Enlight – A Shooting Star In Renewable Energy

Performance has been impressive.

The business plan is aggressive.

Yet again, the AI-related data centre buildout is driving massive demand.

So what does AI say about the soaring share price?

Shares in Enlight Renewable Energy (NASDAQ: ENLT) have been rising strongly, reaching a new 52-week high in April 2026 and showing an ~84% year-to-date gain, driven by record-breaking financial results and massive growth, particularly in the US and European energy markets. As of late April 2026, the company has gained over 440% over the past year. 

The strong performance is fueled by several key factors:

• Record 2025 Earnings & Strong 2026 Outlook: In early 2026, Enlight reported a 46% year-over-year revenue increase to $582M for 2025, with net income surging by 142%. For 2026, the company projected another 32% growth in revenue and 27% in adjusted EBITDA, highlighting a strong pipeline for the year.
• Rapid Expansion of Operating Capacity: The company is successfully delivering large-scale projects ahead of schedule, notably the Roadrunner (Arizona) and Quail Ranch (New Mexico) projects, which doubled its U.S. operating portfolio.
• Surging Demand for Renewables: The company is benefiting from rising global electricity demand driven by data centers and AI applications, with a strategic focus on expanding its storage portfolio in Europe (e.g., Project Jupiter in Germany) and the U.S..
• Increased Investor Confidence: Investors are positioning ahead of the Q1 2026 earnings report scheduled for May 5, betting that continued operational success will justify the high valuation.
• Project Financing Success: The company secured over $4 billion in new funding in 2025 for future projects, boosting investor confidence in its ability to execute its expansion strategy. 

Valuation Note: Despite the strong performance, some analysts consider the stock “Ultra Expensive” or overvalued, as the current price reflects very high future growth expectations. 

Enlight ticks all the boxes for me: fantastic chart, strong growth, great story, and a huge following wind from the AI data centre build-out.

Share Recommendations

Enlight Renewable Energy. ENLT

Strategy – Make Sure Your Portfolio Is Aligned With The Hardware And Energy Winners

There is a huge shuffling of portfolios happening as investors chase the emerging winners in the AI boom. Look at the chart above of the demand for electricity by data centres in the USA. It is staggering what is happening, and companies are battling to meet insatiable demand.