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Enbridge (ENB) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ENB Stock Forecast

Enbridge (ENB) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $63.00, with a high of $63.00 and a low of $63.00. This represents a 42.34% increase from the last price of $44.26.

$30 $37 $44 $51 $58 $65 High: $63 Avg: $63 Low: $63 Last Closed Price: $44.26

ENB Stock Rating

Enbridge stock's rating consensus is Hold, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (30.77%), 7 Hold (53.85%), 2 Sell (15.38%), and 0 Strong Sell (0.00%).

Hold
Total 13 0 2 7 4 Strong Sell Sell Hold Buy Strong Buy

ENB Forecast vs Benchmarks

TypeNameUpside
StockEnbridge42.34%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Midstream Stocks 4.55%

Price Target Trends

1M3M12M
# Anlaysts-11
Avg Price Target-$63.00$63.00
Last Closing Price$44.26$44.26$44.26
Upside/Downside-42.34%42.34%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 2537121124
Dec, 2436121-22
Nov, 2436122-23
Oct, 2436112123
Sep, 2437102123
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 04, 2024Maurice ChoyRBC Capital$63.00$43.6044.50%42.34%
Feb 08, 2022Andrew KuskeCredit Suisse$46.15$42.089.67%4.27%
Jan 07, 2022Robert KadMorgan Stanley$47.74$39.9519.50%7.86%
Dec 16, 2021Praneeth SatishWells Fargo$42.97$36.7716.86%-2.91%
Nov 29, 2021Michael LapidesGoldman Sachs$42.97$37.6214.22%-2.91%
Oct 19, 2021Theresa ChenBarclays$42.17$41.551.49%-4.72%
May 25, 2021Bill SeleskyArgus Research$43.00$36.6317.39%-2.85%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 14, 2025TD SecuritiesBuyinitialise
Jan 07, 2025National BankSector PerformSector Performhold
Dec 04, 2024RBC CapitalOutperformOutperformhold
Oct 04, 2024ScotiabankSector PerformSector Performhold
Sep 30, 2024JefferiesHolddowngrade
Aug 23, 2024National BankSector PerformSector Performhold
Aug 06, 2024RBC CapitalOutperformOutperformhold
Jul 15, 2024CIBCOutperformOutperformhold
Jun 04, 2024Wells FargoUnderweightUnderweighthold
May 13, 2024BMO CapitalMarket PerformMarket Performhold

Financial Forecast

EPS Forecast

$1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.48$2.87$1.28$2.84-----
Avg Forecast$2.47$2.84$2.89$2.80$2.82$3.06$3.25$3.43$3.77
High Forecast$2.08$2.40$2.14$2.77$2.79$2.81$2.53$2.90$2.66
Low Forecast$2.87$3.30$3.62$2.83$2.84$3.29$4.14$3.89$5.04
Surprise %-40.08%1.06%-55.71%1.43%-----

Revenue Forecast

$30B $37B $44B $51B $58B $65B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$39.09B$47.07B$53.31B$43.65B-----
Avg Forecast$40.50B$45.54B$51.04B$44.23B$46.09B$37.88B$39.08B$41.72B$40.28B
High Forecast$35.60B$40.04B$40.76B$42.97B$45.21B$35.01B$37.68B$41.16B$31.15B
Low Forecast$45.54B$51.22B$60.89B$45.54B$46.97B$40.77B$40.48B$42.28B$50.73B
Surprise %-3.48%3.35%4.45%-1.32%-----

Net Income Forecast

$2B $4B $5B $7B $9B $11B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.36B$6.19B$3.00B$6.19B-----
Avg Forecast$3.70B$5.74B$6.03B$5.84B$5.79B$6.27B$6.95B$6.63B$7.75B
High Forecast$2.49B$4.59B$4.82B$4.67B$5.74B$5.78B$5.21B$5.96B$5.47B
Low Forecast$4.91B$6.89B$7.24B$7.01B$5.85B$6.77B$8.51B$8.00B$10.36B
Surprise %-9.04%7.78%-50.20%6.03%-----

ENB Forecast FAQ

Is Enbridge stock a buy?

Enbridge stock has a consensus rating of Hold, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 7 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Enbridge is a neutral investment for most analysts.

What is Enbridge's price target?

Enbridge's price target, set by 13 Wall Street analysts, averages $63 over the next 12 months. The price target range spans from $63 at the low end to $63 at the high end, suggesting a potential 42.34% change from the previous close price of $44.26.

How does Enbridge stock forecast compare to the average forecast of its sector, industry, and investment themes?

Enbridge stock forecast shows a 42.34% upside, outperforming the average forecast for the energy stocks sector (25.44%) and outperforming the oil & gas midstream stocks industry (4.55%).

What is the breakdown of analyst ratings for Enbridge over the past three months?

  • January 2025: 12.50% Strong Buy, 29.17% Buy, 50.00% Hold, 4.17% Sell, 4.17% Strong Sell.
  • December 2024: 13.64% Strong Buy, 27.27% Buy, 54.55% Hold, 4.55% Sell, 0% Strong Sell.
  • November 2024: 13.04% Strong Buy, 26.09% Buy, 52.17% Hold, 8.70% Sell, 0% Strong Sell.

What is Enbridge’s EPS forecast?

Enbridge's average annual EPS forecast for its fiscal year ending in December is 2.82 for 2024, a -0.70% decrease from the reported $2.84 in 2023. The prediction for 2025 is $3.06, $3.25 for 2026, $3.43 for 2027, and $3.77 for 2028.

What is Enbridge’s revenue forecast?

Enbridge's average annual revenue forecast for its fiscal year ending in December is $46.09B for 2024, a 5.59% increase from the reported $43.65B in 2023. The forecast for 2025 is $37.88B, $39.08B for 2026, $41.72B for 2027, and $40.28B for 2028.

What is Enbridge’s net income forecast?

For its fiscal year ending in December, Enbridge's average annual net income forecast is $5.79B for 2024, reflecting a -6.41% decrease from the reported $6.19B in 2023. The projection for 2025 is $6.27B, $6.95B for 2026, $6.63B for 2027, and $7.75B for 2028.