Oct. 9 at 1:33 PM
$CVE Recent Target Adjustments: In September 2025, several financial institutions adjusted their targets for CVE. JPMorgan Chase & Co. lowered its target to C
$29.00, while National Bankshares and Jefferies Financial Group raised their targets to C
$29.00.
· Strong Earnings Performance: Cenovus has recently reported earnings that significantly exceeded analyst expectations. For the quarter ending June 2025, the company reported earnings per share (EPS) of
$0.45, surpassing the estimate of
$0.19 by 136.84%.
· Major Corporate Development: A key recent news item is that Cenovus increased its offer for MEG Energy Corp. to C
$29.80 per share. Such acquisitions can impact the company's financials and stock price, making it an