California Resources (CRC) Stock Forecast, Price Target & Predictions


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CRC Stock Forecast


California Resources (CRC) stock forecast, based on 18 Wall Street analysts, predicts a 12-month average price target of $47.00, with a high of $47.00 and a low of $47.00. This represents a 1.60% increase from the last price of $46.26.

$45 $48 $51 $54 $57 $60 High: $47 Avg: $47 Low: $47 Last Closed Price: $46.26

CRC Stock Rating


California Resources stock's rating consensus is Buy, based on 18 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 14 Buy (77.78%), 3 Hold (16.67%), 1 Sell (5.56%), and 0 Strong Sell (0.00%).

Buy
Total 18 1 3 14 0 Strong Sell Sell Hold Buy Strong Buy

CRC Price Target Upside V Benchmarks


TypeNameUpside
StockCalifornia Resources1.60%
SectorEnergy Stocks 22.33%
IndustryOil & Gas Exploration & Production Stocks27.72%

Price Target Trends


1M3M12M
# Anlaysts-18
Avg Price Target-$47.00$62.63
Last Closing Price$46.26$46.26$46.26
Upside/Downside-1.60%35.39%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25372--12
May, 25283--13
Apr, 25292--13
Mar, 25292--13
Feb, 25292--13
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 23, 2025Betty JiangBarclays$47.00$34.8734.79%1.60%
Mar 05, 2025Barclays$55.00$40.2736.58%18.89%
Oct 24, 2024Michael SchwartzJefferies$64.00$52.5821.72%38.35%
Oct 21, 2024Mike SciallaStephens$73.00$50.4144.81%57.80%
Oct 16, 2024Josh SilversteinUBS$68.00$51.0333.25%47.00%
Sep 11, 2024Nitin KumarMizuho Securities$64.00$47.5034.74%38.35%
Sep 05, 2024Scott GruberCitigroup$65.00$48.9232.87%40.51%
Aug 21, 2024Kalei AkamineBank of America Securities$65.00$49.4931.34%40.51%
Jun 12, 2024Scott HanoldRBC Capital$65.00$46.4040.09%40.51%
Apr 23, 2024Nate PendletonStifel Nicolaus$69.00$55.8023.66%49.16%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
May 19, 2025CitigroupNeutralNeutralhold
May 07, 2025Roth CapitalBuyBuyhold
Apr 07, 2025CitigroupBuyNeutraldowngrade
Oct 23, 2024JefferiesBuyinitialise
Oct 22, 2024UBSBuyBuyhold
Oct 21, 2024StephensOverweightinitialise
Oct 16, 2024UBSBuyinitialise
Oct 03, 2024RBC CapitalBuyBuyhold
Oct 02, 2024BarclaysEqual-WeightEqual-Weighthold
Sep 05, 2024RBC CapitalBuyBuyhold

Financial Forecast


EPS Forecast

$3 $4 $5 $6 $7 $8 $9 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$7.46$6.94$8.10$4.74----
Avg Forecast$6.04$5.31$5.27$4.10$3.97$4.26$3.79$4.15
High Forecast$6.47$5.76$5.49$4.39$4.57$5.79$4.19$4.59
Low Forecast$5.55$4.77$4.98$3.82$3.31$3.08$3.53$3.86
Surprise %23.51%30.70%53.70%15.61%----

Revenue Forecast

$2B $2B $3B $3B $4B $4B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.56B$3.26B$2.81B$3.20B----
Avg Forecast$1.90B$2.63B$2.56B$2.92B$3.40B$3.34B$3.27B$3.17B
High Forecast$2.01B$2.80B$2.76B$3.25B$3.70B$3.36B$3.36B$3.43B
Low Forecast$1.78B$2.42B$2.42B$2.68B$3.27B$3.32B$3.18B$3.01B
Surprise %34.92%23.93%10.05%9.41%----

Net Income Forecast

$-500M $-100M $300M $700M $1B $2B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$612.00M$524.00M$564.00M$376.00M----
Avg Forecast$437.54M$62.60M$564.00M$297.61M$285.45M$321.23M$279.78M$300.63M
High Forecast$469.17M$175.66M$1.25B$318.06M$331.06M$419.50M$303.68M$332.45M
Low Forecast$402.47M$-50.45M$-119.99M$277.15M$239.83M$222.97M$255.89M$280.13M
Surprise %39.87%737.00%-26.34%----

CRC Forecast FAQ


Is California Resources stock a buy?

California Resources stock has a consensus rating of Buy, based on 18 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 14 Buy, 3 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that California Resources is a favorable investment for most analysts.

What is California Resources's price target?

California Resources's price target, set by 18 Wall Street analysts, averages $47 over the next 12 months. The price target range spans from $47 at the low end to $47 at the high end, suggesting a potential 1.60% change from the previous closing price of $46.26.

How does California Resources stock forecast compare to its benchmarks?

California Resources's stock forecast shows a 1.60% upside, underperforming the average forecast for the energy stocks sector (22.33%) and underperforming the oil & gas exploration & production stocks industry (27.72%).

What is the breakdown of analyst ratings for California Resources over the past three months?

  • June 2025: 25.00% Strong Buy, 58.33% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 15.38% Strong Buy, 61.54% Buy, 23.08% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 15.38% Strong Buy, 69.23% Buy, 15.38% Hold, 0% Sell, 0% Strong Sell.

What is California Resources’s EPS forecast?

California Resources's average annual EPS forecast for its fiscal year ending in December 2025 is $3.97, marking a -16.24% decrease from the reported $4.74 in 2024. Estimates for the following years are $4.26 in 2026, $3.79 in 2027, and $4.15 in 2028.

What is California Resources’s revenue forecast?

California Resources's average annual revenue forecast for its fiscal year ending in December 2025 is $3.4B, reflecting a 6.47% increase from the reported $3.2B in 2024. The forecast for 2026 is $3.34B, followed by $3.27B for 2027, and $3.17B for 2028.

What is California Resources’s net income forecast?

California Resources's net income forecast for the fiscal year ending in December 2025 stands at $285.45M, representing a -24.08% decrease from the reported $376M in 2024. Projections indicate $321.23M in 2026, $279.78M in 2027, and $300.63M in 2028.