EnerSys: A Play On Data Centers And Defense I rate EnerSys an anti-consensus Buy with a $287 price ...

EnerSys: A Play On Data Centers And Defense I rate EnerSys an anti-consensus Buy with a $287 price target, citing overlooked growth in data centers and defense, plus robust capital returns. ENS's Defense segment outpaces group growth with 24% YoY revenue gains and 18% operating margins, offering upside from positive earnings surprises. ENS's Data Center business is undervalued; recent product launches and order visibility suggest growth could reaccelerate, impacting FCF and earnings.