WallStSmart
CVE

Cenovus Energy Inc

NYSE: CVE · ENERGY · OIL & GAS INTEGRATED

$28.27
-0.74% today

Updated 2026-06-12

Market cap
$52.72B
P/E ratio
15.71
P/S ratio
1.08x
EPS (TTM)
$1.80
Dividend yield
2.81%
52W range
$13 – $32
Volume
9.3M

WallStSmart proprietary scores

65
out of 100
Grade: B
Buy
Investment rating
4.7
Growth
C
6.5
Quality
B
6.5
Profitability
B
6.7
Valuation
B
4/9
Piotroski F-Score
Moderate
2.0
Altman Z-Score
Grey zone
Industry rank
View all highly rated stocks (75+) →202 stocks currently score above 75

Price targets

Analyst target
$30.50
+7.89%
12-Month target
$26.95
-4.67%
Intrinsic (DCF)
$21.53
Margin of safety
-31.31%
6 Strong Buy10 Buy1 Hold0 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Free cash flow $1.04B — positive
+ Debt/equity 0.42x — low leverage
Risks
- Revenue declining -7.10% QoQ
- 31.31% above intrinsic value

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM2026 (E)
Revenue$71.77B$55.47B$57.73B$49.66B$48.75B$46.2B
Net income$6.45B$4.11B$3.14B$3.93B$1.57B
EPS$1.80$1.34
Free cash flow$7.64B$3.09B$4.22B$3.41B$1.04B
Profit margin8.99%7.41%5.44%7.91%9.52%

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
CVE$52.72B654.76.56.76.5-31.31%Strong Buy
XOM$619.92B502.75.54.76.5-82.92%Buy
CVX$373.52B512.75.05.76.5Buy
SHEL$238.11B634.75.55.36.0-59.10%Buy
TTE$195.51B725.36.57.05.0Strong Buy
COP$142.38B582.06.56.36.5Buy

Smart narrative

Cenovus Energy Inc trades at $28.27. representing a P/E of 15.71x trailing earnings. Our Smart Value Score of 65/100 indicates the stock is good. 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 $48.75B. with profit margins at 9.52%. Our DCF model estimates intrinsic value at $21.53.

Frequently asked questions

What is Cenovus Energy Inc's stock price?

Cenovus Energy Inc (CVE) trades at $28.27, on a P/E of 15.7x 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 65/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $21.53 against the $28.27 price, so on cash flow terms the market is paying a premium for Cenovus Energy Inc's growth. The 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% above the current $28.27. 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 $21.53, a -31.3% margin of safety versus today's $28.27. 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 $48.75B. 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 ratio1.08x
ROE14.25%
Beta0.51
50D MA$28.12
200D MA$21.26
Shares out1.86B
Float1.56B
Short ratio
Avg volume9.3M

Performance

1 week+0.00%
1 month-8.44%
3 months+21.64%
YTD+66.78%
1 year
3 years
5 years