Civitas Resources, Inc. (CIVI)

Civitas Resources Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Civitas Resources stock have an average target of 76.33, with a low estimate of 60 and a high estimate of 90. The average target predicts an increase of 78.22% from the current stock price of 42.83.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$60	$76.33	$78	$90
Change	+40.09%	+78.22%	+82.12%	+110.13%

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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	5	5	5	4	4	3
Buy	5	5	5	5	5	6
Hold	0	0	0	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Lear Piper Sandler	Piper Sandler	Buy Maintains $73 → $70	Buy	Maintains	$73 → $70	+63.44%	Dec 20, 2024
Scott Hanold RBC Capital	RBC Capital	Buy Reiterates $70	Buy	Reiterates	$70	+63.44%	Dec 19, 2024
Mark Lear Piper Sandler	Piper Sandler	Buy Maintains $83 → $73	Buy	Maintains	$83 → $73	+70.44%	Dec 17, 2024
William Janela Mizuho	Mizuho	Buy Maintains $84 → $78	Buy	Maintains	$84 → $78	+82.12%	Dec 16, 2024
Zach Parham JP Morgan	JP Morgan	Buy Maintains $66 → $68	Buy	Maintains	$66 → $68	+58.77%	Dec 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.32B

Increased by 52.79%

from 3.48B

Revenue Next Year

5.36B

Increased by 0.73%

from 5.32B

EPS This Year

8.89

Decreased by -1.45%

from 9.02

EPS Next Year

9.33

Increased by 4.97%

from 8.89

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	313.22M	218.09M	930.61M	3.79B	3.48B	5.32B	5.36B	5.50B
Revenue Growth	13.22%	-30.37%	326.71%	307.41%	-8.23%	52.79%	0.73%	2.76%
EPS	3.24	4.95	4.74	14.58	9.02	8.89	9.33	10.95
EPS Growth	-60.29%	52.78%	-4.24%	207.59%	-38.13%	-1.45%	4.97%	17.37%
Forward PE	-	-	-	-	-	4.82	4.59	3.91
No. Analysts	-	-	-	-	-	17	17	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	5.6B	5.8B	6.1B
Avg	5.3B	5.4B	5.5B
Low	5.1B	4.9B	4.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	59.9%	9.6%	13.4%
Avg	52.8%	0.7%	2.8%
Low	45.4%	-8.7%	-9.6%

EPS Forecast

EPS	2024	2025	2026	2027
High	9.46	12.98	18.44
Avg	8.89	9.33	10.95
Low	8.30	6.39	7.34

EPS Growth

EPS Growth	2024	2025	2026	2027
High	4.9%	46.0%	97.6%
Avg	-1.4%	5.0%	17.4%
Low	-8.0%	-28.1%	-21.3%

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.