Enbridge stock: JPMorgan cuts target to CAD 76 from CAD 81 for Enbridge stock

Published on 10/22/2026 at 15:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enbridge reports third-quarter results on November 6, 2026. Enbridge stock costs EUR 42.97 on October 22, 2026, with a CAD 0.97 dividend.

Analyst target and reporting date

JPMorgan lowered its Enbridge target from CAD 81.00 to CAD 76.00 on October 6, 2026.
Enbridge is scheduled to report third-quarter results on November 6, 2026.
Enbridge stock costs EUR 42.97 at Lang & Schwarz on October 22, 2026 at 3:34 p.m. CEST.

ENB, CA29250N1050, Illustration mit AI erstellt.

Enbridge (CA29250N1050) is facing a lower valuation benchmark after JPMorgan cut its price target from CAD 81.00 to CAD 76.00 on October 6, 2026, while keeping a Neutral rating, as Markets Insider reported. Enbridge stock was trading at EUR 42.97 at Lang & Schwarz on October 22, 2026 at 3:34 p.m. CEST.

November 6 is the next date

Enbridge has scheduled its third-quarter results for November 6, 2026, with the release planned before markets open and an analyst webcast later that day, according to the company's Enbridge investment calendar. The date gives investors a fixed event for testing whether the cautious analyst view is reflected in operating results.

What does the valuation show?

Enbridge's primary listing is on the NYSE, where the stock was quoted at USD 48.11 on October 22, 2026 at 9:40 a.m. ET. The company had a market capitalization of USD 107.2 billion and a price-to-earnings ratio of 22.46 on that date, while its 52-week range was USD 45.03 to USD 58.45.

The valuation sits above the year's low but below its high, leaving the upcoming report as the next test of earnings delivery. Enbridge operates four reported areas: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.

Cash flow remains central

On July 31, 2026, Enbridge reported GAAP earnings attributable to common shareholders of CAD 1.40 billion, or CAD 0.64 per share, for the second quarter, according to Enbridge. Operating cash flow reached USD 4.11 billion in the quarter ended June 30, 2026, while first-quarter operating cash flow was USD 2.34 billion.

The company also declared a quarterly dividend of CAD 0.97 per common share on July 28, 2026. For investors, the combination of the CAD 76.00 target, the November reporting date and the recurring distribution defines the near-term valuation discussion.

Stock price and investor calendar

Enbridge's energy infrastructure portfolio spans pipeline transportation, gas utilities, storage and renewable power assets across North America. The October 22, 2026 euro quotation provides the German-market trading reference, while the NYSE quotation and November 6 report date supply the primary-market context.

The further course of trading is shown by the continuously updated real-time quote of Enbridge stock.