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ENPH Stock Chart & Stats
$37.35
-$0.01(-0.03%)
At close: 4:00 PM EDT
$37.35
-$0.01(-0.03%)
Day’s Range― - ―
52-Week Range$25.78 - $73.74
Previous CloseN/A
Volume1.51M
Average Volume (3M)4.80M
Market Cap
$4.05B
Enterprise Value$6.30B
Total Cash (Recent Filing)$967.06M
Total Debt (Recent Filing)$613.37M
Price to Earnings (P/E)30.0
Beta0.66
Next Earnings
Oct 27, 2026EPS Estimate
0.51Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.02
Shares Outstanding132,144,650
10 Day Avg. Volume5,030,644
30 Day Avg. Volume4,796,392
Financial Highlights & Ratios
PEG Ratio0.34
Price to Book (P/B)3.87
Price to Sales (P/S)2.85
P/FCF Ratio43.83
Enterprise Value/Market Cap1.56
Enterprise Value/Revenue4.74
Enterprise Value/Gross Profit10.10
Enterprise Value/Ebitda28.52
Forecast
1Y Price Target
$43.80Price Target Upside17.28% Upside
Rating ConsensusHold
Number of Analyst Covering21
EPS Forecast (FY)1.98
Revenue Forecast (FY)$1.18B
Bulls Say, Bears Say
Bulls Say
Debt-Free Balance SheetA debt-free balance sheet materially reduces financial risk and interest burden, giving Enphase greater flexibility to fund product development, manage demand fluctuations, and pursue growth. Positive equity and ROE also indicate that the company retains financial resilience despite earnings normalizing from prior-cycle highs.
Positive Cash GenerationPositive operating and free cash flow show that Enphase continues to convert its business into internally generated funding. Although below earlier peaks, this cash generation supports investment in new energy products, reduces reliance on external capital, and strengthens the company’s ability to withstand softer demand.
Product And European ExpansionStrong European momentum and a developing product pipeline broaden Enphase’s growth opportunities beyond its pressured U.S. residential market. Higher-density, lower-cost storage and new microinverter products can improve system economics, increase customer adoption, and support future attachment of software and energy-management services.
Bears Say
Revenue And Margin NormalizationThe decline in trailing revenue and lower profitability indicate that Enphase is operating below its prior peak earnings power. If softer volumes persist, reduced operating leverage could limit margin recovery, constrain investment capacity, and make future earnings more dependent on successful product launches and market normalization.
U.S. Residential WeaknessU.S. residential weakness directly affects Enphase’s core market and can persist while financing conditions, tax-equity availability, and installation activity remain pressured. Lower demand reduces distributor and installer volumes, delays recovery in utilization, and makes the company more reliant on Europe and newer product categories.
Channel Inventory And Tariff VolatilityElevated channel inventory can postpone shipments and obscure underlying demand, while planned under-shipment indicates that normalization may weigh on near-term revenue. Tariff effects add margin volatility and could remain a structural cost risk if refunds or policy outcomes do not offset the pressure.
ENPH FAQ
What was Enphase Energy’s price range in the past 12 months?
Enphase Energy lowest stock price was $25.77 and its highest was $73.74 in the past 12 months.
What is Enphase Energy’s market cap?
Enphase Energy’s market cap is $4.05B.
When is Enphase Energy’s upcoming earnings report date?
Enphase Energy’s upcoming earnings report date is Oct 27, 2026 which is in 7 days.
How were Enphase Energy’s earnings last quarter?
Enphase Energy released its earnings results on Jul 28, 2026. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.471 by -$0.011.
Is Enphase Energy overvalued?
According to Wall Street analysts Enphase Energy’s price is currently Undervalued.
Does Enphase Energy pay dividends?
Enphase Energy does not currently pay dividends.
What is Enphase Energy’s EPS estimate?
Enphase Energy’s EPS estimate is 0.51.
How many shares outstanding does Enphase Energy have?
Enphase Energy has 132,144,650 shares outstanding.
What happened to Enphase Energy’s price movement after its last earnings report?
Enphase Energy reported an EPS of $0.46 in its last earnings report, missing expectations of $0.471. Following the earnings report the stock price went down -3.442%.
Which hedge fund is a major shareholder of Enphase Energy?
Currently, no hedge funds are holding shares in ENPH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Enphase Energy Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$43.80 (17.28% Upside)
$43.80 (17.28% Upside)
Blogger Sentiment
Bullish
ENPH Sentiment 72%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 4.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $134.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.47%
12-Months-Change
Fundamentals
Return on Equity
12.28%
Trailing 12-Months
Asset Growth
-8.16%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Enphase Energy
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
ENPH Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted meaningful progress on profitability, margin recovery, product launches (IQ9, IQ Battery G5, IQV-80, IQSST), strong European demand (+35% revenue sequential) and healthy liquidity ($937.7M cash). Management also secured significant safe‑harbor and PTC positions and advanced financing (PROPEL). Offsetting these positives were continued U.S. residential softness (U.S. revenue -3% sequential; sell-through -34% YoY), channel inventory/matching issues, tariff uncertainty and delayed monetization timing for a large portion of PWT backlog. On balance, the company demonstrated constructive operational and product momentum while acknowledging near‑term headwinds and timing risks.View all ENPH earnings summariesENPH Revenue Breakdown
70.26% U.S.
29.74% International

ENPH Stock 12 Month Forecast
Average Price Target
$43.80
▲(17.28% Upside)
Technical Analysis
Ownership Overview
3.08% Insiders
16.70% Mutual Funds
0.17% Other Institutional Investors
43.02% Public Companies and Individual Investors










