CIG Stock Analysis: Buy, Sell, or Hold?
CIG - Companhia Energetica De Minas Gerais-CEMIG
$2.09
0.02 (0.97%)
▲
5d:
-0.48%
30d:
-2.79%
90d:
-13.99%
BUY
MODERATE Confidence
Analysis Updated: Jul 2, 2026 12:00 AM ET
Earnings: Aug 13, 2026
Get Alerted When CIG Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
💡 BUY OPPORTUNITY: CIG shows positive signals but monitor for confirmation. Market pricing in 1.8% decline. Moderate conviction.
💡 BUY OPPORTUNITY: CIG shows positive signals but monitor for confirmation. Market pricing in 1.8% decline. Moderate conviction.
In-depth Analysis How we analyze
Valuation Analysis: CIG is currently trading at $2.09, which is considered fair relative to its 30-day fair value range of $2.06 to $2.14. The stock's valuation (Forward PE: 12.7) is in line with its historical norms (13.5). Remarkably, the market is currently pricing in an annual earnings decline of 1.8% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, CIG is in a uptrend. The price is currently testing key support at $2.03. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, CIG is in a uptrend. The price is currently testing key support at $2.03. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$2.06 -
$2.14
Company Quality Score
58/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
67.6%
All Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (45/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($2.14)
Trading Range Analysis
30-Day Trading Range
$2.06 -
$2.14
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$2.03
Resistance Level
$2.15
Current Trend
Uptrend
Technical data as of
Jul 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
12.74
Wall Street Target
$2.14
(+2.2%)
Revenue Growth (YoY)
6.3%
Earnings Growth (YoY)
-5.8%
Profit Margin
11.2%
Valuation Discount vs History
-1.8% cheaper
PE vs Historical
12.7 vs 13.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-1.8%
(market-implied from PE analysis)
1-Year Target
$2.05
(-2%)
2-Year Target
$2.02
(-4%)
3-Year Target
$1.98
(-5%)
3-Yr Target (if PE normalizes)
(PE: 13→14)
$2.10
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: 446.7%)
$12.06
(+477%)
Base:
(SPY PE: 12.7, Growth: 446.7%)
$7.05
(+238%)
Bear:
(PE: 10.8, Growth: 446.7%)
$6.00
(+187%)
📈
Valuation based on Current Earnings
Trailing PE: 6.27 | Current EPS (TTM): $0.33
Bull Case
$1.14
(-46%)
Analyst growth -50.0%, PE expands to 6.9
Base Case
$1.03
(-51%)
Market implied -50.0%, PE stable at 6.3
Bear Case
$1.41
(-33%)
Severe decline -20.0%, PE contracts to 5.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 12.7 to 13.5
Stabilization Target:
$2.21
(+5.9%)
PE Expansion Potential:
+5.9%
Share & Embed Analysis
Last updated: July 04, 2026 1:30 AM ET
Data refreshes hourly during market hours. Next update: 2:30 AM
Data refreshes hourly during market hours. Next update: 2:30 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is CIG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Utilities - Regulated Electric Stocks
Top-rated stocks in Utilities - Regulated Electric by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
NEE
Nextera Energy Inc |
BUY
22 analysts |
$99 | 66 BUY |
|
ETR
Entergy Corporation |
BUY
20 analysts |
$122 | 64 BUY |
|
PCG
PG&E Corp |
BUY
19 analysts |
$23 | 64 BUY |
|
PPL
PPL Corporation |
STRONG BUY
17 analysts |
$41 | 60 HOLD |
|
DTE
DTE Energy Company |
BUY
17 analysts |
$160 | 65 BUY |
