CIG Stock Analysis: Buy, Sell, or Hold?
CIG - Companhia Energetica De Minas Gerais-CEMIG
$1.92
0.04 (2.13%)
▲
5d:
-0.52%
30d:
-11.52%
90d:
-13.9%
BUY
MODERATE Confidence
Analysis Updated: Aug 21, 2026 12:00 AM ET
Earnings: Aug 13, 2026
0d
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 4.2% decline. Moderate conviction.
💡 BUY OPPORTUNITY: CIG shows positive signals but monitor for confirmation. Market pricing in 4.2% decline. Moderate conviction.
In-depth Analysis How we analyze
Valuation Analysis: CIG is currently trading at $1.92, which is considered oversold relative to its 30-day fair value range of $1.98 to $2.19. From a valuation perspective, the stock is trading at a discount (Forward PE: 11.7) compared to its historical average (13.3). Remarkably, the market is currently pricing in an annual earnings decline of 4.2% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, CIG is in a strong downtrend. The price is currently testing key support at $1.87. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: CIG scores 64/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $2.14 (+11.3%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, CIG is in a strong downtrend. The price is currently testing key support at $1.87. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: CIG scores 64/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $2.14 (+11.3%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$1.98 -
$2.19
Company Quality Score
55/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
88.1%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (64/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($2.14)
- BULLISH: Bottoming setup score 64/100 — corrected, stabilizing, and turning up
Trading Range Analysis
30-Day Trading Range
$1.98 -
$2.19
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$1.87
Resistance Level
$2.09
Current Trend
Strong Downtrend
Technical data as of
Aug 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
11.71
Wall Street Target
$2.14
(+11.3%)
Revenue Growth (YoY)
3.4%
Earnings Growth (YoY)
-20.4%
Profit Margin
10.5%
Valuation Discount vs History
-4.2% cheaper
PE vs Historical
11.7 vs 13.3
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-4.2%
(market-implied from PE analysis)
1-Year Target
$1.84
(-4%)
2-Year Target
$1.76
(-8%)
3-Year Target
$1.69
(-12%)
3-Yr Target (if PE normalizes)
(PE: 12→13)
$1.92
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.1, Growth: 446.7%)
$11.11
(+479%)
Base:
(SPY PE: 11.7, Growth: 446.7%)
$6.48
(+238%)
Bear:
(PE: 10.0, Growth: 446.7%)
$5.51
(+187%)
📈
Valuation based on Current Earnings
Trailing PE: 6.27 | Current EPS (TTM): $0.30
Bull Case
$1.13
(-41%)
Analyst growth -45.3%, PE expands to 6.9
Base Case
$1.03
(-47%)
Market implied -45.3%, PE stable at 6.3
Bear Case
$1.28
(-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 11.7 to 13.3
Stabilization Target:
$2.18
(+13.6%)
PE Expansion Potential:
+13.6%
Share & Embed Analysis
Last updated: August 23, 2026 9:47 AM ET
Data refreshes hourly during market hours. Next update: 10:47 AM
Data refreshes hourly during market hours. Next update: 10:47 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 |
$98 | 55 HOLD |
|
ETR
Entergy Corporation |
BUY
20 analysts |
$123 | 63 BUY |
|
PPL
PPL Corporation |
STRONG BUY
17 analysts |
$41 | 59 HOLD |
|
EVRG
Evergy, Inc. |
STRONG BUY
15 analysts |
$92 | 64 BUY |
|
XEL
Xcel Energy Inc |
STRONG BUY
17 analysts |
$92 | 56 HOLD |
