TSX closed
Loading markets…
Stocks

Why Enbridge Inc stock is gaining today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:ENB.TO

Follow ENB

Photos provided by Pexels

Enbridge Inc's stock is on the rise, reflecting investor optimism ahead of its upcoming earnings report.

Enbridge Inc (ENB.TO) experienced a notable gain of 1.90% in the last trading session, closing at CA$77.35. This uptick comes as the market anticipates the company's upcoming earnings report, which could provide insights into its financial health and future prospects.

Investor takeaway: Investors are showing renewed interest in Enbridge, driven by optimistic earnings forecasts and the company's solid dividend yield, making it a potentially attractive option in the current market.

Enbridge Inc

ENB.TO

Full stock page →

ENB.TO

Enbridge Inc

Source:WealthAwesomeWealthAwesome
↓ $7.77 (-10.34%)
120 day period
$65.43$72.28$79.12May 15Aug 12Nov 5

Market cap

$150.07B

P/E

26.0x

Div. yield

5.63%

Div. / share

$3.83

52W high

$79.56

52W low

$59.99

1W change

+0.19%

Beta

0.79

Analyst Price Targets

Based on analyst covering ENB · as of Oct 29, 2026

📈

Wall Street analysts forecast ENB stock price to rise 16.2% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$78.25

+16.2% Upside

Previously C$78.43 on Oct 23, 2026

Current Price

C$67.33

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ENB's historical volatility

HistoricalForecast68%95%
C$50.19C$56.45C$62.71C$68.97C$75.23C$81.50TodayJun 29Sep 2Nov 5Dec 18Jan 31Mar 15

30-Day Vol

15.6%

Annualized

90-Day Vol

17.8%

Annualized

Trend (90d)

-21.5%

Annualized drift

90d Mean

C$62.34

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$65.62C$62.19 – C$69.25
60 trading daysC$63.96C$59.27 – C$69.02
90 trading daysC$62.34C$56.79 – C$68.43

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Enbridge Inc's Stock Rises 1.90%

The stock's recent performance contrasts with a broader market trend, highlighting investor confidence as earnings season approaches.

Bull case

The upcoming earnings report is expected to show a revenue increase, which could further boost investor confidence and drive the stock price higher.

Bear case

Despite the recent gain, Enbridge's stock has seen a decline over the past month. If the earnings results disappoint, it could reverse the current upward trend.

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: July 7, 2026
Last Updated: October 21, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26