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Civitas Resources (CIVI) Stock Forecast, Price Target & Predictions

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CIVI Stock Forecast

Civitas Resources stock forecast is as follows: an average price target of $76.17 (represents a 46.68% upside from CIVI’s last price of $51.93) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

CIVI Price Target

The average price target for Civitas Resources (CIVI) is $76.17 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $84.00 to $60.00. This represents a potential 46.68% upside from CIVI's last price of $51.93.

CIVI Analyst Ratings

Buy

According to 19 Wall Street analysts, Civitas Resources's rating consensus is 'Buy'. The analyst rating breakdown for CIVI stock is 0 'Strong Buy' (0.00%), 16 'Buy' (84.21%), 3 'Hold' (15.79%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Civitas Resources Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 10, 2025Devin McDermottMorgan Stanley$64.00$51.3224.71%23.24%
Oct 16, 2024Josh SilversteinUBS$60.00$50.2319.45%15.54%
Oct 16, 2024Tim RevzanKeyBanc$84.00$51.1064.37%61.76%
Sep 30, 2024Neal DingmannTruist Financial$81.00$51.2158.17%55.98%
Sep 16, 2024Nitin KumarMizuho Securities$84.00$52.9558.64%61.76%
Sep 11, 2024Mark LearPiper Sandler$84.00$53.0958.22%61.76%
Aug 15, 2024Mark LearPiper Sandler$85.00$61.8837.36%63.68%
Jul 07, 2024Lloyd ByrneJefferies$100.00$67.6347.86%92.57%
May 28, 2024Scott HanoldRBC Capital$90.00$71.9125.16%73.31%
May 13, 2024William JanelaMizuho Securities$98.00$76.1828.64%88.72%
May 06, 2024Neal DingmannTruist Financial$105.00$75.5039.07%102.20%
Mar 18, 2024Nitin KumarMizuho Securities$90.00$73.0023.29%73.31%
Jan 26, 2024Phillip JungwirthBMO Capital$95.00$66.2943.31%82.94%
Aug 31, 2023Phillip JungwirthLoop Capital Markets$95.00$81.9815.87%82.94%
Jun 26, 2023Roth MKM RatingsRoth Capital$74.00$64.8414.13%42.50%
Jul 19, 2022Truist Financial$53.00$25.67106.47%2.06%

The latest Civitas Resources stock forecast, released on Jan 10, 2025 by Devin McDermott from Morgan Stanley, set a price target of $64.00, which represents a 24.71% increase from the stock price at the time of the forecast ($51.32), and a 23.24% increase from CIVI last price ($51.93).

Civitas Resources Price Target by Period

1M3M12M
# Anlaysts1112
Avg Price Target$64.00$64.00$85.42
Last Closing Price$51.93$51.93$51.93
Upside/Downside23.24%23.24%64.49%

In the current month, the average price target of Civitas Resources stock is $64.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 23.24% increase as opposed to Civitas Resources's last price of $51.93. This month's average price target is down 0.00% compared to last quarter, and down -25.08% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025Morgan StanleyOverweightInitialise
Oct 16, 2024UBSBuyBuyHold
Oct 16, 2024Truist FinancialUnderperformUnderperformHold
Oct 16, 2024UBSNeutralInitialise
Oct 16, 2024KeyBancOverweightOverweightHold
Sep 11, 2024Sandler O'NeillUnderperformUnderperformHold
Sep 11, 2024Truist FinancialBuyBuyHold
Sep 11, 2024Piper SandlerOverweightOverweightHold
Aug 15, 2024Piper SandlerOverweightOverweightHold
Aug 13, 2024RBC CapitalBuyBuyHold
Jul 17, 2024Wolfe ResearchOutperformInitialise
Jul 07, 2024JefferiesBuyBuyHold
Jun 24, 2024Cowen & Co.BuyBuyHold
Jun 13, 2024William BlairBuyBuyHold
Jun 13, 2024Cowen & Co.BuyInitialise
May 27, 2024RBC CapitalOutperformInitialise
May 13, 2024William BlairBuyBuyHold
May 13, 2024Truist FinancialUnderperformUnderperformHold
Apr 22, 2024Truist FinancialUnderperformUnderperformHold
Apr 05, 2024William BlairBuyBuyHold
Apr 05, 2024Sandler O'NeillUnderperformUnderperformHold
Aug 31, 2023BMO CapitalOutperformInitialise
Jun 26, 2023B. RileyOverweightUpgrade
Jun 26, 2023B. Riley SecuritiesBuyBuyHold
Jun 26, 2023Wells FargoOverweightOverweightHold
Oct 19, 2022Empire Asset ManagementNeutralInitialise
Oct 19, 2022Credit SuisseOutperformInitialise
Oct 19, 2022Goldman SachsNeutralInitialise
Oct 19, 2022JMP SecuritiesMarket PerformInitialise
Oct 19, 2022JefferiesBuyInitialise
Oct 19, 2022GuggenheimBuyInitialise
Oct 19, 2022Piper SandlerOverweightInitialise
Oct 19, 2022Raymond JamesOutperformInitialise

Civitas Resources's last stock rating was published by Morgan Stanley on Jan 10, 2025. The company Initialise its CIVI rating from "null" to "Overweight".

Civitas Resources Financial Forecast

Civitas Resources Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$1.13B$1.04B$660.53M$656.02M$814.27M$1.01B$1.15B$817.81M$510.46M$189.96M$156.03M$74.16M$62.63M$58.86M
Avg Forecast$1.19B$1.19B$1.17B$1.18B$1.39B$1.36B$1.34B$1.34B$1.35B$1.33B$1.25B$1.23B$1.30B$1.31B$1.34B$1.29B$1.18B$1.01B$629.63M$658.14M$751.93M$866.22M$881.48M$645.62M$407.60M$156.74M$134.64M$62.76M$66.70M$65.02M
High Forecast$1.30B$1.29B$1.28B$1.28B$1.51B$1.48B$1.46B$1.46B$1.47B$1.45B$1.36B$1.33B$1.35B$1.36B$1.46B$1.29B$1.25B$1.01B$684.81M$715.82M$808.47M$866.22M$881.48M$645.62M$407.60M$156.74M$134.64M$62.76M$66.70M$65.02M
Low Forecast$1.11B$1.11B$1.09B$1.10B$1.29B$1.27B$1.25B$1.25B$1.26B$1.24B$1.17B$1.13B$1.23B$1.26B$1.25B$1.29B$1.11B$1.01B$587.13M$613.71M$714.07M$866.22M$881.48M$645.62M$407.60M$156.74M$134.64M$62.76M$66.70M$65.02M
# Analysts633333454527733363334444333333
Surprise %----------------0.96%1.03%1.05%1.00%1.08%1.16%1.31%1.27%1.25%1.21%1.16%1.18%0.94%0.91%

Civitas Resources's average Quarter revenue forecast for Mar 24 based on 3 analysts is $1.29B, with a low forecast of $1.29B, and a high forecast of $1.29B. CIVI's average Quarter revenue forecast represents a 14.54% increase compared to the company's last Quarter revenue of $1.13B (Dec 23).

Civitas Resources EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts633333454527733363334444333333
EBITDA----------------$553.40M$353.99M$318.96M$451.61M$574.20M$752.62M$905.64M$623.94M$370.03M$93.87M$1.77M$18.66M$19.33M$31.38M
Avg Forecast$780.45M$777.84M$768.02M$769.33M$906.70M$888.60M$875.96M$875.58M$885.03M$872.39M$819.67M$803.88M$851.42M$855.32M$878.86M$844.28M$769.23M$660.90M$411.90M$430.55M$492.60M$581.13M$591.36M$301.77M$273.45M$82.06M$90.33M$42.10M$44.75M$43.62M
High Forecast$848.85M$846.00M$835.33M$836.75M$986.16M$966.47M$952.73M$952.31M$962.59M$948.84M$891.50M$867.68M$883.92M$888.35M$955.88M$844.28M$820.52M$663.76M$448.00M$468.28M$529.64M$581.13M$591.36M$362.12M$273.45M$98.47M$90.33M$42.10M$44.75M$43.62M
Low Forecast$727.76M$725.32M$716.17M$717.39M$845.49M$828.61M$816.83M$816.47M$825.28M$813.50M$764.33M$740.08M$805.93M$822.30M$819.53M$844.28M$724.36M$658.04M$384.09M$401.49M$467.80M$581.13M$591.36M$241.41M$273.45M$65.65M$90.33M$42.10M$44.75M$43.62M
Surprise %----------------0.72%0.54%0.77%1.05%1.17%1.30%1.53%2.07%1.35%1.14%0.02%0.44%0.43%0.72%

3 analysts predict CIVI's average Quarter EBITDA for Mar 24 to be $844.28M, with a high of $844.28M and a low of $844.28M. This is 52.56% upper than Civitas Resources's previous annual EBITDA (Dec 23) of $553.40M.

Civitas Resources Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts633333454527733363334444333333
Net Income----------------$302.87M$139.67M$139.29M$202.46M$281.87M$405.75M$468.82M$91.64M$163.70M$40.66M$-25.32M$-119.00K$60.63M$3.25M
Avg Forecast$351.64M$295.65M$267.17M$314.32M$330.95M$298.97M$275.48M$296.72M$266.01M$250.07M$214.33M$216.00M$194.31M$195.20M$270.20M$251.39M$269.12M$254.77M$171.89M$199.53M$258.77M$353.24M$387.99M$90.15M$207.53M$35.54M$123.20M$75.02M$89.95M$77.33M
High Forecast$391.70M$329.34M$297.61M$350.13M$368.65M$333.04M$306.86M$330.53M$296.31M$278.56M$238.75M$322.48M$257.80M$217.44M$270.21M$252.19M$325.33M$254.78M$191.48M$222.26M$284.06M$353.24M$387.99M$108.19M$216.48M$42.65M$123.20M$75.02M$89.95M$77.33M
Low Forecast$320.78M$269.71M$243.72M$286.73M$301.90M$272.74M$251.30M$270.68M$242.66M$228.12M$195.52M$136.90M$167.38M$178.07M$270.19M$250.59M$236.86M$254.76M$156.81M$182.02M$241.83M$353.24M$387.99M$72.12M$198.57M$28.44M$123.20M$75.02M$89.95M$77.33M
Surprise %----------------1.13%0.55%0.81%1.01%1.09%1.15%1.21%1.02%0.79%1.14%-0.21%-0.00%0.67%0.04%

Civitas Resources's average Quarter net income forecast for Mar 24 is $251.39M, with a range of $250.59M to $252.19M. CIVI's average Quarter net income forecast represents a -17.00% decrease compared to the company's last Quarter net income of $302.87M (Dec 23).

Civitas Resources SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts633333454527733363334444333333
SG&A----------------$54.52M$36.15M$33.54M$36.86M$40.80M$37.30M$29.67M$35.72M$32.01M$11.72M$12.14M$9.25M$8.18M$8.92M
Avg Forecast$105.21M$104.86M$103.54M$103.71M$122.23M$119.79M$118.09M$118.04M$119.31M$117.61M$110.50M$108.37M$114.78M$115.31M$118.48M$113.82M$103.70M$89.10M$55.53M$58.04M$66.32M$76.39M$77.74M$35.14M$35.95M$10.25M$11.87M$5.53M$5.88M$5.73M
High Forecast$114.43M$114.05M$112.61M$112.80M$132.95M$130.29M$128.44M$128.38M$129.77M$127.92M$120.18M$116.97M$119.16M$119.76M$128.86M$113.82M$110.61M$89.48M$60.40M$63.13M$71.30M$76.39M$77.74M$42.17M$35.95M$12.30M$11.87M$5.53M$5.88M$5.73M
Low Forecast$98.11M$97.78M$96.55M$96.71M$113.98M$111.71M$110.12M$110.07M$111.26M$109.67M$103.04M$99.77M$108.65M$110.86M$110.48M$113.82M$97.65M$88.71M$51.78M$54.12M$62.98M$76.39M$77.74M$28.11M$35.95M$8.20M$11.87M$5.53M$5.88M$5.73M
Surprise %----------------0.53%0.41%0.60%0.64%0.62%0.49%0.38%1.02%0.89%1.14%1.02%1.67%1.39%1.56%

Civitas Resources's average Quarter SG&A projection for Mar 24 is $113.82M, based on 3 Wall Street analysts, with a range of $113.82M to $113.82M. The forecast indicates a 108.75% rise compared to CIVI last annual SG&A of $54.52M (Dec 23).

Civitas Resources EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts633333454527733363334444333333
EPS----------------$3.20$1.57$1.73$2.48$3.31$4.77$5.52$1.08$2.49$1.32$-0.83$-0.01$2.91$0.16
Avg Forecast$3.58$3.01$2.72$3.20$3.37$3.04$2.80$3.02$2.71$2.55$2.18$2.20$1.98$1.99$2.75$2.56$2.74$2.59$1.75$2.03$2.63$3.52$3.87$2.52$2.07$1.59$1.23$0.75$0.90$0.77
High Forecast$3.99$3.35$3.03$3.56$3.75$3.39$3.12$3.37$3.02$2.84$2.43$3.28$2.62$2.21$2.75$2.57$3.31$2.59$1.95$2.26$2.89$3.52$3.87$2.52$2.16$1.59$1.23$0.75$0.90$0.77
Low Forecast$3.27$2.75$2.48$2.92$3.07$2.78$2.56$2.76$2.47$2.32$1.99$1.39$1.70$1.81$2.75$2.55$2.41$2.59$1.60$1.85$2.46$3.52$3.87$2.52$1.98$1.59$1.23$0.75$0.90$0.77
Surprise %----------------1.17%0.61%0.99%1.22%1.26%1.35%1.43%0.43%1.20%0.83%-0.68%-0.01%3.24%0.21%

According to 3 Wall Street analysts, Civitas Resources's projected average Quarter EPS for Mar 24 is $2.56, with a low estimate of $2.55 and a high estimate of $2.57. This represents a -20.02% decrease compared to CIVI previous annual EPS of $3.20 (Dec 23).

Civitas Resources Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MURMurphy Oil$29.18$44.0050.79%Buy
CIVICivitas Resources$51.93$76.1746.68%Buy
VTLEVital Energy$33.64$48.0042.69%Hold
SMSM Energy$40.05$54.0034.83%Buy
FANGDiamondback Energy$170.86$223.8231.00%Buy
PRPermian Resources$15.11$19.6029.72%Buy
MTDRMatador Resources$60.26$73.5722.09%Buy
MGYMagnolia Oil & Gas$24.80$29.0016.94%Buy
ARAntero Resources$37.35$35.88-3.94%Buy
RRCRange Resources$37.59$36.00-4.23%Buy

CIVI Forecast FAQ

Is Civitas Resources a good buy?

Yes, according to 19 Wall Street analysts, Civitas Resources (CIVI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 16 'Buy' recommendations, accounting for 84.21% of CIVI's total ratings.

What is CIVI's price target?

Civitas Resources (CIVI) average price target is $76.17 with a range of $60 to $84, implying a 46.68% from its last price of $51.93. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Civitas Resources stock go up soon?

According to Wall Street analysts' prediction for CIVI stock, the company can go up by 46.68% (from the last price of $51.93 to the average price target of $76.17), up by 61.76% based on the highest stock price target, and up by 15.54% based on the lowest stock price target.

Can Civitas Resources stock reach $80?

CIVI's highest twelve months analyst stock price target of $84 supports the claim that Civitas Resources can reach $80 in the near future.

What is Civitas Resources's current price target trend?

1 Wall Street analyst forecast a $64 price target for Civitas Resources (CIVI) this month, up 23.24% from its last price of $51.93. Compared to the last 3 and 12 months, the average price target increased by 23.24% and increased by 64.49%, respectively.

What are Civitas Resources's analysts' financial forecasts?

Civitas Resources's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.42B (high $5.9B, low $5.06B), average EBITDA is $3.55B (high $3.86B, low $3.31B), average net income is $1.2B (high $1.34B, low $1.1B), average SG&A $478.16M (high $520.06M, low $445.88M), and average EPS is $12.24 (high $13.63, low $11.16). CIVI's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $4.73B (high $5.15B, low $4.41B), average EBITDA is $3.1B (high $3.37B, low $2.89B), average net income is $1.23B (high $1.37B, low $1.12B), average SG&A $417.33M (high $453.9M, low $389.15M), and average EPS is $12.51 (high $13.94, low $11.41).

Did the CIVI's actual financial results beat the analysts' financial forecasts?

Based on Civitas Resources's last annual report (Dec 2023), the company's revenue was $3.48B, beating the average analysts forecast of $3.47B by 0.15%. Apple's EBITDA was $1.56B, missing the average prediction of $2.27B by -31.46%. The company's net income was $784.29M, missing the average estimation of $895.31M by -12.40%. Apple's SG&A was $161.08M, missing the average forecast of $306.37M by -47.42%. Lastly, the company's EPS was $9.02, missing the average prediction of $9.11 by -1.04%. In terms of the last quarterly report (Dec 2023), Civitas Resources's revenue was $1.13B, missing the average analysts' forecast of $1.18B by -4.17%. The company's EBITDA was $553.4M, missing the average prediction of $769.23M by -28.06%. Civitas Resources's net income was $302.87M, beating the average estimation of $269.12M by 12.54%. The company's SG&A was $54.52M, missing the average forecast of $103.7M by -47.42%. Lastly, the company's EPS was $3.2, beating the average prediction of $2.74 by 16.80%