ENLT · NASDAQ · Renewable Utilities

Enlight Renewable Energy (ADR) (ENLT)

Develops and operates utility-scale solar, wind and storage projects across three geographic regions.

$72.89
vs last close−0.64 (−0.87%)
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Enlight Renewable Energy LtdENLT
Utilities

Develops, finances, builds, owns and operates utility-scale solar, wind and energy-storage projects across MENA, Europe and the United States. The full-lifecycle model combines greenfield development with independent power production, while project conversion depends on permits, interconnection, financing, construction and power-offtake arrangements.

Develops, finances, constructs, owns and operates utility-scale renewable-energy projects across solar, wind and storage. MENA, Europe and USA are the reportable segments, with Israel and Europe contributing most of current revenue while the U.S. platform expands through Clēnera.

Controls the project lifecycle from greenfield development and financing through construction and long-term operation. This full-lifecycle model combines pipeline creation with independent power production, and the Clēnera acquisition supplied an established U.S. development organization.

Operating projects sell electricity under PPAs, hedges or merchant pricing structures. Development-stage assets must secure sites, permits, interconnection, financing, construction and offtake before producing electricity sales. Capital needs, counterparty performance, regional regulation, currencies and geopolitical conditions shape execution across the three regions, while Clēnera retains a founder minority interest and future put mechanism.

Company facts

CEOAdi Leviatan
ListedFeb 10, 2023
ExchangeNASDAQ
HeadquartersRosh HaAyin, Israel
CountryIsrael
Employees406
CIK0001922641
ISINIL0007200111

Market cap$10.28B
EPS (ttm)$0.6100
P/E (ttm)120.54
ROE5.5%
P/B4.75
P/S15.19
Dividend yieldDiv yield
Beta2.07vs XLU 0.54

Price target$97.50+32.6%Average of 7 analysts
ConsensusBuy4 of 7 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 20, 2026BarclaysReiterate
Rating: Target: $83
Rating: OverweightTarget: $89
Jul 13, 2026Truist FinancialTarget
Target:
Target: $106
Jul 7, 2026UBSReiterate
Rating: Target: $65
Rating: BuyTarget: $115
Apr 9, 2026Deutsche BankTarget
Target: $38
Target: $65
Feb 23, 2026Mizuho SecuritiesTarget
Target: $27
Target: $37

Next report
Nov 11, 26
in 49 days
EPS estimate
$0.09
Revenue estimate
$622.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.04$0.75$0.01$0.16$0.10$0.08$0.20Pending
Estimate−$0.12$0.65$0.06$0.07−$0.07$0.07$0.07$0.09
Surprise+133.3%+15.4%−83.3%+128.6%+242.9%+14.3%+185.7%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$31.3M$29.3M$36.4M$138.5M$401.9M$50.0M$55.0MPending
Estimate$102.6M$120.1M$146.4M$146.2M$173.5M$594.5M$189.2M$622.1M
Surprise−69.4%−75.6%−75.2%−5.3%+131.6%−91.6%−70.9%
Estimate$0.09
ReportedDue Nov 11, 2026
Estimate$622.1M
ReportedDue Nov 11, 2026
View details

Debt to equity296.20%
Current ratio112.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$109.5M$114.2M$109.8M$388.7M$138.5M$216.8M$156.5M$165.0M
Net income$14.2M$5.2M$94.5M$1.4M$22.0M$14.2M$24.1M$29.2M
Net margin13.0%4.5%86.1%0.4%15.9%6.5%15.4%17.7%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$65.8M$40.8M$151.2M$179.1M$68.0M$51.0M$86.3M$90.5M
YoY growth−59.8%−5.0%+252.5%+413.5%+3.4%+25.1%−42.9%−49.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.17B · Total debt $6.42B · Total assets $10.46B · Shareholders' equity $2.17B

Revenue
$165.0M
Operating income
$90.5M
Net income
$29.2M
View details

No dividends on record.

Institutions≈ 31.27%43.72M ADS
185 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders1.34%1.88M ADS
19 holders · as of Sep 15, 2026
Strategic holders14.20%19.86M ADS
2 holders · as of Jul 30, 2026
Other≈ 53.19%74.35M ADS
remainder

139.81M ADS as of Aug 30, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2024 annual report; nothing newer is on file here.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Meitav Investment House LtdStrategic
8.03%11.23Mfiled Sep 29, 2025
Clal Insurance Enterprises Holdings LtdInstitution
7.98%11.16M ADSas of Jun 30, 2026
BlackRock, Inc.Strategic
6.17%8.63Mfiled Jul 30, 2026
Y.D. More Investments LtdInstitution
3.71%5.18M ADSas of Jun 30, 2026
Altshuler Shaham LtdInstitution
2.80%3.91M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 14, 2026Amit Pazofficer: CHIEF INNOVATION OFFICER−2,221$73.94
Sep 9, 2026Amit Pazofficer: CHIEF INNOVATION OFFICER−4,329$76.57
Jun 1, 2026Israeli Ayelet Cohenofficer: VP OPERATIONS−6,873$108.50
May 28, 2026Lisa Haimovitzofficer: VP, GENERAL COUNSEL−746$103.88
May 28, 2026Alla Felderdirector−2,500$102.48
View details

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