Enlight Renewable Energy Ltd (ENLT): A Bull Case Theory

We came across a bullish thesis on Enlight Renewable Energy Ltd (ENLT) on MarketBeat’s YouTube channel. In this article, we will summarize the bulls’ thesis on ENLT. Enlight Renewable Energy Ltd (ENLT)’s share was trading at $52.52 as of January 13th. ENLT’s trailing and forward P/E were 55.28 and 97.09 respectively according to Yahoo Finance.

Enlight Renewable Energy (ENLT) is an Israel based renewable energy company operating a diversified platform across solar, wind, and energy storage, with a focus on fully operational, cash generating projects rather than speculative developments. While some investors worry that shifting US political sentiment could pressure renewables, this concern is largely misplaced for ENLT, as the company is primarily expanding internationally across Europe, Israel, and select global markets where demand for clean and reliable power continues to strengthen.

Enlight has built a substantial footprint, with roughly 20 gigawatts of multi technology generation capacity and more than 35 gigawatts of energy storage capacity in its development and operating pipeline, positioning it as a scalable power provider at a time when global electricity demand is structurally rising. The company’s recent performance underscores this strength, with third quarter revenue growing 46% year over year and net profit rising 33% to $32 million, prompting management to raise full year guidance.

One of the most striking data points is the rapid expansion of battery storage, which increased from 2.1 gigawatt hours in 2022 to 11.8 gigawatt hours by Q3 2025, highlighting Enlight’s ability to execute and capitalize on grid level storage demand. Following earnings, the stock surged to a 52 week high above $40 before pulling back, though it remains up roughly 125% year to date.

Despite the sharp run, analysts at firms such as UBS and Barclays see meaningful upside relative to current levels, suggesting further appreciation over the next year. While geopolitical concerns and lower institutional ownership may cause short term volatility, Enlight’s operational assets, strong growth trajectory, and global exposure support a compelling long term investment case.

Previously, we covered a bullish thesis on Enphase Energy, Inc. by OppCost in May 2025, which highlighted the company’s transition toward an integrated home energy solutions platform and long term electrification tailwinds. The company’s stock price has depreciated by approximately 26.85% since our coverage. This is because near term demand headwinds and policy changes delayed the thesis. However, long term technology and ecosystem case remains intact. MarketBeat shares a similar thesis but emphasizes utility scale, internationally diversified renewable assets with visible cash generation.

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Disclosure: None.