Enel stock holds at EUR 9.34 as Q2 context builds

Enel stock is steady as investors weigh the latest reported half-year context, a EUR 9.34 quote and the company's current valuation backdrop.

Enel S.p.A. (IT0003132476) traded at EUR 9.34 on August 28, 2026, and the shares were listed with a 1.83 percent year-to-date gain in the same market snapshot. The same data set puts the company at a market capitalization of roughly EUR 94 billion, giving investors a fresh size-and-price reference point.

What the latest report shows

For the latest reported quarter and half-year context, the company cited revenue of EUR 40.7 billion in the first half of 2026 and recurring EBITDA of EUR 11.0 billion. That half-year comparison matters because the company said recurring EBITDA rose 4.4 percent year over year, a concrete gain that helps explain why the valuation conversation has stayed firm.

Net ordinary income for the same six-month period reached EUR 3.6 billion, while net debt stood at EUR 56.1 billion at June 30, 2026. The balance between higher operating profit and still-heavy debt remains the central metric pair for Enel shares.

Valuation and timing

The market still values the stock at a 2026 price-to-earnings ratio of 10.4x and a price-to-book ratio of 1.09x in the same portal view. Compared with the 5.66 percent year-to-date gain shown for the share in a separate market snapshot, the stock is pricing in execution rather than a deep discount.

For investors tracking timing, the most recent earnings-release marker in the market data points to the next quarterly update on November 12, 2026. That date keeps the focus on whether the second-half earnings bridge can hold after the first-half numbers.

Enel's power mix

Enel's power generation, distribution and customer supply business remains centered on regulated networks and electricity demand across multiple markets. The scale of that footprint is what makes recurring EBITDA and net debt more important than any single tariff move.

Stock level

Enel shares last changed hands at EUR 9.34 on August 28, 2026, with the latest market snapshot showing a 1.83 percent year-to-date gain. The valuation backdrop leaves the stock priced for steady execution rather than a dramatic rerating.

Fact box

Company: Enel S.p.A.

ISIN: IT0003132476

Ticker: ENEL

Exchange: Borsa Italiana

Price (as of August 28, 2026): EUR 9.34

Market cap: EUR 94 billion

Sector / Industry: Utilities / Electric Utilities

Index membership: FTSE MIB

Next earnings date: November 12, 2026