California Resources Corporation (CRC)
NYSE: CRC · Real-Time Price · USD
43.83
-0.41 (-0.93%)
Mar 28, 2025, 4:00 PM EDT - Market closed
California Resources Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for California Resources stock have an average target of 66.92, with a low estimate of 55 and a high estimate of 75. The average target predicts an increase of 52.68% from the current stock price of 43.83.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for California Resources stock from 12 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 9 | 9 | 8 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 12 | 13 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $68 | Buy | Reiterates | $68 | +55.14% | Mar 27, 2025 |
| Barclays | Barclays | Hold Maintains $57 → $55 | Hold | Maintains | $57 → $55 | +25.48% | Mar 5, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $70 | Buy | Reiterates | $70 | +59.71% | Jan 14, 2025 |
| Truist Securities | Truist Securities | Strong Buy Initiates $75 | Strong Buy | Initiates | $75 | +71.12% | Jan 13, 2025 |
| JP Morgan | JP Morgan | Hold Initiates $63 | Hold | Initiates | $63 | +43.74% | Dec 20, 2024 |
Financial Forecast
Revenue This Year
3.42B
from 2.93B
Increased by 16.62%
Revenue Next Year
3.41B
from 3.42B
Decreased by -0.26%
EPS This Year
3.63
from 4.62
Decreased by -21.51%
EPS Next Year
3.95
from 3.63
Increased by 8.81%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.9B | 3.8B | 3.6B |
| Avg | 3.4B | 3.4B | 3.5B |
| Low | 3.0B | 2.8B | 3.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 31.4% | 10.6% | 6.1% |
| Avg | 16.6% | -0.3% | 2.0% |
| Low | 1.8% | -17.5% | -1.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.62 | 5.78 | 6.98 | ||
| Avg | 3.63 | 3.95 | 4.48 | ||
| Low | 2.64 | 2.82 | 2.66 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.0% | 59.3% | 77.0% | ||
| Avg | -21.5% | 8.8% | 13.5% | ||
| Low | -42.9% | -22.2% | -32.5% |
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.