Enlight Renewable Energy Ltd (ENLT)
NASDAQ: ENLT · IEX Real-Time Price · USD
14.66
-0.30 (-2.01%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Enlight Renewable Energy Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ENLT stock have an average target of 18.75, with a low estimate of 16 and a high estimate of 20. The average target predicts an increase of 27.90% from the current stock price of 14.66.
Analyst Consensus: Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for ENLT stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $19 → $20 | Strong Buy | Reiterates | $19 → $20 | +36.43% | May 9, 2024 |
| Barclays | Barclays | Buy Maintains $21 → $20 | Buy | Maintains | $21 → $20 | +36.43% | Apr 10, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $19 → $16 | Buy → Hold | Downgrades | $19 → $16 | +9.14% | Apr 8, 2024 |
| Mizuho | Mizuho | Hold Maintains $17 → $19 | Hold | Maintains | $17 → $19 | +29.60% | Jan 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $22 → $19 | Strong Buy | Maintains | $22 → $19 | +29.60% | Nov 21, 2023 |
Financial Forecast
Revenue This Year
1.35B
from 255.70M
Increased by 428.35%
Revenue Next Year
1.72B
from 1.35B
Increased by 27.54%
EPS This Year
1.58
from 0.57
Increased by 177.25%
EPS Next Year
2.56
from 1.58
Increased by 61.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.8B | 2.5B |
| Avg | 1.4B | 1.7B | 2.5B |
| Low | 1.3B | 1.7B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 444.0% | 31.3% | 47.0% |
| Avg | 428.3% | 27.5% | 42.8% |
| Low | 407.6% | 22.6% | 37.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.63 | 2.63 | 5.23 |
| Avg | 1.58 | 2.56 | 5.08 |
| Low | 1.52 | 2.46 | 4.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 185.4% | 66.7% | 104.4% |
| Avg | 177.3% | 61.9% | 98.5% |
| Low | 166.4% | 55.6% | 90.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.