CDEV Stock Forecast 2025-2026
Distance to CDEV Price Targets
CDEV Price Momentum
🤔 Considering Centennial Resource (CDEV)?
Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.
Latest CDEV Stock Price Targets & Analyst Predictions
CDEV has shown a year-to-date change of -8.3% and a 1-year change of -17.3%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for CDEV. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CDEV Analyst Ratings
CDEV Price Target Range
Latest CDEV Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CDEV.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 24, 2022 | Truist Securities | Neal Dingmann | Buy | Upgrade | $0.00 |
| Jul 11, 2022 | Wells Fargo | Joseph McKay | Underweight | Downgrade | $11.00 |
| Jul 6, 2022 | RBC Capital | Outperform | Upgrade | $0.00 | |
| May 20, 2022 | BMO Capital | Phillip Jungwirth | Market Perform | Maintains | $8.00 |
| Apr 8, 2022 | Keybanc | Overweight | Maintains | $11.00 | |
| Apr 7, 2022 | Piper Sandler | Mark Lear | Overweight | Upgrade | $13.00 |
| Apr 1, 2022 | Stifel | Derrick Whitfield | Buy | Upgrade | $11.20 |
| Mar 14, 2022 | Wells Fargo | Equal-Weight | Upgrade | $0.00 | |
| Mar 10, 2022 | Piper Sandler | Mark Lear | Neutral | Maintains | $10.00 |
| Mar 2, 2022 | JP Morgan | Zach Parham | Neutral | Maintains | $10.00 |
| Jan 27, 2022 | Keybanc | Overweight | Maintains | $9.00 | |
| Jan 21, 2022 | JP Morgan | Zach Parham | Neutral | Upgrade | $9.00 |
| Aug 18, 2021 | Cowen & Co. | Gabe Daoud | Market Perform | Upgrade | $5.75 |
| Aug 10, 2021 | MKM Partners | Buy | Upgrade | $0.00 | |
| Jul 16, 2021 | Citigroup | Neutral | Initiates | $0.00 | |
| Jun 30, 2021 | UBS | Lloyd Byrne | Neutral | Downgrade | $8.50 |
| Jun 24, 2021 | Keybanc | Leo Mariani | Overweight | Maintains | $8.00 |
| Jun 10, 2021 | Keybanc | Overweight | Maintains | $7.00 | |
| Jun 3, 2021 | Keybanc | Leo Mariani | Overweight | Maintains | $6.00 |
| May 19, 2021 | Wells Fargo | Underweight | Maintains | $5.00 |
Centennial Resource Development Inc-DE (CDEV) Competitors
The following stocks are similar to Centennial Resource based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Centennial Resource Development Inc-DE (CDEV) Financial Data
Centennial Resource Development Inc-DE has a market capitalization of $3.84B with a P/E ratio of 5.5x. The company generates $1.03B in trailing twelve-month revenue with a 53.3% profit margin.
Revenue growth is +36.1% quarter-over-quarter, while maintaining an operating margin of N/A and return on equity of -54.6%.
Valuation Metrics
Growth & Margins
Financial Health
🔥 Want More High-Potential Stock Ideas?
Join 5,000+ investors getting our research on stocks with massive upside potential.
Centennial Resource Development Inc-DE (CDEV) Business Model
About Centennial Resource Development Inc-DE
Company Information
Centennial Resource Development Inc-DE (CDEV) Latest News & Analysis
Permian Resources Corporation will report Q3 2022 results on November 8, 2022, after market close, with a conference call scheduled for November 9 at 9:00 a.m. Central.
Permian Resources' upcoming earnings report and conference call will provide critical insights into its financial health and operational performance, influencing investor sentiment and stock prices.
Centennial Resource (CDEV) recently reported earnings; investors should monitor upcoming developments for potential impacts on stock performance.
CDEV's recent earnings report can influence stock performance, shaping market sentiment and expectations about future profitability and growth, impacting investment decisions.
In August, the iShares U.S. Oil & Gas Exploration & Production ETF (IEO) gained approximately 15%, making it the top-performing U.S. equity ETF, fueled by rising oil prices.
IEO's 15% gain indicates strong investor interest in oil and gas sectors due to rising oil prices, suggesting potential for further returns in energy investments.
Why APA, Centennial Resource Development, and Obsidian Energy Were Rising by Double Digits This Week
2 years agoThe oil and gas sector rose due to Saudi Arabia and Russia's gas supply restrictions to Europe and China's stimulus measures.
The surge in the oil and gas sector indicates potential rising prices and profits, driven by supply constraints and increased demand, impacting energy investments and market sentiment.
Natural gas is becoming scarcer, even as oil prices rise, indicating potential shifts in energy market dynamics.
Rising oil prices and scarcity in natural gas can shift energy investment strategies, impacting profitability and market dynamics in energy sectors.
Centennial (CDEV) reported higher Q2 earnings due to increased oil equivalent production and rising commodity prices.
Centennial's increased oil equivalent production and rising commodity prices signal stronger revenue and profitability, potentially boosting investor confidence and stock performance.
Frequently Asked Questions About CDEV Stock
What is Centennial Resource Development Inc-DE's (CDEV) stock forecast for 2025?
Analyst forecasts for Centennial Resource Development Inc-DE (CDEV) are not currently available. The stock is trading at $13.63.
Is CDEV stock a good investment in 2025?
According to current analyst ratings, CDEV has 10 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $13.63. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for CDEV stock?
Price predictions from Wall Street analysts for CDEV are not currently available. The stock is trading at $13.63.
What is Centennial Resource Development Inc-DE's business model?
N/A
What is the highest forecasted price for CDEV Centennial Resource Development Inc-DE?
Price targets from Wall Street analysts for CDEV are not currently available. The stock is trading at $13.63.
What is the lowest forecasted price for CDEV Centennial Resource Development Inc-DE?
Price targets from Wall Street analysts for CDEV are not currently available. The stock is trading at $13.63.
What is the overall CDEV consensus from analysts for Centennial Resource Development Inc-DE?
The overall analyst consensus for CDEV is bullish. Out of 17 Wall Street analysts, 10 rate it as Buy, 2 as Hold, and 0 as Sell.
How accurate are CDEV stock price projections?
Stock price projections, including those for Centennial Resource Development Inc-DE, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
