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NYSE: RRC
Range Resources Corp Stock Forecast, Predictions & Price Target

Analyst price target for RRC

Based on 10 analysts offering 12 month price targets for Range Resources Corp.
Min Forecast
$21.00-32.61%
Avg Forecast
$34.00+9.11%
Max Forecast
$44.00+41.21%

Should I buy or sell RRC stock?

Based on 10 analysts offering ratings for Range Resources Corp.
Hold
Strong Buy
3 analysts 30%
Buy
1 analysts 10%
Hold
4 analysts 40%
Sell
0 analysts 0%
Strong Sell
2 analysts 20%

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RRC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2024-01-26
lockedlocked$00.00+00.00%2024-01-24
lockedlocked$00.00+00.00%2024-01-23
lockedlocked$00.00+00.00%2023-12-14
Citigroup
Top 29%
72
HoldMaintains$33.00+5.91%2023-12-11
JP Morgan
Top 13%
88
Strong SellDowngrades$32.00+2.70%2023-12-06
Mizuho
Top 2%
99
Strong BuyMaintains$44.00+41.21%2023-11-01
Benchmark
Top 7%
94
Strong BuyMaintains$39.00+25.16%2023-10-03
Morgan Stanley
Top 3%
98
Strong SellMaintains$21.00-32.61%2023-10-02

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Forecast return on equity

Is RRC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.62%

Forecast return on assets

Is RRC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

RRC revenue forecast

What is RRC's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$2.8B-18.36%
Avg 2 year Forecast
$3.1B-7.26%
Avg 3 year Forecast
$3.5B+2.68%
RRC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RRC earnings growth forecast

How is RRC forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
38.59%
Industry
26.7%
Market
21.53%
RRC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RRC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RRC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RRC revenue growth forecast

How is RRC forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
1.06%
Industry
5.54%
Market
10%
RRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RRC vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
RRC$31.16$34.00+9.11%Hold
SWN$6.91$7.71+11.58%Buy
AR$25.21$27.83+10.40%Buy
MTDR$60.72$68.60+12.98%Strong Buy
CHRD$159.73$194.14+21.54%Strong Buy

Range Resources Stock Forecast FAQ

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

The consensus among 10 Wall Street analysts covering (NYSE: RRC) stock is to Hold RRC stock.

Out of 10 analysts, 3 (30%) are recommending RRC as a Strong Buy, 1 (10%) are recommending RRC as a Buy, 4 (40%) are recommending RRC as a Hold, 0 (0%) are recommending RRC as a Sell, and 2 (20%) are recommending RRC as a Strong Sell.

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

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

(NYSE: RRC) Range Resources's forecast annual revenue growth rate of 1.06% is not forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 5.54%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10%.

Range Resources's revenue in 2024 is $3,374,418,000.On average, 9 Wall Street analysts forecast RRC's revenue for 2024 to be $667,004,552,887, with the lowest RRC revenue forecast at $584,476,644,394, and the highest RRC revenue forecast at $730,474,745,707. On average, 8 Wall Street analysts forecast RRC's revenue for 2025 to be $757,682,206,139, with the lowest RRC revenue forecast at $698,483,486,791, and the highest RRC revenue forecast at $831,922,845,956.

In 2026, RRC is forecast to generate $838,944,313,515 in revenue, with the lowest revenue forecast at $812,069,041,134 and the highest revenue forecast at $865,819,585,896.

What is RRC's forecast return on assets (ROA) for 2024-2027?

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

What is RRC's Price Target?

According to 10 Wall Street analysts that have issued a 1 year RRC price target, the average RRC price target is $34.00, with the highest RRC stock price forecast at $44.00 and the lowest RRC stock price forecast at $21.00.

On average, Wall Street analysts predict that Range Resources's share price could reach $34.00 by Feb 23, 2025. The average Range Resources stock price prediction forecasts a potential upside of 9.11% from the current RRC share price of $31.16.

What is RRC's forecast return on equity (ROE) for 2024-2027?

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