Civitas Resources, Inc. (CIVI)
NYSE: CIVI · IEX Real-Time Price · USD
73.75
+0.03 (0.04%)
Apr 26, 2024, 1:57 PM EDT - Market open
Civitas Resources Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Civitas Resources stock have an average target of 93.38, with a low estimate of 74 and a high estimate of 103. The average target predicts an increase of 26.62% from the current stock price of 73.75.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CIVI stock from 8 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 5 | 5 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $89 → $94 | Buy | Maintains | $89 → $94 | +27.46% | Apr 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $110 → $103 | Strong Buy | Maintains | $110 → $103 | +39.66% | Apr 5, 2024 |
| Mizuho | Mizuho | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +22.03% | Apr 5, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $86 → $90 | Strong Buy | Maintains | $86 → $90 | +22.03% | Mar 19, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $92 → $103 | Buy | Maintains | $92 → $103 | +39.66% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
5.55B
from 3.48B
Increased by 59.60%
Revenue Next Year
6.00B
from 5.55B
Increased by 8.00%
EPS This Year
12.27
from 9.02
Increased by 36.04%
EPS Next Year
14.10
from 12.27
Increased by 14.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.0B | 7.0B | 6.7B |
| Avg | 5.6B | 6.0B | 6.0B |
| Low | 5.1B | 5.2B | 5.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 71.6% | 25.9% | 11.9% |
| Avg | 59.6% | 8.0% | 0.6% |
| Low | 46.0% | -6.6% | -11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.31 | 22.49 | 15.48 |
| Avg | 12.27 | 14.10 | 12.72 |
| Low | 9.93 | 10.02 | 9.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 80.8% | 83.3% | 9.7% |
| Avg | 36.0% | 14.9% | -9.8% |
| Low | 10.1% | -18.4% | -33.4% |
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.