CRC Stock Forecast 2025-2026
Distance to CRC Price Targets
CRC Price Momentum
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Latest CRC Stock Price Targets & Analyst Predictions
Based on our analysis of 19 Wall Street analysts, CRC has a bullish consensus with a median price target of $60.00 (ranging from $36.00 to $75.00). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $35.68, the median forecast implies a 68.2% upside. This outlook is supported by 10 Buy, 3 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Neal Dingmann at Truist Securities, projecting a 110.2% upside. Conversely, the most conservative target is provided by Scott Gruber at Citigroup, suggesting a 0.9% upside.
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
CRC Price Target Range
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 |
|---|---|---|---|---|---|
| Apr 11, 2025 | RBC Capital | Scott Hanold | Outperform | Maintains | $60.00 |
| Apr 7, 2025 | Citigroup | Scott Gruber | Neutral | Downgrade | $36.00 |
| Mar 27, 2025 | RBC Capital | Scott Hanold | Outperform | Reiterates | $68.00 |
| Mar 5, 2025 | Barclays | Betty Jiang | Equal-Weight | Maintains | $55.00 |
| Jan 14, 2025 | RBC Capital | Scott Hanold | Outperform | Reiterates | $70.00 |
| Jan 13, 2025 | Truist Securities | Neal Dingmann | Buy | Initiates | $75.00 |
| Dec 20, 2024 | JP Morgan | Alejandra Magana | Neutral | Initiates | $63.00 |
| Nov 26, 2024 | TD Cowen | David Deckelbaum | Buy | Maintains | $74.00 |
| Oct 24, 2024 | Jefferies | Michael Schwartz | Buy | Initiates | $64.00 |
| Oct 22, 2024 | Stephens & Co. | Mike Scialla | Overweight | Initiates | $73.00 |
| Oct 16, 2024 | UBS | Josh Silverstein | Buy | Initiates | $68.00 |
| Oct 3, 2024 | Barclays | Betty Jiang | Equal-Weight | Maintains | $57.00 |
| Sep 5, 2024 | Citigroup | Scott Gruber | Buy | Maintains | $65.00 |
| Aug 21, 2024 | B of A Securities | Kalei Akamine | Buy | Upgrade | $65.00 |
| Aug 15, 2024 | RBC Capital | Scott Hanold | Outperform | Reiterates | $65.00 |
| Aug 12, 2024 | RBC Capital | Scott Hanold | Outperform | Reiterates | $65.00 |
| Aug 8, 2024 | Barclays | Betty Jiang | Equal-Weight | Maintains | $55.00 |
| Jul 19, 2024 | Citigroup | Scott Gruber | Buy | Reinstates | $63.00 |
| Jun 14, 2024 | RBC Capital | Scott Hanold | Outperform | Reiterates | $65.00 |
| Jun 12, 2024 | RBC Capital | Scott Hanold | Outperform | Reiterates | $65.00 |
California Resources Corporation (CRC) Competitors
The following stocks are similar to CRC 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 Corporation (CRC) Financial Data
California Resources Corporation has a market capitalization of $3.23B with a P/E ratio of 7.7x. The company generates $2.93B in trailing twelve-month revenue with a 12.8% profit margin.
Revenue growth is +58.7% quarter-over-quarter, while maintaining an operating margin of +41.8% and return on equity of +13.1%.
Valuation Metrics
Growth & Margins
Financial Health
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California Resources Corporation (CRC) Business Model
About California Resources Corporation
Explores and produces oil and natural gas.
The company operates by extracting crude oil, natural gas, and natural gas liquids primarily in California. It generates revenue through the sale of these energy resources, leveraging its extensive petroleum infrastructure to maximize hydrocarbon recovery.
California Resources Corporation plays a vital role in the domestic energy market, supporting local utilities and industries. The company emphasizes sustainable practices and technological advancements in extraction, contributing to energy stability and operational growth in California.
Company Information
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,550
CEO
Mr. Francisco J. Leon
Country
United States
IPO Year
2014
Website
www.crc.comCalifornia Resources Corporation (CRC) Latest News & Analysis
California Resources Corporation (NYSE: CRC) will release its Q1 2025 financial results on May 6th after market close.
California Resources Corporation's upcoming Q1 2025 financial results could significantly impact its stock price and investor sentiment, reflecting its financial health and operational performance.
California Resources Faces Permit Challenges And Oversupply Risks—Analyst Sees Growth, But Stay Cautious
1 month agoJ.P. Morgan analyst Alejandra Magana has a Neutral rating on California Resources Corporation (CRC) with a price target of $63.
J.P. Morgan's Neutral rating and $63 price target indicate a cautious outlook on California Resources Corporation, suggesting limited upside potential, which may influence investor sentiment.
California Resources Corporation will hold its Q4 2024 earnings conference call on March 3, 2025, at 1:00 PM ET. Key executives will participate, and the call will be recorded.
The earnings call provides insights into California Resources Corporation’s financial performance and strategic direction, which can impact stock valuation and investor sentiment.
Carbon TerraVault Provides 2024 Update
1 month agoCarbon TerraVault Holdings (CTV) signed an MOU with National Cement to develop California's first net zero cement facility, marking a significant step in carbon management efforts.
The MOU signals a strategic move towards sustainability, positioning CTV and CRC to capitalize on growing demand for eco-friendly construction, potentially enhancing their market value and attractiveness to ESG-focused investors.
California Resources Reports Fourth Quarter and Full Year 2024 Financial and Operating Results
1 month agoCalifornia Resources Corporation (NYSE: CRC) reported improved capital efficiency and significant cost reductions post-Aera merger, along with Q4 and full-year 2024 financial results and 2025 guidance.
Improvements in capital efficiency and cost reductions post-merger signal stronger financial health and potential for increased profitability, which can boost investor confidence and stock value.
California Resources Corporation (CRC) reported quarterly earnings of $0.91 per share, below the Zacks Consensus Estimate of $0.96, and down from $0.93 per share year-over-year.
CRC's earnings miss signals potential financial struggles, which may lead to reduced investor confidence and stock price volatility. Year-over-year decline raises further concerns.
Frequently Asked Questions About CRC Stock
What is California Resources Corporation's (CRC) stock forecast for 2025?
Based on our analysis of 19 Wall Street analysts, California Resources Corporation (CRC) has a median price target of $60.00. The highest price target is $75.00 and the lowest is $36.00.
Is CRC stock a good investment in 2025?
According to current analyst ratings, CRC has 10 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $35.68. 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 $60.00 in the next 12 months. This represents a 68.2% increase from the current price of $35.68. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is California Resources Corporation's business model?
The company operates by extracting crude oil, natural gas, and natural gas liquids primarily in California. It generates revenue through the sale of these energy resources, leveraging its extensive petroleum infrastructure to maximize hydrocarbon recovery.
What is the highest forecasted price for CRC California Resources Corporation?
The highest price target for CRC is $75.00 from Neal Dingmann at Truist Securities, which represents a 110.2% increase from the current price of $35.68.
What is the lowest forecasted price for CRC California Resources Corporation?
The lowest price target for CRC is $36.00 from Scott Gruber at Citigroup, which represents a 0.9% increase from the current price of $35.68.
What is the overall CRC consensus from analysts for California Resources Corporation?
The overall analyst consensus for CRC is bullish. Out of 19 Wall Street analysts, 10 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $60.00.
How accurate are CRC stock price projections?
Stock price projections, including those for California Resources Corporation, 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.