From what 0 stock analysts predict, the share price for Enlight Renewable Energy Ltd. (ENLT) might increase by 32.28% in the next year. This is based on a 12-month average estimation for ENLT. Price targets go from $18 to $21. The majority of stock analysts believe ENLT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned ENLT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Enlight Renewable Energy Ltd. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ENLT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ENLT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Justin Clare Roth MKM | Buy | $20 | Reiterates | Aug 14, 2024 |
Justin Clare Roth MKM | Buy | $20 | Reiterates | May 9, 2024 |
Christine Cho Barclays | Overweight | $20 | Maintains | Apr 10, 2024 |
Mark Strouse JP Morgan | Neutral | $16 | Downgrade | Apr 8, 2024 |
Maheep Mandloi Mizuho | Neutral | $19 | Maintains | Jan 3, 2024 |
Justin Clare Roth MKM | Buy | $19 | Maintains | Nov 21, 2023 |
Maheep Mandloi Mizuho | Neutral | $17 | Initiates | Nov 21, 2023 |
Mark Strouse JP Morgan | Overweight | $19 | Maintains | Oct 19, 2023 |
Mark Strouse JP Morgan | Overweight | $22 | Maintains | Aug 10, 2023 |
Mark Strouse JP Morgan | Overweight | $22 | Maintains | Mar 16, 2023 |
Steve Fleishman Wolfe Research | Outperform | $21 | Initiates | Mar 7, 2023 |
Maheep Mandloi Credit Suisse | Outperform | $22 | Initiates | Mar 7, 2023 |
Mark Strouse JP Morgan | Overweight | $23 | Initiates | Mar 7, 2023 |
When did it IPO
2010
Staff Count
287
Country
Israel
Sector/Industry
Utilities/UtilitiesโRenewable
CEO
Mr. Gilad Yavetz
Market Cap
$1.87B
In 2023, ENLT generated $255.7M in revenue, which was a increase of 33.06% from the previous year. This can be seen as a signal that ENLT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Enlight Renewable Energy's U.S. subsidiary Clenera signed a 20-year power purchase agreement with Arizona Public Service for the 600 MW Snowflake A solar project and 1900 MWh of energy storage.
Why It Matters - The new PPA with APS secures long-term revenue for Enlight, enhancing its financial stability and growth potential, which can positively influence investor confidence and stock performance.
Summary - Enlight Renewable Energy (NASDAQ: ENLT, TASE: ENLT.TA) will release its Q3 financial results on November 13, 2024, before market open.
Why It Matters - Enlight Renewable Energy's upcoming Q3 financial results could impact stock performance, providing insights into growth, profitability, and market positioning in the renewable sector.
Summary - A cluster of 12 facilities in Israel has a solar generation capacity of 254 MW and energy storage of 594 MWh, contributing over 50% of clean electricity in the deregulated power market.
Why It Matters - The Cluster's significant solar and storage capacity positions it as a key player in Israel's deregulated power market, potentially driving growth and investment in clean energy sectors.
Summary - Enlight Renewable Energy (NASDAQ: ENLT) has commenced commercial operations at its Atrisco Solar & Energy Storage project in New Mexico, featuring 364 MW solar capacity and 1.2 GWh storage.
Why It Matters - The launch of Atrisco Solar & Energy Storage enhances Enlight's revenue potential, boosts renewable energy portfolio, and positions the company favorably in a growing market, influencing stock performance.
Summary - Enlight Renewable Energy has launched its Tapolca solar project in Hungary, featuring 60 MW capacity and a $48 million investment. This adds to Enlight's total of 144 MW in the country.
Why It Matters - Enlight's new 60 MW solar project enhances its operational capacity in Hungary to 144 MW, indicating growth potential and effective project management, which could boost investor confidence and stock value.
Summary - Enlight Renewable Energy Ltd. (NASDAQ:ENLT) will hold its Q2 2024 earnings conference call on August 7, 2024, at 8:00 AM ET, featuring key company executives and analysts.
Why It Matters - The earnings call indicates a key opportunity for insights into Enlight Renewable Energy's performance and strategies, affecting investor sentiment and potential stock valuation.