Range Resources (RRC) Stock Forecast, Price Target & Predictions
RRC Stock Forecast
Range Resources stock forecast is as follows: an average price target of $31.00 (represents a 6.79% upside from RRC’s last price of $29.03) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
RRC Price Target
RRC Analyst Ratings
Range Resources Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 04, 2024 | Biju Perincheril | Susquehanna | $31.00 | $28.91 | 7.23% | 6.79% |
Aug 19, 2024 | Cameron Bean | Scotiabank | $45.00 | $31.24 | 44.05% | 55.01% |
Aug 15, 2024 | Mark Lear | Piper Sandler | $31.00 | $29.96 | 3.47% | 6.79% |
Jul 29, 2024 | Roger Read | Wells Fargo | $35.00 | $31.78 | 10.13% | 20.56% |
Jul 22, 2024 | Biju Perincheril | Susquehanna | $36.00 | $33.16 | 8.56% | 24.01% |
Jul 08, 2024 | Lloyd Byrne | Jefferies | $35.00 | $33.75 | 3.70% | 20.56% |
Apr 30, 2024 | Mark Lear | Piper Sandler | $43.00 | $35.91 | 19.74% | 48.12% |
Apr 26, 2024 | Scott Hanold | RBC Capital | $39.00 | $37.65 | 3.59% | 34.34% |
Apr 23, 2024 | Derrick Whitfield | Stifel Nicolaus | $39.00 | $36.11 | 8.00% | 34.34% |
Apr 05, 2024 | Neal Dingmann | Truist Financial | $30.00 | $34.64 | -13.39% | 3.34% |
Range Resources Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 6 | 12 |
Avg Price Target | $38.00 | $35.50 | $34.92 |
Last Closing Price | $29.03 | $29.03 | $29.03 |
Upside/Downside | 30.90% | 22.29% | 20.29% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 04, 2024 | Wells Fargo | Sector Outperform | Sector Outperform | Hold |
Sep 04, 2024 | Susquehanna | Neutral | Neutral | Hold |
Aug 19, 2024 | Scotiabank | Sector Outperform | Outperform | Upgrade |
Aug 15, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
Aug 15, 2024 | Susquehanna | Underperform | Underperform | Hold |
Aug 15, 2024 | Piper Sandler | Overweight | Neutral | Downgrade |
Jul 29, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Jul 22, 2024 | Susquehanna | Neutral | Neutral | Hold |
Jul 17, 2024 | Wolfe Research | - | Peer Perform | Initialise |
Jul 08, 2024 | Stephens | Underperform | Underperform | Hold |
Range Resources Financial Forecast
Range 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | $571.33M | $636.98M | $818.39M | $1.18B | $1.57B | - | $1.12B | $1.26B | $954.86M | $684.40M | $683.91M | $513.36M | $424.04M | $382.85M | $460.75M | $587.11M | $547.77M |
Avg Forecast | $792.15M | $750.17M | $737.67M | $784.23M | $798.09M | $732.51M | $725.76M | $776.75M | $702.86M | $646.56M | $610.91M | $680.28M | $673.62M | $612.75M | $568.18M | $777.98M | $934.24M | $993.60M | $946.76M | $876.87M | $874.92M | $696.04M | $594.39M | $567.36M | $500.51M | $502.04M | $475.00M | $573.26M | $602.31M | $552.20M |
High Forecast | $878.55M | $831.99M | $818.13M | $869.76M | $885.13M | $812.40M | $804.92M | $861.47M | $779.52M | $702.13M | $677.54M | $754.47M | $711.61M | $748.00M | $630.15M | $862.83M | $1.04B | $1.10B | $946.76M | $958.22M | $956.09M | $760.62M | $649.53M | $619.99M | $546.95M | $548.61M | $519.07M | $626.44M | $658.19M | $603.43M |
Low Forecast | $709.46M | $671.86M | $660.66M | $702.36M | $714.77M | $656.04M | $649.99M | $695.66M | $629.49M | $580.37M | $547.13M | $609.26M | $648.28M | $548.03M | $508.87M | $696.76M | $836.71M | $889.88M | $946.76M | $774.00M | $772.28M | $614.39M | $524.66M | $500.80M | $441.80M | $443.14M | $419.28M | $506.00M | $531.65M | $487.42M |
# Analysts | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 9 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.12% | 1.05% | 1.27% | 1.58% | - | 1.28% | 1.44% | 1.37% | 1.15% | 1.21% | 1.03% | 0.84% | 0.81% | 0.80% | 0.97% | 0.99% |
Range 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 9 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $166.54M | $129.96M | $361.50M | $693.91M | $1.03B | - | $580.94M | $1.24B | $-230.03M | $-9.82M | $175.10M | $181.70M | $-639.18M | $-38.73M | $242.71M | $-2.26B | $-27.80M |
Avg Forecast | $355.31M | $336.48M | $330.87M | $351.75M | $357.97M | $328.55M | $325.53M | $348.40M | $315.26M | $290.00M | $274.01M | $-513.85M | $302.14M | $274.84M | $254.85M | $-467.13M | $419.03M | $-290.98M | $424.65M | $-424.67M | $392.43M | $-230.03M | $-9.82M | $121.81M | $272.55M | $-351.55M | $-49.21M | $257.12M | $-1.51B | $-36.14M |
High Forecast | $394.06M | $373.17M | $366.96M | $390.11M | $397.01M | $364.39M | $361.03M | $386.39M | $349.64M | $314.93M | $303.90M | $-411.08M | $319.18M | $335.50M | $282.64M | $-373.71M | $464.74M | $-232.79M | $424.65M | $-339.73M | $428.84M | $-184.02M | $-7.85M | $146.17M | $327.07M | $-281.24M | $-39.37M | $280.98M | $-1.21B | $-28.92M |
Low Forecast | $318.21M | $301.35M | $296.33M | $315.03M | $320.60M | $294.26M | $291.54M | $312.03M | $282.34M | $260.31M | $245.41M | $-616.62M | $290.77M | $245.81M | $228.24M | $-560.56M | $375.29M | $-349.18M | $424.65M | $-509.60M | $346.39M | $-276.03M | $-11.78M | $97.45M | $218.04M | $-421.86M | $-59.06M | $226.96M | $-1.81B | $-43.37M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.61% | 0.51% | -0.77% | 1.66% | -3.55% | - | -1.37% | 3.17% | 1.00% | 1.00% | 1.44% | 0.67% | 1.82% | 0.79% | 0.94% | 1.50% | 0.77% |
Range 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 9 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $48.80M | $30.23M | $481.45M | $814.24M | $373.09M | - | $-456.81M | $891.37M | $-350.27M | $-156.47M | $27.15M | $-30.14M | $-680.05M | $-146.57M | $144.97M | $-1.81B | $-27.58M |
Avg Forecast | $244.57M | $205.16M | $205.50M | $244.34M | $218.24M | $180.11M | $169.80M | $212.63M | $152.04M | $114.63M | $101.71M | $-533.34M | $115.75M | $83.94M | $52.61M | $-484.86M | $290.29M | $-443.09M | $296.19M | $-440.78M | $909.56M | $-350.27M | $-156.47M | $18.89M | $-45.20M | $-374.03M | $-186.23M | $782.87M | $-1.20B | $-35.86M |
High Forecast | $279.25M | $234.25M | $234.63M | $278.99M | $249.19M | $205.64M | $193.88M | $242.78M | $173.60M | $151.95M | $116.13M | $-426.67M | $140.91M | $119.92M | $60.07M | $-387.89M | $331.45M | $-354.47M | $296.19M | $-352.62M | $1.09B | $-280.21M | $-125.18M | $22.67M | $-36.16M | $-299.22M | $-148.98M | $939.44M | $-962.84M | $-28.68M |
Low Forecast | $211.38M | $177.32M | $177.61M | $211.18M | $188.63M | $155.66M | $146.76M | $183.78M | $131.41M | $71.98M | $87.91M | $-640.01M | $93.10M | $50.37M | $45.47M | $-581.83M | $250.89M | $-531.71M | $296.19M | $-528.94M | $727.65M | $-420.32M | $-187.77M | $15.11M | $-54.24M | $-448.83M | $-223.47M | $626.29M | $-1.44B | $-43.03M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.57% | -0.99% | 2.80% | -0.84% | - | 1.04% | 0.98% | 1.00% | 1.00% | 1.44% | 0.67% | 1.82% | 0.79% | 0.19% | 1.50% | 0.77% |
Range 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 9 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $38.09M | $84.39M | $43.15M | $41.07M | $41.12M | - | $43.03M | $407.87M | $49.06M | $40.24M | $38.00M | $40.72M | $38.15M | $76.45M | $359.64M | $388.84M | $416.90M |
Avg Forecast | $46.74M | $44.26M | $43.52M | $46.27M | $47.09M | $43.22M | $42.82M | $45.83M | $41.47M | $38.15M | $36.04M | $50.23M | $39.74M | $36.15M | $33.52M | $45.67M | $55.12M | $62.06M | $55.86M | $41.52M | $416.19M | $49.06M | $40.24M | $26.44M | $61.08M | $20.98M | $97.14M | $33.82M | $259.22M | $541.97M |
High Forecast | $51.84M | $49.09M | $48.27M | $51.32M | $52.22M | $47.93M | $47.49M | $50.83M | $45.99M | $41.43M | $39.98M | $60.28M | $41.99M | $44.13M | $37.18M | $54.80M | $61.13M | $74.47M | $55.86M | $49.82M | $499.43M | $58.87M | $48.29M | $31.73M | $73.30M | $25.18M | $116.56M | $36.96M | $311.07M | $650.36M |
Low Forecast | $41.86M | $39.64M | $38.98M | $41.44M | $42.17M | $38.71M | $38.35M | $41.05M | $37.14M | $34.24M | $32.28M | $40.19M | $38.25M | $32.33M | $30.02M | $36.53M | $49.37M | $49.65M | $55.86M | $33.21M | $332.96M | $39.25M | $32.19M | $21.15M | $48.86M | $16.79M | $77.71M | $29.86M | $207.38M | $433.57M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 2.52% | 0.94% | 0.75% | 0.66% | - | 1.04% | 0.98% | 1.00% | 1.00% | 1.44% | 0.67% | 1.82% | 0.79% | 10.63% | 1.50% | 0.77% |
Range 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 | 10 | 7 | 5 | 5 | 8 | 5 | 4 | 4 | 8 | 11 | 5 | 4 | 9 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.20 | $0.13 | $1.98 | $3.38 | $1.52 | - | $-1.86 | $3.66 | $-1.44 | $-0.65 | $0.11 | $-0.13 | $-2.83 | $-0.61 | $0.58 | $-7.27 | $-0.11 |
Avg Forecast | $1.01 | $0.84 | $0.85 | $1.01 | $0.90 | $0.74 | $0.70 | $0.88 | $0.63 | $0.47 | $0.42 | $0.60 | $0.48 | $0.35 | $0.22 | $0.81 | $1.19 | $1.42 | $1.22 | $1.19 | $0.97 | $0.54 | $0.25 | $0.23 | $0.04 | $-0.02 | $-0.17 | - | $0.04 | $-0.10 |
High Forecast | $1.15 | $0.96 | $0.97 | $1.15 | $1.03 | $0.85 | $0.80 | $1.00 | $0.71 | $0.63 | $0.48 | $0.68 | $0.58 | $0.49 | $0.25 | $0.92 | $1.36 | $1.62 | $1.22 | $1.34 | $1.08 | $0.60 | $0.28 | $0.25 | $0.05 | $-0.02 | $-0.15 | - | $0.04 | $-0.09 |
Low Forecast | $0.87 | $0.73 | $0.73 | $0.87 | $0.78 | $0.64 | $0.60 | $0.76 | $0.54 | $0.30 | $0.36 | $0.51 | $0.38 | $0.21 | $0.19 | $0.70 | $1.03 | $1.23 | $1.22 | $1.01 | $0.82 | $0.46 | $0.21 | $0.19 | $0.04 | $-0.02 | $-0.20 | - | $0.03 | $-0.11 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.60% | 2.45% | 2.83% | 1.07% | - | -1.56% | 3.78% | -2.68% | -2.62% | 0.49% | -2.96% | 141.42% | 3.50% | 157.95% | -204.74% | 1.10% |
Range Resources Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CIVI | Civitas Resources | $52.95 | $92.63 | 74.94% | 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 |
SM | SM Energy Company | $39.16 | $51.64 | 31.87% | Buy |
CTRA | Coterra Energy | $22.78 | $29.53 | 29.63% | Buy |
EQT | EQT | $33.19 | $41.00 | 23.53% | Buy |
EOG | EOG Resources | $119.37 | $131.79 | 10.40% | Buy |
RRC | Range Resources | $29.03 | $31.00 | 6.79% | Buy |
MGY | Magnolia Oil & Gas | $23.84 | $25.31 | 6.17% | Buy |
FANG | Diamondback Energy | $172.42 | $182.38 | 5.78% | Buy |
CRK | Comstock Resources | $10.02 | $8.33 | -16.87% | Hold |
RRC Forecast FAQ
Is Range Resources a good buy?
Yes, according to 20 Wall Street analysts, Range Resources (RRC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 50.00% of RRC's total ratings.
What is RRC's price target?
Range Resources (RRC) average price target is $31 with a range of $16 to $45, implying a 6.79% from its last price of $29.03. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Range Resources stock go up soon?
According to Wall Street analysts' prediction for RRC stock, the company can go up by 6.79% (from the last price of $29.03 to the average price target of $31), up by 55.01% based on the highest stock price target, and down by -44.88% based on the lowest stock price target.
Can Range Resources stock reach $40?
RRC's highest twelve months analyst stock price target of $45 supports the claim that Range Resources can reach $40 in the near future.
What is Range Resources's current price target trend?
2 Wall Street analysts forecast a $38 price target for Range Resources (RRC) this month, up 30.90% from its last price of $29.03. Compared to the last 3 and 12 months, the average price target increased by 22.29% and increased by 20.29%, respectively.
What are Range Resources's analysts' financial forecasts?
Range Resources's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.03B (high $3.36B, low $2.72B), average EBITDA is $1.36B (high $1.51B, low $1.22B), average net income is $780.78M (high $891.49M, low $674.82M), average SG&A $178.96M (high $198.48M, low $160.28M), and average EPS is $3.21 (high $3.67, low $2.78). RRC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.06B (high $3.4B, low $2.74B), average EBITDA is $1.37B (high $1.52B, low $1.23B), average net income is $899.57M (high $1.03B, low $777.49M), average SG&A $180.8M (high $200.51M, low $161.92M), and average EPS is $3.7 (high $4.23, low $3.2).
Did the RRC's actual financial results beat the analysts' financial forecasts?
Based on Range Resources's last annual report (Dec 2022), the company's revenue was $5.34B, beating the average analysts forecast of $3.75B by 42.22%. Apple's EBITDA was $3.21B, beating the average prediction of $128.04M by 2408.76%. The company's net income was $1.18B, missing the average estimation of $-297M by -497.92%. Apple's SG&A was $166.3M, missing the average forecast of $214.56M by -22.49%. Lastly, the company's EPS was $4.79, missing the average prediction of $5.03 by -4.76%. In terms of the last quarterly report (Sep 2023), Range Resources's revenue was $571.33M, missing the average analysts' forecast of $612.75M by -6.76%. The company's EBITDA was $166.54M, missing the average prediction of $274.84M by -39.40%. Range Resources's net income was $48.8M, missing the average estimation of $83.94M by -41.87%. The company's SG&A was $38.09M, beating the average forecast of $36.15M by 5.36%. Lastly, the company's EPS was $0.2, missing the average prediction of $0.345 by -42.11%