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Home โบ Stocks โบ California Resources Corp (CRC) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$58.34
-2.66 (-4.36%)Did CRC Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if California Resources is one of their latest high-conviction picks.
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.
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 |
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 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%.
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American energy company focused on hydrocarbon production.
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.
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.
Energy
Oil & Gas E&P
2,500
Mr. Francisco J. Leon
United States
2014
Investors need to pay close attention to CRC stock based on the movements in the options market lately.
California Resources (CRC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
California Resources Corporation (NYSE: CRC) successfully completed its first CO2 injection at the Carbon TerraVault I project, advancing California's carbon neutrality goals.
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.
CRC launches California's first operational carbon capture project, enhancing large-scale CO2 storage and supporting the state's climate initiatives.
California's first operational carbon capture project signals growth in the clean energy sector, potentially attracting investments and impacting companies involved in climate technologies.
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.
The performance comparison of CRC and COP against their sector signals potential investment opportunities or risks, influencing stock valuations and sector confidence.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The highest price target for CRC is $91.00 from at , which represents a 56.0% increase from the current price of $58.34.
The lowest price target for CRC is $72.00 from at , which represents a 23.4% increase from the current price of $58.34.
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.
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.
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.