Zacks upgrades Enlight Renewable Energy stock to Strong Buy

Published on 10/09/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks Rank #1 followed a 24.70 percent estimate rise on October 7, 2026. Analysts set a USD 86.14 target for Enlight Renewable Energy stock.

Key points in brief

Zacks upgraded Enlight Renewable Energy to Rank #1 Strong Buy on October 7, 2026 after a 24.70 percent rise in consensus earnings estimates.
Usva Energia sold Enlight a 100 MW / 400 MWh ready-to-build battery storage project in Finland on October 5, 2026.
Enlight reported second-quarter 2026 revenue of USD 165.99 million and earnings per share of USD 0.20.
The stock was last at USD 67.11 on Nasdaq on October 8, 2026, with a 52-week range of USD 32.75 to USD 108.65.

Enlight Renewable Energy, IL0007200111, Illustration mit AI erstellt.

Enlight Renewable Energy stock was upgraded to Zacks Rank #1 Strong Buy on October 7, 2026, after consensus earnings estimates rose 24.70 percent over three months, according to Zacks. The move gives the latest market narrative a clear number: the fiscal year 2026 earnings estimate cited by Zacks is USD 0.43 per share.

Three dated milestones shape the story

On June 30, 2026, Enlight reported second-quarter revenue of USD 165.99 million and earnings per share of USD 0.20, according to MarketBeat. On October 5, 2026, Usva Energia announced the sale of a 100 MW / 400 MWh ready-to-build battery storage project in Pyhajoki, Finland, to Enlight, according to Usva Energia. On October 7, 2026, Zacks published the Rank #1 upgrade after the 24.70 percent estimate increase.

Dates and ratings set the next test

Yahoo Finance lists November 11, 2026 as the estimated next earnings date. MarketBeat counted four Buy, two Hold and two Sell ratings among eight firms, with an average 12-month target of USD 74.71, while Truist cut its target from USD 106.00 to USD 104.00 on September 28, 2026 and retained a Buy rating.

What does the project add?

The Finnish project adds 400 MWh of planned storage capacity to Enlight's European platform. Usva Energia said Enlight's portfolio totaled 21.8 GW of generation capacity and 74.6 GWh of storage capacity as of August 2026, making the new project a capacity expansion rather than a standalone power-generation asset.

Nasdaq price remains below the yearly high

Enlight Renewable Energy was last at USD 67.11 on Nasdaq on October 8, 2026 at 4:00 p.m. EDT, up 1.56 percent from the prior close of USD 66.08. The 52-week range was USD 32.75 to USD 108.65, while market capitalization stood at USD 9.4 billion as of October 9, 2026.