Comstock Resources (CRK) Stock Forecast, Price Target & Predictions
CRK Stock Forecast
Comstock Resources stock forecast is as follows: an average price target of $8.67 (represents a -44.71% downside from CRK’s last price of $15.68) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
CRK Price Target
The average price target for Comstock Resources (CRK) is $8.67 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $5.00. This represents a potential -44.71% downside from CRK's last price of $15.68.
CRK Analyst Ratings
According to 5 Wall Street analysts, Comstock Resources's rating consensus is 'Hold'. The analyst rating breakdown for CRK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 3 'Hold' (60.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).
Comstock Resources Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 04, 2024 | Phillip Jungwirth | BMO Capital | $11.00 | $11.95 | -7.95% | -29.85% |
| Sep 30, 2024 | Neal Dingmann | Truist Financial | $10.00 | $11.10 | -9.91% | -36.22% |
| Aug 15, 2024 | Mark Lear | Piper Sandler | $5.00 | $10.51 | -52.43% | -68.11% |
| Jul 22, 2024 | Neal Dingmann | Truist Financial | $9.00 | $10.40 | -13.46% | -42.60% |
| May 13, 2024 | Nitin Kumar | Mizuho Securities | $11.00 | $10.15 | 8.37% | -29.85% |
| Apr 15, 2024 | Nitin Kumar | Mizuho Securities | $10.00 | $9.56 | 4.60% | -36.22% |
| Apr 21, 2022 | Piper Sandler | $19.00 | $17.35 | 9.51% | 21.17% |
The latest Comstock Resources stock forecast, released on Oct 04, 2024 by Phillip Jungwirth from BMO Capital, set a price target of $11.00, which represents a -7.95% decrease from the stock price at the time of the forecast ($11.95), and a -29.85% decrease from CRK last price ($15.68).
Comstock Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $10.50 | $9.33 |
| Last Closing Price | $15.68 | $15.68 | $15.68 |
| Upside/Downside | -100.00% | -33.04% | -40.50% |
In the current month, the average price target of Comstock Resources stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Comstock Resources's last price of $15.68. 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 |
|---|---|---|---|---|
| Oct 04, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Sep 20, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Aug 15, 2024 | Piper Sandler | Neutral | Underweight | Downgrade |
| Jul 17, 2024 | Wolfe Research | Peer Perform | Initialise | |
| Apr 19, 2023 | Citigroup | Sell | Neutral | Upgrade |
| Jan 09, 2023 | KeyBanc | Sector Weight | Downgrade | |
| Dec 07, 2022 | Citigroup | Buy | Sell | Downgrade |
| Aug 03, 2022 | Citigroup | Buy | Initialise | |
| Jul 22, 2022 | Piper Sandler | Neutral | Upgrade | |
| Apr 26, 2022 | Zacks Investment Research | Buy | Upgrade |
Comstock Resources's last stock rating was published by BMO Capital on Oct 04, 2024. The company gave CRK a "Market Perform" rating, the same as its previous rate.
Comstock Resources Financial Forecast
Comstock Resources 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 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $376.74M | $288.21M | $489.58M | $922.38M | $1.19B | $946.25M | $524.84M | $655.38M | $511.18M | $343.69M | $340.49M | $274.77M | $178.01M | $179.53M | $225.88M | $289.25M | $224.44M |
| Avg Forecast | $585.00M | $437.00M | $433.00M | $569.00M | $466.13M | $433.03M | $395.64M | $402.59M | $355.24M | $308.75M | $296.02M | $343.97M | $401.97M | $345.10M | $332.12M | $463.15M | $640.39M | $802.80M | $694.51M | $411.17M | $401.58M | $382.80M | $315.71M | $296.87M | $268.43M | $223.26M | $232.88M | $255.45M | $310.04M | $250.29M |
| High Forecast | $636.01M | $475.11M | $470.76M | $618.62M | $506.77M | $470.78M | $430.14M | $434.87M | $402.48M | $335.67M | $296.02M | $343.97M | $451.63M | $400.37M | $361.08M | $503.53M | $696.23M | $802.80M | $694.51M | $411.17M | $401.58M | $382.80M | $315.71M | $296.87M | $268.43M | $223.26M | $232.88M | $255.45M | $310.04M | $250.29M |
| Low Forecast | $525.31M | $392.41M | $388.82M | $510.95M | $418.57M | $388.84M | $355.27M | $365.11M | $320.91M | $277.25M | $296.02M | $343.97M | $339.66M | $294.45M | $298.23M | $415.89M | $575.05M | $802.80M | $694.51M | $411.17M | $401.58M | $382.80M | $315.71M | $296.87M | $268.43M | $223.26M | $232.88M | $255.45M | $310.04M | $250.29M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.87% | 1.06% | 1.44% | 1.48% | 1.36% | 1.28% | 1.63% | 1.34% | 1.09% | 1.15% | 1.02% | 0.80% | 0.77% | 0.88% | 0.93% | 0.90% |
Comstock Resources's average Quarter revenue forecast for Dec 23 based on 5 analysts is $401.97M, with a low forecast of $339.66M, and a high forecast of $451.63M. CRK's average Quarter revenue forecast represents a 6.70% increase compared to the company's last Quarter revenue of $376.74M (Sep 23).
Comstock Resources 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 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $195.87M | $124.36M | $279.29M | $655.16M | $900.20M | $768.48M | $447.66M | $603.89M | $-85.64M | $-69.55M | $8.85M | $289.24M | $-9.67M | $94.09M | $216.65M | $233.69M | $141.90M |
| Avg Forecast | $338.12M | $252.58M | $250.26M | $328.87M | $269.41M | $250.28M | $228.67M | $232.69M | $205.32M | $178.45M | $171.09M | $11.81M | $232.33M | $199.46M | $191.96M | $10.73M | $370.13M | $565.29M | $489.03M | $9.76M | $282.77M | $269.55M | $222.30M | $8.51M | $189.01M | $157.20M | $163.98M | $62.24M | $218.31M | $176.24M |
| High Forecast | $367.60M | $274.60M | $272.09M | $357.54M | $292.90M | $272.10M | $248.61M | $251.34M | $232.62M | $194.01M | $171.09M | $14.17M | $261.03M | $231.41M | $208.69M | $12.88M | $402.41M | $565.29M | $489.03M | $11.71M | $282.77M | $269.55M | $222.30M | $10.22M | $189.01M | $157.20M | $163.98M | $74.68M | $218.31M | $176.24M |
| Low Forecast | $303.62M | $226.81M | $224.73M | $295.31M | $241.92M | $224.74M | $205.34M | $211.03M | $185.48M | $160.24M | $171.09M | $9.45M | $196.31M | $170.18M | $172.37M | $8.59M | $332.37M | $565.29M | $489.03M | $7.81M | $282.77M | $269.55M | $222.30M | $6.81M | $189.01M | $157.20M | $163.98M | $49.79M | $218.31M | $176.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.65% | 26.02% | 1.77% | 1.59% | 1.57% | 45.88% | 2.14% | -0.32% | -0.31% | 1.04% | 1.53% | -0.06% | 0.57% | 3.48% | 1.07% | 0.81% |
5 analysts predict CRK's average Quarter EBITDA for Dec 23 to be $232.33M, with a high of $261.03M and a low of $196.31M. This is 18.62% upper than Comstock Resources's previous annual EBITDA (Sep 23) of $195.87M.
Comstock Resources 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 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.72M | $-45.71M | $134.50M | $519.82M | $355.60M | $376.89M | $-111.42M | $360.40M | $-288.31M | $-179.69M | $-134.13M | $81.92M | $-126.49M | $-49.88M | $42.03M | $55.12M | $6.79M |
| Avg Forecast | $82.72M | $48.12M | $45.84M | $73.80M | $51.66M | $38.39M | $20.60M | $27.11M | $3.74M | $-46.74M | $-47.36M | $-129.32M | $34.02M | $15.38M | $15.00M | $-117.56M | $426.17M | $338.82M | $274.67M | $-106.88M | $117.05M | $100.12M | $50.17M | $-129.09M | $26.36M | $-515.61K | $-441.75K | $24.62M | $59.11M | $34.88M |
| High Forecast | $92.09M | $53.58M | $51.04M | $82.16M | $57.51M | $42.74M | $22.93M | $38.73M | $11.23M | $-40.54M | $-41.08M | $-103.46M | $55.28M | $52.73M | $16.70M | $-94.05M | $511.41M | $353.59M | $274.67M | $-85.50M | $117.05M | $100.12M | $50.17M | $-103.27M | $26.36M | $-515.61K | $-441.75K | $29.55M | $59.11M | $34.88M |
| Low Forecast | $71.74M | $41.74M | $39.76M | $64.01M | $44.81M | $33.30M | $17.87M | $19.36M | $-14.97M | $-52.04M | $-52.73M | $-155.18M | $21.26M | $6.59M | $13.01M | $-141.08M | $340.94M | $324.05M | $274.67M | $-128.25M | $117.05M | $100.12M | $50.17M | $-154.91M | $26.36M | $-515.61K | $-441.75K | $19.70M | $59.11M | $34.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | -3.05% | -1.14% | 1.22% | 1.05% | 1.37% | 1.04% | 3.08% | -2.88% | -3.58% | 1.04% | 3.11% | 245.32% | 112.91% | 1.71% | 0.93% | 0.19% |
Comstock Resources's average Quarter net income forecast for Dec 23 is $34.02M, with a range of $21.26M to $55.28M. CRK's average Quarter net income forecast represents a 131.11% increase compared to the company's last Quarter net income of $14.72M (Sep 23).
Comstock Resources 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 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.59M | $10.04M | $12.37M | $11.95M | $10.16M | $9.06M | $8.22M | $10.99M | $8.05M | $7.87M | $8.03M | $6.05M | $8.97M | $8.30M | $8.72M | $6.48M | $8.11M |
| Avg Forecast | $15.14M | $11.31M | $11.21M | $14.73M | $12.06M | $11.21M | $10.24M | $10.42M | $9.19M | $7.99M | $7.66M | $9.54M | $10.40M | $8.93M | $8.59M | $8.68M | $13.00M | $20.78M | $17.97M | $7.89M | $10.39M | $9.91M | $8.17M | $7.73M | $6.95M | $5.78M | $6.03M | $5.11M | $8.02M | $6.48M |
| High Forecast | $16.46M | $12.30M | $12.18M | $16.01M | $13.11M | $12.18M | $11.13M | $11.25M | $10.42M | $8.69M | $7.66M | $11.45M | $11.69M | $10.36M | $9.34M | $10.41M | $15.60M | $20.78M | $17.97M | $9.46M | $10.39M | $9.91M | $8.17M | $9.27M | $6.95M | $5.78M | $6.03M | $6.13M | $8.02M | $6.48M |
| Low Forecast | $13.59M | $10.16M | $10.06M | $13.22M | $10.83M | $10.06M | $9.19M | $9.45M | $8.30M | $7.17M | $7.66M | $7.63M | $8.79M | $7.62M | $7.72M | $6.94M | $10.40M | $20.78M | $17.97M | $6.31M | $10.39M | $9.91M | $8.17M | $6.18M | $6.95M | $5.78M | $6.03M | $4.09M | $8.02M | $6.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.17% | 1.43% | 0.92% | 0.49% | 0.50% | 1.04% | 1.06% | 0.81% | 0.96% | 1.04% | 0.87% | 1.55% | 1.38% | 1.71% | 0.81% | 1.25% |
Comstock Resources's average Quarter SG&A projection for Dec 23 is $10.40M, based on 5 Wall Street analysts, with a range of $8.79M to $11.69M. The forecast indicates a 8.52% rise compared to CRK last annual SG&A of $9.59M (Sep 23).
Comstock Resources 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 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $-0.17 | $0.49 | $2.08 | $1.50 | $1.60 | $-0.48 | $1.55 | $-1.26 | $-0.80 | $-0.60 | $0.34 | $-0.57 | $-0.29 | $0.16 | $0.22 | $-0.01 |
| Avg Forecast | $0.29 | $0.17 | $0.16 | $0.25 | $0.18 | $0.13 | $0.07 | $0.09 | $0.01 | $-0.16 | $-0.16 | $-0.06 | $0.12 | $0.05 | $0.05 | $0.35 | $0.85 | $1.17 | $0.95 | $0.51 | $0.40 | $0.35 | $0.17 | $0.14 | $0.09 | $-0.00 | $-0.00 | $0.07 | $0.20 | $0.12 |
| High Forecast | $0.32 | $0.18 | $0.18 | $0.28 | $0.20 | $0.15 | $0.08 | $0.13 | $0.04 | $-0.14 | $-0.14 | $-0.05 | $0.19 | $0.18 | $0.06 | $0.39 | $0.95 | $1.22 | $0.95 | $0.51 | $0.40 | $0.35 | $0.17 | $0.14 | $0.09 | $-0.00 | $-0.00 | $0.07 | $0.20 | $0.12 |
| Low Forecast | $0.25 | $0.14 | $0.14 | $0.22 | $0.15 | $0.11 | $0.06 | $0.07 | $-0.05 | $-0.18 | $-0.18 | $-0.07 | $0.07 | $0.02 | $0.04 | $0.30 | $0.74 | $1.12 | $0.95 | $0.51 | $0.40 | $0.35 | $0.17 | $0.14 | $0.09 | $-0.00 | $-0.00 | $0.07 | $0.20 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | -3.29% | 1.40% | 2.45% | 1.28% | 1.69% | -0.95% | 3.84% | -3.65% | -4.62% | -4.15% | 3.74% | 320.22% | 190.16% | 2.23% | 1.08% | -0.08% |
According to 5 Wall Street analysts, Comstock Resources's projected average Quarter EPS for Dec 23 is $0.12, with a low estimate of $0.07 and a high estimate of $0.19. This represents a 134.48% increase compared to CRK previous annual EPS of $0.05 (Sep 23).
Comstock Resources Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| VTLE | Vital Energy | $29.45 | $48.00 | 62.99% | Hold |
| PR | Permian Resources | $13.97 | $20.00 | 43.16% | Buy |
| MTDR | Matador Resources Company | $55.69 | $74.67 | 34.08% | Buy |
| MGY | Magnolia Oil & Gas | $24.24 | $29.00 | 19.64% | Buy |
| AR | Antero Resources | $31.59 | $35.25 | 11.59% | Buy |
| RRC | Range Resources | $34.15 | $35.88 | 5.07% | Buy |
| EQT | EQT | $44.20 | $43.75 | -1.02% | Buy |
| CRK | Comstock Resources | $16.09 | $8.67 | -46.12% | Hold |