Enlight Renewable Energy Ltd.

Enlight Renewable Energy Ltd. Stock Forecast & Price Prediction

Live Enlight Renewable Energy Ltd. Stock (ENLT) Price
$14.93

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$14.93

P/E Ratio

35.00

Volume Traded Today

$9,643

Dividend

Dividends not available for ENLT

52 Week High/low

20.00/14.09

Enlight Renewable Energy Ltd. Market Cap

$1.87B

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ENLT Summary

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.

ENLT Analyst Ratings

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.

ENLT stock forecast by analyst

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

ENLT Company Information

What They Do: Operates utility-scale renewable energy projects.

Business Model: The company develops, finances, and constructs renewable energy projects, focusing on wind, solar, and energy storage. It generates revenue through the ownership and operation of these utility-scale projects across various regions, including Israel and Europe.

Other Information: Founded in 1981 and headquartered in Rosh Haayin, Israel, Enlight Renewable Energy Ltd has a broad geographic footprint and aims to capitalize on the growing demand for sustainable energy solutions.
ENLT
Enlight Renewable Energy Ltd. (ENLT)

When did it IPO

2010

Staff Count

287

Country

Israel

Sector/Industry

Utilities/Utilitiesโ€”Renewable

CEO

Mr. Gilad Yavetz

Market Cap

$1.87B

Enlight Renewable Energy Ltd. (ENLT) Financial Data

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

$18.8M

Revenue From 2021

$27.5M

45.70 %
From Previous Year

Revenue From 2022

$192.2M

599.76 %
From Previous Year

Revenue From 2023

$255.7M

33.06 %
From Previous Year
  • Revenue TTM $307.2M
  • Operating Margin TTM 41.2%
  • Gross profit TTM $139.1M
  • Return on assets TTM 1.7%
  • Return on equity TTM 5.3%
  • Profit Margin 18.6%
  • Book Value Per Share 10.03%
  • Market capitalisation $1.87B
  • Revenue for 2021 $27.5M
  • Revenue for 2022 $192.2M
  • Revenue for 2023 $255.7M
  • EPS this year (TTM) $0.45

Enlight Renewable Energy Ltd. (ENLT) Latest News

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Mon, 14 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Sun, 18 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

...

ENLT Frequently asked questions

The highest forecasted price for ENLT is $21 from Steve Fleishman at Wolfe Research.

The lowest forecasted price for ENLT is $18 from from

The ENLT analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.