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Cenovus Energy Inc
TSX:CVE

Watchlist Manager
Cenovus Energy Inc Logo
Cenovus Energy Inc
TSX:CVE
Watchlist
Price: 28.03 CAD -0.5% Market Closed
Updated: May 4, 2024
Section:
 

Wall Street
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 33.7 CAD with a low forecast of 30.3 CAD and a high forecast of 39.9 CAD.

CVE Lowest Forecast
Wall Street Target
30.3 CAD
8% Upside
CVE Average Forecast
Wall Street Target
33.7 CAD
20% Upside
CVE Highest Forecast
Wall Street Target
39.9 CAD
42% Upside
Lowest
Price Target
30.3 CAD
8% Upside
Average
Price Target
33.7 CAD
20% Upside
Highest
Price Target
39.9 CAD
42% Upside
Cenovus Energy Inc Competitors:
Price Targets
NVTK
Novatek PAO
86% Upside
OXY
Occidental Petroleum Corp
15% Upside
ENI
Eni SpA
18% Upside
G
GALP
Galp Energia SGPS SA
4% Upside
NVTK
Novatek PAO
86% Upside
OXY
Occidental Petroleum Corp
15% Upside
ENI
Eni SpA
18% Upside
G
GALP
Galp Energia SGPS SA
4% Upside
T
TPZ
Topaz Energy Corp
26% Upside
XOM
Exxon Mobil Corp
17% Upside
YPF
YPF SA
67% Downside
PETR4
Petroleo Brasileiro SA Petrobras
5% Upside

Revenue
Forecast

Revenue Estimate
Cenovus Energy Inc

For the last 8 years the compound annual growth rate for Cenovus Energy Inc's revenue is 21%. The projected CAGR for the next 3 years is -4%.

21%
Past Growth
-4%
Estimated Growth
Estimates Accuracy
-4%
Average Miss
What are analyst estimates?

Operating Income
Forecast

Operating Income Estimate
Cenovus Energy Inc

The compound annual growth rate of Cenovus Energy Inc's operating income for the next 3 years is -6%.

N/A
Past Growth
-6%
Estimated Growth
Estimates Accuracy
-12%
Average Miss
What are analyst estimates?

Net Income
Forecast

Net Income Estimate
Cenovus Energy Inc

For the last 8 years the compound annual growth rate for Cenovus Energy Inc's net income is 27%. The projected CAGR for the next 3 years is 19%.

27%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-13%
Average Miss
What are analyst estimates?

See Also

Summary
CVE intrinsic value, competitors valuation, and company profile.
DCF Valuation
CVE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CVE stock valuation using valuation multiples.
Wall Street Estimates
CVE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CVE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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
33.7 CAD

According to Wall Street analysts, the average 1-year price target for CVE is 33.7 CAD with a low forecast of 30.3 CAD and a high forecast of 39.9 CAD.

What is Cenovus Energy Inc's Revenue forecast?
Projected CAGR
-4%

For the last 8 years the compound annual growth rate for Cenovus Energy Inc's revenue is 21%. The projected CAGR for the next 3 years is -4%.

What is Cenovus Energy Inc's Operating Income forecast?
Projected CAGR
-6%

The compound annual growth rate of Cenovus Energy Inc's operating income for the next 3 years is -6%.

What is Cenovus Energy Inc's Net Income forecast?
Projected CAGR
19%

For the last 8 years the compound annual growth rate for Cenovus Energy Inc's net income is 27%. The projected CAGR for the next 3 years is 19%.

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