Mizuho cuts target for Enlight Renewable Energy stock to USD 41.00
Published on 10/14/2026 at 11:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst pressure and scheduled results
- The October 13, 2026 Mizuho note cut the target from USD 45.00 to USD 41.00.
- Enlight Renewable Energy will publish third-quarter 2026 results on November 3, 2026.
- Enlight Renewable Energy stock costs USD 70.44 at Nasdaq on October 13, 2026, up 2.53 percent on the day.
- The company had a USD 9.8 billion market capitalization and a P/E ratio of 117.93 on October 13, 2026.
Mizuho analyst Maheep Mandloi cut the price target for Enlight Renewable Energy from USD 45.00 to USD 41.00 on October 13, 2026, while retaining an Underperform rating, according to Markets Insider. The revised target lies 41.79 percent below the Nasdaq price of USD 70.44. Enlight Renewable Energy was trading at USD 70.44 on October 13, 2026 at 4:00 p.m. ET, up 2.53 percent on Nasdaq.
Target cut contrasts with results date
Enlight Renewable Energy is scheduled to release its third-quarter 2026 financial results before the Tel Aviv Stock Exchange opens on November 3, 2026. The company will hold an English conference call at 8:00 a.m. ET, according to Yahoo Finance.
The date gives investors a defined near-term event, while the Mizuho target cut places valuation under scrutiny. The distance between USD 70.44 and USD 41.00 is material, but the two figures represent different market views rather than the same trading measure.
Nasdaq price sits below yearly high
At USD 70.44, the stock stood 35.16 percent below its 52-week high of USD 108.65 on October 13, 2026. It remained 115.08 percent above the 52-week low of USD 32.75, leaving the shares well inside the annual range.
Trading volume was 263,971 shares on October 13, 2026, versus an average volume of 183,465 shares. That represents 43.88 percent more volume than the stated average and adds a measurable activity signal to the price report.
Valuation and renewable peers
Enlight Renewable Energy had a market capitalization of USD 9.8 billion and a P/E ratio of 117.93 on October 13, 2026. The valuation profile differs sharply from two renewable and power peers quoted in the United States.
Comparison with peers
Enlight Renewable Energy (Nasdaq, USD): plus 2.53 percent, P/E 117.93, market capitalization USD 9.8 billion.
Brookfield Renewable Partners (NYSE, USD): minus 1.55 percent, P/E 62.26, market capitalization USD 8.8 billion.
AES (NYSE, USD): plus 0.07 percent, P/E 5.70, market capitalization USD 10.7 billion.
What the next date brings
The November 3, 2026 results date is the next scheduled company event and will provide the next reported period for comparison with the second quarter of 2026. Until then, the stock combines a USD 41.00 Mizuho target with a USD 70.44 Nasdaq price and a P/E ratio of 117.93.
Market context: Market report Nasdaq Composite.
Enlight Renewable Energy market data
- Company: Enlight Renewable Energy Ltd
- ISIN: IL0007200111
- Ticker: ENLT
- Primary exchange: Nasdaq
- Price Nasdaq (as of October 13, 2026, 4:00 p.m. ET): USD 70.44
- Change versus prior close: plus 2.53 percent
- Market capitalization: USD 9.8 billion (as of October 13, 2026)
- 52-week range: USD 32.75-108.65 (as of October 13, 2026)
- Sector / Industry: Utilities / Renewable Utilities
