Roth Capital Issues Pessimistic Forecast for ENLT Earnings

Enlight Renewable Energy Ltd. (NASDAQ:ENLT) – Investment analysts at Roth Capital lowered their Q3 2025 EPS estimates for shares of Enlight Renewable Energy in a research note issued on Wednesday, August 20th. Roth Capital analyst J. Clare now forecasts that the company will earn $0.09 per share for the quarter, down from their prior forecast of $0.10. Roth Capital has a “Buy” rating and a $28.00 price objective on the stock. The consensus estimate for Enlight Renewable Energy’s current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Enlight Renewable Energy’s FY2025 earnings at $0.87 EPS.

Enlight Renewable Energy (NASDAQ:ENLT) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.05). Enlight Renewable Energy had a return on equity of 7.48% and a net margin of 23.58%.The company had revenue of $36.37 million for the quarter, compared to the consensus estimate of $424.05 million.

A number of other research analysts have also commented on the company. JPMorgan Chase & Co. upped their target price on Enlight Renewable Energy from $18.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, July 22nd. Mizuho set a $21.00 price target on shares of Enlight Renewable Energy and gave the company an “underperform” rating in a report on Monday, July 14th. Barclays lifted their target price on shares of Enlight Renewable Energy from $21.00 to $26.00 and gave the company an “overweight” rating in a research report on Thursday, August 7th. Finally, Wall Street Zen cut shares of Enlight Renewable Energy from a “hold” rating to a “strong sell” rating in a research note on Sunday, August 10th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $24.40.

Enlight Renewable Energy Trading Down 0.9%

Shares of ENLT stock opened at $26.66 on Thursday. Enlight Renewable Energy has a 12 month low of $14.01 and a 12 month high of $27.60. The stock has a 50 day moving average of $24.12 and a two-hundred day moving average of $19.48. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 2.10.

Institutional Trading of Enlight Renewable Energy

Several hedge funds have recently modified their holdings of ENLT. Legal & General Group Plc grew its position in Enlight Renewable Energy by 259.0% during the 2nd quarter. Legal & General Group Plc now owns 1,867,785 shares of the company’s stock worth $42,377,000 after acquiring an additional 1,347,458 shares during the last quarter. Y.D. More Investments Ltd raised its position in Enlight Renewable Energy by 18.0% in the 1st quarter. Y.D. More Investments Ltd now owns 3,621,516 shares of the company’s stock valued at $57,870,000 after purchasing an additional 553,337 shares during the last quarter. Norges Bank acquired a new position in Enlight Renewable Energy in the second quarter worth $3,608,000. Canada Pension Plan Investment Board boosted its stake in Enlight Renewable Energy by 131.6% in the first quarter. Canada Pension Plan Investment Board now owns 255,136 shares of the company’s stock worth $4,064,000 after purchasing an additional 144,980 shares in the last quarter. Finally, Phoenix Financial Ltd. grew its holdings in shares of Enlight Renewable Energy by 10.3% during the second quarter. Phoenix Financial Ltd. now owns 1,383,986 shares of the company’s stock worth $31,685,000 after purchasing an additional 129,491 shares during the last quarter. Institutional investors and hedge funds own 38.89% of the company’s stock.

About Enlight Renewable Energy

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects.