Enlight Renewable Energy (NASDAQ:ENLT) Shares Gap Up – What’s Next?

Posted by Stanley Muller on Sep 16th, 2026

Enlight Renewable Energy Ltd. (NASDAQ:ENLT – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $69.55, but opened at $72.37. Enlight Renewable Energy shares last traded at $72.2850, with a volume of 19,963 shares.

Analysts Set New Price Targets

ENLT has been the subject of a number of recent analyst reports. Weiss Ratings raised Enlight Renewable Energy from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 3rd. Barclays increased their target price on Enlight Renewable Energy from $83.00 to $89.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. UBS Group decreased their price target on Enlight Renewable Energy from $123.00 to $115.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Truist Financial assumed coverage on shares of Enlight Renewable Energy in a research note on Monday, July 13th. They set a “buy” rating and a $106.00 price objective for the company. Finally, Wall Street Zen lowered shares of Enlight Renewable Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Enlight Renewable Energy currently has a consensus rating of “Hold” and a consensus target price of $75.00.

Read Our Latest Report on ENLT

Enlight Renewable Energy Trading Up 3.7%

The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.12 and a current ratio of 1.12. The firm has a market capitalization of $8.55 billion, a price-to-earnings ratio of 116.53, a P/E/G ratio of 57.17 and a beta of 1.65. The business has a fifty day moving average price of $82.48 and a 200 day moving average price of $83.20.

Enlight Renewable Energy (NASDAQ:ENLT – Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $0.20 earnings per share for the quarter. Enlight Renewable Energy had a return on equity of 3.52% and a net margin of 12.35%.The firm had revenue of $165.99 million for the quarter. As a group, equities analysts forecast that Enlight Renewable Energy Ltd. will post 0.35 earnings per share for the current year.

Insider Buying and Selling at Enlight Renewable Energy

In other news, insider Amit Paz sold 4,329 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $76.57, for a total transaction of $331,471.53. Following the completion of the sale, the insider owned 279,683 shares in the company, valued at approximately $21,415,327.31. The trade was a 1.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tidal Investments LLC grew its stake in Enlight Renewable Energy by 9.8% during the second quarter. Tidal Investments LLC now owns 27,273 shares of the company’s stock worth $2,428,000 after buying an additional 2,427 shares during the period. Orion Capital Management LLC acquired a new stake in shares of Enlight Renewable Energy in the second quarter worth $26,000. Navellier & Associates Inc. purchased a new position in shares of Enlight Renewable Energy in the 2nd quarter valued at $3,475,000. Public Employees Retirement System of Ohio purchased a new position in shares of Enlight Renewable Energy in the 2nd quarter valued at $751,000. Finally, Versant Capital Management Inc acquired a new position in shares of Enlight Renewable Energy during the 2nd quarter valued at $34,000. 38.89% of the stock is owned by institutional investors and hedge funds.

Enlight Renewable Energy Company Profile

(Get Free Report)

Enlight Renewable Energy Ltd. is a renewable energy company that develops, finances, constructs, owns and operates utility-scale clean energy projects. Its activities focus primarily on solar photovoltaic, wind energy and energy storage systems, with projects designed to generate electricity and support the reliability and flexibility of power grids.

The company manages projects across multiple stages of the renewable energy value chain, including site development, permitting, power purchase arrangements, construction and long-term operation.