Enerjisa stock gained 2.24 percent as CFO transition nears November 1, 2026

Published on 10/08/2026 at 03:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enerjisa stock heads toward a November 1, 2026 CFO transition after H1 underlying net income reached TRY 6.4 billion. Revenue was TRY 117.1 billion.

Enerjisa, TREENSA00014, Illustration mit AI erstellt.

Enerjisa Enerji A.S. stock (ISIN TREENSA00014) gained 2.24 percent to TRY 114.10 on Borsa Istanbul on October 7, 2026. The company will appoint Joanna Kepczynska as chief financial officer on November 1, 2026, replacing Philipp Ulbrich, according to Dunya on September 29, 2026.

CFO transition begins November 1

Kepczynska currently serves as a management board member and CFO of E.ON Polska, while Ulbrich has held the Enerjisa CFO role since June 2023, Dunya reported on September 29, 2026. The change matters because Enerjisa is executing a large investment program while financing costs and tariff-related cash effects remain central to its outlook.

Quartr reported that H1 2026 revenue fell 7 percent year over year to TRY 117.1 billion, while net profit reached TRY 2.75 billion from a TRY 361 million loss in the prior-year period. That comparison makes earnings quality more important than the revenue decline for the stock.

Guidance rises with investment

Enerjisa's H1 2026 underlying net income rose 52 percent year over year to TRY 6.4 billion, and operational earnings increased 9 percent to TRY 38.8 billion, according to Quartr. Management raised 2026 operational earnings guidance to TRY 80 billion-TRY 85 billion and underlying net income guidance to TRY 13 billion-TRY 15 billion, while investments are planned at TRY 30 billion-TRY 35 billion.

The balance between earnings and funding is visible in free cash flow after interest and tax, which was negative TRY 7.5 billion in H1 2026, while investments rose 127 percent year over year to TRY 8.3 billion, Quartr said. For investors, the CFO handover arrives alongside a higher earnings target and heavier capital spending.

Analyst target stands above TRY 114.10

The consensus published by Yatirimci AI on September 10, 2026, covered 10 brokers and showed a Buy consensus. The average target was TRY 154.35, the median was TRY 158.40, the high was TRY 183.95 and the low was TRY 112.80.

Against the October 7 stock price, the average target lies 35.3 percent above the price. The spread is material: the low target sits below the market price, while the average and median targets remain higher.

Stock remains below its yearly high

Enerjisa stock was last at TRY 114.10 on Borsa Istanbul on October 7, 2026, with a daily volume of 1,972,259 shares. Its 52-week range was TRY 72.45 to TRY 127.90, placing the price 10.8 percent below the yearly high.