Crescent Energy Company (CRGY)
NYSE: CRGY · Real-Time Price · USD
12.38
+0.08 (0.65%)
Oct 22, 2024, 4:00 PM EDT - Market closed
Crescent Energy Company Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for CRGY stock have an average target of 16.1, with a low estimate of 12 and a high estimate of 20. The average target predicts an increase of 30.05% from the current stock price of 12.38.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CRGY stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 4 | 5 | 5 | 6 | 6 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 9 | 9 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $20 → $19 | Buy | Maintains | $20 → $19 | +53.47% | Oct 21, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $21 → $20 | Buy | Maintains | $21 → $20 | +61.55% | Oct 1, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $19 → $15 | Strong Buy | Maintains | $19 → $15 | +21.16% | Sep 30, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $17 | Buy | Initiates | $17 | +37.32% | Sep 24, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $12 | Hold | Initiates | $12 | -3.07% | Sep 18, 2024 |
Financial Forecast
Revenue This Year
3.07B
from 2.38B
Increased by 28.93%
Revenue Next Year
3.67B
from 3.07B
Increased by 19.43%
EPS This Year
1.62
from 1.02
Increased by 59.60%
EPS Next Year
2.09
from 1.62
Increased by 28.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.3B | 4.1B | 3.8B |
| Avg | 3.1B | 3.7B | 3.5B |
| Low | 2.9B | 3.2B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 37.4% | 33.8% | 4.2% |
| Avg | 28.9% | 19.4% | -5.1% |
| Low | 20.7% | 5.0% | -15.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.48 | 3.75 | 1.73 |
| Avg | 1.62 | 2.09 | 1.12 |
| Low | 0.79 | 1.20 | 0.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 144.1% | 131.4% | -17.1% |
| Avg | 59.6% | 29.0% | -46.5% |
| Low | -22.3% | -26.2% | -69.5% |
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.