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Cenovus Energy Inc. is projected to rise to $33.12 by 2027, a +20% move from its current price of $27.66. CVE is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean strong buy.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 7/29/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Jul 31 | $27.12 | $27.68 | $28.25 | +0.07% |
| Aug 1 | $26.91 | $27.70 | $28.50 | +0.13% |
| Aug 2 | $26.76 | $27.72 | $28.71 | +0.20% |
| Aug 3 | $26.63 | $27.73 | $28.88 | +0.27% |
| Aug 4 | $26.52 | $27.75 | $29.04 | +0.33% |
| Aug 5 | $26.42 | $27.77 | $29.19 | +0.40% |
| Aug 6 | $26.33 | $27.79 | $29.32 | +0.46% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $26.33 | $27.79 | $29.32 | +0.46% |
| Week 2 | $25.87 | $27.92 | $30.12 | +0.93% |
| Week 3 | $25.55 | $28.05 | $30.78 | +1.40% |
| Week 4 | $25.30 | $28.18 | $31.38 | +1.87% |
| Week 5 | $25.10 | $28.31 | $31.93 | +2.34% |
| Week 6 | $24.93 | $28.44 | $32.44 | +2.82% |
| Week 7 | $24.78 | $28.57 | $32.94 | +3.30% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Cenovus Energy Inc. is a Canadian energy company that develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada, the United States, and China. It operates through Upstream and Downstream segments and is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; has assets rich in NGLs and natural gas in Alberta and British Columbia; and offshore operations, exploration, and development activities in the East Coast of Canada and the Asia Pacific region.
It also engages in refining, such as owned and operated Lloydminster upgrading and asphalt refining complex; owns and operates the Bruderheim crude-by-rail terminal and two ethanol plants; fuels business; and refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.
Cenovus Energy Inc. (CVE) trades at current price of $27.95 with a market cap of $52.12B, and it holds a ranking position of 290. The stock’s latest technical picture shows a 30-day price range of $24.43 to $31.97, supporting a constructive near-term outlook.
A major floor 20.4% below — a decisive break under it would weaken the trend.
The nearest floor, 11.9% below — buyers have tended to step in here.
The nearest ceiling, 7.4% above — a clean break opens room to run.
A major ceiling 18.3% above — clearing it would confirm fresh momentum.
Key CVE support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of CVE market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $28.96 | Sell | $28.66 | Sell |
| MA 10 | $28.31 | Sell | $28.24 | Sell |
| MA 20 | $26.91 | Buy | $27.61 | Buy |
| MA 50 | $27.65 | Buy | $27.20 | Buy |
| MA 100 | $26.88 | Buy | $26.08 | Buy |
| MA 200 | $22.63 | Buy | $23.57 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 54.22 | Neutral |
| Stoch RSI (14) | 28.93 | Neutral |
| CCI (20) | 51.12 | Neutral |
| Williams %R (14) | -44.92 | Info |
| MACD (12,26,9) | 0.30 | Buy |
| ROC (12) | 7.93 | Buy |
| Bollinger %B (20,2) | 0.67 | Neutral |
| Stochastic %K (14) | 55.08 | Neutral |
| TRIX (15) | 0.13 | Buy |
| Awesome (5,34) | 2.21 | Buy |
| Ultimate (7,14,28) | 60.93 | Neutral |
| Momentum (10) | 0.43 | Buy |
| Aroon Osc (25) | 52.00 | Buy |
| Hull MA (9) | 29.42 | Sell |
| ADX (14) | 21.23 | Buy |
| ATR (14) | 0.55 | Info |
The sentiment is BULLISH, with RSI14 at 60. The stock trades above the SMA50 of $27.68 and above the SMA200 of $22.28. Near-term support is at $24.36 and resistance at $29.79. The 30-day range is $24.43–$31.97, reflecting a moderate trading band." The asset also shows an annualized volatility of 40%, indicating substantial price movement potential over time.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $15.85 | $27.66 | $36.74 | 0% | Neutral | |
| $27.02 | $33.12 | $42.51 | +20% | Neutral | |
| $29.99 | $37.52 | $49.57 | +36% | Bullish | |
| $36.66 | $46.63 | $63.03 | +69% | Bullish | |
| $43.31 | $55.90 | $77.03 | +102% | Bullish | |
| $48.78 | $63.81 | $89.42 | +131% | Bullish | |
| $53.45 | $70.78 | $100.69 | +156% | Bullish | |
| $57.45 | $76.96 | $111.00 | +178% | Bullish | |
| $61.02 | $82.63 | $120.70 | +199% | Bullish | |
| $64.39 | $88.09 | $130.20 | +218% | Bullish | |
| $101.02 | $144.75 | $224.86 | +423% | Bullish | |
| $216.30 | $334.81 | $559.78 | +11.1x | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| July 2026 | $15.85 | $27.66 | $32.34 | +0.00% |
| August 2026 | $24.15 | $28.21 | $33.61 | +1.99% |
| September 2026 | $25.01 | $29.38 | $35.35 | +4.15% |
| October 2026 | $25.26 | $29.83 | $36.17 | +1.51% |
| November 2026 | $24.92 | $29.55 | $36.06 | -0.93% |
| December 2026 | $25.15 | $29.92 | $36.74 | +1.27% |
Click any year to see its month-by-month CVE forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
By 2026, CVE could reach as high as $36.74, with a base case around $27.66 and support toward $15.85 — roughly 0% from $27.66. A consolidation phase looks the most probable path here.
Expect CVE to range from $27.02 to $42.51 through 2027. The $33.12 average target implies a +20% move from current prices. That is up +20% on the projected 2026 average. Price action looks broadly range-bound.
The CVE price prediction for 2028 points to an average of $37.52 (low $29.99, high $49.57) — a potential gain of +36% on today's $27.66. Buyers look set to stay in control over this stretch.
In 2029, CVE is projected to trade between $36.66 and $63.03, averaging $46.63 — a potential gain of +69% from today's $27.66. That is up +24% on the projected 2028 average. Momentum favours further upside here.
Cenovus Energy Inc.'s 2030 outlook centres on $55.90, within a $43.31 to $77.03 range. That is up +20% on the projected 2029 average. That marks a +102% change versus current levels. Buyers look set to stay in control over this stretch.
By 2031, CVE could reach as high as $89.42, with a base case around $63.81 and support toward $48.78 — roughly +131% from $27.66. Momentum favours further upside here.
Expect CVE to range from $53.45 to $100.69 through 2032. The $70.78 average target implies a +156% move from current prices. That is up +11% on the projected 2031 average. Buyers look set to stay in control over this stretch.
The CVE price prediction for 2033 points to an average of $76.96 (low $57.45, high $111.00) — a potential gain of +178% on today's $27.66. Momentum favours further upside here.
In 2034, CVE is projected to trade between $61.02 and $120.70, averaging $82.63 — a potential gain of +199% from today's $27.66. That is up +7% on the projected 2033 average. Buyers look set to stay in control over this stretch.
Cenovus Energy Inc.'s 2035 outlook centres on $88.09, within a $64.39 to $130.20 range. That is up +7% on the projected 2034 average. That marks a +218% change versus current levels. Momentum favours further upside here.
By 2040, CVE could reach as high as $224.86, with a base case around $144.75 and support toward $101.02 — roughly +423% from $27.66. Buyers look set to stay in control over this stretch.
Expect CVE to range from $216.30 to $559.78 through 2050. The $334.81 average target implies a +11.1x move from current prices. That is up +131% on the projected 2040 average. Momentum favours further upside here.
Investing $1,000 in CVE today (≈ 36.15329 CVE) could be worth
$12,104.63
+$11,104.63 (+1110%) by 2050 · US Dollar
Based on the average projected CVE price of $334.81 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in CVEwould be worth at today's price.
$1,000 invested in CVE on Jul 28, 2025 (≈ 66.577894 CVE) would be worth
$1,841.54
+$841.54 (+84.2%) today · 1.84× · US Dollar
Based on a CVE entry price of $15.02 vs. today's $27.66.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $28.26 | $978.77 | -2.1% |
| 1 month ago | $24.81 | $1,114.87 | +11.5% |
| 3 months ago | $27.42 | $1,008.75 | +0.9% |
| 6 months ago | $19.81 | $1,396.26 | +39.6% |
| 1 year ago | $15.02 | $1,841.54 | +84.2% |
| All time (5.0y) ago | $8.15 | $3,393.87 | +239.4% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our CVE forecast.
Our base-case forecast reaches $55.00 around 2030.
Implied market cap at $55.00: $102.57B
The multi-year forecast points to a sustained bullish trajectory, with the 2026 average price at $27.95, a min of $15.85 and a max of $37.57, and a neutral sentiment for that year. From 2027 onward, the forecast becomes more bullish: 2027 average $33.60, 2028 $38.18, 2029 $48.23, and 2030 $56.92 (ROI 103.7%), all with bullish sentiment. In the following years, the averages continue higher: 2031 $65.04, 2032 $73.42, 2033 $78.39, 2034 $84.30, 2035 $91.72, with 2040 average $149.58 (ROI 435.2%) and 2050 average $347.83 (ROI 1144.5%), both bullish.
The forecast also lists higher potential highs: 2030 max $78.53, 2040 max $232.67, 2050 max $582.39, and corresponding minimums of $44.05, $104.26, and $224.34, respectively. These figures illustrate significant upside potential over the long term, though they are estimates and not guarantees, and carry inherent uncertainty and volatility.
Tap a question to reveal the answer.
The forecast for 2030 shows an average price of $56.92 with a max of $78.53 and a min of $44.05, corresponding to a ROI of 103.7% and bullish sentiment.
The 2027–2050 forecasts show bullish sentiment in most years, with average prices rising from $33.60 (2027) to $347.83 (2050) and ROIs of 20.2% (2027), 435.2% (2040), and 1144.5% (2050). The 2026 view is neutral.
Yes—the forecast's max values exceed $100 in later years: max $232.67 in 2040 and max $582.39 in 2050.
The current price is $27.95 and the market cap is $52.12B, with a rank of 290.
The 30-day range is $24.43 to $31.97.
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