Should You Buy Enel Chile SA (ENIC) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
4.420
1 Day change
-1.78%
52 Week Range
4.510
Analysis Updated At
2026/01/28
ENIC is not a good buy right now for a beginner long-term investor who wants to deploy capital immediately. The chart is mildly bullish, but fundamentals are weakening (Q3’25 revenue and net income down sharply YoY) and analyst sentiment just turned more cautious with a downgrade. I would hold off on new buying until after the 2026-02-26 earnings update or until price cleanly breaks above the 4.48–4.55 resistance zone with improving momentum.
Technical Analysis
Trend/structure: Bullish moving-average stack (SMA_5 > SMA_20 > SMA_200) suggests the broader trend is still up.
Momentum: RSI(6)=61.1 is neutral-to-slightly-warm (not overbought). MACD histogram is positive (0.00739) but “positively contracting,” meaning upside momentum is fading rather than strengthening.
Levels: Pivot ~4.358. Immediate resistance R1 ~4.479 and R2 ~4.554; current post-market ~4.43 sits just below resistance, which raises the odds of a stall/pullback. Supports: S1 ~4.236 and S2 ~4.161.
Near-term pattern stats: Similar-pattern model implies ~60% chance of about -1.91% next day; week/month expectations are only slightly positive (+0.64% / +0.43%).
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): no signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Open interest is concentrated on calls (call OI 270 vs put OI 0), but day-of volume is 0, so sentiment from options is weak/low-conviction today.
Implied volatility is very elevated (30D IV ~114% vs historical vol ~28.8), which often signals uncertainty into a catalyst (next earnings on 2026-02-26) rather than a clear bullish bet.
Overall: options positioning does not provide a strong bullish confirmation at the moment.
Technical Summary
Sell
3
Buy
8
Positive Catalysts
- Upcoming earnings (2026-02-26 pre-market) could reset expectations if results/forward commentary improve.
- Technical backdrop remains broadly constructive (bullish moving averages) if price can reclaim and hold above ~4.48–4.55 resistance.
- Morgan Stanley remains constructive (Overweight) and previously raised target/estimates.
Neutral/Negative Catalysts
- Latest reported quarter shows deteriorating growth: revenue and net income down materially YoY, with margin compression.
- Recent analyst downgrade to Neutral with a $4.60 target suggests less upside from current levels and a more balanced risk/reward.
- Momentum is weakening (MACD positive but contracting) right below a key resistance band, increasing odds of near-term rejection.
- No supportive news flow in the past week to act as an upside catalyst.
Financial Performance
Latest quarter provided: 2025/Q3.
- Revenue: 1,200,418,000 (down -11.06% YoY)
- Net income: 106,175,000 (down -40.97% YoY)
- Gross margin: 27.96 (down -8.78% YoY)
- EPS: listed as 0 (0.00% YoY)
Takeaway: The latest quarter shows negative growth trends and profitability pressure, which is not the profile of a clean long-term “buy now” setup without a clear turnaround catalyst.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend: mixed but deteriorating at the margin.
- 2026-01-27: Grupo Santander downgraded to Neutral from Outperform; PT $4.60.
- 2025-12-11: Morgan Stanley reiterated/initiated Overweight; raised local PT (CLP 80 from 70) and cited higher operating estimates; ADR PT $4.30 (YE2026).
Wall Street pros: constructive view exists (MS Overweight) tied to improved operating estimates.
Wall Street cons: downgrade to Neutral suggests reduced conviction; targets ($4.30–$4.60) imply limited upside from ~4.43 and don’t justify aggressive buying today.
Influential/political trading: No recent congress trading data available; hedge funds and insiders are both Neutral with no notable recent trend.
Wall Street analysts forecast ENIC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ENIC is 4.3 USD with a low forecast of 4.3 USD and a high forecast of 4.3 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast ENIC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ENIC is 4.3 USD with a low forecast of 4.3 USD and a high forecast of 4.3 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 4.500
Low
4.3
Averages
4.3
High
4.3
Current: 4.500
Low
4.3
Averages
4.3
High
4.3
Grupo Santander
Andre de Mello Sampaio
Outperform -> Neutral
downgrade
$4.60
AI Analysis
2026-01-27
New
Reason
Grupo Santander
Andre de Mello Sampaio
Price Target
$4.60
AI Analysis
2026-01-27
New
downgrade
Outperform -> Neutral
Reason
Grupo Santander analyst Andre de Mello Sampaio downgraded Enel Chile to Neutral from Outperform with a $4.60 price target.
Morgan Stanley
NULL
to
Overweight
upgrade
2025-12-11
Reason
Morgan Stanley
Price Target
2025-12-11
upgrade
NULL
to
Overweight
Reason
Morgan Stanley raised the firm's price target on Enel Chile to CLP 80 from CLP 70 and keeps an Overweight rating on the shares, noting that the target raise is driven by a combination of higher operating estimates and a rollout to year-end 2026. The firm also initiated coverage of Enel Chile's ADR (ENIC) with an Overweight rating and a year-end 2026 price target of $4.30.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for ENIC
