Enlight Renewable Energy stock: JPMorgan cuts target to USD 65.00 for Enlight Renewable Energy stock

Published on 10/21/2026 at 16:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for November 3, 2026. Enlight Renewable Energy stock was USD 71.36 on October 21, 2026, up 2.77 percent on Nasdaq.

Analyst target and reporting date

JPMorgan Chase cut its Enlight Renewable Energy target from USD 80.00 to USD 65.00 on October 19, 2026.
Enlight Renewable Energy scheduled third-quarter results for November 3, 2026.
Enlight Renewable Energy stock was USD 71.36 on Nasdaq on October 21, 2026 at 10:28 a.m. ET, up 2.77 percent versus the prior close of USD 69.44.

Enlight Renewable Energy, IL0007200111, Illustration mit AI erstellt.

Enlight Renewable Energy (ISIN IL0007200111) faced a lower valuation marker after JPMorgan Chase cut its price target from USD 80.00 to USD 65.00 on October 19, 2026, while keeping an Underweight rating, as Business Insider reported. On Nasdaq, the stock was USD 71.36 on October 21, 2026 at 10:28 a.m. ET, up 2.77 percent versus the prior close of USD 69.44 on October 20, 2026.

Results date sets the next marker

Enlight Renewable Energy has scheduled its third-quarter 2026 results for November 3, 2026. The date gives investors a defined checkpoint for project execution, revenue growth and the company outlook before the end of the year.

That calendar event is separate from the JPMorgan target revision. The analyst change puts valuation in the foreground, while the upcoming report can test whether operating progress supports the company's earnings expectations.

Stock remains below its yearly high

The Nasdaq quote stood at USD 71.36, compared with a 52-week high of USD 108.65 and a 52-week low of USD 32.84. The price was 34.32 percent below the high and 117.47 percent above the low on October 21, 2026.

The stock's 2.77 percent intraday gain left it below the high despite the positive session. Trading volume reached 54,325 shares at the quoted time, while the market capitalization stood at USD 10.0 billion.

Valuation and operating scale

Enlight Renewable Energy carried a price-to-earnings ratio of 115.76 on October 21, 2026. That multiple is materially above the levels of the two renewable-energy peers listed below, making the JPMorgan valuation argument concrete rather than purely directional.

The company operates in renewable utilities and develops wind, solar and energy-storage projects. Its investor materials describe listings on Nasdaq and the Tel Aviv Stock Exchange, while its latest full-year financial data show revenue of USD 488.6 million in fiscal year 2025, compared with USD 377.9 million in fiscal year 2024.

Comparison with peers

Enlight Renewable Energy: up 2.77 percent, price-to-earnings ratio 115.76, market capitalization USD 10.0 billion.

NextEra Energy (NYSE, USD): down 0.71 percent, price-to-earnings ratio 17.55, market capitalization USD 163.3 billion.

Enphase Energy (Nasdaq, USD): up 0.53 percent, price-to-earnings ratio 32.29, market capitalization USD 4.3 billion.

Target cut meets a defined date

The combination of a USD 65.00 JPMorgan target and the November 3, 2026 results date gives the stock two measurable reference points. The Nasdaq price of USD 71.36 remains above the revised target, so the next results will matter for the relationship between project growth and valuation.

The stock was trading at USD 71.36 on Nasdaq on October 21, 2026 at 10:28 a.m. ET, up 2.77 percent versus the prior close of USD 69.44 on October 20, 2026.