CVE
Q3 2026 EPS Estimate
$1.12
Jul 30, 2026 · Reports before open
Revenue Estimate
$11.84B
FY2026E EPS$4.45
FY2027E EPS$3.55

Analyst Sentiment

Wall St. Consensus
Hold
26 analysts·High coverage
60
Score
11 Buy (42%)14 Hold (54%)1 Sell (4%)
Rating Breakdown
Strong Buy
00%
Buy
1142%
Hold
1454%
Sell
14%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$22.00
-15.3%
Consensus
$29.00
+11.6%
Bull
$36.00
+38.6%
12-Month Target Range26 analysts
$22.00$29.00$36.00
Current $25.98Consensus
Current Price
$25.98
Upside to Consensus
$3.02

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev-6.99%
EPS-20.29%
FY2028
Rev+6.76%
EPS+10.15%
FY2029
Rev-11.85%
EPS+13.95%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$56.05B$52.13B$55.66B$49.06B$49.29B
Low$50.22B$44.80B$48.06B$42.36B$42.56B
High$61.25B$60.66B$61.99B$54.64B$54.90B
EBITDA Avg$10.06B$9.36B$9.99B$8.81B$8.85B
Low$9.02B$8.04B$8.63B$7.61B$7.64B
High$11.00B$10.89B$11.13B$9.81B$9.86B
EBIT Avg$5.23B$4.86B$5.19B$4.58B$4.60B
Low$4.69B$4.18B$4.48B$3.95B$3.97B
High$5.72B$5.66B$5.78B$5.10B$5.12B
Net Income Avg$8.06B$6.32B$8.23B$8.11B$8.68B
Low$7.06B$5.29B$3.50B$6.67B$7.14B
High$9.07B$7.35B$8.76B$9.31B$9.97B
EPS Avg$4.45$3.55$3.91$4.46$4.77
Low$3.88$2.91$1.92$3.67$3.93
High$4.98$4.04$4.81$5.11$5.48
Analysts (Rev / EPS)3 / 63 / 61 / 71 / 21 / 5
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028Q2 2028
Revenue Avg$14.99B$14.38B$12.76B$12.91B$13.04B$13.06B$12.80B$12.84B
Low$13.91B$14.03B$12.45B$12.60B$12.72B$12.74B$12.49B$12.53B
High$16.06B$14.73B$13.07B$13.23B$13.35B$13.37B$13.12B$13.16B
EBITDA Avg$2.69B$2.58B$2.29B$2.32B$2.34B$2.34B$2.30B$2.31B
Low$2.50B$2.52B$2.24B$2.26B$2.28B$2.29B$2.24B$2.25B
High$2.88B$2.65B$2.35B$2.37B$2.40B$2.40B$2.36B$2.36B
EBIT Avg$1.40B$1.34B$1.19B$1.20B$1.22B$1.22B$1.19B$1.20B
Low$1.30B$1.31B$1.16B$1.18B$1.19B$1.19B$1.17B$1.17B
High$1.50B$1.37B$1.22B$1.23B$1.25B$1.25B$1.22B$1.23B
Net Income Avg$2.23B$1.81B$1.64B$1.54B$1.68B$1.53B$1.57B$1.58B
Low$2.16B$1.75B$1.58B$1.49B$1.62B$1.49B$1.52B$1.53B
High$2.30B$1.86B$1.69B$1.58B$1.73B$1.58B$1.62B$1.63B
EPS Avg$1.19$0.96$0.87$0.82$0.89$0.82$0.84$0.84
Low$1.15$0.93$0.84$0.79$0.86$0.79$0.81$0.82
High$1.22$0.99$0.90$0.84$0.92$0.84$0.86$0.87
Analysts (Rev / EPS)1 / 21 / 11 / 11 / 11 / 11 / 11 / 11 / 1

Earnings Surprises

Recent Analyst Actions

May 13, 2026Lake Street
Cenovus Energy price target raised to $36 from $32 at Goldman Sachs
Target:$36.00
+20.0%from $30.01
Feb 2, 2026Goldman Sachs
Cenovus Energy price target raised to $22 from $20 at Goldman Sachs
Target:$22.00
+11.6%from $19.72
Jan 2, 2026Goldman Sachs
Cenovus Energy reinstated with a Buy at Goldman Sachs
Target:$20.00
+18.2%from $16.92
Nov 17, 2025BMO Capital
Cenovus Energy resumed with an Outperform at BMO Capital
Target:$29.00
+60.0%from $18.13
Nov 17, 2025RBC Capital
Cenovus Energy price target raised to $32 from $30 at RBC Capital
Target:$32.00
+76.5%from $18.13
Oct 4, 2024BMO Capital
Cenovus Energy price target lowered to $31 from $33 at BMO Capital
Target:$31.00
+73.8%from $17.84
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.