Enbridge Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Enbridge stock has a consensus rating of "Hold" and an average price target of $52.68. The average 1-year stock price forecast is 2.73% higher than the current stock price, while the lowest is $45.76 (-10.76%) and the highest is $60.24 (+17.47%).

Price Target: $52.68 (+2.73%)

Analyst Consensus: Hold

Price Target

Chart

Target	Low	Average	Median	High
Price	$45.76	$52.68	$52.35	$60.24
Change	-10.76%	+2.73%	+2.09%	+17.47%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	5	5	5	5	5	5
Buy	4	4	4	4	3	3
Hold	12	12	13	13	14	14
Sell	1	1	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	23	23	23	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeremy Tonet J.P. Morgan	J.P. Morgan	Hold Maintains $59 → $58	Hold	Maintains	$59 → $58	+12.71%	Aug 5, 2026
Nate Heywood ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Reiterates $59	Buy	Reiterates	$59	+15.49%	Aug 4, 2026
Keith Stanley Wolfe Research	Wolfe Research	Sell Reiterates $52 → $50	Sell	Reiterates	$52 → $50	-2.50%	Aug 4, 2026
Praneeth Satish Wells Fargo	Wells Fargo	Hold Maintains $51	Hold	Maintains	$51	+0.18%	Aug 4, 2026
Benjamin Pham BMO Capital	BMO Capital	Hold Maintains $54 → $56	Hold	Maintains	$54 → $56	+9.92%	Aug 3, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

82.97B

from 65.19B

27.27%

from 65.19B

Revenue Next Year

74.69B

from 82.97B

-9.98%

from 82.97B

EPS This Year

2.91

from 3.02

-3.60%

from 3.02

EPS Next Year

3.22

from 2.91

10.50%

from 2.91

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	47.07B	53.31B	43.65B	53.47B	65.19B	82.97B
Revenue Growth	20.43%	13.25%	-18.12%	22.51%	21.92%	27.27%
Gross Profit	18.37B	20.72B	22.28B	24.43B	27.16B	41.92B
Gross Margin	39.02%	38.87%	51.05%	45.69%	41.66%	50.52%
Operating Income	7.98B	8.42B	9.21B	10.03B	11.82B	14.55B
Net Income	6.19B	3.00B	6.19B	5.44B	7.49B	6.73B
EPS	-	-	-	-	3.02	2.91
EPS Growth	-	-	-	-	7.86%	-3.60%
Forward PE	-	-	-	-	-	24.57
Dividend / Share	3.34	3.44	3.55	3.66	3.77	3.89
Dividend Growth	-	2.99%	3.20%	3.10%	3.01%	3.06%
Free Cash Flow	-1.56B	2.88B	3.95B	3.76B	-239.25M	2.82B
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	89.9B
Avg	83.0B
Low	68.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	37.9%
Avg	27.3%
Low	4.4%

EPS Forecast

Chart

EPS	2026	2027	2028
High	3.07
Avg	2.91
Low	2.63

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	1.7%
Avg	-3.6%
Low	-12.9%