Enel stock forecast: Third-party price targets
Enel is one of Europe’s largest utilities, with its shares often drawing attention amid shifts in regulation, energy markets and company-specific developments across the sector. Explore ENEL price action, third-party price targets and technical analysis.
Enel S.p.A. (ENEL) is trading around €9.11 in early European dealings on 19 January 2026, within an intraday range of €9.06–€9.35 on Capital.com’s price feed as of 12:36pm UTC. The price action comes as the stock trades against a backdrop of recent hybrid bond issuance and other corporate actions disclosed by the company. Past performance is not a reliable indicator of future results.
The share price is moving alongside Enel’s launch of a share buyback programme authorised by its May 2025 shareholders’ meeting (Enel, 9 January 2026). Trading also reflects broader interest in European utilities following sector gains in 2025, together with ongoing discussion around commodity price risks into 2026 (Investing.com, 9 January 2026).
Enel stock forecast 2026–2030: Third-party price targets
As of 19 January 2026, third-party Enel stock predictions generally cluster around the high single-digit area in euros for the next 12 months, based on recent broker and consensus updates published into January 2026. These figures represent third-party views only and do not guarantee future performance.
UBS (broker rating)
UBS reaffirmed a buy stance on Enel with a 12-month target price of €10.20. The bank’s view is described as supported by Enel’s 2025 guidance and its expectations for cash generation and capital allocation within the current rate and regulatory backdrop (MarketScreener, 15 January 2026).
Barron’s (research compilation)
Barron’s cites an average Enel 12-month target of around €9.40 from 23 contributing analyst ratings. The service notes that this blended objective aggregates individual broker models, reflecting a mix of buy and hold recommendations linked to utilities sector dynamics and the company’s earnings profile (Barron's, 19 January 2026).
MarketWatch (US-listed line, analyst estimates)
MarketWatch reports an average target price near €9.31 equivalent for Enel’s US-listed line, based on 22 analyst estimates. The publication states that this consolidated target is derived from broker models that factor in Enel’s 2025 financial year-end, balance-sheet metrics and regional demand assumptions (MarketWatch, 5 January 2026).
Fintel (one-year price target aggregation)
Fintel shows an average one-year price target of €9.44 for Enel, with individual broker forecasts ranging from about €7.78 to €11.55. The platform notes that this range reflects differing analyst views on regulatory risk, investment needs and growth prospects across Enel’s core markets (Fintel, 19 January 2026).
J.P. Morgan (broker rating)
J.P. Morgan maintains a buy rating on Enel with a 12-month price target of €9.70, according to a broker note summary citing analyst Javier Garrido. The bank links this objective to its expectations for Enel’s earnings trajectory and balance sheet positioning amid sector-wide regulatory and interest-rate developments (The Globe and Mail, 10 January 2026).
Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.
ENEL stock price: Technical overview
The ENEL stock price is trading near €9.11 as of 12:36pm UTC on 19 January 2026, holding just below the 10-day SMA around €9.26 while remaining above the 20-, 50-, 100- and 200-day moving averages clustered near €9.03, €8.93, €8.54 and €8.18, respectively. The 14-day RSI, at around 52.8, sits in neutral territory, while an ADX reading near 30 points to an established trend rather than a clearly range-bound environment.
On the topside, the nearest classic pivot resistance is identified at R1 around €9.06, with R2 near €9.24 coming into focus on any sustained daily close above that zone. On pullbacks, the classic pivot at €8.82 represents the first notable support area, with the 100-day SMA near €8.54 acting as the next downside reference. S1 around €8.64 provides an additional technical level if that zone is breached (TradingView, 19 January 2026).
This technical analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Enel share price history (2024–2026)
ENEL’s stock price spent much of 2024 in a relatively tight €5.80–€7.20 range, closing the year at about €6.90 on 30 December 2024 after a gradual climb from around €5.80 in April. Through 2025, the stock moved steadily higher, rising from roughly €7.03 at the start of January to around €8.08 by the end of June, before advancing toward the high-€8s by late December as utilities sentiment and company-specific developments supported the broader trend. By 19 January 2026, Enel was trading near €9.11, leaving it clearly above its 2024 range and extending the upward bias observed over the previous year.
Past performance is not a reliable indicator of future results.
Enel: Capital.com analyst view
Enel’s share price has climbed steadily over the past two years, moving from the mid-€6 area in late 2024 to trade around €9.11 as of 19 January 2026 on Capital.com’s feed. This advance reflects periods of stronger utilities sentiment and company-specific developments, while also featuring regular pullbacks and consolidations, underlining that the path higher has not been linear.
From a fundamental perspective, factors such as interest-rate expectations, regulatory decisions and Enel’s capital-allocation plans can influence the share price in different directions, potentially supporting it under favourable conditions but weighing on it if funding costs, policy signals or earnings delivery disappoint. Short-term traders may also respond to changes in global risk appetite and sector flows, which can amplify both rallies and corrections in Enel’s price even when company news is limited. Past performance is not a reliable indicator of future results.
Summary – Enel 2026
- Enel is trading around €9.11 as of 19 January 2026 on Capital.com, compared with levels in the high-€6 area seen in late 2024 on the provided daily closes.
- Over the last two years, Enel’s share price has trended higher from roughly €5.80–€6 in April 2024 to the high-€8s by December 2025, with intermittent consolidations along the way.
- Technical readings show the price holding above key longer-term moving averages, with the 50-, 100- and 200-day SMAs positioned below spot and the 14-day RSI remaining close to neutral around 53.
- Recent daily ranges in January 2026 have stayed close to €9, with intraday lows near €9.06 and highs up to about €9.35, suggesting relatively contained short-term volatility in the current phase.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Enel stock?
Enel has a widely dispersed shareholder base, with significant holdings split between institutional investors, retail shareholders and public-sector entities. The Italian Ministry of Economy and Finance is the largest single shareholder, holding a controlling stake through direct ownership. Beyond this position, Enel’s shares are held by a broad mix of international asset managers and funds, reflecting its status as a major European utility listed on multiple exchanges.
What is the 5-year Enel share price forecast?
There is no definitive five-year ENEL stock forecast. Most publicly available projections focus on 12-month horizons and are based on analyst assumptions that can change over time. Longer-term outcomes are often influenced by factors such as regulatory frameworks, interest-rate trends, capital expenditure, energy-transition policies and broader market conditions. As with all forecasts, longer-dated projections involve greater uncertainty and may not materialise.
Is Enel a good stock to buy?
Whether Enel is considered a good stock depends on individual objectives, risk tolerance and market expectations. Analysts typically assess the company using factors such as earnings visibility, dividend policy, balance-sheet strength and regulatory exposure. However, these assessments reflect opinions rather than guarantees. Share prices can move for reasons unrelated to fundamentals, and past performance should not be taken as an indication of future results.
Could Enel stock go up or down?
Yes, Enel’s share price can move both higher and lower. Like other listed utilities, it may react to changes in interest rates, regulation, energy prices, company earnings and broader market sentiment. Short-term movements may also be influenced by technical factors and trading flows. These dynamics mean price direction is uncertain, and outcomes may differ from analyst expectations or historical patterns.
Should I invest in Enel stock?
This content is for informational purposes only and does not constitute investment advice. Decisions about investing in Enel depend on personal circumstances, financial goals and risk appetite. Some investors may focus on Enel’s role within the utilities sector and its longer-term strategy, while others may weigh potential risks such as regulatory changes or funding costs. Carrying out independent research and, where appropriate, seeking professional advice is generally considered important.
Can I trade Enel CFDs on Capital.com?
Yes, you can trade Enel CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.