Enlight Renewable Energy (ENLT) Expected to Post Earnings on Tuesday

Key Points

• Enlight Renewable Energy is expected to report Q3 2026 results before markets open on November 3. Analysts forecast earnings of $0.13 per share and revenue of $660.41 million, compared with $0.20 EPS and $165.99 million in revenue in the prior reported quarter.
• ENLT shares recently rose 2.9% to $71.36, giving the company an $8.46 billion market capitalization and a high price-to-earnings ratio of 115.10. The stock has traded between $32.87 and $108.65 over the past year.
• Analyst sentiment is mixed: MarketBeat reports a consensus “Hold” rating and an average price target of $74.86, while recent targets range from $41 to $104. Insiders have sold 10,526 shares worth approximately $755,406 over the past 90 days, primarily to cover tax obligations from vested equity awards.

Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) is expected to announce its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect Enlight Renewable Energy to post earnings of $0.13 per share and revenue of $660.41 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, November 3, 2026 at 8:00 AM ET.

Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported $0.20 EPS for the quarter. The company had revenue of $165.99 million for the quarter. Enlight Renewable Energy had a net margin of 12.35% and a return on equity of 3.52%. On average, analysts expect Enlight Renewable Energy to post $0.39 EPS for the current fiscal year and $1.00 EPS for the next fiscal year.

Enlight Renewable Energy Trading Up 2.9%

NASDAQ:ENLT traded up $2.00 during trading hours on Tuesday, reaching $71.36. The company's stock had a trading volume of 10,957 shares, compared to its average volume of 187,296. The firm has a market capitalization of $8.46 billion, a price-to-earnings ratio of 115.10, a PEG ratio of 22.57 and a beta of 1.70. The firm has a 50-day simple moving average of $73.36 and a 200-day simple moving average of $77.12. Enlight Renewable Energy has a 1 year low of $32.87 and a 1 year high of $108.65. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.12 and a current ratio of 1.12.

Insider Activity

In other news, CFO Nir Yehuda sold 1,276 shares of the company's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $66.40, for a total transaction of $84,726.40. Following the completion of the transaction, the chief financial officer directly owned 34,324 shares of the company's stock, valued at approximately $2,279,113.60. This represents a 3.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ilan Goren sold 2,700 shares of the stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $64.81, for a total transaction of $174,987.00. Following the sale, the insider owned 40,135 shares of the company's stock, valued at approximately $2,601,149.35. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 10,526 shares of company stock valued at $755,406.

Wall Street Analysts Forecast Growth

ENLT has been the subject of several analyst reports. Truist Financial cut their price target on shares of Enlight Renewable Energy from $106.00 to $104.00 and set a "buy" rating for the company in a research report on Monday, September 28th. Mizuho decreased their price objective on Enlight Renewable Energy from $45.00 to $41.00 and set an "underperform" rating on the stock in a report on Tuesday, October 13th. Barclays lifted their price objective on Enlight Renewable Energy from $83.00 to $89.00 and gave the stock an "overweight" rating in a report on Monday, July 20th. Zacks Research raised Enlight Renewable Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 6th. Finally, JPMorgan Chase & Co. dropped their target price on Enlight Renewable Energy from $80.00 to $65.00 and set an "underweight" rating for the company in a report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $74.86.

Enlight Renewable Energy Company Profile

Enlight Renewable Energy Ltd. NASDAQ: ENLT is a renewable energy company that develops, finances, constructs, owns and operates clean energy projects. Its activities include utility-scale solar photovoltaic, wind power and energy storage projects.

The company manages projects across multiple stages of the renewable energy lifecycle, from development and permitting through construction and long-term operation. Its portfolio and development activities span Israel, the United States and selected European markets.

Founded in 1988, Enlight is headquartered in Israel and is also listed on the Tel Aviv Stock Exchange.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.