EnerSys (NYSE: ENS) Reports Q2 2027 Results, Oppenheimer Lowers Price Target to $210

• Oppenheimer lowered its price target for EnerSys to $210 after the company reported fiscal second-quarter 2027 results.
• EnerSys (NYSE: ENS)'s quarterly revenue was $950 million, roughly unchanged year-over-year, with defense and data center demand offsetting material handling weakness.
• Adjusted diluted earnings per share, excluding tariff refunds, rose 23% to $3.26, while adjusted operating earnings increased 15% to $154 million.

EnerSys (NYSE: ENS) reported fiscal second-quarter 2027 results as Oppenheimer lowered its price target for EnerSys to $210. Shares traded at $147.80 when the target was posted.

Quarterly revenue was $950 million, roughly unchanged from a year earlier. Higher defense and data center demand helped offset continued weakness in material handling, as highlighted by MarketBeat. CFO Andi Funk said material handling delays lasted longer than expected, leaving sales at the low end of guidance before foreign exchange effects.

Adjusted diluted earnings per share, excluding tariff refunds, rose 23% to $3.26. On the same basis, adjusted operating earnings increased 15% to $154 million, and operating margin widened to 16.2% from 14.1%. Excluding both tariff refunds and Section 45X tax-credit benefits, adjusted earnings per share rose 28% to $2.06.

The quarter ended October 4, 2026. CEO Shawn O’Connell cited gross margin expansion, adjusted operating margin expansion and adjusted earnings-per-share growth, as highlighted by Business Wire. EnerSys traded at $147.80, up $0.15, or 0.10%, with volume of 1.35 million shares and a market capitalization of $5.33 billion.