EnerSys Q3 Results: Analysts Reiterate Forecasts, Price Target Rises to $188

EnerSys reported Q3 results with a statutory profit of $2.40 per share, exceeding expectations. Analysts have updated their forecasts for 2027, predicting a 2.3% revenue improvement and a 22% increase in EPS. Despite the positive results, the price target rose only 7.7% to $188, with a range of estimates from $173 to $208. Overall, analysts seem confident in their valuations, but there is a wide range of estimates, suggesting some uncertainty.