Enphase EnergyENPH -1.28%76 Market Cap is $6,222 Mil as of Jun. 26, 2026. GuruFocus rates ENPH with a GF Score™ of 76/100 and a GF Value™ of $62.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,034 Semiconductors companies, Enphase Energy ranks better than 83.66% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Enphase Energy's share price for the quarter that ended in Mar. 2026 was $37.81. Enphase Energy's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 132 Mil. Therefore, Enphase Energy's market cap for the quarter that ended in Mar. 2026 was $4,983 Mil.
Enphase Energy's quarterly market cap
declined
from Sep. 2025 ($4,631 Mil) to Dec. 2025 ($4,201 Mil) but then
increased
from Dec. 2025 ($4,201 Mil) to Mar. 2026 ($4,983 Mil).
Enphase Energy's annual market cap
declined
from Dec. 2023 ($17,934 Mil) to Dec. 2024 ($9,097 Mil) and
declined
from Dec. 2024 ($9,097 Mil) to Dec. 2025 ($4,201 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Enphase Energy's Enterprise Value for Today is $5,873 Mil.
Enphase Energy (NAS:ENPH) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Enphase Energy Market Cap Related Terms
Enphase Energy Market Cap Historical Data
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The historical data trend for Enphase Energy's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Solar subindustry, Enphase Energy's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enphase Energy Market Cap vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Enphase Energy's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Enphase Energy's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enphase Energy (ENPH) has a Market Cap of $6,222 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Enphase Energy and its competitors. According to the industry distribution chart, Enphase Energy ranks #169 out of 1034 companies in the Semiconductors industry, placing it in the top 16.3%.
Is Enphase Energy's Market Cap too high?
Enphase Energy's current Market Cap is $6,222 Mil. The Semiconductors industry median Market Cap is 548.73. Enphase Energy's value of $6,222 Mil is 1033.9% above this industry median. Based on the distribution chart, Enphase Energy ranks #169 out of 1034 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Enphase Energy has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's Market Cap compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #169 out of 1034 companies for Market Cap. This places Enphase Energy in the top 16% of its industry — outperforming the majority of peers. The industry median Market Cap is 548.73. Enphase Energy's value of $6,222 Mil is 1033.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Semiconductors company?
The median Market Cap among Semiconductors companies is 548.73, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current Market Cap of $6,222 Mil is 1033.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Enphase Energy and its competitors. For the Semiconductors industry, the median Market Cap is 548.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current Market Cap is $6,222 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enphase Energy stock overvalued right now?
Based on GuruFocus' analysis, Enphase Energy (ENPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.55, compared to a current price of $47.21 — trading 24.5% below its estimated fair value. The current Market Cap is $6,222 Mil and 1033.9% above the Semiconductors industry median of 548.73. Enphase Energy's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Enphase Energy (ENPH), the current Market Cap is $6,222 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Enphase Energy (ENPH) Overvalued in 2026?
Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued.
The current stock price of $47.21 is trading 24.5% below its estimated GF Value™ of $62.55.
GuruFocus considers Enphase Energy to be Modestly Undervalued.
Key valuation signals for ENPH:
Market Cap: $6,222 Mil
GF Value™: $62.55 vs. price of $47.21 (24.5% below fair value)
Industry Position: 1033.9% above the Semiconductors median (#169 of 1034)
No single metric tells the full story. See the ENPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.
76GF Score
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