Range Resources Corporation (RRC)
NYSE: RRC · IEX Real-Time Price · USD
33.47
-0.59 (-1.73%)
Jun 21, 2024, 4:00 PM EDT - Market closed

Range Resources Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Range Resources stock have an average target of 36.94, with a low estimate of 28 and a high estimate of 45. The average target predicts an increase of 10.37% from the current stock price of 33.47.

Analyst Consensus: Hold
Target Low Average Median High
Price $28 $36.94 $37 $45
Change -16.34% +10.37% +10.55% +34.45%
* Price targets were last updated on May 13, 2024.

Analyst Ratings

The average analyst rating for RRC stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 332222
Buy 444333
Hold 666899
Sell 222333
Strong Sell 111111
Total 161615171818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Strong Buy
Maintains
$41$45
Strong Buy Maintains $41$45 +34.45% May 13, 2024
Jefferies
Jefferies
Hold
Maintains
$32$34
Hold Maintains $32$34 +1.58% May 2, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$41$43
Buy Maintains $41$43 +28.47% Apr 30, 2024
Mizuho
Mizuho
Strong Buy
Reiterates
$39$41
Strong Buy Reiterates $39$41 +22.50% Apr 26, 2024
RBC Capital
RBC Capital
Hold
Downgrades
$36$39
Hold Downgrades $36$39 +16.52% Apr 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.68B
from 3.37B
Decreased by -20.55%
Revenue Next Year
3.08B
from 2.68B
Increased by 15.03%
EPS This Year
2.38
from 3.57
Decreased by -33.27%
EPS Next Year
3.52
from 2.38
Increased by 47.82%
Year 2019202020212022202320242025202620272028
Revenue
2.83B1.97B2.93B4.15B3.37B2.68B3.08B3.19B--
Revenue Growth
-13.86%-30.38%48.84%41.52%-18.63%-20.55%15.03%3.44%--
EPS
-6.92-2.951.614.693.572.383.523.812.813.13
EPS Growth
---191.30%-23.88%-33.27%47.82%8.24%-26.33%11.51%
Forward PE
-----14.059.508.7811.9210.69
No. Analysts -----26261222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 3.4B 3.9B 3.5B
Avg 2.7B 3.1B 3.2B
Low 2.1B 2.7B 2.6B

Revenue Growth

Revenue Growth 202420252026
High
-0.5%
45.3%
14.9%
Avg
-20.5%
15.0%
3.4%
Low
-38.0%
-0.4%
-16.2%

EPS Forecast

EPS 20242025202620272028
High 3.31 5.38 4.61 2.92 3.26
Avg 2.38 3.52 3.81 2.81 3.13
Low 1.85 2.27 2.99 2.72 3.04

EPS Growth

EPS Growth 20242025202620272028
High
-7.4%
125.9%
30.9%
-23.4%
15.9%
Avg
-33.3%
47.8%
8.2%
-26.3%
11.5%
Low
-48.1%
-4.6%
-15.1%
-28.5%
8.2%
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.