Missed NVDA?
Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
CVE Stock Forecast 2026-2027
$24.91
Current Price
$46.82B
Market Cap
Buy 16
Hold 1
Sell 0
Wall St Analyst Ratings
Distance to CVE Price Targets
+24.4%
To High Target of $31.00
+12.7%
To Median Target of $28.09
+1.0%
To Low Target of $25.17
CVE Price Momentum
-3.1%
1 Week Change
-0.6%
1 Month Change
+109.5%
1 Year Change
+47.2%
Year-to-Date Change
-9.9%
From 52W High of $27.65
+114.7%
From 52W Low of $11.60
📊 TOP ANALYST CALLS
Did CVE Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Cenovus Energy is one of their latest high-conviction picks.
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 $28.09 (ranging from $25.17 to $31.00). The overall analyst rating is Strong Buy (9.2/10). Currently trading at $24.91, the median forecast implies a 12.7% upside. This outlook is supported by 16 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Greg Pardy at RBC Capital, projecting a 24.4% upside.
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
0
Sell
CVE Price Target Range
Low
$25.17
Average
$28.09
High
$31.00
Current: $24.91
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 |
|---|---|---|---|---|---|
| Mar 12, 2026 | Goldman Sachs | Neil Mehta | Buy | Maintains | $29.00 |
| Feb 20, 2026 | RBC Capital | Greg Pardy | Outperform | Maintains | $32.00 |
| Feb 18, 2026 | RBC Capital | Greg Pardy | Outperform | Maintains | $31.00 |
| Jan 20, 2026 | JP Morgan | Neutral | Downgrade | $N/A | |
| Jan 2, 2026 | Goldman Sachs | Neil Mehta | Buy | Reinstates | $20.00 |
| Nov 17, 2025 | RBC Capital | Greg Pardy | Outperform | Maintains | $32.00 |
| Aug 1, 2025 | RBC Capital | Greg Pardy | Outperform | Maintains | $26.00 |
| 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 | $N/A | |
| Jun 1, 2023 | RBC Capital | Outperform | Reiterates | $N/A |
Cenovus Energy Inc. (CVE) Competitors
The following stocks are similar to Cenovus Energy 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 $46.82B with a P/E ratio of 16.0x. The company generates $36.43B in trailing twelve-month revenue with a 7.9% profit margin.
Revenue growth is -15.1% quarter-over-quarter, while maintaining an operating margin of +9.5% and return on equity of +12.8%.
Valuation Metrics
Market Cap
$46.82B
Enterprise Value
$42.80B
P/E Ratio
16.0x
PEG Ratio
0.0x
Price/Sales
0.9x
Growth & Margins
Revenue Growth (YoY)
-15.1%
Gross Margin
+20.0%
Operating Margin
+9.5%
Net Margin
+7.9%
EPS Growth
+539.7%
Financial Health
Cash/Price Ratio
+5.9%
Current Ratio
1.6x
Debt/Equity
44.9x
ROE
+12.8%
ROA
+4.6%
💡 SKIP THE NOISE
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings — tracked and updated every Monday and Thursday.
Cenovus Energy Inc. (CVE) Business Model
About Cenovus Energy Inc.
What They Do
Integrated oil and natural gas production.
Business Model
The company generates revenue through the development, production, and marketing of crude oil, natural gas liquids, and natural gas. Utilizing advanced technologies like steam-assisted gravity drainage (SAGD), Cenovus enhances recovery rates while maintaining a focus on sustainability. Their refining operations also allow them to capture value throughout the entire hydrocarbons value chain.
Additional Information
Cenovus is a significant contributor to Canada's energy sector, driving innovation and economic growth. Its strategic positioning and diverse portfolio help it maintain a crucial role in the North American energy market.
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
Featured Analysis
Powered by
Zacks Investment Research
Cenovus Energy (CVE) Gains As Market Dips: What You Should Know
Cenovus Energy (CVE) closed at $24.91 in the latest trading session, marking a +1.63% move from the prior day.
Apr 20, 2026
By Zacks Equity Research
Tale of the Tape
Cenovus Energy (CVE) Stock Falls Amid Market Uptick: What Investors Need to Know
In the closing of the recent trading day, Cenovus Energy (CVE) stood at $25.72, denoting a -2.24% move from the preceding trading day.
Apr 14, 2026
By Zacks Equity Research
Tale of the Tape
Will Cenovus (CVE) Beat Estimates Again in Its Next Earnings Report?
Cenovus (CVE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Apr 14, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
The article outlines a methodology for selecting high-growth dividend stocks, emphasizing sustainability over yield, and presents a list of ten top stocks based on growth quality and sector diversity.
Why It Matters
This methodology highlights a strategy for identifying quality dividend stocks with growth potential, appealing to investors seeking sustainable income and long-term capital appreciation.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Cenovus (CVE) has a strong earnings surprise history and is well-positioned for a potential earnings beat in its upcoming quarterly report.
Why It Matters
Cenovus's strong earnings surprise history and favorable conditions suggest potential for positive quarterly results, likely boosting investor confidence and stock performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Cenovus Energy (CVE) closed at $25.72, down 2.24% from the previous trading day.
Why It Matters
Cenovus Energy's decline of 2.24% signals potential volatility, impacting investor sentiment and possibly influencing trading strategies or portfolio adjustments.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Cenovus Energy expects strong quarterly results due to rising oil prices. The company has retired preferred stock and is focused on debt reduction and flexible share repurchases.
Why It Matters
Cenovus Energy's strong performance with rising oil prices and improved balance sheet stability enhances financial health, indicating potential for growth and reduced risk for investors.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Zacks Style Scores help investors identify top-rated stocks aligned with their investing styles, providing a strategic tool for stock selection.
Why It Matters
Zacks Style Scores provide a streamlined method for identifying high-potential stocks, enhancing investment decisions and portfolio performance through tailored strategies.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Zacks Premium research service offers Zacks Style Scores, aiding value, growth, and momentum investors in identifying strong stocks.
Why It Matters
The Zacks Style Scores streamline stock selection across investment strategies, potentially improving returns and reducing risk for various investor styles.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About CVE Stock
What is Cenovus Energy Inc.'s (CVE) stock forecast for 2026?
Based on our analysis of 10 Wall Street analysts, Cenovus Energy Inc. (CVE) has a median price target of $28.09. The highest price target is $31.00 and the lowest is $25.17.
Is CVE stock a good investment in 2026?
According to current analyst ratings, CVE has 16 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $24.91. 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 $28.09 in the next 12 months. This represents a 12.7% increase from the current price of $24.91. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Cenovus Energy Inc.'s business model?
The company generates revenue through the development, production, and marketing of crude oil, natural gas liquids, and natural gas. Utilizing advanced technologies like steam-assisted gravity drainage (SAGD), Cenovus enhances recovery rates while maintaining a focus on sustainability. Their refining operations also allow them to capture value throughout the entire hydrocarbons value chain.
What is the highest forecasted price for CVE Cenovus Energy Inc.?
The highest price target for CVE is $31.00 from Greg Pardy at RBC Capital, which represents a 24.4% increase from the current price of $24.91.
What is the lowest forecasted price for CVE Cenovus Energy Inc.?
The lowest price target for CVE is $25.17 from at , which represents a 1.0% increase from the current price of $24.91.
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 0 as Sell, with a median price target of $28.09.
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: April 21, 2026 4:58 PM UTC