California Resources Corporation (CRC)
NYSE: CRC · Real-Time Price · USD
34.88
-0.11 (-0.31%)
Apr 23, 2025, 4:00 PM EDT - Market closed
California Resources Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for California Resources stock have an average target of 62.64, with a low estimate of 36 and a high estimate of 75. The average target predicts an increase of 79.59% from the current stock price of 34.88.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for California Resources stock from 11 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 '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 9 | 8 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 13 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $55 → $47 | Hold | Maintains | $55 → $47 | +34.75% | Apr 23, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $68 → $60 | Buy | Maintains | $68 → $60 | +72.02% | Apr 11, 2025 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $62 → $36 | Strong Buy → Hold | Downgrades | $62 → $36 | +3.21% | Apr 7, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $68 | Buy | Reiterates | $68 | +94.95% | Mar 27, 2025 |
| Barclays | Barclays | Hold Maintains $57 → $55 | Hold | Maintains | $57 → $55 | +57.68% | Mar 5, 2025 |
Financial Forecast
Revenue This Year
3.38B
from 2.93B
Increased by 15.42%
Revenue Next Year
3.28B
from 3.38B
Decreased by -2.99%
EPS This Year
3.18
from 4.62
Decreased by -31.22%
EPS Next Year
3.30
from 3.18
Increased by 3.87%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.9B | 3.8B | 3.7B |
| Avg | 3.4B | 3.3B | 3.3B |
| Low | 2.9B | 2.7B | 3.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 31.4% | 11.8% | 12.4% |
| Avg | 15.4% | -3.0% | 1.9% |
| Low | 0.1% | -20.9% | -6.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.03 | 4.81 | 5.25 |
| Avg | 3.18 | 3.30 | 3.36 |
| Low | 1.72 | 0.98 | 1.62 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -12.7% | 51.3% | 59.1% |
| Avg | -31.2% | 3.9% | 1.8% |
| Low | -62.7% | -69.2% | -50.9% |
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.