Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
23.30
+0.49 (2.15%)
At close: Mar 5, 2026, 4:00 PM EST
23.20
-0.10 (-0.43%)
After-hours: Mar 5, 2026, 7:38 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 11.59% from the current stock price of 23.30.
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 | +37.34% | Feb 20, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $29 → $31 | Buy | Maintains | $29 → $31 | +33.05% | Feb 18, 2026 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | -14.16% | Jan 2, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +37.34% | Nov 17, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $25 → $26 | Buy | Maintains | $25 → $26 | +11.59% | Aug 1, 2025 |
Financial Forecast
Revenue This Year
42.33B
from 49.70B
Decreased by -14.81%
Revenue Next Year
44.74B
from 42.33B
Increased by 5.69%
EPS This Year
1.34
from 2.15
Decreased by -37.70%
EPS Next Year
1.80
from 1.34
Increased by 34.50%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 49.9B | 55.6B | |
| Avg | 42.3B | 44.7B | |
| Low | 37.7B | 39.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.4% | 31.4% | |
| Avg | -14.8% | 5.7% | |
| Low | -24.0% | -6.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.94 | 2.49 | |
| Avg | 1.34 | 1.80 | |
| Low | 0.99 | 1.36 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -9.7% | 85.7% | |
| Avg | -37.7% | 34.5% | |
| Low | -54.0% | 1.6% |
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.