Enbridge Inc. (NYSE:ENB) is one of them Goldman Sachs Energy Stocks: 10 Stocks to Buy.
On February 17, 2026, RBC Capital acquired Enbridge Inc. (NYSE:ENB) raised its price target to C$76 from C$72, maintaining an Outperform rating on the stock.
On February 13, Reuters reported that the corporation has a project backlog of C$39 billion (US$28.63 billion), of which about C$8 billion is planned to go into service this year. Enbridge Inc. (NYSE:ENB) approved two renewable projects last quarter, including a $1.2 billion investment in Wyoming for a major technology company and a $400 million offshore wind operation in Texas to support Meta Platforms Inc.’s data center operations.
CEO Greg Abel said the company is still pursuing more than 50 data center prospects in North America, which would require 10 billion cubic feet per day of new gas transmission capacity. Shares rose nearly 3% to a record high of C$72.57 after the announcement.
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As of February 10, 2026, the stock has risen by 11.60% YTD.
Enbridge Inc. (NYSE:ENB) is a gas and oil provider. The company operates in the following segments: liquid pipelines, gas distribution and storage, gas transmission and intermediate flows, renewable power generation, and energy services.
While we acknowledge ENB’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
Read more: 33 stocks that should double in 3 years and 15 stocks that will make you rich in 10 years.
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