Forecast & Rating18 analysts currently cover Cenovus Energy, with about 94.4% giving a positive rating — meaning they expect the stock to rise. The average price target is $36.77, about 23.9% upside from the current price of $29.67. Price targets span a fair range, indicating some disagreement among institutions. Historically, about 57.7% of past price targets were eventually met, which adds credibility. For you, this means most professionals who study Cenovus Energy closely still see room for the stock to rise. Data as of Jul 31, 2026; for reference only and not investment advice.
Jul 31, 2026
Price forecast
$36.7724.16%
Forecast & RatingBuy
18analysts
Strong buy55.56%
Buy38.89%
Hold5.56%
Sell0.00%
Strong sell0.00%
Strong buy
10
Buy
7
Hold
1
Sell
0
Strong sell
0
Target price forecast
Forecast baselineAug 2, 2026
Forecast met49.4%
Stock price$29.61
Average forecast price$36.8
Highest forecast price$40
Lowest forecast price$34
Average forecast price
$36.8
Highest forecast price
$40
Lowest forecast price
$34
Analyst ratings
Strong buy
Buy
Hold
Sell
Strong sell
Source: S&P Global
This information is for reference only and is not investment advice.