Equites Radar

CVE · Cenovus Energy Inc

Oil & Gas IntegratedCanadaAnalyst view: Strong Buy

$29.72

+2.52% last session

End-of-day data · updated 2026-07-25

Bullish4 bullish · 0 bearish technical signals
Consensus: Buy (1.50 from 2 analysts)
To mean target: +20.7%

Market cap

$55B

Enterprise value

$66B

Trailing P/E

16.5

Forward P/E

12.1

Dividend yield

2.0%

Beta

0.50

Avg volume

8M

Employees

7K

2D change

-1.48%

5D change

3.61%

10D change

7.02%

30D change

18.64%

60D change

1.81%

MTD change

19.51%

YTD change

75.11%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.50
Covering analysts2
Mean price target$35.86
Low price target$32.72
Upside to mean target+20.7%

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

Technical Analysis

RSI (14)69.4
50-day MA$27.62
200-day MA$22.35
Price vs 50-day MA+7.6%
Price vs 200-day MA+33.0%
MACD histogram0.46
Volume vs 3-month avg0.8×
52w low $14.2152w high $31.62

Analyst sentiment over time — CVE

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

Investment Bank Ratings as of 2026-05-19

Latest call per bank · past 12 months

RBC Capital

Outperform

$47.00

+58.1% vs price
▲ raised from $45.00Maintains · 2026-05-19

Goldman Sachs

Buy

$29.00

-2.4% vs price
▲ raised from $22.00Maintains · 2026-03-12

Recent rating actions

DateFirmActionRatingPrice target
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
2025-08-01RBC CapitalMaintainsOutperform$25.00 $26.00

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 2026-07-23

  • RSI (14): RSI is 69 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 7.6% above the 50-day MA ($27.62).
  • Price vs 200-day MA: Trading 33.0% above the 200-day MA ($22.35).
  • 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 positive (+0.46) — short-term momentum is improving.
  • 52-week range: Price sits between the 52-week low ($14.21) and high ($31.62).

CVE Price Chart

Loading chart for CVE

Fundamentals

Revenue (TTM)$49B
EBITDA$11B
Free cash flow$4.0B
Operating cash flow$9.0B
Book value / share$12.33
Net debt / EBITDA1.1
WACC7.0%
Revenue growth-7.00%
Earnings growth78.00%

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.