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Cenovus Energy Inc
TSX:CVE

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Cenovus Energy Inc
TSX:CVE
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Price: 36.11 CAD -1.69% Market Closed
Market Cap: CA$67.5B

Wall St Price Targets

CVE Price Targets Summary
Cenovus Energy Inc

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

According to Wall Street analysts, the average 1-year price target for CVE is 44.04 CAD with a low forecast of 23.4 CAD and a high forecast of 59.85 CAD.

Lowest Forecast
Price Target
23.4 CAD
35% Downside
Average Forecast
Price Target
44.04 CAD
22% Upside
Highest Forecast
Price Target
59.85 CAD
66% Upside
Cenovus Energy Inc Competitors:
Price Targets
HUM
Humana Inc
-17% Downside
CHD
Church & Dwight Co Inc
7% Upside
SWA
Schloss Wachenheim AG
115% Upside
AEO
American Eagle Outfitters Inc
19% Upside
VATN
Valiant Holding AG
3% Upside

Revenue
Forecast

9% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss
9% / Year
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Over the last 14 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 3 years is 6%.

Gross Profit
Forecast

7% / Year
Past Growth
43% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
7% / Year
Past Growth
43% / Year
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss

Over the last 14 years, the compound annual growth rate for Gross Profit has been 7%. The projected CAGR for the next 3 years is 43%.

Operating Income
Forecast

6% / Year
Past Growth
20% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat
6% / Year
Past Growth
20% / Year
Estimated Growth
Estimates Accuracy
4%
Average Beat

Over the last 14 years, the compound annual growth rate for Operating Income has been 6%. The projected CAGR for the next 3 years is 20%.

Pre-Tax Income
Forecast

5% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss
5% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been 5%. The projected CAGR for the next 3 years is 12%.

Net Income
Forecast

7% / Year
Past Growth
-5% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss
7% / Year
Past Growth
-5% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Over the last 14 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 3 years is -5%.

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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for CVE is 44.04 CAD with a low forecast of 23.4 CAD and a high forecast of 59.85 CAD.

What is the Revenue forecast for Cenovus Energy Inc?
Projected CAGR
6%

Over the last 14 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 3 years is 6%.

What is the Gross Profit forecast for Cenovus Energy Inc?
Projected CAGR
43%

Over the last 14 years, the compound annual growth rate for Gross Profit has been 7%. The projected CAGR for the next 3 years is 43%.

What is the Operating Income forecast for Cenovus Energy Inc?
Projected CAGR
20%

Over the last 14 years, the compound annual growth rate for Operating Income has been 6%. The projected CAGR for the next 3 years is 20%.

What is the Pre-Tax Income forecast for Cenovus Energy Inc?
Projected CAGR
12%

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been 5%. The projected CAGR for the next 3 years is 12%.

What is the Net Income forecast for Cenovus Energy Inc?
Projected CAGR
-5%

Over the last 14 years, the compound annual growth rate for Net Income has been 7%. The projected CAGR for the next 3 years is -5%.

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