ENB.TO Enbridge Inc. (TSX) pre-market 29 Jan 2026: Most-active at C$65.80, watch yield
ENB.TO stock opens pre-market at C$65.80, trading with 11,355,392 shares already showing heavy activity. This volume makes Enbridge Inc. one of the most-active TSX names in pre-market trading on 29 Jan 2026. Investors are watching yield, valuation and an upcoming earnings date of 2026-02-13. We examine why price, fundamentals and technical signals are driving today’s flow and what to watch next
Pre-market snapshot: ENB.TO stock price and flow
ENB.TO stock is trading at C$65.80 with a pre-market change of +0.61 or +0.94%. The session range shows a day low C$64.95 and day high C$65.92. Volume is 11,355,392, above the 50-day average of 7,268,954, signaling active order flow and higher liquidity.
Open interest and trade size suggest institutional participation today. For live quotes see the Nasdaq summary Nasdaq ENB page.
Why ENB.TO stock is most active: drivers and news
Enbridge is drawing attention for yield and sector positioning in Energy. The company shows a dividend per share TTM C$3.77 and a dividend yield of 5.72%, which attracts income buyers.
Recent analyst moves and fund flows are also relevant. Scotiabank upgraded the stock recently and several houses adjusted targets, keeping ENB in active rotation among energy names. See a MarketBeat note on recent filings and analyst coverage MarketBeat report.
ENB.TO stock fundamentals and valuation
Enbridge reports EPS C$2.55 and trades at PE 25.80 on the TSX. Key balance ratios show debt to equity 1.59 and interest coverage 2.27, indicating leverage above many sector peers.
Key metrics: revenue per share C$29.56, free cash flow per share C$1.97, and book value per share C$22.66. Enterprise value to EBITDA is 11.60, and price to book is 3.07. Compared with the Energy sector average PE of 21.55, ENB.TO stock is trading at a premium.
Technical signals: ENB.TO stock trading setup
Momentum is mixed: RSI 39.27 shows mild weakness and MACD at -0.80 is negative. ADX 27.11 implies the trend has strength, while Bollinger upper band is C$66.67 and lower band C$62.68.
Short-term traders should note support near the 200-day average C$64.86 and resistance close to the 52-week high C$70.39. Volume above average supports the current move.
Meyka AI grade and ENB.TO stock forecast
Meyka AI rates ENB.TO with a score out of 100: 71.72 | Grade B+ | Suggestion: BUY. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, analyst consensus and forecast inputs. These grades are not guaranteed and we are not financial advisors.
Meyka AI’s forecast model projects monthly C$61.73, quarterly C$60.87, and yearly C$77.75. Versus the current price C$65.80, the 12-month model implies an upside of +18.16%. Short-term model reads show downside to C$61.73 (-6.19%) over the next month, underlining near-term volatility.
For additional company detail and trading tools, see the Meyka stock page Meyka ENB.TO page.
Risks and catalysts for ENB.TO stock
Primary risks include rising interest costs, regulatory rulings, and execution on capital projects. High leverage and an interest coverage ratio of 2.27 increase sensitivity to rate moves.
Catalysts include the 2026-02-13 earnings report, dividend announcements, and volume-driven re-rating by large holders. Sector momentum in Energy can amplify moves in ENB.TO stock.
Final Thoughts
ENB.TO stock is the most-active TSX energy name in pre-market trading on 29 Jan 2026, priced at C$65.80 on heavy volume of 11,355,392 shares. Fundamentals show stable cash flow and a 5.72% dividend yield, balanced against elevated leverage and a PE of 25.80. Technicals show momentum weakness but trending strength, leaving a short-term risk window down to C$60.87–C$61.73 on model signals.
Meyka AI assigns a B+ (71.72) grade and projects a 12-month target C$77.75, implying +18.16% upside from current levels. That forecast sits above some analyst targets, including a MarketBeat consensus near C$63.00, and an RBC target of C$72.00. Investors focused on income may value the yield, while growth-focused holders should watch the upcoming earnings on 2026-02-13 and interest-rate sensitivity. Remember, forecasts are model-based projections and not guarantees. Use stop levels, size positions for income objectives, and monitor sector flows in Energy for additional context.
FAQs
What is the current price and volume for ENB.TO stock?
ENB.TO stock trades at C$65.80 in pre-market and shows volume of 11,355,392 shares, above the 50-day average of 7,268,954 indicating strong activity.
What is Meyka AI’s rating and forecast for ENB.TO stock?
Meyka AI rates ENB.TO with a score out of 100 at 71.72 (B+, BUY). Meyka AI’s forecast model projects C$77.75 in 12 months, an implied +18.16% upside versus C$65.80.
When is Enbridge’s next earnings release and why it matters for ENB.TO stock?
Enbridge reports earnings on 2026-02-13. The release can shift ENB.TO stock sentiment by updating guidance, cash flow trend and capital plans, which affect dividend safety and valuation.
What are the top risks for ENB.TO stock?
Top risks are higher interest costs, regulatory decisions, and project execution. Leverage metrics like debt to equity 1.59 increase sensitivity to rate changes and capital markets.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
