Civitas Resources, Inc. (CIVI)
NYSE: CIVI · Real-Time Price · USD
49.48
+1.17 (2.42%)
Nov 4, 2024, 4:00 PM EST - Market closed
Civitas Resources Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Civitas Resources stock have an average target of 82.22, with a low estimate of 60 and a high estimate of 98. The average target predicts an increase of 66.17% from the current stock price of 49.48.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CIVI stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Initiates $60 | Hold | Initiates | $60 | +21.26% | Oct 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $94 → $84 | Buy | Maintains | $94 → $84 | +69.77% | Oct 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $101 → $81 | Strong Buy | Maintains | $101 → $81 | +63.70% | Sep 30, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $67 | Buy | Initiates | $67 | +35.41% | Sep 18, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $85 → $84 | Buy | Maintains | $85 → $84 | +69.77% | Sep 11, 2024 |
Financial Forecast
Revenue This Year
5.40B
from 3.48B
Increased by 55.32%
Revenue Next Year
5.48B
from 5.40B
Increased by 1.42%
EPS This Year
9.13
from 9.02
Increased by 1.23%
EPS Next Year
9.17
from 9.13
Increased by 0.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.9B | 6.1B | 6.1B |
| Avg | 5.4B | 5.5B | 5.5B |
| Low | 5.1B | 4.9B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 69.1% | 13.0% | 10.6% |
| Avg | 55.3% | 1.4% | 0.9% |
| Low | 46.3% | -10.0% | -11.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.09 | 12.17 | 16.38 | |
| Avg | 9.13 | 9.17 | 10.71 | |
| Low | 7.84 | 6.17 | 7.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.9% | 33.3% | 78.7% | |
| Avg | 1.2% | 0.4% | 16.9% | |
| Low | -13.1% | -32.4% | -18.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.