Key Takeaways:
- Enphase Energy is anticipated to report a 37.7% increase in revenue year-over-year.
- The stock has a predicted upside of 33.62% based on analysts' average price target.
- GuruFocus estimates suggest nearly a 98.73% upside potential, indicating a significant undervaluation.
Enphase Energy's Upcoming Earnings Report
Enphase Energy, Inc. (ENPH, Financial) is on the cusp of unveiling its latest earnings report, with market analysts expecting a substantial 37.7% rise in year-on-year revenue, reaching a milestone of $362.5 million for this quarter. The forecasted adjusted earnings stand at $0.72 per share. Notably, the company has shown a pattern, having missed revenue forecasts six times over the past two years.
Wall Street Analysts' Projections
Latest projections by 34 analysts provide insightful price targets for Enphase Energy Inc (ENPH, Financial). The average target price is estimated at $70.69, with the upper echelon reaching as high as $105.00 and a lower boundary of $44.00. This average target signals a potential upside of 33.62% from the current market price of $52.90. For a deeper dive into these estimates, visit the Enphase Energy Inc (ENPH) Forecast page.
Brokerage Recommendations and Insights
From a comprehensive assessment by 40 brokerage firms, Enphase Energy Inc's (ENPH, Financial) average recommendation sits at 2.8, suggesting a "Hold" status. It's worth noting that this rating is part of a scale spanning from 1 to 5, where 1 is synonymous with a Strong Buy, and 5 indicates Sell.
Evaluating GF Value and Future Potential
According to GuruFocus, the projected GF Value for Enphase Energy Inc (ENPH, Financial) in the coming year is pegged at $105.13. This forecast implies a substantial upside of 98.73% from the current trading price of $52.90. The GF Value is GuruFocus' calculated fair value of the stock, determined through historical trading multiples, past growth trajectories, and anticipated future performance of the company. For a comprehensive overview, explore the Enphase Energy Inc (ENPH) Summary page.
