Oppenheimer Ups EnerSys (ENS) Target After Strong Q1, Maintains Outperform

EnerSys (NYSE:ENS) is one of the best battery tech stocks to buy right now. Oppenheimer raised its price target on EnerSys (NYSE:ENS) to $120, up from the previous target of $101, on August 8. The firm also maintained its Outperform rating on the stock. This comes after EnerSys reported stronger-than-expected results for the first quarter of fiscal year 2026. Both revenue and earnings came in above analysts’ estimates, which seemed to give the stock a boost on Thursday.

Oppenheimer Ups EnerSys (ENS) Target After Strong Q1, Maintains Outperform

In addition to the solid Q1 results, EnerSys also provided earnings guidance for the second quarter that was in line with what the market had been expecting. This helped support investor confidence and may point to continued stability in the company’s performance going forward. Shares of EnerSys are currently trading at $96. With Oppenheimer’s new price target set at $120, the upside potential for the stock, according to Oppenheimer, is 25%.

EverSys (NYSE:ENS) specializes in advanced stored energy solutions, producing industrial batteries used in motive power, reserve power, and specialty applications. Their technology supports critical sectors like telecommunications, aerospace, and material handling, making them a key player in battery innovation and infrastructure.

While we acknowledge the risk and potential of ENS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ENS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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