CVE·Cenovus Energy Inc
CVE|Analyst Targets
CVE|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $0.84 | - | - |
| Q3'25 | $0.34 | $0.55 | +60.8% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $16.1B | - | - |
| Q3'25 | - | $13.2B | - |
CVE|Monthly Returns
Market Data
CVE Stock Snapshot
- Market cap
- 85.30B
- P/E ratio
- 12.8
- Day range
- $31.18 – $31.70
- News sentiment
- 68/100 · Bullish
- Analyst target
- $37.01 (+16.8%)
- Consensus
- Buy · 23 analysts
The technical read on CVE is balanced, which usually means the market is waiting on a catalyst. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.
Behaviour On Record
What CVE's own history says about today's numbers
- Realized volatility (21d)
- 35.6% 38th pct
- Below its peak
- -7.2%
- vs 200-day average
- +21.1%
- Up days (1y)
- 57%
Cenovus Energy Inc is currently running 35.6% annualised volatility over the last 21 sessions. Measured against CVE's own 13 years of daily returns rather than a market-wide average, that is the 38th percentile — on the quiet side for this stock, against a typical reading of 39.4%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.
CVE is trading -7.2% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -37.6%, and the deepest was -84.9% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.
Price sits +21.1% from its 200-day moving average. Against every other day in its history, that gap ranks at the 83rd percentile — a wider gap than this stock usually carries. Over the past year CVE closed higher on 57% of sessions, and it is currently 1 session into a falling streak.
On October specifically: over 13 years of records, CVE finished the month higher 6 of 13 times, with a median return of -1.4% and an average of -1.0%. Its strongest month historically has been April at +10.5% on average, its weakest December at -2.6%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.
Overnight risk is measurable too: CVE has opened more than 2% away from the prior close in 382 of 3,267 sessions (11.7% of the time), with the largest gaps running +12.3% and -18.3%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.
All figures computed from 3,268 daily closes between 2013-10-07 and 2026-10-05, split-adjusted, recomputed daily. Percentiles are against CVE's own 13-year history, not a peer group or index.
Sector Rotation
Is money rotating into or out of CVE's sector?
Cenovus Energy Inc sits in the Energy sector, currently ranked 5th of 12 GICS sectors by relative-strength rotation score (improving).
- Sector rank
- #5 of 12
- Sector state
- Improving
- Sector rotation score
- 82
Analyst Rating Changes
Are analysts turning bullish or bearish on CVE?
RBC Capital most recently reiterated its rating on Cenovus Energy Inc to Outperform on Jul 30, 2026 with a price target of $51 (from $47). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.
- Latest action
- RBC Capital — Outperform
- 90-day upgrades
- 0
- 90-day downgrades
- 0
- Net rating momentum
- 0
Held by These ETFs
News Sentiment Analysis
Sentiment gathered from recent headlines
Recent News Coverage
Most recent articles, ranked by recency (click to expand).
Technical Analysis
Real-time indicators across multiple timeframes
| Manager | Trend | Shares Held | % of Co. | Position Value | Filed |
|---|---|---|---|---|---|
| Citadel Advisors LLC | • Hold | 3,090,542 | 0.11% | $76.68M | 2026-09-02 |