Cenovus Energy Inc Analyst Ratings

CVENYSE
$30.82
0.672.22%
At close: May 15, 5:00 PM EST
$30.33
-0.49-1.59%
After Hours: 5:56 PM EST
Consensus Rating1
Outperform
Highest Price Target1
$45.00
Lowest Price Target1
$28.00
Consensus Price Target1
$32.43

Cenovus Energy Analyst Ratings and Price Targets | NYSE:CVE | Benzinga

Cenovus Energy Inc has a consensus price target of $32.43 based on the ratings of 7 analysts. The high is $45 issued by RBC Capital on May 7, 2026. The low is $28 issued by BMO Capital on November 1, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Goldman Sachs, and RBC Capital on May 7, 2026, March 12, 2026, and February 20, 2026, respectively. With an average price target of $35.33 between RBC Capital, Goldman Sachs, and RBC Capital, there's an implied 16.50% upside for Cenovus Energy Inc from these most-recent analyst ratings.

Analyst Trends and Forecast

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Nov 25
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May
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

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3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Goldman Sachs
BMO Capital
Scotiabank
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Cenovus Energy

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FAQ

Q

What is the target price for Cenovus Energy (CVE) stock?

A

The latest price target for Cenovus Energy (NYSE:CVE) was reported by RBC Capital on May 7, 2026. The analyst firm set a price target for $45.00 expecting CVE to rise to within 12 months (a possible 48.37% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cenovus Energy (CVE)?

A

The latest analyst rating for Cenovus Energy (NYSE:CVE) was provided by RBC Capital, and Cenovus Energy maintained their outperform rating.

Q

When was the last upgrade for Cenovus Energy (CVE)?

A

The last upgrade for Cenovus Energy Inc happened on June 6, 2023 when Goldman Sachs raised their price target to $22. Goldman Sachs previously had a neutral for Cenovus Energy Inc.

Q

When was the last downgrade for Cenovus Energy (CVE)?

A

There is no last downgrade for Cenovus Energy.

Q

When is the next analyst rating going to be posted or updated for Cenovus Energy (CVE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cenovus Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cenovus Energy was filed on May 7, 2026 so you should expect the next rating to be made available sometime around May 7, 2027.

Q

Is the Analyst Rating Cenovus Energy (CVE) correct?

A

While ratings are subjective and will change, the latest Cenovus Energy (CVE) rating was a maintained with a price target of $42.00 to $45.00. The current price Cenovus Energy (CVE) is trading at is $30.33, which is out of the analyst’s predicted range.