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NYSE: CRC
California Resources Corp Stock Forecast, Predictions & Price Target

Analyst price target for CRC

Based on 5 analysts offering 12 month price targets for California Resources Corp.
Min Forecast
$60.00+25.29%
Avg Forecast
$64.00+33.64%
Max Forecast
$69.00+44.08%

Should I buy or sell CRC stock?

Based on 5 analysts offering ratings for California Resources Corp.
Buy
Strong Buy
2 analysts 40%
Buy
1 analysts 20%
Hold
2 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CRC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-13Find Out Why
lockedlocked$00.00+00.00%2024-04-23Find Out Why
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-03-08
lockedlocked$00.00+00.00%2024-01-05

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Forecast return on equity

Is CRC forecast to generate an efficient return?

Forecast return on assets

Is CRC forecast to generate an efficient return on assets?

CRC revenue forecast

What is CRC's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.2B+44.6%
Avg 2 year Forecast
$4.0B+78.58%
Avg 3 year Forecast
$3.8B+70.64%
CRC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CRC revenue growth forecast

How is CRC forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
29.07%
Industry
6.48%
Market
9.78%
CRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CRC vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CRC$47.89$64.00+33.64%Buy
CRK$11.24$10.10-10.14%Hold
BTE$3.69N/AN/A
STR$23.14$29.40+27.05%Buy
BSM$16.12$18.50+14.76%Buy

California Resources Stock Forecast FAQ

Is California Resources Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NYSE: CRC) stock is to Buy CRC stock.

Out of 5 analysts, 2 (40%) are recommending CRC as a Strong Buy, 1 (20%) are recommending CRC as a Buy, 2 (40%) are recommending CRC as a Hold, 0 (0%) are recommending CRC as a Sell, and 0 (0%) are recommending CRC as a Strong Sell.

If you're new to stock investing, here's how to buy California Resources stock.

What is CRC's revenue growth forecast for 2024-2026?

(NYSE: CRC) California Resources's forecast annual revenue growth rate of 29.07% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 6.48%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.78%.

California Resources's revenue in 2024 is $2,231,000,000.On average, 2 Wall Street analysts forecast CRC's revenue for 2024 to be $221,076,753,607, with the lowest CRC revenue forecast at $219,154,466,238, and the highest CRC revenue forecast at $222,999,040,976. On average, 2 Wall Street analysts forecast CRC's revenue for 2025 to be $273,036,763,708, with the lowest CRC revenue forecast at $270,422,315,824, and the highest CRC revenue forecast at $275,651,211,591.

In 2026, CRC is forecast to generate $260,896,542,408 in revenue, with the lowest revenue forecast at $260,896,542,408 and the highest revenue forecast at $260,896,542,408.

What is CRC's forecast return on assets (ROA) for 2024-2026?

(NYSE: CRC) forecast ROA is N/A, which is lower than the forecast US Oil & Gas E&P industry average of N/A.

What is CRC's Price Target?

According to 5 Wall Street analysts that have issued a 1 year CRC price target, the average CRC price target is $64.00, with the highest CRC stock price forecast at $69.00 and the lowest CRC stock price forecast at $60.00.

On average, Wall Street analysts predict that California Resources's share price could reach $64.00 by May 13, 2025. The average California Resources stock price prediction forecasts a potential upside of 33.64% from the current CRC share price of $47.89.

What is CRC's forecast return on equity (ROE) for 2024-2026?

(NYSE: CRC) forecast ROE is N/A, which is considered weak.
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