Cenovus Energy Inc. (CVE)
NYSE: CVE · Real-Time Price · USD
13.72
+0.47 (3.59%)
May 12, 2025, 4:00 PM - 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 25.75, with a low estimate of 16 and a high estimate of 34. The average target predicts an increase of 87.75% from the current stock price of 13.72.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cenovus Energy stock from 4 stock analysts 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 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 | +16.66% | Apr 30, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +82.28% | Apr 11, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $25 | Buy | Reiterates | $25 | +82.28% | Apr 2, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $26 → $25 | Buy | Maintains | $26 → $25 | +82.28% | Feb 21, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $28 | Buy | Reiterates | $28 | +104.16% | 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.