ENEL:MILEnel SpA analysis
Data as of May 28, 2026 - not real-time
- Latest price
- €9.60
- Risk: medium
- 4/10Medium risk
Summary
Enel shares are trading at €9.60, comfortably above the computed support of €9.32 and below the resistance of €9.95. The price sits above the 20‑day SMA (9.70) and the 50‑day SMA (9.66), which are both above the 200‑day SMA (8.97), indicating a bullish medium‑term trend. However, the MACD has turned bearish and volume is decreasing, tempering short‑term momentum. Fundamentals show a trailing PE of 25.3 versus an industry average of 21.9 – suggesting the stock is priced on the higher side – but a forward PE of 12.8 points to significant upside potential. The dividend yield is attractive at 5.4% but the payout ratio exceeds 100%, raising sustainability concerns. Recent earnings commentary highlights strong network contributions to EBITDA, while revenue growth remains negative at –6.7%.
Market outlook
Short term
< 1 yearNeutral
Key factors
- Price above support with bullish SMA alignment
- Bearish MACD histogram and decreasing volume
- Attractive dividend yield offset by high payout ratio
Medium term
1–3 yearsPositive
Key factors
- Forward PE of 12.8 indicating upside to target ~€10.2
- Strong network EBITDA contribution and stable cash flow
- High dividend yield despite sustainability concerns
Long term
> 3 yearsNeutral
Key factors
- Elevated debt‑to‑equity (~140) and leverage risk
- Transition to renewables offering growth but requiring capital
- Regulatory environment and dividend sustainability uncertainties
Key metrics
Financial health
Technical analysis
Valuation
Risk assessment
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.