CIG Stock Analysis: Buy, Sell, or Hold?
CIG - Companhia Energetica De Minas Gerais-CEMIG
$2.17
0.02 (0.93%)
β²
5d:
+1.4%
30d:
+8.5%
90d:
+5.34%
HOLD
MODERATE Confidence
Last Updated: February 2, 2026
Earnings: Mar 19, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
π HOLD: CIG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
π HOLD: CIG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
In-depth Analysis How we analyze
Valuation Analysis: CIG is currently trading at $2.17, which is considered extended relative to its 30-day fair value range of $1.99 to $2.15. The stock's valuation (Forward PE: 14.3) is in line with its historical norms (13.8). At these levels, the market is pricing in 1.3% annual earnings growth.
Technical Outlook: Technically, CIG is in a uptrend. The price is approaching resistance at $2.23. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: CIG has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, CIG is in a uptrend. The price is approaching resistance at $2.23. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: CIG has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
EXTENDED
Fair Price Range
$1.99 -
$2.15
Company Quality Score
59/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
58.1%
All Signals
- BEARISH: Price extended above range
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- BEARISH: Trading above Wall St target ($1.97)
- BULLISH: Expecting earnings turnaround to 1.3% growth with 4.6% revenue growth
Fair Price Analysis
30-Day Fair Range
$1.99 -
$2.15
Current vs Fair Value
EXTENDED
Support & Resistance Levels
Support Level
$1.96
Resistance Level
$2.23
Current Trend
Uptrend
Fundamental Context
Forward P/E (Next Year Est.)
14.33
Wall Street Target
$1.97
(-8.4%)
Revenue Growth (YoY)
4.6%
Earnings Growth (YoY)
-75.7%
Profit Margin
9.5%
Valuation Premium vs History
+1.3% premium
PE vs Historical
14.3 vs 13.8
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+1.3%
(market-implied from PE analysis)
1-Year Target
$2.18
(+1%)
2-Year Target
$2.21
(+3%)
3-Year Target
$2.23
(+4%)
3-Yr Target (if PE normalizes)
(PE: 14β14)
PE COMPRESSION
$2.15
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.3, Growth: -28.6%)
$2.44
(+13%)
Base:
(SPY PE: 14.3, Growth: -28.6%)
$1.57
(-27%)
Bear:
(PE: 12.2, Growth: -28.6%)
$1.33
(-38%)
π
Valuation based on Current Earnings
Trailing PE: 4.95 | Current EPS (TTM): $0.44
Bull Case
$1.20
(-44%)
Analyst growth -50.0%, PE expands to 5.5
Base Case
$1.09
(-49%)
Market implied -50.0%, PE stable at 5.0
Bear Case
$1.48
(-31%)
Severe decline -20.0%, PE contracts to 4.2
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Last updated: February 02, 2026 3:35 PM ET
Data refreshes hourly during market hours. Next update: 4:35 PM
Data refreshes hourly during market hours. Next update: 4:35 PM
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Technical Signals Check
Is CIG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
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