Stock Price & Analysis

KEN stock is currently trading near its Fibonacci pivot point with mixed technical signals, suggesting a neutral stance. Given the recent earnings results and market volatility, it may be prudent to hold KEN stock until clearer trends emerge.

Price Prediction for KEN Stock in 2025

Based on the analysis of technical indicators and recent financial performance, here is the price prediction for KEN stock in 2025:

1. Predicted Price Range: $35 to $38

   • Reason: KEN stock is expected to reach these levels due to strong Q3 earnings, with OPC Energy reporting an adjusted EBITDA of $108 million and ZIM's significant recovery, indicating positive momentum.

2. Support and Resistance Levels:

   • Resistance: $35.81 (Fibonacci R2) and $37.44 (Fibonacci R3)
   • Support: $31.54 (Fibonacci S1) and $30.53 (Fibonacci S2)

3. Technical Indicators:

   • The RSI values (38.34 for RSI_6, 46.20 for RSI_12, and 47.26 for RSI_14) suggest the stock is in a neutral to slightly bullish range.
   • The MACD is slightly positive at 0.29, indicating potential bullish momentum.

4. Recent Volatility:

   • KEN stock has shown volatility in pre-market trading, falling 4.3% on January 2 and 3.4% on March 18, but this could be attributed to broader market movements.

5. Earnings and Financial Performance:

   • Kenon Holdings reported a net profit of $23 million for Q3 2024, with OPC Energy's revenue at $237 million, supporting a positive outlook.

Conclusion

KEN stock is predicted to trade between $35 and $38 in 2025, driven by strong earnings and potential upside from breaking through key resistance levels.

The S1 support level for KEN Stock is $31.54 ,The R1 resistant level for KEN Stock is $34.8.

As of the end of day on 2025-03-21, the price of KEN Stock was $32.12.

The market cap of KEN is $1.7B.

Analysis and Insights

To determine whether KEN is overvalued, we analyze its valuation metrics, recent price trends, and market sentiment.

Valuation Metrics:

KEN's current valuation metrics suggest a premium relative to its peers:

• P/E Ratio: 33.17
• EV/EBITDA: 19.81
• P/S Ratio: 32.46
• P/B Ratio: 1.44
• Dividend Yield: 1.26%

These metrics indicate that KEN is trading at a higher multiple compared to its earnings, revenue, and book value. The P/S ratio, in particular, is elevated, suggesting investors are paying a premium for each dollar of revenue.

Price Trends and Technical Analysis:

KEN's stock price has shown volatility in recent sessions, dropping 4.3% in pre-market trading after gaining 6% earlier in the week. This reflects investor uncertainty.

Recent News and Sentiment:

KEN's stock reacted to broader market trends and company-specific news. For example, KEN fell 4.3% in pre-market trading after gaining 6% earlier in the week, reflecting volatility in investor sentiment.

Conclusion:

Based on the elevated valuation metrics and recent price volatility, KEN appears overvalued at current levels. Investors may want to wait for a correction or clearer signs of growth before entering.

Kenon Holdings Ltd. is a Singapore-based holding company. The Company has two segments. Electricity and energy generation and supply in Israel segment generates and supplies energy, which includes electricity, steam and charging services for electric vehicles, mainly to private customers and to the System Operator, and in the development, construction and operation in Israel of power plants and energy generation facilities powered using natural gas and renewable energy. Generation and supply of electricity and energy in the United States segment develops, holds and manages power plants using renewable energy and conventional energy in the United States. The segment develops, constructs and manages renewable energy and conventional power plants in the United States and holds rights in renewable energy and conventional power plants that are operational and under construction. The segment also provides asset and energy management services for power plants in the United States.

Based on current trends and financial performance, KEN stock is projected to reach $60 by 2030, driven by strong earnings growth and improving market sentiment.

KEN has a total of 6785 employees.