Is Kenon Holdings Ltd. (NYSE:KEN) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Kenon Holdings Ltd. at current levels.
A Singapore-listed holding company quietly turning into a pure-play US and Israeli power generator just as electricity demand goes vertical.
Where KEN is headed
Kenon is one of the stranger ways to play the most obvious trade of this decade. The company sits in Singapore, is controlled by Idan Ofer's Ansonia, and owns two assets that matter: OPC Energy, the Israeli IPP building out gas and solar generation across Israel and adjacent markets, and CPV, the US power developer with a fleet of gas-fired plants in PJM and ISO-NE plus a renewables pipeline. Revenue grew 73% over the trailing year because CPV's plants are selling into capacity markets that have completely repriced. PJM's most recent capacity auction cleared at roughly ten times the prior cycle's price. That is not a typo, and it is not a one-off. It is the sound of a grid that under-built thermal generation for fifteen years meeting AI datacenter load growth that nobody modeled.
Read the full Compass Direction on KEN
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $69.74).
See the full KEN analysisGet calls like this, free
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Frequently asked questions
Is Kenon Holdings Ltd. (NYSE:KEN) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Kenon Holdings Ltd. at current levels. A Singapore-listed holding company quietly turning into a pure-play US and Israeli power generator just as electricity demand goes vertical.
What is KEN's Compass Score?
Kenon Holdings Ltd. scores 77/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for KEN?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the KEN page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.