Companhia Energética de Minas Gerais - CEMIG (CIG)
NYSE: CIG · Real-Time Price · USD
1.810
+0.020 (1.12%)
At close: Mar 28, 2025, 4:00 PM
1.820
+0.010 (0.55%)
Pre-market: Mar 31, 2025, 7:01 AM EDT

CIG Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for CIG.

Analyst Consensus: n/a
Target Low Average Median High
Price n/a n/a n/a n/a
Change n/a n/a n/a n/a

Analyst Ratings

There are currently no analyst ratings available for CIG.

Recommendation Trends

Rating Jun '23Jul '23Aug '23Sep '23Oct '23Nov '23
Strong Buy 000110
Buy 000000
Hold 111000
Sell 000000
Strong Sell 000000
Total 111110

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Hold
Downgrades
$2.46$2
Hold Downgrades $2.46$2 +10.50% Nov 24, 2023
HSBC
HSBC
Strong Buy
Upgrades
$2.23
Strong Buy Upgrades $2.23 +23.20% Nov 1, 2023
B of A Securities
B of A Securities
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Sep 20, 2023
JP Morgan
JP Morgan
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Apr 4, 2018
JP Morgan
JP Morgan
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Nov 27, 2017
More Analyst Ratings

Financial Forecast

Revenue This Year
39.67B
from 39.82B
Decreased by -0.38%
Revenue Next Year
41.56B
from 39.67B
Increased by 4.76%
EPS This Year
1.39
EPS Next Year
1.41
from 1.39
Increased by 1.17%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
25.23B33.65B34.46B36.85B39.82B39.67B41.56B39.06B
Revenue Growth
-1.02%33.37%2.43%6.93%8.06%-0.38%4.76%-6.02%
EPS
1.001.311.432.01-1.391.411.80
EPS Growth
-10.32%30.98%9.09%40.86%--1.17%27.90%
Forward PE
-----7.567.485.85
No. Analysts -----11114
Financial currency is BRL. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 46.4B 47.5B 40.8B
Avg 39.7B 41.6B 39.1B
Low 31.7B 35.3B 36.2B

Revenue Growth

Revenue Growth 202520262027
High
16.6%
19.8%
-1.9%
Avg
-0.4%
4.8%
-6.0%
Low
-20.5%
-11.1%
-12.9%

EPS Forecast

EPS 202520262027
High 1.74 1.79 1.83
Avg 1.39 1.41 1.80
Low 0.96 0.88 1.71

EPS Growth

EPS Growth 202520262027
High -
28.5%
30.4%
Avg -
1.2%
27.9%
Low -
-36.5%
21.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.