Zacks upgraded Enlight Renewable Energy stock to Strong Buy

Published on 10/12/2026 at 10:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue and income rose 55 percent to USD 210.00 million. Nine analysts set a USD 74.71 target for Enlight Renewable Energy stock.

Key points in brief

Zacks Research upgraded Enlight Renewable Energy from Hold to Strong Buy on October 6, 2026.
Second-quarter 2026 revenue and income rose 55 percent to USD 210.00 million.
The company raised 2026 revenue guidance to USD 790 million to USD 820 million.
Nine analysts had a consensus Hold rating and an average USD 74.71 target.
Enlight Renewable Energy is listed on Nasdaq and the Tel Aviv Stock Exchange.

Enlight Renewable Energy, IL0007200111, Illustration mit AI erstellt.

On October 6, 2026, Zacks Research upgraded Enlight Renewable Energy stock from Hold to Strong Buy, as MarketBeat reported. The upgrade followed second-quarter 2026 revenue and income of USD 210.00 million, up 55 percent year over year, according to Yahoo Finance.

Three dated signals shape ENLT

On August 4, 2026, Enlight reported second-quarter adjusted EBITDA of USD 160.00 million, up 67 percent from USD 96.00 million in the comparable quarter, according to Yahoo Finance. On September 28, 2026, Truist Financial cut its price target from USD 106.00 to USD 104.00 while keeping a Buy rating, MarketBeat reported. On October 6, 2026, Zacks Research changed its rating from Hold to Strong Buy, the latest of the three signals.

What does the upgrade mean for expectations

The operating figures provide the clearest explanation for the rating change. Enlight raised 2026 revenue guidance to USD 790 million to USD 820 million from USD 755 million to USD 785 million, while adjusted EBITDA guidance increased to USD 565 million to USD 585 million from USD 545 million to USD 565 million, according to Yahoo Finance.

The analyst picture remains mixed despite the stronger company outlook. MarketBeat listed nine analysts with a consensus Hold rating, four Buy ratings, two Hold ratings and two Sell ratings, alongside an average 12-month target of USD 74.71. MarketBeat also reported that CFO Nir Yehuda sold 1,276 shares on October 1, 2026, at USD 66.40 per share.

Two dates shape the buildout

Enlight expects more than 7.00 factored gigawatts to be under construction by the end of 2026 and initial commercial operations at the CO Bar complex in the second half of 2027, according to Yahoo Finance. The company also expects the full CO Bar project to reach completion in the first half of 2028.

Execution remains the key measure

The central test for Enlight is converting its expanded project portfolio into operating assets and recurring cash flow. Second-quarter net profit reached USD 31.00 million versus USD 6.00 million in the comparable quarter, while operating cash flow rose 34 percent year over year to USD 84.00 million, according to Yahoo Finance. Enlight Renewable Energy is listed on Nasdaq and the Tel Aviv Stock Exchange, as stated on its investor-relations page.