Free Trial

Coterra Energy (CTRA) Stock Forecast & Price Target

Coterra Energy logo
$27.63 +0.19 (+0.69%)
(As of 11/22/2024 ET)

Coterra 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

Sell
0
Hold
2
Buy
17

Based on 19 Wall Street analysts who have issued ratings for Coterra Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 2 have given a hold rating, 16 have given a buy rating, and 1 has given a strong buy rating for CTRA.

Consensus Price Target

$32.41
17.31% Upside
According to the 19 analysts' twelve-month price targets for Coterra Energy, the average price target is $32.41. The highest price target for CTRA is $37.00, while the lowest price target for CTRA is $26.00. The average price target represents a forecasted upside of 17.31% from the current price of $27.63.
Get the Latest News and Ratings for CTRA and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Coterra Energy and its competitors.

Sign Up

CTRA Analyst Ratings Over Time

TypeCurrent Forecast
11/23/23 to 11/22/24
1 Month Ago
10/24/23 to 10/23/24
3 Months Ago
8/25/23 to 8/24/24
1 Year Ago
11/23/22 to 11/23/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
16 Buy rating(s)
16 Buy rating(s)
15 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
11 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$32.41$32.06$33.56$31.93
Forecasted Upside17.31% Upside35.38% Upside38.92% Upside19.74% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

CTRA 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.
Skip Chart & View Analyst Rating History

CTRA 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Coterra Energy Stock vs. The Competition

TypeCoterra EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
2.95
2.63
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside17.35% Upside1,492.96% Upside7.62% Upside
News Sentiment Rating
Positive News

See Recent CTRA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$32.00 ➝ $35.00+37.25%
11/15/2024UBS Group
4 of 5 stars
 Boost TargetBuy ➝ Buy$31.00 ➝ $35.00+35.40%
11/14/2024Morgan Stanley
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$27.00 ➝ $29.00+14.17%
11/14/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
N. Dingmann
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ Buy$31.00 ➝ $33.00+29.21%
11/14/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$31.00 ➝ $33.00+28.86%
11/14/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$32.00 ➝ $35.00+36.67%
Buffett’s Selling Out: Is Your 401(k) About to Get Wiped Out? (Ad)

Let me share something important with you. Just a few weeks ago, Warren Buffett unloaded $932 million worth of bank stocks. He didn't do it on a whim—he knows something big is coming. The question is: Why aren't you taking action, too?

11/14/2024Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetPositive ➝ Positive$30.00 ➝ $33.00+28.86%
11/1/2024Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$28.00 ➝ $29.00+28.04%
11/1/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$36.00 ➝ $37.00+63.14%
10/10/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSector Outperform ➝ Sector Outperform$35.00 ➝ $32.00+30.77%
9/12/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$31.00 ➝ $26.00+13.94%
8/27/2024Roth Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
L. Mariani
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold ➝ Strong-Buy
8/27/2024Roth Mkm
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Buy$25.00 ➝ $29.00+19.83%
7/18/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Leggate
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageOutperform$35.00+29.61%
7/3/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
P. Jungwirth
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
6/14/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy$34.00+25.28%
5/24/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$30.00 ➝ $31.00+14.14%
3/22/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$33.00 ➝ $31.00+12.89%
1/24/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$32.00 ➝ $34.00+36.05%
3/10/2023The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$27.00 ➝ $30.00+21.11%
11/30/2022Tudor, Pickering, Holt & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
11/30/2022Tudor Pickering
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:42 AM ET.


Should I Buy Coterra Energy Stock? CTRA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 20, 2024. Please send any questions or comments about these Coterra Energy pros and cons to contact@marketbeat.com.

Coterra Energy
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Coterra Energy Inc.:

  • The stock is currently trading at $25.40, which presents a potential buying opportunity given its recent price target increase to $33.00 by Barclays, indicating a possible upside of nearly 30%.
  • Coterra Energy Inc. reported a revenue of $1.36 billion in its latest quarterly earnings, surpassing analyst expectations of $1.28 billion, showcasing strong operational performance.
  • The company has a solid net margin of 21.91%, indicating effective cost management and profitability, which is attractive for investors looking for financially healthy companies.
  • Institutional investors hold a significant 87.92% of the company's stock, suggesting strong confidence in Coterra Energy Inc. from major financial players.
  • Recent upgrades from multiple analysts, including a shift to a "buy" rating from Roth Mkm and a "positive" rating from Susquehanna, reflect growing optimism about the company's future performance.

Coterra Energy
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Coterra Energy Inc. for these reasons:

  • The company missed earnings expectations by $0.03 in its latest report, which could raise concerns about its ability to meet future financial targets.
  • Despite a strong revenue report, the year-over-year earnings per share (EPS) decreased from $0.47 to $0.32, indicating potential challenges in maintaining profitability.
  • The stock has a relatively low beta of 0.22, suggesting it may not respond strongly to market movements, which could limit growth potential in a bullish market.
  • Analysts have varied opinions on the stock, with some cutting their price targets, which may create uncertainty among investors regarding its future valuation.
  • The company operates in a volatile energy sector, which can be influenced by fluctuating oil prices and regulatory changes, posing risks to its financial stability.

CTRA Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Coterra Energy is $32.41, with a high forecast of $37.00 and a low forecast of $26.00.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coterra Energy in the last year. There are currently 2 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTRA shares.

According to analysts, Coterra Energy's stock has a predicted upside of 17.31% based on their 12-month stock forecasts.

Over the previous 90 days, Coterra Energy's stock had 2 upgrades by analysts.

Coterra Energy has been rated by research analysts at Barclays, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Piper Sandler, Roth Capital, Roth Mkm, Scotiabank, Stephens, Susquehanna, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Coterra Energy more than other "oils/energy" companies. The consensus rating score for Coterra Energy is 2.95 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how CTRA compares to other companies.


This page (NYSE:CTRA) was last updated on 11/22/2024 by MarketBeat.com Staff
From Our Partners