Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
22.81
+0.44 (1.97%)
At close: Mar 4, 2026, 4:00 PM EST
22.84
+0.03 (0.13%)
After-hours: Mar 4, 2026, 5:13 PM EST
Cenovus Energy Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cenovus Energy stock have an average target of 26, with a low estimate of 20 and a high estimate of 32. The average target predicts an increase of 13.99% from the current stock price of 22.81.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cenovus Energy stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $31 → $32 | Buy | Maintains | $31 → $32 | +40.29% | Feb 20, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $29 → $31 | Buy | Maintains | $29 → $31 | +35.91% | Feb 18, 2026 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | -12.32% | Jan 2, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +40.29% | Nov 17, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $25 → $26 | Buy | Maintains | $25 → $26 | +13.99% | Aug 1, 2025 |
Financial Forecast
Revenue This Year
47.75B
from 49.70B
Decreased by -3.92%
Revenue Next Year
50.27B
from 47.75B
Increased by 5.29%
EPS This Year
1.73
from 2.15
Decreased by -19.72%
EPS Next Year
2.02
from 1.73
Increased by 16.74%
Revenue Forecast
| Revenue | 2026 | 2027 |
|---|---|---|
| High | 60.0B | 61.5B |
| Avg | 47.7B | 50.3B |
| Low | 37.3B | 39.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 |
|---|---|---|
| High | 20.6% | 28.8% |
| Avg | -3.9% | 5.3% |
| Low | -24.9% | -16.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.29 | 2.38 | |
| Avg | 1.73 | 2.02 | |
| Low | 0.90 | 1.41 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.4% | 38.0% | |
| Avg | -19.7% | 16.7% | |
| Low | -58.1% | -18.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.