
Enbridge (ENB) Stock Forecast & Price Target
Enbridge (ENB) Analyst Ratings
Bulls say
Enbridge's substantial midstream assets, which facilitate the transportation of hydrocarbons across North America, contribute to robust financial performance, exemplified by an anticipated DCF/share increase to $5.82 in 2025 and $6.05 in 2026, reflecting higher EBITDA projections. The company's commitment to shareholder returns is evident, as evidenced by a consistent 3% increase in dividends aligning with its target DCF payout ratio of 60-70%. Additionally, the expected growth in the renewable power generation segment, with an EBITDA forecast of approximately $700 million, underscores Enbridge's diversified portfolio and potential for continued financial stability and expansion.
Bears say
Enbridge faces a challenging market environment characterized by a prevailing negative sentiment towards hydrocarbon infrastructure, which creates existential risks for its pipeline business. Despite expectations for lower leverage and projected DCFPS growth for 2024 and 2025, the company's estimates have been adjusted downward due to rising financing costs and cash taxes. Furthermore, significant concerns related to the Line 5 easement dispute and ongoing political tensions regarding infrastructure could severely undermine investor confidence, leading to potential valuation declines.
This aggregate rating is based on analysts' research of Enbridge and is not a guaranteed prediction by Public.com or investment advice.
Enbridge (ENB) Analyst Forecast & Price Prediction
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