Enbridge Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Enbridge stock has a consensus rating of "Buy" and an average price target of $52.29. The average 1-year stock price forecast is 6.17% lower than the current stock price, while the lowest is $45.45 (-18.45%) and the highest is $58.37 (+4.74%).

Price Target: $52.29 (-6.17%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$45.45	$52.29	$52.68	$58.37
Change	-18.45%	-6.17%	-5.47%	+4.74%

Analyst Ratings

The average analyst rating for Enbridge stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	5	5	5	5	5	5
Buy	4	4	4	4	4	4
Hold	13	12	12	13	13	13
Sell	0	1	1	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 $58	Hold	Maintains	$58	+4.75%	Jul 10, 2026
Theresa Chen Barclays	Barclays	Hold Maintains $52	Hold	Maintains	$52	-6.74%	Jul 6, 2026
Robert Kad Morgan Stanley	Morgan Stanley	Hold Maintains $61 → $61	Hold	Maintains	$61 → $61	+9.86%	Jun 25, 2026
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $56	Buy	Maintains	$56	+0.92%	Jun 17, 2026
Robert Catellier CIBC	CIBC	Hold Maintains $53 → $55	Hold	Maintains	$53 → $55	-1.63%	May 26, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

68.20B

from 65.19B

4.60%

from 65.19B

Revenue Next Year

68.64B

from 68.20B

0.65%

from 68.20B

EPS This Year

2.88

from 3.02

-4.55%

from 3.02

EPS Next Year

3.19

from 2.88

10.69%

from 2.88

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	68.20B
Revenue Growth	20.43%	13.25%	-18.12%	22.51%	21.92%	4.60%
Gross Profit	18.37B	20.72B	22.28B	24.43B	27.16B	34.45B
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	14.68B
Net Income	6.19B	3.00B	6.19B	5.44B	7.49B	6.45B
EPS	-	-	-	-	3.02	2.88
EPS Growth	-	-	-	-	7.86%	-4.55%
Forward PE	-	-	-	-	-	27.21
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	3.23B
No. Analysts	-	-	-	-	-	6

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	75.1B
Avg	68.2B
Low	56.7B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	15.2%
Avg	4.6%
Low	-13.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	3.16
Avg	2.88
Low	2.12

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	4.6%
Avg	-4.5%
Low	-29.8%