Should I Buy CIG? CIG 2026 Analysis

Should You Buy Energy of Minas Gerais Co (CIG) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

2.140

1 Day change

-0.93%

52 Week Range

2.300

Analysis Updated At

2026/02/05

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Not a good buy right now: technicals are mildly bullish, but there is no strong timing signal and fundamentals recently deteriorated sharply.
For an impatient buyer, the risk/reward is not compelling at ~~$2.17 unless it clears near-term resistance (~~$2.23) with follow-through.
Intellectia Proprietary Trading Signals
AI Stock Picker: No signal on given stock today.
SwingMax: No signal on given stock today.

Technical Analysis

Trend: bullish structure with moving averages stacked positively (SMA_5 > SMA_20 > SMA_200), suggesting an upward bias.
Momentum: MACD histogram is positive (0.0096) but contracting, indicating upside momentum is weakening near current levels.
RSI(6)=52.6 (neutral): no overbought/oversold edge; price could drift either way short-term.
Key levels: Pivot 2.174 (price ~2.17 is right at the pivot). Support S1 2.117 then S2 2.082; Resistance R1 2.231 then R2 2.266.
Pattern-based odds provided: ~50% chance of +3.81% next day; +6.93% next week; +4.39% next month—positive bias but not high-conviction.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning/skew: Put/Call OI ratio 0.48 implies more call open interest than puts (generally bullish sentiment).
Flow today is extremely small (total volume 15 contracts; calls 14 vs puts 1), so the put/call volume ratio (0.07) looks bullish but is not very informative due to low activity.
Volatility: 30d IV 42.81 vs historical vol 30.76 (IV > HV) suggests options are pricing in elevated movement; IV percentile ~60 indicates mid-high relative IV vs the recent distribution.
Activity vs baseline: today’s volume vs 30d average ~3.03x, but the absolute volume remains tiny, limiting signal quality.

Technical Summary

Sell

Buy

Positive Catalysts

- Options open interest skew favors calls (OI put/call 0.48), implying a modest bullish bias among positioned traders.

Neutral/Negative Catalysts

- No news/catalysts in the past week: limited event-driven upside trigger right now.
- Momentum is fading (MACD histogram still positive but contracting) while price sits at the pivot (~2.174), increasing chop/whipsaw risk.
- Latest quarter showed a major profitability drop (net income and EPS down ~75% YoY), which can cap upside until profitability stabilizes.
- Influential activity: no recent congress trading data available; hedge funds and insiders are described as neutral (no supportive accumulation signal).

Financial Performance

Latest reported quarter: 2025/Q3.
Revenue: 1,949,494,056 (up +6.52% YoY) — top-line growth is positive.
Net income: 146,172,847.67 (down -75.28% YoY) — sharp profitability deterioration.
EPS: 0.05 (down -76.19% YoY) — earnings power weakened significantly.
Gross margin: 15.13 (down -11.21% YoY) — margin compression is a key concern and likely driver of the earnings drop.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating or price-target change data was provided, so there is no observable recent Wall Street upgrade/downgrade trend.
Wall Street pro view (based on available data):
- Pros: revenue growth remains positive; technical trend structure is currently bullish.
- Cons: steep YoY decline in net income/EPS and lower margins reduce confidence in near-term upside without a clear catalyst.

1 Analyst Rating

Wall Street analysts forecast CIG stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIG is 1.9 USD with a low forecast of 1.9 USD and a high forecast of 1.9 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Buy

0 Hold

1 Sell

Moderate Sell

Current: 2.160

Low

1.9

Averages

1.9

High

1.9