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Enel's Q1 Results Were 'Reassuring,' Barclays Says With Overweight Rating
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12:01 AM EDT, 05/11/2026 (MT Newswires) -- Enel's (ENEL.MI) first-quarter performance was "reassuring," with confirmation of the Italian energy company's delivery trajectory being the "key takeaway," Barclays said May 8. Ordinary EBITDA of 6 billion euros for the three months ended March 31 broadly aligned with the company-collected consensus of 5.99 billion euros, while group net ordinary income of 1.94 billion euros modestly exceeded expectations of 1.93 billion euros. "Enel's solid 1Q26 results were in-line to slightly ahead of company collected consensus, supporting reiterated 2026 and medium-term targets," analysts said. "Management sounded constructive on delivery, buybacks and growth, while the positive [American Depositary Receipt] reaction suggests investors should view the update as reassuring." The stock, which remains one of the research firm's key sector picks, is rated overweight with a price target of 11 euros.
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