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Cenovus Energy Inc. is projected to rise to $37.36 by 2027, a +33% move from its current price of $28.19. CVE is currently trading above its 50-day average (a bullish sign). Technical indicators currently lean sell.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 5/28/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| May 29 | $27.64 | $28.21 | $28.79 | +0.08% |
| May 30 | $27.43 | $28.23 | $29.06 | +0.16% |
| May 31 | $27.28 | $28.26 | $29.27 | +0.24% |
| Jun 1 | $27.15 | $28.28 | $29.45 | +0.31% |
| Jun 2 | $27.04 | $28.30 | $29.62 | +0.39% |
| Jun 3 | $26.94 | $28.32 | $29.77 | +0.47% |
| Jun 4 | $26.86 | $28.35 | $29.92 | +0.55% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $26.86 | $28.35 | $29.92 | +0.55% |
| Week 2 | $26.41 | $28.50 | $30.76 | +1.10% |
| Week 3 | $26.10 | $28.66 | $31.46 | +1.66% |
| Week 4 | $25.87 | $28.82 | $32.10 | +2.22% |
| Week 5 | $25.68 | $28.97 | $32.69 | +2.78% |
| Week 6 | $25.53 | $29.13 | $33.25 | +3.35% |
| Week 7 | $25.40 | $29.29 | $33.79 | +3.92% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Cenovus Energy Inc. is an 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.
The company is involved in the development and production of bitumen and heavy oil; owns and operates pipeline gathering systems and terminals; operation of 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. currently trades at $30.05 per share and has a market capitalization of $56.04B, ranking 292.
The current price sits within a forecast horizon that shows 2026 with an avg of $30.05, a range of $15.85 to $41.52, ROI 0, and sentiment Neutral.
From 2027 onward, the forecast envisions a bullish trajectory with the average price rising to $39.82 in 2027, $49.05 in 2028, $62.82 in 2029, and $75.06 in 2030, with higher targets beyond.
By 2040 the average price is $246.35 and by 2050 it is $573.23, with max prices reaching $378.04 and $943.63 respectively; ROI grows to 719.8% by 2040 and 1807.6% by 2050.
A major floor 37.3% below — a decisive break under it would weaken the trend.
The nearest floor, 13.1% below — buyers have tended to step in here.
The nearest ceiling, 12.8% above — a clean break opens room to run.
A major ceiling 25.8% 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 | $29.60 | Sell | $29.36 | Sell |
| MA 10 | $30.20 | Sell | $29.68 | Sell |
| MA 20 | $29.74 | Sell | $29.29 | Sell |
| MA 50 | $27.39 | Buy | $27.39 | Buy |
| MA 100 | $23.91 | Buy | $24.81 | Buy |
| MA 200 | $20.47 | Buy | $21.80 | Buy |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 45.77 | Neutral |
| Stoch RSI (14) | 0.00 | Buy |
| CCI (20) | -124.06 | Sell |
| Williams %R (14) | -100.00 | Info |
| MACD (12,26,9) | -0.32 | Sell |
| ROC (12) | -0.74 | Sell |
| Bollinger %B (20,2) | 0.11 | Neutral |
| Stochastic %K (14) | 0.00 | Buy |
| TRIX (15) | 0.56 | Buy |
| Awesome (5,34) | 1.44 | Buy |
| Ultimate (7,14,28) | 33.12 | Neutral |
| Momentum (10) | -1.82 | Sell |
| Aroon Osc (25) | 80.00 | Buy |
| Hull MA (9) | 28.79 | Sell |
| ADX (14) | 25.28 | Sell |
| ATR (14) | 0.61 | Info |
The 30-day technical picture shows bullish sentiment.
RSI14 is 60, indicating moderate upside momentum; the price trades above the SMA50 of $27.18 and the SMA200 of $20.34.
Near-term support is at $24.51 and resistance at $31.80, with the 30-day range between $26.47 and $34.11.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $15.85 | $28.19 | $39.28 | 0% | Neutral | |
| $30.35 | $37.36 | $48.23 | +33% | Bullish | |
| $36.84 | $46.24 | $61.38 | +64% | Bullish | |
| $46.62 | $59.48 | $80.72 | +111% | Bullish | |
| $54.99 | $71.18 | $98.42 | +153% | Bullish | |
| $65.72 | $86.19 | $121.16 | +206% | Bullish | |
| $73.91 | $98.12 | $140.00 | +248% | Bullish | |
| $77.28 | $103.76 | $150.07 | +268% | Bullish | |
| $88.02 | $119.46 | $174.96 | +324% | Bullish | |
| $98.62 | $135.23 | $200.37 | +380% | Bullish | |
| $167.63 | $240.71 | $374.74 | +754% | Bullish | |
| $365.13 | $566.40 | $948.77 | +19.1x | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| May 2026 | $15.85 | $28.19 | $33.03 | +0.00% |
| June 2026 | $24.74 | $28.90 | $34.44 | +2.51% |
| July 2026 | $25.76 | $30.28 | $36.45 | +4.78% |
| August 2026 | $26.11 | $30.84 | $37.41 | +1.85% |
| September 2026 | $25.88 | $30.69 | $37.47 | -0.49% |
| October 2026 | $26.26 | $31.25 | $38.38 | +1.83% |
| November 2026 | $26.74 | $31.93 | $39.41 | +2.19% |
| December 2026 | $26.44 | $31.67 | $39.28 | -0.82% |
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 $39.28, with a base case around $28.19 and support toward $15.85 — roughly 0% from $28.19. A consolidation phase looks the most probable path here.
Expect CVE to range from $30.35 to $48.23 through 2027. The $37.36 average target implies a +33% move from current prices. That is up +33% on the projected 2026 average. Momentum favours further upside here.
The CVE price prediction for 2028 points to an average of $46.24 (low $36.84, high $61.38) — a potential gain of +64% on today's $28.19. Buyers look set to stay in control over this stretch.
In 2029, CVE is projected to trade between $46.62 and $80.72, averaging $59.48 — a potential gain of +111% from today's $28.19. That is up +29% on the projected 2028 average. Momentum favours further upside here.
Cenovus Energy Inc.'s 2030 outlook centres on $71.18, within a $54.99 to $98.42 range. That is up +20% on the projected 2029 average. That marks a +153% change versus current levels. Buyers look set to stay in control over this stretch.
By 2031, CVE could reach as high as $121.16, with a base case around $86.19 and support toward $65.72 — roughly +206% from $28.19. Momentum favours further upside here.
Expect CVE to range from $73.91 to $140.00 through 2032. The $98.12 average target implies a +248% move from current prices. That is up +14% 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 $103.76 (low $77.28, high $150.07) — a potential gain of +268% on today's $28.19. Momentum favours further upside here.
In 2034, CVE is projected to trade between $88.02 and $174.96, averaging $119.46 — a potential gain of +324% from today's $28.19. That is up +15% on the projected 2033 average. Buyers look set to stay in control over this stretch.
Cenovus Energy Inc.'s 2035 outlook centres on $135.23, within a $98.62 to $200.37 range. That is up +13% on the projected 2034 average. That marks a +380% change versus current levels. Momentum favours further upside here.
By 2040, CVE could reach as high as $374.74, with a base case around $240.71 and support toward $167.63 — roughly +754% from $28.19. Buyers look set to stay in control over this stretch.
Expect CVE to range from $365.13 to $948.77 through 2050. The $566.40 average target implies a +19.1x move from current prices. That is up +135% on the projected 2040 average. Momentum favours further upside here.
Investing $1,000 in CVE today (≈ 35.473572 CVE) could be worth
$20,092.18
+$19,092.18 (+1909%) by 2050 · US Dollar
Based on the average projected CVE price of $566.4 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 May 27, 2025 (≈ 73.637703 CVE) would be worth
$2,075.85
+$1,075.85 (+107.6%) today · 2.08× · US Dollar
Based on a CVE entry price of $13.58 vs. today's $28.19.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $30.53 | $923.35 | -7.7% |
| 1 month ago | $26.78 | $1,052.65 | +5.3% |
| 3 months ago | $22.07 | $1,277.3 | +27.7% |
| 6 months ago | $17.86 | $1,578.39 | +57.8% |
| 1 year ago | $13.58 | $2,075.85 | +107.6% |
| All time (5.0y) ago | $8.87 | $3,178.13 | +217.8% |
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 $56.00 around 2029.
Implied market cap at $56.00: $104.43B
The multi-year forecast shows a bullish trajectory, with rising averages across the late 2020s and into the 2030s. In 2027 the average price is $39.82 (ROI 32.5, sentiment BULLISH), 2028 is $49.05 (ROI 63.2), 2029 is $62.82 (ROI 109.1), and 2030 is $75.06 (ROI 149.8).
In the longer horizon, 2040 is projected at an average of $246.35 with a max of $378.04 and ROI of 719.8% (sentiment BULLISH), and 2050 at an average of $573.23 with a max of $943.63 and ROI of 1807.6% (sentiment BULLISH).
These projections imply substantial upside over the long term, with rising price targets and high ROI. These figures are estimates and may not reflect actual results.
Tap a question to reveal the answer.
The 2030 forecast shows an average price of $75.06, with a min of $58.39 and a max of $102.86; ROI 149.8%, sentiment BULLISH.
The forecast points to bullish sentiment from 2027 onward, with 2027 avg $39.82 (ROI 32.5) and 2030 avg $75.06 (ROI 149.8), and up to 2050 avg $573.23 (ROI 1807.6). These are estimates, not guarantees.
Yes. The 2030 forecast max is $102.86, which exceeds $100.
Current price is $30.05 and market cap is $56.04B.
Sentiment is BULLISH; RSI14 is 60; SMA50 is $27.18; SMA200 is $20.34; support $24.51; resistance $31.80; 30-day range $26.47-$34.11.
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