ENLT stock icon

Enlight Renewable Energy

16.09 USD
-0.56
3.36%
Updated Oct 22, 9:30 AM EDT
1 day
-3.36%
5 days
4.21%
1 month
1.39%
3 months
-2.48%
6 months
-5.24%
Year to date
-14.82%
1 year
31.35%
5 years
-9.35%
 

About: Enlight Renewable Energy Ltd develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It operates across the three largest renewable segments namely solar, wind and energy storage. Geographically, it operates in the United States, Israel and 9 European countries.

Employees: 287

0
Funds holding %
of 6,740 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

2% more funds holding

Funds holding: 57 [Q1] → 58 (+1) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

5.15% less ownership

Funds ownership: 37.62% [Q1] → 32.48% (-5.15%) [Q2]

19% less capital invested

Capital invested by funds: $754M [Q1] → $614M (-$140M) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 20

87% less call options, than puts

Call options by funds: $11K | Put options by funds: $83K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$20
24%
upside
Avg. target
$20
24%
upside
High target
$20
24%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Roth MKM
Justin Clare
55% 1-year accuracy
12 / 22 met price target
24%upside
$20
Buy
Reiterated
14 Aug 2024

Financial journalist opinion

Neutral
Seeking Alpha
5 months ago
Enlight Renewable Energy Ltd (ENLT) Q1 2024 Earnings Call Transcript
Enlight Renewable Energy Ltd (NASDAQ:ENLT ) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Yosef Lefkovitz - Vice President & Corporate Finance Gilad Yavetz - Co-Founder & Chief Executive Officer Jason Ellsworth - Co-Founder, Clenera & Chief Executive Officer Nir Yehuda - Chief Financial Officer Conference Call Participants Justin Clare - ROTH MKM Maheep Mandloi - Mizuho Michael Fairbanks - JPMorgan David Paz - Wolfe Research Yosef Lefkovitz Good morning, everyone and thank you for joining our First Quarter 2024 Earnings Conference Call for Enlight Renewable Energy. Before beginning this call, I would like to draw participants' attention to the following: certain statements made on the call today, including but not limited to statements regarding business strategy and plans, our project portfolio, market opportunity, utility demand and potential growth, discussions with commercial counterparties and financing sources, pricing trends for materials, progress of company projects, including anticipated timing of related approvals and project completion and anticipated production delays, expected impact from various regulatory developments, completion of development, the potential impact of the current conflict in Israel on our operations and financial condition and company actions designed to mitigate such impact, expected changes in Clenera's leadership and the company's future financial and operational results and guidance, including revenue and adjusted EBITDA are forward-looking statements within the meaning of US Federal Securities law which reflect management's best judgment based on currently available information.
Enlight Renewable Energy Ltd (ENLT) Q1 2024 Earnings Call Transcript
Charts implemented using Lightweight Charts™