Comstock Resources (CRK) Stock Forecast, Price Target & Predictions
CRK Stock Forecast
Comstock Resources stock forecast is as follows: an average price target of $9.25 (represents a -32.87% downside from CRK’s last price of $13.78) 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 $9.25 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 -32.87% downside from CRK's last price of $13.78.
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% | -20.17% |
| Sep 30, 2024 | Neal Dingmann | Truist Financial | $10.00 | $11.10 | -9.91% | -27.43% |
| Aug 15, 2024 | Mark Lear | Piper Sandler | $5.00 | $10.51 | -52.43% | -63.72% |
| Jul 22, 2024 | Neal Dingmann | Truist Financial | $9.00 | $10.40 | -13.46% | -34.69% |
| May 13, 2024 | Nitin Kumar | Mizuho Securities | $11.00 | $10.15 | 8.37% | -20.17% |
| Apr 15, 2024 | Nitin Kumar | Mizuho Securities | $10.00 | $9.56 | 4.60% | -27.43% |
| Apr 21, 2022 | - | Piper Sandler | $19.00 | $17.35 | 9.51% | 37.88% |
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 -20.17% decrease from CRK last price ($13.78).
Comstock Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $8.67 | $9.33 |
| Last Closing Price | $13.78 | $13.78 | $13.78 |
| Upside/Downside | -100.00% | -37.08% | -32.29% |
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 $13.78. 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 | $592.50M | $514.50M | $508.00M | $571.50M | $474.36M | $442.53M | $412.63M | $422.98M | $380.51M | $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 | $642.28M | $557.73M | $550.68M | $619.52M | $514.22M | $479.71M | $447.30M | $454.65M | $421.98M | $334.69M | $296.02M | $343.97M | $451.63M | $400.37M | $360.02M | $502.06M | $694.20M | $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 | $549.20M | $476.90M | $470.88M | $529.74M | $439.70M | $410.19M | $382.47M | $388.96M | $352.58M | $286.19M | $296.02M | $343.97M | $339.66M | $294.45M | $307.85M | $429.30M | $593.60M | $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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $417.20M | $362.28M | $357.70M | $402.42M | $334.02M | $311.60M | $290.55M | $297.84M | $267.93M | $217.40M | $208.44M | $11.81M | $283.04M | $243.00M | $233.86M | $10.73M | $450.93M | $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 | $452.26M | $392.72M | $387.76M | $436.23M | $362.08M | $337.79M | $314.96M | $320.14M | $297.14M | $235.67M | $208.44M | $14.17M | $318.01M | $281.92M | $253.51M | $12.88M | $488.81M | $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 | $386.72M | $335.81M | $331.56M | $373.01M | $309.61M | $288.83M | $269.32M | $273.89M | $248.26M | $201.51M | $208.44M | $9.45M | $239.17M | $207.33M | $216.77M | $8.59M | $417.97M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.53% | 26.02% | 1.45% | 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 $283.04M, with a high of $318.01M and a low of $239.17M. This is 44.51% 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $82.23M | $47.64M | $45.36M | $73.31M | $52.16M | $36.65M | $22.60M | $31.70M | $6.39M | $-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 | $91.22M | $52.84M | $50.31M | $81.32M | $57.85M | $40.66M | $25.07M | $49.32M | $31.96M | $-42.30M | $-42.86M | $-103.46M | $55.28M | $52.73M | $16.64M | $-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 | $74.42M | $43.11M | $41.05M | $66.35M | $47.20M | $33.17M | $20.46M | $21.14M | $-31.96M | $-51.84M | $-52.54M | $-155.18M | $21.26M | $6.59M | $13.58M | $-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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $15.33M | $13.31M | $13.15M | $14.79M | $12.28M | $11.45M | $10.68M | $10.95M | $9.85M | $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 | $16.62M | $14.43M | $14.25M | $16.03M | $13.31M | $12.41M | $11.58M | $11.77M | $10.92M | $8.66M | $7.66M | $11.45M | $11.69M | $10.36M | $9.32M | $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 | $14.21M | $12.34M | $12.19M | $13.71M | $11.38M | $10.62M | $9.90M | $10.07M | $9.12M | $7.41M | $7.66M | $7.63M | $8.79M | $7.62M | $7.97M | $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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 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 | $0.28 | $0.16 | $0.16 | $0.25 | $0.18 | $0.13 | $0.08 | $0.11 | $0.02 | $-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 | $0.31 | $0.18 | $0.17 | $0.28 | $0.20 | $0.14 | $0.09 | $0.17 | $0.11 | $-0.15 | $-0.15 | $-0.05 | $0.19 | $0.18 | $0.06 | $0.39 | $0.94 | $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 | $0.26 | $0.15 | $0.14 | $0.23 | $0.16 | $0.11 | $0.07 | $0.07 | $-0.11 | $-0.18 | $-0.18 | $-0.06 | $0.07 | $0.02 | $0.05 | $0.32 | $0.77 | $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 | $30.40 | $57.83 | 90.23% | Hold |
| MTDR | Matador Resources Company | $57.99 | $73.11 | 26.07% | Buy |
| AR | Antero Resources | $31.19 | $37.58 | 20.49% | Buy |
| PR | Permian Resources | $15.13 | $17.92 | 18.44% | Buy |
| EQT | EQT | $43.31 | $41.53 | -4.11% | Buy |
| RRC | Range Resources | $33.91 | $31.53 | -7.02% | Buy |
| MGY | Magnolia Oil & Gas | $27.08 | $25.06 | -7.46% | Buy |
| CRK | Comstock Resources | $13.78 | $9.25 | -32.87% | Hold |