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Stifel Nicolaus Remains a Buy on Civeo (CVEO)

Tipranks - Sat May 3, 2025

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Civeo (CVEOResearch Report), with a price target of $27.00. The company’s shares closed yesterday at $18.68.

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According to TipRanks, Gengaro is an analyst with an average return of -2.3% and a 34.53% success rate. Gengaro covers the Energy sector, focusing on stocks such as Baker Hughes Company, Tetra Technologies, and Cactus.

Currently, the analyst consensus on Civeo is a Moderate Buy with an average price target of $28.00.

Based on Civeo’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $144.04 million and a GAAP net loss of $9.84 million. In comparison, last year the company earned a revenue of $166.12 million and had a GAAP net loss of $5.13 million

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