Comp stock price forecast scenario analysis ranges from $46 (bear case) to $53 (bull case) depending on execution of strategic partnerships announced in early May Enphase Energy's outlook anticipates $1.6 billion in revenue and $232.0 million in earnings by 2028. This reflects a 3.0% annual revenue growth and a $57.3 million increase in earnings from $174.7 million currently. Still, the stock is up nearly 222% since its IPO, ahead of the Nasdaq Composite's ( ^IXIC ) 22% gain and the S&P 500's ( ^GSPC ) roughly 14% rise, as investors have piled back into AI stocks due to renewed optimism over future demand for the technology after a rough first half of the year. Short-term comp stock price forecast pivots on Fed rate decisions; dovish policy announcements could extend the rally, pushing price action toward the consensus target of $