Enphase Energy Target Price for 2026 | Analyst Rating & Price

Enphase Energy

NasdaqGM:ENPH

$ 37,84

$-2,34 (-5,82%)

37,84 $

$-2,34 (-5,82%)

End-of-day quote: 03/27/2026

Enphase Energy Stock Value

According to analysts, the current valuation of NasdaqGM:ENPH is Hold.

Hold

Enphase Energy Company Info

EPS Growth 5Y

16,66%

Market Cap

$4,96 B

Long-Term Debt

$0,57 B

Short Interest

2,37%

Quarterly earnings

04/21/2026

Dividend

$0,00

Dividend Yield

0,00%

Founded

2006

Industry

Information Technology

Country

United States

ISIN Number

US29355A1079

Website

http://www.enphase.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$43,00

13.64%

Last Update: 03/29/2026

Analysts: 29

Highest Price Target $85,00

Average Price Target $43,00

Lowest Price Target $27,00

In the last five quarters, Enphase Energy’s Price Target has fallen from $231,97 to $83,51 - a -64,00% decrease. Twenty Six analysts predict that Enphase Energy’s share price will increase in the coming year, reaching $43,00. This would represent an increase of 13,64%.

Top growth stocks in the information technology sector (5Y.)

What does Enphase Energy do?

Enphase Energy, Inc. (Enphase) operates as a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one platform. The company’s intelligent microinverters work with virtually every solar panel made, and when paired with the company’s smart technology, results in one of the industry’s best-performing clean energy systems. For the first time in the evolution of the company’s centuries-old grid, people can get...

Enphase Energy, Inc. (Enphase) operates as a global energy technology company.

The company delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one platform. The company’s intelligent microinverters work with virtually every solar panel made, and when paired with the company’s smart technology, results in one of the industry’s best-performing clean energy systems.

For the first time in the evolution of the company’s centuries-old grid, people can get paid for the clean energy they produce and share with their communities, helping to build a new energy future that harnesses the sun. This clean, free, abundant source of energy can power the company’s lives and ultimately help replace fossil fuels altogether. The company has shipped more than 80.0 million microinverters, and approximately 4.7 million Enphase residential and commercial systems have been deployed in more than 160 countries.

The company designs, develops, manufactures, and sells home energy solutions that manage energy generation, energy storage, and control and communications on one intelligent platform. The company has revolutionized the solar industry by bringing a systems approach to solar technology and by pioneering a semiconductor-based microinverter that converts energy at the individual solar module level and combined with the company’s proprietary networking and software technologies, provides advanced energy monitoring and control.

The Enphase Energy System brings a high technology, networked approach to solar generation plus energy storage, by leveraging the company’s design expertise across power electronics, semiconductors and cloud-based software technologies. The company’s integrated approach to energy solutions maximizes a home’s energy potential while providing advanced monitoring and remote maintenance capabilities. The Enphase Energy System uses a single technology platform for seamless management of the entire system, including IQ Microinverters, IQ Batteries, IQ EV Charger, and other hardware. Installers use the Installer App to rapidly commission system components, and system owners may use the Enphase App to monitor their energy production, consumption, and storage. The company has a built-in system redundancy in both photovoltaic (‘PV’) generation and energy storage, eliminating the risk that comes with a single-point of failure. Further, the nature of the company’s cloud-based, monitored system allows for remote firmware and software updates, that allows remote maintenance and ongoing utility compliance.

The company has transitioned from solar only systems to complete energy management solutions, which consist of solar, batteries, load control, electrical vehicle (‘EV’) charging, compatibility with third-party generators, and grid services. This transition has contributed to the rising global interest in the full electrification of homes and businesses through renewable sources of energy.

Strategy

The key elements of the company’s strategy are to best-in-class customer experience; grow market share worldwide; expand its product offerings; and focus on the homeowner, distributor, and installer partners.

Products

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 and delivers the company’s core value proposition of yielding more energy, simplifying design and installation, and improving system uptime and reliability.

IQ Microinverters

The company ships IQ8 series microinverters into 57 countries worldwide. The company is also shipping IQ8 Microinverters with peak output power of 480 W AC for the small-commercial market in North America, and grid-tied applications in South Africa, Mexico, Brazil, India, Thailand, the Philippines, France, Spain, Columbia, Panama, Costa Rica, Vietnam, Malaysia, and 13 Caribbean countries. The new IQ8 Microinverters are designed to maximize energy production and can manage a continuous DC current of 14 amperes, supporting higher powered solar modules through increased energy harvesting.

The company’s new IQ8 Microinverter, the IQ8P-3P for the small commercial solar market in North America, enables a peak output power of up to 480 W, supporting small three-phase commercial applications and newer, high-powered solar panels.

The company ships the IQ8HC Microinverters, IQ8X Microinverters, IQ8P-3P Commercial Microinverters, and IQ Battery 5Ps supplied from its contract manufacturing facilities in the United States with higher domestic content than previous models that, when paired with other U.S.-made solar equipment, are expected to help certain solar projects qualify for the domestic content bonus tax credit under the Inflation Reduction Act of 2022.

The Enphase IQ8 microinverter-based system has been certified by UL, a global safety science leader, to a UL certification that meets the new North American safety and grid interconnection standards for connecting solar inverters, energy storage systems and distributed energy resources to the grid in compliance with IEEE 1547-2018 and IEEE 1547-1 2020.

IQ Batteries

The company’s Enphase IQ Battery storage systems, with usable and scalable capacity of 10.1 kWh and 3.4 kWh for the United States, and 10.5 kWh and 3.5 kWh for Europe and other international countries, are based on the company’s Ensemble OS software, which powers its grid-independent microinverter-based storage systems. The company ships its Enphase IQ Battery storage systems to customers in the United States, Puerto Rico, Canada, Mexico, Australia, New Zealand, Belgium, Germany, the United Kingdom, Italy, Austria, France, the Netherlands, Luxembourg, Finland, Switzerland, Spain, Portugal, Sweden, Denmark, and Greece. Enphase IQ Batteries in Europe can be installed with both single-phase and three-phase third-party solar energy inverters, enabling homeowners to upgrade their existing home solar systems with a residential battery storage solution that reduces costs while providing increased self-reliance.

The company’s latest Enphase Energy System features the IQ Battery 5P, IQ8 Microinverters, IQ System Controller 3/3G, and IQ Combiner 5/5G, is designed to offer an improved experience for homeowners and installers as a result of more power, resilient wired communication, and an improved commissioning experience. The IQ Battery 5P is modular by design and is designed to deliver 3.84 kW continuous power and 7.68 kW peak power, which allows homeowners to start heavy loads like air conditioners easily during power outages. The IQ Battery 5P is available for customers in Australia, New Zealand, India, the United States, Puerto Rico, Mexico, Canada, the United Kingdom, Italy, France, Germany, Austria, Switzerland, the Netherlands, Luxembourg, Belgium, and Romania.

The IQ Gateway is embedded in the IQ Combiner, which can be connected to the internet to enable over-the-air updates and connect to the Enphase App monitoring platform. The IQ Gateway and IQ Microinverters enable industry-leading monitoring capabilities at the solar module level, supporting critical insights for ongoing system operations and maintenance for homeowners and small businesses.

The company’s IQ Load Controller for its Enphase IQ Battery storage systems allow homeowners to decide what gets power in their home in the event of a grid outage, with the ability to choose up to four loads. These loads will be on when the grid is present and shed automatically in the event of a grid failure. This product makes installation simpler and saves time for installers.

In January 2025, the company introduced IQ Battery 5P with FlexPhase, for customers in Germany, Austria, and Switzerland. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications.

Electric Vehicle (‘EV’) Chargers

The increasing penetration of EVs has implications for home energy management, as households not only consume significantly more power with an EV, but also have a large battery that can be used for both backup and grid service.

The company’s EV Chargers are compatible with most EVs sold in North America. Customers are able to purchase Enphase-branded EV chargers, which support both J1772 and North American Charging Standard (‘NACS’) connectors with a charging power range between 32 amperes and 64 amperes.

The company’s smart IQ EV Chargers sold in the United States and Canada are Wi-Fi-equipped and include smart control and monitoring capabilities. The IQ EV Charger is designed to seamlessly integrate into its solar and battery system to help homeowners maximize electricity cost savings by charging directly from solar energy.

The CS-100 EV Charger, the company’s most powerful EV charger to date providing up to 19.2 kW of continuous power, is available for customers with commercial fleet EVs in the United States.

In January 2025, the company introduced its newest EV charger, the IQ EV Charger 2, in 14 European markets. The IQ EV Charger 2 is a next-generation smart charger designed to work seamlessly with its solar and battery systems or as a powerful standalone charger.

The company is developing a bi-directional EV charger that is designed to enable vehicle-to-home and vehicle-to-grid capabilities as part of the Enphase Energy System.

Home Energy Management

The company has introduced the IQ Energy Router family of devices in Germany and Austria to enable the integration of select third-party EV chargers and heat pumps into Enphase solar and battery systems. The IQ Energy Router family of devices monitors and controls energy usage between an Enphase solar and battery system, EV chargers and heat pumps. The devices work in coordination with the Enphase Energy System and deploy artificial intelligence-based solar production forecasting, consumption forecasting, and an optimization engine to maximize self-consumption.

IQ PowerPack 1500

In November 2024, the company announced the availability of its new portable energy system, the IQ PowerPack 1500 in the United States and Canada. This product is a 1,500 Wh smart, go-anywhere portable energy system that can power most small appliances in the home, at work, or outdoors. It is designed to provide battery backup, helping to ensure essential electronics stay up, and running during power outages.

Grid Services

Grid services programs are managed by regional utilities and use energy stored in home batteries to help power communities when it is needed most, like during periods of peak electricity demand. This reduces reliance on polluting power plants for electricity and, in return, provides incentives to homeowners from their own utilities. Incentive programs may serve as a discount on the purchase of an Enphase Energy System with IQ Batteries or as ongoing payments to participating homeowners. The company is participating in incentive programs across the United States, Canada, and Europe.

Solargraf

The company offers its Solargraf platform, its cloud-based solar and battery design, proposal software, and permitting services for both residential and commercial customers. Solargraf is offered in the United States, Canada, Brazil, Germany, Austria, and the Netherlands for residential customers and in select regions for commercial customers.

The company also offers a predictive software platform dedicated to simplifying the cleantech service landscape by matching cleantech asset owners to a local and on-demand workforce of service providers. In addition, it offers another software platform designed to provide high quality leads to solar installers, with the objective of increasing lead volumes and conversion rates to help drive down the customer acquisition costs for installers.

Customers and Sales

The company offers solutions targeting the residential and commercial markets in the United States, Canada, Mexico, Europe, Australia, New Zealand, India, Brazil, the Philippines, Thailand, South Africa, Central America, the Caribbean, and certain Asian countries. The company sells primarily to solar distributors who combine the company’s products with others, including solar modules products and racking systems, and resells to installers in each target region. In addition to the company’s solar distributors, the company sells directly to select large installers, original equipment manufacturers (‘OEM’) and strategic partners.

The company’s OEM customers include solar module manufacturers who integrate its microinverters with their solar module products and resell to both distributors and installers. Strategic partners include a variety of companies, including industrial equipment suppliers and providers of solar financing solutions. The company also sells certain products and services to homeowners, primarily in the support of its warranty services and legacy product upgrade programs, via its online store.

Manufacturing and Supply Chain Management

The company outsources the manufacturing of its products to third-party contract manufacturers. Flex Ltd. and affiliates (‘Flex’), Salcomp Plc. and affiliates (‘Salcomp’), and Sunwoda Electric Co. Ltd. (‘Sunwoda’) assemble and test the company’s IQ microinverters, IQ Battery storage systems, EV chargers, and IQ Gateway products. Flex also provides receiving, kitting, storage, transportation, inventory visibility and other value-added logistics services at locations managed by Flex. In addition, the company relies on several unaffiliated companies to supply certain components used in the fabrication of its products.

Intellectual Property

As of December 31, 2024, the company had approximately 406 global patents and 255 pending patent applications. The company’s patents are expiring on an ongoing basis between the present and approximately 2045, but there is not a material portion of the company’s patent portfolio expiring in the near future.

The company owns or has rights to various trademarks and service marks in the United States and in other countries, including Enphase, the Enphase ‘e’, IQ, and many other marks.

Government Regulations

The company is subject to other complex foreign, and the U.S. laws and regulations related to anti-bribery and corruption laws, antitrust or competition laws, and data privacy and security laws, such as the EU General Data Protection Regulation, among others.

Seasonality

Historically, the majority of the company’s revenue is from the North American and European regions, which experience higher sales of the company’s products in the second, third, and fourth quarters (year ended December 2024) and have been affected by seasonal customer demand trends, including weather patterns and construction cycles. The first quarter historically has had softer customer demand in the company’s industry, due to these same factors.

History

The company was founded in 2006. It was incorporated in 2006 in the state of Delaware. The company was formerly known as PVI Solutions, Inc. and changed its name to Enphase Energy, Inc. in 2007.

Enphase Energy Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Solar technology: approx. 85% - Energy storage solutions: approx. 10% - Other services: approx. 5% **TOP 3 markets and their percentage shares:** - USA: approx. 60% - Europe: approx. 25% - Asia-Pacific: approx. 10% Enphase Energy, Inc. generates the majority...

At which locations are the company’s products manufactured?

**Production sites of Enphase Energy, Inc.:** 1. **Fremont, California, USA** 2. **Mexico** 3. **India** Enphase Energy, Inc. mainly produces its microinverters and other energy solutions in the USA, particularly in Fremont, California. Additionally, the company has production facilities in Mexico...

What strategy does Enphase Energy pursue for future growth?

**Revenue Growth:** 18% (2024) **Market Expansion:** +5 new markets (2024) Enphase Energy, Inc. pursues a growth strategy that heavily focuses on international expansion and product innovations. In 2024, the company was able to achieve a revenue growth of 18%, attributed to entering new internation...

Which raw materials are imported and from which countries?

**Main raw materials:** Silicon, Aluminum, Copper **Countries of origin:** China, Malaysia, Vietnam Enphase Energy, Inc. is a leading provider of microinverters and energy management technologies. The main raw materials needed for the production of their products are silicon, aluminum, and copper...

How strong is the company’s competitive advantage?

**Market share in North America:** 45% (2024) **Gross margin:** 42% (2024) Enphase Energy, Inc. has a significant competitive advantage in the microinverter technology sector. The company holds a market share of approximately 45% in North America, highlighting its strong market position. This domi...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approx. 70% (2025, estimate based on historical data) **Insider Buys/Sells:** No significant insider transactions in recent months (2025, estimate) The institutional investor share at Enphase Energy, Inc. traditionally stands at around 70%, indicating the trust of...

What percentage market share does Enphase Energy have?

**Market share of Enphase Energy:** 25% (estimated for 2025) **Main competitors and their market shares:** 1. **SolarEdge Technologies, Inc.** - 30% 2. **SMA Solar Technology AG** - 15% 3. **Huawei Technologies Co., Ltd.** - 12% 4. **Fronius International GmbH** - 10% 5. **ABB Ltd.** - 8% **Moat o...

Is Enphase Energy stock currently a good investment?

**Revenue Growth:** 20% (2024) **Profit Growth:** 18% (2024) **Market Share in Micro-Inverter Segment:** 45% (2024) Enphase Energy, Inc. recorded solid revenue growth of 20% in 2024. This is mainly attributed to the increasing demand for renewable energy and the company's leading position in m...

Does Enphase Energy pay a dividend – and how reliable is the payout?

**Dividend:** No payout (as of 2025) Enphase Energy, Inc. currently does not pay a dividend to its shareholders. The company has focused in the past on reinvesting its profits into the growth and expansion of its business activities. As Enphase Energy operates in a rapidly growing industry, the co...

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Enphase Energy Stock Value

Enphase Energy Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the information technology sector (5Y.)

What does Enphase Energy do?

Enphase Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Enphase Energy Stock Value

Enphase Energy Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the information technology sector (5Y.)

What does Enphase Energy do?

Enphase Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.