CVE
Cenovus Energy Inc
NYSE: CVE · ENERGY · OIL & GAS INTEGRATED
$33.11
-0.69% today
Updated 2026-09-11
Market cap
$61.21B
P/E ratio
12.77
P/S ratio
1.14x
EPS (TTM)
$2.60
Dividend yield
2.53%
52W range
$15 – $34
Volume
6.8M
WallStSmart proprietary scores
83
out of 100
Grade: A
Strong Buy
Investment rating
7.3
Growth
B+6.5
Quality
B7.5
Profitability
B+6.7
Valuation
B4/9
Piotroski F-Score
Moderate
2.0
Altman Z-Score
Grey zone
—
Industry rank
—
View all highly rated stocks (75+) →251 stocks currently score above 75
Price targets
Analyst target
$30.50
-7.88%
12-Month target
$26.95
-18.60%
Intrinsic (DCF)
$24.12
Margin of safety
-38.72%
7 Strong Buy10 Buy1 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Free cash flow $4.41B — positive
+ Revenue growth 41.50% QoQ
+ Debt/equity 0.34x — low leverage
Risks
- 38.72% above intrinsic value
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $71.77B | $55.47B | $57.73B | $49.66B | $53.86B | $46.2B |
| Net income | $6.45B | $4.11B | $3.14B | $3.93B | $2.87B | — |
| EPS | — | — | — | — | $2.60 | $1.34 |
| Free cash flow | $7.64B | $3.09B | $4.22B | $3.41B | $4.41B | — |
| Profit margin | 8.99% | 7.41% | 5.44% | 7.91% | 12.40% | — |
Peer comparison
Smart narrative
Cenovus Energy Inc trades at $33.11. representing a P/E of 12.77x trailing earnings. Our Smart Value Score of 83/100 indicates the stock is excellent. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 1.98, it sits in the grey zone. TTM revenue stands at $53.86B. with profit margins at 12.40%. Our DCF model estimates intrinsic value at $24.12.
Frequently asked questions
What is Cenovus Energy Inc's stock price?
Cenovus Energy Inc (CVE) trades at $33.11, on a P/E of 12.8x and a P/S of 1.1x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Cenovus Energy Inc overvalued?
Cenovus Energy Inc carries a Smart Value Score of 83/100 (Grade A), which we rate Strong Buy. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $24.12 against the $33.11 price, so on cash flow terms the market is paying a premium for Cenovus Energy Inc's growth. The Strong Buy rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Cenovus Energy Inc (CVE)?
The 12-month analyst consensus target is $30.50, about 7.9% below the current $33.11. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the intrinsic value of Cenovus Energy Inc (CVE)?
Our DCF model estimates intrinsic value at $24.12, a -38.7% margin of safety versus today's $33.11. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Cenovus Energy Inc's revenue?
Cenovus Energy Inc's trailing twelve-month revenue is $53.86B. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Cenovus Energy Inc's Altman Z-Score is 1.98, which places it in the grey zone. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorENERGY
IndustryOIL & GAS INTEGRATED
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio1.14x
ROE19.48%
Beta0.50
50D MA$29.15
200D MA$24.60
Shares out1.84B
Float1.53B
Short ratio—
Avg volume6.8M
Performance
1 week+2.29%
1 month+6.77%
3 months+22.13%
YTD+95.69%
1 year+96.27%
3 years—
5 years—