EnerSys Hold Rating Maintained Amid Financial Adjustments and Stable Outlook

William Blair analyst Brian Drab has maintained their neutral stance on ENS stock, giving a Hold rating on May 22.

Brian Drab has given his Hold rating due to a combination of factors related to EnerSys’s financial adjustments. The analyst revised the company’s adjusted EPS and EBITDA estimates after identifying an initially overstated tax rate. This adjustment was necessary to better align with the expected benefits from tax credits associated with the IRA.
Additionally, Drab modified assumptions regarding EnerSys’s pretax non-recurring expenses, which impacted the EBITDA estimates. Despite these changes, the first-quarter fiscal 2026 adjusted EPS estimate remained within management’s guidance range, suggesting a stable outlook. These factors collectively contributed to maintaining a Hold rating, reflecting a balanced view of the company’s financial prospects.

Drab covers the Industrials sector, focusing on stocks such as Xometry, EnerSys, and Lindsay. According to TipRanks, Drab has an average return of 18.3% and a 67.19% success rate on recommended stocks.