Range Resources Corporation (RRC)
NYSE: RRC · Real-Time Price · USD
40.97
-0.10 (-0.24%)
Jan 21, 2025, 4:00 PM EST - Market closed

Range Resources Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Range Resources stock have an average target of 37, with a low estimate of 30 and a high estimate of 47. The average target predicts a decrease of -9.69% from the current stock price of 40.97.

Analyst Consensus: Hold
Target Low Average Median High
Price $30 $37 $36 $47
Change -26.78% -9.69% -12.13% +14.72%

Analyst Ratings

The average analyst rating for RRC stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 211112
Buy 344454
Hold 91011111111
Sell 332222
Strong Sell 011100
Total 171919191919

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Hold
Downgrades
$45
Hold Downgrades $45 +9.84% Jan 17, 2025
Benchmark
Benchmark
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Jan 17, 2025
RBC Capital
RBC Capital
Hold
Reiterates
$40
Hold Reiterates $40 -2.37% Jan 14, 2025
Truist Securities
Truist Securities
Hold
Maintains
$31$35
Hold Maintains $31$35 -14.57% Jan 13, 2025
B of A Securities
B of A Securities
Strong Buy
Upgrades
$34$45
Strong Buy Upgrades $34$45 +9.84% Jan 13, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
2.49B
from 2.55B
Decreased by -2.48%
Revenue Next Year
2.90B
from 2.49B
Increased by 16.51%
EPS This Year
2.15
from 3.57
Decreased by -39.84%
EPS Next Year
2.97
from 2.15
Increased by 38.06%
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
2.60B1.78B3.58B5.34B2.55B2.49B2.90B3.06B
Revenue Growth
-21.98%-31.53%101.04%49.01%-52.14%-2.48%16.51%5.52%
EPS
-6.92-2.951.614.693.572.152.973.31
EPS Growth
---191.38%-23.86%-39.84%38.06%11.50%
Forward PE
-----19.0713.8212.39
No. Analysts -----282820
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.9B 3.5B 3.5B
Avg 2.5B 2.9B 3.1B
Low 2.1B 2.5B 2.7B

Revenue Growth

Revenue Growth 202420252026
High
13.5%
39.5%
21.6%
Avg
-2.5%
16.5%
5.5%
Low
-17.2%
1.1%
-7.0%

EPS Forecast

EPS 202420252026202720282029
High 2.81 4.20 4.64
Avg 2.15 2.97 3.31
Low 1.23 2.29 2.06

EPS Growth

EPS Growth 202420252026202720282029
High
-21.2%
95.5%
56.5%
Avg
-39.8%
38.1%
11.5%
Low
-65.7%
6.8%
-30.6%
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.