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The latest update is out from Kenon ( (KEN) ).
On June 12, 2025, Kenon Holdings Ltd.’s subsidiary, OPC Energy Ltd., announced the results of its recent equity capital raise, which was initially announced on June 9, 2025. OPC issued 21,303,200 new ordinary shares at NIS 39.90 per share, raising approximately NIS 850 million ($241 million). Kenon was allocated 7,923,600 shares, amounting to approximately NIS 316 million ($90 million), and is expected to hold 53.2% of OPC’s shares post-offering. This capital raise strengthens Kenon’s position in the energy market and enhances its financial stability.
Spark’s Take on KEN Stock
According to Spark, TipRanks’ AI Analyst, KEN is a Outperform.
Kenon’s overall stock score is driven by its strong technical indicators and attractive valuation, despite challenges in financial stability and cash flow consistency. The bullish market momentum and undervaluation offer potential growth and income opportunities, while investors should be cautious of potential pullbacks due to overbought conditions.
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. Kenon focuses on energy generation and distribution, with significant market activities in Israel.
Average Trading Volume: 25,211
Technical Sentiment Signal: Buy
Current Market Cap: $1.87B
See more insights into KEN stock on TipRanks’ Stock Analysis page.