ENCE Energía y Celulosa Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, ENCE Energía y Celulosa stock has a consensus rating of "Buy" and an average price target of €3.40. The average 1-year stock price forecast is 36.00% higher than the current stock price, while the lowest is €2.70 (+8.00%) and the highest is €4.20 (+68.00%).

Price Target: €3.40 (+36.00%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	€2.70	€3.40	€3.50	€4.20
Change	+8.00%	+36.00%	+40.00%	+68.00%

Analyst Ratings

The average analyst rating for ENCE Energía y Celulosa stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Feb '26	Apr '26	May '26	Jun '26
Strong Buy	4	5	4	4	3	4
Buy	1	1	1	1	1	1
Hold	2	2	3	4	5	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	0	0	0
Total	8	9	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Manuel Lorente Banco Santander No rating	Banco Santander	Hold Downgrades €2.87	Hold	Downgrades	€2.87	+14.80%	May 26, 2026
Luis De Toledo Oddo BHF	Oddo BHF	Hold Upgrades €2.70	Hold	Upgrades	€2.70	+8.00%	Apr 20, 2026

Financial Forecast

Revenue This Year

832.33M

from 759.13M

9.64%

from 759.13M

Revenue Next Year

866.88M

from 832.33M

4.15%

from 832.33M

EPS This Year

-0.11

from -0.13

EPS Next Year

0.01

from -0.11

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	824.38M	1.01B	841.36M	885.22M	759.13M	832.33M
Revenue Growth	16.16%	22.44%	-16.64%	5.21%	-14.24%	9.64%
Gross Profit	430.18M	571.50M	364.66M	442.56M	308.42M	424.49M
Gross Margin	52.18%	56.62%	43.34%	49.99%	40.63%	51.00%
Operating Income	-16.62M	165.99M	-17.78M	50.80M	-23.75M	35.59M
Net Income	-190.41M	247.22M	-24.72M	31.55M	-54.46M	12.87M
EPS	-	-	-	-	-0.13	-0.11
Dividend / Share	-	0.56	-	0.14	-	0.09
Free Cash Flow	-72.57M	218.80M	-94.35M	-29.87M	1.49M	-43.00M
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue	2026	2027	2028
High	946.6M
Avg	832.3M
Low	776.7M

Revenue Growth

Revenue Growth	2026	2027	2028
High	24.7%
Avg	9.6%
Low	2.3%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.11
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-