Coterra Energy Inc. (CTRA)
NYSE: CTRA · IEX Real-Time Price · USD
27.75
+0.53 (1.95%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Coterra Energy Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Coterra Energy stock have an average target of 32.6, with a low estimate of 27 and a high estimate of 39. The average target predicts an increase of 17.48% from the current stock price of 27.75.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Coterra Energy stock from 15 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 6 | 6 | 5 | 5 |
| Buy | 4 | 5 | 6 | 6 | 6 | 8 |
| Hold | 8 | 4 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 14 | 15 | 15 | 13 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $35 → $37 | Buy | Maintains | $35 → $37 | +33.33% | Apr 19, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $26 → $29 | Hold | Maintains | $26 → $29 | +4.50% | Apr 17, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $31 → $35 | Buy | Maintains | $31 → $35 | +26.13% | Apr 11, 2024 |
| Barclays | Barclays | Buy Initiates $36 | Buy | Initiates | $36 | +29.73% | Apr 10, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $30 → $27 | Hold | Maintains | $30 → $27 | -2.70% | Apr 5, 2024 |
Financial Forecast
Revenue This Year
5.90B
from 5.91B
Decreased by -0.19%
Revenue Next Year
7.03B
from 5.90B
Increased by 19.06%
EPS This Year
1.89
from 2.13
Decreased by -11.33%
EPS Next Year
2.99
from 1.89
Increased by 58.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.6B | 8.2B | 7.9B |
| Avg | 5.9B | 7.0B | 7.0B |
| Low | 5.3B | 6.1B | 5.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.9% | 38.3% | 12.9% |
| Avg | -0.2% | 19.1% | -1.0% |
| Low | -9.9% | 3.2% | -16.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.58 | 4.22 | 4.20 | 3.41 | 3.62 |
| Avg | 1.89 | 2.99 | 3.04 | 3.32 | 3.52 |
| Low | 1.30 | 2.10 | 2.26 | 3.19 | 3.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.3% | 123.5% | 40.3% | 12.4% | 9.3% |
| Avg | -11.3% | 58.5% | 1.4% | 9.1% | 6.2% |
| Low | -38.8% | 10.9% | -24.4% | 4.9% | 2.0% |
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.