Crescent Energy Company (CRGY)
NYSE: CRGY · IEX Real-Time Price · USD
10.75
-0.02 (-0.19%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Crescent Energy Company Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for CRGY stock have an average target of 16.29, with a low estimate of 13 and a high estimate of 20. The average target predicts an increase of 51.53% from the current stock price of 10.75.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CRGY stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 2 | 2 | 2 | 2 |
| Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 8 | 8 | 8 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +86.05% | Apr 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $23 → $19 | Strong Buy | Maintains | $23 → $19 | +76.74% | Apr 5, 2024 |
| Mizuho | Mizuho | Hold Reiterates $14 → $13 | Hold | Reiterates | $14 → $13 | +20.93% | Mar 22, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $17 | Buy | Reiterates | $17 | +58.14% | Mar 5, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +39.53% | Jan 24, 2024 |
Financial Forecast
Revenue This Year
2.45B
from 2.38B
Increased by 2.62%
Revenue Next Year
2.53B
from 2.45B
Increased by 3.60%
EPS This Year
1.08
from 1.02
Increased by 6.00%
EPS Next Year
1.43
from 1.08
Increased by 32.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.6B | 2.9B | 2.9B | 2.4B | 2.4B |
| Avg | 2.4B | 2.5B | 2.5B | 2.3B | 2.3B |
| Low | 2.2B | 2.2B | 2.1B | 2.2B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2% | 20.2% | 14.2% | -4.6% | 3.2% |
| Avg | 2.6% | 3.6% | -0.8% | -7.3% | 0.3% |
| Low | -5.8% | -9.4% | -15.9% | -11.0% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.86 | 2.74 | 0.78 |
| Avg | 1.08 | 1.43 | 0.75 |
| Low | 0.64 | 0.87 | 0.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 82.2% | 153.5% | -45.6% |
| Avg | 6.0% | 32.1% | -47.1% |
| Low | -37.5% | -19.3% | -49.2% |
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.