Cve stock forecast the CVE stock forecast for the next six

The CVE stock forecast for the next six months outlines moderate appreciation potential, supported by high utilization rates in downstream assets and strategic production increases anticipated in Western Canada. After this downgrade, Artemis Gold's five analysts are now forecasting revenues of CA$710m in 2025. This would be a major improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing CA$791m of revenue in 2025. It looks like forecasts have become a fair bit less optimistic on Artemis Gold, given the substantial drop in revenue estimates. Investors will look for updates on operational improvements or cost management during the upcoming earnings call. According to S&P Capital IQ estimates, CVE stock forecast for 2024 shows 9% EPS growth potential, bolstered by disciplined capital allocation and strategic asset divestitures improving balance sheet metrics.