EnLink Midstream (ENLC) Stock Forecast, Price Target & Predictions
ENLC Stock Forecast
EnLink Midstream stock forecast is as follows: an average price target of $13.33 (represents a -8.20% downside from ENLC’s last price of $14.52) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
ENLC Price Target
The average price target for EnLink Midstream (ENLC) is $13.33 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $9.00. This represents a potential -8.20% downside from ENLC's last price of $14.52.
ENLC Analyst Ratings
According to 3 Wall Street analysts, EnLink Midstream's rating consensus is 'Buy'. The analyst rating breakdown for ENLC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
EnLink Midstream Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 30, 2024 | Michael Blum | Wells Fargo | $15.00 | $14.40 | 4.17% | 3.31% |
| Aug 27, 2024 | Robert Kad | Morgan Stanley | $16.00 | $13.47 | 18.78% | 10.19% |
| Aug 16, 2024 | Zack Van Everen | Tudor Pickering | $15.00 | $13.34 | 12.44% | 3.31% |
| Jul 08, 2024 | Praneeth Satish | Wells Fargo | $17.00 | $13.81 | 23.10% | 17.08% |
| Jan 09, 2023 | - | Morgan Stanley | $18.00 | $12.51 | 43.88% | 23.97% |
| Dec 09, 2022 | - | Citigroup | $13.00 | $11.86 | 9.61% | -10.47% |
| May 05, 2022 | - | Raymond James | $12.00 | $11.17 | 7.43% | -17.36% |
| Apr 28, 2022 | - | Wells Fargo | $10.00 | $10.13 | -1.28% | -31.13% |
| Apr 26, 2022 | - | Morgan Stanley | $12.00 | $9.79 | 22.64% | -17.36% |
| Apr 20, 2022 | - | Raymond James | $11.00 | $10.54 | 4.36% | -24.24% |
The latest EnLink Midstream stock forecast, released on Aug 30, 2024 by Michael Blum from Wells Fargo, set a price target of $15.00, which represents a 4.17% increase from the stock price at the time of the forecast ($14.40), and a 3.31% increase from ENLC last price ($14.52).
EnLink Midstream Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 4 | 4 |
| Avg Price Target | $15.33 | $15.75 | $15.75 |
| Last Closing Price | $14.52 | $14.52 | $14.52 |
| Upside/Downside | 5.58% | 8.47% | 8.47% |
In the current month, the average price target of EnLink Midstream stock is $15.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 5.58% increase as opposed to EnLink Midstream's last price of $14.52. This month's average price target is down -2.67% compared to last quarter, and down -2.67% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 30, 2024 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| Aug 29, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Aug 29, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Aug 27, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 08, 2024 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| Apr 15, 2024 | Citigroup | Buy | Buy | Hold |
| Mar 09, 2023 | Citigroup | Neutral | Buy | Upgrade |
| Jan 09, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Dec 09, 2022 | Citigroup | - | Neutral | Initialise |
| Oct 19, 2022 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
EnLink Midstream's last stock rating was published by Wells Fargo on Aug 30, 2024. The company Downgrade its ENLC rating from "Overweight" to "Equal-Weight".
EnLink Midstream Financial Forecast
EnLink Midstream Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.75B | $1.53B | $1.77B | $2.05B | $2.66B | - | $2.23B | $2.25B | $1.82B | $1.44B | $1.33B | $1.08B | $933.60M | $767.30M | $1.14B | $1.16B | $1.40B |
| Avg Forecast | $2.07B | $2.02B | $1.80B | $1.96B | $2.17B | $1.89B | $1.77B | $2.08B | $2.23B | $1.99B | $1.90B | $2.12B | $2.16B | $2.13B | $2.07B | $2.30B | $3.14B | $2.41B | $1.58B | $1.73B | $1.86B | $1.33B | $1.11B | $1.27B | $1.16B | $1.09B | $1.25B | $1.64B | $1.69B | $1.77B |
| High Forecast | $2.15B | $2.09B | $1.87B | $2.03B | $2.25B | $1.96B | $1.83B | $2.16B | $2.30B | $2.08B | $1.97B | $2.20B | $2.18B | $2.78B | $2.15B | $2.38B | $3.25B | $2.50B | $1.58B | $1.77B | $1.90B | $1.36B | $1.14B | $1.30B | $1.18B | $1.12B | $1.28B | $1.67B | $1.73B | $1.81B |
| Low Forecast | $2.00B | $1.94B | $1.74B | $1.89B | $2.09B | $1.82B | $1.70B | $2.01B | $2.15B | $1.90B | $1.84B | $2.05B | $2.13B | $1.64B | $2.00B | $2.22B | $3.03B | $2.33B | $1.58B | $1.69B | $1.81B | $1.29B | $1.08B | $1.24B | $1.13B | $1.07B | $1.22B | $1.59B | $1.65B | $1.73B |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.74% | 0.77% | 0.65% | 1.10% | - | 1.28% | 1.21% | 1.37% | 1.30% | 1.04% | 0.93% | 0.85% | 0.61% | 0.69% | 0.68% | 0.79% |
EnLink Midstream's average Quarter revenue forecast for Dec 23 based on 2 analysts is $2.16B, with a low forecast of $2.13B, and a high forecast of $2.18B. ENLC's average Quarter revenue forecast represents a 23.41% increase compared to the company's last Quarter revenue of $1.75B (Sep 23).
EnLink Midstream EBITDA Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.39B | $180.30M | $172.90M | $185.80M | $203.40M | - | $135.50M | $273.00M | $213.00M | $190.80M | $198.50M | $220.60M | $233.50M | $228.00M | $-103.10M | $-726.90M | $230.90M |
| Avg Forecast | $324.58M | $315.91M | $282.20M | $306.78M | $340.10M | $296.42M | $276.73M | $326.28M | $348.64M | $312.48M | $298.39M | $197.63M | $337.62M | $333.99M | $324.53M | $179.67M | $492.37M | $401.24M | $247.21M | $163.33M | $251.86M | $364.76M | $1.03B | $109.17M | $181.23M | $128.43M | $228.00M | $-1.28B | $-32.71B | $363.67M |
| High Forecast | $336.10M | $327.12M | $292.22M | $317.67M | $352.17M | $306.95M | $286.55M | $337.86M | $361.02M | $326.60M | $308.99M | $237.16M | $341.33M | $435.70M | $336.05M | $215.60M | $509.85M | $481.49M | $247.21M | $196.00M | $302.23M | $437.71M | $1.24B | $131.01M | $185.30M | $154.11M | $273.60M | $-1.02B | $-26.17B | $436.40M |
| Low Forecast | $313.06M | $304.70M | $272.18M | $295.89M | $328.03M | $285.90M | $266.91M | $314.70M | $336.27M | $298.35M | $287.80M | $158.11M | $333.91M | $257.44M | $313.01M | $143.73M | $474.89M | $320.99M | $247.21M | $130.67M | $201.49M | $291.81M | $824.26M | $87.34M | $176.63M | $102.74M | $182.40M | $-1.54B | $-39.25B | $290.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.16% | 0.56% | 0.96% | 0.38% | 0.51% | - | 0.83% | 1.08% | 0.58% | 0.19% | 1.82% | 1.22% | 1.82% | 1.00% | 0.08% | 0.02% | 0.63% |
2 analysts predict ENLC's average Quarter EBITDA for Dec 23 to be $337.62M, with a high of $341.33M and a low of $333.91M. This is -75.69% lower than EnLink Midstream's previous annual EBITDA (Sep 23) of $1.39B.
EnLink Midstream Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.30M | $94.20M | $160.00M | $116.60M | - | $66.00M | $88.60M | $1.90M | $-21.60M | $-12.70M | $-151.40M | $12.60M | $4.10M | $-286.80M | $-938.70M | $11.80M |
| Avg Forecast | $168.22M | $141.84M | $129.25M | $127.86M | $110.61M | $86.50M | $73.11M | $90.45M | $91.14M | $65.28M | $57.20M | $28.39M | $69.42M | $62.48M | $50.63M | $25.81M | $81.59M | $3.58M | $36.34M | $23.47M | $50.56M | $3.25M | $-116.64M | $-6.99M | $-2.38B | $6.93M | $4.10M | $-3.56B | $-42.24B | $18.59M |
| High Forecast | $175.98M | $148.39M | $135.21M | $133.76M | $115.71M | $90.49M | $76.48M | $94.62M | $95.35M | $79.26M | $59.84M | $34.07M | $99.18M | $76.90M | $52.97M | $30.98M | $85.36M | $4.29M | $36.34M | $28.16M | $60.67M | $3.90M | $-93.31M | $-5.59M | $-1.91B | $8.32M | $4.92M | $-2.85B | $-33.79B | $22.30M |
| Low Forecast | $160.46M | $135.29M | $123.28M | $121.96M | $105.51M | $82.51M | $69.73M | $86.27M | $86.94M | $46.63M | $54.56M | $22.72M | $49.59M | $43.26M | $48.29M | $20.65M | $77.83M | $2.86M | $36.34M | $18.77M | $40.44M | $2.60M | $-139.97M | $-8.38M | $-2.86B | $5.54M | $3.28M | $-4.27B | $-50.69B | $14.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 3.65% | 1.96% | 32.58% | - | 2.81% | 1.75% | 0.58% | 0.19% | 1.82% | 0.06% | 1.82% | 1.00% | 0.08% | 0.02% | 0.63% |
EnLink Midstream's average Quarter net income forecast for Sep 23 is $62.48M, with a range of $43.26M to $76.90M. ENLC's average Quarter net income forecast represents a 15.06% increase compared to the company's last Quarter net income of $54.30M (Jun 23).
EnLink Midstream SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.40M | $27.90M | $29.50M | $33.30M | $34.50M | - | $29.00M | $27.50M | $28.20M | $26.10M | $26.00M | $23.70M | $25.70M | $23.50M | $131.10M | $146.00M | $157.70M |
| Avg Forecast | $40.51M | $39.43M | $35.22M | $38.29M | $42.45M | $37.00M | $34.54M | $40.73M | $43.52M | $39.00M | $37.25M | $23.39M | $42.14M | $41.69M | $40.51M | $21.27M | $61.46M | $53.12M | $30.86M | $19.33M | $25.37M | $48.29M | $140.94M | $14.30M | $373.27M | $14.13M | $23.50M | $1.63B | $33.05M | $248.38M |
| High Forecast | $41.95M | $40.83M | $36.47M | $39.65M | $43.96M | $38.31M | $35.77M | $42.17M | $45.06M | $40.77M | $38.57M | $28.07M | $42.61M | $54.38M | $41.95M | $25.52M | $63.64M | $63.75M | $30.86M | $23.20M | $30.44M | $57.95M | $169.13M | $17.16M | $447.93M | $16.96M | $28.20M | $1.95B | $33.79M | $298.05M |
| Low Forecast | $39.08M | $38.03M | $33.97M | $36.93M | $40.94M | $35.69M | $33.32M | $39.28M | $41.97M | $37.24M | $35.92M | $18.71M | $41.68M | $32.13M | $39.07M | $17.01M | $59.28M | $42.50M | $30.86M | $15.47M | $20.30M | $38.63M | $112.75M | $11.44M | $298.62M | $11.31M | $18.80M | $1.30B | $32.21M | $198.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.69% | 1.39% | 0.54% | 0.65% | - | 1.50% | 1.08% | 0.58% | 0.19% | 1.82% | 0.06% | 1.82% | 1.00% | 0.08% | 4.42% | 0.63% |
EnLink Midstream's average Quarter SG&A projection for Dec 23 is $42.14M, based on 2 Wall Street analysts, with a range of $41.68M to $42.61M. The forecast indicates a 38.62% rise compared to ENLC last annual SG&A of $30.40M (Sep 23).
EnLink Midstream EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.12 | $0.20 | $0.34 | $0.24 | - | $0.14 | $0.18 | - | $-0.04 | $-0.03 | $-0.31 | $0.03 | $0.01 | $-0.59 | $-1.92 | $0.02 |
| Avg Forecast | $0.37 | $0.31 | $0.28 | $0.28 | $0.24 | $0.19 | $0.16 | $0.20 | $0.20 | $0.14 | $0.13 | $0.13 | $0.15 | $0.14 | $0.11 | $0.12 | $0.18 | $0.13 | $0.08 | $0.06 | $0.06 | $0.04 | $0.01 | $-0.02 | $0.02 | $0.02 | $-0.01 | $0.04 | $0.04 | $0.07 |
| High Forecast | $0.39 | $0.33 | $0.30 | $0.29 | $0.25 | $0.20 | $0.17 | $0.21 | $0.21 | $0.17 | $0.13 | $0.14 | $0.22 | $0.17 | $0.12 | $0.12 | $0.19 | $0.14 | $0.08 | $0.06 | $0.06 | $0.04 | $0.01 | $-0.02 | $0.02 | $0.02 | $-0.01 | $0.04 | $0.04 | $0.07 |
| Low Forecast | $0.35 | $0.30 | $0.27 | $0.27 | $0.23 | $0.18 | $0.15 | $0.19 | $0.19 | $0.10 | $0.12 | $0.13 | $0.11 | $0.10 | $0.11 | $0.11 | $0.17 | $0.12 | $0.08 | $0.06 | $0.06 | $0.04 | $0.01 | $-0.02 | $0.02 | $0.02 | $-0.01 | $0.04 | $0.04 | $0.07 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.71% | 1.89% | 1.85% | - | 2.30% | 2.89% | 0.10% | -3.86% | 1.39% | -15.42% | 1.54% | -1.44% | -14.31% | -46.77% | 0.29% |
According to 3 Wall Street analysts, EnLink Midstream's projected average Quarter EPS for Sep 23 is $0.14, with a low estimate of $0.10 and a high estimate of $0.17. This represents a 14.66% increase compared to ENLC previous annual EPS of $0.12 (Jun 23).
EnLink Midstream Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WES | Western Midstream Partners, LP | $39.57 | $37.67 | -4.80% | Hold |
| HESM | Hess Midstream LP | $36.71 | $34.33 | -6.48% | Hold |
| ENLC | EnLink Midstream | $14.52 | $13.33 | -8.20% | Buy |
| PAA | Plains All American Pipeline | $17.71 | $15.58 | -12.03% | Hold |
| MPLX | MPLX LP | $43.78 | $38.30 | -12.52% | Buy |
| PAGP | Plains GP | $18.73 | $16.05 | -14.31% | Buy |
| AM | Antero Midstream | $14.69 | $12.50 | -14.91% | Buy |
ENLC Forecast FAQ
Is EnLink Midstream a good buy?
Yes, according to 3 Wall Street analysts, EnLink Midstream (ENLC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of ENLC's total ratings.
What is ENLC's price target?
EnLink Midstream (ENLC) average price target is $13.33 with a range of $9 to $16, implying a -8.20% from its last price of $14.52. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will EnLink Midstream stock go up soon?
According to Wall Street analysts' prediction for ENLC stock, the company can go down by -8.20% (from the last price of $14.52 to the average price target of $13.33), up by 10.19% based on the highest stock price target, and down by -38.02% based on the lowest stock price target.
Can EnLink Midstream stock reach $20?
ENLC's average twelve months analyst stock price target of $13.33 does not support the claim that EnLink Midstream can reach $20 in the near future.
What is EnLink Midstream's current price target trend?
3 Wall Street analysts forecast a $15.33 price target for EnLink Midstream (ENLC) this month, up 5.58% from its last price of $14.52. Compared to the last 3 and 12 months, the average price target increased by 8.47% and increased by 8.47%, respectively.
What are EnLink Midstream's analysts' financial forecasts?
EnLink Midstream's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.91B (high $8.19B, low $7.63B), average EBITDA is $1.24B (high $1.28B, low $1.2B), average net income is $360.66M (high $377.3M, low $344.02M), average SG&A $154.72M (high $160.21M, low $149.23M), and average EPS is $0.794 (high $0.831, low $0.758). ENLC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.85B (high $8.13B, low $7.57B), average EBITDA is $1.23B (high $1.27B, low $1.19B), average net income is $567.16M (high $593.34M, low $540.99M), average SG&A $153.46M (high $158.91M, low $148.02M), and average EPS is $1.25 (high $1.31, low $1.19).
Did the ENLC's actual financial results beat the analysts' financial forecasts?
Based on EnLink Midstream's last annual report (Dec 2022), the company's revenue was $9.54B, beating the average analysts forecast of $8.87B by 7.62%. Apple's EBITDA was $704M, missing the average prediction of $1.3B by -46.02%. The company's net income was $500.7M, beating the average estimation of $144.97M by 245.37%. Apple's SG&A was $125.2M, missing the average forecast of $164.77M by -24.02%. Lastly, the company's EPS was $1.05, beating the average prediction of $0.451 by 133.01%. In terms of the last quarterly report (Sep 2023), EnLink Midstream's revenue was $1.75B, missing the average analysts' forecast of $2.13B by -18.09%. The company's EBITDA was $1.39B, beating the average prediction of $333.99M by 315.75%. EnLink Midstream's net income was $0, missing the average estimation of $62.48M by -100.00%. The company's SG&A was $30.4M, missing the average forecast of $41.69M by -27.08%. Lastly, the company's EPS was $0, missing the average prediction of $0.138 by -100.00%