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CVE Stock Forecast 2025-2026
$13.64
Current Price
$25.05B
Market Cap
Buy 16
Hold 1
Sell 1
Wall St Analyst Ratings
Distance to CVE Price Targets
+69.7%
To High Target of $23.15
+17.3%
To Median Target of $16.00
-0.6%
To Low Target of $13.56
CVE Price Momentum
+3.0%
1 Week Change
+17.0%
1 Month Change
-31.7%
1 Year Change
-10.0%
Year-to-Date Change
-35.3%
From 52W High of $21.08
+33.3%
From 52W Low of $10.23
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Latest CVE Stock Price Targets & Analyst Predictions
Based on our analysis of 10 Wall Street analysts, CVE has a bullish consensus with a median price target of $16.00 (ranging from $13.56 to $23.15). The overall analyst rating is Strong Buy (8.6/10). Currently trading at $13.64, the median forecast implies a 17.3% upside. This outlook is supported by 16 Buy, 1 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CVE Analyst Ratings
16
Buy
1
Hold
1
Sell
CVE Price Target Range
Low
$13.56
Average
$16.00
High
$23.15
Current: $13.64
Latest CVE Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CVE.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 30, 2025 | Goldman Sachs | Neil Mehta | Buy | Maintains | $16.00 |
| Apr 11, 2025 | RBC Capital | Greg Pardy | Outperform | Reiterates | $25.00 |
| Apr 2, 2025 | RBC Capital | Greg Pardy | Outperform | Reiterates | $25.00 |
| Feb 21, 2025 | RBC Capital | Greg Pardy | Outperform | Maintains | $25.00 |
| Jan 6, 2025 | RBC Capital | Greg Pardy | Outperform | Reiterates | $28.00 |
| Nov 1, 2024 | BMO Capital | Randy Ollenberger | Outperform | Maintains | $28.00 |
| Oct 4, 2024 | BMO Capital | Randy Ollenberger | Outperform | Maintains | $31.00 |
| Jul 12, 2024 | Scotiabank | Jason Bouvier | Sector Outperform | Maintains | $34.00 |
| Mar 28, 2024 | Morgan Stanley | Benny Wong | Overweight | Maintains | $30.00 |
| Jan 26, 2024 | RBC Capital | Greg Pardy | Outperform | Reiterates | $28.00 |
| Jun 29, 2023 | National Bank Financial Inc | Travis Wood | Outperform | Maintains | $33.00 |
| Jun 6, 2023 | Goldman Sachs | Buy | Upgrade | $0.00 | |
| Jun 1, 2023 | RBC Capital | Outperform | Reiterates | $0.00 | |
| May 30, 2023 | RBC Capital | Gregory Pardy | Outperform | Reiterates | $28.00 |
| Apr 27, 2023 | RBC Capital | Gregory Pardy | Outperform | Maintains | $28.00 |
| Nov 21, 2022 | Goldman Sachs | Neil Mehta | Neutral | Downgrade | $23.00 |
| Aug 11, 2022 | Credit Suisse | William Janela | Outperform | Assumes | $37.00 |
| Jun 9, 2022 | Credit Suisse | Manav Gupta | Outperform | Maintains | $37.00 |
| May 20, 2022 | Goldman Sachs | Buy | Maintains | $24.00 | |
| Sep 28, 2021 | Goldman Sachs | Buy | Maintains | $12.50 |
Cenovus Energy Inc. (CVE) Competitors
The following stocks are similar to Cenovus based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Cenovus Energy Inc. (CVE) Financial Data
Cenovus Energy Inc. has a market capitalization of $25.05B with a P/E ratio of 12.7x. The company generates $39.04B in trailing twelve-month revenue with a 5.2% profit margin.
Revenue growth is +1.8% quarter-over-quarter, while maintaining an operating margin of +9.1% and return on equity of +9.4%.
Valuation Metrics
Market Cap
$25.05B
Enterprise Value
$23.99B
P/E Ratio
12.7x
PEG Ratio
8.9x
Price/Sales
0.5x
Growth & Margins
Revenue Growth (YoY)
+1.8%
Gross Margin
+21.9%
Operating Margin
+9.1%
Net Margin
+5.2%
EPS Growth
-27.0%
Financial Health
Cash/Price Ratio
+11.2%
Current Ratio
1.5x
Debt/Equity
35.9x
ROE
+9.4%
ROA
+4.9%
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Cenovus Energy Inc. (CVE) Business Model
About Cenovus Energy Inc.
What They Do
Integrated oil and natural gas company.
Business Model
Cenovus Energy generates revenue through the development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company utilizes advanced technologies, such as steam-assisted gravity drainage (SAGD), to enhance recovery rates from oil sands, thereby increasing efficiency and output while minimizing environmental impacts. Additionally, Cenovus engages in refining and marketing hydrocarbons, particularly in the U.S. Midwest, allowing the company to capture value across the entire hydrocarbons value chain.
Additional Information
Cenovus is a significant player in Canada's energy sector, focusing on sustainability and innovation. Its strategic positioning and diverse portfolio help it address global energy demands while contributing to the Canadian economy.
Company Information
Sector
Energy
Industry
Oil & Gas Integrated
Employees
7,150
CEO
Mr. Jonathan M. McKenzie CA
Country
Canada
IPO Year
2009
Website
www.cenovus.comCenovus Energy Inc. (CVE) Latest News & Analysis
Latest News
Quick Summary
CVE reported Q1 earnings growth driven by increased contributions from Oil Sands, Conventional, and Offshore units, despite a year-over-year decline in revenues.
Why It Matters
CVE's Q1 earnings rise despite declining revenues, indicating strong operational performance in specific segments. This may impact future growth projections and investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Cenovus Energy Inc. will host its Q1 2025 earnings conference call on May 8, 2025, at 11:00 AM ET, featuring key executives and financial analysts from major firms.
Why It Matters
Cenovus Energy's Q1 2025 earnings call signals key financial insights and strategic direction, influencing market perceptions and investment decisions.
Source: Seeking Alpha
Market Sentiment:
Neutral
Cenovus announces first-quarter 2025 results
8 days ago
Quick Summary
Cenovus Energy Inc. reported Q1 2025 results with over $1.3 billion in cash from operations, $2.2 billion in adjusted funds flow, and $983 million in free funds flow. Production rose to 818,900 BOE/d.
Why It Matters
Cenovus Energy's strong Q1 2025 results highlight robust cash flow and production growth, indicating financial strength and operational efficiency, which can positively influence stock performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Cenovus Energy Inc. (TSX: CVE) held its annual shareholder meeting on May 8, 2025. Details on matters voted on are in the 2025 Management Information Circular dated March 12, 2025.
Why It Matters
Cenovus Energy's annual meeting outcomes can influence shareholder sentiment, governance, and strategic direction, impacting stock performance and investment decisions.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Cenovus Energy (CVE) reported Q3 earnings of $0.32 per share, surpassing the Zacks estimate of $0.29, but down from $0.46 per share in the same quarter last year.
Why It Matters
Cenovus Energy's earnings beat estimates, signaling operational strength, but a year-over-year decline may raise concerns about future growth and profitability.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Cenovus (CVE) reported its quarterly performance for March 2025, with key metrics available for comparison to Wall Street estimates and previous year values.
Why It Matters
Cenovus's performance relative to Wall Street estimates and previous year metrics can indicate growth potential, influence stock valuation, and impact investor sentiment.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Frequently Asked Questions About CVE Stock
What is Cenovus Energy Inc.'s (CVE) stock forecast for 2025?
Based on our analysis of 10 Wall Street analysts, Cenovus Energy Inc. (CVE) has a median price target of $16.00. The highest price target is $23.15 and the lowest is $13.56.
Is CVE stock a good investment in 2025?
According to current analyst ratings, CVE has 16 Buy ratings, 1 Hold ratings, and 1 Sell ratings. The stock is currently trading at $13.64. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for CVE stock?
Wall Street analysts predict CVE stock could reach $16.00 in the next 12 months. This represents a 17.3% increase from the current price of $13.64. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Cenovus Energy Inc.'s business model?
Cenovus Energy generates revenue through the development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company utilizes advanced technologies, such as steam-assisted gravity drainage (SAGD), to enhance recovery rates from oil sands, thereby increasing efficiency and output while minimizing environmental impacts. Additionally, Cenovus engages in refining and marketing hydrocarbons, particularly in the U.S. Midwest, allowing the company to capture value across the entire hydrocarbons value chain.
What is the highest forecasted price for CVE Cenovus Energy Inc.?
The highest price target for CVE is $23.15 from at , which represents a 69.7% increase from the current price of $13.64.
What is the lowest forecasted price for CVE Cenovus Energy Inc.?
The lowest price target for CVE is $13.56 from at , which represents a -0.6% decrease from the current price of $13.64.
What is the overall CVE consensus from analysts for Cenovus Energy Inc.?
The overall analyst consensus for CVE is bullish. Out of 10 Wall Street analysts, 16 rate it as Buy, 1 as Hold, and 1 as Sell, with a median price target of $16.00.
How accurate are CVE stock price projections?
Stock price projections, including those for Cenovus Energy Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: May 16, 2025 2:58 AM UTC