NYSE: ENB

Enbridge (ENB) Stock Analysis & Forecast

Nov 4 close

$48.78−0.16 (−0.3%)

Gekko Brief

AI summaryNov 4 close

This week's news centers on Enbridge's quarterly dividend announcements rather than operational developments. The company declared a quarterly common-share dividend of $0.9700, unchanged from the previous payout, payable on December 1 to shareholders of record on November 13, alongside a preferred-share dividend of $0.2748. One report framed the common dividend as representing a 7.9 percent annualized yield. Separate commentary noted shares consolidating near a support level, with mixed technical signals.

Enbridge (ENB) closed at $48.78, down 0.3%, sitting between its 50-day average of $48.21 and 200-day average of $52.25. Over the past month the stock gained 4.8%, though it remains down 5.6% over three months and 10% over six months, with a 52-week range of $45.03 to $58.45. The GekkoIndex reads 54.4, placing it in the Neutral zone. Gekko Fair Value stands at $48.39, putting price just 0.8% above that level.

Enbridge reports earnings on 6 November 2026, before the open, just tomorrow and inside a typical 20-trading-day holding window. In the prior quarter, reported on 31 July 2026, EPS of $0.46 beat the $0.43 estimate, though shares reacted -2.4%; the company has beaten estimates in 7 of the last 8 quarters, with an average absolute reaction of 2.4%. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality over the past 5 years shows the next 20 trading days averaging +0.3%, rising in 3 of those years. The consensus analyst target sits at $51.59, implying 5.8% upside.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Enbridge price vs fair value

$48.78$48.39Nov ’25May ’26Nov ’26
Close $48.78200-day averageGekko Fair Value $48.39

Enbridge quick facts

Market cap
$108.7B
P/E ratio
26.3
Forward P/E
20.7
EPS, TTM
$1.87
Revenue, TTM
$83.49B
Profit margin
7.3%
Dividend yield
7.74%
Beta
0.79
Volume
7.33M avg 3.69M
1-year return
+4.6%
Typical daily move
±1.4%
Typical 20-day move
±4%
50-day average
$48.21
200-day average
$52.25
Next earnings
Nov 6 before open
Shares outstanding
2.23B
52-week range
$45.03$58.45

Enbridge swing-trade checklist

Enbridge scores 1 supportive, 3 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive3 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $48.78 sits between the 50-day ($48.21) and 200-day ($52.25) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    54.4, Neutral

    Reading 54.4 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    0.8% above

    Price is within 5% of Gekko Fair Value (0.8% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports tomorrow

    Reports on Nov 6, 2026, tomorrow — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +0.3% on average

    From this point in the calendar, the next 20 trading days averaged +0.3% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Enbridge stock chart and price history

Enbridge closed at $48.78 on Nov 4, 2026, +4.6% over the past year, inside a 52-week range of $45.03 to $58.45.

Close50-day average200-day averageVolume
Enbridge share price, past year, with 50-day and 200-day moving averages and volume$45$50$55DecJan 2026FebMarAprMayJunJulAugSepOct48.78

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+4.8%
3 months
−5.6%
6 months
−10.0%
1 year
+4.6%
The full ENB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ENB in Gekko

Follow Enbridge through every session

Put ENB on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Enbridge

Enbridge moves energy resources rather than producing them, running the infrastructure that carries crude oil and natural gas across Canada and the United States. It is widely recognized for its extensive pipeline network, which transports and stores various liquid hydrocarbons while also handling related marketing and logistics services tied to crude oil.

The company's work is divided into four areas. One focuses on shipping and storing oil and other liquid fuels, plus buying and selling related commodities. Another centers on natural gas, covering pipeline investment along with gathering and processing operations. A separate arm delivers gas directly to homes, businesses and factories in Ontario and handles distribution in Quebec as well. The remaining segment produces power from renewable sources such as wind, solar and geothermal energy, along with waste heat recovery and the transmission lines that carry this electricity.

Enbridge traces its founding back to 1949 and operates out of Calgary, Canada. It once went by the name IPL Energy Inc. before adopting its present name near the end of 1998. Its stock trades on the NYSE under the ticker ENB.

Listed
NYSE
Sector
Industrial services
Industry
Oil & gas pipelines
Website
enbridge.com

Enbridge GekkoIndex: the smart money zone

Enbridge’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 54.4, in the Neutral zone, up 0.5 points over five sessions.

010054.4Neutral

Up 0.5 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying38+1.3%+0.9%+1.8%+1.5%
Accumulation182+0.3%+1.0%+2.2%+4.6%
Neutral (current zone)452+0.2%+0.3%+0.5%+2.2%
Distribution24−0.4%+0.3%+0.7%+1.0%
Selling1Too few readings yet

Average ENB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ENB price, zone by zone.Track ENB in Gekko

Is Enbridge stock overvalued? Gekko Fair Value

Enbridge trades 0.8% above Gekko Fair Value of $48.39, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Enbridge shares are worth, recalculated every trading day.

$48.39

Gekko Fair Value, Nov 4, 2026

0.8% above fair value · About fair value

At the end of Aug 2026 the price was 1.9% below the estimate.

Gekko Fair ValueShare price, month end
$48$49Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ENB in Gekko

Enbridge insider and Congress trading

No open-market insider purchases were filed for Enbridge, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ENB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ENB insider filing, plotted on the chart in Gekko.Open ENB in Gekko

Congress trades last 90 days

No trades in ENB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ENB, plotted on the chart in Gekko.Open ENB in Gekko

Enbridge earnings: next date and track record

Enbridge reports on Nov 6, 2026, before the open (tomorrow), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±2.4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+1.1%Nov ’24−5.9%Feb ’25−2.7%May ’25+2.9%Aug ’25+2.2%Nov ’25−0.8%Feb ’26+0.9%May ’26−2.4%Jul ’26

Last earnings call, Jul 31, 2026 AI summary

What they said
Enbridge reported a solid Q2 2026 with high utilization across all four business segments and strong operational progress (Blackcomb commissioning, Houston Oil Terminal in service, sanctioned Wisconsin Line 5 relocation, Bay Runner Twin sanction in the Permian). Management highlighted robust financial performance (adjusted EBITDA up year-on-year, DCF/share growth) and reaffirmed 2026 guidance. The company emphasized a large growth pipeline ($41 billion secured backlog; $50 billion organic growth opportunities through 2030; ~$9 billion sanctioned YTD and an objective to sanction up to $20 billion in 2026-27). Key commercial activity includes Mainline optimization (MLO2 resequencing), significant gas-transmission recontracting and demand (Beacon, Texas Eastern, Gulf Coast), renewables FIDs (~$3.4B since Investor Day and ~1.5 GW under construction), and utility rate-base growth (U.S. utilities >8% rate base growth). Management communicated confidence in balance sheet management (5.1x debt/EBITDA quarter end; FX-adjusted target 4.5-5x) and reiterated capital allocation priorities (equity self-fund growth, disciplined balance sheet).
Guidance
Management reaffirmed full-year 2026 guidance established in December (no change) and reiterated the objective to sanction up to $20 billion of projects in 2026-2027; they highlighted a $41 billion secured capital backlog and $50 billion organic growth opportunity through 2030.
Risks flagged
Geopolitical and commodity price volatility (WTI swings, Strait of Hormuz uncertainty), slower-than-expected policy implementation (Canada/Alberta production policy timing), permitting and regulatory risk for projects (e.g., Beacon), higher U.S. interest rates and FX impacts on leverage, timing risk for producer FIDs and upstream development, and potential legislation or affordability concerns in utility jurisdictions.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 31, 2026$0.46
est $0.43
+7.0%$15.36B
est $8.67B
+77.2%−2.4%
May 8, 2026$0.71
est $0.69
+2.9%$16.07B
est $9.70B
+65.7%+0.9%
Feb 13, 2026$0.88
est $0.79
+11.1%$12.51B
est $6.16B
+103.0%−0.8%
Nov 7, 2025$0.46
est $0.55
−16.4%$14.64B
est $9.08B
+61.2%+2.2%
Aug 1, 2025$0.47
est $0.41
+14.6%$10.88B
est $7.05B
+54.3%+2.9%
May 9, 2025$0.72
est $0.68
+5.9%$12.99B
est $8.04B
+61.5%−2.7%
Feb 14, 2025$0.75
est $0.74
+1.4%$11.27B
est $5.39B
+108.9%−5.9%
Nov 1, 2024$0.59
est $0.55
+7.3%$10.93B
est $5.00B
+118.6%+1.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Enbridge stock forecast and analyst price targets

Analysts’ average 12-month price target for Enbridge is $51.59, +5.8% from the last close.

$51.59consensus 12-month target, +5.8% from the last close
+0.5%average 20-day move after past Neutral readings
+0.3%average move over the next 20 trading days in the last 5 years
±1.4%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Enbridge seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Enbridge averaged +0.3% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−11.1%2021−0.7%2022+3.7%2023+6.5%2024+2.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.3%3 of 5
Next 10 trading days+0.8%3 of 5
Next 15 trading days+0.7%4 of 5
Next 20 trading days+0.3%3 of 5
Next 30 trading days−2.0%3 of 5

For scale, ENB’s typical 20-trading-day move in either direction is about 4%.

Enbridge market cap and key statistics

Enbridge’s market cap is $108.7B, with a P/E ratio of 26.3 and revenue of $83.49B over the last twelve months.

Valuation

Market cap
$108.7B
P/E ratio
26.3
Forward P/E
20.7
EPS, TTM
$1.87
Gekko Fair Value
$48.39

Trading

Volume
7.33M
Avg volume, 20 days
3.69M
52-week high
$58.45
52-week low
$45.03
Shares outstanding
2.23B

Financials

Revenue, TTM
$83.49B
Profit margin
7.3%
Return on equity
9.2%
Quarterly earnings growth, YoY
−36.0%

Risk and income

Beta
0.79
Typical daily move
±1.4%
Typical 20-day move
±4%
Dividend yield
7.74%

Enbridge stock news this week

Coverage of Enbridge this week reads neutral: 5 positive, 6 neutral and 5 negative headlines.

News sentiment neutral

Enbridge peers

Enbridge’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
WMBWilliams Companies−4.9%Accumulation2.1% below
EPDEnterprise Products Partners−1.4%Neutral19.9% below
KMIKinder Morgan−3.4%Accumulation17.1% below
ETEnergy Transfer−0.5%Neutral40.3% below
TRPTC Energy−1.3%Neutral2.0% below
LNGCheniere Energy−4.8%Neutral40.5% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Oil & gas pipelines

Enbridge stock FAQ

What is Enbridge’s market cap?

Enbridge’s market cap is $108.7B at the Nov 4, 2026 close of $48.78, with 2.23B shares outstanding. The shares trade on a P/E ratio of 26.3.

What is the Enbridge stock forecast?

The consensus analyst 12-month price target for Enbridge is $51.59, +5.8% from the last close. Gekko doesn’t publish price predictions of its own.

Is Enbridge stock overvalued or undervalued?

On Gekko’s estimate Enbridge is about fair value: the Nov 4, 2026 close of $48.78 is 0.8% above Gekko Fair Value of $48.39. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Enbridge report earnings next?

Enbridge is expected to report on Nov 6, 2026, before the market opens (tomorrow). Analysts expect earnings of $0.36 per share on revenue of $9.62B. Enbridge beat the earnings estimate in 7 of its last 8 reports, moving 2.4% on average across the report.

What is Enbridge’s 52-week high and low?

Enbridge’s 52-week high is $58.45 and its 52-week low is $45.03; it closed at $48.78 on Nov 4, 2026, +4.6% over the past year.

Is Enbridge stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 5 items with data read as supportive (seasonality), 3 as mixed (trend, gekkoindex and fair value) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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