoAI Insights for ENPH
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.33B | $2.29B | $2.33B | $1.38B | $774.42M |
| Gross Profit | $629.14M | $1.06B | $974.60M | $554.42M | $345.98M |
| Gross Margin | 47.3% | 46.2% | 41.8% | 40.1% | 44.7% |
| Operating Income | $77.29M | $445.74M | $448.26M | $215.83M | $186.44M |
| Net Income | $102.66M | $438.94M | $397.36M | $145.45M | $134.00M |
| Net Margin | 7.7% | 19.2% | 17.0% | 10.5% | 17.3% |
| EPS | $0.76 | $3.24 | $2.94 | $1.09 | $1.07 |
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 18th 2025 | Goldman | Upgrade | Neutral | $29 |
| October 29th 2025 | TD Cowen | Reiterated | Hold | $35← $40 |
| October 23rd 2025 | Mizuho | Downgrade | Neutral | $37 |
| October 7th 2025 | Evercore ISI | Initiation | In-line | $40 |
| August 21st 2025 | Jefferies | Upgrade | Hold | $36 |
| July 30th 2025 | Johnson Rice | Downgrade | Accumulate | $45 |
| July 23rd 2025 | TD Cowen | Reiterated | Hold | $40← $45 |
| July 15th 2025 | JP Morgan | Downgrade | Neutral | $37 |
| July 9th 2025 | Goldman | Downgrade | Sell | $32 |
| July 8th 2025 | TD Cowen | Downgrade | Hold | $45 |
| June 17th 2025 | KeyBanc Capital Markets | Downgrade | Underweight | $31 |
| May 13th 2025 | Barclays | Downgrade | Underweight | $40 |
| May 13th 2025 | BMO Capital Markets | Downgrade | Underperform | $40 |
| May 13th 2025 | BNP Paribas Exane | Downgrade | Underperform | $40 |
| April 23rd 2025 | Guggenheim | Downgrade | Sell | $33 |
Earnings History & Surprises
ENPHEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 20, 2026 | — | — | — | — |
Q1 2026 | Feb 3, 2026 | $0.56 | — | — | — |
Q4 2025 | Oct 28, 2025 | $0.62 | $0.90 | +45.2% | ✓ BEAT |
Q3 2025 | Jul 22, 2025 | $0.62 | $0.69 | +11.3% | ✓ BEAT |
Q2 2025 | Apr 22, 2025 | $0.71 | $0.68 | -4.2% | ✗ MISS |
Q1 2025 | Feb 4, 2025 | $0.72 | $0.94 | +30.6% | ✓ BEAT |
Q4 2024 | Oct 22, 2024 | $0.78 | $0.65 | -16.7% | ✗ MISS |
Q3 2024 | Jul 23, 2024 | $0.49 | $0.43 | -13.0% | ✗ MISS |
Q2 2024 | Apr 23, 2024 | $0.41 | $0.35 | -14.6% | ✗ MISS |
Q1 2024 | Feb 6, 2024 | $0.54 | $0.54 | 0.0% | = MET |
Q4 2023 | Oct 26, 2023 | $1.01 | $1.02 | +1.0% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $1.25 | $1.47 | +17.6% | ✓ BEAT |
Q2 2023 | Apr 25, 2023 | $1.21 | $1.37 | +13.2% | ✓ BEAT |
Q1 2023 | Feb 7, 2023 | $1.27 | $1.51 | +18.9% | ✓ BEAT |
Q4 2022 | Oct 25, 2022 | $1.07 | $1.25 | +16.8% | ✓ BEAT |
Q3 2022 | Jul 26, 2022 | $0.83 | $1.07 | +28.9% | ✓ BEAT |
Q2 2022 | Apr 26, 2022 | $0.68 | $0.77 | +13.2% | ✓ BEAT |
Q1 2022 | Feb 8, 2022 | $0.57 | $0.73 | +28.1% | ✓ BEAT |
Q4 2021 | Oct 26, 2021 | $0.47 | $0.60 | +27.7% | ✓ BEAT |
Q3 2021 | Jul 27, 2021 | $0.42 | $0.53 | +26.2% | ✓ BEAT |
Latest News
Goldman Sachs Upgrades Enphase Energy to Neutral, Maintains Price Target to $29
➖ NeutralEnphase Expands Safe Harbor Deal With Solar Financing Partner, Eyeing $55M Revenue Boost
📈 PositiveShares of semiconductor stocks are trading higher after the Fed cut rates by 25 basis points.
📈 PositiveJP Morgan Maintains Neutral on Enphase Energy, Lowers Price Target to $33
📉 NegativeEnphase Energy Signs ~$68M Safe Harbor Agreement With Solar, Battery Financing Company
📈 PositiveMorgan Stanley Maintains Underweight on Enphase Energy, Lowers Price Target to $26
📉 NegativeCitigroup Maintains Sell on Enphase Energy, Lowers Price Target to $31
📉 NegativeRBC Capital Maintains Sector Perform on Enphase Energy, Lowers Price Target to $31
📉 NegativeJP Morgan Maintains Neutral on Enphase Energy, Lowers Price Target to $37
➖ NeutralEnphase Energy shares are trading lower after the company provided Q4 sales guidance below analyst estimates.
📉 NegativeEnphase Energy stock slides on disappointing Q4 outlook, tariff headwinds
📉 NegativeEnphase Energy shares are trading lower after the company provided Q4 sales guidance below analyst estimates.
📉 NegativeEnphase Energy Sees Q4 Sales $310.000M-$350.000M vs $381.435M Est
📉 NegativeEnphase Energy Q3 Adj. EPS $0.90 Beats $0.65 Estimate, Sales $410.427M Beat $365.808M Estimate
📈 PositiveMizuho Downgrades Enphase Energy to Neutral, Lowers Price Target to $37
📉 NegativeCitigroup Maintains Sell on Enphase Energy, Raises Price Target to $32
📉 NegativeJP Morgan Maintains Neutral on Enphase Energy, Raises Price Target to $40
➖ NeutralShares of solar-related companies are trading higher. The sector has recently seen strength after China's Commerce Ministry announced that foreign suppliers must obtain approval to export certain products containing rare-earth materials, and the country will require licenses for the export of specific lithium batteries.
📈 PositiveChinese solar stocks rise as government cracks down on overcapacity
📈 PositiveShares of solar-related companies are trading higher amid overall market strength. The sector saw strength last Thursday after China's Commerce Ministry announced that foreign suppliers must obtain approval to export certain products containing rare-earth materials, and the country will require licenses for the export of specific lithium batteries.
📈 PositiveFrequently Asked Questions about ENPH
What is ENPH's current stock price?
What is the analyst price target for ENPH?
What sector is Enphase Energy, Inc. in?
What is ENPH's market cap?
Does ENPH pay dividends?
Similar Stocks
Energy SectorExplore stocks similar to ENPH for comparison