CEMIG (Companhia Energética de Minas Gerais) Q2 2025 Earnings Call Summary
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
0mins
Source: Newsfilter
Earnings Conference Call: Companhia Energética de Minas Gerais (CEMIG) held its Q2 2025 earnings conference call on August 18, 2025, featuring key executives including CEO Reynaldo Passanezi Filho and CFO Andrea Marques de Almeida.
Investment Program: The company is currently executing its largest investment program to date, with reported investments reaching BRL 2.7 billion.
Investor Relations: The call included a welcome from Carolina Senna, the Superintendent of Investor Relations, who provided information about accessing the recorded video conference and simultaneous interpretation options.
Executive Team Participation: The conference featured participation from various members of CEMIG's executive team, highlighting the company's commitment to transparency and communication with investors.
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Analyst Views on CIG
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 1.90 USD with a low forecast of 1.90 USD and a high forecast of 1.90 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.
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 2.180
Low
1.90
Averages
1.90
High
1.90
Current: 2.180
Low
1.90
Averages
1.90
High
1.90
No data
About CIG
Energy of Minas Gerais Co is a Brazil-based holding company. The Company operates in several states in Brazil, through numerous subsidiaries. However, the Company's operations are primarily centralized in the state of Minas Gerais. The main operational segment is distribution of electrical energy, followed by electric energy commercialization, gas distribution, electric energy generation, and electric energy transmission. Constituted to operate in the commercialization of electric power and as holding company, with interests in subsidiaries or jointly controlled entities, whose objectives are: construction and operation of systems for generation, transformation, transmission, distribution and sale of energy, and also activities in the various fields of energy sector, including gas distribution, provision of distributed generation services and energy efficiency solutions, for the purpose of commercial operation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Utility Companies Face Negative EPS Revisions: CIG and Others at the Bottom
- EPS Revision Overview: As earnings season approaches, analysts have shown a negative trend in earnings revisions for utility companies, with Companhia Energética de Minas Gerais (CIG) receiving an FM grade, indicating declining market confidence in its near-term performance.
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- Market Outlook Analysis: In the context of the 2026 market rotation, investors should monitor the performance of these utility companies to avoid potential risks in future investment decisions.
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