Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
13.78
-0.31 (-2.20%)
At close: Mar 28, 2025, 4:00 PM
13.79
+0.01 (0.04%)
After-hours: Mar 28, 2025, 8:00 PM EDT
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 112.26% from the current stock price of 13.78.
Analyst Consensus: Buy
* Price targets were last updated on Feb 21, 2025.
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 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 | 4 | 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 | +81.42% | Feb 21, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $28 | Buy | Reiterates | $28 | +103.19% | Jan 6, 2025 |
| BMO Capital | BMO Capital | Buy Maintains $31 → $28 | Buy | Maintains | $31 → $28 | +103.19% | Nov 1, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $33 → $31 | Buy | Maintains | $33 → $31 | +124.96% | Oct 4, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $35 → $34 | Buy | Maintains | $35 → $34 | +146.73% | Jul 12, 2024 |
Financial Forecast
Revenue This Year
53.18B
from 54.28B
Decreased by -2.03%
Revenue Next Year
52.77B
from 53.18B
Decreased by -0.76%
EPS This Year
2.07
from 1.67
Increased by 23.89%
EPS Next Year
2.77
from 2.07
Increased by 34.07%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 58.0B | 60.0B | 55.7B |
| Avg | 53.2B | 52.8B | 52.6B |
| Low | 47.5B | 47.8B | 50.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 6.9% | 12.9% | 5.5% |
| Avg | -2.0% | -0.8% | -0.3% |
| Low | -12.4% | -10.0% | -4.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.89 | 3.89 | 5.08 |
| Avg | 2.07 | 2.77 | 3.08 |
| Low | 1.14 | 1.94 | 1.94 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 73.0% | 87.9% | 83.4% |
| Avg | 23.9% | 34.1% | 11.2% |
| Low | -31.9% | -6.1% | -30.0% |
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.