Calfrac Well Services Ltd. has seen a modest uptick in its stock price this week amid various company developments.
This week, Calfrac Well Services Ltd. (CFW.TO) experienced a price increase of 2.58%, closing at C$6.36. The company is navigating a period of transition, including recent leadership changes and a newly approved share repurchase plan.
Investor takeaway: Investors should consider the recent performance and ongoing developments at Calfrac while evaluating their position in the stock.
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Calfrac Well Services Ltd.
CFW.TO
CFW.TO
Calfrac Well Services Ltd.
WealthAwesomeMarket cap
$637.99M
P/E
10.9x
52W high
$7.20
52W low
$3.02
1W change
+0.79%
Beta
0.48
Analyst Price Targets
Based on analyst covering CFW
Wall Street analysts forecast CFW stock price to rise 28.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$8.17
+28.4% Upside
Current Price
C$6.36
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CFW's historical volatility
30-Day Vol
45.8%
Annualized
90-Day Vol
52.7%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$7.60
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$6.75 | C$5.76 โ C$7.91 |
| 60 trading days | C$7.16 | C$5.73 โ C$8.96 |
| 90 trading days | C$7.60 | C$5.78 โ C$10.00 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Calfrac's stock up 2.92% on Monday, YTD performance at +53.01%.
Despite recent price increases, Calfrac's stock has seen a decline of 2.76% over the past month, indicating volatility.
Bull case
The approval of a normal course issuer bid suggests confidence in the company's financial health, which could support the stock price.
Bear case
A decline in revenue reported for the first quarter of 2026 may raise concerns about the company's growth trajectory in a competitive energy sector.
Recent Price Action
Calfrac Well Services Ltd. closed at C$6.36 on Monday, marking a 2.92% increase for the day and a total rise of 2.58% over the past week. Year-to-date, the stock has performed well, up 53.01%, indicating a strong recovery from earlier lows.
Company News and Developments
While there were no major announcements this week, recent headlines include the appointment of Scarlett Crockatt as the new Chief Financial Officer, effective April 9, 2026. This leadership transition may influence investor confidence moving forward. Additionally, the company received approval for a normal course issuer bid on May 28, 2026, allowing it to repurchase shares, which could provide a supportive factor for the stock price.
Technical Picture
From a technical perspective, Calfrac's stock is currently trading above its 50-day moving average of C$6.23, indicating potential bullish momentum. The 200-day moving average stands at C$4.98, suggesting a strong upward trend over a longer period. The stock's 52-week range has been between C$3.02 and C$7.20, with the current price sitting at approximately 80% of this range. The beta of 0.48 indicates lower volatility compared to the market, which may appeal to conservative investors.
Insider Activity
No recent insider activity has been reported for Calfrac Well Services Ltd., which may indicate stability in management and shareholder confidence.
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