California Resources Corp
NYSE:CRC

Watchlist Manager
California Resources Corp Logo
California Resources Corp
NYSE:CRC
Watchlist
Price: 50.56 USD -0.82% Market Closed
Market Cap: 4.6B USD
Have any thoughts about
California Resources Corp?
Write Note

Wall Street
Price Targets

CRC Price Targets Summary
California Resources Corp

Wall Street analysts forecast CRC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CRC is 68.95 USD with a low forecast of 57.57 USD and a high forecast of 77.7 USD.

Lowest
Price Target
57.57 USD
14% Upside
Average
Price Target
68.95 USD
36% Upside
Highest
Price Target
77.7 USD
54% Upside

CRC Last Price Targets
California Resources Corp

The latest public price target was made on Oct 24, 2024 by Michael Schwartz from Jefferies , who expects CRC stock to rise by 27% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Michael Schwartz
Jefferies
64 USD
Upside 27%
1 month ago
Oct 24, 2024
Jefferies Starts California Resources (CRC) at Buy
StreetInsider
Mike Scialla
Stephens
73 USD
Upside 44%
2 months ago
Oct 21, 2024
Stephens Starts California Resources (CRC) at Overweight
StreetInsider
Josh Silverstein
UBS
68 USD
Upside 34%
2 months ago
Oct 16, 2024
UBS Starts California Resources (CRC) at Buy
StreetInsider
Nitin Kumar
Mizuho Securities
64 USD
Upside 27%
3 months ago
Sep 11, 2024
Mizuho Reiterates Outperform Rating on California Resources (CRC)
StreetInsider
Scott Gruber
Citigroup
65 USD
Upside 29%
3 months ago
Sep 5, 2024
California Resources price target raised to $65 from $63 at Citi
TheFly
Kalei Akamine
Bank of America Securities
65 USD
Upside 29%
4 months ago
Aug 21, 2024
California Resources upgraded to Buy from Neutral at BofA
TheFly
Scott Hanold
RBC Capital
65 USD
Upside 29%
6 months ago
Jun 12, 2024
RBC Capital Reiterates Outperform Rating on California Resources (CRC)
StreetInsider
Nate Pendleton
Stifel Nicolaus
69 USD
Upside 36%
7 months ago
Apr 23, 2024
California Resources price target raised to $69 from $68 at Stifel
TheFly
Nitin Kumar
Mizuho Securities
63 USD
Upside 25%
9 months ago
Mar 22, 2024
California Resources (CRC) PT Lowered to $63 at Mizuho
StreetInsider
Roth MKM Ratings
Roth Capital
56 USD
Upside 11%
1 year ago
Sep 25, 2023
This Analyst With 83% Accuracy Rate Sees Over 29% Upside In CrowdStrike Holdings - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Benzinga
Nitin Kumar
Mizuho Securities
60 USD
Upside 19%
1 year ago
Jul 14, 2023
California Resources' New Projects Under Carbon Management Business To Be The Key Focus Of 2Q: Analyst
Benzinga
Show More Price Targets
Show Less Price Targets
Michael Schwartz
Jefferies
Price Target 64 USD
Upside/Downside 27%
View Source
Mike Scialla
Stephens
Price Target 73 USD
Upside/Downside 44%
View Source
Josh Silverstein
UBS
Price Target 68 USD
Upside/Downside 34%
View Source
Nitin Kumar
Mizuho Securities
Price Target 64 USD
Upside/Downside 27%
View Source
Scott Gruber
Citigroup
Price Target 65 USD
Upside/Downside 29%
View Source
Kalei Akamine
Bank of America Securities
Price Target 65 USD
Upside/Downside 29%
View Source
Scott Hanold
RBC Capital
Price Target 65 USD
Upside/Downside 29%
View Source
Nate Pendleton
Stifel Nicolaus
Price Target 69 USD
Upside/Downside 36%
View Source
Nitin Kumar
Mizuho Securities
Price Target 63 USD
Upside/Downside 25%
View Source
Roth MKM Ratings
Roth Capital
Price Target 56 USD
Upside/Downside 11%
View Source
Nitin Kumar
Mizuho Securities
Price Target 60 USD
Upside/Downside 19%
View Source
Show More Price Targets
Show Less Price Targets
California Resources Corp Competitors:
Price Targets
PHAR
Pharos Energy PLC
94% Upside
STR
Sitio Royalties Corp
48% Upside
PHX
PHX Minerals Inc
22% Upside
CNG
CNG Vietnam JSC
2% Downside
VET
Vermilion Energy Inc
46% Upside
EPM
Evolution Petroleum Corp
59% Upside
LNDNF
Lundin Energy AB
14% Upside
CRD
Conrad Asia Energy Ltd
132% Upside

Revenue
Forecast

Revenue Estimate
California Resources Corp

For the last 8 years the compound annual growth rate for California Resources Corp's revenue is 2%. The projected CAGR for the next 4 years is 6%.

2%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
California Resources Corp

The compound annual growth rate of California Resources Corp's operating income for the next 4 years is -3%.

N/A
Past Growth
-3%
Estimated Growth
Estimates Accuracy
-8%
Average Miss

Net Income
Forecast

Net Income Estimate
California Resources Corp

The compound annual growth rate of California Resources Corp's net income for the next 4 years is -6%.

N/A
Past Growth
-6%
Estimated Growth
Estimates Accuracy
14%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CRC's stock price target?
Price Target
68.95 USD

According to Wall Street analysts, the average 1-year price target for CRC is 68.95 USD with a low forecast of 57.57 USD and a high forecast of 77.7 USD.

What is California Resources Corp's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for California Resources Corp's revenue is 2%. The projected CAGR for the next 4 years is 6%.

What is California Resources Corp's Operating Income forecast?
Projected CAGR
-3%

The compound annual growth rate of California Resources Corp's operating income for the next 4 years is -3%.

What is California Resources Corp's Net Income forecast?
Projected CAGR
-6%

The compound annual growth rate of California Resources Corp's net income for the next 4 years is -6%.

Back to Top