Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, California Resources Corporation (CRC) has a Wall Street consensus price target of $65.71, based on estimates from 23 covering analysts. With the stock currently trading at $58.84, this represents a potential upside of +11.7%. The company has a market capitalization of $5.36T.
Analyst price targets range from a low of $56.00 to a high of $72.00, representing a 24% spread in expectations. The median target of $65.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 16 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, CRC trades at a trailing P/E of 12.7x and forward P/E of 45.3x. Analysts expect EPS to grow -71.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $59.25, with bear and bull scenarios of $228.15 and $21098.03 respectively. Model confidence stands at 31/100, suggesting limited visibility into future performance.
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Start ComparisonCalifornia Resources Corporation (CRC) has a consensus 12-month price target of $65.71, implying 11.7% upside from $58.84. The 23 analysts covering CRC see moderate appreciation potential.
CRC has a consensus rating of "Buy" based on 23 Wall Street analysts. The rating breakdown is predominantly bullish, with 16 Buy/Strong Buy ratings. The consensus 12-month price target of $65.71 implies 11.7% upside from current levels.
At a forward P/E of 45.2581x, CRC trades at a premium valuation. The consensus price target of $65.71 (11.7% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $72 for CRC, while the most conservative target is $56. The consensus of $65.71 represents the median expectation. Our quantitative valuation model projects a bull case target of $21098 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, 16 have Buy ratings, 6 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 $65.71, with estimates ranging from $56 (bear case) to $72 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $59, with bear/bull scenarios of $228/$21098.
Our quantitative valuation model calculates CRC's fair value at $59 (base case), with a bear case of $228 and bull case of $21098. 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 31/100.
CRC trades at a forward P/E ratio of 45.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.7x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on CRC, with a "Buy" consensus rating and $65.71 price target (11.7% upside). 16 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 $56 to $72, a 24% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $65.71 consensus represents the middle ground. Our model's $228-$21098 range provides an independent fundamental perspective.