EnerSys (ENS) AI Stock Analysis

• Market Cap: $4.75B
• Dividend Yield: 0.77%
• Average Volume (3M): 363.04K
• Price to Earnings (P/E): 14.8
• Beta (1Y): 1.21
• Revenue Growth: 6.17%
• EPS Growth: 20.86%
• Country: US
• Employees: 10,797
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 2.56
• Shares Outstanding: 37,466,930
• 10 Day Avg. Volume: 352,231
• 30 Day Avg. Volume: 363,042
• PEG Ratio: 0.26
• Price to Book (P/B): 1.90
• Price to Sales (P/S): 1.01
• P/FCF Ratio: 26.15
• Enterprise Value/Market Cap: 1.07
• Enterprise Value/Revenue: 1.36
• Enterprise Value/Gross Profit: 4.48
• Enterprise Value/Ebitda: 9.63
• 1Y Price Target: $135.00
• Price Target Upside: 4.44% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 9.79
• Revenue Forecast (FY): $3.69B

• Rating: 78 Outperform
• Price Target: $147.00 ▲(13.72% Upside)

EnerSys demonstrates strong financial performance and positive earnings call sentiment, contributing significantly to its overall score. Technical analysis supports a bullish outlook, although the stock is nearing overbought levels. The valuation is fair, with a moderate P/E ratio and modest dividend yield. These factors collectively position EnerSys as a solid investment within its industry.

Positive Factors

Revenue Growth

EnerSys's strong revenue growth, exceeding expectations, indicates robust demand and effective execution, supporting long-term market position.

Strategic Initiatives

The EnerGize strategic framework focuses on R&D and CapEx investments, reallocating resources to high-return opportunities, enhancing long-term growth.

Free Cash Flow

Strong free cash flow generation enhances financial flexibility, enabling reinvestment in growth initiatives and shareholder returns, supporting long-term stability.

Negative Factors

High Debt Levels

Elevated debt levels could constrain financial flexibility and increase risk, potentially impacting the company's ability to invest in growth opportunities.

Tariff Exposure

Significant tariff exposure could lead to increased costs and margin pressures, affecting competitiveness and profitability in the long term.

Motive Power Segment Challenges

Declining revenue in the Motive Power segment due to macroeconomic headwinds may hinder overall growth and require strategic adjustments.

EnerSys Business Overview & Revenue Model

Company Description

EnerSys (ENS) is a global leader in stored energy solutions for industrial applications. The company specializes in manufacturing and distributing batteries and energy systems for a variety of sectors, including telecommunications, data centers, renewable energy, and transportation. EnerSys offers a wide range of products, including motive power batteries, reserve power batteries, and energy storage systems, catering to both commercial and industrial customers worldwide.

How the Company Makes Money

EnerSys generates revenue primarily through the sale of its battery products and energy solutions across various sectors. Key revenue streams include the sale of lead-acid and lithium-ion batteries, which are utilized in applications such as forklifts, telecommunications, and renewable energy systems. Additionally, the company earns income from associated services, including battery maintenance, installation, and support. Strategic partnerships with major players in the telecommunications and renewable energy sectors enhance EnerSys's market reach and contribute to its earnings by providing integrated solutions that meet customer demands for reliable energy storage and management.

EnerSys Financial Statement Overview

Summary

EnerSys demonstrates strong financial performance with robust revenue growth and profitability. The balance sheet shows improved leverage, though high debt levels remain a concern. Cash flow generation is adequate, but the decline in free cash flow growth warrants attention. Overall, the company is well-positioned but should focus on enhancing cash flow stability.

Income Statement

EnerSys shows strong revenue growth with a TTM increase of 10.9%, indicating robust demand. The gross profit margin is healthy at 30.3%, and the net profit margin is solid at 9.6%. EBIT and EBITDA margins are also strong, reflecting efficient operations. However, the slight decline in net income from the previous annual report suggests potential cost pressures.

Balance Sheet

The company's debt-to-equity ratio has improved significantly in the TTM, indicating reduced leverage and a stronger equity position. Return on equity remains strong at 18.8%, showcasing effective use of equity to generate profits. The equity ratio is stable, reflecting a balanced asset structure. However, the high total debt level remains a potential risk.

Cash Flow

Operating cash flow is positive, but free cash flow has seen a slight decline in the TTM. The operating cash flow to net income ratio is moderate, indicating decent cash generation relative to net income. The free cash flow to net income ratio is over 50%, suggesting reasonable cash flow conversion, but the negative free cash flow growth rate is a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.73B	3.62B	3.58B	3.71B	3.36B	2.98B
Gross Profit	1.13B	1.09B	982.89M	840.82M	750.00M	739.10M
EBITDA	526.48M	558.57M	441.13M	366.61M	307.59M	304.95M
Net Income	337.24M	363.74M	269.10M	175.81M	143.91M	143.37M
Balance Sheet
Total Assets	4.07B	3.97B	3.47B	3.62B	3.74B	3.46B
Cash, Cash Equivalents and Short-Term Investments	388.61M	343.13M	333.32M	346.67M	402.49M	451.81M
Total Debt	1.21B	1.20B	914.26M	1.16B	1.30B	1.00B
Total Liabilities	2.21B	2.05B	1.71B	2.01B	2.24B	1.92B
Stockholders Equity	1.86B	1.92B	1.75B	1.60B	1.49B	1.54B
Cash Flow
Free Cash Flow	326.79M	139.26M	370.59M	191.17M	-139.63M	288.36M
Operating Cash Flow	435.27M	260.30M	457.03M	279.94M	-65.58M	358.38M
Investing Cash Flow	-116.26M	-336.39M	-92.48M	-44.80M	-69.23M	-65.04M
Financing Cash Flow	-343.20M	90.27M	-370.56M	-270.45M	98.43M	-188.72M

EnerSys Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 129.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENS, the sentiment is Positive. The current price of 129.26 is above the 20-day moving average (MA) of 122.13, above the 50-day MA of 114.14, and above the 200-day MA of 97.50, indicating a bullish trend. The MACD of 3.74 indicates Negative momentum. The RSI at 68.15 is Neutral, neither overbought nor oversold. The STOCH value of 58.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ENS.

EnerSys Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	78 Outperform	$4.75B	14.83	18.22%	0.77%	6.17%	20.86%
AEIS	75 Outperform	$8.52B	59.40	11.80%	0.20%	17.18%	235.76%
POWL	75 Outperform	$4.78B	27.49	34.00%	0.27%	14.32%	33.76%
ATKR	73 Outperform	$2.30B	21.93	7.29%	1.95%	-12.09%	-78.18%
ENR	68 Neutral	$1.61B	6.77	164.19%	5.08%	1.15%	2358.45%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
EOSE	51 Neutral	$4.15B	―	―	―	128.49%	-697.81%

EnerSys Corporate Events

EnerSys Reports Mixed Financial Results for Q3 2025

EnerSys is a Delaware-based company specializing in stored energy solutions for industrial applications, primarily operating within the energy sector. The company is known for its innovative battery technologies and energy storage systems.

EnerSys Reports 8% Increase in Q2 2026 Sales

On November 5, 2025, EnerSys announced its financial results for the second quarter of fiscal 2026, reporting an 8% increase in net sales to $951 million compared to the previous year. The company highlighted its strategic framework, EnerGize, which aims to enhance R&D and capital investments, optimize operations, and introduce new products, positioning EnerSys for long-term growth and shareholder value.

The most recent analyst rating on (ENS) stock is a Buy with a $115.00 price target. To see the full list of analyst forecasts on EnerSys stock, see the ENS Stock Forecast page.

EnerSys Expands Credit Facility with New Agreement

On September 25, 2025, EnerSys and its subsidiaries entered into the Sixth Amendment to their Credit Agreement with Bank of America, increasing their revolving credit facility by $150 million to a total of $1.0 billion, set to mature on September 30, 2030. This amendment also included the repayment of all outstanding term loans and interest under the existing agreement, with borrowings under the new facility bearing interest based on EnerSys’s Consolidated Total Net Leverage Ratio.

The most recent analyst rating on (ENS) stock is a Buy with a $115.00 price target. To see the full list of analyst forecasts on EnerSys stock, see the ENS Stock Forecast page.

EnerSys Earnings Call: Strategic Growth Amid Challenges

EnerSys Earnings Call: Strategic Initiatives Amidst Challenges

EnerSys Reports Modest Sales Growth Amid Restructuring

EnerSys is a global leader in stored energy solutions for industrial applications, primarily operating in the energy systems and motive power sectors, with a focus on innovative battery technologies. In its latest earnings report for the quarter ended June 29, 2025, EnerSys reported net sales of $893 million, reflecting a modest increase from the previous year. Despite a rise in gross profit to $253 million, the company’s net earnings decreased to $57 million, attributed to higher operating expenses and restructuring charges. Key financial metrics showed an increase in inventories and goodwill, indicating strategic investments and acquisitions, such as the purchase of Bren-Tronics Defense LLC. The company’s restructuring plans, including workforce reductions and facility closures, aim to enhance operational efficiency and align with evolving market demands. Looking ahead, EnerSys remains focused on strategic realignments and innovation to navigate market challenges and capitalize on growth opportunities.