Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
14.64
-0.14 (-0.95%)
At close: Jun 18, 2025, 4:00 PM
14.63
-0.01 (-0.07%)
After-hours: Jun 18, 2025, 4:43 PM EDT
Cenovus Energy Stock Forecast
Stock Price Forecast
The 4 analysts that cover Cenovus Energy stock have a consensus rating of "Strong Buy" and an average price target of $25.75, which forecasts a 75.89% increase in the stock price over the next year. The lowest target is $16 and the highest is $34.
Price Target: $25.75 (+75.89%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 30, 2025.
Analyst Ratings
The average analyst rating for Cenovus Energy stock 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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +9.29% | Apr 30, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +70.77% | Apr 11, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +70.77% | Apr 2, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $26 → $25 | Buy | Maintains | $26 → $25 | +70.77% | Feb 21, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $28 | Buy | Reiterates | $28 | +91.26% | Jan 6, 2025 |
Financial Forecast
Revenue This Year
53.17B
from 54.28B
Decreased by -2.04%
Revenue Next Year
52.76B
from 53.17B
Decreased by -0.77%
EPS This Year
1.75
from 1.67
Increased by 4.79%
EPS Next Year
2.31
from 1.75
Increased by 31.88%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 58.0B | 60.0B | 55.4B |
| Avg | 53.2B | 52.8B | 48.9B |
| Low | 48.3B | 47.2B | 40.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 6.9% | 12.9% | 4.9% |
| Avg | -2.0% | -0.8% | -7.3% |
| Low | -11.1% | -11.2% | -23.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.35 | 3.56 | 5.08 |
| Avg | 1.75 | 2.31 | 2.80 |
| Low | 1.19 | 1.35 | 1.62 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 41.0% | 103.6% | 120.4% |
| Avg | 4.8% | 31.9% | 21.4% |
| Low | -28.9% | -22.7% | -29.9% |
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.