ENB

Enbridge
D

ENB

Arincen43/100B

Enbridge stock forecast 2026–2030

Analysts' average 12-month price target for Enbridge is 61.63, 29.3% above the current price of 47.66. Their targets range from 50.00 to 79.50.

Of the 1 firms that rated Enbridge in the past 12 months, 1 rate it buy or strong buy, 0 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.

12-month price target
61.63 USD
+29.31%

Analysts' 1-year price targets range from 50.00 to 79.50, with an average of 61.63.

Past year
1-year forecast
Strong sellStrong buy
Buy
1 ratings
Buy
1
Hold
0
Sell
0

12-month price target

Highest target79.50
Average target61.63
Lowest target50.00
Current price47.66

Enbridge price target history

See how analysts moved their price target

How analysts rate Enbridge, month by month

1 of 1 firms rate it buy now, against 2 of 2 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 20261001
Oct 20261001
Sept 20261001
Aug 20261001
Jul 20262002
Jun 20262002
May 20262002
Apr 20262002
Mar 20262002
Feb 20262002
Jan 20262002
Dec 20252002

Enbridge analyst upgrades, downgrades and price targets

DateFirmRatingPrice targetChangePrice then
30 Sept 2026
Goldman Sachs
—50.00—46.49
14 Sept 2026
BMO Capital
—79.50—48.16

Enbridge EPS and revenue estimates

Analysts expect Enbridge's EPS to grow 2.1% a year until 2028, slower than over the last 5 years (17.0% a year) and the last 3 years (36.3%).

Analysts expect Enbridge's revenue to grow 4.7% a year until 2028. Over the last 5 years it grew 10.8% a year, and over the last 3 years 6.9%.

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 2.42+11.0%2.37 – 2.47 52.46B+3.7%45.56B – 63.68B3
FY2027 (est.) 2.18+7.9%2.10 – 2.31 50.59B-15.0%45.12B – 57.68B9
FY2026 (est.) 2.02-6.2%1.96 – 2.08 59.54B+16.7%47.80B – 63.70B9
FY2025 2.15+5.9%— 51.02B+32.1%——
FY2024 2.03-1.9%— 38.63B+18.6%——
FY2023 2.07-4.2%— 32.57B-20.1%——
FY2022 2.16—— 40.79B———

Does Enbridge beat earnings estimates?

On average, analysts' EPS estimate was 7.4% off the result, either way, and their revenue estimate 71.3%, over the last 12 quarters.

EPS beats
47 / 111
Revenue beats
26 / 111
Average EPS surprise, last 12
+2.7%
Since
April 1999
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY20266 Nov 20260.360.39+8.3%9.62B12.01B+24.8%
Q2 FY202631 Jul 20260.430.46+7.0%8.67B20.64B+138.1%
Q1 FY20268 May 20260.690.71+2.9%9.70B16.07B+65.7%
Q4 FY202513 Feb 20260.600.63+5.0%6.16B12.51B+103.0%
Q3 FY20257 Nov 20250.390.33-15.4%9.08B14.64B+61.2%
Q2 FY20251 Aug 20250.410.47+14.6%7.05B10.88B+54.3%
Q1 FY20259 May 20250.680.72+5.9%8.04B12.99B+61.5%
Q4 FY202414 Feb 20250.520.53+1.9%5.39B11.27B+108.9%
Q3 FY20241 Nov 20240.400.400.0%5.00B10.93B+118.6%
Q2 FY20242 Aug 20240.450.42-6.7%4.28B8.30B+93.8%
Q1 FY202410 May 20240.590.68+15.3%9.04B8.13B-10.1%
Q4 FY20239 Feb 20240.500.47-6.0%10.07B8.51B-15.5%

Enbridge stock price 2026–2030: scenarios

If Enbridge's earnings keep growing at the 4.0% a year analysts expect to FY2028, it would earn about 2.61 a share in FY2030. At the P/E it has traded at over the last five years (16.8 to 41.4) that is 43.83 to 107.98 a share, or 61.87 at its average P/E of 23.7. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 2.0233.8847.8283.46
FY2027 2.1836.5451.5790.01
FY2028 2.4240.5657.2599.92
FY2029 (extrapolated)2.5142.1759.51103.87
FY2030 (extrapolated)2.6143.8361.87107.98

Each year's EPS is the analysts' consensus to FY2028; the years after grow 4.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (16.8, 23.7, 41.4).

Is Enbridge stock undervalued or overvalued?

Enbridge's P/E of 20.5 is below the middle of its 5-year range (15.8 to 44.8, median 22.8). Analysts expect slower growth than in recent years, so the low P/E may be deserved. Buyers pay more for each point of growth than usual: a PEG of 9.9 on expected growth against 1.3 on its median P/E and past five years' growth. At the median P/E of its peers (17.8 × EPS of 2.33), Enbridge's fair value is 41.40; the price, 47.66, is ⁦15.1%⁩ above it. Its forward P/E, on the consensus for FY2026, is 23.6.

The price against its fair value
Fair value 41.40Price 47.6624.9073.48

Fair value on the peers is the median P/E of the US companies of its industry closest in size times its earnings per share of the last twelve months; the ends of the bar are the same earnings at the lowest and highest peer P/E (10.7 and 31.6). The price against its P/E range

Price to earnings ratio (TTM)
20.50
Five-year median P/E
22.85
Five-year P/E range
15.8 – 44.8
Forward P/E (FY2026)
23.62
PEG ratio
5.18
To the average target
+29.3%
See the full P/E history check Plus

Most undervalued US stocks

StockPriceFair valueUpside
35.850
71.4258Price 35.85193
+99.2%
29.050
56.2634Price 29.0596
+93.7%
241.000
464.49205Price 241.00627
+92.7%
123.590
237.24178Price 123.59297
+92.0%
161.400
305.52159Price 161.40396
+89.3%
157.460
297.58169Price 157.46471
+89.0%
217.560
405.38304Price 217.56507
+86.3%

Furthest below the fair value on each stock's page, updated every day.

Common questions about the Enbridge stock forecast