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Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc
TSX:CVE
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Price: 35.95 CAD 2.66% Market Closed
Market Cap: CA$67.7B

Wall Street
Price Targets

CVE Price Targets Summary
Cenovus Energy Inc

Wall Street analysts forecast CVE stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CVE is 31.95 CAD with a low forecast of 23.4 CAD and a high forecast of 37.8 CAD.

Lowest
Price Target
23.4 CAD
35% Downside
Average
Price Target
31.95 CAD
11% Downside
Highest
Price Target
37.8 CAD
5% Upside
Cenovus Energy Inc Competitors:
Price Targets
AEO
American Eagle Outfitters Inc
61% Upside
CHD
Church & Dwight Co Inc
12% Upside
HUM
Humana Inc
36% Upside

Revenue
Forecast

9% / Year
Past Growth
-3% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss
9% / Year
Past Growth
-3% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss

For the last 14 years the compound annual growth rate for Cenovus Energy Inc's revenue is 9%. The projected CAGR for the next 3 years is -3%.

Operating Income
Forecast

6% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat
6% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
1%
Average Beat

For the last 14 years the compound annual growth rate for Cenovus Energy Inc's operating income is 6%. The projected CAGR for the next 3 years is 4%.

Net Income
Forecast

7% / Year
Past Growth
9% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss
7% / Year
Past Growth
9% / Year
Estimated Growth
Estimates Accuracy
-18%
Average Miss

For the last 14 years the compound annual growth rate for Cenovus Energy Inc's net income is 7%. The projected CAGR for the next 3 years is 9%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CVE's stock price target?
Price Target
31.95 CAD

According to Wall Street analysts, the average 1-year price target for CVE is 31.95 CAD with a low forecast of 23.4 CAD and a high forecast of 37.8 CAD.

What is Cenovus Energy Inc's Revenue forecast?
Projected CAGR
-3%

For the last 14 years the compound annual growth rate for Cenovus Energy Inc's revenue is 9%. The projected CAGR for the next 3 years is -3%.

What is Cenovus Energy Inc's Operating Income forecast?
Projected CAGR
4%

For the last 14 years the compound annual growth rate for Cenovus Energy Inc's operating income is 6%. The projected CAGR for the next 3 years is 4%.

What is Cenovus Energy Inc's Net Income forecast?
Projected CAGR
9%

For the last 14 years the compound annual growth rate for Cenovus Energy Inc's net income is 7%. The projected CAGR for the next 3 years is 9%.

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