ENBRIDGE INC (ENB.CA) Forecast, Price Target & Analyst Ratings

TSX:ENB • CA29250N1050

Current stock price

71.99 CAD
-0.31 (-0.43%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ENBRIDGE INC (ENB.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$75.90
+ 5.44% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 8, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.98
Revenue Estimate
18.726B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
70.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$75.90
Upside
+ 5.44%
From current price of CA$71.99 to mean target of CA$75.90, Based on 28 analyst forecasts
Low
CA$50.83
Median
CA$77.01
High
CA$89.25

Price Target Revisions

1 Month
3.04%
3 Months
6.95%

Price Target Summary

28 Wall Street analysts provided a forecast for the next 12 months for ENB.CA. The average price target is 75.9 CAD. This implies a price increase of 5.44% is expected in the next year compared to the current price of 71.99.
The average price target has been revised upward by 6.95% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ENB Current Analyst RatingENB Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10

Analyst Ratings History

ENB Historical Analyst RatingsENB Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
70.00%
ENB.CA was analyzed by 28 analysts. The buy percentage consensus is at 70. So analysts seem to be have mildly positive about ENB.CA.
In the previous month the buy percentage consensus was at a similar level.
ENB.CA was analyzed by 28 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-12-22TD SecuritiesMaintains Buy -> Buy
2022-12-09Scotiabank CapitalDowngrade Sector Perform
2022-12-01Morningstar Inc.Downgrade Hold
2022-12-01CIBC Capital MarketsUpgrade Outperform
2022-12-01Scotiabank CapitalMaintains Sector Perform
2022-12-01STA ResearchMaintains Hold
2022-12-01BarclaysDowngrade
2022-11-25JP Morgan & CompanyDowngrade Buy
2022-11-07National Bank of Canada FinancialDowngrade Sector Perform
2022-11-07Scotiabank CapitalMaintains Sector Perform
2022-11-07STA ResearchMaintains Hold
2022-11-04CIBC Capital MarketsMaintains Outperform
2022-10-25National Bank of Canada FinancialDowngrade
2022-10-25Credit SuisseDowngrade
2022-10-24JP Morgan & CompanyDowngrade
2022-10-20Scotiabank CapitalDowngrade Strong Buy
2022-10-18STA ResearchReiterate Hold
2022-10-11CIBC Capital MarketsDowngrade Outperform
2022-10-04CIBC Capital MarketsMaintains Outperform
2022-10-03UBSDowngrade
2022-09-30BarclaysDowngrade
2022-09-29Scotiabank CapitalMaintains Sector Perform
2022-09-29STA ResearchMaintains Hold
2022-09-20BMO FinancialDowngrade
2022-09-12Raymond James CapitalUpgrade Market Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 8, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.98
Revenue Estimate
18.726B
Revenue Q2Q
1.21%
EPS Q2Q
-5.07%
Number of Analysts
15

Next Earnings Revisions

Revenue (1 Month)
-0.69%
Revenue (3 Months)
-8.24%
EPS (1 Month)
-1.50%
EPS (3 Months)
-0.95%

Next Earnings Summary

ENB.CA is expected to report earnings on 5/8/2026. The consensus EPS estimate for the next earnings is 0.98 CAD and the consensus revenue estimate is 18.73B CAD.
The next earnings revenue estimate has been revised downward by 8.24% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2031

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031
Revenue
YoY % growth
ENB.CA revenue by date.ENB.CA revenue by date.
43.649B
-18.12%		53.473B
22.51%		65.194B
21.92%		62.223B
-4.56%		64.205B
3.19%		67.349B
4.90%		63.432B
-5.82%		64.438B
1.59%		N/A
EBITDA
YoY % growth
ENB.CA ebitda by date.ENB.CA ebitda by date.
13.516B
7.71%		14.96B
10.68%		16.982B
13.52%		20.808B
22.53%		21.967B
5.57%		23.344B
6.27%		24.51B
4.99%		25.189B
2.77%		27.852B
10.57%
EBIT
YoY % growth
ENB.CA ebit by date.ENB.CA ebit by date.
8.903B
8.15%		9.793B
10.00%		11.321B
15.60%		14.463B
27.75%		15.441B
6.76%		14.159B
-8.30%		18.027B
27.32%		18.242B
1.19%		N/A
Operating Margin
ENB.CA operating margin by date.ENB.CA operating margin by date.
20.40%18.31%17.37%23.24%24.05%21.02%28.42%28.31%N/A
EPS
YoY % growth
ENB.CA eps by date.ENB.CA eps by date.
2.79
-0.71%		2.80
0.36%		3.02
7.86%		3.03
0.25%		3.27
8.00%		3.57
9.04%		3.72
4.46%		3.74
0.50%		4.07
8.76%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.98
-5.07%		0.64
-1.16%		0.56
21.53%		0.86
-2.50%		1.04
6.25%		0.68
6.27%		0.62
11.36%		0.91
6.06%		1.19
14.52%		0.79
15.46%		0.68
8.53%		1.06
16.09%
Revenue
Q2Q % growth		18.726B
1.21%		15.179B
2.04%		13.917B
-4.93%		18.009B
4.84%		19.302B
3.08%		15.353B
1.15%		16.107B
15.74%		18.263B
1.41%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		5.835B
16.35%		4.833B
-11.29%		4.596B
-26.82%		5.512B
-36.23%		6.166B
5.67%		5.091B
5.34%		4.896B
6.53%		5.836B
5.88%		6.596B
6.97%		5.427B
6.60%		5.185B
5.90%		6.21B
6.41%
EBIT
Q2Q % growth		4.171B
15.64%		3.228B
21.86%		2.947B
41.48%		3.895B
30.57%		4.877B
16.93%		3.637B
12.67%		3.187B
8.14%		4.162B
6.85%		N/AN/AN/AN/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ENB.CA Yearly Revenue VS EstimatesENB.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B
ENB.CA Yearly EPS VS EstimatesENB.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
5.69%
EPS Next 5 Year
4.39%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.76%
Revenue Next 5 Year
0.76%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
19.62%
EBIT Next 5 Year
13.05%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ENBRIDGE INC / ENB.CA Forecast FAQ

Can you provide the average price target for ENBRIDGE INC stock?

28 analysts have analysed ENB.CA and the average price target is 75.9 CAD. This implies a price increase of 5.44% is expected in the next year compared to the current price of 71.99.

What is the next earnings date for ENB stock?

ENBRIDGE INC (ENB.CA) will report earnings on 2026-05-08, before the market open.

What are the consensus estimates for ENBRIDGE INC (ENB.CA) next earnings?

The consensus EPS estimate for the next earnings of ENBRIDGE INC (ENB.CA) is 0.98 CAD and the consensus revenue estimate is 18.73B CAD.

How many analysts cover ENBRIDGE INC (ENB.CA) stock?

The number of analysts covering ENBRIDGE INC (ENB.CA) is 28.