Equites Radar

CVE · Cenovus Energy Inc

Oil & Gas IntegratedCanadaAnalyst view: Strong Buy

$33.11

-0.69% last session

End-of-day data · close of 2026-09-11

Bullish4 bullish · 1 bearish technical signals
Consensus: Strong Buy (1.44 from 2 analysts)
To mean target: +10.3%

Market cap

$61B

Enterprise value

$70B

Trailing P/E

12.8

Forward P/E

12.7

Dividend yield

2.0%

Beta

0.50

Avg volume

7M

Employees

7K

Daily Change %

-0.69%

5 Days Change

3.37%

10 Days Change

4.07%

30 Days Change

12.13%

60 Days Change

26.74%

Month to Day Change

1.00%

Year to Day Change

100.10%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.44
Covering analysts2
Mean price target$36.76
Low price target$33.53
Upside to mean target+10.3%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)61.8
50-day MA$29.83
200-day MA$24.77
Price vs 50-day MA+11.0%
Price vs 200-day MA+33.7%
MACD histogram-0.03
Volume vs 3-month avg0.8×
52w low $15.6652w high $33.46

Analyst sentiment over time — CVE

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-30

Latest call per bank · past 12 months

RBC Capital

Outperform

$51.00

+53.0% vs price
▲ raised from $47.00Maintains · 2026-07-30

Goldman Sachs

Buy

$29.00

-13.0% vs price
▲ raised from $22.00Maintains · 2026-03-12

Recent rating actions

DateFirmActionRatingPrice target
2026-07-30RBC CapitalMaintainsOutperform$47.00 $51.00
2026-05-19RBC CapitalMaintainsOutperform$45.00 $47.00
2026-05-07RBC CapitalMaintainsOutperform$42.00 $45.00
2026-03-12Goldman SachsMaintainsBuy$22.00 $29.00
2026-02-20RBC CapitalMaintainsOutperform$31.00 $32.00
2026-02-18RBC CapitalMaintainsOutperform$29.00 $31.00
2025-11-17RBC CapitalMaintainsOutperform$30.00 $32.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-09-11

  • RSI (14): RSI is 62 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 11.0% above the 50-day MA ($29.83).
  • Price vs 200-day MA: Trading 33.7% above the 200-day MA ($24.77).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.03) — short-term momentum is fading.
  • 52-week range: Price is within 5% of the 52-week high ($33.46).

CVE Price Chart

Loading chart for CVE

Fundamentals

Revenue (TTM)$54B
EBITDA$14B
Free cash flow$5.0B
Operating cash flow$12B
Book value / share$13.45
Net Debt / EBITDA0.6
WACC7.0%
Revenue growth42.00%
Earnings growth239.00%

About Cenovus Energy Inc

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments. The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region. It also engages in refining, such as owned and operated Lloydminster upgrading and asphalt refining complex; owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants; fuels business; and refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.