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Kenon ( (KEN) ) has shared an update.
On August 14, 2025, Kenon Holdings’ subsidiary, OPC Energy Ltd., announced a private placement of 18,750,000 ordinary shares to institutional investors in Israel, raising approximately $266 million. The proceeds are intended for OPC’s business growth and development. This move, subject to approval by the Tel Aviv Stock Exchange, will result in Kenon holding about 49.8% of OPC’s shares, reflecting a strategic effort to bolster OPC’s financial resources and market position.
Spark’s Take on KEN Stock
According to Spark, TipRanks’ AI Analyst, KEN is a Outperform.
Kenon’s overall score reflects strong valuation appeal and positive technical indicators, despite financial performance concerns. The low P/E ratio and high dividend yield are significant positive factors, while the overbought technical indicators suggest caution. The company’s financial health is marked by revenue growth but hampered by inconsistent profitability and cash flow.
To see Spark’s full report on KEN stock, click here.
More about Kenon
Kenon Holdings Ltd. operates in the energy sector, primarily through its subsidiary OPC Energy Ltd., which focuses on energy production and development. The company is engaged in expanding its market presence and enhancing its operational capabilities.
Average Trading Volume: 20,293
Technical Sentiment Signal: Buy
Current Market Cap: $2.23B
For a thorough assessment of KEN stock, go to TipRanks’ Stock Analysis page.