Companhia Energética de Minas Gerais - CEMIG (BVMF:CMIG4)
Brazil flag Brazil · Delayed Price · Currency is BRL
10.64
-0.08 (-0.75%)
Jun 17, 2026, 5:05 PM GMT-3

BVMF:CMIG4 Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, BVMF:CMIG4 stock has a consensus rating of "Hold" and an average price target of R$12.54. The average 1-year stock price forecast is 17.86% higher than the current stock price, while the lowest is R$9.60 (-9.77%) and the highest is R$15.00 (+40.98%).

Price Target: R$12.54 (+17.86%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
PriceR$9.60R$12.54R$12.50R$15.00
Change-9.77%+17.86%+17.48%+40.98%

Analyst Ratings

The average analyst rating for BVMF:CMIG4 stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy011111
Buy000000
Hold1099999
Sell222112
Strong Sell222222
Total141414131314

Financial Forecast

Revenue This Year
33.71B
from 42.75B
Decreased by -21.16%
Revenue Next Year
37.24B
from 33.71B
Increased by 10.47%
EPS This Year
1.09
from 1.45
Decreased by -24.51%
EPS Next Year
1.19
from 1.09
Increased by 8.83%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
33.65B34.46B36.85B39.82B42.75B33.71B
Revenue Growth
33.37%2.43%6.93%8.06%7.36%-21.16%
Net Income
3.75B4.09B5.76B7.12B4.90B3.19B
EPS
----1.451.09
EPS Growth
-----19.11%-24.51%
Forward PE
7.146.966.036.638.459.73
Dividend / Share
0.690.781.091.311.230.84
Dividend Growth
-13.18%40.60%19.93%-6.25%-31.82%
Free Cash Flow
1.69B43.83M1.08B-511.42M-3.59B1.01B
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.

Revenue Forecast

Revenue202620272028
High40.6B
Avg33.7B
Low26.8B

Revenue Growth

Revenue Growth202620272028
High
-5.1%
Avg
-21.2%
Low
-37.4%

EPS Forecast

EPS202620272028
High1.28
Avg1.09
Low0.87

EPS Growth

EPS Growth202620272028
High
-11.7%
Avg
-24.5%
Low
-40.0%