Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
18.31
-0.02 (-0.11%)
At close: Dec 5, 2025, 4:00 PM EST
18.34
+0.03 (0.16%)
After-hours: Dec 5, 2025, 7:58 PM EST
Cenovus Energy Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Cenovus Energy stock ranges from a low of $16 to a high of $32. The average analyst price target of $24 forecasts a 31.08% increase in the stock price over the next year.
Price Target: $24.00 (+31.08%)
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 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 2 | 2 | 2 | 1 |
| 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 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +74.77% | Nov 17, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $25 → $26 | Buy | Maintains | $25 → $26 | +42.00% | Aug 1, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $18 → $16 | Strong Buy | Maintains | $18 → $16 | -12.62% | Apr 30, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +36.54% | Apr 11, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +36.54% | Apr 2, 2025 |
Financial Forecast
Revenue This Year
52.67B
from 54.28B
Decreased by -2.96%
Revenue Next Year
48.80B
from 52.67B
Decreased by -7.34%
EPS This Year
2.09
from 1.67
Increased by 25.12%
EPS Next Year
1.68
from 2.09
Decreased by -19.38%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 58.1B | 61.9B | |
| Avg | 52.7B | 48.8B | |
| Low | 48.2B | 38.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.0% | 17.5% | |
| Avg | -3.0% | -7.3% | |
| Low | -11.3% | -26.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.34 | 2.24 | |||
| Avg | 2.09 | 1.68 | |||
| Low | 1.79 | 0.69 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 40.3% | 7.1% | |||
| Avg | 25.1% | -19.4% | |||
| Low | 7.5% | -67.1% |
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.