Comstock Resources, Inc. (CRK)

Comstock Resources Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Comstock Resources stock have an average target of 10.5, with a low estimate of 5.00 and a high estimate of 14. The average target predicts a decrease of -9.40% from the current stock price of 11.59.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.00	$10.5	$10	$14
Change	-56.86%	-9.40%	-13.72%	+20.79%

Analyst Ratings

The average analyst rating for CRK stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	1	1	1	1	1	2
Buy	1	1	1	0	0	0
Hold	2	3	4	4	4	5
Sell	1	1	1	2	2	2
Strong Sell	1	1	1	1	1	1
Total	6	7	8	8	8	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kalei Akamine B of A Securities	B of A Securities	Strong Buy Initiates $14	Strong Buy	Initiates	$14	+20.79%	Oct 28, 2024
Phillip Jungwirth BMO Capital	BMO Capital	Hold Maintains $10 → $11	Hold	Maintains	$10 → $11	-5.09%	Oct 4, 2024
Neal Dingmann Truist Securities	Truist Securities	Hold Maintains $9 → $10	Hold	Maintains	$9 → $10	-13.72%	Sep 30, 2024
Nitin Kumar Mizuho	Mizuho	Sell Maintains $11 → $10	Sell	Maintains	$11 → $10	-13.72%	Sep 16, 2024
Mark Lear Piper Sandler	Piper Sandler	Hold → Sell Downgrades $8 → $5	Hold → Sell	Downgrades	$8 → $5	-56.86%	Aug 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.32B

Decreased by -15.47%

from 1.57B

Revenue Next Year

1.77B

Increased by 34.09%

from 1.32B

EPS This Year

-0.35

from 0.76

EPS Next Year

0.50

from -0.35

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	768.69M	858.20M	1.85B	3.63B	1.57B	1.32B	1.77B	1.97B
Revenue Growth	96.97%	11.64%	115.65%	96.03%	-56.86%	-15.47%	34.09%	10.77%
EPS	0.52	-0.39	-1.12	4.11	0.76	-0.35	0.50	1.01
EPS Growth	-	-	-	-	-81.52%	-	-	103.84%
Forward PE	-	-	-	-	-	-	23.40	11.48
No. Analysts	-	-	-	-	-	15	15	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.5B	2.2B	2.2B
Avg	1.3B	1.8B	2.0B
Low	1.2B	1.4B	1.7B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-5.9%	66.7%	26.7%
Avg	-15.5%	34.1%	10.8%
Low	-24.7%	5.7%	-2.5%

EPS Forecast

EPS	2024	2025	2026
High	-0.17	1.11	1.85
Avg	-0.35	0.50	1.01
Low	-0.44	0.12	0.71

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	273.2%
Avg	-	-	103.8%
Low	-	-	42.5%

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.