The raised guidance and strong operating cash flow generation support the company's growth trajectory. Monitor progress on the CO-Bar complex construction (phases 4 and 5 now under construction) and the European storage expansion, which is expected to add ~$300M to annual revenue run rate.
How the stock moved after the report
⚠ Clustered BULLISH VIEWSTOCK ABOVE ENTRY AT T+5- T+0 · Nov 3 $64.75entry
- T+1 · 6d ago +4.48%α +2.83% · $67.65
- T+5 · 11h ago +8.91%α +9.50% · $70.52
- T+20 · in 22d Pending
- T+60 · in 3mo Pending
Price Chart
How similar events traded
Executive Summary
Enlight Renewable Energy reported Q3 2026 total revenues and income of $231M (+40% YoY) and Adjusted EBITDA of $154M (+38% YoY), while raising full-year 2026 guidance for both revenue ($810M-$830M, from $790M-$820M) and Adjusted EBITDA ($575M-$590M, from $565M-$585M). Net income was $34M vs $32M a year ago, with a one-time $20M PPA termination charge. The company's portfolio grew to 46.2 FGW (+7.1% QoQ) and it expects 12 FGW operating capacity by end-2028.
Key Financial Metrics
Key Facts
- Q3 2026 total revenues and income of $231M, up 40% YoY from $165M
- Q3 2026 Adjusted EBITDA of $154M, up 38% YoY from $112M
- Q3 2026 net income of $34M vs $32M YoY; excluding one-time items, net income up 76%
- Full-year 2026 revenue guidance raised to $810M-$830M (from $790M-$820M)
- Full-year 2026 Adjusted EBITDA guidance raised to $575M-$590M (from $565M-$585M)
- Operating cash flow of $104M in Q3, up 26% YoY; $289M in 9M 2026, up 39% YoY
- Total portfolio grew to 46.2 FGW, up 7.1% from prior quarter
- Mature portfolio (operating/under construction/pre-construction) at 12.7 FGW, expected to generate ~$2.365B annual revenue run rate
- Under-construction component expected to contribute ~$1.05B in first full year of operation
- Company expects 12 FGW operating capacity and $2.2-$2.3B annual revenue run rate by end-2028
Financial Impact
Revenue growth of 40% YoY, Adjusted EBITDA growth of 38% YoY, guidance raised for both metrics
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| MENA | $98.6M | +27.0% |
| Europe | $52.2M | +16.0% |
| USA | $80.2M | +90.0% |
Risk Factors
- One-time $20M PPA termination expense for Rustic Hills and Gemstone projects reflects changing U.S. market conditions
- Electricity trading in Israel, while growing, carries low margins
- Large project pipeline requires continued access to financing; $5.6B in consolidated long-term debt
- Construction and regulatory risks across multiple geographies and projects
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3394003 |
Track record
36 reports on ENLT
5 of 8 bullish or bearish reports moved the stock their way by T+1. Best: +38.14% at T+20 after the Mar 30, 2026 report. 7 of 8 went positive at some point.
Filters
- Nov 10, 2026today 6-K Neutral 4/10 Entry $70.73 Now $70.52 −0.30% settles Nov 12
- Nov 10, 2026today 424B5 Neutral 3/10 Entry $69.39 Now $70.52 +1.63% settles Nov 12
- Nov 9, 20261d ago Institutional Cluster Neutral 3/10 Entry $69.93 to $70.52 Now $70.52 +0.84% ▲ +0.84% +1.21% vs SPY
- Nov 3, 20267d ago 6-K Bullish 6/10 No price data
- Nov 3, 20267d ago Press Release Bullish 6/10 Viewing Entry $64.75 to $67.65 Now $70.52 +8.91% ▲ +4.48% +2.83% vs SPY
- Nov 2, 20268d ago 3 Neutral 1/10 Entry $66.49 to $64.75 Now $70.52 +6.06% ▼ −2.62% −2.92% vs SPY
- Oct 28, 202613d ago 6-K Neutral 2/10 Entry $67.83 to $68.89 Now $70.52 +3.97% ▲ +1.56% +1.94% vs SPY
- Oct 13, 202628d ago Press Release Neutral 1/10 Entry $70.44 to $69.12 Now $70.52 +0.11% ▼ −1.87% −0.79% vs SPY
- Oct 13, 202628d ago 6-K Neutral 2/10 Entry $70.44 to $69.12 Now $70.52 +0.11% ▼ −1.87% −0.79% vs SPY
- Oct 5, 20265w ago Insider Cluster Neutral 3/10 Entry $65.94 to $67.58 Now $70.52 +6.95% ▲ +2.49% +1.94% vs SPY
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers