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Why Calfrac Well Services Ltd. stock went up yesterday

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:CFW.TO

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Calfrac Well Services Ltd. achieved a notable gain in yesterday's trading session, reflecting positive investor sentiment.

In yesterday's trading session, Calfrac Well Services Ltd. saw its stock price increase by 4.83%, closing at CA$6.29. This upward movement highlights the company's resilience in a competitive market.

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Calfrac Well Services Ltd.

CFW.TO

Full stock page →

CFW.TO

Calfrac Well Services Ltd.

Source:WealthAwesomeWealthAwesome
↑ $1.05 (18.29%)
120 day period
$5.18$6.23$7.29Apr 15Jul 10Oct 5

Market cap

$685.40M

P/E

9.7x

52W high

$7.35

52W low

$3.02

1W change

+0.44%

Beta

0.59

Analyst Price Targets

Based on analyst covering CFW · as of Sep 24, 2026

📈

Wall Street analysts forecast CFW stock price to rise 38.1% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$9.38

+38.1% Upside

Previously C$18.34 on Sep 23, 2026

Current Price

C$6.79

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CFW's historical volatility

HistoricalForecast68%95%
C$5.78C$6.82C$7.85C$8.89C$9.93C$10.97TodayMay 28Jul 31Oct 5Nov 17Dec 31Feb 12

30-Day Vol

22.7%

Annualized

90-Day Vol

42.1%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$8.12

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$7.21C$6.66 – C$7.79
60 trading daysC$7.65C$6.85 – C$8.54
90 trading daysC$8.12C$7.09 – C$9.30

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: Investors may view Calfrac's recent performance as a sign of potential growth, especially given its low P/E ratio of 10.84, suggesting it could be undervalued relative to its earnings.

Calfrac's Stock Climbs 4.83% in One Day

With a market cap of CA$602.83 million and a profit margin of 3.29%, Calfrac's financial health remains a critical factor for investors.

Bull case

The rise in stock price could show that investors are gaining confidence in Calfrac's ability to operate effectively and maintain its position in the market, especially as the energy sector starts to recover.

Bear case

Even with this positive movement, investors should stay cautious. Changes in oil prices and overall market conditions could still affect future performance.

Market Performance Overview

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Calfrac's stock performance yesterday was a bright spot in the TSX, gaining 4.83%. This increase comes amidst fluctuating energy prices, suggesting that investor confidence may be returning to the sector.

Financial Metrics and Valuation

With a P/E ratio of 10.84, Calfrac Well Services Ltd. is positioned attractively compared to its peers. This valuation metric, combined with a modest profit margin of 3.29%, indicates that the company may have room for growth, appealing to value-focused investors.

Looking Ahead

As Calfrac Well Services Ltd. continues to navigate the complexities of the energy market, investors will be watching closely for any developments that could impact its stock performance. The company's recent gains may signal a turning point, but vigilance is necessary given the volatile nature of the industry.


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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 4, 2026
Last Updated: August 4, 2026

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