52.6% Below Target

The consensus Wall Street price target for CRC is $76.8, representing 52.6% upside from the current price of $50.32. With 23 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

CRC has a consensus rating of "Buy" based on 23 Wall Street analysts. The rating breakdown is predominantly bullish, with 17 Buy/Strong Buy ratings. The consensus 12-month price target of $76.8 implies 52.6% upside from current levels.

With a forward P/E of 7.9957x, CRC trades at a relatively low valuation. The consensus target of $76.8 implies 52.6% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $87 for CRC, while the most conservative target is $65. The consensus of $76.8 represents the median expectation. Our quantitative valuation model projects a bull case target of $16 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

CRC is well covered by analysts, with 23 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 17 have Buy ratings, 5 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month CRC stock forecast based on 23 Wall Street analysts shows a consensus price target of $76.8, with estimates ranging from $65 (bear case) to $87 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $12, with bear/bull scenarios of $8/$16.

Our quantitative valuation model calculates CRC's fair value at $12 (base case), with a bear case of $8 and bull case of $16. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 41/100.

CRC trades at a forward P/E ratio of 8.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on CRC, with a "Buy" consensus rating and $76.8 price target (52.6% upside). 17 of 23 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

CRC analyst price targets range from $65 to $87, a 29% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $76.8 consensus represents the middle ground. Our model's $8-$16 range provides an independent fundamental perspective.