Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
14.71
-0.14 (-0.94%)
At close: Aug 7, 2025, 4:00 PM
14.75
+0.04 (0.27%)
Pre-market: Aug 8, 2025, 4:05 AM EDT
Cenovus Energy Stock Forecast
Stock Price Forecast
The 3 analysts that cover Cenovus Energy stock have a consensus rating of "Strong Buy" and an average price target of $23.33, which forecasts a 58.60% increase in the stock price over the next year. The lowest target is $16 and the highest is $28.
Price Target: $23.33 (+58.60%)
Analyst Consensus: Strong Buy
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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 3 | 3 | 3 | 3 | 2 |
| 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 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $25 → $26 | Buy | Maintains | $25 → $26 | +76.75% | Aug 1, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | +8.77% | Apr 30, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +69.95% | Apr 11, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +69.95% | Apr 2, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $26 → $25 | Buy | Maintains | $26 → $25 | +69.95% | Feb 21, 2025 |
Financial Forecast
Revenue This Year
51.59B
from 54.28B
Decreased by -4.95%
Revenue Next Year
49.54B
from 51.59B
Decreased by -3.99%
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 | 57.3B | 55.9B | 54.4B |
| Avg | 51.6B | 49.5B | 46.1B |
| Low | 45.0B | 41.6B | 40.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.6% | 8.3% | 9.9% |
| Avg | -4.9% | -4.0% | -6.9% |
| Low | -17.1% | -19.4% | -18.9% |
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.