Cenovus Energy Inc. (CVE) Stock Forecast
Data as of May 2, 2026Energy · Current price $29.27 (+0.09%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Jan 2, 2026 | Neil Mehta | Goldman Sachs | $20.00 | -31.7% |
| Oct 4, 2024 | Randy Ollenberger | BMO Capital | $31.00 | +5.9% |
Top Analysts Covering CVE
CVE vs Sector & Market
| Metric | CVE | Energy Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.20 | 2.54 | 2.41 |
| Analyst Count | 5 | 10 | 18 |
| Target Upside | -5.5% | +33.7% | +14.9% |
| P/E Ratio | 13.68 | 30.86 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $45.65B | $53.17B | $64.97B | 3 |
| 2027-03-31 | $12.03B | $12.57B | $13.11B | 1 |
| 2027-06-30 | $12.19B | $12.74B | $13.28B | 1 |
| 2027-09-30 | $12.29B | $12.85B | $13.40B | 1 |
| 2027-12-31 | $12.27B | $12.82B | $13.37B | 1 |
| 2028-03-31 | $9.45B | $9.87B | $10.29B | 1 |
| 2028-06-30 | $9.51B | $9.93B | $10.36B | 1 |
| 2028-09-30 | $9.62B | $10.05B | $10.48B | 1 |
| 2028-12-31 | $9.63B | $10.06B | $10.49B | 1 |
| 2029-12-31 | $45.99B | $52.95B | $61.67B | 1 |
| 2030-12-31 | $46.10B | $53.08B | $61.82B | 1 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $2.20 | $3.72 | $4.71 | 5 |
| 2027-03-31 | $0.62 | $0.66 | $0.70 | 1 |
| 2027-06-30 | $0.62 | $0.65 | $0.69 | 1 |
| 2027-09-30 | $0.66 | $0.70 | $0.73 | 1 |
| 2027-12-31 | $0.62 | $0.66 | $0.70 | 1 |
| 2028-03-31 | $0.74 | $0.78 | $0.83 | 1 |
| 2028-06-30 | $0.75 | $0.79 | $0.84 | 1 |
| 2028-09-30 | $0.80 | $0.84 | $0.89 | 1 |
| 2028-12-31 | $0.79 | $0.84 | $0.89 | 1 |
| 2029-12-31 | $3.22 | $3.88 | $4.71 | 4 |
| 2030-12-31 | $3.40 | $4.10 | $4.98 | 2 |
Frequently Asked Questions
What is the analyst consensus for CVE?
The consensus among 5 analysts covering Cenovus Energy Inc. (CVE) is Buy with an average price target of $27.67.
What is the highest price target for CVE?
The highest price target for CVE is $31.00, set by Randy Ollenberger at BMO Capital on 2024-10-04.
What is the lowest price target for CVE?
The lowest price target for CVE is $20.00, set by Neil Mehta at Goldman Sachs on 2026-01-02.
How many analysts cover CVE?
5 analysts have issued ratings for Cenovus Energy Inc. in the past 12 months.
Is CVE a buy or sell right now?
Based on 5 analyst ratings, CVE has a consensus rating of Buy (2.20/5) with a -5.5% upside to the consensus target of $27.67.
What are the earnings estimates for CVE?
Analysts estimate CVE will report EPS of $3.72 for the period ending 2026-12-31, with revenue estimated at $53.17B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.