Comstock Resources (CRK) Stock Forecast, Price Target & Predictions
CRK Stock Forecast
Comstock Resources stock forecast is as follows: an average price target of $8.33 (represents a -16.87% downside from CRK’s last price of $10.02) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
CRK Price Target
The average price target for Comstock Resources (CRK) is $8.33 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $5.00. This represents a potential -16.87% downside from CRK's last price of $10.02.
CRK Analyst Ratings
According to 4 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' (25.00%), 2 'Hold' (50.00%), 1 'Sell' (25.00%), 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 |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Mark Lear | Piper Sandler | $5.00 | $10.51 | -52.43% | -50.10% |
| Jul 22, 2024 | Neal Dingmann | Truist Financial | $9.00 | $10.40 | -13.46% | -10.18% |
| May 13, 2024 | Nitin Kumar | Mizuho Securities | $11.00 | $10.15 | 8.37% | 9.78% |
| Apr 15, 2024 | Nitin Kumar | Mizuho Securities | $10.00 | $9.56 | 4.60% | -0.20% |
| Apr 21, 2022 | - | Piper Sandler | $19.00 | $17.35 | 9.51% | 89.62% |
The latest Comstock Resources stock forecast, released on Aug 15, 2024 by Mark Lear from Piper Sandler, set a price target of $5.00, which represents a -52.43% decrease from the stock price at the time of the forecast ($10.51), and a -50.10% decrease from CRK last price ($10.02).
Comstock Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 4 |
| Avg Price Target | - | $7.00 | $8.75 |
| Last Closing Price | $10.02 | $10.02 | $10.02 |
| Upside/Downside | -100.00% | -30.14% | -12.67% |
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 $10.02. 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 |
|---|---|---|---|---|
| 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 Piper Sandler on Aug 15, 2024. The company Downgrade its CRK rating from "Neutral" to "Underweight".
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 | Jul 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 | - | $524.84M | $655.38M | $511.18M | $343.69M | $340.49M | $274.77M | $178.01M | $179.53M | $225.88M | $289.25M | $224.44M |
| Avg Forecast | $605.00M | $598.00M | $590.00M | $583.00M | $494.71M | $455.63M | $441.76M | $454.95M | $416.37M | $346.71M | $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 | $776.44M | $767.45M | $757.19M | $748.20M | $634.90M | $584.74M | $566.95M | $583.87M | $534.36M | $382.74M | $379.91M | $441.43M | $451.63M | $400.37M | $426.23M | $594.39M | $821.86M | $1.03B | $694.51M | $506.53M | $494.71M | $471.58M | $388.92M | $365.72M | $330.68M | $275.03M | $286.89M | $314.70M | $381.95M | $308.33M |
| Low Forecast | $527.69M | $521.59M | $514.61M | $508.50M | $431.50M | $397.41M | $385.32M | $396.82M | $363.17M | $321.32M | $258.20M | $300.01M | $339.66M | $294.45M | $289.68M | $403.97M | $558.56M | $700.22M | $694.51M | $357.10M | $348.76M | $332.46M | $274.19M | $257.83M | $233.13M | $193.90M | $202.26M | $221.86M | $269.27M | $217.37M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.87% | 1.06% | 1.44% | 1.48% | - | 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 | Jul 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 | 3 | 4 | 5 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $195.87M | $124.36M | $279.29M | $655.16M | $900.20M | - | $447.66M | $603.89M | $-85.64M | $-69.55M | $8.85M | $289.24M | $-9.67M | $94.09M | $216.65M | $233.69M | $141.90M |
| Avg Forecast | $426.01M | $421.08M | $415.44M | $410.51M | $348.35M | $320.82M | $311.06M | $320.35M | $293.18M | $244.13M | $208.44M | $11.81M | $283.04M | $243.00M | $233.86M | $10.73M | $450.93M | $-108.33M | $489.03M | $9.76M | $282.77M | $-85.64M | $-54.09M | $8.51M | $190.90M | $157.20M | $163.98M | $62.24M | $121.84M | $48.44M |
| High Forecast | $546.72M | $540.40M | $533.17M | $526.84M | $447.06M | $411.74M | $399.21M | $411.13M | $376.26M | $269.50M | $267.51M | $14.17M | $318.01M | $281.92M | $300.12M | $12.88M | $578.70M | $-86.66M | $489.03M | $11.71M | $348.34M | $-68.51M | $-43.27M | $10.22M | $229.08M | $193.66M | $202.01M | $74.68M | $146.21M | $58.13M |
| Low Forecast | $371.57M | $367.27M | $362.36M | $358.06M | $303.84M | $279.83M | $271.32M | $279.42M | $255.72M | $226.26M | $181.81M | $9.45M | $239.17M | $207.33M | $203.97M | $8.59M | $393.31M | $-130.00M | $489.03M | $7.81M | $245.58M | $-102.76M | $-64.91M | $6.81M | $152.72M | $136.53M | $142.42M | $49.79M | $97.47M | $38.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.53% | 26.02% | 1.45% | -8.31% | - | 45.88% | 2.14% | 1.00% | 1.29% | 1.04% | 1.52% | -0.06% | 0.57% | 3.48% | 1.92% | 2.93% |
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 | Jul 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 | 3 | 4 | 5 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.72M | $-45.71M | $134.50M | $519.82M | $355.60M | - | $-111.42M | $360.40M | $-288.31M | $-179.69M | $-134.13M | $81.92M | $-126.49M | $-49.88M | $42.03M | $55.12M | $6.79M |
| Avg Forecast | $97.47M | $72.07M | $68.64M | $88.25M | $64.41M | $42.84M | $40.00M | $53.02M | $22.44M | $-24.83M | $-47.28M | $-129.32M | $33.96M | $15.35M | $14.98M | $-117.56M | $246.03M | $-364.71M | $263.56M | $-106.88M | $387.43M | $-288.31M | $-139.76M | $-129.09M | $54.07M | $-493.06K | $-422.42K | $24.62M | $55.12M | $5.34M |
| High Forecast | $133.37M | $98.62M | $93.93M | $120.76M | $88.14M | $58.62M | $54.73M | $72.56M | $30.71M | $-7.45M | $-39.43M | $-103.46M | $55.19M | $52.64M | $20.50M | $-94.05M | $336.66M | $-291.77M | $263.56M | $-85.50M | $464.92M | $-230.64M | $-111.81M | $-103.27M | $64.88M | $-408.76K | $-350.20K | $29.55M | $66.14M | $6.40M |
| Low Forecast | $81.28M | $60.10M | $57.24M | $73.59M | $53.71M | $35.72M | $33.35M | $44.22M | $18.71M | $-34.76M | $-64.70M | $-155.18M | $21.23M | $6.58M | $12.49M | $-141.08M | $205.16M | $-437.65M | $263.56M | $-128.25M | $309.94M | $-345.97M | $-167.72M | $-154.91M | $43.26M | $-641.71K | $-549.78K | $19.70M | $44.09M | $4.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | -3.05% | -1.14% | 2.11% | -0.98% | - | 1.04% | 0.93% | 1.00% | 1.29% | 1.04% | 1.52% | 256.55% | 118.07% | 1.71% | 1.00% | 1.27% |
Comstock Resources's average Quarter net income forecast for Dec 23 is $33.96M, with a range of $21.23M to $55.19M. CRK's average Quarter net income forecast represents a 130.71% 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 | Jul 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 | 3 | 4 | 5 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.59M | $10.04M | $12.37M | $11.95M | $10.16M | - | $8.22M | $10.99M | $8.05M | $7.87M | $8.03M | $6.05M | $8.97M | $8.30M | $8.72M | $6.48M | $8.11M |
| Avg Forecast | $15.66M | $15.48M | $15.27M | $15.09M | $12.80M | $11.79M | $11.43M | $11.77M | $10.78M | $8.97M | $7.66M | $9.54M | $10.40M | $8.93M | $8.59M | $8.68M | $16.57M | $10.19M | $17.97M | $7.89M | $11.82M | $8.05M | $6.12M | $7.73M | $3.99M | $5.78M | $6.03M | $5.11M | $6.48M | $6.37M |
| High Forecast | $20.09M | $19.86M | $19.60M | $19.36M | $16.43M | $15.13M | $14.67M | $15.11M | $13.83M | $9.90M | $9.83M | $11.45M | $11.69M | $10.36M | $11.03M | $10.41M | $21.27M | $12.22M | $17.97M | $9.46M | $14.18M | $9.66M | $7.35M | $9.27M | $4.79M | $7.12M | $7.42M | $6.13M | $7.78M | $7.64M |
| Low Forecast | $13.66M | $13.50M | $13.32M | $13.16M | $11.17M | $10.28M | $9.97M | $10.27M | $9.40M | $8.32M | $6.68M | $7.63M | $8.79M | $7.62M | $7.50M | $6.94M | $14.45M | $8.15M | $17.97M | $6.31M | $9.45M | $6.44M | $4.90M | $6.18M | $3.19M | $5.02M | $5.23M | $4.09M | $5.19M | $5.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.17% | 1.43% | 0.72% | 1.00% | - | 1.04% | 0.93% | 1.00% | 1.29% | 1.04% | 1.52% | 1.55% | 1.38% | 1.71% | 1.00% | 1.27% |
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 | Jul 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 | 3 | 4 | 5 | 4 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 8 | 5 | 5 | 10 | 7 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $-0.17 | $0.49 | $2.08 | $1.50 | - | $-0.48 | $1.55 | $-1.26 | $-0.80 | $-0.60 | $0.34 | $-0.57 | $-0.29 | $0.16 | $0.22 | $-0.01 |
| Avg Forecast | $0.34 | $0.25 | $0.24 | $0.30 | $0.22 | $0.15 | $0.14 | $0.18 | $0.08 | $-0.09 | $-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 | $0.46 | $0.34 | $0.32 | $0.42 | $0.30 | $0.20 | $0.19 | $0.25 | $0.11 | $-0.03 | $-0.14 | $-0.05 | $0.19 | $0.18 | $0.07 | $0.48 | $1.16 | $1.60 | $0.95 | $0.66 | $0.53 | $0.45 | $0.23 | $0.19 | $0.12 | $-0.00 | $-0.00 | $0.09 | $0.27 | $0.16 |
| Low Forecast | $0.28 | $0.21 | $0.20 | $0.25 | $0.19 | $0.12 | $0.12 | $0.15 | $0.06 | $-0.12 | $-0.22 | $-0.08 | $0.07 | $0.02 | $0.04 | $0.29 | $0.71 | $0.98 | $0.95 | $0.42 | $0.34 | $0.29 | $0.14 | $0.12 | $0.08 | $-0.00 | $-0.00 | $0.06 | $0.17 | $0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | -3.29% | 1.40% | 2.45% | 1.28% | - | -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 | $26.43 | $60.83 | 130.16% | Hold |
| MTDR | Matador Resources Company | $49.84 | $78.00 | 56.50% | Buy |
| AR | Antero Resources | $26.49 | $39.65 | 49.68% | Buy |
| SWN | Southwestern Energy Company | $6.26 | $8.85 | 41.37% | Hold |
| CHK | Chesapeake Energy | $73.22 | $103.27 | 41.04% | Buy |
| PR | Permian Resources | $13.49 | $18.25 | 35.29% | Buy |
| EQT | EQT | $33.19 | $41.00 | 23.53% | Buy |
| RRC | Range Resources | $29.03 | $31.00 | 6.79% | Buy |
| MGY | Magnolia Oil & Gas | $23.84 | $25.31 | 6.17% | Buy |
| CRK | Comstock Resources | $10.02 | $8.33 | -16.87% | Hold |
CRK Forecast FAQ
Is Comstock Resources a good buy?
No, according to 4 Wall Street analysts, Comstock Resources (CRK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of CRK's total ratings.
What is CRK's price target?
Comstock Resources (CRK) average price target is $8.33 with a range of $5 to $11, implying a -16.87% from its last price of $10.02. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Comstock Resources stock go up soon?
According to Wall Street analysts' prediction for CRK stock, the company can go down by -16.87% (from the last price of $10.02 to the average price target of $8.33), up by 9.78% based on the highest stock price target, and down by -50.10% based on the lowest stock price target.
Can Comstock Resources stock reach $20?
CRK's average twelve months analyst stock price target of $8.33 does not support the claim that Comstock Resources can reach $20 in the near future.
What are Comstock Resources's analysts' financial forecasts?
Comstock Resources's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.85B (high $2.37B, low $1.61B), average EBITDA is $1.3B (high $1.67B, low $1.13B), average net income is $200.27M (high $274.05M, low $167M), average SG&A $47.8M (high $61.34M, low $41.69M), and average EPS is $0.691 (high $0.946, low $0.577). CRK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.38B (high $3.05B, low $2.07B), average EBITDA is $1.67B (high $2.15B, low $1.46B), average net income is $326.43M (high $446.68M, low $272.21M), average SG&A $61.49M (high $78.91M, low $53.63M), and average EPS is $1.13 (high $1.54, low $0.94).
Did the CRK's actual financial results beat the analysts' financial forecasts?
Based on Comstock Resources's last annual report (Dec 2022), the company's revenue was $3.63B, beating the average analysts forecast of $2.55B by 42.34%. Apple's EBITDA was $2.77B, beating the average prediction of $841.39M by 229.40%. The company's net income was $1.14B, beating the average estimation of $38.01M by 2901.86%. Apple's SG&A was $39.4M, missing the average forecast of $52.62M by -25.11%. Lastly, the company's EPS was $4.75, beating the average prediction of $3.47 by 36.72%. In terms of the last quarterly report (Sep 2023), Comstock Resources's revenue was $376.74M, beating the average analysts' forecast of $345.1M by 9.17%. The company's EBITDA was $195.87M, missing the average prediction of $243M by -19.40%. Comstock Resources's net income was $14.72M, missing the average estimation of $15.35M by -4.13%. The company's SG&A was $9.59M, beating the average forecast of $8.93M by 7.34%. Lastly, the company's EPS was $0.05, missing the average prediction of $0.053 by -5.67%