EnerSys (ENS) has disclosed a new risk, in the Regulation category.
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EnerSys faces significant uncertainty due to the ongoing implementation of the Inflation Reduction Act of 2022, which includes production tax credits for battery cells and modules. The company’s ability to capitalize on these credits hinges on forthcoming federal regulations, which remain in flux and subject to public debate. Furthermore, the potential development of similar incentives in international markets could influence demand for EnerSys’s products as they expand globally. The company’s success in entering new geographic markets may rely on the presence and stability of such incentives abroad.
Overall, Wall Street has a Moderate Buy consensus rating on ENS stock based on 1 Buy.
To learn more about EnerSys’ risk factors, click here.