What drove today’s spike in CFW.TO stock volume?

Today's spike to **3,254,219** shares came as energy names rallied and buyers stepped in above the 50-day average. The surge reflects increased liquidity and short-term momentum rather than a clear fundamental update.

How does Calfrac’s valuation compare to peers for CFW.TO stock?

CFW.TO stock trades at **PE ~20.60** and **PB 0.68**, below sector PE **22.68** and sector PB **2.29**, indicating a cheaper book valuation versus peers but modest earnings performance.

What price outlook should investors expect for CFW.TO stock?

Meyka AI's forecast model projects monthly **C$4.66**, quarterly **C$3.58**, and yearly **C$2.63**. These model figures imply downside versus today's price and are projections, not guarantees.

When is Calfrac’s next earnings report and why it matters for CFW.TO stock?

Calfrac's next earnings announcement is on **12 Mar 2026**. The report matters because earnings can reset guidance, affect liquidity, and confirm whether the volume-driven rally reflects improving fundamentals.

$3.25M volume spikes Calfrac Well Services (CFW.TO TSX) to C$5.15 03 Feb 2026: momentum watch$

CA Stocks

3.25M volume spikes Calfrac Well Services (CFW.TO TSX) to C$5.15 03 Feb 2026: momentum watch

ByHuzaifa Zahoor February 4, 2026

A sharp volume spike drove interest in CFW.TO stock today as Calfrac Well Services Ltd. closed at C$5.15 on the TSX on 03 Feb 2026. Volume reached 3,254,219 shares versus an average of 97,538, a 33.36x surge that pushed price to the session high of C$5.22. The move followed broader energy strength and created a short-term liquidity window. We break down fundamentals, technicals, sector context, and model forecasts to explain whether this volume-driven move can extend or quickly reverse.