Insider buying last 90 days
No open-market insider purchases were filed for CVE in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CVE insider filing, plotted on the chart in Gekko.Open CVE in Gekko
NYSE: CVE
Cenovus Energy (CVE) Stock Analysis & Forecast
$32.62−0.29 (−0.9%)
Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.
Gekko Brief
AI summaryCenovus Energy (CVE) closes at $32.62, down 0.9%, holding above both its 50-day average of $30.60 and 200-day average of $25.29. The GekkoIndex reads 53.9, placing the stock in the Neutral zone, up 4.6 over the past five readings. Price sits just 1.4% below Gekko Fair Value of $33.09, and the stock trades within its 52-week range of $15.63 to $34.16.
Coverage this week centers on shifting institutional positioning and analyst commentary. Engineers Gate Manager LP sold 731,406 shares, cutting its stake to 42,060 shares worth roughly $1.04 million, while Bank of America Corp DE acquired 14.9 million shares valued at $369.7 million, equal to 0.81% of the company; institutional ownership stands at 51.19%. Raymond James Financial raised its price target to C$51.00 from C$46.00, keeping an "outperform" rating, and separate commentary cites a "Moderate Buy" consensus with a $39.00 target. Traders also purchased 22,045 call option contracts, a 437% jump over average daily volume, alongside a mid-week decline tied to broader crude-market inventory and supply-disruption themes.
Cenovus reports next on 30 October, 40 days out and beyond a typical 20-trading-day hold. The consensus analyst target sits at $37.01, implying 13.5% upside. No insider, Congress, or unusual options activity appears within their respective 90-day and 30-day windows aside from the call volume noted above. Seasonally, the next 20 trading days have averaged a 6% gain over five years, rising in three of them, a pattern worth noting given the current setup.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $32.62200-day averageGekko Fair Value $33.09
Key stats
- Market cap
- $60.16B
- P/E ratio
- 12.6
- Forward P/E
- 11.4
- EPS, TTM
- $2.62
- Revenue, TTM
- $53.86B
- Profit margin
- 12.4%
- Dividend yield
- 2.52%
- Beta
- 0.50
- Volume
- 4.47M avg 6.13M
- 1-year return
- +87.0%
- Typical daily move
- ±2.8%
- Typical 20-day move
- ±7.5%
- 50-day average
- $30.60
- 200-day average
- $25.29
- Next earnings
- Oct 30
- Shares outstanding
- 1.84B
Cenovus Energy swing-trade checklist
Cenovus Energy scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed0 headwinds
- Trendsupportive
Above 50 and 200-day
Close $32.62 is above the 50-day ($30.60) and 200-day ($25.29) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
53.9, Neutral
Reading 53.9 is in the Neutral zone.
See the GekkoIndex - Fair valuemixed
1.4% below
Price is within 5% of Gekko Fair Value (1.4% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 40 days
Next report Oct 30, 2026, 40 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+6.0% on average
From this point in the calendar, the next 20 trading days averaged +6% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Cenovus Energy stock chart and price history
Cenovus Energy closed at $32.62 on Sep 18, 2026, +87.0% over the past year, inside a 52-week range of $15.63 to $34.16.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +0.4%
- 3 months
- +29.7%
- 6 months
- +31.1%
- 1 year
- +87.0%
The full CVE chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CVE in Gekko
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About Cenovus Energy
Cenovus Energy works across the full chain of oil and gas, from finding and pulling crude, natural gas liquids and natural gas out of the ground to processing and selling them. It is known for its heavy oil and bitumen operations in northern Alberta and Saskatchewan, running projects such as Foster Creek, Christina Lake, Sunrise and Tucker alongside its Lloydminster thermal and conventional heavy oil business.
The company runs its business through six segments. Oil Sands covers bitumen and heavy oil production, while Conventional holds assets in Alberta and British Columbia along with natural gas processing plants. An Offshore segment handles exploration and development. Canadian Manufacturing runs the Lloydminster upgrading and asphalt complex, the Bruderheim rail terminal and two ethanol plants, turning heavy oil into synthetic crude, diesel, asphalt and related goods. U.S. Manufacturing refines crude into diesel, gasoline, jet fuel, asphalt and other products, and Retail sells its own and third-party petroleum products through retail, commercial, bulk and wholesale outlets. Its activities reach across Canada, the United States and the Asia Pacific region.
Cenovus Energy was founded in 2009 and is headquartered in Calgary, Canada. Its shares trade on the NYSE under the ticker CVE.
- Listed
- NYSE
- Sector
- Energy minerals
- Industry
- Integrated oil
- Website
- cenovus.com
Cenovus Energy GekkoIndex: the smart money zone
Cenovus Energy’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 53.9, in the Neutral zone, up 4.6 points over five sessions.
53.9Neutral
Up 4.6 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 33 | +4.3% | +6.3% | ||
| Accumulation | 179 | +0.4% | +1.9% | ||
| Neutral (current zone) | 406 | +0.8% | +2.7% | ||
| Distribution | 43 | −0.6% | +3.9% | ||
| Selling | 1 | Too few readings yet | |||
Average CVE share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the CVE price, zone by zone.Track CVE in Gekko
Is Cenovus Energy stock overvalued? Gekko Fair Value
Cenovus Energy trades 1.4% below Gekko Fair Value of $33.09, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what Cenovus Energy shares are worth, recalculated every trading day.
$33.09
Gekko Fair Value, Sep 19, 2026
1.4% below fair value · About fair value
Gekko Fair Value on every chart, with the gap to price updating daily.Open CVE in Gekko
Cenovus Energy insider and Congress trading
No open-market insider purchases were filed for Cenovus Energy, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CVE were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CVE, plotted on the chart in Gekko.Open CVE in Gekko
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds CVE.
1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Cenovus Energy earnings: next date and track record
Cenovus Energy reports on Oct 30, 2026 (40 days away), and beat the EPS estimate in 5 of its last 8 reports.
Next earnings report
Oct 30, 2026
40 days away
- EPS estimate
- $0.90
- Revenue estimate
- $11.04B
5 of 8reports beat the EPS estimate
±5.8%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 29, 2026 AI summary
- What they said
- Cenovus delivered its best quarterly financial result ever in Q2 2026, with upstream production averaging 970,000 BOE/day and oil sands production exceeding 786,000 barrels/day, both quarterly records. Christina Lake hit an all-time high of 372,000 barrels/day, supported by Narrows Lake ramping ahead of schedule at 80,000+ barrels/day. The Foster Creek sulfur recovery project was completed on time and on budget, reducing operating costs by $0.50-$0.75/barrel.
- Guidance
- July production is tracking above 1 million BOE/day, a company first. Christina Lake North is expected to reach 150,000 barrels/day by 2028. Optimized turnaround schedules are projected to yield 1.2 million more barrels than budgeted for the year.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 29, 2026 | $1.11 est $1.11 | $14.59B est $11.87B | +9.6% |
| May 6, 2026 | $0.65 est $0.55 | $8.47B est $9.47B | −6.5% |
| Feb 19, 2026 | $0.36 est $0.28 | $9.42B est $8.64B | +1.4% |
| Oct 31, 2025 | $0.55 est $0.34 | $9.46B est $11.04B | +1.7% |
| Jul 31, 2025 | $0.33 est $0.14 | $9.04B est $11.39B | −1.6% |
| May 8, 2025 | $0.32 est $0.29 | $9.97B est $12.60B | +12.6% |
| Feb 20, 2025 | $0.05 est $0.16 | — est $11.08B | −6.7% |
| Oct 31, 2024 | $0.30 est $0.31 | $10.50B est $10.18B | −6.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Cenovus Energy stock forecast and analyst price targets
Analysts’ average 12-month price target for Cenovus Energy is $37.01, +13.5% from the last close.
$37.01consensus 12-month target, +13.5% from the last close
+2.7%average 20-day move after past Neutral readings
+6.0%average move over the next 20 trading days in the last 5 years
±2.8%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Cenovus Energy seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Cenovus Energy averaged +6.0% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +0.3% | 3 of 5 |
| Next 10 trading days | +2.4% | 2 of 5 |
| Next 15 trading days | +7.4% | 3 of 5 |
| Next 20 trading days | +6.0% | 3 of 5 |
| Next 30 trading days | +9.1% | 3 of 5 |
For scale, CVE’s typical 20-trading-day move in either direction is about 7.5%.
Cenovus Energy market cap and key statistics
Cenovus Energy’s market cap is $60.16B, with a P/E ratio of 12.6 and revenue of $53.86B over the last twelve months.
Valuation
- Market cap
- $60.16B
- P/E ratio
- 12.6
- Forward P/E
- 11.4
- EPS, TTM
- $2.62
- Gekko Fair Value
- $33.09
Trading
- Volume
- 4.47M
- Avg volume, 20 days
- 6.13M
- 52-week high
- $34.16
- 52-week low
- $15.63
- Shares outstanding
- 1.84B
Financials
- Revenue, TTM
- $53.86B
- Profit margin
- 12.4%
- Return on equity
- 20.9%
- Quarterly earnings growth, YoY
- +239.1%
Risk and income
- Beta
- 0.50
- Typical daily move
- ±2.8%
- Typical 20-day move
- ±7.5%
- Dividend yield
- 2.52%
Cenovus Energy stock news this week
Coverage of Cenovus Energy this week reads positive: 8 positive, 1 neutral and 1 negative headlines.
- Engineers Gate Manager LP Sells 731,406 Shares of Cenovus Energy Inc $CVEMarketBeat, Sep 19
- Why Did Cenovus Energy (TSX:CVE) Fall 3.599% on 16 September 2026?kalkine.ca, Sep 17
- Cenovus Energy (TSX:CVE) Moves Into ViewKalkine Media, Sep 17
- Cenovus Energy (TSE:CVE) Given New C$51.00 Price Target at Raymond James FinancialMarketBeat, Sep 16
- A Look at Cenovus Energy Inc (CVE) After 4.1% Decline -- GF Value $18.05 vs Price $32.52GuruFocus, Sep 16
- Bank of America Corp DE Buys New Shares in Cenovus Energy Inc $CVEMarketBeat, Sep 16
Cenovus Energy peers
Cenovus Energy’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| XOMExxon Mobil | Neutral | 11.4% above |
| CVXChevron | Neutral | 6.3% above |
| TTETotalEnergies | Neutral | 29.4% below |
| CNQCanadian Natural Resources | Neutral | 21.8% below |
| SUSuncor Energy | Neutral | 21.4% below |
| EOGEOG Resources | Accumulation | 26.5% below |
A peer links to its own page where one exists.
Cenovus Energy stock FAQ
What is Cenovus Energy’s market cap?
Cenovus Energy’s market cap is $60.16B at the Sep 18, 2026 close of $32.62, with 1.84B shares outstanding. The shares trade on a P/E ratio of 12.6.
What is the Cenovus Energy stock forecast?
The consensus analyst 12-month price target for Cenovus Energy is $37.01, +13.5% from the last close. Gekko doesn’t publish price predictions of its own.
Is Cenovus Energy stock overvalued or undervalued?
On Gekko’s estimate Cenovus Energy is about fair value: the Sep 18, 2026 close of $32.62 is 1.4% below Gekko Fair Value of $33.09. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Cenovus Energy report earnings next?
Cenovus Energy is expected to report on Oct 30, 2026 (40 days away). Analysts expect earnings of $0.90 per share on revenue of $11.04B. Cenovus Energy beat the earnings estimate in 5 of its last 8 reports, moving 5.8% on average across the report.
What is Cenovus Energy’s 52-week high and low?
Cenovus Energy’s 52-week high is $34.16 and its 52-week low is $15.63; it closed at $32.62 on Sep 18, 2026, +87.0% over the past year.
Is Cenovus Energy stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 2 as mixed (gekkoindex and fair value). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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