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Ranked #1678 by analyst upside · 2026-06-27
CVE
Cenovus Energy Inc.
Energy · Market Cap $46B · P/E 14.0x
ANALYST PRICE TARGET
+38.7%
implied upside to consensus target
Current Price $24.81
Consensus Target $34.41
Bull Target $36.0
Bear Target $32.82
Analysts Covering 2
ANALYST CONSENSUS — STRONG BUY
Strong Buy
1
Buy
1
Hold
0
Sell
0
52-Week Low $13.47
52-Week High $32.07
YTD Return +43.2%
FUNDAMENTALS
Market Cap $46B
P/E Ratio (TTM) 14.0x
Forward P/E 10.3x
EPS (TTM) $1.77
PEG Ratio N/A
Dividend Yield 2.55%
Revenue (TTM) $48.8B
Profit Margin 9.5%
52-WEEK RANGE
52-Week Low $13.47
52-Week High $32.07
Current Price $24.81
Bear Target $32.82
Bull Target $36.0
● Now $24.81 ● Target $34.41
TRADING DATA
Avg Volume 9.2M
YTD Return +43.2%
Analyst Count 2
Consensus Strong Buy
Upside to Target +38.7%
Last Updated 2026-06-27

ANALYST SUMMARY

Cenovus Energy Inc. (CVE) is currently trading at $24.81 with a Wall Street consensus price target of $34.41, implying potential upside of 38.7% over the next 12 months. 2 analysts currently cover CVE, with a consensus rating of Strong Buy — 100% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $36.0, while the most cautious has a target of $32.82.

CVE operates in the Energy sector with a market capitalisation of $46B. The stock is up 43.2% year-to-date and is currently trading near the upper end of its 52-week range of $13.47 – $32.07.

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RECENT ANALYST CALLS

Upgrade/downgrade history for CVE, with each firm's 90-day track record across all stocks we track. See full firm rankings →

RBC Capital — Reiterated
Outperform → Outperform 2026-05-19 Building track record
RBC Capital — Reiterated
Outperform → Outperform 2026-05-07 Building track record
Goldman Sachs — Reiterated
Buy → Buy 2026-03-12 Building track record
RBC Capital — Reiterated
Outperform → Outperform 2026-02-20 Building track record
RBC Capital — Reiterated
Outperform → Outperform 2026-02-18 Building track record
RBC Capital — Reiterated
Outperform → Outperform 2025-11-17 Building track record
RBC Capital — Reiterated
Outperform → Outperform 2025-08-01 Building track record
Goldman Sachs — Reiterated
Buy → Buy 2025-04-30 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
out of 100
Coverage depth
0/30
Consensus clarity
0/30
Vote unanimity
0/25
Rating stability
0/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call — not that the stock will go up.

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