What if you invested $1,000 in Enphase Energy in 2023? (Inflation-Adjusted)

ENPH · Energy · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

Nominal returns can be misleading over long periods. $1,000 in Enphase Energy in 2023 became $288 by 2026. Over those 4 years, cumulative CPI inflation reached 5% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2023 dollars is $275, a real annualized return of -30.9%.

Nominal final value

$288

-71.2% total return

Real value (2023 dollars)

$275

-72.5% real total return

Download image

Real annualized return

-30.9%

vs. -29.9% nominal annualized

Cumulative CPI-U inflation since 2023: 5% (1 dollar in 2023 = $1.05 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Enphase Energy since 2023, values in constant 2023 dollars

YearNominal ValueReal Value (2023 $)
2023$1,000$1,000
2024$470$457
2025$281$268
2026$167$159

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2023 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.