Enlight Renewable Energy Posts Strong Q1 2026 Growth and Expands Global Renewables Portfolio

Enlight Renewable Energy ( (IL:ENLT) ) just unveiled an update.

On May 5, 2026, Enlight Renewable Energy reported that first-quarter 2026 revenues and income rose 54% year on year to $200 million, while net income came in at $38 million, down from $102 million due to a large one-off gain in 2025 but up 76% on an underlying basis. Adjusted EBITDA reached $154 million, operating cash flow climbed 58% to $100 million, and the company reaffirmed its 2026 guidance, signaling confidence in continued double-digit growth.

Management highlighted that the results demonstrate resilience despite geopolitical and market challenges, supported by a rapidly expanding portfolio totaling 21.5 GW of generation and 69 GWh of storage as of early May. The mature portfolio now stands at 11.6 FGW with an annualized revenue run rate of about $2.06–2.08 billion, and ongoing U.S. projects such as the CO Bar complex underpin expectations that over 90% of mature capacity will be operating or under construction by year-end 2026, reinforcing Enlight’s position in global clean energy infrastructure.

The most recent analyst rating on (IL:ENLT) stock is a Sell with a ILs57.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

More about Enlight Renewable Energy

Enlight Renewable Energy Ltd. is an Israel-based renewable power developer and operator focused on utility-scale solar, wind and energy storage projects. Listed on Nasdaq and the Tel Aviv Stock Exchange, the company concentrates on the U.S., Europe, Israel and MENA markets, with a growing emphasis on grid-scale storage amid capacity shortages.

Average Trading Volume: 547,069

Technical Sentiment Signal: Buy

Current Market Cap: ILs37.58B

See more data about ENLT stock on TipRanks’ Stock Analysis page.