Bernstein keeps EUR 9.80 target for Enel stock

Published on 10/05/2026 at 12:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half EBITDA and net income rose 3.00 percent year on year. Enel stock costs EUR 8.77 on October 5, 2026 versus EUR 8.83.

Aquarellbild der Rom-Skyline mit Kuppeln und Dächern bei Abenddämmerung — Aquarellmalerei der Rom-Skyline repräsentiert den Firmensitz von Enel S.p.A., ISIN IT0003128367, im italienischen Energiemarkt, Illustration mit AI erstellt.

Enel stock (IT0003128367) was trading at EUR 8.77 at Lang & Schwarz on October 5, 2026 at 12:43 p.m. CEST, down 0.68 percent from the EUR 8.83 prior close. Bernstein Research kept its Market-Perform rating and EUR 9.80 price target for Enel on September 25, 2026, according to FinanzNachrichten.

First-half earnings support the target

Enel's investor-relations page identifies July 30, 2026 as the date of its first-half results presentation, as shown on the Enel investor-relations page. The presentation reported first-half 2026 EBITDA of EUR 11.8 billion and net income of EUR 3.9 billion, both up 3.00 percent year on year, according to Yahoo Finance.

The same first-half 2026 presentation put earnings per share at EUR 0.40, up 5.00 percent, and pointed to full-year 2026 earnings per share of EUR 0.74 at the high end of guidance. That combination gives Bernstein's EUR 9.80 target a direct operational reference rather than relying only on sector sentiment.

Cash generation meets leverage discipline

Recurring free cash flow reached EUR 6.1 billion in the first half of 2026, while Enel's net debt stood at EUR 60.0 billion, or EUR 61.0 billion including the stated additional component, according to Yahoo Finance. The figures frame the stock's valuation around execution and balance-sheet capacity, not just the analyst target.

Stock remains below its yearly high

Enel had a market capitalization of EUR 87.0 billion and a 52-week range of EUR 7.50 to EUR 10.31 as of October 5, 2026. At EUR 8.77, the stock stood 14.94 percent below the 52-week high, while the Bernstein target was 11.74 percent above the Lang & Schwarz price.

Lang & Schwarz quote sets the reference

At Lang & Schwarz, Enel was trading at EUR 8.77 on October 5, 2026 at 12:43 p.m. CEST, down 0.68 percent versus the prior close of EUR 8.83 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Enel stock.