Roth Capital Has Pessimistic Outlook of ENLT Q3 Earnings

Enlight Renewable Energy Ltd. (NASDAQ:ENLT) – Equities research analysts at Roth Capital reduced their Q3 2025 earnings estimates for shares of Enlight Renewable Energy in a report released on Wednesday, August 20th. Roth Capital analyst J. Clare now forecasts that the company will post earnings of $0.09 per share for the quarter, down from their previous forecast of $0.10. Roth Capital has a “Buy” rating and a $28.00 price objective on the stock. The consensus estimate for Enlight Renewable Energy’s current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Enlight Renewable Energy’s FY2025 earnings at $0.87 EPS.

A number of other brokerages have also recently issued reports on ENLT. Mizuho set a $21.00 target price on shares of Enlight Renewable Energy and gave the company an “underperform” rating in a report on Monday, July 14th. Wall Street Zen cut shares of Enlight Renewable Energy from a “hold” rating to a “strong sell” rating in a report on Sunday, August 10th. JPMorgan Chase & Co. upped their target price on shares of Enlight Renewable Energy from $18.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Finally, Barclays upped their target price on shares of Enlight Renewable Energy from $21.00 to $26.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $24.40.

Enlight Renewable Energy Price Performance

Shares of NASDAQ:ENLT opened at $26.03 on Thursday. The company’s 50-day moving average price is $24.27 and its two-hundred day moving average price is $19.55. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.70 and a quick ratio of 0.70. Enlight Renewable Energy has a one year low of $14.01 and a one year high of $27.60.

Enlight Renewable Energy (NASDAQ:ENLT) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.05). Enlight Renewable Energy had a return on equity of 7.48% and a net margin of 23.58%.The business had revenue of $36.37 million for the quarter, compared to the consensus estimate of $424.05 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc grew its position in shares of Enlight Renewable Energy by 259.0% during the 2nd quarter. Legal & General Group Plc now owns 1,867,785 shares of the company’s stock worth $42,377,000 after purchasing an additional 1,347,458 shares in the last quarter. Y.D. More Investments Ltd grew its position in shares of Enlight Renewable Energy by 18.0% during the 1st quarter. Y.D. More Investments Ltd now owns 3,621,516 shares of the company’s stock worth $57,870,000 after purchasing an additional 553,337 shares in the last quarter. Norges Bank acquired a new position in shares of Enlight Renewable Energy during the 2nd quarter worth approximately $3,608,000. Canada Pension Plan Investment Board grew its position in shares of Enlight Renewable Energy by 131.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 255,136 shares of the company’s stock worth $4,064,000 after purchasing an additional 144,980 shares in the last quarter. Finally, Phoenix Financial Ltd. grew its position in shares of Enlight Renewable Energy by 10.3% during the 2nd quarter. Phoenix Financial Ltd. now owns 1,383,986 shares of the company’s stock worth $31,685,000 after purchasing an additional 129,491 shares in the last quarter. Institutional investors and hedge funds own 38.89% of the company’s stock.

Enlight Renewable Energy Company Profile

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects.