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Crescent Energy Company (CRGY) Stock Forecast, Price Target & Predictions

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CRGY Stock Forecast

Crescent Energy Company stock forecast is as follows: an average price target of $16.86 (represents a 22.17% upside from CRGY’s last price of $13.80) 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 $16.86 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 22.17% upside from CRGY's last price of $13.80.

CRGY Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 24, 2024Stephen RichardsonEvercore ISI$17.00$11.4348.73%23.19%
Jul 17, 2024John AbbottWolfe Research$16.00$12.3129.98%15.94%
Jun 27, 2024Tim RezvanKeyBanc$16.00$11.9334.12%15.94%
May 24, 2024John FreemanRaymond James$18.00$12.4244.93%30.43%
May 23, 2024Neal DingmannTruist Financial$20.00$12.3262.27%44.93%
May 13, 2024William JaneMizuho Securities$14.00$12.1615.13%1.45%
Mar 22, 2024Nitin KumarMizuho Securities$13.00$11.2515.56%-5.80%
Sep 27, 2023Mike SciallaStephens$17.00$13.0330.47%23.19%
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The latest Crescent Energy Company stock forecast, released on Sep 24, 2024 by Stephen Richardson from Evercore ISI, set a price target of $17.00, which represents a 48.73% increase from the stock price at the time of the forecast ($11.43), and a 23.19% increase from CRGY last price ($13.80).

Crescent Energy Company Price Target by Period

1M3M12M
# Anlaysts-17
Avg Price Target-$17.00$16.29
Last Closing Price$13.80$13.80$13.80
Upside/Downside-100.00%23.19%18.04%

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 $13.80. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024Wells FargoBuyBuyHold
Oct 21, 2024StephensUnderperformUnderperformHold
Sep 05, 2024Wells FargoBuyBuyHold
Sep 05, 2024Wells FargoOverweightOverweightHold
Sep 04, 2024KeyBancOverweightOverweightHold
Aug 06, 2024Truist FinancialBuyBuyHold
Aug 06, 2024StephensUnderperformUnderperformHold
Jul 17, 2024Wolfe Research-OutperformInitialise
Jun 26, 2024KeyBanc-OverweightInitialise
May 24, 2024Raymond JamesStrong BuyStrong BuyHold
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Crescent Energy Company's last stock rating was published by Wells Fargo on Oct 21, 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Revenue------------$657.73M-$492.34M$590.14M$684.76M$864.96M$908.43M$598.91M
Avg Forecast$947.33M$918.00M$894.00M$922.00M$918.16M$898.49M$880.21M$887.44M$891.42M$786.48M$616.83M$583.33M$595.27M$598.42M$468.12M$491.64M$563.29M$661.67M$644.00M$433.00M
High Forecast$1.00B$972.53M$947.11M$976.77M$972.70M$951.86M$932.50M$966.09M$929.81M$815.50M$616.83M$583.33M$598.45M$602.59M$495.93M$520.84M$596.75M$661.67M$644.00M$433.00M
Low Forecast$899.12M$871.28M$848.50M$875.07M$871.43M$852.75M$835.41M$825.61M$853.64M$757.46M$616.83M$583.33M$592.09M$594.24M$444.29M$466.61M$534.62M$661.67M$644.00M$433.00M
# Analysts33334446632242221111
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 $583.33M, and a high forecast of $583.33M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
# Analysts33334446632242221111
EBITDA------------$303.67M-$195.43M$297.46M$410.58M$562.17M$635.47M$359.65M
Avg Forecast$473.58M$458.92M$446.92M$460.92M$459.00M$449.16M$440.03M$443.64M$445.64M$393.17M$308.36M$291.62M$297.58M$299.16M$234.02M$245.78M$281.59M$330.78M$321.94M$15.71M
High Forecast$501.72M$486.18M$473.47M$488.30M$486.27M$475.85M$466.17M$482.96M$464.83M$407.68M$308.36M$291.62M$299.17M$301.24M$247.92M$260.38M$298.32M$330.78M$321.94M$18.85M
Low Forecast$449.48M$435.56M$424.17M$437.46M$435.64M$426.30M$417.63M$412.73M$426.75M$378.67M$308.36M$291.62M$295.99M$297.07M$222.11M$233.27M$267.26M$330.78M$321.94M$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 $291.62M and a low of $291.62M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
# Analysts33334446632242221111
Net Income------------$55.53M-$75.83M$255.61M$49.36M$555.35M$281.90M$-406.01M
Avg Forecast$78.43M$69.01M$67.67M$73.51M$68.35M$61.79M$57.01M$59.66M$58.61M$81.65M$40.35M$29.39M$27.70M$38.31M$13.68M$45.21M$82.89M$137.57M$138.13M$-151.41M
High Forecast$84.49M$74.34M$72.90M$79.19M$73.63M$66.56M$61.42M$67.12M$66.12M$87.96M$40.92M$29.42M$30.33M$38.34M$14.74M$48.71M$89.29M$140.78M$141.84M$-121.13M
Low Forecast$73.24M$64.45M$63.19M$68.65M$63.83M$57.70M$53.24M$46.24M$52.60M$76.25M$39.77M$29.35M$26.38M$38.29M$12.78M$42.22M$77.41M$134.36M$134.43M$-181.69M
Surprise %------------2.01%-5.54%5.65%0.60%4.04%2.04%2.68%

Crescent Energy Company's average Quarter net income forecast for Mar 24 is $29.39M, with a range of $29.35M to $29.42M. CRGY's average Quarter net income forecast represents a -47.08% decrease compared to the company's last Quarter net income of $55.53M (Dec 23).

Crescent Energy Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
# Analysts33334446632242221111
SG&A------------$119.25M-$92.69M$68.64M$82.07M$81.64M$80.66M$77.61M
Avg Forecast$162.96M$157.91M$153.78M$158.60M$157.94M$154.55M$151.41M$152.65M$153.34M$135.29M$106.11M$100.34M$102.40M$102.94M$80.52M$84.57M$96.89M$113.82M$110.78M$138.25M
High Forecast$172.64M$167.29M$162.92M$168.02M$167.32M$163.74M$160.41M$166.18M$159.94M$140.28M$106.11M$100.34M$102.94M$103.66M$85.31M$89.59M$102.65M$113.82M$110.78M$165.90M
Low Forecast$154.66M$149.87M$145.96M$150.53M$149.90M$146.69M$143.70M$142.02M$146.84M$130.30M$106.11M$100.34M$101.85M$102.22M$76.43M$80.27M$91.96M$113.82M$110.78M$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 $100.34M to $100.34M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
# Analysts33334446632242221111
EPS------------$0.61-$1.56$0.76$0.30$3.29$1.66$-2.40
Avg Forecast$0.53$0.47$0.46$0.50$0.47$0.42$0.39$0.41$0.40$0.56$0.28$0.20$0.19$0.26$0.09$0.31$0.57$1.22$1.22$0.59
High Forecast$0.58$0.51$0.50$0.54$0.50$0.45$0.42$0.46$0.45$0.60$0.28$0.20$0.21$0.26$0.10$0.33$0.61$1.24$1.25$0.59
Low Forecast$0.50$0.44$0.43$0.47$0.44$0.39$0.36$0.32$0.36$0.52$0.27$0.20$0.18$0.26$0.09$0.29$0.53$1.19$1.19$0.59
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 $0.20 and a high estimate of $0.20. 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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GPRKGeoPark$8.21$17.00107.06%Buy
VTLEVital Energy$30.40$57.8390.23%Hold
CRGYCrescent Energy Company$13.80$16.8622.17%Buy
PRPermian Resources$15.13$17.9218.44%Buy
GPORGulfport Energy$161.16$170.405.73%Buy
MGYMagnolia Oil & Gas$27.08$25.06-7.46%Buy
CNXCNX Resources$38.65$26.75-30.79%Hold
CRKComstock Resources$13.78$9.25-32.87%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 $16.86 with a range of $14 to $20, implying a 22.17% from its last price of $13.8. 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 22.17% (from the last price of $13.8 to the average price target of $16.86), up by 44.93% based on the highest stock price target, and up by 1.45% based on the lowest stock price target.

Can Crescent Energy Company stock reach $20?

CRGY's average twelve months analyst stock price target of $16.86 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 $3.58B (high $3.82B, low $3.39B), average EBITDA is $1.79B (high $1.91B, low $1.69B), average net income is $246.82M (high $268.73M, low $221.01M), average SG&A $616.56M (high $657.65M, low $582.31M), and average EPS is $1.68 (high $1.83, low $1.51). CRGY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.68B (high $3.9B, low $3.49B), average EBITDA is $1.84B (high $1.95B, low $1.75B), average net income is $288.63M (high $310.92M, low $269.53M), average SG&A $633.25M (high $670.87M, low $601.02M), and average EPS is $1.97 (high $2.12, low $1.84).

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 $124.91M by -45.87%. 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 $27.7M by 100.52%. 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%