B+
Bull case
20%
Probability
Target price
$2.40
Analysis reference price unavailable
Analysis 2026-05-30 · RankAlpha Sentiment Codex
CIG
Companhia Energetica de Minas Gerais Pfd n-vtg PfdBNYSE / Utilities
Last Price
Quote time unavailable
Current thesis
The 1Q26 release supports a limited stability case: regulated distribution, tariff adjustment benefits, lower post-employment expense, and improved energy-loss metrics helped defend profitability. The capex plan and longer-dated debt profile also leave room for gradual balance-sheet de-risking if execution remains disciplined.
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite.
What can break
Cybersecurity remediation, customer-trust damage, and possible ANPD/Aneel or legal follow-up after the May 2026 personal-data exposure.
Momentum
82
Value
57
Sentiment
63
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $2.05 · Bull $2.40 · Bear $1.65Analysis 2026-05-30; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-29 • Vendor: Data Vendor v1
Scores
As of 2026-10-29 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-30 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-29
Investment thesis
As of 2026-10-29
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-29. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $2.00
Why
Momentum82 · Δ7d -
Value57 · Δ7d +0.4
Sentiment63 · Δ7d -
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Sentiment remains the lead driver in the composite.
Contradictions & invalidation
- • Cybersecurity remediation, customer-trust damage, and possible ANPD/Aneel or legal follow-up after the May 2026 personal-data exposure.
- • Execution risk around the 2026 capex program and funding plan; benefits depend on sustained investment discipline and financing stability.
- • Near-term operating quality is still pressured by softer distributed-energy volumes, market contraction, higher power-purchase costs, and adverse GSF/PLD conditions.
Catalyst clock
2026-05-12
1Q26 print showed stable profitability but softer operating quality
Lead driver: Sentiment · See AI snapshot
Momentum
82
8% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Value
57
47% active weight
Current posture
7d trendFlat
Δ7d
+0.4
Δ21d
+0.3
Sentiment
63
45% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Why this grade
Composite grade B. Momentum 81.8 / Value 56.7 / Sentiment 63.0
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-30. Scenario method
Most likely
B
Base case
55%
Probability
Target price
$2.05
Analysis reference price unavailable
Analysis 2026-05-30 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$1.65
Analysis reference price unavailable
Analysis 2026-05-30 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-29
Fundamentals (TTM)
As of 2026-10-29
Market Cap
$6.53B
Beta
0.63
Shares Out
1.9B
P/E (TTM)
8.0
P/S (TTM)
0.83
P/FCF (TTM)
18.11
Rev YoY
+16.0%
EPS YoY
-10.7%
Gross Margin
+15.2%
Op Margin
+12.7%
Net Debt
$3.14B
Current Ratio
1.17
As of 2026-10-29 • Updated nightlySource: Internal modelMethods & Data