Enphase Energy, Inc. (ENPH) fair value analysis
S&P 500 & Nasdaq · Updated 2026-10-19
ENPH price how computed
Forward Fair Value verdict
UndervaluedENPH is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $30.62
- Sector
- Technology
- 12-month range
- $26.12–$72.33
- Market cap
- $4.05B
- From 52-week high
- -57.7%
- Shares outstanding
- 132M
- Rank in Technology by discount to fair value
- #13 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Enphase Energy, Inc. designs and manufactures microinverter systems and battery storage products for residential and commercial solar installations. The company operates globally with a significant presence in North America, Europe, and Asia-Pacific regions.
ENPH currently ranks #13 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $4.05B
- P/E (trailing)
- 14x
- Revenue (TTM)
- $1.33B
- Net margin
- 10.1%
- EPS (TTM)
- $2.22
- Gross margin
- 60.0%
- Debt / equity
- 0.52
- Revenue growth (3-yr avg)
- -15.7%
- Shares outstanding
- 132M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Contracting
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 34 · neutral
- 50-day average
- $35.76
- 200-day average
- $41.20
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-10-27 (post-market)
- Last 8 quarters vs consensus
- 5 beat, 3 missed
- Quarter by quarter
- 2026-06 ▼ miss (-12.5%)
2026-03 ▲ beat (+4.4%)
2025-12 ▲ beat (+22.4%)
2025-09 ▲ beat (+36.4%)
2025-06 ▲ beat (+11.3%)
2025-03 ▼ miss (-5.6%)
2024-12 ▲ beat (+25.3%)
2024-09 ▼ miss (-16.7%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 13 buy · 15 hold · 2 sell (30 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $50.8
- Target vs last price
- +65.9%
What our data shows for ENPH
- Our model validated 17 trailing price-to-earnings windows for ENPH, built from quarterly earnings records.
- Shares are trading in the lower third of their 12-month price range of $26.12–$72.33.
- The 14-day relative strength index sits at a neutral 34.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for ENPH
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent ENPH news
TickrTrends' derived news-sentiment signal for ENPH is currently leaning positive, computed from recent coverage.
- ENPH Maintained by BMO Capital -- Price Target Lowered to $28.00 (gurufocus.com, 2026-10-21)
TickrTrends take: BMO Capital's price target reduction to $28 comes amid ongoing analyst attention to Enphase Energy's valuation positioning, which TickrTrends currently assesses as undervalued within the Technology sector. Investors focused on valuation metrics should monitor whether the maintained rating reflects confidence in the company's fundamentals despite the lower target, or signals analyst concerns about near-term pricing pressure. The divergence between a maintained rating and a lowered target may warrant tracking how the market reconciles these signals against TickrTrends' undervaluation assessment. - A Look at Enphase Energy Inc (ENPH) After 5.2% Gain -- GF Value $52.32 vs Price $32.23 (gurufocus.com, 2026-10-21)
TickrTrends take: Enphase Energy Inc trades at a significant discount to its GF Value estimate, with the stock price substantially below the calculated fair value target. TickrTrends currently rates the stock as undervalued within the Technology sector, suggesting potential upside for investors focused on valuation metrics. The gap between current trading levels and the valuation benchmark indicates the market may not be fully pricing in the company's fundamental value at this time. - ENPH Maintained by JP Morgan -- Price Target Lowered to $35.00 (gurufocus.com, 2026-10-19)
TickrTrends take: JP Morgan's maintenance of coverage on ENPH while lowering the price target to $35 reflects analyst recalibration that may warrant attention given TickrTrends' current undervalued assessment of the company. For valuation-focused investors, the divergence between the new price target and TickrTrends' undervalued verdict suggests monitoring how the company's fundamentals and market conditions evolve, as such analyst adjustments can signal shifting risk-reward dynamics in the Technology sector. The maintained coverage indicates JP Morgan continues to see merit in following the company despite the target reduction.
More ENPH news
- ENPH Maintains by Morgan Stanley -- Price Target Lowered to $24.00 (gurufocus.com, 2026-10-14)
- Investors Heavily Search Enphase Energy, Inc. (ENPH): Here is What You Need to Know (zacks.com, 2026-10-13)
- Enphase Energy Begins Shipments of IQ Gateway Fusion in India, Powering Homes with Solar Even During Power Cuts (manilatimes.net, 2026-10-08)
- Here is What to Know Beyond Why Enphase Energy, Inc. (ENPH) is a Trending Stock (zacks.com, 2026-10-02)
What people are saying
Follow the ENPH conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — ENPH has moved up in the sector discount ranking, advancing from position #33 to position #28 among Technology sector companies based on TickrTrends' derived indicators this week. The stock remains classified as undervalued according to current valuation metrics.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — ENPH's relative strength index moved from oversold territory into neutral range this week, suggesting reduced downward momentum in the Technology sector stock. With a current valuation verdict of Undervalued, the indicator shift reflects a technical rebalancing as the stock stabilizes from its previous weakness.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — ENPH's technical positioning shifted this week as the RSI moved into oversold territory from neutral, while the DCF cross-check band no longer registers an overvalued signal. The company's sector discount ranking improved to number 32 from number 38, indicating strengthened relative valuation standing among Technology peers. Current analysis maintains an undervalued verdict for the stock.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is ENPH stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), ENPH is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is ENPH's TickrTrends verdict?
ENPH's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does ENPH compare to other Technology stocks?
ENPH ranks #13 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is ENPH overbought or oversold?
ENPH's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does ENPH report earnings next?
ENPH's next earnings report is scheduled for 2026-10-27 (post-market), per the published earnings calendar.
Does ENPH usually beat earnings estimates?
Over its last 8 reported quarters ENPH beat the consensus estimate 5 times and missed 3 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ENPH?
Of 30 analysts covering ENPH, 13 rate it a buy, 15 a hold and 2 a sell - hold-leaning, with a consensus price target of $50.8 (+65.9% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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