ENLT Stock Summary and Trading Ideas (Enlight Renewable Energy Ltd. - | NASDAQ:ENLT)

Enlight Renewable Energy Ltd develops, finances, constructs, owns, and operates utility-scale renewable energy projects. The company's operating segments are the MENA segment, Europe segment, U.S.A segment, and Others. It generates the majority of its revenue from the Europe segment, producing its revenue from the sale of the electricity which is produced through wind energy and solar energy in Europe.

Enlight Renewable Energy Ltd. - trades on the NASDAQ stock market under the symbol ENLT.

As of July 1, 2026, ENLT stock price declined to $87.09 with 223,695 million shares trading.

ENLT has a beta of 1.56, meaning it tends to be more sensitive to market movements. ENLT has a correlation of 0.17 to the broad based SPY ETF.

ENLT has a market cap of $12.17 billion. This is considered a Large Cap stock.

Last quarter Enlight Renewable Energy Ltd. - reported $200 million in Revenue and $.16 earnings per share. This beat revenue expectation by $34 million and exceeded earnings estimates by $.06.

In the last 3 years, ENLT traded as high as $108.65 and as low as $12.11.

The top ETF exchange traded funds that ENLT belongs to (by Net Assets): KOMP, CNRG, FPXI, RNRG, CCNR.

ENLT has outperformed the market in the last year with a return of +283.2%, while the SPY ETF gained +21.9%. In the last 3 month period, ENLT beat the market returning +35.5%, while SPY returned +18.3%. However, in the most recent 2 weeks ENLT has underperformed the stock market by returning -0.9%, while SPY returned -0.4%.

ENLT support price is $84.96 and resistance is $93.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ENLT shares will trade within this expected range on the day.