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California Resources Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for California Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for California Resources (NYSE:CRC) was reported by Barclays on March 5, 2025. The analyst firm set a price target for $55.00 expecting CRC to rise to within 12 months (a possible 26.15% upside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for California Resources (NYSE:CRC) was provided by Barclays, and California Resources maintained their equal-weight rating.
The last upgrade for California Resources Corp happened on August 21, 2024 when B of A Securities raised their price target to $65. B of A Securities previously had a neutral for California Resources Corp.
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.
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 March 5, 2025 so you should expect the next rating to be made available sometime around March 5, 2026.
While ratings are subjective and will change, the latest California Resources (CRC) rating was a maintained with a price target of $57.00 to $55.00. The current price California Resources (CRC) is trading at is $43.60, which is out of the analyst’s predicted range.
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