Morgan Stanley cuts target for Enel stock to EUR 8.50

Published on 10/09/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs projects nine-month EBITDA of EUR 17.80 billion for Enel. Enel stock trades at EUR 8.84 on October 9, 2026 after EUR 8.81.

Key points in brief

Morgan Stanley cut its Enel price target from EUR 9.20 to EUR 8.50 on October 9, 2026 and kept Underweight.
Goldman Sachs projects nine-month 2026 EBITDA of EUR 17.80 billion and net profit of EUR 5.70 billion to EUR 5.80 billion.
Enel stock was at EUR 8.84 at Lang & Schwarz on October 9, 2026, plus 0.34 percent versus the EUR 8.81 prior close.
Enel's planned 2026 to 2028 investments total EUR 53.00 billion, while a United States solar portfolio adds 270 MW.

Bunte Pop-Art-Comic-Illustration mit Windturbine, Solarpanels und stilisierter Sonne — Pop-Art-Comic mit Windturbine und Solarpanels symbolisiert die grüne Energiewende von Enel S.p.A., ISIN IT0003128367, Illustration mit AI erstellt.

Enel stock (ISIN IT0003128367) was trading at EUR 8.84 at Lang & Schwarz on October 9, 2026 at 11:14 a.m. CEST. On the same date, Morgan Stanley cut its Enel price target from EUR 9.20 to EUR 8.50 and kept its Underweight rating, as Teleborsa reported. The target reduction equals 7.61 percent, putting the new target EUR 0.34 below the Lang & Schwarz price.

What does the target cut change?

The latest analyst action contrasts with Enel's operating investment story. Morgan Stanley's new EUR 8.50 target is below the market reference price, while the bank retained its Underweight view on the utility, according to Teleborsa.

Goldman Sachs projected nine-month 2026 EBITDA of EUR 17.80 billion and net profit of EUR 5.70 billion to EUR 5.80 billion. The bank said those figures would represent more than 75 percent of its full-year net profit projection of EUR 7.47 billion, while also flagging possible fourth-quarter restructuring charges, as Investing.com reported on October 5, 2026.

Three events shape the picture

On February 23, 2026, Enel presented a 2026 to 2028 strategic plan with EUR 53.00 billion of investments, up EUR 10.00 billion from its previous plan, according to Enel. On October 2, 2026, the company finalized the acquisition of a United States solar portfolio with stated capacity of 270 MW, according to Enel. The current October 9 target action completes this three-step chronology with a more cautious valuation signal.

When are the next figures due?

Enel's next nine-month 2026 report is scheduled for November 12, 2026, according to Investing.com. That release will provide the next reported test of the earnings path behind the current analyst disagreement.

Enel stock stays near its yearly range

The Lang & Schwarz quote of EUR 8.84 stood EUR 1.47 below the 52-week high of EUR 10.31 and EUR 0.54 above the 52-week low of EUR 8.30 on October 9, 2026. The reference price was plus 0.34 percent versus the EUR 8.81 prior close at Lang & Schwarz on October 8, 2026.

The further course of trading is shown by the continuously updated real-time quote of Enel stock.