Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
14.59
-0.70 (-4.58%)
Feb 21, 2025, 4:00 PM EST - Market closed
Cenovus Energy Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Cenovus Energy stock have an average target of 29.25, with a low estimate of 25 and a high estimate of 34. The average target predicts an increase of 100.48% from the current stock price of 14.59.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cenovus Energy stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $26 → $25 | Buy | Maintains | $26 → $25 | +71.35% | Feb 21, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $28 | Buy | Reiterates | $28 | +91.91% | Jan 6, 2025 |
| BMO Capital | BMO Capital | Buy Maintains $31 → $28 | Buy | Maintains | $31 → $28 | +91.91% | Nov 1, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $33 → $31 | Buy | Maintains | $33 → $31 | +112.47% | Oct 4, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $35 → $34 | Buy | Maintains | $35 → $34 | +133.04% | Jul 12, 2024 |
Financial Forecast
Revenue This Year
58.41B
from 52.20B
Increased by 11.89%
Revenue Next Year
54.97B
from 58.41B
Decreased by -5.90%
EPS This Year
1.88
from 2.12
Decreased by -11.38%
EPS Next Year
2.09
from 1.88
Increased by 11.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 64.1B | 61.5B | 60.7B |
| Avg | 58.4B | 55.0B | 55.3B |
| Low | 55.2B | 49.1B | 49.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.8% | 5.3% | 10.4% |
| Avg | 11.9% | -5.9% | 0.5% |
| Low | 5.7% | -15.9% | -9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.30 | 2.95 | 3.96 |
| Avg | 1.88 | 2.09 | 2.62 |
| Low | 1.41 | 1.35 | 1.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.5% | 57.0% | 89.6% |
| Avg | -11.4% | 11.1% | 25.5% |
| Low | -33.4% | -28.0% | -19.3% |
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.