Crescent Energy Company (CRGY)
NYSE: CRGY · IEX Real-Time Price · USD
12.05
-0.09 (-0.74%)
At close: Jul 19, 2024, 4:00 PM
12.02
-0.03 (-0.25%)
Pre-market: Jul 22, 2024, 7:01 AM EDT
Crescent Energy Company Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for CRGY stock have an average target of 16.5, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 36.93% from the current stock price of 12.05.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CRGY stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 4 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 18, 2024 |
| Keybanc | Keybanc | Buy Initiates $16 | Buy | Initiates | $16 | +32.78% | Jun 27, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $19 → $20 | Strong Buy | Maintains | $19 → $20 | +65.98% | May 23, 2024 |
| Mizuho | Mizuho | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +16.18% | May 13, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +65.98% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
2.97B
from 2.38B
Increased by 24.53%
Revenue Next Year
3.94B
from 2.97B
Increased by 32.76%
EPS This Year
1.97
from 1.02
Increased by 92.75%
EPS Next Year
2.67
from 1.97
Increased by 36.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2B | 4.2B | 4.4B |
| Avg | 3.0B | 3.9B | 3.9B |
| Low | 2.8B | 3.6B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.7% | 42.4% | 11.6% |
| Avg | 24.5% | 32.8% | -0.9% |
| Low | 16.7% | 21.1% | -13.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.33 | 3.18 | 2.74 |
| Avg | 1.97 | 2.67 | 2.13 |
| Low | 1.73 | 2.02 | 1.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 128.5% | 61.8% | 2.5% |
| Avg | 92.8% | 36.1% | -20.5% |
| Low | 70.1% | 2.7% | -42.8% |
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.