Enel stock gains 1.51 percent after solar deal

Published on 10/03/2026 at 23:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enel stock stood at EUR 8.80 on October 2, 2026, with a 52-week range of EUR 8.11 to EUR 10.31. First-half EBITDA rose 3% to EUR 11.8 billion.

Extreme Nahaufnahme einer Solarzelle mit Wassertropfen und Gitterlinien — Makroaufnahme einer Solarzellenoberfläche veranschaulicht die Photovoltaik-Technologie von Enel S.p.A., ISIN IT0003128367, im Detail, Illustration mit AI erstellt.

Enel (ISIN IT0003128367) was last at EUR 8.80 on Borsa Italiana on October 2, 2026, up 1.51% from the prior close. The move followed Enel announcing on October 2, 2026, that it had finalized the acquisition of a portfolio of solar plants in the United States.

Solar deal broadens US renewables

The transaction adds operating solar capacity to Enel's US platform and extends the group's renewable portfolio in a market where project ownership can support long-term generation and customer supply. The announcement gives the stock a concrete corporate event after the company's first-half results.

Enel's investor-relations page identifies July 30, 2026, as the presentation date for its first-half results, while the Yahoo Finance transcript from that presentation reports first-half EBITDA of EUR 11.8 billion and net income of EUR 3.9 billion, both up 3% year over year.

First-half earnings rose 3%

The same transcript puts first-half earnings per share at EUR 0.40, up 5% year over year, and says Enel expects full-year 2026 EPS of EUR 0.74 at the top end of its guidance range. Net debt to EBITDA stood at 2.6x in the first half, giving investors a quantified measure of leverage alongside the earnings growth.

The operating mix is also shifting toward networks and regulated activities. The transcript says distribution EBITDA reached EUR 4.8 billion, up 10% year over year, and represented 41% of group EBITDA in the first half.

Bernstein keeps a EUR 9.80 target

finanzen.net reports that Bernstein Research maintained its Market-Perform rating and EUR 9.80 price target on September 25, 2026. Against the EUR 8.80 reference price, that target is EUR 1.00 higher, or 11.4% above the price.

Stock remains below yearly high

Enel stock was last at EUR 8.80 on October 2, 2026, at 5:35 p.m. CEST. The session range was EUR 8.68 to EUR 8.85, while the 52-week range stood at EUR 8.11 to EUR 10.31 and market capitalization was EUR 87.3 billion.