Enbridge Inc (ENB) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Enbridge Inc (ENB) stock forecast summary
Our AI ranks Enbridge Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Enbridge Inc is a large-cap company with a market capitalization of $105.05B. It ranks number 1 by market capitalization among the 8 Pipe Lines (No Natural Gas) issuers in our coverage with a current forecast. Its Current Ratio of 0.72x is the lowest of the 8 peers that report one.
For ENB, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 47.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ENB included.
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How ENB ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Enbridge Inc (ENB) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Pipe Lines (No Natural Gas) peers listed below that report each metric. Statement values were filed in CAD and are shown converted to USD (flows at the trailing twelve-month average rate, balances at the balance-sheet date rate).
Valuation & Market
| Metric | ENB | Rank |
|---|---|---|
| Market Cap | $105.05B | 1/8 |
| P/E Ratio | 36.32x | 2/7 |
| P/B Ratio | 2.28x | – |
| Dividend Yield | 6.27% | – |
| EPS | $1.32 | – |
| Book Value/Share | $21.08 | – |
| Revenue/Share | $27.67 | – |
| FCF/Share | $0.55 | – |
Profitability & Margins
| Metric | ENB | Rank |
|---|---|---|
| ROIC | 5.4% | 5/5 |
| Operating Margin | 13.3% | 4/7 |
| EBT Margin | 9.6% | 3/7 |
| Tax Rate | 20.9% | – |
Financial Health
| Metric | ENB | Rank |
|---|---|---|
| Current Ratio | 0.72x | 8/8 |
| Quick Ratio | 0.66x | 8/8 |
| D/E Ratio | 2.49x | – |
| Financial Leverage | 3.54x | – |
| Interest Coverage | 0.5x | 6/6 |
| Working Capital | -$4.83B | 8/8 |
Cash Flow
| Metric | ENB | Rank |
|---|---|---|
| Operating Cash Flow | $9.00B | 1/7 |
| Free Cash Flow | $1.21B | 5/7 |
| Capital Spending | -$7.79B | 7/7 |
| OCF Growth YoY | -3.8% | 7/7 |
| FCF Growth YoY | -67.5% | 5/5 |
| FCF/Sales | 2.0% | 7/7 |
| CapEx/Sales | 12.9% | 3/7 |
Operational Efficiency
| Metric | ENB | Rank |
|---|---|---|
| Asset Turnover | 0.36x | 3/5 |
| Receivables Turnover | 28.1x | 1/6 |
| Fixed Assets Turnover | 0.6x | 5/7 |
| Days Sales Outstanding | 13 days | 6/6 |
Income Statement
| Metric | ENB | Rank |
|---|---|---|
| Total Revenue | $60.42B | 1/7 |
| Operating Income | $8.06B | 1/7 |
Dividend & Shareholder Information
| Metric | ENB | Rank |
|---|---|---|
| Dividends Per Share | $3.02 | – |
| Payout Ratio | 228.8% | – |
| Shares Outstanding | 2184M | – |
| EPS Growth | -47.9% | – |
Balance Sheet Highlights (USD millions, converted from CAD)
| Total Current Assets | $12.48B | 7.6% of assets |
| Cash & Short-term Investments | $1.42B | 0.9% of assets |
| Accounts Receivable | $2.09B | 1.3% of assets |
| Inventory | $1.12B | 0.7% of assets |
| Total Liabilities | $114.68B | 70.3% of assets |
| Short-term Debt | $10.17B | 6.2% of assets |
ENB quarterly financials and insider trading
Enbridge Inc (ENB) industry peers
Companies classified under the same SEC industry code as Enbridge Inc (Pipe Lines (No Natural Gas)): 8 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ENB Enbridge Inc | ▼ | $105.05B |
| MPLX Mplx Lp | ▶ | $58.97B |
| DINO Hf Sinclair Corp | ▶ | $22.27B |
| PAA Plains All American Pipeline Lp | ▼ | $17.80B |
| SOBO South Bow Corp | ▼ | $7.24B |
| PAGP Plains Gp Holdings Lp | ▼ | $5.43B |
| DKL Delek Logistics Partners, Lp | ▼ | $3.06B |
| GEL Genesis Energy Lp | ▲ | $1.74B |
Where ENB sits on the market map
Enbridge Inc (ENB) stock news
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Enbridge Inc (ENB) stock forecast FAQ
What is the Enbridge Inc (ENB) stock forecast?
Our AI ranks Enbridge Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Enbridge Inc stock predictions?
For ENB, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 47.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 14.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Enbridge Inc forecasts updated?
Enbridge Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Enbridge Inc's industry peers?
8 issuers in our coverage, ENB included, share the SEC industry code Pipe Lines (No Natural Gas). The largest are: Mplx Lp (MPLX), Hf Sinclair Corp (DINO), Plains All American Pipeline Lp (PAA), South Bow Corp (SOBO), Plains Gp Holdings Lp (PAGP), Delek Logistics Partners, Lp (DKL).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.