Enlight Renewable Energy (NASDAQ:ENLT) Given New $68.00 Price Target at JPMorgan Chase & Co.

Enlight Renewable Energy (NASDAQ:ENLT) had its price objective upped by investment analysts at JPMorgan Chase & Co. from $57.00 to $68.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 27.35% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. UBS Group lifted their price objective on shares of Enlight Renewable Energy to $65.00 and gave the company a “buy” rating in a report on Friday, January 16th. Mizuho set a $37.00 price objective on shares of Enlight Renewable Energy in a report on Monday, February 23rd. Barclays reiterated an “overweight” rating on shares of Enlight Renewable Energy in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft set a $65.00 price target on shares of Enlight Renewable Energy and gave the stock a “hold” rating in a report on Thursday, April 9th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Enlight Renewable Energy in a report on Friday, March 27th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $53.50.

Enlight Renewable Energy Trading Up 3.2%

ENLT stock traded up $2.90 during trading on Wednesday, reaching $93.60. 168,701 shares of the stock were exchanged, compared to its average volume of 148,411. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.03. The business has a 50 day moving average price of $75.62 and a 200-day moving average price of $56.45. Enlight Renewable Energy has a 1 year low of $16.87 and a 1 year high of $93.85. The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 91.77, a P/E/G ratio of 11.17 and a beta of 1.51.

Enlight Renewable Energy (NASDAQ:ENLT) last released its quarterly earnings results on Tuesday, March 31st. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $156.49 million for the quarter. Enlight Renewable Energy had a net margin of 22.69% and a return on equity of 7.35%. On average, research analysts predict that Enlight Renewable Energy will post 0.46 earnings per share for the current year.

Hedge Funds Weigh In On Enlight Renewable Energy

A number of large investors have recently bought and sold shares of the company. Bleakley Financial Group LLC purchased a new position in Enlight Renewable Energy during the 1st quarter worth $2,397,000. Counterpoint Mutual Funds LLC purchased a new position in Enlight Renewable Energy during the 1st quarter worth $533,000. USS Investment Management Ltd raised its position in Enlight Renewable Energy by 3.5% during the 1st quarter. USS Investment Management Ltd now owns 88,084 shares of the company’s stock worth $6,013,000 after buying an additional 2,981 shares during the last quarter. Pictet Asset Management Holding SA raised its position in Enlight Renewable Energy by 3.2% during the 1st quarter. Pictet Asset Management Holding SA now owns 126,798 shares of the company’s stock worth $8,405,000 after buying an additional 3,970 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Enlight Renewable Energy by 121.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 505,792 shares of the company’s stock worth $33,527,000 after buying an additional 277,179 shares during the last quarter. Hedge funds and other institutional investors own 38.89% of the company’s stock.

Trending Headlines about Enlight Renewable Energy

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

• Positive Sentiment: Q1 EPS beat consensus — Management reported Q1 EPS materially above analyst expectations (company figures reported in the $0.16–$0.18 range vs. ~ $0.07 consensus), which is the main catalyst cited for the stock’s upward move. Earnings Call Transcript
• Positive Sentiment: Market reaction — Coverage notes that shares rose on the strong EPS beat, reflecting investor focus on profitability improvement despite other concerns. Shares Rise Article
• Neutral Sentiment: Company disclosure and documentation — The firm posted its Q1 2026 press release, slide deck and hosted an earnings call; full transcripts and the slide deck are available for investors who want detail on segment results and project-level metrics. Press Release
• Neutral Sentiment: Transcripts posted — Multiple outlets published the earnings call transcript, useful for parsing management’s comments on project deliveries, tariffs, and contract timing. Seeking Alpha Transcript
• Negative Sentiment: Revenue miss and weak FY2026 guidance — Q1 revenue (~$156.5M) missed consensus (~$202M), and the company issued FY2026 revenue guidance (reported as roughly $755–$785M) well below recent street estimates (reported near ~$2.1B), signaling slower near-term top-line growth and raising questions about backlog/timing assumptions. Earnings Summary & Guidance

Enlight Renewable Energy Company Profile

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.