Enbridge Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Enbridge stock have an average target of 54.75, with a low estimate of 51.45 and a high estimate of 60.61. The average target predicts a decrease of -2.65% from the current stock price of 56.24.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$51.45	$54.75	$54.97	$60.61
Change	-8.52%	-2.65%	-2.26%	+7.77%

Analyst Ratings

The average analyst rating for Enbridge stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	8	5	5	5	5	5
Buy	3	4	4	4	4	4
Hold	11	13	12	12	13	13
Sell	0	0	1	1	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
Robert Kad Morgan Stanley	Morgan Stanley	Hold Maintains $60 → $61	Hold	Maintains	$60 → $61	+7.77%	Jun 25, 2026
Maurice Choy RBC Capital	RBC Capital	Buy Maintains $56	Buy	Maintains	$56	-1.00%	Jun 17, 2026
Robert Catellier CIBC	CIBC	Hold Maintains $52 → $54	Hold	Maintains	$52 → $54	-3.51%	May 26, 2026
Justin Jenkins Raymond James	Raymond James	Buy Maintains $55 → $56	Buy	Maintains	$55 → $56	+0.25%	May 12, 2026
Unknown Analyst National Bank No rating	National Bank	Hold Maintains $51 → $51	Hold	Maintains	$51 → $51	-8.52%	May 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

67.49B

from 65.19B

3.52%

from 65.19B

Revenue Next Year

67.26B

from 67.49B

-0.35%

from 67.49B

EPS This Year

2.89

from 3.02

-4.25%

from 3.02

EPS Next Year

3.17

from 2.89

9.70%

from 2.89

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	47.07B	53.31B	43.65B	53.47B	65.19B	67.49B	67.26B
Revenue Growth	20.43%	13.25%	-18.12%	22.51%	21.92%	3.52%	-0.35%
EPS	2.87	1.28	2.84	2.34	3.22	2.97	3.34
EPS Growth	94.35%	-55.45%	122.13%	-17.61%	37.61%	-7.91%	12.58%
Forward PE	-	-	-	-	-	26.92	23.91
No. Analysts	-	-	-	-	-	8	8

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	75.1B	75.7B
Avg	67.5B	67.3B
Low	56.7B	53.2B

Revenue Growth

Revenue Growth	2026	2027
High	15.2%	12.2%
Avg	3.5%	-0.3%
Low	-13.0%	-21.2%

EPS Forecast

EPS	2026	2027
High	3.16	3.47
Avg	2.89	3.17
Low	2.12	1.91

EPS Growth

EPS Growth	2026	2027
High	4.6%	19.9%
Avg	-4.2%	9.7%
Low	-29.8%	-34.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.