California Resources Corp (CRC) Stock Forecast & Price Target
California Resources Corp · NYSE
$49.28-1.55 (-3.05%)
15-min delayed · Jul 28, 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 $75.00 sits 52% above the current $49.28. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 6 to 8 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.46 next quarter toward $3.84 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 Jul, 8 of 8 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
$1.46
Range $0.67 – $2.48 · 10 analysts · +0% YoY
Next period, 10 analysts expect California Resources Corp to earn $1.46 a share (range $0.67 – $2.48), versus $1.46 a year earlier. Full-year consensus is $5.11, growing to $3.84 the year after.
REVENUE · NEXT QUARTER
$957.8M
Range $859.0M – $1.1B · 10 analysts · +12% YoY
Revenue is expected to reach $957.8M (range $859.0M – $1.1B), +12.0% year-over-year. Full-year consensus is $3.4B, rising to $3.6B 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 #13
Buy
$70.00+42.0% to target
Overall win rate
58%
+ Follow
#2
Nitin Kumar
Mizuho · Rank #110
Buy
$87.00+76.5% to target
Overall win rate
47%
+ Follow
#3
Josh Silverstein
UBS
Buy
$70.00+42.0% to target
Coverage
—
+ Follow
#4
BJ
Betty Jiang
Barclays
Buy
$80.00+62.3% to target
Coverage
—
+ Follow
#5
Sam Margolin
Wells Fargo
Buy
$76.00+54.2% 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 $75.00 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 $75.00.
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 #13). 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 $1.46 per share (range $0.67 – $2.48) across 10 analysts. Full-year EPS is projected at $5.11, rising to $3.84 the following year.
How much revenue is California Resources Corp expected to report next quarter?+
Consensus revenue is $957.8M (range $859.0M – $1.1B). Full-year revenue is projected at $3.4B, growing to $3.6B next year.
Have analysts been upgrading or downgrading CRC lately?+
As of Jul, 8 of 8 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.
