Companhia Energética de Minas Gerais - CEMIG (CIG)

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 $2.14. The average 1-year stock price forecast is 1.90% higher than the current stock price, while the lowest is $1.91 (-9.05%) and the highest is $2.50 (+19.05%).

Price Target: $2.14 (+1.90%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$1.91	$2.14	$2.00	$2.50
Change	-9.05%	+1.90%	-4.76%	+19.05%

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

Rating	Aug '25	Nov '25	Jan '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	1	1	1	0	0	1
Strong Sell	1	1	1	1	1	1
Total	3	3	3	2	2	3

Financial Forecast

Revenue This Year

34.00B

Decreased by -20.48%

from 42.75B

Revenue Next Year

37.13B

Increased by 9.23%

from 34.00B

EPS This Year

1.11

Decreased by -34.96%

from 1.71

EPS Next Year

1.17

Increased by 5.50%

from 1.11

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	33.65B	34.46B	36.85B	39.82B	42.75B	34.00B
Revenue Growth	33.37%	2.43%	6.93%	8.06%	7.36%	-20.48%
Net Income	3.75B	4.09B	5.76B	7.12B	4.90B	3.19B
EPS	1.31	1.43	2.01	2.49	1.71	1.11
EPS Growth	30.98%	9.09%	40.86%	23.47%	-31.19%	-34.96%
Forward PE	-	-	-	-	-	9.60
Dividend / Share	0.69	0.78	1.09	1.31	1.23	0.84
Dividend Growth	-	13.18%	40.60%	19.93%	-6.25%	-31.82%
Free Cash Flow	1.69B	43.83M	1.08B	-511.42M	-3.59B	1.01B
No. Analysts	-	-	-	-	-	7

Financial currency is BRL.

Revenue Forecast

Revenue	2026	2027	2028
High	40.6B
Avg	34.0B
Low	26.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-5.1%
Avg	-20.5%
Low	-37.4%

EPS Forecast

EPS	2026	2027	2028
High	1.28
Avg	1.11
Low	0.87

EPS Growth

EPS Growth	2026	2027	2028
High	-25.2%
Avg	-35.0%
Low	-49.2%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.