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 $52.33. The average 1-year stock price forecast is 7.39% higher than the current stock price, while the lowest is $45.82 (-5.97%) and the highest is $60.31 (+23.76%).

Price Target: $52.33 (+7.39%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$45.82	$52.33	$51.6	$60.31
Change	-5.97%	+7.39%	+5.89%	+23.76%

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	Apr '26	May '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	5	5	5	5	6	6
Buy	4	4	4	3	4	4
Hold	12	13	13	14	12	12
Sell	1	0	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
Michael Barth, CFA Raymond James	Raymond James	Hold Maintains $57 → $58	Hold	Maintains	$57 → $58	+18.64%	Sep 15, 2026
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $61	Buy	Maintains	$61	+24.58%	Sep 15, 2026
Robert Hope Scotiabank	Scotiabank	Buy Maintains $61	Buy	Maintains	$61	+24.58%	Sep 15, 2026
Patrick Kenny National Bank	National Bank	Buy Upgrades $59	Buy	Upgrades	$59	+21.61%	Sep 15, 2026
Benjamin Pham BMO Capital	BMO Capital	Buy Upgrades $57 → $57	Buy	Upgrades	$57 → $57	+17.90%	Sep 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

82.98B

from 65.19B

27.28%

from 65.19B

Revenue Next Year

75.86B

from 82.98B

-8.58%

from 82.98B

EPS This Year

2.90

from 3.02

-3.99%

from 3.02

EPS Next Year

3.22

from 2.90

11.06%

from 2.90

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	82.98B
Revenue Growth	20.43%	13.25%	-18.12%	22.51%	21.92%	27.28%
Gross Profit	18.37B	20.72B	22.28B	24.43B	27.16B	27.90B
Gross Margin	39.02%	38.87%	51.05%	45.69%	41.66%	33.63%
Operating Income	7.98B	8.42B	9.21B	10.03B	11.82B	14.71B
Net Income	6.19B	3.00B	6.19B	5.44B	7.49B	6.20B
EPS	-	-	-	-	3.02	2.90
EPS Growth	-	-	-	-	7.86%	-3.99%
Forward PE	-	-	-	-	-	23.53
Dividend / Share	3.34	3.44	3.55	3.66	3.77	3.89
Dividend Growth	3.09%	2.99%	3.20%	3.10%	3.01%	3.06%
Free Cash Flow	-	-	-	-	3.30B	2.29B
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	3.06
Avg	2.90
Low	2.60

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	1.3%
Avg	-4.0%
Low	-13.9%