Why EnerSys (ENS) Is a Hidden Gem in the EV Infrastructure Race

The electric vehicle (EV) revolution is no longer a distant dream—it’s here, and the race to dominate EV infrastructure is intensifying. Among the companies quietly building momentum is EnerSys (NYSE: ENS), a $3.67 billion market cap firm that’s pivoting its expertise in industrial battery systems into a critical role in EV charging and energy storage. While often overlooked due to its mid-cap size, ENS’s strategic moves, recent revenue milestones, and a backlog of EV-related projects position it as a compelling buy for investors betting on the next wave of EV infrastructure growth.

text2imgA high-resolution image of EnerSys’ Fast Charge and Storage (FC&S) systems integrated into an EV charging station, with technicians working alongside advanced battery technology./text2img

The EV Playbook: ENS’s Dual-Pronged Strategy

EnerSys isn’t just dabbling in EVs—it’s systematically building a business that bridges two critical sectors: energy storage for utilities and direct EV infrastructure support.

1. New Ventures Segment Dominance:
2. ENS’s New Ventures division now generates revenue through its Fast Charge and Storage (FC&S) systems, which it first reported in Q3 2025. These systems are designed to solve two major EV pain points: rapid charging for public networks and grid stability for utilities.

3. The company’s utility backup power systems and demand charge reduction solutions are already being deployed by commercial customers, including EV fleet operators.

4. Battery Tech Leadership:

5. ENS’s Specialty segment supplies advanced lead-acid and lithium-ion batteries to automotive, defense, and industrial clients. For instance, its products are used in premium automotive and over-the-road trucking, where durability and reliability are paramount.

6. Patent activity in battery monitoring systems gives ENS an edge in safety and efficiency—critical for EV applications where battery failures can be catastrophic.

7. Strategic Acquisitions:

8. The 2024 acquisition of Bren-Tronics expanded ENS’s capabilities in advanced energy systems, including grid-integrated EV charging infrastructure. This move underscores the company’s commitment to scaling its EV footprint.

Financials: A Stock on the Move

EnerSys’s stock price is hovering around $93.04 as of May 2025, but forecasts suggest significant upside potential.

visualEnerSys (ENS) stock price forecast for 2025 and 2026, including 5-day, 1-month, and annual targets./visual

• Short-Term Gains: Analysts predict the stock could hit $98.12 in five days (5.4% gain) and $104.13 by June (12% rise).
• Long-Term Range: The stock is projected to trade between $78.82 and $106.51 in 2025, with a consensus 12-month target of $116—a 24.7% premium to current levels.
• Risk Factors: The stock’s beta of 1.13 signals higher volatility than the broader market, and the Fear & Greed Index’s “Fear” rating (39) suggests investors are cautious. Technical indicators are mixed, with some short-term buy signals conflicting with longer-term bearish trends.

Why Now? The Catalysts

• Revenue Diversification: ENS’s first FC&S revenue stream in Q3 2025 marks a turning point. As EV adoption accelerates, this segment could become a significant profit driver.
• EV Infrastructure Boom: The global market for EV charging infrastructure is expected to hit $22.5 billion by 2030, per industry estimates. ENS’s early entry into this space positions it to capture market share.
• Institutional Backing: With 95.89% of shares held by institutions, there’s clear professional interest in the stock.

Conclusion: A Strategic Buy for EV Bulls

EnerSys (ENS) isn’t a small-cap stock, but its $3.67 billion valuation still allows for growth upside in a sector dominated by giants like Tesla (TSLA) and ChargePoint (CHPT). Its dual focus on utility-grade energy storage and EV-specific solutions, coupled with recent revenue milestones and a backlog of projects, makes it a standout play in the EV infrastructure theme.

While the stock’s volatility and mixed technical indicators pose risks, the $116 analyst target—driven by EV demand trends—suggests a compelling reward-to-risk ratio. Investors should consider ENS for portfolios with a 1–3 year horizon, especially as its FC&S systems gain traction and grid-integrated EV solutions become non-negotiable for utilities and automakers alike.

Final Verdict: ENS offers a unique blend of EV exposure, proven battery tech, and institutional support—all at a price that still has room to grow. For those willing to ride the bumps, it’s a stock to watch closely in 2025 and beyond.