Enbridge Inc. (ENB) Analyst Estimates & Price Targets

Enbridge Inc. (ENB) — Price $49.27 (closing price, October 29, 2026) — Energy — Oil & Gas Midstream — NYSE

Latest reported results:

Wall Street analyst estimates for Enbridge Inc. (ENB): consensus price target and buy/hold/sell recommendations.

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States.

Consensus price target

$61.63 (+25 % vs price $49.27)

between $50.00 and $79.50 · 4 targets published in the last quarter

Closing price, Oct 29

A twelve-month target is not a fair value: compare it with the range in the Valuation tab.

Analyst Consensus

Strong Buy0
Buy12
Hold12
Sell1
Strong Sell0
Total analysts25
Avg rating (−2 sell to +2 buy)0.44

Recent Earnings Surprises

DateEPS ActualEPS Est.vs Est.
2026-11-06$0.37
2026-07-31$0.46$0.43+7.0%
2026-05-08$0.71$0.69+2.9%
2026-02-13$0.63$0.60+5.0%
2025-11-07$0.33$0.39-15.4%
2025-08-01$0.47$0.41+14.6%
2025-05-09$0.72$0.68+5.9%
2025-02-14$0.53$0.52+1.9%

Valuation Ratios

P/E Ratio23.26
Price / Book2.33
EV / EBITDA13.04
Dividend Yield5.52%

Income Statement (10y)

Year2016201720182019202020212022202320242025
Revenue34.56B CAD44.38B CAD46.38B CAD50.07B CAD39.09B CAD47.07B CAD53.31B CAD43.65B CAD53.47B CAD65.19B CAD
Cost of Revenue26.25B CAD31.80B CAD32.65B CAD34.40B CAD24.38B CAD32.55B CAD36.91B CAD25.98B CAD34.21B CAD43.70B CAD
Gross Profit8.31B CAD15.74B CAD13.73B CAD15.67B CAD14.71B CAD14.52B CAD16.40B CAD17.67B CAD19.27B CAD21.50B CAD
Research & Development0000000000
Selling, General & Admin4.36B CAD6.44B CAD6.79B CAD6.99B CAD-148.0M CAD-150.0M CAD-239.0M CAD-135.0M CAD00
Operating Expenses5.73B CAD11.01B CAD8.91B CAD7.41B CAD6.75B CAD6.71B CAD11.22B CAD9.02B CAD9.62B CAD10.54B CAD
Operating Income2.58B CAD1.57B CAD4.82B CAD8.26B CAD7.96B CAD7.80B CAD5.18B CAD8.65B CAD9.65B CAD10.96B CAD
EBITDA6.28B CAD9.55B CAD10.31B CAD13.66B CAD10.75B CAD14.29B CAD12.08B CAD16.35B CAD16.87B CAD20.45B CAD
Interest Expense1.59B CAD2.83B CAD2.83B CAD2.12B CAD2.01B CAD2.71B CAD3.22B CAD3.82B CAD4.40B CAD4.99B CAD
Pre-tax Income2.45B CAD569.0M CAD3.57B CAD7.54B CAD4.19B CAD7.73B CAD4.54B CAD7.88B CAD7.30B CAD9.79B CAD
Income Tax142.0M CAD-2.70B CAD237.0M CAD1.71B CAD774.0M CAD1.42B CAD1.60B CAD1.82B CAD1.67B CAD2.00B CAD
Net Income2.07B CAD2.86B CAD2.88B CAD5.71B CAD3.36B CAD6.19B CAD3.00B CAD6.19B CAD5.44B CAD7.49B CAD
EPS$1.95$1.66$1.46$2.64$1.48$2.87$1.28$2.84$2.34$3.24
EPS (Diluted)$1.93$1.65$1.46$2.63$1.48$2.87$1.28$2.84$2.34$3.24
Shares Outstanding (Diluted)918.0 M1,532.0 M1,727.0 M2,020.0 M2,021.0 M2,025.0 M2,029.0 M2,058.0 M2,158.0 M2,186.0 M

Price

Price$49.27 (closing price, October 29, 2026)
Market Cap$109.8B
ExchangeNYSE
CountryCA

Related companies: WMB · EPD · KMI · MPLX · OKE · TRGP · TRP.TO · PPL.TO

Explore sector: Energy · Oil & Gas Midstream

More sections of ENB: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events

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