ENS Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
EnerSys is not a strong buy at the moment for a beginner investor with a long-term strategy. While the stock has positive analyst ratings and a favorable price target increase, the recent financial performance shows declining net income, EPS, and gross margin. Additionally, the technical indicators do not signal a clear upward trend, and there are no significant trading signals or news catalysts to support immediate action.
The MACD histogram is negative (-1.222) and contracting, indicating a lack of bullish momentum. RSI is neutral at 57.534, and moving averages are converging, suggesting indecision in the market. The stock is trading near its pivot level of 176.7, with resistance at 191.04 and support at 162.359. Overall, the technical indicators do not suggest a strong buy signal.
The company is positioned well in industrial energy storage and benefits from trends like electrification and automation.
Recent financial performance shows a YoY decline in net income (-21.29%), EPS (-16.67%), and gross margin (-8.57%). No significant trading trends from hedge funds or insiders. Technical indicators do not show a strong upward trend.
In Q3 2026, revenue increased by 1.43% YoY to $919.13M. However, net income dropped by 21.29% YoY to $90.37M, EPS fell by 16.67% YoY to 2.4, and gross margin decreased by 8.57% YoY to 30.19%.
Analysts are bullish on the stock, with recent upgrades and price target increases. Roth Capital raised the price target to $208, citing the company's strong position in energy storage and growth potential. Oppenheimer raised the target to $186, highlighting improving investor sentiment and macroeconomic factors. BTIG upgraded the stock to Buy with a $175 price target, citing strong demand for backup battery and power solutions.
