Companhia Energética de Minas Gerais (CIG) Stock Forecast

NYSE: CIGAnalyst ratings, price target and estimates.

CIG analyst forecast

as of October 18, 2026
Analyst consensus
Sell
2.00 / 5 from 3 analysts
Price target
$2.05
average of analyst targets
Upside to target
−11.5%
from the latest close
Next earnings
November 13, 2026
52-week range
$1.88 – $2.73

CIG analyst ratings

3 analysts
Strong buy
00%
Buy
00%
Hold
133%
Sell
133%
Strong sell
133%

Number of analysts at each rating.

CIG price target

Price $2.32Target $2.05
52-week low $1.8852-week high $2.73

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

CIG earnings per share estimates

Companhia Energética de Minas Gerais EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$0.05$0.05$0.05$0.05−11.3%1
Current fiscal year (2026)$0.03$0.03$0.03$0.32−35.4%1
Next fiscal year (2027)$0.18$0.18$0.18$0.24−26.2%1

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

CIG revenue estimates

Companhia Energética de Minas Gerais revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$8.15B$8.15B$8.15B−23.3%1
Current fiscal year (2026)$37.73B$34.71B$43.83B−11.8%8
Next fiscal year (2027)$35.42B$27.44B$43.29B−6.1%8

CIG EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

CIG revenue: reported and forecast

Reported revenueEstimate (average; low–high)

CIG EPS estimate revisions

Companhia Energética de Minas Gerais EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$0.05$0.05$0.05$0.05$0.05−6.0%0 up · 1 down
Current fiscal year (2026)$0.15$0.00$0.00$0.00$0.03−80.0%0 up · 0 down
Next fiscal year (2027)$0.16$0.16$0.16$0.16$0.18+7.9%1 up · 0 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

CIG earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; CIG beat in 8 of 12.

What analysts expect from CIG

3 analysts cover Companhia Energética de Minas Gerais; their consensus rating is sell (2.00 on a 1–5 scale, where 5 is a strong buy). The average price target is $2.05, 11.5% below the latest close of $2.32. Analysts expect earnings of $0.03 per share for 2026, −35.4% from a year earlier. For 2027 the average estimate is $0.18 per share on revenue of $35.4 billion. Companhia Energética de Minas Gerais beat the EPS estimate in 8 of the last 12 quarters.

Related: CIG income statement, CIG key metrics, CIG chart. See the CIG stock overview for the latest quote and news.

CIG forecast FAQ

What is Companhia Energética de Minas Gerais's price target?

The average analyst price target for Companhia Energética de Minas Gerais is $2.05, 11.5% below the latest close of $2.32.

Is Companhia Energética de Minas Gerais a buy, hold or sell?

Of 3 analysts covering Companhia Energética de Minas Gerais, 0 rate it a strong buy, 0 a buy, 1 a hold, 1 a sell and 1 a strong sell, a consensus of sell. Ratings are opinions, not a recommendation from Quotelinks.

What is Companhia Energética de Minas Gerais's EPS forecast?

Analysts forecast $0.03 per share for 2026 (range $0.03 to $0.03); for 2027 the estimate is $0.18.

What is Companhia Energética de Minas Gerais's revenue forecast?

The average revenue estimate for 2026 is $37.7 billion, growth of −11.8%; for 2027 it is $35.4 billion.

When does Companhia Energética de Minas Gerais report earnings?

Companhia Energética de Minas Gerais is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.

Does Companhia Energética de Minas Gerais usually beat earnings estimates?

Companhia Energética de Minas Gerais reported EPS at or above the analyst estimate in 8 of the last 12 quarters.

Utilities - Regulated Electric: forecast