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CVECVEEnergy · Oil & Gas Integrated

CVE Stock Forecast: Cenovus Energy, Inc. Price Predictions for 2026-2027

Last close, 3 Sept 2026
$33
−0.03% on the day

The 18 Wall Street analysts covering Cenovus Energy, Inc. hold a median 12-month price target of $37 — +12.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 82 of 100 as at 2 Sept 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$60.5B
Ticker Nerd rank
82 / 100
Median analyst target
$37
Analysts covering
18
Revenue$19.1B+54.9% y/y
Operating income$4.3B
Net income$2.9B
Free cash flow$4.4B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+3.4%
1M
+10.9%
YTD
+96.1%
1Y
+101.3%
From 52W high
−1.0%
From 52W low
+109.4%
$16
$33
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CVE stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Cenovus Energy, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 2 Sept 2026
82 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
96
Quality
93
Growth
85
Value
71
Volatility
71
Revisions
67
Accruals
48
Issuance
45
Size
4

Momentum (96): The shares have been drifting up relative to others.

Issuance (45): The company has been issuing shares or taking on financing, diluting existing holders.

Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CVE stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CVE, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$15$20$25$30$35$40Oct 25Jan 26Apr 26Jul 26CVEHigh $40Median $37Low $34

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says18 analysts
17 Buy1 Hold0 Sell
Low $34Median $37High $40

The green dot is the last close — the median target sits +12.1% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
30 July 2026RBC CapitalMaintainsOutperform$47 → $51
19 May 2026RBC CapitalMaintainsOutperform$45 → $47
19 May 2026RBC CapitalMaintainsOutperform—
7 May 2026RBC CapitalMaintainsOutperform—
12 Mar 2026Goldman SachsMaintainsBuy—
20 Feb 2026RBC CapitalMaintainsOutperform—
18 Feb 2026RBC CapitalMaintainsOutperform—
20 Jan 2026JP MorganDowngradeNeutral—
2 Jan 2026Goldman SachsReinstatesBuy$20
17 Nov 2025RBC CapitalMaintainsOutperform—
1 Aug 2025RBC CapitalMaintainsOutperform—
30 Apr 2025Goldman SachsMaintainsBuy—
11 Apr 2025RBC CapitalReiteratesOutperform—
2 Apr 2025RBC CapitalReiteratesOutperform—
21 Feb 2025RBC CapitalMaintainsOutperform—
6 Jan 2025RBC CapitalReiteratesOutperform—
1 Nov 2024BMO CapitalMaintainsOutperform—
4 Oct 2024BMO CapitalMaintainsOutperform—
12 July 2024ScotiabankMaintainsSector Outperform—
28 Mar 2024Morgan StanleyMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CVE appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

CVE vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 3 Sept 2026, Cenovus Energy, Inc. returned +101.3% against +21.4% for the S&P 500, dividends included.

CVE vs S&P 500, last 12 monthsTotal return, rebased to 100
100120140160180200Oct 25Jan 26Apr 26Jul 26CVES&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CVE analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+6.4%
Analysts raising
0
Analysts cutting
1
Fundamentals

Cenovus Energy, Inc. (CVE) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
12.7×

Cheaper than 51% of US stocks

Price / sales
1.1×

Cheaper than 67% of US stocks

Price / book
2.5×

Cheaper than 40% of US stocks

EV / EBITDA
4.9×

Cheaper than 53% of US stocks

Growth & margins
Revenue growth (YoY)
41.5%

Higher than 84% of US stocks

Earnings growth (YoY)
237.3%

Higher than 91% of US stocks

Gross margin
30.9%

Higher than 36% of US stocks

Operating margin
23.8%

Higher than 83% of US stocks

Net margin
12.4%

Higher than 74% of US stocks

Returns & dividend
Return on equity
20.9%

Higher than 82% of US stocks

Return on assets
9.2%

Higher than 91% of US stocks

Dividend yield
1.9%

Higher than 43% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Cenovus Energy, Inc. (CVE) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Cenovus Energy, Inc. has a market value of $60.5B and an enterprise value of $50.1B.

  • Revenue in the twelve months to 30 June 2026: $59.6B. The latest quarter grew 41.5% year on year.

  • Net income over the same four quarters: $6.7B, a 11.2% net margin.

  • Diluted earnings per share, trailing twelve months: $3.58.

  • Free cash flow in the twelve months to 30 June 2026: $7.5B, after $4.9B of capital spending.

  • Cenovus Energy, Inc. spent $3.4B on share buybacks and $1.5B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 1.8B.

  • Trailing P/E: 12.7×; forward P/E: 12.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.91%, paying out 23% of earnings.

  • Cenovus Energy, Inc. employs 7,211 people — $8.3M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 2 Sept 2026

Data provided by Twelve Data

Peers

CVE vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Integrated
CompanyMarket capTKN rank
CVECenovus Energy, Inc.$60.5B
82
CVXChevron Corp.$418.4B
31
NFGNational Fuel Gas Co.$7.9B
30
XOMExxonmobil Holdings Corp.$680.3B
34
LNGCheniere Energy, Inc.*$61.1B
85
OKEONEOK, Inc.*$60.4B
58
TRPTC Energy Corp.*$62.5B
50

* Nearest Energy names by size — few oil & gas integrated companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Cenovus Energy, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CVE news & analysis

Don't Miss These 3 Companies Delivering Strong Guidance Updates

MarketBeat · 31 Aug 2026positive

Cenovus Energy was highlighted among companies delivering strong guidance updates. Raised guidance indicates company leadership sees things going better than previously expected, such as stronger demand, improved margins, or better operational execution.

Why it matters — Guidance increases are considered one of the most important positive signals in a quarterly report, as they suggest management's outlook has improved beyond what was anticipated.

How Cenovus' Low-Cost Base and Downstream Integration Offer Resilience

Zacks Investment Research · 28 Aug 2026positive

Zacks Investment Research highlights Cenovus Energy's low-cost oil sands assets and integrated upstream-downstream platform, which support production growth and resilience through price volatility.

Why it matters — A CVE watcher would care because the article underscores how Cenovus's cost structure and integration could help insulate the company during volatile commodity price periods.

Why Is Cenovus (CVE) Up 4.6% Since Last Earnings Report?

Zacks Investment Research · 28 Aug 2026positive

Cenovus (CVE) reported earnings 30 days ago, and its stock has risen 4.6% since that report. The piece looks ahead to what may come next for the company following the earnings release.

Why it matters — A CVE watcher would care because the article examines the company's performance since its latest earnings report and what may lie ahead.

Cenovus vs. Phillips 66: Which Energy Stock Is the Better Buy?

Zacks Investment Research · 25 Aug 2026positive

Zacks Investment Research compares Cenovus Energy (CVE) with Phillips 66 (PSX), highlighting that Cenovus stands out with a lower valuation, rising oil sands output, improving efficiency, and a stronger balance sheet.

Why it matters — The comparison positions Cenovus favorably against a peer on valuation, output growth, efficiency, and financial strength, which is relevant for investors tracking CVE.

Cenovus Energy:  There Is More Where That Came From, So Hang On

Seeking Alpha · 24 Aug 2026positive

Seeking Alpha reports that Cenovus Energy has a growth story supported by expected commodity price strength and a recent acquisition of MEG Energy, which is said to accelerate production growth and debt repayment. The article also cites Strategic Petroleum Reserve depletion and "higher for longer" commodity prices as factors that materially strengthen the company's outlook.

Why it matters — CVE watchers would care because the piece highlights the MEG Energy acquisition and expected commodity-price conditions as supportive of the company's growth and debt-reduction trajectory.

FAQ

Frequently asked questions about CVE stock

What is the CVE stock price forecast for 2026-2027?

The 18 Wall Street analysts covering Cenovus Energy, Inc. have a median 12-month price target of $37, with estimates ranging from $34 to $40. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CVE stock a buy right now?

Of the 18 analysts covering Cenovus Energy, Inc., 17 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Cenovus Energy, Inc. 82 out of 100 across roughly 4,600 US stocks as at 2 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CVE?

As at 2 Sept 2026, Cenovus Energy, Inc. ranks 82 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (96 of 100).

Will CVE stock go up?

No one can know that. What the data says: the median 12-month target from 18 analysts implies +12.1% from the last close, and Ticker Nerd's factor model ranks Cenovus Energy, Inc. 82 out of 100 as at 2 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CVE stock forecast for 2030?

No analyst covering Cenovus Energy, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CVE are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $34 to $40 over the next 12 months.

How has CVE stock performed over the past year?

Cenovus Energy, Inc. returned +101.3% over the 12 months to 3 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Cenovus Energy, Inc. do?

Cenovus Energy Inc. is a Canadian integrated energy company focused on the full oil and natural gas value chain.

What is the latest news on CVE?

The most recent item we track (MarketBeat, 31 Aug 2026): "Don't Miss These 3 Companies Delivering Strong Guidance Updates". Cenovus Energy was highlighted among companies delivering strong guidance updates. Raised guidance indicates company leadership sees things going better than previously expected, such as stronger demand, improved margins, or better operational execution.

Company

About Cenovus Energy, Inc.

Cenovus Energy Inc. is a Canadian integrated energy company focused on the full oil and natural gas value chain. It develops and produces crude oil, bitumen, natural gas liquids, and natural gas through its upstream operations, which include oil sands, conventional, and offshore assets in Canada and the Asia Pacific region. The company also operates downstream businesses that upgrade, refine, transport, and market petroleum products in Canada and the United States. Cenovus Energy serves industrial, commercial, and consumer fuel markets through its refining and retail activities, making it an important participant in North American energy supply and distribution. Headquartered in Calgary, Alberta, Cenovus Energy combines production and refining capabilities to manage a broad portfolio of energy assets across multiple markets.

CEO Mr. Jonathan M. McKenzie CA · 7,211 employees · Canada · https://www.cenovus.com