Enphase Energy (ENPH.US) Price Target 2026/2027: 20% Upside – Rating and Stock Analysis

39,65
1,80%
Price history for Enphase Energy (ENPH.US) – stock price at 39.65 $, August 2026
Enphase Energy stock price – price development 2026. Updated Aug 6, 2026.
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Enphase Energy Price Target 2026: Analysts See 19% Upside

The average price target for Enphase Energy is $47.01. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 18,56% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Enphase Energy overvalued or undervalued?

Enphase Energy is currently undervalued with a gap of 18.6% relative to the price target.


The current price is $39.65, which places Enphase Energy in the undervalued category. The stock is considered undervalued when the price is below $42.31, and overvalued when the price exceeds $51.71.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Enphase Energy, the fair value range lies between $42.31 and $51.71.


See the full price target analysis for Enphase Energy →

Analyst Ratings for Enphase Energy stock in 2026: Hold

40 analysts cover Enphase Energy. The ratings are mixed, with 40% Buy, 47.5% Hold and 12.5% Sell. The average price target is $47.01, which gives an upside of 18.6% from the current price.

Consensus: Hold (3.45/5)
Strong Buy
11 (27.5%)
Buy
5 (12.5%)
Hold
19 (47.5%)
Sell
1 (2.5%)
Strong Sell
4 (10%)
Strong Sell Sell Hold Buy Strong Buy
3.45 out of 5 based on 40 analysts

About Enphase Energy – Solar

Enphase Energy laver og sælger løsninger til hjemmeenergi, især til solcelleindustrien. De tjener penge på at udvikle og levere teknologi, der gør solenergi mere effektiv og nem at styre. Enphase er kendt for deres mikroinvertere, som omdanner solenergi direkte ved panelet, og de kombinerer det med deres netværks- og softwareteknologi. De sælger også AC batterilagringssystemer og Envoy kommunikationsgatewayen. Kunderne får adgang til Enlighten, som er deres cloud-baserede overvågningstjeneste. Enphase Energy sælger deres produkter til distributører og store installatører i USA og internationalt. Virksomheden blev stiftet i 2006 og har hovedkvarter i Californien. Read more about the company

Key Figures for Enphase Energy

$ 5,5B Market cap
$ 1,3B Revenue
Solar Industry
39.04 P/E
4.15 P/S
4.20 P/B
USA Listed on exchange

What kind of stock is Enphase Energy?

Stable stock

Enphase Energy is classified as a stable stock.

Score Overview for Enphase Energy

💰 Value Score 35/100 (Low)
⭐ Quality Score 66/100 (High)
🚀 Momentum Score 16/100 (Very Low)
📊 Total Score 39/100

⚠️ 2 red flags identified 1 critical

Our analysis has identified 2 potential risk factors in Enphase Energy that investors should be aware of.

⚠️ High debt: The debt-to-equity ratio is 290% – the company carries considerably more debt than equity, which raises the financial risk.
🚨 High short interest: 20.9% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

Enphase Energy trades at a P/E ratio of 39.0, which is above the market average. The forward P/E is 18.9 (52% lower), which suggests the market expects rising earnings. The P/S ratio is 4.2. The P/B ratio is 4.2. The PEG ratio is 1.08.

💵 Profitability & Growth

Enphase Energy has a profit margin of 10.1% (solid) and an operating margin of 18.0%. Return on equity (ROE) is 13.0% — solid return on equity. Return on assets (ROA) is 2.4%. The latest quarterly earnings grew -3.5% year over year — falling earnings.

🏦 Financial Health

The Piotroski score is 7 out of 9 — good financial health. Altman Z2 is 3.95 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 290.1% — high debt, which raises the risk.

🚀 Momentum & Short Interest

Short interest is 20.87% — very high, the market is skeptical.

Insider Trading in Enphase Energy 2026: The Signal Is mostly positive

In 2026, insiders at Enphase Energy have made 20 transactions – split into 5 purchases and 15 sales. On a net basis, insiders took 16,495,422 $ out of the stock. Active insiders include Trivedi Shanker, Kothandaraman Badrinarayanan, Badrinarayanan Kothandaraman and others. In the short term (last 3 months), the insider signal is mostly positive.

Short-Term Signal (3 months): Mostly positive

Insiders have bought more than they have sold over the last 3 months. This suggests key people see short-term value in the stock.

Over the last 3 months: 3 purchases and 3 sales. A net 453,879 $ into the stock.

Long-Term Signal (all transactions): Mostly negative

Insiders have sold considerably more than they have bought. At large companies this can be due to planned sales (10b5-1 plans) and is not necessarily a negative signal.

Across the last 20 transactions: 5 purchases and 15 sales. A net 16,495,422 $ out of the stock.

Latest purchase: Trivedi Shanker bought 1,000 shares at 54 $ each on 2026-06-12. The stock has since fallen 27.7%.

Latest sale: MORA RICHARD sold 2,000 shares at 37 $ each on 2026-07-30.

Who is buying: Trivedi Shanker, Kothandaraman Badrinarayanan, Badrinarayanan Kothandaraman.

Who is selling: MORA RICHARD, Thurman J Rodgers, Rodgers Thurman J, Yang Mandy, Kothandaraman Badrinarayanan and others.

Latest Insider Trades in Enphase Energy (2026)

The table shows the last 20 reported insider transactions in Enphase Energy. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-07-30 MORA RICHARD Sell 2,000 37 73,520
2026-06-12 Trivedi Shanker Buy 1,000 54 53,910
2026-06-11 Trivedi Shanker Buy 4,551 55 249,986
2026-06-01 MORA RICHARD Sell 700 64 44,940
2026-05-26 Kothandaraman Badrinarayanan Buy 4,400 68 300,916
2026-05-19 MORA RICHARD Sell 700 46 32,473
2026-03-13 Thurman J Rodgers Sell 137,250 44 5,985,473
2026-03-13 Rodgers Thurman J Sell 137,250 44 5,985,473
2026-03-10 Yang Mandy Sell 1,322 44 57,626
2026-03-01 Yang Mandy Sell 1,664 42 70,337

Who is buying and selling Enphase Energy shares in 2026?

The following insiders have bought shares in Enphase Energy: Trivedi Shanker, Kothandaraman Badrinarayanan, Badrinarayanan Kothandaraman. In total, 903,817 $ was bought across 5 transactions. The following insiders have sold shares: MORA RICHARD, Thurman J Rodgers, Rodgers Thurman J, Yang Mandy, Kothandaraman Badrinarayanan and others. In total, 17,399,239 $ was sold across 15 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Enphase Energy Short Selling 2026: 20.9% Sold Short

Extremely shorted: 20.9% of the free float
Short % of free float
20.9%
Assessment
Extremely shorted
Short squeeze risk
Very High
Data source
SEC
Updated daily
The stock has an extremely high share of short selling. More than 20% of the freely traded shares are sold short, which is unusual and can point to great skepticism among institutional investors. The risk of a short squeeze on positive news is considerable.

What does this mean for you as an investor?
A short interest of 20.9% means that 20.9% of the freely traded shares in Enphase Energy have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
20.9%

When Does Enphase Energy Report Earnings?

The next earnings date for Enphase Energy is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Enphase Energy 2026 – Signal: Sell

Overall Technical Signal: Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Enphase Energy (ENPH.US) – RSI 44, MACD negative (bearish), daily candlestick chart August 2026
Enphase Energy technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Enphase Energy, Inc

Enphase Energy, Inc is in a short-term downtrend. The price of $38.95 is 3.0% below the 20-day average ($40.17). Medium term, the picture is negative: the price is 20.2% below the 50-day average ($48.83). Long term, the stock is 2.8% below the 200-day average ($40.08), which signals a long-term downtrend.

Golden Cross: The 50-day average (48.83) is above the 200-day average (40.08), which is a classic bullish signal for Enphase Energy, Inc.

Is Enphase Energy, Inc overbought or oversold?

Enphase Energy, Inc has an RSI of 44.0. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold. In the current downtrend, be careful about reading this as a buying opportunity.

MACD Analysis for Enphase Energy, Inc

Daily MACD: MACD is negative (-2.259), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-2.771) by 0.512, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is positive (0.550), which indicates a broader bullish long-term trend. MACD5 is below the signal line (2.131) by 1.581, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Daily momentum is rising, though, which could suggest the pullback is over.

Risk Profile for Enphase Energy, Inc

Enphase Energy, Inc has an annual standard deviation of 83.3%, which classifies the stock as extreme risk. Only risk-tolerant investors should consider this stock, because the price swings can be very large.

Overall Technical Conclusion for Enphase Energy, Inc

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-2.259). Weekly bullish (0.550).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 44.0 – neutral.

Technical signal: Sell

The trend is negative and MACD is below the zero line, which confirms the bearish momentum. Consider reducing the position or setting a stop-loss.

Frequently Asked Questions About Enphase Energy stock in 2026

Should you buy Enphase Energy stock now?
No, the technical signal for Enphase Energy is currently SELL. Enphase Energy trades at $39.65 as of 8/6/2026. The overall technical signal is: Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -2.259 with rising momentum (signal: -2.771); RSI is at 44.0 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average); the analyst price target of $47.01 points to 18.6% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for Enphase Energy stock?
The average analyst price target for Enphase Energy is $47.01. The current price is $39.65, which gives an upside of 18.6%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $42.31 and $51.71.
Is Enphase Energy a dividend stock?
No, Enphase Energy does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Enphase Energy stock?
Enphase Energy is rated as a stock with extreme risk. the annual standard deviation is 83.3%, which classifies the stock as extreme risk.
Is Enphase Energy overvalued?
No, Enphase Energy is considered undervalued based on the analyst price target (18.6% upside). Enphase Energy has the following valuation ratios: a P/E ratio of 39.0 (highly valued), a P/S ratio of 4.2, a P/B ratio of 4.2. The analyst price target suggests that the stock is undervalued by 18.6%.
Is Enphase Energy overbought?
No, Enphase Energy is not overbought. RSI is at 44.0 (neutral zone). The technical indicators show: RSI is at 44.0 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 1.3% below the 20-day average (short-term downtrend). In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next Enphase Energy earnings report?
The date of the next earnings report for Enphase Energy has not been published yet. Check the company's investor calendar for updates.
Is Enphase Energy shorted?
Yes, Enphase Energy is shorted with 20.9% of the free float sold short. This is an extremely high level of short selling, which points to great skepticism among institutional investors. The risk of a short squeeze on positive news or earnings is very high. Data is updated daily based on official filings with the SEC.
Are insiders buying Enphase Energy stock?
Yes, insiders are net buyers of Enphase Energy – they are buying more shares than they are selling. Over the last 3 months, insiders have made 3 purchases and 3 sales. On a net basis, 453,879 $ worth of shares were bought. Across the last 20 reported transactions, the split is 5 purchases and 15 sales, with a net 16,495,422 $ sold. Active buyers include Trivedi Shanker, Kothandaraman Badrinarayanan, Badrinarayanan Kothandaraman. Insider buying is generally seen as a positive signal, because management is putting its own money into the company.
Is Enphase Energy a good stock?
Based on our total score, Enphase Energy is rated as a poor stock with a total score of 39 out of 100. The stock scores below average on value, quality and momentum – it sits at the lower end of the market. The score is made up of Value: 35/100, Quality: 66/100, Momentum: 16/100. In addition: analysts see 18.6% upside to the price target; technical signal: Sell. Whether Enphase Energy is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Enphase Energy stock?
The outlook for Enphase Energy based on current data: the average analyst price target is $47.01 (+18.6%); the stock is in a downtrend (below SMA50 and SMA200); the P/E ratio is 39.0 (high – the market expects growth). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Enphase Energy stock moving?
Enphase Energy is stable right now. The technical indicators show: the price is close to the 20-day average; short interest is 20.9% (high – many are betting on a decline); insiders have mostly been buying the stock recently. For the latest context, see our technical analysis, insider section and news overview above.
How high can Enphase Energy go?
The average analyst price target for Enphase Energy is $47.01, which corresponds to a potential gain of 18.6% from the current price of $39.65. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Enphase Energy fall?
We lack enough history to give a specific floor for Enphase Energy. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Enphase Energy do?
Enphase Energy laver og sælger løsninger til hjemmeenergi, især til solcelleindustrien. De tjener penge på at udvikle og levere teknologi, der gør solenergi mere effektiv og nem at styre. Enphase er kendt for deres mikroinvertere, som omdanner solenergi direkte ved panelet, o... The company belongs to the Teknologi sector, more specifically the Solar industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Enphase Energy as an investment.
Did Enphase Energy raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Enphase Energy. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Enphase Energy making money or losing money?
Yes, Enphase Energy is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 10.1% — which is solid. The operating margin (profit before interest and taxes) is 18.0%. At a P/E ratio of 39.0, you currently pay 39.0 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Enphase Energy go bankrupt?
The bankruptcy risk of Enphase Energy is rated as low. Altman Z2 (a model for assessing financial distress) is 3.95 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 7 — which is strong. Debt relative to equity is 290% (high). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Enphase Energy have a lot of debt?
Yes, Enphase Energy has elevated debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 290%. For the teknologi sector, anything above 150% counts as elevated — that raises the financial risk, especially if interest rates rise or earnings fall. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Enphase Energy service its debt? Can service its debt without problems — the interest coverage ratio (how many times earnings can cover interest payments) is 21.6x, and net debt equals 0.4 years of earnings (EBITDA).