VRN.TO Veren Inc. (TSX) up 3.86% intraday 24 Feb 2026: Volume surge tests trend
VRN.TO stock is trading higher intraday on 24 Feb 2026 after a volume spike pushed the price to C$9.14, up 3.86% (+0.34). The TSX-listed Veren Inc. (VRN.TO) saw 7,102,799 shares change hands versus an average of 5,566,824, making it one of the most active names on the Canadian Energy tape. Short-term momentum meets mean reversion tests: the 50-day average is C$8.50 and the 200-day average is C$8.23, both below the current price, suggesting intraday buying interest remains intact.
Intraday mover: VRN.TO stock volume and price action
Veren Inc. (VRN.TO) is one of the most active TSX listings today with 7,102,799 shares traded and relative volume of 1.28. The stock opened at C$8.96, hit a day low of C$8.86, and a day high of C$9.21, settling near C$9.14 during the intraday session. Increased volume on upticks signals buyer conviction but RSI at 100.00 flags an overbought short-term reading.
Technical check: VRN.TO stock short-term indicators
Momentum indicators show a strong intraday trend: MACD histogram turned positive at 0.02 and ADX reads 50.00, indicating trend strength. The 50-day average of C$8.50 and 200-day average of C$8.23 both lie under current price, supporting a short-term bullish bias. Traders should watch the Keltner channel upper band at C$9.48 for resistance and the C$8.18 lower band for a breakdown trigger.
Fundamentals snapshot for VRN.TO stock: valuation and cash flow
Veren Inc. posts an EPS of C$0.46 and a current PE of 19.87 based on the latest quote, while TTM metrics show a PE of 13.30 and PB of 0.83. Key cash metrics: operating cash flow per share C$1.74 and free cash flow per share C$0.47. Enterprise value sits at roughly C$8.64B versus market cap C$5.59B, giving EV/EBITDA of 6.69, in line with Energy peers.
Meyka AI rating and VRN.TO stock valuation analysis
Meyka AI rates VRN.TO with a score out of 100: 73.40 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Valuation signals include a price-to-book of 0.83 and net debt to EBITDA near 2.36, balancing attractive book value with moderate leverage.
Analyst view, price targets and VRN.TO stock forecast
Using the sector median PE of 22.54 and reported EPS C$0.46, a fair-value price target is roughly C$10.40, implying upside of +13.79% from C$9.14. Meyka AI’s forecast model projects a one-year base-case price near C$10.40. Alternate scenarios: conservative target C$8.00 (-12.43%) and bullish target C$12.00 (+31.38%), roughly matching the 52-week high.
Risks, catalysts and trading strategy for VRN.TO stock
Key risks include oil price swings, production interruptions, and capital spending needs—capex per share is C$1.27. Catalysts: stronger oil prices, operational updates, or an earnings beat ahead of the next report in July 2025. For most-active intraday traders, focus on breaks above C$9.48 or failure below C$8.86 with volume confirmation; position traders should weigh the B+ grade and balance versus sector volatility.
Final Thoughts
VRN.TO stock is among the TSX most-active names today, trading at C$9.14 with a 3.86% intraday gain on 7.10M shares. Short-term technicals are bullish but overbought, while fundamentals show attractive book value (PB 0.83) and solid cash flow metrics. Meyka AI’s forecast model projects a one-year base-case price near C$10.40, implying +13.79% upside versus current price; forecasts are model-based projections and not guarantees. For intraday traders, watch volume-confirmed breaks above C$9.48 or below C$8.86. Long-term investors should weigh the B+ Meyka grade against commodity risk and upcoming operational updates. For quick reference, view the live Meyka stock page for VRN.TO and follow sector moves to time entries and exits.
FAQs
What is the current price and intraday change for VRN.TO stock?
Veren Inc. (VRN.TO) is trading at C$9.14 on 24 Feb 2026, up 3.86% or C$0.34 intraday, with volume at 7,102,799 shares versus an average of 5,566,824.
What valuation and price target do analysts and Meyka AI give VRN.TO stock?
Using sector PE 22.54 and EPS C$0.46, a fair-value target is C$10.40 (implied +13.79%). Meyka AI assigns a B+ (73.40) grade and the model’s base-case target is C$10.40; forecasts are projections, not guarantees.
What are the main risks for VRN.TO stock traders?
Primary risks include oil price volatility, production disruptions, and capex needs (capex per share C$1.27). Watch earnings, operational updates, and daily volume for trade signals; manage risk with stops near C$8.86 intraday.
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.