California Resources Corporation (CRC)
NYSE: CRC · Real-Time Price · USD
62.04
-0.22 (-0.35%)
May 22, 2026, 4:00 PM EDT - Market closed
California Resources Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, California Resources stock has a consensus rating of "Strong Buy" and an average price target of $81.27. The average 1-year stock price forecast is 31.00% higher than the current stock price, while the lowest is $72 (+16.05%) and the highest is $88 (+41.84%).
Price Target: $81.27 (+31.00%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for California Resources stock 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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 3 |
| Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Hold | 2 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 8 | 8 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $74 → $78 | Hold → Strong Buy | Upgrades | $74 → $78 | +25.73% | May 20, 2026 |
| UBS | UBS | Strong Buy Maintains $82 → $78 | Strong Buy | Maintains | $82 → $78 | +25.73% | May 11, 2026 |
| UBS | UBS | Strong Buy Maintains $81 → $82 | Strong Buy | Maintains | $81 → $82 | +32.17% | Apr 13, 2026 |
| Citigroup | Citigroup | Hold Maintains $67 → $74 | Hold | Maintains | $67 → $74 | +19.28% | Mar 30, 2026 |
| Citigroup | Citigroup | Hold Maintains $51 → $67 | Hold | Maintains | $51 → $67 | +7.99% | Mar 18, 2026 |
Financial Forecast
Revenue This Year
3.76B
from 3.40B
Increased by 10.52%
Revenue Next Year
3.87B
from 3.76B
Increased by 2.79%
EPS This Year
5.51
from 4.15
Increased by 32.68%
EPS Next Year
4.43
from 5.51
Decreased by -19.56%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.7B | 4.4B | |
| Avg | 3.8B | 3.9B | |
| Low | 2.8B | 3.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 39.0% | 16.2% | |
| Avg | 10.5% | 2.8% | |
| Low | -16.4% | -8.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 7.30 | 7.39 | ||
| Avg | 5.51 | 4.43 | ||
| Low | 4.31 | 2.91 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 75.8% | 34.2% | ||
| Avg | 32.7% | -19.6% | ||
| Low | 3.9% | -47.2% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.