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NYSE: CPE
Callon Petroleum Co Stock Forecast, Predictions & Price Target

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Analyst price target for CPE

Based on 6 analysts offering 12 month price targets for Callon Petroleum Co.
Min Forecast
$45.00+26.69%
Avg Forecast
$66.33+86.75%
Max Forecast
$94.00+164.64%

Should I buy or sell CPE stock?

Based on 7 analysts offering ratings for Callon Petroleum Co.
Buy
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
5 analysts 71.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CPE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 33%
68
HoldUpgrades$57.00+60.47%2022-12-05
Morgan Stanley
Top 1%
100
HoldMaintains$60.00+68.92%2022-10-19
KeyBanc
Bottom 41%
41
HoldInitiates Coverage OnN/AN/A2022-09-20
Citigroup
Bottom 18%
18
HoldMaintains$45.00+26.69%2022-09-09
RBC Capital
Top 4%
97
BuyMaintains$72.00+102.70%2022-08-10
Truist Securities
Top 1%
100
Strong BuyMaintains$94.00+164.64%2022-07-13
Wells Fargo
Top 1%
100
HoldMaintains$70.00+97.07%2022-07-11
Anonymous
Morgan Stanley
HoldMaintains$77.00+116.78%2021-12-13

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Forecast return on equity

Is CPE forecast to generate an efficient return?
Company
33.36%
Industry
48.02%
Market
50.96%
CPE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CPE forecast to generate an efficient return on assets?
Company
15.36%
Industry
18.1%
CPE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CPE earnings per share forecast

What is CPE's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$15.05-28.13%
Avg 2 year Forecast
$17.20-17.86%
Avg 3 year Forecast
$15.21-27.36%
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CPE revenue forecast

What is CPE's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.8B-14.19%
Avg 2 year Forecast
$2.7B-15.76%
Avg 3 year Forecast
$2.6B-20.35%
CPE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CPE earnings growth forecast

How is CPE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
-12.79%
Industry
0.93%
Market
20.2%
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CPE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CPE revenue growth forecast

How is CPE forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
-8.71%
Industry
-0.74%
Market
6.42%
CPE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CPE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CPE vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CPE$35.52$66.33+86.75%Buy
CRGY$12.18$16.00+31.36%Buy
MNRL$32.83$32.29-1.66%Buy
NOG$31.44$46.78+48.78%Strong Buy
HPK$21.73$45.00+107.13%Strong Buy

Callon Petroleum Co Stock Forecast FAQ

Is Callon Petroleum Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: CPE) stock is to Buy CPE stock.

Out of 7 analysts, 1 (14.29%) are recommending CPE as a Strong Buy, 1 (14.29%) are recommending CPE as a Buy, 5 (71.43%) are recommending CPE as a Hold, 0 (0%) are recommending CPE as a Sell, and 0 (0%) are recommending CPE as a Strong Sell.

If you're new to stock investing, here's how to buy Callon Petroleum Co stock.

What is CPE's earnings growth forecast for 2022-2024?

(NYSE: CPE) Callon Petroleum Co's forecast annual earnings growth rate of -12.79% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 0.93%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.2%.

Callon Petroleum Co's earnings in 2022 is $1,222,700,000.On average, 6 Wall Street analysts forecast CPE's earnings for 2022 to be $927,208,241, with the lowest CPE earnings forecast at $756,552,638, and the highest CPE earnings forecast at $994,361,529. On average, 6 Wall Street analysts forecast CPE's earnings for 2023 to be $1,059,666,561, with the lowest CPE earnings forecast at $940,146,030, and the highest CPE earnings forecast at $1,197,669,648.

In 2024, CPE is forecast to generate $937,065,604 in earnings, with the lowest earnings forecast at $858,206,698 and the highest earnings forecast at $1,035,023,153.

What is CPE's revenue growth forecast for 2022-2024?

(NYSE: CPE) Callon Petroleum Co's forecast annual revenue growth rate of -8.71% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of -0.74%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.42%.

Callon Petroleum Co's revenue in 2022 is $3,218,903,000.On average, 5 Wall Street analysts forecast CPE's revenue for 2022 to be $170,169,758,373, with the lowest CPE revenue forecast at $146,912,911,347, and the highest CPE revenue forecast at $201,336,646,628. On average, 5 Wall Street analysts forecast CPE's revenue for 2023 to be $167,062,039,749, with the lowest CPE revenue forecast at $156,592,842,167, and the highest CPE revenue forecast at $177,494,149,001.

In 2024, CPE is forecast to generate $157,960,920,984 in revenue, with the lowest revenue forecast at $149,508,478,337 and the highest revenue forecast at $171,641,339,506.

What is CPE's forecast return on assets (ROA) for 2022-2024?

(NYSE: CPE) forecast ROA is 15.36%, which is lower than the forecast US Oil & Gas E&P industry average of 18.1%.

What is CPE's Price Target?

According to 6 Wall Street analysts that have issued a 1 year CPE price target, the average CPE price target is $66.33, with the highest CPE stock price forecast at $94.00 and the lowest CPE stock price forecast at $45.00.

On average, Wall Street analysts predict that Callon Petroleum Co's share price could reach $66.33 by Dec 5, 2023. The average Callon Petroleum Co stock price prediction forecasts a potential upside of 86.75% from the current CPE share price of $35.52.

What is CPE's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CPE) Callon Petroleum Co's current Earnings Per Share (EPS) is $20.94. On average, analysts forecast that CPE's EPS will be $15.05 for 2022, with the lowest EPS forecast at $12.28, and the highest EPS forecast at $16.14. On average, analysts forecast that CPE's EPS will be $17.20 for 2023, with the lowest EPS forecast at $15.26, and the highest EPS forecast at $19.44. In 2024, CPE's EPS is forecast to hit $15.21 (min: $13.93, max: $16.80).

What is CPE's forecast return on equity (ROE) for 2022-2024?

(NYSE: CPE) forecast ROE is 33.36%, which is considered strong.
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