Weekly Analysts’ Ratings Updates for Cenovus Energy (CVE)

Several analysts have recently updated their ratings and price targets for Cenovus Energy (NYSE: CVE):

• 10/23/2026 – Cenovus Energy was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
• 10/19/2026 – Cenovus Energy had its “outperform” rating reaffirmed by Scotiabank.
• 10/18/2026 – Cenovus Energy had its “buy” rating reaffirmed by Jefferies Financial Group.
• 10/14/2026 – Cenovus Energy had its “outperform” rating reaffirmed by Raymond James Financial.
• 10/11/2026 – Cenovus Energy was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 10/8/2026 – Cenovus Energy was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/3/2026 – Cenovus Energy was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 9/28/2026 – Cenovus Energy was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/16/2026 – Cenovus Energy had its “outperform” rating reaffirmed by Raymond James Financial.
• 9/13/2026 – Cenovus Energy was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 9/8/2026 – Cenovus Energy was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”.
• 9/5/2026 – Cenovus Energy was downgraded by Wall Street Zen from “strong-buy” to “buy”.

Cenovus Energy Stock Performance

NYSE CVE traded down $2.52 during midday trading on Wednesday, hitting $28.22. The company had a trading volume of 7,893,118 shares, compared to its average volume of 10,026,927. Cenovus Energy Inc has a fifty-two week low of $15.63 and a fifty-two week high of $34.16. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.25. The firm has a fifty day simple moving average of $32.14 and a two-hundred day simple moving average of $27.51. The stock has a market cap of $51.27 billion, a price-to-earnings ratio of 10.86 and a beta of 0.38.

Cenovus Energy (NYSE:CVE) (TSE:CVE) last announced its quarterly earnings results on Wednesday, November 4th. The oil and gas company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.19. Cenovus Energy had a net margin of 12.37% and a return on equity of 21.08%. Equities analysts forecast that Cenovus Energy Inc will post 4.12 earnings per share for the current fiscal year.

Cenovus Energy Inc (NYSE:CVE) is an integrated Canadian energy company engaged in the exploration, development, production, transportation, and marketing of crude oil and natural gas. Its upstream operations include oil sands projects in northern Alberta, as well as conventional oil and natural gas assets in Canada.

The company also operates oil sands upgraders, refineries, and related infrastructure. Through its downstream business, Cenovus produces and markets refined petroleum products, including gasoline, diesel, jet fuel, asphalt, and other products.