CVE.TO Cenovus Energy (TSX) closes C$26.45 on 27 Jan 2026: most active, outlook
At market close on 27 Jan 2026, CVE.TO stock finished at C$26.45, up 1.81% on volume 7,416,076 shares. The TSX-traded Cenovus Energy Inc. (CVE.TO) reached a day high of C$26.60 and sits near its 52-week high. Traders named Cenovus one of the most active TSX names today as energy sector strength and upbeat short-term forecasts lifted interest. This report breaks price action, valuation, technicals, risks and Meyka AI model projections for investors tracking CVE.TO stock.
Price action and liquidity for CVE.TO stock
Cenovus (CVE.TO) closed at C$26.45, trading between C$25.97 and C$26.60 today with volume 7,416,076 versus average volume 10,964,545. The stock’s 50-day average is C$24.38 and the 200-day average is C$21.63, showing a near-term upward trend. Relative volume of 0.47 suggests active but not extreme intraday participation.
Valuation and fundamentals: CVE.TO stock metrics
Cenovus reports EPS C$1.73 and a trailing PE of 15.29, below the Energy sector average PE 21.27, indicating relative value. Key ratios include price to sales 0.99, price to book 1.67, dividend yield 2.94%, and debt to equity 0.35. Free cash flow yield is 5.65% and interest coverage is strong at 13.87x, supporting the current dividend and capital plan.
Meyka AI grade and model view for CVE.TO stock
Meyka AI rates CVE.TO with a score out of 100: 73.93 | Grade: B+ | Suggestion: BUY. This grade factors in S&P 500 and sector comparison, financial growth, key metrics, forecasts and analyst consensus. The score reflects solid cash flow, modest leverage and sector tailwinds, offset by profit margin pressure and commodity sensitivity.
Technical setup and trading signals for CVE.TO stock
Momentum indicators show RSI 43.18 and MACD histogram slightly negative, suggesting neutral momentum. Bollinger middle band is C$23.38 and ATR is C$0.74, implying moderate volatility. Short-term traders will note ADX 23.97 signals a weakening trend; watch C$25.97 support and C$26.60 resistance for next moves.
Catalysts, sector context and risks for CVE.TO stock
Cenovus sits in the Energy sector, which is up YTD 7.49% and shows cyclical strength driven by oil demand. Near-term catalysts include the earnings release on 12 Feb 2026 and macro oil prices. Key risks are oil price swings, regulatory developments, and capital spending. Short interest and analyst notes have lifted trading volume this week.
News flow and sources on CVE.TO stock
Recent coverage shows active analyst commentary and short interest updates; confirm headlines before trading. See market quote and coverage on MarketWatch and Nasdaq for real-time feeds source and official trade data source.
Final Thoughts
Key takeaways on CVE.TO stock: Cenovus closed C$26.45 on 27 Jan 2026 with steady volume and a trailing PE of 15.29, below sector peers. Meyka AI’s forecast model projects a quarterly target of C$27.50, implying a short-term upside of 3.97% versus the current price, and a monthly projection of C$24.74 (-6.47%). We view the firm as a cash-flow positive energy name with a 2.94% dividend yield, manageable leverage (debt/equity 0.35) and a B+ Meyka grade. Short-term traders should watch support at C$25.97 and resistance at C$26.60. Longer term, sensitivity to oil prices and regulatory shifts remain the largest risks. Meyka AI provides this model-based outlook as informational analysis, not investment advice, and forecasts are projections not guarantees.
FAQs
What is the current price and volume for CVE.TO stock?
CVE.TO stock closed at C$26.45 on 27 Jan 2026 with volume 7,416,076 shares. Day range was C$25.97 to C$26.60 and average volume is 10,964,545 shares, showing active but below-average liquidity today.
What valuation metrics matter for CVE.TO stock?
Key metrics are trailing PE 15.29, EPS C$1.73, price to book 1.67 and free cash flow yield about 5.65%. Debt to equity is 0.35 and interest coverage is strong at 13.87x, supporting dividend and capex plans.
What price targets does Meyka AI provide for CVE.TO stock?
Meyka AI’s forecast model projects a quarterly target of C$27.50 (+3.97%) and a monthly value of C$24.74 (-6.47%). Model-based scenarios: conservative C$24.00 (-9.27%), base C$27.50 (+3.97%), bull C$32.00 (+20.99%).
When is Cenovus next reporting and how could it affect CVE.TO stock?
Cenovus has an earnings announcement scheduled for 12 Feb 2026. Results that beat cash flow or guidance targets could lift CVE.TO stock, while weaker oil realizations or margin compression could push the price lower.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
