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CRC Stock Forecast: California Resources Corp Price Predictions for 2026

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$58.34

-2.66 (-4.36%)

CRC Stock Forecast 2026-2027

$58.34
Current Price
$5.18B
Market Cap
11 Ratings
Buy 11
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to CRC Price Targets

+56.0%
To High Target of $91.00
+42.3%
To Median Target of $83.00
+23.4%
To Low Target of $72.00

CRC Price Momentum

-1.6%
1 Week Change
-5.1%
1 Month Change
+30.7%
1 Year Change
+30.5%
Year-to-Date Change
-18.9%
From 52W High of $71.98
+34.9%
From 52W Low of $43.25
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Latest CRC Stock Price Targets & Analyst Predictions

Based on our analysis of 7 Wall Street analysts, CRC has a bullish consensus with a median price target of $83.00 (ranging from $72.00 to $91.00). The overall analyst rating is Strong Buy (9.5/10). Currently trading at $58.34, the median forecast implies a 42.3% upside. This outlook is supported by 11 Buy, 0 Hold, and 0 Sell ratings.

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.

CRC Analyst Ratings

11
Buy
0
Hold
0
Sell

CRC Price Target Range

Low
$72.00
Average
$83.00
High
$91.00
Current: $58.34

Latest CRC Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CRC.

Date Firm Analyst Rating Change Price Target
May 27, 2026 Mizuho Nitin Kumar Outperform Maintains $87.00
May 26, 2026 Barclays Betty Jiang Overweight Maintains $80.00
May 20, 2026 Citigroup Scott Gruber Buy Upgrade $78.00
May 11, 2026 UBS Buy Maintains $N/A
Apr 13, 2026 UBS Buy Maintains $N/A
Mar 30, 2026 Citigroup Neutral Maintains $N/A
Mar 18, 2026 Citigroup Neutral Maintains $N/A
Mar 17, 2026 Wells Fargo Overweight Maintains $N/A
Mar 16, 2026 Barclays Overweight Maintains $N/A
Mar 5, 2026 UBS Buy Maintains $N/A
Mar 4, 2026 Wells Fargo Overweight Maintains $N/A
Mar 3, 2026 Barclays Overweight Maintains $N/A
Jan 26, 2026 UBS Buy Maintains $N/A
Jan 21, 2026 Barclays Overweight Maintains $N/A
Dec 12, 2025 UBS Buy Maintains $N/A
Dec 12, 2025 Mizuho Outperform Maintains $N/A
Dec 9, 2025 Wells Fargo Overweight Maintains $N/A
Dec 2, 2025 Wells Fargo Overweight Initiates $N/A
Nov 10, 2025 UBS Buy Maintains $N/A
Nov 6, 2025 Barclays Overweight Maintains $N/A

California Resources Corp (CRC) Competitors

The following stocks are similar to California Resources based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

California Resources Corp (CRC) Financial Data

California Resources Corp has a market capitalization of $5.18B with a P/E ratio of 15.3x. The company generates $3.46B in trailing twelve-month revenue with a -13.4% profit margin.

Revenue growth is +6.7% quarter-over-quarter, while maintaining an operating margin of -70.8% and return on equity of -14.4%.

Valuation Metrics

Market Cap $5.18B
Enterprise Value $6.75B
P/E Ratio 15.3x
PEG Ratio 0.0x
Price/Sales 1.6x

Growth & Margins

Revenue Growth (YoY) +6.7%
Gross Margin +46.1%
Operating Margin -70.8%
Net Margin -13.4%
EPS Growth +7.4%

Financial Health

Cash/Price Ratio +0.8%
Current Ratio 0.5x
Debt/Equity 47.2x
ROE -14.4%
ROA -1.4%
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California Resources Corp logo

California Resources Corp (CRC) Business Model

About California Resources Corp

What They Do

American energy company focused on hydrocarbon production.

Business Model

California Resources Corporation generates revenue through the exploration and production of hydrocarbons, primarily oil and natural gas, in California. The company operates across several key basins, leveraging its extensive mineral acreage and diverse operational strategies including conventional and enhanced oil recovery methods.

Additional Information

Headquartered in Long Beach, California Resources Corporation holds significant assets such as the 47,000-acre Elk Hills Oil Field and has a strong presence in California's energy market. Established in 2014 as a spin-off from Occidental Petroleum, the company has overcome bankruptcy challenges and is actively pursuing energy transition initiatives aimed at achieving net-zero emissions by 2045.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

2,500

CEO

Mr. Francisco J. Leon

Country

United States

IPO Year

2014

California Resources Corp (CRC) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Are Options Traders Betting on a Big Move in California Resources Stock?

Investors need to pay close attention to CRC stock based on the movements in the options market lately.

Jun 05, 2026 By Zacks Equity Research Tale of the Tape

Why Is California Resources (CRC) Up 1.2% Since Last Earnings Report?

California Resources (CRC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Jun 04, 2026 By Zacks Equity Research Realtime BLOG

Here's Why California Resources Corporation (CRC) is a Strong Momentum Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Jun 04, 2026 By Zacks Equity Research Tale of the Tape

Latest News

CRC stock latest news image
Quick Summary

California Resources Corporation (NYSE: CRC) successfully completed its first CO2 injection at the Carbon TerraVault I project, advancing California's carbon neutrality goals.

Why It Matters

California Resources Corporation's successful CO2 injection at Carbon TerraVault I positions it as a leader in carbon capture, potentially enhancing its reputation and attracting investors focused on sustainability.

Source: GlobeNewsWire
Market Sentiment: Neutral
CRC stock latest news image
Quick Summary

CRC launches California's first operational carbon capture project, enhancing large-scale CO2 storage and supporting the state's climate initiatives.

Why It Matters

California's first operational carbon capture project signals growth in the clean energy sector, potentially attracting investments and impacting companies involved in climate technologies.

Source: Zacks Investment Research
Market Sentiment: Positive
CRC stock latest news image
Quick Summary

California Resources Corporation (CRC) and ConocoPhillips (COP) have been evaluated against their sector's performance for the year to date. Further details on specific performance metrics are not provided.

Why It Matters

The performance comparison of CRC and COP against their sector signals potential investment opportunities or risks, influencing stock valuations and sector confidence.

Source: Zacks Investment Research
Market Sentiment: Positive
CRC stock latest news image
Quick Summary

CRC reported Q1 adjusted EPS and revenues exceeding expectations due to strong oil prices, despite a significant derivative mark-to-market loss affecting GAAP results.

Why It Matters

CRC's strong Q1 performance amid high oil prices indicates robust operational health, but the derivative loss highlights volatility risks. This mixed outcome can influence investor sentiment and stock valuation.

Source: Zacks Investment Research
Market Sentiment: Neutral
CRC stock latest news image
Quick Summary

California Resources (NYSE: CRC) reported a strong Q1, raising its 2026 outlook due to higher oil prices, better capital efficiency, and cost savings from its Berry merger.

Why It Matters

California Resources' strong Q1 results and raised 2026 outlook signal robust financial health and growth potential, likely boosting investor confidence and affecting stock performance positively.

Source: MarketBeat
Market Sentiment: Positive
CRC stock latest news image
Quick Summary

California Resources Corporation (CRC) held its Q1 2026 earnings call, where financial performance and strategic updates were discussed. Further details on earnings results were shared.

Why It Matters

The Q1 2026 earnings call for California Resources Corporation provides insights into the company's financial performance, strategic direction, and market outlook, influencing investment decisions.

Source: Seeking Alpha
Market Sentiment: Neutral

Frequently Asked Questions About CRC Stock

What is California Resources Corp's (CRC) stock forecast for 2026?

Based on our analysis of 7 Wall Street analysts, California Resources Corp (CRC) has a median price target of $83.00. The highest price target is $91.00 and the lowest is $72.00.

Is CRC stock a good investment in 2026?

According to current analyst ratings, CRC has 11 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $58.34. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CRC stock?

Wall Street analysts predict CRC stock could reach $83.00 in the next 12 months. This represents a 42.3% increase from the current price of $58.34. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is California Resources Corp's business model?

California Resources Corporation generates revenue through the exploration and production of hydrocarbons, primarily oil and natural gas, in California. The company operates across several key basins, leveraging its extensive mineral acreage and diverse operational strategies including conventional and enhanced oil recovery methods.

What is the highest forecasted price for CRC California Resources Corp?

The highest price target for CRC is $91.00 from at , which represents a 56.0% increase from the current price of $58.34.

What is the lowest forecasted price for CRC California Resources Corp?

The lowest price target for CRC is $72.00 from at , which represents a 23.4% increase from the current price of $58.34.

What is the overall CRC consensus from analysts for California Resources Corp?

The overall analyst consensus for CRC is bullish. Out of 7 Wall Street analysts, 11 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $83.00.

How accurate are CRC stock price projections?

Stock price projections, including those for California Resources Corp, 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.

Last updated: June 6, 2026 3:18 AM UTC
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