Cve stock forecast analysts contributing to CVE stock

Analysts contributing to CVE stock forecast updates highlight resilient hedging strategies against commodity price downside risk, enabling earnings stability even under moderate oil market corrections. Overall, we have mixed feelings about HIVE Digital Technologies. While the company does have a high rate of profit retention, its low rate of return is probably hampering its earnings growth. With that said, we studied the latest analyst forecasts and found that while the company has shrunk its earnings in the past, analysts expect its earnings to grow in the future. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. According to 11 analysts, the average target price for Cenovus Energy Inc. is CAD 28.17 over the next 12 months. CVE stock forecast sentiment on Wall Street remains positively skewed, with 15 of 20 analysts rating the stock “Buy,” citing structural improvements in both upstream and downstream operations.