Jefferies keeps EUR 10.60 target for Enel stock

Published on 10/21/2026 at 09:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enel stock trades at EUR 9.16 on October 21, 2026, 0.33 percent below the Xetra close. Nine-month results follow on November 12, 2026.

Targets, earnings and timing

Jefferies kept its EUR 10.60 target for Enel on October 19, 2026.
First-half 2026 revenue rose 0.30 percent to EUR 40.919 billion.
Enel stock trades at EUR 9.16 at 9:03 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.33 percent below the Xetra close of October 20, 2026.

Aquarellbild der Rom-Skyline mit Kuppeln und Dächern bei Abenddämmerung — Aquarellmalerei der Rom-Skyline repräsentiert den Firmensitz von Enel S.p.A., ISIN IT0003128367, im italienischen Energiemarkt, Illustration mit AI erstellt.

Enel (ISIN IT0003128367) trades at EUR 9.16 at Lang & Schwarz on October 21, 2026 at 9:03 a.m. CEST, 0.33 percent below the Xetra close of October 20, 2026 at EUR 9.19. According to MarketScreener on October 19, 2026, Jefferies kept its Buy rating and EUR 10.60 target for the Italian utility.

Target stays above the quotation

The Jefferies target stands EUR 1.44 above the Lang & Schwarz price, a gap of 15.72 percent based on the current euro quotation. MarketScreener reported that analyst Arturo Murua retained the Buy view, while its consensus page showed 23 analysts and an average target of EUR 10.24.

Enel's recent company financing milestones provide the chronology. The company launched a EUR 2.50 billion bond on May 19, 2026, then placed a USD 2.50 billion multi-tranche bond on July 7, 2026, according to Enel. Jefferies' October 19, 2026 rating update is the latest dated event in this sequence.

What will the next results test?

The first-half 2026 figures show modest top-line growth alongside stronger operating earnings. Rankia reported revenue of EUR 40.919 billion, up 0.30 percent from the same period of 2025, while ordinary EBITDA rose 3.20 percent to EUR 11.838 billion and ordinary net income increased 2.80 percent to EUR 3.929 billion.

Debt is the counterweight. Net financial debt reached EUR 61.011 billion at June 30, 2026, compared with EUR 57.182 billion at the end of 2025, according to the same dated financial review. That balance between earnings growth and funding needs will shape the market's reading of the next report.

Results date sets the next test

The next reporting date is November 12, 2026, when Enel is scheduled to publish its first nine-month results, according to Rankia. Investors will have a concrete checkpoint for the 2026 earnings outlook and debt trajectory.

Stock holds above EUR 9

Enel's market capitalization is EUR 91.3 billion as of October 21, 2026, while the 52-week range is EUR 8.41 to EUR 10.31 as of October 20, 2026. The current quote is therefore EUR 0.33 below the midpoint of that range and remains closer to the annual low than the annual high.

Enel stock was trading at EUR 9.16 at Lang & Schwarz on October 21, 2026 at 9:03 a.m. CEST, 0.33 percent below the Xetra close of October 20, 2026 at EUR 9.19. The further course of trading is shown by the continuously updated real-time quote of Enel stock.