ENB.TO Enbridge Inc. (TSX) pre-market most active 15 Jan 2026: C$64.66, 1yr +22.9% outlook
ENB.TO stock is the TSX most active issue in pre-market trade on 15 Jan 2026, trading at C$64.66 on heavy activity. Volume is running at 13,005,600 shares versus a 3-month average of 7,120,953, underscoring elevated interest. The Energy sector tone and an upcoming earnings date (13 Feb 2026) are shaping flows. We review valuation, technicals, Meyka AI grading and a model forecast to frame what the pre-market activity could mean for short-term traders and longer-term income investors.
Pre-market snapshot and volume drivers
ENB.TO stock opened pre-market at C$64.31 and is quoting C$64.66, up 0.33 or 0.51%. The session shows 13,005,600 shares traded, roughly 1.82x the average daily volume of 7,120,953, which explains its “most active” status. Year range is C$56.51–C$70.39, and the 50/200-day averages are C$65.96 and C$64.70 respectively. Short-term traders are reacting to sector rotation into Energy and headlines from market data providers including Bloomberg and Nasdaq that track pipeline and earnings cadence source source.
Fundamentals and valuation: income focus
Enbridge Inc. (ENB.TO) remains an income-oriented Energy infrastructure name with trailing EPS 2.55 and a trailing P/E of 25.36. Market cap stands near C$140,940,333,909. Book value per share is C$22.66 and dividend per share is C$3.77, implying a dividend yield of 5.83%. Key leverage metrics include debt-to-equity 1.59 and interest coverage 2.27, which signal elevated leverage for the midstream sector. Price-to-sales is 2.19 and EV/EBITDA is 11.44. These figures explain why income investors weigh yield against balance-sheet risk when looking at ENB.TO stock.
Technicals and trading flow for active traders
Short-term indicators show momentum cooling: RSI 39.27, MACD -0.80 (signal -0.63), and ATR 1.02. Bollinger bands middle is C$64.68 with upper C$66.67 and lower C$62.68. On-balance volume reads 12,977,478, supporting the recent volume pickup. The 1-month change is -1.22% while the 6-month change is +4.43%. Traders watching ENB.TO stock should note the narrow daily band between C$64.26 and C$65.13 and consider tight risk controls ahead of the February earnings report.
Meyka AI grade and model forecast
Meyka AI rates ENB.TO with a score out of 100: 70.99 / 100, Grade B+, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly price of C$67.54, a quarterly price of C$64.23, and a 1-year target of C$79.51. Compared with the current C$64.66, the model implies a monthly upside of +4.45%, a quarterly change of -0.66%, and a 1-year upside of +22.89%. Forecasts are model-based projections and not guarantees.
Earnings timetable and analyst context
Enbridge’s next earnings announcement is scheduled for 13 Feb 2026. Consensus EPS expectations vary by provider, but street estimates point to year EPS near 2.09 and fiscal revenue roughly flat year-over-year. Zacks and Nasdaq commentary note modest EPS revisions and a neutral rank likely to keep near-term analyst sentiment stable. Watch any changes to the forward P/E (currently ~20.80 on some estimates) and guidance on capital spending and dividends, which are the usual catalysts for ENB.TO stock moves.
Risks and opportunities for investors
Primary risks include high leverage (net debt/EBITDA ~ 3.92), sensitivity to energy volumes and regulatory outcomes, and interest-rate pressure on dividend valuations. Opportunities include steady cash flow from contracted pipelines, renewable power investments, and an attractive yield (5.83%) for income portfolios. Sector rotation into Energy and any positive guidance on free cash flow could support upside for ENB.TO stock.
Final Thoughts
ENB.TO stock is drawing pre-market attention on 15 Jan 2026 with C$64.66 trades and elevated volume of 13,005,600 shares. Fundamentals show a high yield (5.83%) and a P/E near 25.36, balanced by leverage (debt-to-equity 1.59) and interest coverage at 2.27. Technically, momentum is soft (RSI 39.27) but the Bollinger middle sits near the market price, suggesting limited immediate directional conviction. Meyka AI projects a 1-year target of C$79.51, implying +22.89% from today, while shorter horizons show modest change. For most-active traders, that mix creates setups for range strategies and earnings-driven trades. For income investors, the dividend yield and stable pipeline cash flows are the core attraction, tempered by balance-sheet risk and regulatory exposure. Remember, Meyka AI is an AI-powered market analysis platform; model outputs and grades are informational and not guarantees. Monitor the February 13 earnings report and any analyst revisions as the next major catalysts for ENB.TO stock.
FAQs
What is the current price and volume for ENB.TO stock in pre-market?
ENB.TO stock is trading at C$64.66 in pre-market on 15 Jan 2026 with volume around 13,005,600 shares, above the average daily volume of 7,120,953.
What yield and valuation metrics matter for ENB.TO stock?
ENB.TO stock shows a dividend per share of C$3.77 and a dividend yield of 5.83%. Key valuation metrics include trailing P/E 25.36, price-to-sales 2.19, and EV/EBITDA 11.44.
What does Meyka AI forecast for ENB.TO stock?
Meyka AI’s forecast model projects a 1-year price of C$79.51, implying +22.89% versus the current C$64.66. Forecasts are model-based projections and not guarantees.
When is Enbridge’s next earnings release and how could it affect ENB.TO stock?
Enbridge will report earnings on 13 Feb 2026. Expect volatility around guidance, capex and dividend commentary; actual results or revisions could swing ENB.TO stock price materially.
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.
