Companhia Energética de Minas Gerais - CEMIG (CIG)
NYSE: CIG · Real-Time Price · USD
1.860
+0.040 (2.20%)
At close: Nov 6, 2026, 4:00 PM EST
1.870
+0.010 (0.54%)
After-hours: Nov 6, 2026, 7:30 PM EST

CIG Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, CIG stock has a consensus rating of "Sell" and an average price target of $2.22. The average 1-year stock price forecast is 19.19% higher than the current stock price, while the lowest is $1.80 (-3.23%) and the highest is $2.60 (+39.78%).

Price Target: $2.22 (+19.19%)
Analyst Consensus: Sell

Price Target

Chart
TargetLowAverageMedianHigh
Price$1.80$2.22$2.25$2.60
Change-3.23%+19.19%+20.97%+39.78%

Analyst Ratings

The average analyst rating for CIG stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Chart
RatingJan '26Mar '26Apr '26May '26Sep '26Oct '26
Strong Buy000000
Buy000000
Hold111111
Sell100111
Strong Sell111111
Total322333

Financial Forecast

Revenue This Year
37.13B
from 42.75B
Decreased by -13.16%
Revenue Next Year
35.18B
from 37.13B
Decreased by -5.24%
EPS This Year
1.08
from 1.45
Decreased by -25.12%
EPS Next Year
1.09
from 1.08
Increased by 0.16%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
33.65B34.46B36.85B39.82B42.75B37.13B
Revenue Growth
33.37%2.43%6.93%8.06%7.36%-13.16%
Net Income
3.75B4.09B5.76B7.12B4.90B3.38B
EPS
----1.451.08
EPS Growth
-----19.11%-25.12%
Forward PE
-----9.45
Dividend / Share
0.690.781.091.311.230.70
Dividend Growth
31.98%13.19%40.60%19.93%-6.25%-42.67%
Free Cash Flow
-----2.39B2.00B
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is BRL.

Revenue Forecast

Revenue202620272028
High43.8B
Avg37.1B
Low33.7B

Revenue Growth

Revenue Growth202620272028
High
2.5%
Avg
-13.2%
Low
-21.3%

EPS Forecast

EPS202620272028
High1.22
Avg1.08
Low0.87

EPS Growth

EPS Growth202620272028
High
-15.8%
Avg
-25.1%
Low
-40.0%