Skip to main content

Comp En De Mn Cemig (CIG) Stock Analysis

HoldVALUE-TRAP 1/5Moderate Confidence

Utilities · Utilities - Diversified

Earnings in 7 days (2026-05-07). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $2.50, but acceptable to hold if already in. Reasons: Cyclical risk: PE expanding 2.3x (earnings normalizing); Analyst target reached - limited upside remaining.

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total... Read more

$2.50+7.8% A.UpsideScore 5.9/10#2 of 7 Utilities - Diversified
Stop $2.36Target $2.70(resistance)A.R:R -4.6:1
Analyst target$2.20-12.0%2 analysts
$2.70our TP
$2.50price
$2.20mean
$2
$3

Hold if already holding. Not a fresh buy at $2.50, but acceptable to hold if already in. Reasons: Cyclical risk: PE expanding 2.3x (earnings normalizing); Analyst target reached - limited upside remaining. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Mixed signals. Hold existing position. Score 5.9/10, moderate confidence.

Passes 4/7 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 7d<=7d. Suitability: moderate.

Thesis

Rewards
Attractive valuation
Margin of safety: 53%
Risks
Cyclical risk: PE expanding 2.3x (earnings normalizing)
Analyst target reached - limited upside remaining
Earnings in 7 days (event risk)

Key Metrics

P/E (TTM)7.0
P/E (Fwd)16.3
Mkt Cap$7.0B
EV/EBITDA3.1
Profit Mgn11.5%
ROE17.5%
Rev Growth2.9%
Beta0.24
Dividend6.23%
Rating analysts18

Quality Signals

Piotroski F6/9

Options Flow

IV79%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Obv
1.0
Macd
3.3
Ma Position
6.0
Rsi
8.3
Oversold in uptrend (RSI 25)Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.7<4.5A.R:R -4.6=NEGATIVEEARNINGS PROXIMITY 7d<=7dInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARSuitability: Moderate
RSI
25 · Oversold
20D MA 50D MA 200D MAGOLDEN CROSSSupport $2.40Resistance $2.76

Price Targets

$2
$3
A.Upside+8.0%
A.R:R-4.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Target reached (-25.3% upside)
! Momentum score 3.7/10 — below 4.5 minimum
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-05-07 (7d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CIG stock a buy right now?

Hold if already holding. Not a fresh buy at $2.50, but acceptable to hold if already in. Reasons: Cyclical risk: PE expanding 2.3x (earnings normalizing); Analyst target reached - limited upside remaining. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Mixed signals. Hold existing position. Target $2.70 (+8.0%), stop $2.36 (−5.9%), A.R:R -4.6:1. Score 5.9/10, moderate confidence.

What is the CIG stock price target?

Take-profit target: $2.70 (+7.8% upside). Target $2.70 (+8.0%), stop $2.36 (−5.9%), A.R:R -4.6:1. Stop-loss: $2.36.

What are the risks of investing in CIG?

Cyclical risk: PE expanding 2.3x (earnings normalizing); Analyst target reached - limited upside remaining; Earnings in 7 days (event risk).

Is CIG overvalued or undervalued?

Comp En De Mn Cemig trades at a P/E of 7.0 (forward 16.3). TrendMatrix value score: 9.2/10. Verdict: Hold.

What do analysts say about CIG?

18 analysts cover CIG with a consensus score of 2.4/5. Average price target: $2.

What does Comp En De Mn Cemig do?Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission,...

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; installation, operation, maintenance and rental of solar plants; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

Related stocks: CIG-C (Comp En De Mn Cemig) · AQN (Algonquin Power & Utilities Cor) · BIP (Brookfield Infrastructure Partn) · AES (The AES Corporation) · AVA (Avista Corporation)