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NYSE: ENB
Enbridge Inc Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for ENB

Based on 1 analyst offering 12 month price targets for Enbridge Inc.
Min Forecast
$56.00+29.66%
Avg Forecast
$56.00+29.66%
Max Forecast
$56.00+29.66%

Should I buy or sell ENB stock?

Based on 3 analysts offering ratings for Enbridge Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

ENB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
ScotiaBank
Bottom 46%
46
HoldDowngradesN/AN/A2022-02-14
Morgan Stanley
Top 3%
98
HoldDowngradesN/AN/A2022-01-07
Wells Fargo
Top 11%
90
Strong BuyMaintains$56.00+29.66%2021-09-29

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Forecast return on equity

Is ENB forecast to generate an efficient return?
Company
10.74%
Industry
1.21%
Market
27.69%
ENB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ENB forecast to generate an efficient return on assets?
Company
3.85%
Industry
4.75%
ENB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ENB earnings per share forecast

What is ENB's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.32+24.2%
Avg 2 year Forecast
$2.44+30.62%
Avg 3 year Forecast
$2.43+30.09%
ENB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ENB revenue forecast

What is ENB's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$44.7B+10.23%
Avg 2 year Forecast
$46.8B+15.41%
Avg 3 year Forecast
$48.5B+19.55%
ENB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ENB earnings growth forecast

How is ENB forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
9.92%
Industry
11.7%
Market
16.25%
ENB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ENB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ENB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ENB revenue growth forecast

How is ENB forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
6.46%
Industry
-1.13%
Market
8.68%
ENB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ENB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ENB vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
ENB$43.19$56.00+29.66%Buy
EPD$27.30$29.56+8.26%Buy
TRP$50.57$57.00+12.72%Sell
KMI$18.65$20.20+8.31%Hold
WMB$34.32$36.50+6.35%Strong Buy
View Top Oil & Gas Midstream Stocks

Enbridge Stock Forecast FAQ

Is Enbridge Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: ENB) stock is to Buy ENB stock.

Out of 3 analysts, 1 (33.33%) are recommending ENB as a Strong Buy, 0 (0%) are recommending ENB as a Buy, 2 (66.67%) are recommending ENB as a Hold, 0 (0%) are recommending ENB as a Sell, and 0 (0%) are recommending ENB as a Strong Sell.

If you're new to stock investing, here's how to buy Enbridge stock.

What is ENB's earnings growth forecast for 2022-2024?

(NYSE: ENB) Enbridge's forecast annual earnings growth rate of 9.92% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 11.7%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.25%.

Enbridge's earnings in 2022 is $3,768,461,538.On average, 5 Wall Street analysts forecast ENB's earnings for 2022 to be $4,697,511,327, with the lowest ENB earnings forecast at $4,515,280,284, and the highest ENB earnings forecast at $5,082,221,306. On average, 5 Wall Street analysts forecast ENB's earnings for 2023 to be $4,940,486,051, with the lowest ENB earnings forecast at $4,596,271,859, and the highest ENB earnings forecast at $5,082,221,306.

In 2024, ENB is forecast to generate $4,920,238,157 in earnings, with the lowest earnings forecast at $4,899,990,263 and the highest earnings forecast at $4,940,486,051.

What is ENB's revenue growth forecast for 2022-2024?

(NYSE: ENB) Enbridge's forecast annual revenue growth rate of 6.46% is forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of -1.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.68%.

Enbridge's revenue in 2022 is $40,229,230,769.On average, 1 Wall Street analysts forecast ENB's revenue for 2022 to be $90,486,702,839,806, with the lowest ENB revenue forecast at $90,486,702,839,806, and the highest ENB revenue forecast at $90,486,702,839,806. On average, 1 Wall Street analysts forecast ENB's revenue for 2023 to be $94,740,603,064,628, with the lowest ENB revenue forecast at $94,740,603,064,628, and the highest ENB revenue forecast at $94,740,603,064,628.

In 2024, ENB is forecast to generate $98,133,016,158,323 in revenue, with the lowest revenue forecast at $98,133,016,158,323 and the highest revenue forecast at $98,133,016,158,323.

What is ENB's forecast return on assets (ROA) for 2022-2025?

(NYSE: ENB) forecast ROA is 3.85%, which is lower than the forecast US Oil & Gas Midstream industry average of 4.75%.

What is ENB's Price Target?

According to 1 Wall Street analyst that have issued a 1 year ENB price target, the average ENB price target is $56.00, with the highest ENB stock price forecast at $56.00 and the lowest ENB stock price forecast at $56.00.

The Wall Street analyst predicted that Enbridge's share price could reach $56.00 by Feb 14, 2023. The average Enbridge stock price prediction forecasts a potential upside of 29.66% from the current ENB share price of $43.19.

What is ENB's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: ENB) Enbridge's current Earnings Per Share (EPS) is $1.85. On average, analysts forecast that ENB's EPS will be $2.32 for 2022, with the lowest EPS forecast at $2.23, and the highest EPS forecast at $2.51. On average, analysts forecast that ENB's EPS will be $2.44 for 2023, with the lowest EPS forecast at $2.27, and the highest EPS forecast at $2.51. In 2024, ENB's EPS is forecast to hit $2.43 (min: $2.42, max: $2.44).

What is ENB's forecast return on equity (ROE) for 2022-2025?

(NYSE: ENB) forecast ROE is 10.74%, which is considered weak.
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