Enlight Renewable Energy Ltd Dossier
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SectorUtilities IndustryUtilities - Renewable Beta (adjusted)0.95 Intrinsic Value $48.47median of 6 methods · middle span $20-$71based on filings through 31 Dec 2025 Market Price $69.41Price as of 30 Sep 2026 OvervaluedIntrinsic value is 30% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $9.7B Enterprise Value $14.2B Shares Outstanding 123.7M diluted Moat Rating None Next Earnings Date4 Nov 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Enlight reported strong first-half execution, raised its 2026 guidance and expanded its mature portfolio, while maintaining a large construction and development program across the United States, Europe and MENA. The central opportunity is conversion of 12.3 FGW of mature projects into an approximately USD 2.2-2.3 billion annual revenues-and-income run rate by year-end 2028. The offset is substantial execution, financing, power-price, regulatory and tax-credit exposure. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$45.00 Mean target$87.88 High · most bullish analyst$115.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $45.0018% The bear case reflects construction delays, cost pressure, weaker merchant electricity prices, adverse currency movements, reduced tax-credit realization or financing constraints. These factors could slow conversion of the development portfolio and undermine the planned 2028 revenues-and-income run rate. Base CaseCentral scenario $87.8858% Matches the consensus meanThe base case assumes delivery within the raised 2026 guidance ranges and material progress toward management's expectation that 87% of the mature portfolio will be operating or under construction by year-end 2026. Bull CaseUpside scenario $115.0024% The bull case assumes timely commissioning of projects under construction, continued storage-led portfolio expansion and delivery near the upper ends of 2026 guidance and the 2028 run-rate objective. The 4.5-FGW under-construction component and 3.9-FGW pre-construction component provide identifiable capacity conversion opportunities. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |