Crescent Energy Company (CRGY) Stock Forecast, Price Target & Predictions
CRGY Stock Forecast
Crescent Energy Company stock forecast is as follows: an average price target of $16.83 (represents a 52.79% upside from CRGY’s last price of $11.02) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
CRGY Price Target
The average price target for Crescent Energy Company (CRGY) is $16.83 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $14.00. This represents a potential 52.79% upside from CRGY's last price of $11.02.
CRGY Analyst Ratings
According to 7 Wall Street analysts, Crescent Energy Company's rating consensus is 'Buy'. The analyst rating breakdown for CRGY stock is 1 'Strong Buy' (14.29%), 6 'Buy' (85.71%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Crescent Energy Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 17, 2024 | John Abbott | Wolfe Research | $16.00 | $12.31 | 29.98% | 45.26% |
| Jun 27, 2024 | Tim Rezvan | KeyBanc | $16.00 | $11.93 | 34.12% | 45.26% |
| May 24, 2024 | John Freeman | Raymond James | $18.00 | $12.42 | 44.93% | 63.41% |
| May 23, 2024 | Neal Dingmann | Truist Financial | $20.00 | $12.32 | 62.27% | 81.57% |
| May 13, 2024 | William Jane | Mizuho Securities | $14.00 | $12.16 | 15.13% | 27.10% |
| Mar 22, 2024 | Nitin Kumar | Mizuho Securities | $13.00 | $11.25 | 15.56% | 18.02% |
| Sep 27, 2023 | Mike Scialla | Stephens | $17.00 | $13.03 | 30.47% | 54.33% |
The latest Crescent Energy Company stock forecast, released on Jul 17, 2024 by John Abbott from Wolfe Research, set a price target of $16.00, which represents a 29.98% increase from the stock price at the time of the forecast ($12.31), and a 45.26% increase from CRGY last price ($11.02).
Crescent Energy Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 7 |
| Avg Price Target | - | $16.00 | $16.29 |
| Last Closing Price | $11.02 | $11.02 | $11.02 |
| Upside/Downside | -100.00% | 45.26% | 47.89% |
In the current month, the average price target of Crescent Energy Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Crescent Energy Company's last price of $11.02. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 05, 2024 | Wells Fargo | Buy | Buy | Hold |
| Sep 05, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 04, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 06, 2024 | Truist Financial | Buy | Buy | Hold |
| Aug 06, 2024 | Stephens | Underperform | Underperform | Hold |
| Jul 17, 2024 | Wolfe Research | - | Outperform | Initialise |
| Jun 26, 2024 | KeyBanc | - | Overweight | Initialise |
| May 24, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| May 13, 2024 | Wells Fargo | Underperform | Underperform | Hold |
| May 13, 2024 | William Blair | Buy | Buy | Hold |
Crescent Energy Company's last stock rating was published by Wells Fargo on Sep 05, 2024. The company gave CRGY a "Buy" rating, the same as its previous rate.
Crescent Energy Company Financial Forecast
Crescent Energy Company Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $657.73M | - | $492.34M | $590.14M | $684.76M | $864.96M | $908.43M | $598.91M |
| Avg Forecast | $913.00M | $903.50M | $895.50M | $909.50M | $939.28M | $926.07M | $906.03M | $904.88M | $921.85M | $830.53M | $616.83M | $583.33M | $595.27M | $598.42M | $468.12M | $491.64M | $563.29M | $661.67M | $644.00M | $433.00M |
| High Forecast | $936.25M | $926.51M | $918.31M | $932.66M | $963.20M | $949.65M | $929.10M | $927.92M | $945.33M | $907.83M | $632.54M | $598.19M | $598.45M | $613.66M | $480.04M | $504.16M | $577.63M | $678.52M | $683.07M | $459.27M |
| Low Forecast | $890.98M | $881.71M | $873.91M | $887.57M | $916.63M | $903.74M | $884.18M | $883.06M | $899.62M | $689.30M | $601.96M | $569.27M | $592.09M | $583.99M | $456.83M | $479.78M | $549.70M | $645.71M | $582.24M | $391.48M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | - | 1.05% | 1.20% | 1.22% | 1.31% | 1.41% | 1.38% |
Crescent Energy Company's average Quarter revenue forecast for Mar 24 based on 2 analysts is $583.33M, with a low forecast of $569.27M, and a high forecast of $598.19M. CRGY's average Quarter revenue forecast represents a -11.31% decrease compared to the company's last Quarter revenue of $657.73M (Dec 23).
Crescent Energy Company EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $303.67M | - | $195.43M | $297.46M | $410.58M | $562.17M | $635.47M | $359.65M |
| Avg Forecast | $456.42M | $451.67M | $447.67M | $454.67M | $469.56M | $462.95M | $452.93M | $452.36M | $460.84M | $415.19M | $308.36M | $291.62M | $297.58M | $299.16M | $234.02M | $245.78M | $281.59M | $330.78M | $321.94M | $15.71M |
| High Forecast | $468.04M | $463.17M | $459.07M | $466.25M | $481.52M | $474.74M | $464.47M | $463.88M | $472.58M | $453.84M | $316.22M | $299.04M | $299.17M | $306.77M | $239.98M | $252.04M | $288.77M | $339.20M | $341.47M | $18.85M |
| Low Forecast | $445.42M | $440.78M | $436.88M | $443.71M | $458.24M | $451.79M | $442.01M | $441.45M | $449.73M | $344.59M | $300.93M | $284.58M | $295.99M | $291.94M | $228.38M | $239.85M | $274.80M | $322.80M | $291.07M | $12.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | - | 0.84% | 1.21% | 1.46% | 1.70% | 1.97% | 22.90% |
2 analysts predict CRGY's average Quarter EBITDA for Mar 24 to be $291.62M, with a high of $299.04M and a low of $284.58M. This is -3.97% lower than Crescent Energy Company's previous annual EBITDA (Dec 23) of $303.67M.
Crescent Energy Company Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $55.53M | - | $75.83M | $255.61M | $49.36M | $555.35M | $281.90M | $-406.01M |
| Avg Forecast | $55.57M | $51.78M | $47.51M | $53.19M | $46.55M | $46.29M | $39.76M | $39.35M | $38.87M | $36.53M | $31.16M | $22.69M | $21.39M | $29.59M | $10.57M | $34.92M | $64.01M | $137.57M | $138.13M | $-151.41M |
| High Forecast | $57.41M | $53.50M | $49.08M | $54.95M | $48.10M | $47.83M | $41.08M | $40.66M | $40.16M | $40.96M | $32.19M | $23.45M | $23.42M | $30.57M | $10.92M | $36.07M | $66.13M | $142.12M | $149.03M | $-121.13M |
| Low Forecast | $53.83M | $50.16M | $46.02M | $51.52M | $45.10M | $44.84M | $38.52M | $38.12M | $37.65M | $33.21M | $30.18M | $21.98M | $20.37M | $28.66M | $10.24M | $33.82M | $62.00M | $133.26M | $120.91M | $-181.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.60% | - | 7.18% | 7.32% | 0.77% | 4.04% | 2.04% | 2.68% |
Crescent Energy Company's average Quarter net income forecast for Mar 24 is $22.69M, with a range of $21.98M to $23.45M. CRGY's average Quarter net income forecast represents a -59.14% decrease compared to the company's last Quarter net income of $55.53M (Dec 23).
Crescent Energy Company SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $119.25M | - | $92.69M | $68.64M | $82.07M | $81.64M | $80.66M | $77.61M |
| Avg Forecast | $157.05M | $155.42M | $154.04M | $156.45M | $161.57M | $159.30M | $155.85M | $155.65M | $158.57M | $142.87M | $106.11M | $100.34M | $102.40M | $102.94M | $80.52M | $84.57M | $96.89M | $113.82M | $110.78M | $138.25M |
| High Forecast | $161.05M | $159.38M | $157.96M | $160.43M | $165.69M | $163.36M | $159.82M | $159.62M | $162.61M | $156.16M | $108.81M | $102.90M | $102.94M | $105.56M | $82.58M | $86.72M | $99.36M | $116.72M | $117.50M | $165.90M |
| Low Forecast | $153.26M | $151.67M | $150.33M | $152.68M | $157.68M | $155.46M | $152.09M | $151.90M | $154.75M | $118.57M | $103.55M | $97.92M | $101.85M | $100.46M | $78.58M | $82.53M | $94.56M | $111.07M | $100.16M | $110.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | - | 1.15% | 0.81% | 0.85% | 0.72% | 0.73% | 0.56% |
Crescent Energy Company's average Quarter SG&A projection for Mar 24 is $100.34M, based on 2 Wall Street analysts, with a range of $97.92M to $102.90M. The forecast indicates a -15.86% fall compared to CRGY last annual SG&A of $119.25M (Dec 23).
Crescent Energy Company EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.61 | - | $1.56 | $0.76 | $0.30 | $3.29 | $1.66 | $-2.40 |
| Avg Forecast | $0.49 | $0.46 | $0.42 | $0.47 | $0.41 | $0.41 | $0.35 | $0.35 | $0.34 | $0.32 | $0.28 | $0.20 | $0.19 | $0.26 | $0.09 | $0.31 | $0.57 | $1.22 | $1.22 | $0.59 |
| High Forecast | $0.51 | $0.47 | $0.43 | $0.49 | $0.42 | $0.42 | $0.36 | $0.36 | $0.35 | $0.36 | $0.28 | $0.21 | $0.21 | $0.27 | $0.10 | $0.32 | $0.58 | $1.26 | $1.32 | $0.64 |
| Low Forecast | $0.48 | $0.44 | $0.41 | $0.46 | $0.40 | $0.40 | $0.34 | $0.34 | $0.33 | $0.29 | $0.27 | $0.19 | $0.18 | $0.25 | $0.09 | $0.30 | $0.55 | $1.18 | $1.07 | $0.52 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.23% | - | 16.71% | 2.46% | 0.53% | 2.71% | 1.36% | -4.07% |
According to 2 Wall Street analysts, Crescent Energy Company's projected average Quarter EPS for Mar 24 is $0.20, with a low estimate of $0.19 and a high estimate of $0.21. This represents a -67.14% decrease compared to CRGY previous annual EPS of $0.61 (Dec 23).
Crescent Energy Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GPRK | GeoPark | $7.82 | $17.00 | 117.39% | Buy |
| VTLE | Vital Energy | $29.42 | $60.83 | 106.76% | Hold |
| CRGY | Crescent Energy Company | $10.99 | $16.83 | 53.14% | Buy |
| PR | Permian Resources | $13.88 | $18.25 | 31.48% | Buy |
| GPOR | Gulfport Energy | $147.00 | $171.50 | 16.67% | Buy |
| MGY | Magnolia Oil & Gas | $24.83 | $25.50 | 2.70% | Buy |
| CNX | CNX Resources | $28.51 | $26.75 | -6.17% | Hold |
| CRK | Comstock Resources | $9.92 | $8.33 | -16.03% | Hold |
CRGY Forecast FAQ
Is Crescent Energy Company a good buy?
Yes, according to 7 Wall Street analysts, Crescent Energy Company (CRGY) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 100.00% of CRGY's total ratings.
What is CRGY's price target?
Crescent Energy Company (CRGY) average price target is $16.83 with a range of $14 to $20, implying a 52.79% from its last price of $11.02. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Crescent Energy Company stock go up soon?
According to Wall Street analysts' prediction for CRGY stock, the company can go up by 52.79% (from the last price of $11.02 to the average price target of $16.83), up by 81.57% based on the highest stock price target, and up by 27.10% based on the lowest stock price target.
Can Crescent Energy Company stock reach $20?
CRGY's average twelve months analyst stock price target of $16.83 does not support the claim that Crescent Energy Company can reach $20 in the near future.
What are Crescent Energy Company's analysts' financial forecasts?
Crescent Energy Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.68B (high $3.77B, low $3.59B), average EBITDA is $1.84B (high $1.88B, low $1.79B), average net income is $171.96M (high $177.66M, low $166.57M), average SG&A $632.38M (high $648.48M, low $617.13M), and average EPS is $1.52 (high $1.57, low $1.47). CRGY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.62B (high $3.71B, low $3.53B), average EBITDA is $1.81B (high $1.86B, low $1.77B), average net income is $208.05M (high $214.93M, low $201.52M), average SG&A $622.96M (high $638.82M, low $607.94M), and average EPS is $1.84 (high $1.9, low $1.78).
Did the CRGY's actual financial results beat the analysts' financial forecasts?
Based on Crescent Energy Company's last annual report (Dec 2023), the company's revenue was $2.38B, beating the average analysts forecast of $2.15B by 10.64%. Apple's EBITDA was $1.16B, beating the average prediction of $1.08B by 7.69%. The company's net income was $67.61M, missing the average estimation of $96.46M by -29.91%. Apple's SG&A was $428.48M, beating the average forecast of $370.43M by 15.67%. Lastly, the company's EPS was $1.02, beating the average prediction of $0.852 by 19.73%. In terms of the last quarterly report (Dec 2023), Crescent Energy Company's revenue was $657.73M, beating the average analysts' forecast of $595.27M by 10.49%. The company's EBITDA was $303.67M, beating the average prediction of $297.58M by 2.05%. Crescent Energy Company's net income was $55.54M, beating the average estimation of $21.39M by 159.67%. The company's SG&A was $119.25M, beating the average forecast of $102.4M by 16.46%. Lastly, the company's EPS was $0.61, beating the average prediction of $0.189 by 222.94%