Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais (CIG) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
cig · stock forecast · 5 analysts (3M) · FMP · updated Jun 8, 2026
Analyst Rating & Consensus
Based on 5 Wall Street analysts in the past 3 months
Buy
5 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$2.10
Consensus
$2.10
+2.2% upside
Low
$2.10
Median: $2.1 · Last Close: $2.06
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Short-Term Price Prediction
Algorithmically generated · Updated daily
| Date | Predicted Price | Change |
|---|---|---|
| 2026-06-09 | $2.00 | ↓ 2.81% |
1-day model range: $1.99–$2. Peak: $2 (-2.81%).
Long-Term Stock Price Prediction
Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031
| Year | Avg Price | Change |
|---|---|---|
| 2027 | $2 | +12.1% |
| 2028 | $2 | +20.2% |
| 2029 | $3 | +25.5% |
| 2030 | $3 | +28.8% |
| 2031 | — | +30.8% |
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
BEARISH
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · CIG · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2023-11-24 | B of A Securities | Downgrade ↓ | Buy→Neutral |
| 2023-11-01 | HSBC | Upgrade ↑ | Hold→Buy |
| 2023-09-20 | B of A Securities | Upgrade ↑ | Neutral→Buy |
| 2019-11-14 | Goldman Sachs | Maintains | Buy→Buy |
| 2018-04-04 | JP Morgan | Downgrade ↓ | Overweight→Neutral |
| 2017-11-27 | JP Morgan | Upgrade ↑ | Neutral→Overweight |
| 2017-07-14 | Goldman Sachs | Downgrade ↓ | Neutral→Sell |
| 2015-06-26 | JP Morgan | Upgrade ↑ | Underweight→Neutral |
| 2013-05-20 | Standpoint Research | Upgrade ↑ | Hold→Buy |
| 2013-03-19 | Standpoint Research | Downgrade ↓ | Buy→Hold |
Wall Street analysts have recently issued updated ratings on Companhia Energética de Minas Gerais (CIG) stock. Of the recent 11 rating actions, 6 were upgrades and 4 were downgrades. 5 analysts currently cover CIG.
Analyst Recommendation Trends
CIG analyst recommendation trends show increasing buy-side sentiment over the past 6 months. Buy rating actions changed from 0 to 1 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$38.3B
↑ 0.4% YoY
Revenue Next Year
$36.7B
↓ 4.2% YoY
EPS This Year
$1.21
EPS Next Year
$1.13
↓ 6.8% YoY
EPS ForecastReported vs Estimated
Analysts forecast CIG EPS of $1.21 for the current fiscal year, based on estimates from 1 analysts. The CIG revenue forecast is $38.3B for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The CIG stock forecast is supported by two independent data sources: analyst consensus ratings from 5 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus CIG price target is $2.10 (+2.2% upside), with an analyst consensus of Buy.
The CIG short-term stock prediction for tomorrow is $2.00 (-2.81%). The CIG stock price prediction for 2027 estimates an average of $2. The CIG stock prediction for 2030 projects a range of $3–$3.
Companhia Energética de Minas Gerais trades on NYSE under the ticker CIG. The CIG stock outlook for 2027 is broadly positive, supported by a Buy consensus among 60% of covering analysts.
Frequently asked questions
CIG forecast · 8 questionsAccording to 5 Wall Street analysts, the average 12-month CIG price target is $2.10, with a high forecast of $2.10 and a low of $2.10. The median price target is shown in the chart above when available. This implies +2.2% potential upside from the current price of $2.06.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.