Enel stock: J.P. Morgan keeps Buy rating with EUR 10.40 target for Enel stock

Published on 10/23/2026 at 15:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enel reports nine-month results on November 11, 2026. Enel stock costs EUR 9.15 on October 23, 2026, down 0.54 percent versus the Xetra close.

Analyst target and reporting date

J.P. Morgan maintained a Buy rating and a EUR 10.40 target for Enel on October 20, 2026.
Enel is scheduled to release its third-quarter 2026 results on November 11, 2026.
Enel stock costs EUR 9.15 at Lang & Schwarz on October 23, 2026 at 3:03 p.m. CEST, 0.54 percent below the Xetra close of October 22, 2026.
Enel trades at a 22.85 price-to-earnings ratio with a EUR 90.8 billion market capitalization as of October 23, 2026.

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J.P. Morgan maintained a Buy rating on Enel and kept its EUR 10.40 price target on October 20, 2026, according to Markets Insider. The target is 13.66 percent above the EUR 9.15 price at Lang & Schwarz on October 23, 2026 at 3:03 p.m. CEST, which is 0.54 percent below the Xetra close of October 22, 2026.

Target leaves room above price

The latest analyst action keeps the valuation discussion centered on a gap between the current quotation and the target. J.P. Morgan's target is EUR 10.40, while Jefferies maintained a EUR 10.60 target on October 19, 2026, according to MarketScreener. That difference puts the two cited targets EUR 0.20 apart.

Results date and operating base

MarketScreener lists November 11, 2026 as the earnings release date for Enel's third quarter. The company had reported first-half 2026 revenue of EUR 40.9 billion, up 0.30 percent from the first half of 2025, while ordinary EBITDA rose 3.20 percent to EUR 11.8 billion, according to Rankia. The upcoming report will therefore provide the next period comparison for revenue, earnings and debt.

How does Enel compare?

Enel's valuation sits above the figures for two large European utility peers on October 23, 2026. Iberdrola stock was down 0.32 percent with a 20.83 price-to-earnings ratio and a EUR 144.6 billion market capitalization, while RWE stock was down 3.34 percent with a 12.84 ratio and a EUR 42.9 billion market capitalization.

Price position and dates

Enel's EUR 8.41 to EUR 10.31 52-week range, updated October 22, 2026, places the current price EUR 0.90 below the high and EUR 0.74 above the low. The share price is 11.25 percent below the 52-week high and 8.80 percent above the low. Trading volume for Enel on October 23, 2026 was 3,458,760 shares.

Enel is listed on Borsa Italiana under ticker ENEL and operates in the electric utilities industry. Its market capitalization was EUR 90.8 billion and its price-to-earnings ratio was 22.85 as of October 23, 2026. The dividend yield was 5.00 percent.

Current Enel stock quotation

The current price remains below the annual high while the analyst targets cited above sit higher. Enel stock was trading at EUR 9.15 at Lang & Schwarz on October 23, 2026 at 3:03 p.m. CEST, 0.54 percent below the Xetra close of October 22, 2026 at EUR 9.20. The further course of trading is shown by the continuously updated real-time quote of Enel stock.