Cenovus Energy Inc.

CVE.TOTSXEnergy● Active

$39.41

$-1.94(-4.69%)

Market Cap$73.5B

P/E Ratio—

52W High$44.13

52W Low$17.78

Avg Volume8.1M

Open$39.41

Beta0.51

Overview

Cenovus Energy Inc. (CVE.TO) Stock Forecast & Analyst Price Target

Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.

cve.to · stock forecast · 27 analysts (3M) · FMP · updated Jun 8, 2026

Analyst Rating & Consensus

Based on 27 Wall Street analysts in the past 3 months

Hold

27 analysts

consensus

Rating Breakdown

Strong Buy

Buy

Hold

Sell

Strong Sell

Total: 27 · Buy rate: 40.7%

12-Month Price Target

High

$0.00

Consensus

$0.00

+0.0% upside

Low

$0.00

Median: $0 · Last Close: $39.41

The Cenovus Energy Inc. (CVE.TO) analyst consensus is Hold, based on ratings from 27 Wall Street analysts over the past 3 months. The average 12-month CVE.TO price target is $0.00, representing +0.0% upside from the current price of $39.41.

Short-Term Price Prediction

Bull

Algorithmically generated · Updated daily

Date	Predicted Price	Change	Min	Max
2026-06-09	$39.25	↓ 0.41%	$39.06	$39.43

1-day model range: $39.06–$39.43. Peak: $39.43 (-0.41%).

Long-Term Stock Price Prediction

Annual stock price forecast · 2027 / 2028 / 2029 / 2030 / 2031

Year	Low	Avg Price	High	Change
2027	$59	$60	$62	+53.2%
2028	$78	$81	$84	+106.2%
2029	$95	$100	$104	+152.6%
2030	$108	$114	$120	+189.5%
2031	$118	—	$132	+216.9%

Confidence:Medium

Stock Forecast Based on Technical Analysis

14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency

Market Sentiment

NEUTRAL

Based on 14 technical indicators

50%7%43%

7Buy

1Neutral

6Sell

RSI (14)38.0Neutral

MACDBULLISH

Refreshes daily from EOD close

Moving Averages · CVE.TO · Jun 8, 2026

Simple Moving Average (SMA)

MA 5$40.26SELL

MA 10$39.67SELL

MA 20$40.49SELL

MA 50$38.36BUY

MA 100$33.95BUY

MA 200$28.91BUY

Current $CVE.TO · Price above MA = BUY signal

Exponential Moving Average (EMA)

EMA 5$40.12SELL

EMA 10$40.11SELL

EMA 20$39.92SELL

EMA 50$38.04BUY

EMA 100$34.78BUY

EMA 200$30.65BUY

Current $CVE.TO · Price above MA = BUY signal

How we calculate: Technical sentiment is derived from 14 indicators — SMA(5,10,20,50,100,200), EMA(5,10,20,50,100,200), RSI(14), and MACD(12,26,9) — calculated from historical EOD price data. BUY = current price above MA; SELL = below. 14 TA signals + historical EOD price data · Updated daily. Independent of analyst consensus data. Not investment advice.

Latest Analyst Ratings & Upgrades

Filter:

Date	Brokerage	Action	Rating
2026-05-19	RBC Capital	Maintains	Outperform→Outperform
2026-05-07	RBC Capital	Maintains	Outperform→Outperform
2026-03-12	Goldman Sachs	Maintains	Buy→Buy
2026-02-20	RBC Capital	Maintains	Outperform→Outperform
2026-02-18	RBC Capital	Maintains	Outperform→Outperform
2026-01-20	JP Morgan	Downgrade ↓	Overweight→Neutral
2025-11-17	RBC Capital	Maintains	Outperform→Outperform
2025-08-01	RBC Capital	Maintains	Outperform→Outperform
2025-04-30	Goldman Sachs	Maintains	Buy→Buy
2025-04-11	RBC Capital	Maintains	Outperform→Outperform

RBC Capital2026-05-19

Maintains

Outperform→Outperform

RBC Capital2026-05-07

Maintains

Outperform→Outperform

Goldman Sachs2026-03-12

Maintains

Buy→Buy

RBC Capital2026-02-20

Maintains

Outperform→Outperform

RBC Capital2026-02-18

Maintains

Outperform→Outperform

JP Morgan2026-01-20

Downgrade ↓

Overweight→Neutral

RBC Capital2025-11-17

Maintains

Outperform→Outperform

RBC Capital2025-08-01

Maintains

Outperform→Outperform

Goldman Sachs2025-04-30

Maintains

Buy→Buy

RBC Capital2025-04-11

Maintains

Outperform→Outperform

Wall Street analysts have recently issued updated ratings on Cenovus Energy Inc. (CVE.TO) stock. Of the recent 81 rating actions, 16 were upgrades and 16 were downgrades. 27 analysts currently cover CVE.TO.

Analyst Recommendation Trends

Buy ratings1 → 2↑ +1

Hold ratings0 → 0

Sell ratings0 → 0

CVE.TO analyst recommendation trends show increasing buy-side sentiment over the past 6 months. Buy rating actions changed from 1 to 2 per month.

Financial Forecast: EPS & Revenue Estimates

Revenue This Year

$56.1B

↑ 0.7% YoY

Revenue Next Year

$52.0B

↓ 7.3% YoY

EPS This Year

$4.58

EPS Next Year

$3.61

↓ 21.2% YoY

EPS ForecastReported vs Estimated

Reported EPSHistorical estimateAnalyst forecast (future)

Analysts forecast CVE.TO EPS of $4.58 for the current fiscal year, based on estimates from 7 analysts. The CVE.TO revenue forecast is $56.1B for the current year. These are analyst consensus estimates via FMP / S&P Global.

About Forecast & Price Prediction

The CVE.TO stock forecast is supported by two independent data sources: analyst consensus ratings from 27 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus CVE.TO price target is $0.00 (+0.0% upside), with an analyst consensus of Hold.

The CVE.TO short-term stock prediction for tomorrow is $39.25 (-0.41%). The CVE.TO stock price prediction for 2027 estimates an average of $60. The CVE.TO stock prediction for 2030 projects a range of $108–$120.

Cenovus Energy Inc. trades on TSX under the ticker CVE.TO. The CVE.TO stock outlook for 2027 is broadly mixed, supported by a Hold consensus among 41% of covering analysts.

FAQ answers synthesize analyst targets, estimates, and on-page model outputs where shown.

Earnings Revenue PE Ratio Financials Market Cap Insider Trades Dividends Price History

Frequently asked questions

CVE.TO forecast · 8 questions

According to 27 Wall Street analysts, the average 12-month CVE.TO price target is $0.00, with a high forecast of $0.00 and a low of $0.00. The median price target is shown in the chart above when available. This implies +0.0% potential upside from the current price of $39.41.

CVE.TO price targetWhat is CVE.TO price targetCVE.TO analyst price targetCVE.TO 12-month target

· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)

⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.