Enlight Renewable Energy (ENLT)

• Market cap: $1.93B
• 1 day: -2.28%
• 5 days: -2.75%
• 1 month: -2.16%
• 3 months: 7.52%
• 6 months: 0.37%
• Year to date: -6.00%
• 1 year: -5.57%
• 5 years: -8.23%
• 10 years: -8.23%

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

25% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 16

6% more capital invested

Capital invested by funds: $614M [Q2] → $653M (+$39.5M) [Q3]

3% more funds holding

Funds holding: 58 [Q2] → 60 (+2) [Q3]

0.4% more ownership

Funds ownership: 32.48% [Q2] → 32.87% (+0.4%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

4% less call options, than puts

Call options by funds: $44K | Put options by funds: $46K

Research analyst outlook

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

• Low target: $18 10% upside
• Avg. target: $19.50 20% upside
• High target: $21 29% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

JP Morgan Mark Strouse 37% 1-year accuracy 19 / 51 met price target	11% upside $18	Neutral Maintained	23 Jan 2025
Barclays Christine Cho 53% 1-year accuracy 30 / 57 met price target	29% upside $21	Overweight Maintained	15 Nov 2024