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Crescent Energy (CRGY) Stock Forecast & Price Target

$12.37
+0.33 (+2.74%)
(As of 07/3/2024 ET)

Crescent Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$16.56
33.84% Upside
High Forecast$20.00
Average Forecast$16.56
Low Forecast$13.00
TypeCurrent Forecast
7/5/23 to 7/4/24
1 Month Ago
6/5/23 to 6/4/24
3 Months Ago
4/6/23 to 4/5/24
1 Year Ago
7/5/22 to 7/5/23
Consensus Rating
Buy
Buy
Buy
Hold
Strong Buy
2 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$16.56$16.63$16.00$16.33
Forecasted Upside33.84% Upside41.46% Upside36.34% Upside32.77% Upside

CRGY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CRGY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Crescent Energy Stock vs. The Competition

TypeCrescent EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
3.13
2.57
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside33.89% Upside417.57% Upside12.08% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/27/2024KeyCorp
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 Initiated CoverageOverweight$16.00+37.81%
5/23/2024Truist Financial
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 Boost TargetBuy ➝ Buy$19.00 ➝ $20.00+64.27%
5/13/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$13.00 ➝ $14.00+14.75%
4/22/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$19.00 ➝ $20.00+82.48%
4/10/2024Tudor, Pickering, Holt & Co.
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 Initiated CoverageBuy$18.00+50.00%
3/5/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$17.00+39.23%
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1/24/2024Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$16.00 ➝ $15.00+35.14%
12/1/2023Evercore ISI
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 Initiated CoverageOutperform$16.00+40.41%
9/27/2023Bank of America
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 Boost Target$12.00 ➝ $13.00+6.47%
2/14/2023Credit Suisse Group
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 Initiated CoverageNeutral$14.00+15.32%
10/19/2022Jefferies Financial Group
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 Initiated CoverageHold$15.00+2.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:43 PM ET.

CRGY Forecast - Frequently Asked Questions

What is Crescent Energy's stock forecast and purchase recommendation?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Crescent Energy is $16.56, with a high forecast of $20.00 and a low forecast of $13.00. The consensus rating for Crescent Energy stock is Buy based on the current 1 hold rating, 5 buy ratings and 2 strong buy ratings for CRGY. Learn more on CRGY's analyst rating history.

Do Wall Street analysts like Crescent Energy more than its competitors?

Analysts like Crescent Energy more than other "oils/energy" companies. The consensus rating for Crescent Energy is Buy while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how CRGY compares to other companies.

Is Crescent Energy being upgraded by Wall Street analysts?

Over the previous 90 days, Crescent Energy's stock had 1 upgrade by analysts.

Does Crescent Energy's stock price have much upside?

According to analysts, Crescent Energy's stock has a predicted upside of 40.97% based on their 12-month stock forecasts.

What analysts cover Crescent Energy?

Crescent Energy has been rated by research analysts at KeyCorp, Mizuho, Truist Financial, Tudor, Pickering, Holt & Co., and Wells Fargo & Company in the past 90 days.


This page (NYSE:CRGY) was last updated on 7/4/2024 by MarketBeat.com Staff

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