Cenovus Energy (CVEN) Stock Forecast & Price Target
CVEN Analyst Ratings
Strong Buy
13Buy1Hold0Sell
Based on 14 analysts giving stock ratings to Cenovus Energy in the past 3 months
CVEN Stock 12 Month Forecast
Average Price Target
MXN 721.26▲(17.11% Upside)Based on 14 Wall Street analysts offering 12 month price targets for Cenovus Energy in the last 3 months. The average price target is MXN 721.26 with a high forecast of MXN 783.74 and a low forecast of MXN 675.64. The average price target represents a 17.11% change from the last price of MXN 615.87.
Past 12 Months12 Month ForecastDec2025Sep2026
HighMXN 783.74
AverageMXN 721.26
LowMXN 675.64
Highest Price TargetHighestMXN 783.74Average Price TargetMXN 721.26Lowest Price TargetLowestMXN 675.64
Detailed List of Analyst Forecasts
Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Patrick O'rourke | ATB Cormark Capital Markets | MXN 662.13→MXN 743.20 | buy | 20.68%Upside | Reiterated | 10/22/26 | ||
 Unknown AnalystNot Ranked | National Bank | MXN 770.23→MXN 783.74 | buy | 27.26%Upside | Reiterated | 10/20/26 | ||
| Unknown AnalystNot Ranked | Desjardins | MXN 702.66→MXN 716.18 | buy | 16.29%Upside | Reiterated | 10/20/26 | ||
| Chris MacCulloch | Scotiabank | MXN 689.15→MXN 756.72 | buy | 22.87%Upside | Reiterated | 10/19/26 | ||
| Lloyd Byrne | Jefferies | MXN 689.15→MXN 729.69 | buy | 18.48%Upside | Reiterated | 10/18/26 | ||
| Randy Ollenberger | BMO Capital | MXN 675.64 | buy | 9.70%Upside | Reiterated | 10/16/26 | ||
| Michael Barth, CFA | Raymond James | MXN 716.18→MXN 689.15 | buy | 11.90%Upside | Reiterated | 10/14/26 | ||
| Menno Hulshof | TD Cowen | MXN 662.13→MXN 675.64 | buy | 9.70%Upside | Assigned | 10/13/26 | ||
| Gregory Pardy | RBC Capital | MXN 689.15→MXN 716.18 | buy | 16.29%Upside | Reiterated | 10/13/26 | ||
| Arun Jayaram | J.P. Morgan | MXN 783.74→MXN 756.72 | buy | 22.87%Upside | Reiterated | 10/08/26 | ||
| Manav Gupta | UBS | ― | hold | ― | Downgraded | 09/02/26 | ||
| Dennis Fong | CIBC | MXN 648.61→MXN 702.66 | buy | 14.09%Upside | Reiterated | 08/27/26 | ||
| Devin McDermott | Morgan Stanley | MXN 581.05→MXN 675.64 | buy | 9.70%Upside | Reiterated | 08/19/26 | ||
| Neil Mehta | Goldman Sachs | MXN 755.29 | buy | 22.64%Upside | Reiterated | 08/19/26 | ||
| Unknown AnalystNot Ranked | Gerdes Energy Research | ― | hold | ― | Downgraded | 03/20/26 |
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Patrick O'rourke | 10/22/26 | MXN 662.13→MXN 743.20 | buy | 20.68%Upside | Reiterated | ATB Cormark Capital Markets | ||
| Unknown AnalystNot Ranked | 10/20/26 | MXN 770.23→MXN 783.74 | buy | 27.26%Upside | Reiterated | National Bank | ||
| Unknown AnalystNot Ranked | 10/20/26 | MXN 702.66→MXN 716.18 | buy | 16.29%Upside | Reiterated | Desjardins | ||
| Chris MacCulloch | 10/19/26 | MXN 689.15→MXN 756.72 | buy | 22.87%Upside | Reiterated | Scotiabank | ||
| Lloyd Byrne | 10/18/26 | MXN 689.15→MXN 729.69 | buy | 18.48%Upside | Reiterated | Jefferies | ||
| Randy Ollenberger | 10/16/26 | MXN 675.64 | buy | 9.70%Upside | Reiterated | BMO Capital | ||
| Michael Barth, CFA | 10/14/26 | MXN 716.18→MXN 689.15 | buy | 11.90%Upside | Reiterated | Raymond James | ||
| Menno Hulshof | 10/13/26 | MXN 662.13→MXN 675.64 | buy | 9.70%Upside | Assigned | TD Cowen | ||
| Gregory Pardy | 10/13/26 | MXN 689.15→MXN 716.18 | buy | 16.29%Upside | Reiterated | RBC Capital | ||
| Arun Jayaram | 10/08/26 | MXN 783.74→MXN 756.72 | buy | 22.87%Upside | Reiterated | J.P. Morgan | ||
| Manav Gupta | 09/02/26 | ― | hold | ― | Downgraded | UBS | ||
| Dennis Fong | 08/27/26 | MXN 648.61→MXN 702.66 | buy | 14.09%Upside | Reiterated | CIBC | ||
| Devin McDermott | 08/19/26 | MXN 581.05→MXN 675.64 | buy | 9.70%Upside | Reiterated | Morgan Stanley | ||
| Neil Mehta | 08/19/26 | MXN 755.29 | buy | 22.64%Upside | Reiterated | Goldman Sachs | ||
| Unknown AnalystNot Ranked | 03/20/26 | ― | hold | ― | Downgraded | Gerdes Energy Research |
Stocks with the Highest Top Analyst Consensus in the Energy Sector
Best Analysts Covering Cenovus Energy
3 Months
Success Rate19/30 ratings generated profit
63%
Average Return
+7.13%
Copying Lloyd Byrne's trades and holding each position for 3 Months would result in 63.33% of your transactions generating a profit, with an average return of +7.13% per trade.
1 Year
Success Rate23/30 ratings generated profit
77%
Average Return
+34.67%
Copying Lloyd Byrne's trades and holding each position for 1 Year would result in 76.67% of your transactions generating a profit, with an average return of +34.67% per trade.
2 Years
Success Rate30/30 ratings generated profit
100%
Average Return
+64.82%
Copying Lloyd Byrne's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +64.82% per trade.
CVEN Analyst Recommendation Trends
| Rating | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 |
| Buy | 16 | 23 | 18 | 19 | 25 |
| Hold | 1 | 1 | 2 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| total | 18 | 24 | 20 | 22 | 27 |
In the current month, CVEN has received 25 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. CVEN average Analyst price target in the past 3 months is 721.26.
CVEN Financial Forecast
HighMXN 24.06
ConsensusMXN 21.46
LowMXN 17.61
CVEN Earnings Forecast
Next quarter’s earnings estimate for CVEN is MXN 21.46 with a range of MXN 17.61 to MXN 24.06. The previous quarter’s EPS was MXN 20.57. Its overall industry beat the EPS estimate 53.80% of the time in the past 12 months.
HighMXN 251B
ConsensusMXN 227B
LowMXN 210B
CVEN Sales Forecast
Next quarter’s sales forecast for CVEN is MXN 226.79B with a range of MXN 210.43B to MXN 250.92B. The previous quarter’s sales results were MXN 234.27B. Its overall industry beat sales estimates 63.41% of the time in the past 12 months.
CVEN Stock Forecast FAQ
What is MX:CVEN’s average 12-month price target, according to analysts?
Based on analyst ratings, Cenovus Energy’s 12-month average price target is Mex$721.26.
What is MX:CVEN’s upside potential, based on the analysts’ average price target?
Cenovus Energy has 17.11% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Cenovus Energy a Buy, Sell or Hold?
Cenovus Energy has a consensus rating of Strong Buy, which is based on 13 buy ratings, 1 hold ratings and 0 sell ratings.
What is Cenovus Energy’s share price target?
The average share price target for Cenovus Energy is Mex$721.26. This is based on 14 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst share price target is Mex$783.74, and the lowest forecast is Mex$675.64. The average share price target represents a 17.11% increase from the current price of Mex$615.87.
What do analysts say about Cenovus Energy?
Cenovus Energy’s analyst rating consensus is a Strong Buy. This is based on the ratings of 14 Wall Street analysts.
How can I buy shares of Cenovus Energy?
To buy shares of MX:CVEN, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.