Cenovus Energy Inc. (CVE) Stock Forecast
CVE analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.50 / 5 from 16 analysts
- Price target
- $36.55 average of analyst targets
- Upside to target
- +11.0% from the latest close
- Next earnings
- October 30, 2026 EPS estimate $1.21
- 52-week range
- $15.85 – $33.92
CVE analyst ratings
16 analystsNumber of analysts at each rating.
CVE price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
CVE earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.03 | $1.03 | $1.03 | $0.55 | +87.6% | 1 |
| Current fiscal year (2026) | $3.71 | $3.28 | $4.25 | $1.50 | +147.0% | 4 |
| Next fiscal year (2027) | $3.09 | $2.32 | $4.33 | $3.71 | −16.8% | 4 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
CVE revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $16.14B | $16.14B | $16.14B | +14.9% | 1 |
| Current fiscal year (2026) | $63.55B | $59.80B | $66.92B | +27.9% | 4 |
| Next fiscal year (2027) | $57.46B | $51.59B | $64.55B | −9.6% | 4 |
CVE EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
CVE revenue: reported and forecast
CVE EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.70 | $1.05 | $0.72 | $0.72 | $1.03 | +47.9% | 1 up · 0 down |
| Current fiscal year (2026) | $3.05 | $3.18 | $3.21 | $3.21 | $3.71 | +21.8% | 1 up · 1 down |
| Next fiscal year (2027) | $2.45 | $2.51 | $2.56 | $2.59 | $3.09 | +26.0% | 1 up · 1 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
CVE earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; CVE beat in 10 of 12.
What analysts expect from CVE
16 analysts cover Cenovus Energy; their consensus rating is strong buy (4.50 on a 1–5 scale, where 5 is a strong buy). The average price target is $36.55, 11.0% above the latest close of $32.94. Analysts expect earnings of $3.71 per share for 2026, +147.0% from a year earlier. For 2027 the average estimate is $3.09 per share on revenue of $57.5 billion. Cenovus Energy beat the EPS estimate in 10 of the last 12 quarters.
Related: CVE income statement, CVE chart. See the CVE stock overview for the latest quote and news.
CVE forecast FAQ
What is Cenovus Energy's price target?
The average analyst price target for Cenovus Energy is $36.55, 11.0% above the latest close of $32.94.
Is Cenovus Energy a buy, hold or sell?
Of 16 analysts covering Cenovus Energy, 8 rate it a strong buy, 8 a buy, 0 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Cenovus Energy's EPS forecast?
Analysts forecast $3.71 per share for 2026 (range $3.28 to $4.25); for 2027 the estimate is $3.09.
What is Cenovus Energy's revenue forecast?
The average revenue estimate for 2026 is $63.6 billion, growth of 27.9%; for 2027 it is $57.5 billion.
When does Cenovus Energy report earnings?
Cenovus Energy is expected to report results for the quarter ending September 30, 2026 on October 30, 2026; the EPS estimate is $1.21.
Does Cenovus Energy usually beat earnings estimates?
Cenovus Energy reported EPS at or above the analyst estimate in 10 of the last 12 quarters.