California Resources

CRCNYSE
$52.60
0.060.11%
At Close: -
$52.60
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Aera Energy, LLC was merged with California Resources (CRC) on Monday, July 1, 2024 for $2.1B paid in stock
Consensus Rating1
Buy
Highest Price Target1
$69.00
Lowest Price Target1
$48.00
Consensus Price Target1
$53.93

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

California Resources Corp has a consensus price target of $53.93, established from looking at the 50 latest analyst ratings. The last 3 analyst ratings were released from RBC Capital, RBC Capital, and Mizuho on June 14, 2024, June 12, 2024, and May 13, 2024. With an average price target of $64.67 between RBC Capital, RBC Capital, and Mizuho, there's an implied 22.94% upside for California Resources Corp from these 3 analyst ratings.

Analyst Trends and Forecast
2
Mar
1
Apr
0
0
0
0
May
2
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
Mizuho
Stifel
Barclays
Roth MKM

1calculated from analyst ratings

Analyst Ratings for California Resources

Buy NowGet Alert
06/14/2024Buy Now23.57%RBC Capital
Scott Hanold
$65 → $65ReiteratesOutperform → OutperformGet Alert
06/12/2024Buy Now23.57%RBC Capital
Scott Hanold
$65 → $65ReiteratesOutperform → OutperformGet Alert
05/13/2024Buy Now21.67%Mizuho
Nitin Kumar
$63 → $64MaintainsBuyGet Alert
04/23/2024Buy Now31.18%Stifel
Derrick Whitfield
$68 → $69MaintainsBuyGet Alert
04/10/2024Buy Now17.87%Barclays
Betty Jiang
→ $62Initiates → Equal-WeightGet Alert
03/22/2024Buy Now19.77%Mizuho
Nitin Kumar
$69 → $63MaintainsBuyGet Alert
03/22/2024Buy Now29.28%Stifel
Derrick Whitfield
$72 → $68MaintainsBuyGet Alert
03/11/2024Buy Now6.46%Roth MKM
Leo Mariani
—MaintainsBuyGet Alert
03/08/2024Buy Now23.57%RBC Capital
Scott Hanold
$70 → $65MaintainsOutperformGet Alert
03/06/2024Buy Now33.08%RBC Capital
Scott Hanold
→ $70ReiteratesOutperform → OutperformGet Alert
02/12/2024Buy Now36.88%Stifel
Derrick Whitfield
$68 → $72MaintainsBuyGet Alert
02/08/2024Buy Now31.18%Mizuho
Nitin Kumar
$63 → $69MaintainsBuyGet Alert
02/08/2024Buy Now33.08%RBC Capital
Scott Hanold
$65 → $70MaintainsOutperformGet Alert
01/23/2024Buy Now29.28%Stifel
Derrick Whitfield
$67 → $68MaintainsBuyGet Alert
01/05/2024Buy Now14.07%B of A Securities
Kalei Akamine
$64 → $60DowngradeBuy → NeutralGet Alert
12/19/2023Buy Now14.07%RBC Capital
Scott Hanold
→ $60ReiteratesOutperform → OutperformGet Alert
12/01/2023Buy Now14.07%RBC Capital
Scott Hanold
→ $60ReiteratesOutperform → OutperformGet Alert
09/29/2023Buy Now33.08%Mizuho
Nitin Kumar
→ $70ReiteratesBuy → BuyGet Alert
09/25/2023Buy Now33.08%Mizuho
Nitin Kumar
→ $70ReiteratesBuy → BuyGet Alert
09/21/2023Buy Now6.46%Roth MKM
Leo Mariani
→ $56ReiteratesBuy → BuyGet Alert
09/18/2023Buy Now33.08%Mizuho
Nitin Kumar
$66 → $70MaintainsBuyGet Alert
08/23/2023Buy Now—Pickering Energy Partners
Fernando Zavala
—Initiates → OutperformGet Alert
08/21/2023Buy Now29.28%Stifel
Derrick Whitfield
$60 → $68MaintainsBuyGet Alert
08/16/2023Buy Now25.48%Mizuho
Nitin Kumar
$60 → $66MaintainsBuyGet Alert
08/14/2023Buy Now23.57%Citigroup
Scott Gruber
$56 → $65MaintainsBuyGet Alert
08/11/2023Buy Now14.07%Stifel
Derrick Whitfield
$55 → $60MaintainsBuyGet Alert
08/01/2023Buy Now19.77%B of A Securities
Kalei Akamine
$59 → $63MaintainsBuyGet Alert
07/24/2023Buy Now4.56%Stifel
Derrick Whitfield
$50 → $55MaintainsBuyGet Alert
07/14/2023Buy Now14.07%Mizuho
Nitin Kumar
$52 → $60MaintainsBuyGet Alert
05/19/2023Buy Now-1.14%Mizuho
Nitin Kumar
$54 → $52MaintainsBuyGet Alert
03/30/2023Buy Now-1.14%Stifel
Derrick Whitfield
$64 → $52MaintainsBuyGet Alert
03/10/2023Buy Now2.66%Mizuho
Nitin Kumar
$59 → $54MaintainsBuyGet Alert
02/27/2023Buy Now14.07%B of A Securities
Kalei Akamine
$51 → $60UpgradeNeutral → BuyGet Alert
02/15/2023Buy Now8.37%Citigroup
Scott Gruber
$62 → $57MaintainsBuyGet Alert
01/31/2023Buy Now23.57%RBC Capital
Scott Hanold
$68 → $65MaintainsOutperformGet Alert
01/27/2023Buy Now12.17%Mizuho
Nitin Kumar
$60 → $59MaintainsBuyGet Alert
01/10/2023Buy Now14.07%Mizuho
Nitin Kumar
→ $60Initiates → BuyGet Alert
11/15/2022Buy Now10.27%B of A Securities
Kalei Akamine
$49 → $58UpgradeUnderperform → NeutralGet Alert
10/20/2022Buy Now19.77%Stifel
Nate Pendleton
→ $63Initiates → BuyGet Alert
07/20/2022Buy Now-8.75%MKM Partners
Leo Mariani
→ $48Assumes → BuyGet Alert
07/19/2022Buy Now-6.84%B of A Securities
Doug Leggate
→ $49DowngradeBuy → UnderperformGet Alert
05/10/2022Buy Now14.07%Citigroup
Scott Gruber
→ $60Initiates → BuyGet Alert
04/08/2022Buy Now-3.04%Keybanc
Leo Mariani
$50 → $51MaintainsOverweightGet Alert
01/20/2022Buy Now-4.94%Keybanc
Leo Mariani
$49 → $50MaintainsOverweightGet Alert
11/03/2021Buy Now-6.84%Keybanc——MaintainsOverweightGet Alert
10/19/2021Buy Now-8.75%Keybanc
Leo Mariani
—MaintainsOverweightGet Alert
09/22/2021Buy Now2.66%MKM Partners
John Gerdes
—Initiates → BuyGet Alert
09/16/2021Buy Now-10.65%Keybanc——MaintainsOverweightGet Alert
09/09/2021Buy Now-14.45%Keybanc
Leo Mariani
—Initiates → OverweightGet Alert
09/08/2021Buy Now14.07%RBC Capital
Scott Hanold
—MaintainsOutperformGet Alert

FAQ

Q

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

A

The latest price target for California Resources (NYSE:CRC) was reported by RBC Capital on June 14, 2024. The analyst firm set a price target for $65.00 expecting CRC to rise to within 12 months (a possible 23.57% upside). 29 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 RBC Capital, and California Resources reiterated their outperform 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 June 14, 2024 so you should expect the next rating to be made available sometime around June 14, 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 reiterated with a price target of $65.00 to $65.00. The current price California Resources (CRC) is trading at is $52.60, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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