Enlight Renewable Energy (IL:ENLT)
:ENLT
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Enlight Renewable Energy (ENLT) AI Stock Analysis

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IL:ENLT

Enlight Renewable Energy

(ENLT)

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Outperform 77 (OpenAI - 4o)
Rating:77Outperform
Price Target:
14,188.00
▲(16.30% Upside)
Enlight Renewable Energy's strong earnings call performance and technical momentum are the most significant factors driving the score. Financial performance is solid but tempered by high leverage and negative free cash flow growth. Valuation concerns due to a high P/E ratio also weigh on the overall score.
Positive Factors
Revenue Growth
Strong revenue growth indicates robust market demand and effective business strategy, positioning Enlight for sustained expansion in the renewable energy sector.
Energy Storage Expansion
Expanding energy storage capabilities enhances Enlight's competitive edge and supports long-term growth by addressing increasing global demand for energy solutions.
Strategic Partnerships
Strategic partnerships and financing agreements for large projects like Snowflake A ensure financial stability and support Enlight's growth and operational efficiency.
Negative Factors
High Leverage
High leverage can increase financial risk and limit flexibility, potentially impacting Enlight's ability to invest in new projects or weather economic downturns.
Negative Free Cash Flow Growth
Negative free cash flow growth suggests challenges in generating cash post-capital expenditures, which could hinder Enlight's ability to fund future expansions.
Regulatory Challenges
Regulatory challenges, such as interconnection risks, can delay project timelines and increase costs, impacting Enlight's operational efficiency and growth potential.

Enlight Renewable Energy (ENLT) vs. iShares MSCI Israel ETF (EIS)

Enlight Renewable Energy Business Overview & Revenue Model

Company DescriptionEnlight Renewable Energy Ltd operates in the field of renewable energy in the United States, Europe, and Israel. The company develops, designs, constructs, finances, owns, and operates solar and wind energy projects. Its renewable energy total portfolio includes 16,974 megawatts, as well as 12,200-megawatt hours of battery energy storage. Enlight Renewable Energy Ltd was incorporated in 1981 and is based in Rosh Ha'ayin, Israel.
How the Company Makes MoneyEnlight Renewable Energy generates revenue primarily through the sale of electricity produced by its renewable energy projects. The company enters into Power Purchase Agreements (PPAs) with utilities and large energy consumers, ensuring a stable and predictable revenue stream. Additional revenue comes from the sale of Renewable Energy Certificates (RECs), which are generated alongside the production of clean energy. The company may also engage in project development services for third parties, earning fees for its expertise in navigating regulatory and financial landscapes. Key partnerships with government entities and private investors further enhance its funding capabilities, enabling the expansion of its project portfolio and increasing its overall earnings potential.

Enlight Renewable Energy Earnings Call Summary

Earnings Call Date:Nov 12, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 26, 2026
Earnings Call Sentiment Positive
The earnings call reflects a strong performance with significant growth in revenue, income, and successful capital raising, overshadowing the challenges posed by regulatory and interconnection risks. The company's strategic advancements in energy storage and financial closures for key projects underscore its positive growth trajectory.
Q3-2025 Updates
Positive Updates
Record Revenue and Income Growth
Revenue and income grew by 46% from Q2 2025 to $165 million. Adjusted EBITDA increased by 23% to $112 million, and net income grew by 33% to $32 million.
Raised Full Year Guidance
The company raised its full year 2025 revenue and income guidance to between $555 million and $565 million, and adjusted EBITDA to between $405 million and $415 million, representing increases of 6% and 4.5%, respectively.
Significant Capital Raising
Enlight raised about $4.8 billion over the past 12 months, including $1.5 billion for the Snowflake A project and $300 million through equity offerings, ensuring financial backing for expansion plans.
Energy Storage Expansion
The energy storage segment is a major growth engine, with the global mature storage portfolio reaching 11.8 gigawatt hours, almost six times its size three years ago.
Successful Financial Close for Snowflake A
Achieved a $1.44 billion financial close for the 600 MW Snowflake A project in Arizona, expected to generate approximately $130 million in revenue and over $100 million in EBITDA in its first full year of operation.
Negative Updates
Impact of Previous Compensation
Adjusted EBITDA growth was partially impacted by compensation revenue from the Bjornberget project in Sweden in the corresponding quarter last year that reflected a catch-up for three quarters.
Interconnection and Regulation Challenges
The CO-Bar complex in Arizona faced interconnection risks influenced by federal approval requirements and potential delays from the federal government shutdown.
Tariff and Trade Risks
Ongoing U.S. tariffs and trade regulations pose risks, although mitigation strategies are in place.
Company Guidance
During the Enlight Renewable Energy's Third Quarter 2025 Earnings Call, the company provided updated guidance for the year, reflecting strong financial performance and strategic growth. The company reported a 46% increase in revenue from the previous quarter, reaching $165 million, and a 23% growth in adjusted EBITDA to $112 million. Net income also rose by 33% to $32 million. Enlight raised its full-year 2025 guidance, now expecting revenue between $555 million and $565 million, and adjusted EBITDA between $405 million and $415 million, representing increases of 6% and 4.5% respectively. This upward revision underscores the robust growth trajectory driven by new projects across the United States, Israel, and Europe, and highlights the company's strategic focus on expanding its energy storage capabilities, particularly in Europe. Enlight's strong capital raising efforts, totaling $4.8 billion in the past 12 months, further support its ambitious expansion plans.

Enlight Renewable Energy Financial Statement Overview

Summary
Enlight Renewable Energy shows strong revenue growth and profitability with a high EBIT margin. However, high leverage and negative free cash flow growth present potential risks. The company should focus on managing debt levels and improving cash flow generation to ensure long-term financial stability.
Income Statement
85
Very Positive
Enlight Renewable Energy shows strong revenue growth with a 7.51% increase in TTM. The company maintains robust profitability with a high EBIT margin of 69.27% and a net profit margin of 29.15%. These metrics indicate efficient operations and strong market positioning. However, the gross profit margin slightly decreased from previous periods, suggesting potential cost pressures.
Balance Sheet
70
Positive
The company has a high debt-to-equity ratio of 2.55, indicating significant leverage, which could pose financial risks if not managed carefully. However, the return on equity improved to 9.99%, reflecting better utilization of equity to generate profits. The equity ratio remains stable, suggesting a balanced asset structure.
Cash Flow
60
Neutral
Operating cash flow is strong, but free cash flow growth is negative at -36.99%, indicating challenges in generating cash after capital expenditures. The free cash flow to net income ratio is healthy at 1.13, suggesting that the company is generating sufficient cash relative to its net income. However, the reliance on operating cash flow to cover net income is moderate, indicating potential liquidity concerns.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue449.57M398.80M261.14M192.05M330.88M241.69M
Gross Profit285.48M209.21M144.50M111.10M61.24M136.27M
EBITDA435.69M292.68M255.01M123.06M81.26M-8.28M
Net Income115.22M44.21M70.92M24.73M11.22M-150.77M
Balance Sheet
Total Assets6.82B5.55B4.63B3.53B8.82B5.84B
Cash, Cash Equivalents and Short-Term Investments481.15M387.43M409.11M231.67M980.57M423.86M
Total Debt4.01B3.12B2.70B2.16B5.66B3.76B
Total Liabilities5.18B4.11B3.20B2.48B6.46B4.19B
Stockholders Equity1.34B1.18B1.17B803.59M1.66B1.18B
Cash Flow
Free Cash Flow252.79M193.07M-582.61M-548.35M-1.30B-1.04B
Operating Cash Flow193.15M193.07M149.62M90.32M168.43M136.30M
Investing Cash Flow-1.05B-941.37M-798.96M-819.49M-2.08B-1.69B
Financing Cash Flow1.12B745.99M855.30M684.31M2.44B1.19B

Enlight Renewable Energy Technical Analysis

Technical Analysis Sentiment
Positive
Last Price12200.00
Price Trends
50DMA
10585.52
Positive
100DMA
9445.73
Positive
200DMA
7796.15
Positive
Market Momentum
MACD
436.03
Negative
RSI
66.23
Neutral
STOCH
80.46
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:ENLT, the sentiment is Positive. The current price of 12200 is above the 20-day moving average (MA) of 11567.50, above the 50-day MA of 10585.52, and above the 200-day MA of 7796.15, indicating a bullish trend. The MACD of 436.03 indicates Negative momentum. The RSI at 66.23 is Neutral, neither overbought nor oversold. The STOCH value of 80.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:ENLT.

Enlight Renewable Energy Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$15.42B33.468.71%21.55%139.11%
66
Neutral
8.49B39.242.86%12.94%-3.23%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
61
Neutral
4.81B
56
Neutral
4.64B113.54%-242.38%
54
Neutral
2.31B-105.82-7.47%-123.28%
44
Neutral
39.56M-1.62-4.02%44.85%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IL:ENLT
Enlight Renewable Energy
12,200.00
6,020.00
97.41%
IL:ENRG
Energix
1,394.00
129.43
10.24%
IL:HMGS
Homebiogas
139.80
71.20
103.79%
IL:DORL
Doral Energy
2,606.00
1,296.00
98.93%
IL:MSKE
Meshek Energy
649.90
440.10
209.77%
IL:ECNR
Econergy
4,312.00
2,012.00
87.48%

Enlight Renewable Energy Corporate Events

Enlight Renewable Energy Reports Strong Q3 2025 Financial Results and Raises Guidance
Nov 12, 2025

On November 12, 2025, Enlight Renewable Energy reported its financial results for the third quarter of 2025, showcasing a substantial increase in revenue and net income compared to the previous year. The company achieved a 46% year-over-year increase in revenue and income, reaching $430 million for the nine months ending September 30, 2025, and a 140% increase in net income to $140 million. Enlight also raised its full-year guidance for 2025, reflecting confidence in continued growth. The company’s portfolio expansion includes significant projects in the U.S., Europe, and MENA, with a focus on increasing its generation and storage capacity. Enlight’s strategic advancements position it for accelerated global growth, benefiting from favorable market conditions in the renewable energy industry.

The most recent analyst rating on (IL:ENLT) stock is a Sell with a ILs24.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy Secures Financing for Arizona Solar Project
Nov 10, 2025

Enlight Renewable Energy Ltd. announced the financial close of its Snowflake A project in Arizona, USA, which includes 600 MW of solar power generation and 1,900 MWh of energy storage. The company secured $1,438 million in construction financing from a consortium of six global banks. The project is expected to reach commercial operation in the second half of 2027, with a 20-year power purchase agreement with Arizona Public Service. The project aims to benefit from tax credits, enhancing its financial viability and positioning Enlight as a significant player in the renewable energy sector.

The most recent analyst rating on (IL:ENLT) stock is a Sell with a ILs24.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy Secures Tax Equity Partnership for Quail Ranch Project
Nov 3, 2025

Enlight Renewable Energy Ltd. announced that its subsidiary, Clenera Holdings LLC, has finalized a tax equity partnership with Wells Fargo Bank for the Quail Ranch Solar Power and Energy Storage Project near Albuquerque, New Mexico. The project, which includes 128 MW of solar power and 400 MWh of energy storage, is set to reach commercial operation by the end of 2025. The partnership involves a $131 million contribution from Wells Fargo upon the project’s completion, with additional financial benefits expected over the first decade. This agreement is significant for Enlight’s strategic positioning in the renewable energy sector, potentially enhancing its market presence and financial stability.

The most recent analyst rating on (IL:ENLT) stock is a Buy with a ILs12363.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy to Announce Q3 2025 Financial Results
Oct 21, 2025

Enlight Renewable Energy announced it will release its financial results for the third quarter of 2025 on November 12, 2025, before the Tel Aviv Stock Exchange opens. The company will host two conference calls to discuss the results and business outlook, one in English and one in Hebrew, providing stakeholders with insights into its financial performance and future prospects.

The most recent analyst rating on (IL:ENLT) stock is a Hold with a ILs29.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy’s Bond Ratings Affirmed with Stable Outlook
Oct 20, 2025

On October 16, 2025, Midroog Ltd., an affiliate of Moody’s Corporation, affirmed the A2.il rating for Enlight Renewable Energy Ltd.’s bonds, with a stable outlook. The report highlights the company’s strategic focus on high-capacity renewable projects and geographical diversification, which have led to increased installed capacity and improved financial metrics. Enlight’s substantial investment plans in the U.S., Europe, and Israel are expected to drive further growth, supported by strong cash flows from new projects. The company’s financial flexibility and high liquidity reserves bolster its market position, although it faces increased repayment obligations starting in 2026.

The most recent analyst rating on (IL:ENLT) stock is a Hold with a ILs29.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy Approves Key Governance and Compensation Changes
Oct 1, 2025

On September 30, 2025, Enlight Renewable Energy Ltd. held a Special and Annual General Meeting where shareholders approved several key proposals. These included the re-appointment of Somekh Chaikin as the independent registered public accounting firm, the election of board members, amendments to the compensation policy, and the compensation packages for newly appointed executives. These decisions reflect the company’s strategic direction and governance structure, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (IL:ENLT) stock is a Hold with a ILs27.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy Secures Tax Equity Partnerships for Arizona Solar Project
Sep 29, 2025

Enlight Renewable Energy Ltd. announced that its subsidiary, Clenera Holdings, LLC, has finalized tax equity partnership agreements for the Roadrunner Solar and Energy Storage Project near Tucson, Arizona. The agreements, involving JP Morgan Chase Bank, M&T Community & Environmental Development LLC, and First-Citizens Bank & Trust Company, will provide $337 million in funding upon the project’s commercial operation date. The project, featuring 290 MW of solar generation and 940 MWh of energy storage, is expected to achieve full commercial operation by the end of 2025, receiving significant tax credits and additional payments over its first decade of operation.

The most recent analyst rating on (IL:ENLT) stock is a Hold with a ILs27.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy Secures NIS 1 Billion from Private Placement
Aug 19, 2025

On August 19, 2025, Enlight Renewable Energy Ltd. announced the acceptance of commitments from Israeli institutional investors to purchase over 11 million ordinary shares, raising approximately NIS 1 billion. The funds from this private placement are intended to support the company’s growth plan, particularly for projects slated for construction in 2026. This move is expected to bolster Enlight’s operational capacity and enhance its positioning in the renewable energy sector, although the closing of the placement is contingent on customary conditions, including approval from the Tel Aviv Stock Exchange.

The most recent analyst rating on (IL:ENLT) stock is a Buy with a ILs10551.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy Secures $350 Million for US Projects
Aug 19, 2025

On August 18, 2025, Enlight Renewable Energy Ltd.’s indirect US subsidiary entered into a Mezzanine Facilities Agreement with Bank Leumi Le-Israel B.M. to secure $350 million in loan commitments for its solar and storage projects, including Atrisco and Apex, which are operational, and Quail Ranch, Roadrunner, and Snowflake A, which are under construction. Additionally, the Atrisco BESS project secured a $53 million tax-equity domestic content adder, generating a net profit of $41 million for the company, enhancing its financial standing and project equity IRR.

The most recent analyst rating on (IL:ENLT) stock is a Buy with a ILs10551.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Enlight Renewable Energy to Benefit from New IRS Guidelines for Solar Projects
Aug 18, 2025

On August 15, 2025, the IRS issued new guidelines regarding the ‘beginning of construction’ requirements for solar projects to qualify for safe harbor treatment and tax benefits. These guidelines, effective September 2, 2025, allow Enlight Renewable Energy to proceed with its business plan, expecting its U.S. operating portfolio to reach 6.5-8.0 FGW by 2028. The company anticipates its global portfolio will achieve 11-13 FGW with an ARR of approximately $2 billion by the end of 2028, significantly increasing from its 2025 revenue projections. A substantial portion of its U.S. portfolio already meets existing regulations, and additional projects may qualify for full tax credits, enhancing its market position.

The most recent analyst rating on (IL:ENLT) stock is a Buy with a ILs23.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 13, 2025