CRC Analyst Estimates: Price Targets, Revenue, Net Income, and EBIT Forecast - California Resources Corp - Alpha Spread

California Resources Corp
NYSE:CRC

Watchlist Manager
California Resources Corp Logo
California Resources Corp
NYSE:CRC
Watchlist
Price: 48.14 USD -2.29% Market Closed
Market Cap: 4.3B 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 63.53 USD with a low forecast of 55.55 USD and a high forecast of 68.25 USD.

Lowest
Price Target
55.55 USD
15% Upside
Average
Price Target
63.53 USD
32% Upside
Highest
Price Target
68.25 USD
42% Upside

CRC Last Price Targets
California Resources Corp

The latest public price target was made on Jun 12, 2024 by Scott Hanold from RBC Capital , who expects CRC stock to rise by 35% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Scott Hanold
RBC Capital
65 USD
Upside 35%
2 months ago
Jun 12, 2024
RBC Capital Reiterates Outperform Rating on California Resources (CRC)
StreetInsider
Nate Pendleton
Stifel Nicolaus
69 USD
Upside 43%
4 months ago
Apr 23, 2024
California Resources price target raised to $69 from $68 at Stifel
TheFly
Nitin Kumar
Mizuho Securities
63 USD
Upside 31%
5 months ago
Mar 22, 2024
California Resources (CRC) PT Lowered to $63 at Mizuho
StreetInsider
Roth MKM Ratings
Roth Capital
56 USD
Upside 16%
11 months 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 25%
1 year ago
Jul 14, 2023
California Resources' New Projects Under Carbon Management Business To Be The Key Focus Of 2Q: Analyst
Benzinga
Scott Hanold
RBC Capital
Price Target 65 USD
Upside/Downside 35%
View Source
Nate Pendleton
Stifel Nicolaus
Price Target 69 USD
Upside/Downside 43%
View Source
Nitin Kumar
Mizuho Securities
Price Target 63 USD
Upside/Downside 31%
View Source
Roth MKM Ratings
Roth Capital
Price Target 56 USD
Upside/Downside 16%
View Source
Nitin Kumar
Mizuho Securities
Price Target 60 USD
Upside/Downside 25%
View Source
California Resources Corp Competitors:
Price Targets
ENRG
Energi Mega Persada Tbk PT
17% Upside
NSE
New Stratus Energy Inc
284% Upside
GKP
Gulf Keystone Petroleum Ltd
75% Upside
VLE
Valeura Energy Inc
128% Upside
CHRD
Chord Energy Corp
55% Upside
CR
Crew Energy Inc
8% Upside
TXO
TXO Energy Partners LP
57% Upside
AR
Antero Resources Corp
48% 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 3 years is 1%.

2%
Past Growth
1%
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 3 years is -13%.

N/A
Past Growth
-13%
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 3 years is -3%.

N/A
Past Growth
-3%
Estimated Growth
Estimates Accuracy
17%
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
63.53 USD

According to Wall Street analysts, the average 1-year price target for CRC is 63.53 USD with a low forecast of 55.55 USD and a high forecast of 68.25 USD.

What is California Resources Corp's Revenue forecast?
Projected CAGR
1%

For the last 8 years the compound annual growth rate for California Resources Corp's revenue is 2%. The projected CAGR for the next 3 years is 1%.

What is California Resources Corp's Operating Income forecast?
Projected CAGR
-13%

The compound annual growth rate of California Resources Corp's operating income for the next 3 years is -13%.

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

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

Back to Top