What is driving the pre-market move in VRN.TO stock?

The pre-market rise to **C$9.14** is driven by higher sector flows, elevated volume (**7.10M**), and peer comparison attention. Short-term technical strength and the stock moving above the 50-day average boosted trader interest.

How is Veren Inc. valued versus peers for VRN.TO stock?

Veren shows a trailing PE of **19.87** and PB **0.83**, below some Energy peers. EV/EBITDA is **6.69**, which points to cheaper enterprise value relative to earnings versus sector averages.

What are the main risks for VRN.TO stock investors?

Key risks are oil and gas price volatility, capex demands, and a current ratio of **0.57**. Earnings volatility around drilling updates or price swings can produce sharp moves in VRN.TO stock.

Does Meyka AI offer a price forecast for VRN.TO stock?

Yes. Meyka AI's forecast model projects a **C$11.00** one-year target, implying **20.35%** upside from **C$9.14**. Forecasts are model-based and not guarantees; they complement fundamental and technical analysis.

CA Stocks

VRN.TO Veren Inc. (TSX) pre-market up 3.86% 04 Feb 2026: watch C$11.00 target

ByHuzaifa Zahoor February 4, 2026

VRN.TO stock opened pre-market at C$9.14, up 3.86%, with volume of 7,102,799 shares on the TSX. This surge makes Veren Inc. one of the most active names in Canada’s Energy sector this pre-market session. Traders are watching a short-term breakout above the 50-day average of C$8.50, while the stock trades well below its 52-week high of C$12.00. We review what is driving the move, the firm’s valuation, technical setup, and Meyka AI’s grade and forecast for VRN.TO stock.