California Resources Corp (CRC) Stock Forecast & Price Target
California Resources Corp · NYSE
$55.58+1.36 (+2.51%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering California Resources Corp, 8 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $66.00 to $87.00, so the covering firms are broadly aligned. The average target of $73.88 sits 33% above the current $55.58. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.87 next quarter toward $4.28 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Strong Buy
Strong Buy00%
Buy8100%
Hold00%
Sell00%
Strong Sell00%
Based on 8 analysts giving stock ratings to California Resources Corp.
As of Sep, 7 of 7 firms rate CRC a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CRC EPS & revenue forecast
EPS · NEXT QUARTER
$0.87
Range $0.61 – $1.31 · 8 analysts · +85% YoY
Next period, 8 analysts expect California Resources Corp to earn $0.87 a share (range $0.61 – $1.31), versus $0.47 a year earlier. Full-year consensus is $3.83, growing to $4.28 the year after.
REVENUE · NEXT QUARTER
$954.4M
Range $902.3M – $995.2M · 8 analysts · +3% YoY
Revenue is expected to reach $954.4M (range $902.3M – $995.2M), +3.3% year-over-year. Full-year consensus is $3.6B, rising to $3.7B next year.
Top analysts covering California Resources Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CRC.
#1
Scott Gruber
Citigroup · Rank #16
Buy
$70.00+25.9% to target
Overall win rate
59%
+ Follow
#2
Nitin Kumar
Mizuho · Rank #164
Buy
$87.00+56.5% to target
Overall win rate
46%
+ Follow
#3
Josh Silverstein
UBS
Buy
$67.00+20.5% to target
Coverage
—
+ Follow
#4
BJ
Betty Jiang
Barclays
Buy
$74.00+33.1% to target
Coverage
—
+ Follow
#5
Sam Margolin
Wells Fargo
Buy
$76.00+36.7% to target
Coverage
—
+ Follow
CRC stock forecast FAQ
What is CRC's average 12-month price target?+
The 8 analysts with a live target average $73.88 for California Resources Corp over the next 12 months, ranging from a $87.00 high to a $66.00 low.
Is CRC stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 8 analyst ratings, 8 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CRC?+
The Street-high target is $87.00 (Mizuho), and the Street-low is $66.00 (JP Morgan). The average of all 8 active targets is $73.88.
How many Wall Street analysts cover CRC?+
8 analysts have an active rating on California Resources Corp, and 8 firms carry a live 12-month price target.
Who is the most accurate analyst covering CRC?+
Among analysts who currently cover CRC, Scott Gruber of Citigroup has the strongest overall Quantellect track record (Rank #16). Their current call is Buy with a $70.00 target.
What is California Resources Corp's projected EPS for next quarter?+
The consensus estimate is $0.87 per share (range $0.61 – $1.31) across 8 analysts. Full-year EPS is projected at $3.83, rising to $4.28 the following year.
How much revenue is California Resources Corp expected to report next quarter?+
Consensus revenue is $954.4M (range $902.3M – $995.2M). Full-year revenue is projected at $3.6B, growing to $3.7B next year.
Have analysts been upgrading or downgrading CRC lately?+
As of Sep, 7 of 7 firms rate CRC a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CRC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
