California Resources
(NYSE:CRC)
$54.90
0[0.00%]
At close: Apr 26
$54.90
0[0.00%]
After Hours: 4:20PM EDT
Q1 2024 Earnings in 8 days from now on Tue May 7th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$69.00
Lowest Price Target1
$48.00
Consensus Price Target1
$53.86

California Resources Stock (NYSE:CRC), Analyst Ratings, Price Targets, Predictions

California Resources Corp has a consensus price target of $53.86, established from looking at the 48 latest analyst ratings. The last 3 analyst ratings were released from Stifel, Barclays, and Mizuho on April 23, 2024, April 10, 2024, and March 22, 2024. With an average price target of $64.67 between Stifel, Barclays, and Mizuho, there's an implied 16.41% upside for California Resources Corp from these 3 analyst ratings.

Analyst Trend
2
Dec 23
1
1
Jan
3
Feb
5
Mar
1
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
Barclays
Mizuho
Roth MKM
RBC Capital

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for California Resources

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/23/2024CRCBuy Now
California Resources
$55.5524.21%Stifel
Derrick Whitfield
$68 → $69MaintainsBuyGet Alert
04/10/2024CRCBuy Now
California Resources
$55.5511.61%Barclays
Betty Jiang
→ $62Initiates → Equal-WeightGet Alert
03/22/2024CRCBuy Now
California Resources
$55.5513.41%Mizuho
Nitin Kumar
$69 → $63MaintainsBuyGet Alert
03/22/2024CRCBuy Now
California Resources
$55.5522.41%Stifel
Derrick Whitfield
$72 → $68MaintainsBuyGet Alert
03/11/2024CRCBuy Now
California Resources
$55.550.81%Roth MKM
Leo Mariani
MaintainsBuyGet Alert
03/08/2024CRCBuy Now
California Resources
$55.5517.01%RBC Capital
Scott Hanold
$70 → $65MaintainsOutperformGet Alert
03/06/2024CRCBuy Now
California Resources
$55.5526.01%RBC Capital
Scott Hanold
→ $70ReiteratesOutperform → OutperformGet Alert
02/12/2024CRCBuy Now
California Resources
$55.5529.61%Stifel
Derrick Whitfield
$68 → $72MaintainsBuyGet Alert
02/08/2024CRCBuy Now
California Resources
$55.5524.21%Mizuho
Nitin Kumar
$63 → $69MaintainsBuyGet Alert
02/08/2024CRCBuy Now
California Resources
$55.5526.01%RBC Capital
Scott Hanold
$65 → $70MaintainsOutperformGet Alert
01/23/2024CRCBuy Now
California Resources
$55.5522.41%Stifel
Derrick Whitfield
$67 → $68MaintainsBuyGet Alert
01/05/2024CRCBuy Now
California Resources
$55.558.01%B of A Securities
Kalei Akamine
$64 → $60DowngradeBuy → NeutralGet Alert
12/19/2023CRCBuy Now
California Resources
$55.558.01%RBC Capital
Scott Hanold
→ $60ReiteratesOutperform → OutperformGet Alert
12/01/2023CRCBuy Now
California Resources
$55.558.01%RBC Capital
Scott Hanold
→ $60ReiteratesOutperform → OutperformGet Alert
09/29/2023CRCBuy Now
California Resources
$55.5526.01%Mizuho
Nitin Kumar
→ $70ReiteratesBuy → BuyGet Alert
09/25/2023CRCBuy Now
California Resources
$55.5526.01%Mizuho
Nitin Kumar
→ $70ReiteratesBuy → BuyGet Alert
09/21/2023CRCBuy Now
California Resources
$55.550.81%Roth MKM
Leo Mariani
→ $56ReiteratesBuy → BuyGet Alert
09/18/2023CRCBuy Now
California Resources
$55.5526.01%Mizuho
Nitin Kumar
$66 → $70MaintainsBuyGet Alert
08/23/2023CRCBuy Now
California Resources
$55.55Pickering Energy Partners
Fernando Zavala
Initiates → OutperformGet Alert

FAQ

Q

What is the target price for California Resources (CRC)?

A

The latest price target for California Resources (NYSE: CRC) was reported by Stifel on April 23, 2024. The analyst firm set a price target for $69.00 expecting CRC to rise to within 12 months (a possible 25.68% upside). 27 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for California Resources (CRC)?

A

The latest analyst rating for California Resources (NYSE: CRC) was provided by Stifel, and California Resources maintained their buy rating.

Q

When was the last upgrade for California Resources (CRC)?

A

The last upgrade for California Resources Corp happened on February 27, 2023 when B of A Securities raised their price target to $60. B of A Securities previously had a neutral for California Resources Corp.

Q

When was the last downgrade for California Resources (CRC)?

A

The last downgrade for California Resources Corp happened on January 5, 2024 when B of A Securities changed their price target from $64 to $60 for California Resources Corp.

Q

When is the next analyst rating going to be posted or updated for California Resources (CRC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of California Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for California Resources was filed on April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.

Q

Is the Analyst Rating California Resources (CRC) correct?

A

While ratings are subjective and will change, the latest California Resources (CRC) rating was a maintained with a price target of $68.00 to $69.00. The current price California Resources (CRC) is trading at is $54.90, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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