Key facts, as of
As of November 9, 2026, Enphase Energy (ENPH) trades at $29.08, down 3.8% over the past year. Its 52-week range runs from $23.83 to $73.74; the price is 60.6% below that high. It is 91.4% below its all-time high of $339.92, reached in December 2022. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +2465.0%, against +316.3% for the S&P 500 (SPY). It sits 28.6% below its 200-day average of $40.71, and its 50-day average is below the 200-day too: a downtrend on both averages. Its 30-day volatility is 90.3% annualized, which we rate very high risk. It has a trailing P/E of 43.4.
Cite: Portfolio Terminal, "Enphase Energy (ENPH) stock analysis", 2026-11-09. https://portfolio-terminal.com/analyse/enph
Where it trades today
trading 11% of the way up its 52-week range
How the price has moved
How far it is from its record
Enphase Energy (ENPH) is 91.4% below its all-time high of $339.92, reached in December 2022. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +2465.0%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- ENPH closes below its 50-day average ($32.59), and the 50-day sits below the 200-day ($40.71): on both averages the chart reads as a downtrend.
- At $29.08, ENPH is 60.6% below its 1-year high of $73.74, set on May 29, 2026, and 22.0% above its 1-year low of $23.83 (October 28, 2026).
- Over the past month ENPH fell 11.4%, from $32.81 to $29.08.
- ENPH trades at 43.4x its last twelve months of earnings and 20.3x the next twelve months' estimate, so analysts expect earnings 113.9% higher.
- ENPH's 30-day volatility, 90.3% a year, works out to a typical daily move of about 5.7%.
- Yahoo Finance puts its beta at 1.45: over five years of monthly returns, ENPH moved about 1.45% for each 1% move of the S&P 500.
What would change the read
- A close above the 50-day average, $32.59 (+12.1%), would turn the read to a rebound; an uptrend also needs the 50-day to climb 24.9% to cross the 200-day at $40.71.
- A close above $73.74 (+153.6%) would be a new 1-year high; below $23.83 (−18.1%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for ENPH, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for ENPH by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
What Enphase Energy does
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 that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ PowerPack 1500 and related accessories; IQ Combiner, IQ Gateway, and IQ Energy Router; cloud-based monitoring service; and electric vehicle charging solutions, as well as…
What analysts expect
ENPH carries a buy consensus from 25 analysts, with an average price target of $40.58 versus $29.08 today (+39.5%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
ENPH generated $1.21B in trailing revenue (-28.5% year over year), with a 7.5% net margin, and $103.14M of free cash flow, supported by $317.29M of net cash.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $1.47B | $687.00M | $164.66M | $172.13M | $1.31 | $95.90M |
| 2024 | $1.33B | $629.14M | $90.45M | $102.66M | $0.76 | $480.09M |
| 2023 | $2.29B | $1.06B | $461.43M | $438.94M | $3.22 | $586.38M |
| 2022 | $2.33B | $974.60M | $450.64M | $397.36M | $2.94 | $698.37M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
ENPH is in 6 of the 54 ETFs we track. It weighs most in IJR: 0.24% of the fund, holding #124 of 604.
What the chart is saying
In a downtrend, below both moving averages.
downtrend- Price is 10.8% below its 50-day average and 28.6% below its 200-day.
- The 50-day crossed below the 200-day on 2026-09-03 (a “death cross”).
- RSI at 46 is neither stretched nor washed out.
- The nearest ceiling is $29.98 (+3.1%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
How is ENPH valued right now?
Enphase Energy trades at 43.4 times its last twelve months of earnings and 20.3 times the next twelve months' estimate (Yahoo Finance, November 9, 2026). On the chart: in a downtrend, below both moving averages. Price is 10.8% below its 50-day average and 28.6% below its 200-day.
What is the risk level of ENPH?
Based on 30-day volatility of 90.3%, ENPH has VERY HIGH risk. Its beta of 1.45 means it has swung more than the S&P 500 over the last five years.
Does ENPH pay dividends?
Yahoo Finance shows no dividend yield for Enphase Energy (November 9, 2026).
How far is ENPH from its all-time high?
Enphase Energy is 91.4% below its all-time high of $339.92, reached in December 2022. Over the 10 years to the end of October 2026, with dividends reinvested, it returned +2465.0%, against +316.3% for the S&P 500 (SPY).
Which ETFs hold ENPH?
6 of the 54 popular ETFs we track hold Enphase Energy. The largest weights: IJR (0.24%), VB (0.05%), VGT (0.05%), VTI (<0.01%) and ITOT (<0.01%). Measured on each issuer's full holdings file, dated September 30 to October 16, 2026.
What is the analyst price target for ENPH?
The average analyst price target for Enphase Energy (ENPH) is $40.58 based on 25 analyst estimates, about 39.5% above the current price of $29.08. The published range runs from $16.00 to $212.00.
How much revenue does ENPH generate?
Enphase Energy reported $1.21B in trailing twelve-month revenue. Revenue growth is running at -28.5% year over year. Net margin sits at 7.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare ENPH with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.
