EnLink Midstream (ENLC) Stock Forecast, Price Target & Predictions

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ENLC Stock Forecast

EnLink Midstream stock forecast is as follows: an average price target of $13.86 (represents a -10.35% downside from ENLC’s last price of $15.46) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.

ENLC Price Target

The average price target for EnLink Midstream (ENLC) is $13.86 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $9.00. This represents a potential -10.35% downside from ENLC's last price of $15.46.

ENLC Analyst Ratings

Hold

According to 5 Wall Street analysts, EnLink Midstream's rating consensus is 'Hold'. The analyst rating breakdown for ENLC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 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
Oct 30, 2024	Gabriel Moreen	Mizuho Securities	$15.00	$14.90	0.67%	-2.98%
Sep 25, 2024	Spiro Dounis	Citigroup	$15.00	$14.47	3.63%	-2.98%
Aug 30, 2024	Michael Blum	Wells Fargo	$15.00	$14.40	4.17%	-2.98%
Aug 27, 2024	Robert Kad	Morgan Stanley	$16.00	$13.47	18.78%	3.49%
Aug 16, 2024	Zack Van Everen	Tudor Pickering	$15.00	$13.34	12.44%	-2.98%
Jul 08, 2024	Praneeth Satish	Wells Fargo	$17.00	$13.81	23.10%	9.96%
Jan 09, 2023	-	Morgan Stanley	$18.00	$12.51	43.88%	16.43%
Dec 09, 2022	-	Citigroup	$13.00	$11.86	9.61%	-15.91%
May 05, 2022	-	Raymond James	$12.00	$11.17	7.43%	-22.38%
Apr 28, 2022	-	Wells Fargo	$10.00	$10.13	-1.28%	-35.32%

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The latest EnLink Midstream stock forecast, released on Oct 30, 2024 by Gabriel Moreen from Mizuho Securities, set a price target of $15.00, which represents a 0.67% increase from the stock price at the time of the forecast ($14.90), and a -2.98% decrease from ENLC last price ($15.46).

EnLink Midstream Price Target by Period

	1M	3M	12M
# Anlaysts	1	4	6
Avg Price Target	$15.00	$15.25	$15.50
Last Closing Price	$15.46	$15.46	$15.46
Upside/Downside	-2.98%	-1.36%	0.26%

In the current month, the average price target of EnLink Midstream stock is $15.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -2.98% decrease as opposed to EnLink Midstream's last price of $15.46. This month's average price target is down -1.64% compared to last quarter, and down -3.23% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 08, 2024	Raymond James	-	Market Perform	Downgrade
Sep 30, 2024	UBS	-	Neutral	Downgrade
Sep 25, 2024	Citigroup	Buy	Buy	Hold
Sep 16, 2024	Morgan Stanley	Overweight	Equal-Weight	Downgrade
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

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EnLink Midstream's last stock rating was published by Raymond James on Nov 08, 2024. The company Downgrade its ENLC rating from "null" to "Market Perform".

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	Jun 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	$2.60B	$2.23B	$2.25B	$1.82B	$1.44B	$1.33B	$1.08B	$933.60M	$767.30M	$1.14B	$1.16B	$1.40B
Avg Forecast	$2.05B	$1.76B	$1.78B	$1.90B	$2.18B	$1.80B	$1.78B	$2.08B	$2.22B	$1.98B	$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	$2.17B	$1.86B	$1.88B	$2.02B	$2.31B	$1.91B	$1.89B	$2.16B	$2.26B	$1.99B	$1.90B	$2.12B	$2.18B	$2.78B	$2.20B	$2.44B	$3.33B	$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
Low Forecast	$1.92B	$1.65B	$1.67B	$1.79B	$2.05B	$1.69B	$1.67B	$1.99B	$2.16B	$1.97B	$1.90B	$2.12B	$2.13B	$1.64B	$1.95B	$2.16B	$2.95B	$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
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.82%	0.74%	0.77%	0.65%	1.10%	1.65%	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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.39B	$180.30M	$172.90M	$185.80M	$203.40M	$178.20M	$135.50M	$273.00M	$213.00M	$190.80M	$198.50M	$220.60M	$233.50M	$228.00M	$-103.10M	$-726.90M	$230.90M
Avg Forecast	$379.82M	$325.71M	$329.72M	$352.82M	$404.71M	$333.39M	$330.16M	$385.14M	$410.60M	$366.34M	$353.06M	$197.63M	$399.48M	$395.19M	$383.99M	$179.67M	$235.49M	$377.71M	$247.21M	$163.33M	$291.65M	$207.69M	$173.98M	$109.17M	$181.23M	$171.46M	$196.21M	$-1.28B	$264.75M	$277.33M
High Forecast	$402.48M	$345.14M	$349.40M	$373.88M	$428.86M	$353.28M	$349.86M	$400.68M	$418.31M	$368.03M	$353.06M	$237.16M	$403.87M	$515.53M	$406.90M	$215.60M	$282.59M	$377.71M	$247.21M	$196.00M	$291.65M	$207.69M	$173.98M	$131.01M	$181.23M	$171.46M	$196.21M	$-1.02B	$264.75M	$277.33M
Low Forecast	$356.71M	$305.89M	$309.66M	$331.35M	$380.08M	$313.10M	$310.07M	$369.60M	$400.96M	$364.64M	$353.06M	$158.11M	$395.09M	$304.61M	$360.62M	$143.73M	$188.39M	$377.71M	$247.21M	$130.67M	$291.65M	$207.69M	$173.98M	$87.34M	$181.23M	$171.46M	$196.21M	$-1.54B	$264.75M	$277.33M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	3.51%	0.47%	0.96%	0.79%	0.54%	0.72%	0.83%	0.94%	1.03%	1.10%	1.82%	1.22%	1.36%	1.16%	0.08%	-2.75%	0.83%

2 analysts predict ENLC's average Quarter EBITDA for Dec 23 to be $399.48M, with a high of $403.87M and a low of $395.09M. This is -71.23% 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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$54.30M	$94.20M	$160.00M	$116.60M	$123.90M	$66.00M	$88.60M	$1.90M	$-21.60M	$-12.70M	$-151.40M	$12.60M	$4.10M	$-286.80M	$-938.70M	$11.80M
Avg Forecast	$168.64M	$165.25M	$130.93M	$119.83M	$102.94M	$81.60M	$67.29M	$82.74M	$81.38M	$64.88M	$57.77M	$28.39M	$70.11M	$63.10M	$51.13M	$25.81M	$47.27M	$59.03M	$36.33M	$23.47M	$28.29M	$17.37M	$4.71M	$-6.99M	$9.13M	$8.83M	$-3.14M	$-3.56B	$18.64M	$31.67M
High Forecast	$181.72M	$178.07M	$141.09M	$129.13M	$110.93M	$87.93M	$72.50M	$107.07M	$110.11M	$67.75M	$57.78M	$34.07M	$100.16M	$77.66M	$55.10M	$30.98M	$56.72M	$59.03M	$36.33M	$28.16M	$28.29M	$17.37M	$4.71M	$-5.59M	$9.13M	$8.83M	$-3.14M	$-2.85B	$18.64M	$31.67M
Low Forecast	$155.30M	$152.18M	$120.58M	$110.35M	$94.80M	$75.14M	$61.96M	$38.93M	$52.66M	$62.01M	$57.76M	$22.72M	$50.08M	$43.68M	$47.08M	$20.65M	$37.82M	$59.03M	$36.33M	$18.77M	$28.29M	$17.37M	$4.71M	$-8.38M	$9.13M	$8.83M	$-3.14M	$-4.27B	$18.64M	$31.67M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.06%	3.65%	3.38%	1.98%	3.41%	2.81%	3.13%	0.11%	-4.58%	1.82%	-16.59%	1.43%	-1.30%	0.08%	-50.36%	0.37%

EnLink Midstream's average Quarter net income forecast for Sep 23 is $63.10M, with a range of $43.68M to $77.66M. ENLC's average Quarter net income forecast represents a 16.20% 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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$30.40M	$27.90M	$29.50M	$33.30M	$34.50M	$28.40M	$29.00M	$27.50M	$28.20M	$26.10M	$26.00M	$23.70M	$25.70M	$23.50M	$131.10M	$146.00M	$157.70M
Avg Forecast	$40.07M	$34.36M	$34.78M	$37.22M	$42.69M	$35.17M	$34.83M	$40.63M	$43.31M	$38.65M	$37.25M	$23.39M	$42.14M	$41.69M	$40.51M	$21.27M	$23.72M	$47.15M	$30.86M	$19.33M	$36.40M	$25.92M	$21.72M	$14.30M	$22.62M	$21.40M	$24.49M	$1.63B	$33.05M	$34.62M
High Forecast	$42.46M	$36.41M	$36.86M	$39.44M	$45.24M	$37.27M	$36.91M	$42.27M	$44.13M	$38.82M	$37.25M	$28.07M	$42.61M	$54.38M	$42.93M	$25.52M	$28.47M	$47.15M	$30.86M	$23.20M	$36.40M	$25.92M	$21.72M	$17.16M	$22.62M	$21.40M	$24.49M	$1.95B	$33.05M	$34.62M
Low Forecast	$37.63M	$32.27M	$32.67M	$34.96M	$40.10M	$33.03M	$32.71M	$38.99M	$42.30M	$38.47M	$37.25M	$18.71M	$41.68M	$32.13M	$38.04M	$17.01M	$18.98M	$47.15M	$30.86M	$15.47M	$36.40M	$25.92M	$21.72M	$11.44M	$22.62M	$21.40M	$24.49M	$1.30B	$33.05M	$34.62M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.73%	0.69%	1.39%	1.40%	0.73%	0.92%	1.50%	0.76%	1.09%	1.20%	1.82%	1.05%	1.20%	0.96%	0.08%	4.42%	4.56%

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	Jun 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	1	1	2	2	1	1	1	2	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.12	$0.20	$0.34	$0.24	$0.26	$0.14	$0.18	-	$-0.04	$-0.03	$-0.31	$0.03	$0.01	$-0.59	$-1.92	$0.02
Avg Forecast	$0.37	$0.36	$0.29	$0.26	$0.22	$0.18	$0.15	$0.18	$0.18	$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	$0.40	$0.39	$0.31	$0.28	$0.24	$0.19	$0.16	$0.23	$0.24	$0.15	$0.13	$0.13	$0.22	$0.17	$0.12	$0.13	$0.19	$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
Low Forecast	$0.34	$0.33	$0.26	$0.24	$0.21	$0.16	$0.14	$0.08	$0.11	$0.14	$0.13	$0.13	$0.11	$0.10	$0.10	$0.11	$0.17	$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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	1.71%	1.89%	1.85%	3.25%	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	$37.44	$38.17	1.95%	Hold
HESM	Hess Midstream LP	$36.07	$34.33	-4.82%	Hold
PAA	Plains All American Pipeline	$17.56	$15.77	-10.19%	Hold
ENLC	EnLink Midstream	$15.46	$13.86	-10.35%	Hold
AM	Antero Midstream	$15.43	$13.17	-14.65%	Buy
PAGP	Plains GP	$18.81	$16.05	-14.67%	Buy
MPLX	MPLX LP	$47.58	$39.09	-17.84%	Buy

ENLC Forecast FAQ

Is EnLink Midstream a good buy?

No, according to 5 Wall Street analysts, EnLink Midstream (ENLC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of ENLC's total ratings.

What is ENLC's price target?

EnLink Midstream (ENLC) average price target is $13.86 with a range of $9 to $16, implying a -10.35% from its last price of $15.46. The data is based on 5 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 -10.35% (from the last price of $15.46 to the average price target of $13.86), up by 3.49% based on the highest stock price target, and down by -41.79% based on the lowest stock price target.

Can EnLink Midstream stock reach $20?

ENLC's average twelve months analyst stock price target of $13.86 does not support the claim that EnLink Midstream can reach $20 in the near future.

What is EnLink Midstream's current price target trend?

1 Wall Street analyst forecast a $15 price target for EnLink Midstream (ENLC) this month, down -2.98% from its last price of $15.46. Compared to the last 3 and 12 months, the average price target decreased by -1.36% and increased by 0.26%, 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 $7.84B (high $8.27B, low $7.41B), average EBITDA is $1.45B (high $1.53B, low $1.37B), average net income is $334.56M (high $378.43M, low $270.83M), average SG&A $153.32M (high $161.69M, low $144.83M), and average EPS is $0.73 (high $0.825, low $0.591). ENLC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.49B (high $7.94B, low $7.03B), average EBITDA is $1.39B (high $1.47B, low $1.3B), average net income is $584.66M (high $630.02M, low $538.41M), average SG&A $146.43M (high $155.17M, low $137.52M), and average EPS is $1.27 (high $1.37, low $1.17).

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 $1.02B by -31.23%. The company's net income was $500.7M, beating the average estimation of $166.1M by 201.45%. Apple's SG&A was $125.2M, beating the average forecast of $121.06M by 3.42%. 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 $395.19M by 251.38%. EnLink Midstream's net income was $0, missing the average estimation of $63.1M 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%