CVR Energy Earns Sell Rating from Goldman Sachs

Analysts set $30 price target, citing concerns for the oil and gas company.

Apr. 10, 2026 at 2:12pm

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The Goldman Sachs Group initiated coverage on shares of CVR Energy (NYSE: CVI) on Friday, issuing a 'sell' rating and a $30 price target. The brokerage cited concerns about the oil and gas company's outlook, suggesting potential downside of nearly 1% from its previous closing price.

Why it matters

CVR Energy's stock has been volatile in recent months, with the company facing headwinds from the broader industry challenges. This new 'sell' rating from a prominent Wall Street firm could further pressure the share price and raise questions about the company's long-term prospects.

The details

In their research report, analysts at The Goldman Sachs Group said they see potential downside for CVR Energy's stock, setting a $30 price target. This suggests a decline of nearly 1% from the company's previous closing price. The brokerage cited concerns about the oil and gas company's outlook in initiating coverage with a 'sell' rating.

  • The Goldman Sachs Group's research report was released on Friday, April 10, 2026.

The players

The Goldman Sachs Group

A prominent Wall Street investment bank that initiated coverage on CVR Energy's stock.

CVR Energy

An independent downstream energy company engaged primarily in petroleum refining and nitrogen fertilizer production in the United States.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

This 'sell' rating from Goldman Sachs underscores the challenges facing CVR Energy and the broader oil and gas industry. Investors will be closely watching the company's performance in the coming quarters to see if it can overcome these headwinds and regain investor confidence.