Enlight Renewable Energy (NASDAQ:ENLT) Issues Earnings Results

Enlight Renewable Energy (NASDAQ:ENLT) issued its earnings results on Tuesday. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01, Zacks reports. The firm had revenue of $156.49 million for the quarter, compared to analysts’ expectations of $202.45 million. Enlight Renewable Energy had a return on equity of 2.67% and a net margin of 9.47%.

Here are the key takeaways from Enlight Renewable Energy’s conference call:

• We delivered a strong start to 2026 with Q1 revenues of $200M (+54% YoY) and adjusted EBITDA of $154M (+58% YoY excl. the Sunlight sell‑down), management reaffirmed FY2026 guidance and reiterated a path to a >$2.1B revenue run‑rate by end‑2028.
• The U.S. is now the largest segment (37% of revenues) after Roadrunner and Quail Ranch ramped, the U.S. portfolio reached ~20 factored GW with 60%+ of advanced projects completing system impact studies, and 15–17 GW expected to be safe‑harbored in 2026, supporting substantial near‑term buildout.
• Some CODs were pushed from late 2027 into early 2028 (notably parts of Cobar 4 & 5 and one Europe project) due to supplier changes and re‑engineering to improve returns, which reduced the 2027 factor‑GW outlook and near‑term ARR versus the prior quarter.
• Financial flexibility strengthened — the company raised roughly $740M, holds $709M cash at top‑co (plus $270M at subsidiaries), has available credit and LC/surety capacity, and secured domestic battery supply for key phases to mitigate tariff and supply‑chain risk.
• Longer‑term growth pillars include a 14 GWh European storage portfolio (4.9 GWh mature), rapid agrivoltaics expansion in Israel (~3 factored GW of land agreements), and structural global storage demand, but these are multi‑year, development‑stage opportunities.

Enlight Renewable Energy Stock Performance

Shares of Enlight Renewable Energy stock opened at $93.60 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.03. Enlight Renewable Energy has a twelve month low of $16.87 and a twelve month high of $93.85. The stock has a market cap of $11.10 billion, a price-to-earnings ratio of 217.68, a P/E/G ratio of 11.41 and a beta of 1.51. The company’s fifty day moving average is $76.05 and its 200 day moving average is $56.86.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ENLT. BNP Paribas Financial Markets grew its position in shares of Enlight Renewable Energy by 256.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,225 shares of the company’s stock valued at $28,000 after buying an additional 881 shares during the last quarter. Jane Street Group LLC raised its position in shares of Enlight Renewable Energy by 6.0% during the second quarter. Jane Street Group LLC now owns 11,366 shares of the company’s stock worth $258,000 after acquiring an additional 641 shares during the last quarter. Mackenzie Financial Corp acquired a new position in shares of Enlight Renewable Energy in the fourth quarter worth approximately $277,000. AQR Capital Management LLC acquired a new position in shares of Enlight Renewable Energy in the fourth quarter worth approximately $283,000. Finally, Mariner LLC boosted its holdings in Enlight Renewable Energy by 4.1% in the third quarter. Mariner LLC now owns 10,070 shares of the company’s stock valued at $314,000 after acquiring an additional 396 shares during the last quarter. 38.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ENLT. Deutsche Bank Aktiengesellschaft set a $65.00 price objective on shares of Enlight Renewable Energy and gave the stock a “hold” rating in a research report on Thursday, April 9th. Barclays reissued an “overweight” rating on shares of Enlight Renewable Energy in a research report on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Enlight Renewable Energy in a report on Friday, March 27th. JPMorgan Chase & Co. increased their price objective on Enlight Renewable Energy from $57.00 to $68.00 and gave the company an “underweight” rating in a report on Wednesday. Finally, Mizuho set a $37.00 price target on shares of Enlight Renewable Energy in a research note on Monday, February 23rd. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Enlight Renewable Energy currently has an average rating of “Hold” and a consensus target price of $60.17.

Enlight Renewable Energy News Summary

Here are the key news stories impacting Enlight Renewable Energy this week:

• Positive Sentiment: Q1 earnings beat — Enlight reported quarterly results that topped consensus on EPS and produced a stronger-than-expected margin outcome, which investors viewed as evidence of operational strength. Earnings Call Transcript
• Positive Sentiment: UBS raised its price target to $105 and initiated/maintained a Buy view, giving the stock a notable supportive catalyst and an upside signal for growth-focused investors. UBS Price Target Raise
• Neutral Sentiment: Broad coverage and call transcripts are circulating across outlets (Seeking Alpha, Yahoo, Zacks, MarketBeat), keeping the stock in focus for active investors and analysts. Seeking Alpha Transcript
• Negative Sentiment: FY‑2026 revenue guidance was issued materially below street expectations (guidance roughly ~$755–$785M vs. consensus near ~$2.1B), creating near‑term concern about topline momentum and prompting some profit‑taking. Q1 Press Release & Guidance
• Negative Sentiment: JPMorgan raised its target to $68 but kept an “underweight” rating, signaling that some large brokers remain cautious on valuation/longer-term growth despite the recent beat. This mixed analyst view may cap near‑term upside. JPMorgan Note
• Negative Sentiment: Balance‑sheet and valuation risks: the shares trade at a high P/E and the company has a meaningful debt load (debt/equity ~2.0), which could amplify sensitivity to weaker revenue guidance or rising rates. Market Data

About Enlight Renewable Energy

Enlight Renewable Energy Ltd. (NASDAQ:ENLT) is an independent power producer specializing in the development, financing, construction and operation of renewable energy assets. The company’s portfolio encompasses utility-scale solar photovoltaic (PV) farms, onshore wind farms and energy storage facilities. By providing end-to-end project management—from site identification and feasibility studies through engineering procurement and construction (EPC) to long-term operations and maintenance—Enlight seeks to deliver reliable clean power under long-term power purchase agreements (PPAs).

Founded in 2008 and headquartered in Tel Aviv, Enlight has pursued an international growth strategy with operational and development projects in Israel and Western Europe.