California Resources Stock Target Price and Analyst Consensus
CRC Stock | USD 47.95 0.21 0.44% |
The current analyst and expert consensus on California Resources is Strong Buy, with 8 strong buy opinions. The current projected California Resources target price consensus is 68.08 with 12 analyst opinions. Check out Macroaxis Advice on California Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. The most common way California Resources Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview California Resources executives and customers to further validate their buy or sell advice. California Resources buy-or-sell recommendation module provides average expert sentiment on the projected California Resources Corp target price to derive its highest and lowest estimates based on projected price volatility of 1.8172.
Lowest Forecast 61.96 | Highest Forecast 75.57 | Target Price 68.08 |
California |
It's important to approach California Resources' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
California Resources Target Price Consensus
California target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. California Resources' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
12 | Strong Buy |
Most California analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand California stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of California Resources Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCalifornia Resources Target Price Projection
California Resources' current and average target prices are 47.95 and 68.08, respectively. The current price of California Resources is the price at which California Resources Corp is currently trading. On the other hand, California Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
California Resources Market Quote on 7th of February 2025
Target Price
Analyst Consensus On California Resources Target Price
California Resources Analyst Ratings
California Resources' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about California Resources stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of California Resources' financials, market performance, and future outlook by experienced professionals. California Resources' historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize California Resources price targets
California Resources' stock target price is an estimate of its future price, usually made by analysts. Using California Resources' target price to determine if it is a suitable investment can be done through the following steps:- Look at California Resources' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if California Resources' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional California Resources Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of California Resources is a key component of California Resources valuation and have some predictive power on the future returns of a California Resources.Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Macroaxis Index Invested few shares | ||
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Check out Macroaxis Advice on California Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, the presentation of California Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, California Resources' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of California Resources' management manipulating its earnings.