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CVECVEEnergy · Oil & Gas Integrated

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

Last close, 14 Aug 2026
$31
+1.34% on the day

The 18 Wall Street analysts covering Cenovus Energy, Inc. hold a median 12-month price target of $37 — +18.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 82 of 100 as at 13 Aug 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$56.4B
Ticker Nerd rank
82 / 100
Median analyst target
$37
Analysts covering
18
Total return, dividends reinvested
1W
+9.8%
1M
+12.7%
YTD
+85.4%
1Y
+107.4%
From 52W high
−1.9%
From 52W low
+111.1%
$15
$32
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 13 Aug 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
93
Quality
93
Growth
87
Value
73
Volatility
67
Revisions
66
Accruals
48
Issuance
46
Size
5

Momentum (93): The shares have been drifting up relative to others.

Issuance (46): The company has been issuing shares or taking on financing, diluting existing holders.

Size (5): 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.

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

The green dot is the last close — the median target sits +18.6% 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.

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
+14.2%
Analysts raising
0
Analysts cutting
2
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
11.9×

Cheaper than 55% of US stocks

Price / sales
1.0×

Cheaper than 69% of US stocks

Price / book
2.3×

Cheaper than 42% of US stocks

EV / EBITDA
4.5×

Cheaper than 54% of US stocks

Growth & margins
Revenue growth (YoY)
41.5%

Higher than 83% of US stocks

Earnings growth (YoY)
237.3%

Higher than 92% 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
2.1%

Higher than 46% of US dividend payers

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

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.$56.4B
82
CVXChevron Corp.$390.6B
32
NFGNational Fuel Gas Co.$7.7B
32
XOMExxonmobil Holdings Corp.$657.4B
33
TRGPTarga Resources Corp.*$57.4B
50
OXYOccidental Petroleum Corp.*$56.8B
74
FANGDiamondback Energy, Inc.*$57.8B
72

* 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

Cenovus Energy (CVE) is a Top-Ranked Momentum Stock: Should You Buy?

Zacks Investment Research · 12 Aug 2026positive

Zacks Investment Research has identified Cenovus Energy as a top-ranked momentum stock using its Style Scores feature, part of the Zacks Premium research service. The item highlights the stock's strong momentum characteristics as evaluated by Zacks' methodology.

Why it matters — CVE watchers would care because a top momentum ranking from Zacks' research indicates the stock is being highlighted favourably by an established analytical service.

Here's Why Cenovus Energy (CVE) is a Strong Growth Stock

Zacks Investment Research · 5 Aug 2026positive

Zacks Investment Research highlights Cenovus Energy (CVE) as a strong growth stock, using its Zacks Style Scores feature to identify the stock favorably.

Why it matters — The piece positions Cenovus positively within the investment research community, which could influence investor perception and interest in the stock.

CVE Q2 Earnings Call Highlights Production Growth

Zacks Investment Research · 30 July 2026positive

Cenovus Energy held its Q2 2026 earnings call, highlighting record Oil Sands production, higher guidance, and cost discipline as major projects advanced.

Why it matters — A CVE watcher would care because record production and disciplined cost management signal strong operational execution and improved financial outlook.

CVE Q2 Earnings Increase Y/Y on Higher Pricing & Oil Sands Volumes

Zacks Investment Research · 30 July 2026positive

Cenovus Energy reported higher Q2 2026 earnings and revenue, driven by stronger oil prices and increased Oil Sands production, which more than offset lower refinery throughput.

Why it matters — The results show that higher commodity prices and growing Oil Sands output are providing a significant earnings boost for Cenovus despite headwinds from its refining operations.

Compared to Estimates, Cenovus (CVE) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research · 29 July 2026neutral

Zacks Investment Research reported that Cenovus's top- and bottom-line numbers for the quarter ended June 2026 can be assessed by comparing key metrics against Wall Street estimates and year-ago values.

Why it matters — Investors tracking Cenovus can gain a clearer picture of the company's quarterly performance by seeing how its key operational metrics stack up against both analyst expectations and historical results.

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 13 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CVE?

As at 13 Aug 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 (93 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 +18.6% from the last close, and Ticker Nerd's factor model ranks Cenovus Energy, Inc. 82 out of 100 as at 13 Aug 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 +107.4% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Cenovus Energy, Inc. do?

Cenovus Energy Inc. is a Canadian-based integrated energy company.

What is the latest news on CVE?

The most recent item we track (Zacks Investment Research, 12 Aug 2026): "Cenovus Energy (CVE) is a Top-Ranked Momentum Stock: Should You Buy?". Zacks Investment Research has identified Cenovus Energy as a top-ranked momentum stock using its Style Scores feature, part of the Zacks Premium research service. The item highlights the stock's strong momentum characteristics as evaluated by Zacks' methodology.

Company

About Cenovus Energy, Inc.

Cenovus Energy Inc. is a Canadian-based integrated energy company. Headquartered in Calgary, Alberta, it focuses on the full oil and gas value chain, developing, producing, refining, transporting and marketing energy products across several regions. Cenovus Energy Inc. operates substantial upstream assets, including oil sands projects in northern Alberta, thermal and conventional crude oil and natural gas developments across Western Canada, and offshore crude oil, natural gas and natural gas liquids production in the Asia Pacific region, notably offshore China and Indonesia. Its downstream operations encompass upgrading and refining facilities in Canada and the United States, as well as commercial fuel and refined product marketing across Canada. Today, the company plays a significant role in supplying crude oil, natural gas, natural gas liquids and refined petroleum products such as transportation fuels to industrial customers, commercial distributors and end users in North America and internationally. Founded in 2009 and headquartered in Calgary, Cenovus Energy Inc. is considered one of the largest Canadian-based crude oil and natural gas producers and refiners, making it a key participant in the global energy market.

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