CVE Stock Cenovus Energy Inc.
US · NYSELast in our picks 2026-10-20 — not in the current list; analysis below is from that screen
Institutional accumulation and favorable analyst upgrade support Canadian oil-sands value.
Future value: $36.48 (+9.77%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Bank of America increased holdings 111%; consensus Buy.
- ▸Above 50-day MA (+3.97%)
- ▸Above 200-day MA — long-term uptrend
- ▸Near 52-week high (95% of range) — strength
Is CVE a buy right now?
Trend: CVE is trading above the 50-day average (+2.98%), RSI 64 — neutral momentum, with a 3-month return of +19.99%.
Valuation & quality: Cenovus Energy Inc. trades on a trailing P/E of 12.8, forward P/E 9.7, price-to-book 2.51; fundamentals show net margin 12.4%, return on equity 20.9%, revenue growth 41.5% year on year.
Analyst consensus: 2 analysts have a mean 12-month price target of $37.05 (+11.6% vs the last close; range $33.10 – $41.00), consensus rating “strong buy”.
Income: trailing dividend yield 1.89%.
Our screen: STRONG BUY (score 5) — Institutional accumulation and favorable analyst upgrade support Canadian oil-sands value.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +18.90% | +10.20% | -5.70% | -10.00% | +21.70% | +6.50% | -3.30% | +6.80% |
Fundamentals
Analyst price target
Technical signals
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.
Sector: Energy · Industry: Oil & Gas Integrated · Canada · 7,211 employees · Website
Related Energy picks
Browse: all US stocks · Energy picks · today's movers
Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.