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


OverviewRevenueOwnershipFinancialsChartTranscripts

CRGY Stock Forecast


Crescent Energy (CRGY) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $17.33, with a high of $18.00 and a low of $17.00. This represents a 10.81% increase from the last price of $15.64.

$10 $11 $12 $13 $14 $15 $16 $17 $18 High: $18 Avg: $17.33 Low: $17 Last Closed Price: $15.64

CRGY Stock Rating


Crescent Energy stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 1 Strong Buy (14.29%), 6 Buy (85.71%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 6 1 Strong Sell Sell Hold Buy Strong Buy

CRGY Forecast vs Benchmarks


TypeNameUpside
StockCrescent Energy10.81%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Exploration & Production Stocks27.32%

Price Target Trends


1M3M12M
# Anlaysts129
Avg Price Target$17.00$17.50$16.56
Last Closing Price$15.64$15.64$15.64
Upside/Downside8.70%11.89%5.88%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-82--10
Dec, 24-83--11
Nov, 24483--15
Oct, 24483--15
Sep, 24482--14
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 03, 2025John AbbottWolfe Research$17.00$15.1712.06%8.70%
Dec 04, 2024Neal DingmannTruist Financial$18.00$14.4724.40%15.09%
Sep 24, 2024Stephen RichardsonEvercore ISI$17.00$11.4348.73%8.70%
Jul 17, 2024John AbbottWolfe Research$16.00$12.3129.98%2.30%
Jun 27, 2024Tim RezvanKeyBanc$16.00$11.9334.12%2.30%
May 24, 2024John FreemanRaymond James$18.00$12.4244.93%15.09%
May 23, 2024Neal DingmannTruist Financial$20.00$12.3362.21%27.88%
May 13, 2024William JaneMizuho Securities$14.00$12.1615.13%-10.49%
Mar 22, 2024Nitin KumarMizuho Securities$13.00$11.2515.56%-16.88%
Sep 27, 2023Mike SciallaStephens$17.00$13.0330.47%8.70%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 03, 2025Wolfe ResearchOutperformOutperformhold
Oct 21, 2024Wells FargoBuyBuyhold
Sep 05, 2024Wells FargoBuyBuyhold
Sep 05, 2024Wells FargoOverweightOverweighthold
Sep 04, 2024KeyBancOverweightOverweighthold
Aug 06, 2024Truist FinancialBuyBuyhold
Jul 17, 2024Wolfe ResearchOutperforminitialise
Jun 26, 2024KeyBancOverweightinitialise
May 24, 2024Raymond JamesStrong BuyStrong Buyhold
May 13, 2024William BlairBuyBuyhold

Financial Forecast


EPS Forecast

Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.84$1.02-----
Avg Forecast$2.33$1.00$1.62$2.14$2.18$2.13$2.33
High Forecast$2.09$0.96$1.54$1.66$1.88$1.93$2.10
Low Forecast$2.47$1.03$1.79$2.85$2.86$2.41$2.63
Surprise %21.89%2.00%-----

Revenue Forecast

$2B $3B $3B $4B $4B $5B Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.06B$2.38B-----
Avg Forecast$2.50B$2.34B$2.94B$3.86B$3.90B$3.80B$3.72B
High Forecast$2.30B$2.16B$2.92B$3.46B$3.89B$3.52B$3.45B
Low Forecast$2.61B$2.57B$2.95B$4.27B$3.90B$4.18B$4.09B
Surprise %22.30%1.88%-----

Net Income Forecast

$50M $140M $230M $320M $410M $500M Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$480.60M$67.61M-----
Avg Forecast$157.02M$67.61M$112.18M$151.88M$159.86M$143.79M$157.05M
High Forecast$140.87M$64.49M$103.97M$111.94M$126.89M$129.90M$141.88M
Low Forecast$166.22M$69.10M$120.39M$191.81M$192.84M$162.33M$177.30M
Surprise %206.08%------

CRGY Forecast FAQ


Is Crescent Energy stock a buy?

Crescent Energy stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 6 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Crescent Energy is a favorable investment for most analysts.

What is Crescent Energy's price target?

Crescent Energy's price target, set by 7 Wall Street analysts, averages $17.33 over the next 12 months. The price target range spans from $17 at the low end to $18 at the high end, suggesting a potential 10.81% change from the previous close price of $15.64.

How does Crescent Energy stock forecast compare to the average forecast of its sector, industry, and investment themes?

Crescent Energy stock forecast shows a 10.81% upside, underperforming the average forecast for the energy stocks sector (25.44%) and underperforming the oil & gas exploration & production stocks industry (27.32%).

What is the breakdown of analyst ratings for Crescent Energy over the past three months?

  • January 2025: 0% Strong Buy, 80.00% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 72.73% Buy, 27.27% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 26.67% Strong Buy, 53.33% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.

What is Crescent Energy’s EPS forecast?

Crescent Energy's average annual EPS forecast for its fiscal year ending in December is 1.62 for 2024, a 58.82% increase from the reported $1.02 in 2023. The prediction for 2025 is $2.14, $2.18 for 2026, $2.13 for 2027, and $2.33 for 2028.

What is Crescent Energy’s revenue forecast?

Crescent Energy's average annual revenue forecast for its fiscal year ending in December is $2.94B for 2024, a 23.21% increase from the reported $2.38B in 2023. The forecast for 2025 is $3.86B, $3.9B for 2026, $3.8B for 2027, and $3.72B for 2028.

What is Crescent Energy’s net income forecast?

For its fiscal year ending in December, Crescent Energy's average annual net income forecast is $112.18M for 2024, reflecting an 65.92% increase from the reported $67.61M in 2023. The projection for 2025 is $151.88M, $159.86M for 2026, $143.79M for 2027, and $157.05M for 2028.