NYSE: ENB

Enbridge (ENB) Stock Analysis & Forecast

Enbridge Inc. Industrial services sector, oil & gas pipelines industry. Market cap $106.4B.

$48.73−0.02 (0.0%)

Close on Sep 18, 2026. Page updated Sep 19, 9:16 pm ET.

Gekko Brief

AI summary

Enbridge trades at $48.73, below both its 50-day average of $52.11 and 200-day average of $52.18, with the shorter average sitting under the longer one. The GekkoIndex reads 65.6, placing ENB in the Accumulation zone, while the stock sits 0.8% below Gekko Fair Value of $49.12. Shares are down 3% over one month, 10.7% over three months and 9.9% over six months, trading between a 52-week low of $45.03 and high of $58.45.

This week's coverage centers on Enbridge's balance sheet and infrastructure activity. The company closed a C$3.0 billion equity offering, with proceeds earmarked for announced acquisitions and financial flexibility. Line 5 was restored via a temporary bypass following a Wisconsin incident, while the Great Lakes Tunnel project drew renewed opposition from Michigan Governor Gretchen Whitmer. Enbridge also launched an open season for its proposed West Texas Express natural gas pipeline. Institutional activity included Bank of America Corp DE acquiring a $380.9 million stake and Nykredit A S taking a $51.75 million position, with 54.6% of Enbridge's stock held by institutional investors.

Looking ahead, the next earnings date is 6 November, 47 days out and beyond a typical 20-trading-day hold. No insider, Congress or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged a decline of 1.8% over five years, positive in 2 of those years. The gap to Gekko Fair Value bears watching as the stock hovers near that level despite ongoing project and financing headlines.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $48.73200-day averageGekko Fair Value $49.12

Key stats

Market cap
$106.4B
P/E ratio
26.2
Forward P/E
20.4
EPS, TTM
$1.86
Revenue, TTM
$83.49B
Profit margin
7.3%
Dividend yield
7.92%
Beta
0.77
Volume
3.37M avg 5.15M
1-year return
−0.8%
Typical daily move
±1.8%
Typical 20-day move
±4%
50-day average
$52.11
200-day average
$52.18
Next earnings
Nov 6 before open
Shares outstanding
2.18B
52-week range
$45.03$58.45

Enbridge swing-trade checklist

Enbridge scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

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

2 supportive1 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $48.73 is below the 50-day ($52.11) and 200-day ($52.18) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    65.6, Accumulation

    Reading 65.6 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuemixed

    0.8% below

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

    See fair value
  • Smart moneyno data

    No data

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

    See smart money
  • Earnings risksupportive

    Reports in 47 days

    Next report Nov 6, 2026, 47 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −1.8% on average

    From this point in the calendar, the next 20 trading days averaged −1.8% over 5 years, rising in 2 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 $48.73 on Sep 18, 2026, −0.8% over the past year, inside a 52-week range of $45.03 to $58.45.

Close50-day average200-day averageVolume

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

Performance Breakdown

1 month
−3.0%
3 months
−10.7%
6 months
−9.9%
1 year
−0.8%
The full ENB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ENB in Gekko

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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 65.6, in the Accumulation zone, down 8.4 points over five sessions.

010065.6Accumulation

Down 8.4 points over five sessions, from the Buying zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying35+1.3%+1.2%+2.7%+4.4%
Accumulation (current zone)158+0.5%+1.4%+3.2%+5.6%
Neutral444+0.2%+0.2%+0.5%+2.9%
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, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. 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% below Gekko Fair Value of $49.12, 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.

$49.12

Gekko Fair Value, Sep 19, 2026

0.8% below fair value · About fair value

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 (47 days away), 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 $52.09, +6.9% from the last close.

$52.09consensus 12-month target, +6.9% from the last close
+3.2%average 20-day move after past Accumulation readings
−1.8%average move over the next 20 trading days in the last 5 years
±1.8%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 Sep 19, Enbridge averaged −1.8% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+9.7%2021−10.4%2022−6.8%2023+3.6%2024−4.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.6%3 of 5
Next 10 trading days−2.0%3 of 5
Next 15 trading days−3.1%2 of 5
Next 20 trading days−1.8%2 of 5
Next 30 trading days−2.1%2 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 $106.4B, with a P/E ratio of 26.2 and revenue of $83.49B over the last twelve months.

Valuation

Market cap
$106.4B
P/E ratio
26.2
Forward P/E
20.4
EPS, TTM
$1.86
Gekko Fair Value
$49.12

Trading

Volume
3.37M
Avg volume, 20 days
5.15M
52-week high
$58.45
52-week low
$45.03
Shares outstanding
2.18B

Financials

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

Risk and income

Beta
0.77
Typical daily move
±1.8%
Typical 20-day move
±4%
Dividend yield
7.92%

Enbridge stock news this week

Coverage of Enbridge this week reads neutral: 2 positive, 1 neutral and 2 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+1.0%Accumulation3.5% above
EPDEnterprise Products Partners+0.5%Neutral14.2% below
ETEnergy Transfer+0.6%Neutral36.3% below
KMIKinder Morgan+2.1%Neutral15.5% below
TRPTC Energy−1.3%Accumulation5.9% below
MPLXMPLX+1.3%Neutral24.1% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Enbridge stock FAQ

What is Enbridge’s market cap?

Enbridge’s market cap is $106.4B at the Sep 18, 2026 close of $48.73, with 2.18B shares outstanding. The shares trade on a P/E ratio of 26.2.

What is the Enbridge stock forecast?

The consensus analyst 12-month price target for Enbridge is $52.09, +6.9% 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 Sep 18, 2026 close of $48.73 is 0.8% below Gekko Fair Value of $49.12. 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 (47 days away). Analysts expect earnings of $0.38 per share on revenue of $7.31B. 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 $48.73 on Sep 18, 2026, −0.8% 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, 2 of the 5 items with data read as supportive (gekkoindex and earnings risk), 1 as mixed (fair value) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every 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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