CIG Stock Analysis: Buy, Sell, or Hold?
CIG - Companhia Energetica De Minas Gerais-CEMIG
$2.12
0.04 (1.68%)
▲
5d:
+1.2%
30d:
-5.16%
90d:
-10.0%
BUY
MODERATE Confidence
Analysis Updated: Jun 22, 2026 12:00 AM ET
Earnings: Aug 13, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
💡 BUY OPPORTUNITY: CIG shows positive signals but monitor for confirmation. Market pricing in 2.1% decline. Moderate conviction.
💡 BUY OPPORTUNITY: CIG shows positive signals but monitor for confirmation. Market pricing in 2.1% decline. Moderate conviction.
In-depth Analysis How we analyze
Valuation Analysis: CIG is currently trading at $2.12, which is considered slightly low relative to its 30-day fair value range of $2.07 to $2.21. 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 2.1% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, CIG is in a uptrend. Immediate support is located at $2.02, while resistance sits at $2.21.
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. Immediate support is located at $2.02, while resistance sits at $2.21.
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
SLIGHTLY LOW
Historical Trading Range
$2.07 -
$2.21
Company Quality Score
60/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
74.8%
All Signals
- BULLISH: Price oversold vs 30-day 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
$2.07 -
$2.21
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$2.03
Resistance Level
$2.21
Current Trend
Uptrend
Technical data as of
Jun 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
12.68
Wall Street Target
$2.14
(+2.7%)
Revenue Growth (YoY)
6.3%
Earnings Growth (YoY)
-5.8%
Profit Margin
11.2%
Valuation Discount vs History
-2.1% cheaper
PE vs Historical
12.7 vs 13.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-2.1%
(market-implied from PE analysis)
1-Year Target
$2.04
(-2%)
2-Year Target
$1.99
(-4%)
3-Year Target
$1.95
(-6%)
3-Yr Target (if PE normalizes)
(PE: 13→14)
$2.08
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: 446.7%)
$12.06
(+480%)
Base:
(SPY PE: 12.7, Growth: 446.7%)
$7.02
(+238%)
Bear:
(PE: 10.8, Growth: 446.7%)
$5.97
(+187%)
📈
Valuation based on Current Earnings
Trailing PE: 6.21 | Current EPS (TTM): $0.33
Bull Case
$1.13
(-46%)
Analyst growth -50.0%, PE expands to 6.8
Base Case
$1.02
(-51%)
Market implied -50.0%, PE stable at 6.2
Bear Case
$1.39
(-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
(+6.4%)
PE Expansion Potential:
+6.4%
Share & Embed Analysis
Last updated: June 23, 2026 10:14 AM ET
Data refreshes hourly during market hours. Next update: 11:14 AM
Data refreshes hourly during market hours. Next update: 11:14 AM
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Technical Signals Check
Is CIG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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