Morgan Stanley cuts target for Enel stock to EUR 8.50

Published on 10/16/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

On October 5, Goldman sees EUR 17.80 billion EBITDA. Enel stock is EUR 9.19 on October 16, 2026, up 1.77 percent versus the Xetra close.

Analyst view and valuation

Morgan Stanley lowered its Enel target from EUR 9.20 to EUR 8.50 on October 9, 2026.
Goldman Sachs projected nine-month EBITDA of EUR 17.80 billion on October 5, 2026.
Enel stock costs EUR 9.19 at Lang & Schwarz on October 16, 2026 at 4:05 p.m. CEST, 1.77 percent above the Xetra close of October 15, 2026.
Enel's price-to-earnings ratio was 22.96 and its market capitalization was EUR 91.2 billion on October 16, 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.

Morgan Stanley cut its Enel target from EUR 9.20 to EUR 8.50 on October 9, 2026, while keeping its Underweight rating, according to Teleborsa. The target is 8.12 percent below the EUR 9.19 Lang & Schwarz price. Enel stock was trading at EUR 9.19 at Lang & Schwarz on October 16, 2026 at 4:05 p.m. CEST, up 1.77 percent versus the Xetra close.

Goldman sees EUR 17.80 billion EBITDA

Goldman Sachs projected Enel's nine-month EBITDA at EUR 17.80 billion and net profit at EUR 5.70 billion to EUR 5.80 billion in a report published October 5, 2026. The bank's full-year net profit projection was EUR 7.47 billion, and the nine-month estimate represented more than 75 percent of that figure, according to Investing.com. The same report identified possible fourth-quarter restructuring charges as a counter-factor.

Enel stock stays inside its range

The stock's October 16 price sits within a 52-week range of EUR 8.40 to EUR 10.30. Its current level is 10.78 percent below the high and 9.40 percent above the low. Trading volume was 6,356,473 shares, versus an average of 18,716,380 shares.

Valuation and November results

Enel had a market capitalization of EUR 91.2 billion, a price-to-earnings ratio of 22.96 and a dividend yield of 0.05 percent on October 16, 2026. Goldman Sachs said Enel reports its nine-month results on November 12, 2026, according to Investing.com.

Comparison with peers

Enel (Borsa Italiana, EUR): plus 1.77 percent, P/E 22.96, market capitalization EUR 91.2 billion
Iberdrola (BME, EUR): plus 1.02 percent, P/E 19.94, market capitalization EUR 145.1 billion
RWE (Xetra, EUR): plus 1.48 percent, P/E 13.71, market capitalization EUR 45.8 billion

Price stays below the yearly high

For investors, the contrast is clear: Enel's October 16 gain was positive, but the stock remained 10.78 percent below its 52-week high. The analyst target cut and the November reporting date give the valuation discussion two concrete reference points.

The stock was trading at EUR 9.19 at Lang & Schwarz on October 16, 2026 at 4:05 p.m. CEST, 1.77 percent above the Xetra close of October 15, 2026 at EUR 9.03. The further course of trading is shown by the continuously updated real-time quote of Enel stock.