Enbridge (ENB) Stock Forecast, Price Target & Predictions
ENB Stock Forecast
Enbridge stock forecast is as follows: an average price target of $44.17 (represents a 8.18% upside from ENB’s last price of $40.83) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.
ENB Price Target
The average price target for Enbridge (ENB) is $44.17 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $47.74 to $42.17. This represents a potential 8.18% upside from ENB's last price of $40.83.
ENB Analyst Ratings
According to 12 Wall Street analysts, Enbridge's rating consensus is 'Hold'. The analyst rating breakdown for ENB stock is 0 'Strong Buy' (0.00%), 3 'Buy' (25.00%), 7 'Hold' (58.33%), 2 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Enbridge Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 08, 2022 | Andrew Kuske | Credit Suisse | $46.15 | $42.08 | 9.68% | 13.04% |
| Jan 07, 2022 | Robert Kad | Morgan Stanley | $47.74 | $39.95 | 19.51% | 16.94% |
| Dec 16, 2021 | Praneeth Satish | Wells Fargo | $42.97 | $36.77 | 16.86% | 5.24% |
| Nov 29, 2021 | Michael Lapides | Goldman Sachs | $42.97 | $37.62 | 14.22% | 5.24% |
| Oct 19, 2021 | Theresa Chen | Barclays | $42.17 | $41.55 | 1.50% | 3.29% |
| May 25, 2021 | Bill Selesky | Argus Research | $43.00 | $36.63 | 17.39% | 5.31% |
The latest Enbridge stock forecast, released on Feb 08, 2022 by Andrew Kuske from Credit Suisse, set a price target of $46.15, which represents a 9.68% increase from the stock price at the time of the forecast ($42.08), and a 13.04% increase from ENB last price ($40.83).
Enbridge Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $40.83 | $40.83 | $40.83 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Enbridge stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Enbridge's last price of $40.83. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 04, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Sep 30, 2024 | Jefferies | - | Hold | Downgrade |
| Aug 23, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| Aug 06, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 15, 2024 | CIBC | Outperform | Outperform | Hold |
| Jun 04, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| May 13, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 13, 2024 | National Bank | Sector Perform | Sector Perform | Hold |
| May 13, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Sep 11, 2023 | CIBC | Outperform | Outperform | Hold |
Enbridge's last stock rating was published by Scotiabank on Oct 04, 2024. The company gave ENB a "Sector Perform" rating, the same as its previous rate.
Enbridge Financial Forecast
Enbridge Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.84B | $10.43B | $12.07B | $13.42B | $11.57B | $13.21B | $15.10B | $12.52B | $11.47B | $10.95B | $12.19B | $10.01B | $9.11B |
| Avg Forecast | $14.12B | $14.18B | $14.24B | $14.30B | $8.28B | $7.48B | $7.93B | $7.85B | $7.46B | $6.58B | $6.74B | $7.39B | $7.28B | $6.76B | $5.86B | $12.27B | $13.35B | $11.29B | $11.74B | $16.00B | $13.36B | $12.68B | $12.08B | $13.10B | $10.87B | $9.61B | $8.18B | $12.96B | $11.36B | $9.66B |
| High Forecast | $14.12B | $14.18B | $14.24B | $14.30B | $8.28B | $7.48B | $7.93B | $7.85B | $7.46B | $6.58B | $6.74B | $7.39B | $7.28B | $6.76B | $5.86B | $12.27B | $13.72B | $11.29B | $11.74B | $16.00B | $13.36B | $12.68B | $12.08B | $13.10B | $10.87B | $9.61B | $8.18B | $12.96B | $11.36B | $9.66B |
| Low Forecast | $14.12B | $14.18B | $14.24B | $14.30B | $8.28B | $7.48B | $7.93B | $7.85B | $7.46B | $6.58B | $6.74B | $7.39B | $7.28B | $6.76B | $5.86B | $12.27B | $12.99B | $11.29B | $11.74B | $16.00B | $13.36B | $12.68B | $12.08B | $13.10B | $10.87B | $9.61B | $8.18B | $12.96B | $11.36B | $9.66B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.89% | 0.75% | 1.00% | 0.91% | 1.09% | 1.15% | 1.15% | 1.19% | 1.34% | 0.94% | 0.88% | 0.94% |
Enbridge's average Quarter revenue forecast for Dec 23 based on 2 analysts is $13.35B, with a low forecast of $12.99B, and a high forecast of $13.72B. ENB's average Quarter revenue forecast represents a 35.61% increase compared to the company's last Quarter revenue of $9.84B (Sep 23).
Enbridge EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $994.00M | $2.77B | $4.47B | $3.25B | $3.53B | $3.18B | $4.05B | $3.80B | $2.57B | $3.30B | $4.06B | $4.06B | $2.97B |
| Avg Forecast | $4.37B | $4.39B | $4.41B | $4.43B | $2.56B | $2.32B | $2.46B | $2.43B | $2.31B | $2.04B | $2.09B | $2.29B | $2.25B | $2.09B | $1.81B | $4.57B | $4.13B | $3.50B | $3.64B | $4.16B | $5.18B | $3.93B | $3.74B | $4.45B | $3.37B | $2.97B | $2.53B | $3.49B | $3.52B | $2.99B |
| High Forecast | $4.37B | $4.39B | $4.41B | $4.43B | $2.56B | $2.32B | $2.46B | $2.43B | $2.31B | $2.04B | $2.09B | $2.29B | $2.25B | $2.09B | $1.81B | $5.49B | $4.25B | $3.50B | $3.64B | $4.99B | $6.22B | $3.93B | $3.74B | $5.34B | $3.37B | $2.97B | $2.53B | $4.19B | $3.52B | $2.99B |
| Low Forecast | $4.37B | $4.39B | $4.41B | $4.43B | $2.56B | $2.32B | $2.46B | $2.43B | $2.31B | $2.04B | $2.09B | $2.29B | $2.25B | $2.09B | $1.81B | $3.66B | $4.02B | $3.50B | $3.64B | $3.33B | $4.14B | $3.93B | $3.74B | $3.56B | $3.37B | $2.97B | $2.53B | $2.79B | $3.52B | $2.99B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.28% | 0.76% | 1.07% | 0.63% | 0.90% | 0.85% | 0.91% | 1.13% | 0.86% | 1.30% | 1.16% | 1.15% | 0.99% |
2 analysts predict ENB's average Quarter EBITDA for Dec 23 to be $4.13B, with a high of $4.25B and a low of $4.02B. This is 315.93% upper than Enbridge's previous annual EBITDA (Sep 23) of $994.00M.
Enbridge Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $879.00M | $3.04B | $1.82B | $-1.11B | $1.36B | $595.00M | $2.03B | $1.97B | $780.00M | $1.48B | $1.99B | $1.87B | $1.08B |
| Avg Forecast | $1.74B | $1.44B | $1.49B | $1.96B | $1.53B | $1.36B | $1.39B | $1.83B | $1.61B | $1.27B | $1.31B | $1.78B | $1.50B | $1.16B | $1.35B | $2.11B | $1.45B | $1.25B | $1.46B | $1.92B | $2.37B | $1.37B | $1.50B | $2.05B | $1.63B | $1.22B | $1.21B | $1.71B | $1.28B | $1.09B |
| High Forecast | $1.74B | $1.44B | $1.49B | $1.96B | $1.53B | $1.36B | $1.39B | $1.83B | $1.61B | $1.27B | $1.31B | $2.09B | $1.64B | $1.36B | $1.36B | $2.53B | $1.53B | $1.48B | $1.46B | $2.30B | $2.84B | $1.37B | $1.50B | $2.46B | $1.63B | $1.22B | $1.21B | $2.05B | $1.28B | $1.09B |
| Low Forecast | $1.74B | $1.44B | $1.49B | $1.96B | $1.53B | $1.36B | $1.39B | $1.83B | $1.61B | $1.27B | $1.31B | $1.41B | $1.30B | $1.04B | $1.34B | $1.69B | $1.39B | $1.19B | $1.46B | $1.54B | $1.90B | $1.37B | $1.50B | $1.64B | $1.63B | $1.22B | $1.21B | $1.37B | $1.28B | $1.09B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 2.08% | 0.95% | -0.47% | 0.99% | 0.40% | 0.99% | 1.20% | 0.64% | 1.22% | 1.16% | 1.46% | 0.99% |
Enbridge's average Quarter net income forecast for Dec 23 is $1.45B, with a range of $1.39B to $1.53B. ENB's average Quarter net income forecast represents a 64.40% increase compared to the company's last Quarter net income of $879.00M (Sep 23).
Enbridge SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.04B | $2.26B | $2.09B | $1.99B | $1.88B | $2.00B | $1.67B | $1.48B | $1.56B | $1.79B | $1.55B |
| Avg Forecast | $2.14B | $2.15B | $2.15B | $2.16B | $1.25B | $1.13B | $1.20B | $1.19B | $1.13B | $995.03M | $1.02B | $1.12B | $1.10B | $1.02B | $885.82M | $1.95B | $2.02B | $1.71B | $1.78B | $1.77B | $2.45B | $1.92B | $1.83B | $1.90B | $1.64B | $1.45B | $1.24B | $1.34B | $1.72B | $1.46B |
| High Forecast | $2.14B | $2.15B | $2.15B | $2.16B | $1.25B | $1.13B | $1.20B | $1.19B | $1.13B | $995.03M | $1.02B | $1.12B | $1.10B | $1.02B | $885.82M | $2.34B | $2.08B | $1.71B | $1.78B | $2.13B | $2.95B | $1.92B | $1.83B | $2.28B | $1.64B | $1.45B | $1.24B | $1.61B | $1.72B | $1.46B |
| Low Forecast | $2.14B | $2.15B | $2.15B | $2.16B | $1.25B | $1.13B | $1.20B | $1.19B | $1.13B | $995.03M | $1.02B | $1.12B | $1.10B | $1.02B | $885.82M | $1.56B | $1.97B | $1.71B | $1.78B | $1.42B | $1.96B | $1.92B | $1.83B | $1.52B | $1.64B | $1.45B | $1.24B | $1.07B | $1.72B | $1.46B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 0.92% | 1.09% | 1.09% | 0.99% | 1.22% | 1.15% | 1.20% | 1.16% | 1.04% | 1.06% |
Enbridge's average Quarter SG&A projection for Jun 23 is $1.78B, based on 1 Wall Street analysts, with a range of $1.78B to $1.78B. The forecast indicates a -12.80% fall compared to ENB last annual SG&A of $2.04B (Mar 23).
Enbridge EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | $0.91 | $0.92 | $-0.55 | $0.63 | $0.22 | $0.95 | $0.97 | $0.34 | $0.69 | $0.94 | $0.93 | $0.49 |
| Avg Forecast | $0.81 | $0.67 | $0.70 | $0.92 | $0.71 | $0.63 | $0.65 | $0.86 | $0.75 | $0.60 | $0.61 | $0.83 | $0.70 | $0.54 | $0.63 | $0.82 | $0.68 | $0.58 | $0.68 | $0.84 | $0.72 | $0.64 | $0.70 | $0.85 | $0.76 | $0.57 | $0.57 | $0.72 | $0.60 | $0.51 |
| High Forecast | $0.81 | $0.67 | $0.70 | $0.92 | $0.71 | $0.63 | $0.65 | $0.86 | $0.75 | $0.60 | $0.61 | $0.98 | $0.77 | $0.64 | $0.64 | $0.82 | $0.72 | $0.69 | $0.68 | $0.84 | $0.72 | $0.64 | $0.70 | $0.85 | $0.76 | $0.57 | $0.57 | $0.72 | $0.60 | $0.51 |
| Low Forecast | $0.81 | $0.67 | $0.70 | $0.92 | $0.71 | $0.63 | $0.65 | $0.86 | $0.75 | $0.60 | $0.61 | $0.66 | $0.61 | $0.49 | $0.63 | $0.82 | $0.65 | $0.56 | $0.68 | $0.84 | $0.72 | $0.64 | $0.70 | $0.85 | $0.76 | $0.57 | $0.57 | $0.72 | $0.60 | $0.51 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 1.33% | 1.09% | -0.76% | 0.98% | 0.31% | 1.12% | 1.27% | 0.60% | 1.22% | 1.31% | 1.55% | 0.96% |
According to 2 Wall Street analysts, Enbridge's projected average Quarter EPS for Dec 23 is $0.68, with a low estimate of $0.65 and a high estimate of $0.72. This represents a 57.11% increase compared to ENB previous annual EPS of $0.43 (Sep 23).
Enbridge Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ENB | Enbridge | $40.83 | $44.17 | 8.18% | Hold |
| EPD | Enterprise Products Partners | $29.13 | $31.36 | 7.66% | Buy |
| ET | Energy Transfer LP | $16.51 | $16.40 | -0.67% | Buy |
| PBA | Pembina Pipeline | $42.03 | $38.76 | -7.78% | Buy |
| KMI | Kinder Morgan | $24.49 | $22.30 | -8.94% | Buy |
| MPLX | MPLX LP | $44.32 | $39.09 | -11.80% | Buy |
| OKE | ONEOK | $95.64 | $83.14 | -13.07% | Buy |
| WMB | Williams Companies | $52.14 | $40.83 | -21.69% | Buy |
ENB Forecast FAQ
Is Enbridge a good buy?
No, according to 12 Wall Street analysts, Enbridge (ENB) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 25.00% of ENB's total ratings.
What is ENB's price target?
Enbridge (ENB) average price target is $44.17 with a range of $42.17 to $47.74, implying a 8.18% from its last price of $40.83. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Enbridge stock go up soon?
According to Wall Street analysts' prediction for ENB stock, the company can go up by 8.18% (from the last price of $40.83 to the average price target of $44.17), up by 16.94% based on the highest stock price target, and up by 3.29% based on the lowest stock price target.
Can Enbridge stock reach $60?
ENB's average twelve months analyst stock price target of $44.17 does not support the claim that Enbridge can reach $60 in the near future.
What are Enbridge's analysts' financial forecasts?
Enbridge's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $31.55B (high $31.55B, low $31.55B), average EBITDA is $9.77B (high $9.77B, low $9.77B), average net income is $6.11B (high $6.11B, low $6.11B), average SG&A $4.77B (high $4.77B, low $4.77B), and average EPS is $2.86 (high $2.86, low $2.86). ENB's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $56.84B (high $56.84B, low $56.84B), average EBITDA is $17.6B (high $17.6B, low $17.6B), average net income is $6.64B (high $6.64B, low $6.64B), average SG&A $8.6B (high $8.6B, low $8.6B), and average EPS is $3.1 (high $3.1, low $3.1).
Did the ENB's actual financial results beat the analysts' financial forecasts?
Based on Enbridge's last annual report (Dec 2022), the company's revenue was $53.31B, beating the average analysts forecast of $51.22B by 4.08%. Apple's EBITDA was $14.01B, missing the average prediction of $17.3B by -18.98%. The company's net income was $3B, missing the average estimation of $7.3B by -58.86%. Apple's SG&A was $8.22B, beating the average forecast of $8.1B by 1.50%. Lastly, the company's EPS was $1.28, missing the average prediction of $2.91 by -56.09%. In terms of the last quarterly report (Sep 2023), Enbridge's revenue was $9.84B, missing the average analysts' forecast of $11.29B by -12.83%. The company's EBITDA was $994M, missing the average prediction of $3.5B by -71.58%. Enbridge's net income was $879M, missing the average estimation of $1.25B by -29.58%. The company's SG&A was $0, missing the average forecast of $1.71B by -100.00%. Lastly, the company's EPS was $0.43, missing the average prediction of $0.584 by -26.32%