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

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CRC Stock Forecast

California Resources (CRC) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $64.00, with a high of $73.00 and a low of $55.00. This represents a 85.94% increase from the last price of $34.42.

$30 $39 $48 $57 $66 $75 High: $73 Avg: $64 Low: $55 Last Closed Price: $34.42

CRC Stock Rating

California Resources stock's rating consensus is Buy, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (75.00%), 3 Hold (18.75%), 1 Sell (6.25%), and 0 Strong Sell (0.00%).

Buy
Total 16 0 1 3 12 Strong Sell Sell Hold Buy Strong Buy

CRC Price Target Upside V Benchmarks

TypeNameUpside
StockCalifornia Resources85.94%
SectorEnergy Stocks 42.69%
IndustryOil & Gas Exploration & Production Stocks51.01%

Price Target Trends

1M3M12M
# Anlaysts-19
Avg Price Target-$55.00$65.33
Last Closing Price$34.42$34.42$34.42
Upside/Downside-59.79%89.80%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25292--13
Mar, 25292--13
Feb, 25292--13
Jan, 25292--13
Dec, 24282--12
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 05, 2025Barclays$55.00$40.2736.58%59.79%
Oct 24, 2024Michael SchwartzJefferies$64.00$52.5821.72%85.94%
Oct 21, 2024Mike SciallaStephens$73.00$50.4144.81%112.09%
Oct 16, 2024Josh SilversteinUBS$68.00$51.0333.25%97.56%
Sep 11, 2024Nitin KumarMizuho Securities$64.00$47.5034.74%85.94%
Sep 05, 2024Scott GruberCitigroup$65.00$48.9232.87%88.84%
Aug 21, 2024Kalei AkamineBank of America Securities$65.00$49.4931.34%88.84%
Jun 12, 2024Scott HanoldRBC Capital$65.00$46.4040.09%88.84%
Apr 23, 2024Nate PendletonStifel Nicolaus$69.00$55.8023.66%100.46%
Mar 22, 2024Nitin KumarMizuho Securities$63.00$53.0618.73%83.03%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
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
Sep 05, 2024CitigroupBuyBuyhold
Aug 21, 2024Bank of America SecuritiesNeutralBuyupgrade

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 16 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 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 16 Wall Street analysts, averages $64 over the next 12 months. The price target range spans from $55 at the low end to $73 at the high end, suggesting a potential 85.94% change from the previous closing price of $34.42.

How does California Resources stock forecast compare to its benchmarks?

California Resources's stock forecast shows a 85.94% upside, outperforming the average forecast for the energy stocks sector (42.69%) and outperforming the oil & gas exploration & production stocks industry (51.01%).

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

  • April 2025: 15.38% Strong Buy, 69.23% Buy, 15.38% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 15.38% Strong Buy, 69.23% Buy, 15.38% Hold, 0% Sell, 0% Strong Sell.
  • February 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.