Enlight Renewable Energy (ENLT)

• Market cap: $2.03B
• 1 day: -2.17%
• 5 days: -0.87%
• 1 month: 4.01%
• 3 months: 11.90%
• 6 months: 9.89%
• Year to date: -1.27%
• 1 year: -6.60%
• 5 years: -3.61%
• 10 years: -3.61%

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

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

• Low target: $21 23% upside
• Avg. target: $21 23% upside
• High target: $21 23% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barclays Christine Cho 57% 1-year accuracy 27 / 47 met price target

23% upside $21

Overweight Maintained

15 Nov 2024