Enlight Renewable Energy Ltd. (ENLT) experienced a significant surge of 9.92% during intraday trading on Tuesday, reflecting strong investor sentiment following the release of its latest financial results.
The dramatic price increase is directly attributed to the company's robust fourth-quarter 2025 earnings report, which showed substantial year-over-year growth. Enlight posted quarterly earnings of $0.10 per share, a 150% increase from $0.04 per share in the same period last year, and notably exceeded the FactSet consensus estimate of a $0.07 loss. Revenue for the quarter reached $152 million, marking a 46% increase, while net income surged 153% to $21 million.
Further bolstering investor confidence was the company's optimistic outlook for 2026. Enlight provided revenue guidance ranging from $755 million to $785 million, surpassing the FactSet estimate of $752.3 million. The company also plans to commission 1.1 FGW of new capacity in 2026, which is expected to add approximately $137 million in annualized revenue. Key drivers behind the strong quarterly performance included contributions from newly operational projects and successful expansion in the U.S. market.