Coterra Energy Inc. (CTRA)
NYSE: CTRA · IEX Real-Time Price · USD
26.80
-0.31 (-1.14%)
At close: Jul 19, 2024, 4:00 PM
26.79
-0.01 (-0.04%)
Pre-market: Jul 22, 2024, 5:15 AM EDT
Coterra Energy Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Coterra Energy stock have an average target of 34, with a low estimate of 29 and a high estimate of 41. The average target predicts an increase of 26.87% from the current stock price of 26.80.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 14, 2024.
Analyst Ratings
The average analyst rating for Coterra Energy stock from 16 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 6 | 7 | 7 |
| Buy | 6 | 6 | 8 | 8 | 8 | 8 |
| Hold | 3 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 13 | 15 | 15 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Initiates $34 | Strong Buy | Initiates | $34 | +26.87% | Jun 14, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $30 → $31 | Strong Buy | Maintains | $30 → $31 | +15.67% | May 24, 2024 |
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $27 → $35 | Hold → Strong Buy | Upgrades | $27 → $35 | +30.60% | May 16, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $37 → $39 | Buy | Maintains | $37 → $39 | +45.52% | May 14, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $37 → $41 | Strong Buy | Maintains | $37 → $41 | +52.99% | May 13, 2024 |
Financial Forecast
Revenue This Year
5.89B
from 5.91B
Decreased by -0.41%
Revenue Next Year
7.02B
from 5.89B
Increased by 19.24%
EPS This Year
2.06
from 2.13
Decreased by -3.33%
EPS Next Year
3.07
from 2.06
Increased by 48.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.5B | 8.2B | 8.1B |
| Avg | 5.9B | 7.0B | 7.1B |
| Low | 5.5B | 6.1B | 6.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.6% | 38.7% | 15.8% |
| Avg | -0.4% | 19.2% | 1.0% |
| Low | -7.2% | 3.8% | -8.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.51 | 3.98 | 4.15 | 4.15 | 4.99 |
| Avg | 2.06 | 3.07 | 3.26 | 4.03 | 4.85 |
| Low | 1.71 | 2.37 | 2.36 | 3.87 | 4.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.8% | 93.1% | 35.3% | 27.1% | 23.8% |
| Avg | -3.3% | 48.9% | 6.4% | 23.5% | 20.3% |
| Low | -19.5% | 15.2% | -23.1% | 18.7% | 15.5% |
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.