Cenovus Energy Stock Forecast for 2022 - 2025 - 2030

Updated on 12/09/2022

Stock Rating
14
Price Target
C$33.00
Consensus
Outperform
Upside
34.69%
Analysts
3
Stock Rating
14
Upside
34.69%
Analysts
3
Price Target
C$33.00

Cenovus Energy Stock Forecast and Price Target

The average price target for Cenovus Energy's stock of C$33.00 recently provided by three leading analysts would represent a 34.69% upside from its last closing price if reached. This potential increase is based on a high estimate of C$38.00 and a low estimate of C$26.00. Although you may not be interested in CVE stock, you should still be aware of its competitors.

C$33.00

34.69% Upside

Outperform
Outperform

Cenovus Energy Fair Value Forecast for 2022 - 2025 - 2030

In the last three years, Cenovus Energy's Price has grown by 100.00%, rising from C$0.00 to C$9.93. For next year, analysts predict Fair Value of C$24.63, which would mean an increase of 148.13%. Over the next nine years, experts predict that Cenovus Energy's Fair Value will grow at a rate of 407.62%.

2022 Fair Value Forecast
C$24.63
2023 Fair Value Forecast
C$26.94
2024 Fair Value Forecast
C$29.46
2025 Fair Value Forecast
C$32.22
2026 Fair Value Forecast
C$35.23
2027 Fair Value Forecast
C$38.53
2028 Fair Value Forecast
C$42.14
2029 Fair Value Forecast
C$46.08
2030 Fair Value Forecast
C$50.40
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
CVX Stock Forecast Chevron Outperform 3
$173.54 $187.32 10.64%
SHEL Stock Forecast Shell Buy 3
£23.10 £25.64 50.35%
COP Stock Forecast ConocoPhillips Outperform 5
$112.60 $137.85 25.67%
BP. Stock Forecast BP p.l.c. Outperform 5
£4.64 £5.08 42.24%
CNQ Stock Forecast Canadian Natural Resources Outperform 18
C$74.57 C$62.88 23.37%

Cenovus Energy Revenue Forecast for 2022 - 2025 - 2030

In the last three years, Cenovus Energy's Revenue has grown by 122.41%, rising from C$20.84B to C$46.36B. According to the 0 analysts polled, in the next year, Cenovus Energy's Revenue will fall by 5.88%, reaching C$43.63B. By 2030, professionals believe that Cenovus Energy's Revenue will have decreased by 16.74%, falling to C$38.60B.

2022 Rev Forecast
C$43.63B
2023 Rev Forecast
C$41.76B
2024 Rev Forecast
C$33.40B
2025 Rev Forecast
C$37.38B
2026 Rev Forecast
C$39.73B
2027 Rev Forecast
C$40.85B
2028 Rev Forecast
C$38.22B
2029 Rev Forecast
C$38.00B
2030 Rev Forecast
C$38.60B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
MPC Stock Forecast Marathon Petroleum Outperform 6
$108.85 $107.00 23.11%
PSX Stock Forecast Phillips 66 Outperform 7
$100.90 $106.31 18.93%
VLO Stock Forecast Valero Energy Outperform 10
$116.90 $89.35 19.76%

Cenovus Energy Dividend per Share Forecast for 2022 - 2025 - 2030

In the last three years, Cenovus Energy's Dividend per Share has decreased by 55.00%, from C$0.20 to C$0.09. In the next year, analysts believe that Dividend per Share will reach C$0.15 – an increase of 70.64%. For the next nine years, the forecast is for Dividend per Share to grow by 81.29%.

2022 DPS Forecast
C$0.15
2023 DPS Forecast
C$0.24
2024 DPS Forecast
C$0.15
2025 DPS Forecast
C$0.14
2026 DPS Forecast
C$0.16
2027 DPS Forecast
C$0.19
2028 DPS Forecast
C$0.18
2029 DPS Forecast
C$0.16
2030 DPS Forecast
C$0.16
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
MQG Stock Forecast Macquarie Group Outperform 12
$171.16 $176.93 26.48%
DVN Stock Forecast Devon Energy Outperform 5
$63.50 $81.75 25.98%
HES Stock Forecast Hess Outperform 14
$133.44 $135.45 15.41%

Cenovus Energy Free Cash Flow Forecast for 2022 - 2025 - 2030

Cenovus Energy's Free Cash Flow has seen impressive growth In the last three years, rising from C$791.00M to C$3.36B – a growth of 324.27%. In the next year, analysts believe that Free Cash Flow will reach C$6.48B – an increase of 92.96%. For the next nine years, the forecast is for Free Cash Flow to grow by 169.29%.

2022 FCF Forecast
C$6.48B
2023 FCF Forecast
C$12.80B
2024 FCF Forecast
C$3.63B
2025 FCF Forecast
C$5.50B
2026 FCF Forecast
C$8.62B
2027 FCF Forecast
C$13.87B
2028 FCF Forecast
C$8.87B
2029 FCF Forecast
C$8.35B
2030 FCF Forecast
C$9.04B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
SU Stock Forecast Suncor Energy Outperform 13
C$40.62 C$36.74 30.48%
WMB Stock Forecast The Williams Companies Outperform 15
$32.91 $31.91 15.47%
KMI Stock Forecast Kinder Morgan Hold 12
$17.77 $19.82 6.92%

Cenovus Energy Net Income Forecast for 2022 - 2025 - 2030

Cenovus Energy's Net Income has grown In the last three years, rising from C$-2.67B to C$587.00M – a growth of 121.99%. According to 0 prominent analysts, Cenovus Energy's Net Income will fall by 178.24% in the next year, reaching C$-459.25M. By 2030, professionals believe that Cenovus Energy's Net Income will decrease by 189.03%, reaching C$-522.62M – a concerning trend for the company.

2022 NI Forecast
C$-459249233.33
2023 NI Forecast
C$-328761217.84
2024 NI Forecast
C$-68196035.29
2025 NI Forecast
C$-215860910.49
2026 NI Forecast
C$-470116281.60
2027 NI Forecast
C$-876907900.06
2028 NI Forecast
C$-383267212.85
2029 NI Forecast
C$-419460413.32
2030 NI Forecast
C$-522619710.97
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
IMO Stock Forecast Imperial Oil Hold 14
C$70.51 C$43.18 0.69%
1 Stock Forecast CK Hutchison Holdings Buy 18
HK$44.40 HK$74.79 63.51%
1113 Stock Forecast CK Asset Holdings Outperform 18
HK$45.75 HK$58.73 31.15%

Cenovus Energy EBITDA Forecast for 2022 - 2025 - 2030

In the last three years, Cenovus Energy's EBITDA has grown by 205.81%, rising from C$2.65B to C$8.10B. For the next year, analysts predict that EBITDA will reach C$31.54B – an increase of 289.35%. Over the next nine years, experts believe that Cenovus Energy's EBITDA will grow at a rate of 1209.35%.

2022 EBITDA Forecast
C$31.54B
2023 EBITDA Forecast
C$118.54B
2024 EBITDA Forecast
C$22.43B
2025 EBITDA Forecast
C$43.42B
2026 EBITDA Forecast
C$87.81B
2027 EBITDA Forecast
C$184.24B
2028 EBITDA Forecast
C$91.37B
2029 EBITDA Forecast
C$90.99B
2030 EBITDA Forecast
C$106.07B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
TECK.B Stock Forecast Teck Resources Outperform 14
C$50.58 C$35.03 18.62%
PPL Stock Forecast Pembina Pipeline Outperform 17
C$46.69 C$42.50 9.23%
12 Stock Forecast Henderson Land Development Com... Outperform 16
HK$26.00 HK$38.85 47.31%

Cenovus Energy EBIT Forecast for 2022 - 2025 - 2030

In the last three years, Cenovus Energy's EBIT has grown, moving from C$-1.67B to C$4.27B – an increase of 356.12%. In the next year, 0 analysts estimate that Cenovus Energy's EBIT will decrease by 67.37%, reaching C$1.39B. According to professional forecasts, in 2030, Cenovus Energy's EBIT will decrease by 30.79%, reaching C$2.96B.

2022 EBIT Forecast
C$1.39B
2023 EBIT Forecast
C$2.36B
2024 EBIT Forecast
C$2.40B
2025 EBIT Forecast
C$3.71B
2026 EBIT Forecast
C$2.75B
2027 EBIT Forecast
C$2.73B
2028 EBIT Forecast
C$2.74B
2029 EBIT Forecast
C$3.06B
2030 EBIT Forecast
C$2.96B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
APA Stock Forecast APA Outperform 8
$42.77 $54.04 26.26%
1038 Stock Forecast CK Infrastructure Holdings Outperform 18
HK$40.00 HK$54.85 44.00%
OVV Stock Forecast Ovintiv Outperform 14
C$65.67 C$35.18 -14.60%

Cenovus Energy EPS Price Prediction Forecast for 2022 - 2025 - 2030

In the last three years, Cenovus Energy's EPS has grown by 117.86%, rising from C$-2.24 to C$0.40. According to the 0 analysts polled, in the next year, Cenovus Energy's EPS will fall by 405.99%, reaching C$-1.22. By 2030, professionals believe that Cenovus Energy's EPS will have decreased by 191.03%, falling to C$-0.36.

2022 EPS Forecast
C$-1.22
2023 EPS Forecast
C$0.33
2024 EPS Forecast
C$-0.73
2025 EPS Forecast
C$-0.25
2026 EPS Forecast
C$-0.14
2027 EPS Forecast
C$-0.33
2028 EPS Forecast
C$-0.56
2029 EPS Forecast
C$-0.53
2030 EPS Forecast
C$-0.36
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
6 Stock Forecast Power Assets Holdings Outperform 18
HK$41.05 HK$51.73 33.98%
2638 Stock Forecast HK Electric Investments and HK... Outperform 18
HK$5.50 HK$8.47 56.36%
PKI Stock Forecast Parkland Outperform 18
C$29.35 C$50.33 63.54%