Cenovus Energy (CVE) analyst forecast and price target
Analyst forecast
Consensus of 22 analyst ratings
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| RBC Capital | Maintained | Outperform | $51.00 from $47.00 | Jul 30, 2026 |
| RBC Capital | Maintained | Outperform | $47.00 from $45.00 | May 19, 2026 |
| RBC Capital | Maintained | Outperform | $45.00 from $42.00 | May 7, 2026 |
| Goldman Sachs | Maintained | Buy | $29.00 from $22.00 | Mar 12, 2026 |
| RBC Capital | Maintained | Outperform | $32.00 from $31.00 | Feb 20, 2026 |
| RBC Capital | Maintained | Outperform | $31.00 from $29.00 | Feb 18, 2026 |
| JP Morgan | Downgraded | Overweight → Neutral | — | Jan 20, 2026 |
| Goldman Sachs | Maintained | Buy | $20.00 | Jan 2, 2026 |
| RBC Capital | Maintained | Outperform | $32.00 from $30.00 | Nov 17, 2025 |
| RBC Capital | Maintained | Outperform | $26.00 from $25.00 | Aug 1, 2025 |
| Goldman Sachs | Maintained | Buy | $16.00 from $18.00 | Apr 30, 2025 |
| RBC Capital | Maintained | Outperform | $25.00 | Apr 11, 2025 |
| RBC Capital | Maintained | Outperform | $25.00 | Apr 2, 2025 |
| RBC Capital | Maintained | Outperform | $25.00 from $26.00 | Feb 21, 2025 |
| RBC Capital | Maintained | Outperform | $28.00 | Jan 6, 2025 |
| BMO Capital | Maintained | Outperform | $28.00 from $31.00 | Nov 1, 2024 |
| RBC Capital | Maintained | Outperform | $28.00 from $29.00 | Nov 1, 2024 |
| BMO Capital | Maintained | Outperform | $31.00 from $33.00 | Oct 4, 2024 |
| RBC Capital | Maintained | Outperform | $33.00 | Jul 18, 2024 |
| Scotiabank | Maintained | Sector Outperform | $34.00 from $35.00 | Jul 12, 2024 |
Frequently asked questions
Is CVE a buy, sell, or hold?
Analysts covering Cenovus Energy currently average a Buy rating: 20 buy, 1 hold and 1 sell, from 22 analysts. Ratings reflect analyst opinion, not investment advice.
What is the latest analyst rating on CVE?
On Jul 30, 2026, RBC Capital maintained Cenovus Energy at Outperform with a price target of $51.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.