Civeo (NYSE:CVEO) Price Target Raised to $37.00 at Stifel Nicolaus

Civeo (NYSE:CVEO) had its price target upped by Stifel Nicolaus from $33.00 to $37.00 in a research report released on Wednesday, MarketBeat.com reports. They currently have a buy rating on the business services provider’s stock.

Several other analysts also recently issued reports on CVEO. Weiss Ratings reissued a “sell (d)” rating on shares of Civeo in a research report on Monday, December 29th. Zacks Research raised shares of Civeo from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $37.00.

Civeo Trading Up 7.4%

NYSE:CVEO opened at $29.04 on Wednesday. Civeo has a 12 month low of $18.01 and a 12 month high of $29.68. The stock has a market capitalization of $334.54 million, a price-to-earnings ratio of -18.50 and a beta of 0.57. The firm has a fifty day simple moving average of $25.89 and a two-hundred day simple moving average of $23.65. The company has a current ratio of 1.54, a quick ratio of 1.57 and a debt-to-equity ratio of 1.05.

Civeo (NYSE:CVEO) last announced its quarterly earnings results on Tuesday, March 3rd. The business services provider reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.41) by ($0.15). Civeo had a negative return on equity of 10.20% and a negative net margin of 3.14%.The firm had revenue of $161.62 million during the quarter, compared to the consensus estimate of $170.17 million. Analysts expect that Civeo will post -0.58 EPS for the current fiscal year.

Insider Activity

In related news, major shareholder Engine Capital Management, Lp sold 417,015 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $28.80, for a total transaction of $12,010,032.00. Following the completion of the sale, the insider owned 66,119 shares in the company, valued at approximately $1,904,227.20. This trade represents a 86.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Civeo

Several hedge funds have recently bought and sold shares of CVEO. Goldman Sachs Group Inc. bought a new stake in Civeo in the first quarter valued at approximately $204,000. Empowered Funds LLC boosted its stake in Civeo by 5.5% during the 1st quarter. Empowered Funds LLC now owns 106,318 shares of the business services provider’s stock valued at $2,445,000 after purchasing an additional 5,570 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Civeo by 5.0% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 37,029 shares of the business services provider’s stock worth $855,000 after acquiring an additional 1,759 shares during the period. American Century Companies Inc. increased its position in shares of Civeo by 7.4% during the 2nd quarter. American Century Companies Inc. now owns 470,826 shares of the business services provider’s stock valued at $10,871,000 after purchasing an additional 32,452 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Civeo during the 2nd quarter valued at about $255,000. 81.44% of the stock is currently owned by institutional investors.

Key Stories Impacting Civeo

Here are the key news stories impacting Civeo this week:

• Positive Sentiment: Stifel Nicolaus raised its price target to $37 and reiterated a Buy rating, signaling analyst confidence and giving upside to the stock. Stifel PT Raised to $37
• Positive Sentiment: Management set 2026 revenue guidance of $650M–$700M and said the company is close to completing its share buyback authorization; both items support earnings leverage and shareholder returns. Civeo outlines $650M-$700M revenue target for 2026
• Positive Sentiment: Company highlighted strong performance in Australia (record annual revenues for that segment), which management cites as a growth area driving the revenue target. Civeo Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Stonegate Capital Partners updated coverage and flagged reported Q4 revenue of $161.6M and adjusted EBITDA of $21.7M — useful datapoints but not a major re-rating on their own. Stonegate Updates Coverage
• Neutral Sentiment: Technical note: shares have moved above the 50-day moving average, which can attract momentum flows and explain part of today’s volume increase. Shares Pass Above Fifty Day Moving Average
• Negative Sentiment: Q4 results missed expectations: EPS loss of $0.56 vs. consensus ($0.41) and revenue $161.62M below estimates (~$170M). The company still reported negative margins and ROE, which keeps near-term profitability under pressure. Q4 Earnings and Conference Call
• Negative Sentiment: Some outlets flagged that the company’s guidance sits below some street views, which could limit near-term upside until execution on revenue targets and buybacks is visible. Civeo Misses Q4, Guides Below Views

About Civeo

Civeo Corporation is a leading provider of workforce accommodations and integrated facility management services, primarily serving the oil and gas, mining, and construction sectors. The company specializes in the development, ownership, and operation of remote lodging facilities, commonly known as “man camps,” designed to house workers in geographically challenging environments. Its services include turnkey accommodations, catering, housekeeping, grounds maintenance, and logistical support, tailored to meet the needs of large-scale energy and resource projects.

With a network of lodges and villages across North America and Australia, Civeo caters to clients operating in regions such as Alberta’s oil sands, the Bakken shale play, and Australia’s Pilbara and Bowen Basin mining districts.