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Enbridge (ENB, Pipelines & storage) Stock Valuation & Fair Value Weak on forward returns

Enbridge (ENB, Pipelines & storage) trades at a current P/E of 22.6, about 4% above its historical normal valuation, with a forward growth estimate of 8.4% and a PEG of 2.68. Analysts' one-year estimates have been hit 82% of the time. Priced at its historical normal P/E of 21.8 on the same blended earnings, the 2026-10-09 close of $46.60 corresponds to about $45.00 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-10-12
Current P/E
22.6
Normal P/E
21.8
PEG
2.68
Fwd growth
8.4%
Div yield
5.7%
RSI (14)
42.5
Neutral
Technical context
  • Price $46.95 at the 2026-10-12 close, 0.4% below the 20-day average ($47.16) and 4.5% below the 50-day ($49.14).
  • RSI (14) at 42.5.
  • 52-week range $43.47 to $57.25: the price is 18.0% below the high and 8.0% above the low.

The Street vs SeerForecast

Wall Street's mean price target for ENB is $51.08 across 5 analysts, 8.8% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: weak on forward returns. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been weak on forward returns since 2026-06-14.

Current P/E and rating by weekCurrent P/E moved from 25.5 to 22.6 between 2026-06-12 and 2026-10-09, against a normal P/E of 21.8, with 0 rating changes over 37 recorded weeks.2026-06-12: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-06-142026-06-16: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-06-162026-06-18: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-06-212026-07-02: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-07-022026-07-06: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-07-062026-07-09: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-07-092026-07-10: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-07-122026-07-13: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-07-132026-07-14: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-07-142026-07-20: P/E 25.5, Weak on forward returns, recalculated for the week of 2026-07-202026-07-22: P/E 26.1, Weak on forward returns, recalculated for the week of 2026-07-222026-07-24: P/E 26.1, Weak on forward returns, recalculated for the week of 2026-07-252026-07-27: P/E 26.1, Weak on forward returns, recalculated for the week of 2026-07-272026-07-31: P/E 26.1, Weak on forward returns, recalculated for the week of 2026-07-312026-07-31: P/E 25.6, Weak on forward returns, recorded live 2026-08-032026-08-07: P/E 25.6, Weak on forward returns, recalculated for the week of 2026-08-072026-08-07: P/E 24.2, Weak on forward returns, recorded live 2026-08-102026-08-14: P/E 24.2, Weak on forward returns, recalculated for the week of 2026-08-142026-08-14: P/E 23.9, Weak on forward returns, recorded live 2026-08-172026-08-21: P/E 23.9, Weak on forward returns, recalculated for the week of 2026-08-212026-08-21: P/E 23.6, Weak on forward returns, recorded live 2026-08-242026-08-27: P/E 23.6, Weak on forward returns, recalculated for the week of 2026-08-272026-08-28: P/E 23.6, Weak on forward returns, recalculated for the week of 2026-08-282026-08-28: P/E 23.6, Weak on forward returns, recalculated for the week of 2026-08-302026-08-28: P/E 23.5, Weak on forward returns, recorded live 2026-08-312026-09-04: P/E 23.5, Weak on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 23.5, Weak on forward returns, recorded live 2026-09-072026-09-11: P/E 23.5, Weak on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 22.4, Weak on forward returns, recorded live 2026-09-142026-09-18: P/E 22.4, Weak on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 23.1, Weak on forward returns, recorded live 2026-09-212026-09-25: P/E 22.2, Weak on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 22.2, Weak on forward returns, recorded live 2026-09-282026-10-02: P/E 22.0, Weak on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 22.0, Weak on forward returns, recorded live 2026-10-052026-10-09: P/E 22.6, Weak on forward returns, recalculated for the week of 2026-10-102026-10-09: P/E 22.6, Weak on forward returns, recorded live 2026-10-1222.024.026.0Jun 12Jul 12Aug 11Sep 9Oct 9Normal P/E 21.8
Weak on forward returns

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-06-14P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-22P/E 26.1+20%Weak on forward returns (recalculated)
2026-10-03P/E 22.0+1%Weak on forward returns (recalculated)
2026-10-12P/E 22.6+4%Weak on forward returns ← now
Show all 37 weeks
WeekCurrent P/EPremium to normal P/ERating
2026-06-14P/E 25.5+17%Weak on forward returns (recalculated)
2026-06-16P/E 25.5+17%Weak on forward returns (recalculated)
2026-06-21P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-02P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-06P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-09P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-12P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-13P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-14P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-20P/E 25.5+17%Weak on forward returns (recalculated)
2026-07-22P/E 26.1+20%Weak on forward returns (recalculated)
2026-07-25P/E 26.1+20%Weak on forward returns (recalculated)
2026-07-27P/E 26.1+20%Weak on forward returns (recalculated)
2026-07-31P/E 26.1+20%Weak on forward returns (recalculated)
2026-08-03P/E 25.6+17%Weak on forward returns
2026-08-07P/E 25.6+17%Weak on forward returns (recalculated)
2026-08-10P/E 24.2+11%Weak on forward returns
2026-08-14P/E 24.2+11%Weak on forward returns (recalculated)
2026-08-17P/E 23.9+10%Weak on forward returns
2026-08-21P/E 23.9+10%Weak on forward returns (recalculated)
2026-08-24P/E 23.6+9%Weak on forward returns
2026-08-27P/E 23.6+9%Weak on forward returns (recalculated)
2026-08-28P/E 23.6+9%Weak on forward returns (recalculated)
2026-08-30P/E 23.6+9%Weak on forward returns (recalculated)
2026-08-31P/E 23.5+8%Weak on forward returns
2026-09-05P/E 23.5+8%Weak on forward returns (recalculated)
2026-09-07P/E 23.5+8%Weak on forward returns
2026-09-12P/E 23.5+8%Weak on forward returns (recalculated)
2026-09-14P/E 22.4+3%Weak on forward returns
2026-09-19P/E 22.4+3%Weak on forward returns (recalculated)
2026-09-21P/E 23.1+6%Weak on forward returns
2026-09-26P/E 22.2+2%Weak on forward returns (recalculated)
2026-09-28P/E 22.2+2%Weak on forward returns
2026-10-03P/E 22.0+1%Weak on forward returns (recalculated)
2026-10-05P/E 22.0+1%Weak on forward returns
2026-10-10P/E 22.6+4%Weak on forward returns (recalculated)
2026-10-12P/E 22.6+4%Weak on forward returns ← now

Frequently asked questions

Is Enbridge stock overvalued?

At a current P/E of 22.6 versus its historical normal P/E of 21.8, Enbridge trades about 4% above its typical valuation, with a PEG of 2.68 on 8.4% forward growth. tickerseer currently rates it weak on forward returns.

What is Enbridge's fair value and PEG?

Enbridge trades at a current P/E of 22.6 against a historical normal P/E of 21.8, a PEG of 2.68, and a forward growth estimate of 8.4%. Priced at its historical normal P/E of 21.8 on the same blended earnings, the 2026-10-09 close of $46.60 corresponds to about $45.00 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Enbridge changed?

tickerseer's rating has been weak on forward returns since 2026-06-14.

What is the analyst price target for Enbridge?

The mean Wall Street price target for Enbridge is $51.08 across 5 analysts, 8.8% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Pipelines & storage. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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