Crescent Energy Co's stock fell by 5.00% during regular trading, crossing below the 20-day SMA. This decline occurred as the broader market showed signs of weakness, with the Nasdaq-100 down 0.41% and the S&P 500 down 0.05%.
The drop in Crescent Energy's stock price is attributed to sector rotation, despite the company's recent announcement of a bond exchange initiative aimed at optimizing its capital structure and reducing financing costs. The strong investor demand for the new notes indicates confidence in Crescent's financial strategy, which is expected to enhance its market position.
This movement reflects the challenges faced by Crescent Energy in the current market environment, as investors weigh the implications of the bond exchange against broader market trends. The company's efforts to improve its financial flexibility may provide long-term benefits, but short-term fluctuations in stock price are influenced by market dynamics.
Wall Street analysts forecast CRGY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRGY is 13.00 USD with a low forecast of 10.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast CRGY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRGY is 13.00 USD with a low forecast of 10.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 9.580
Low
10.00
Averages
13.00
High
15.00
Current: 9.580
Low
10.00
Averages
13.00
High
15.00
Wells Fargo
Wells Fargo
Overweight
downgrade
$15 -> $13
2026-01-27
New
Reason
Wells Fargo
Wells Fargo
Price Target
$15 -> $13
AI Analysis
2026-01-27
New
downgrade
Overweight
Reason
Wells Fargo lowered the firm's price target on Crescent Energy to $13 from $15 and keeps an Overweight rating on the shares. The oil macro remains pressured, with downside-skewed fundamentals as rising OPEC supply and strong non-OPEC growth point to a near-term surplus and continued price pressure, Wells notes. Amid a softer macro, the firm favors low-reinvestment, capital-disciplined frameworks, with 2026 plans broadly stable across the group.
Jefferies
Hold
downgrade
$10 -> $9
2026-01-25
New
Reason
Jefferies
Price Target
$10 -> $9
2026-01-25
New
downgrade
Hold
Reason
Jefferies resumed coverage of Crescent Energy with a Hold rating and price target of $9, down from $10. The company's outlook is improving following the divestitures, the analyst tells investors in a research note. The firm believes continued execution by Crescent should lower its cost of capital and build confidence in its inventory depth.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CRGY
Unlock Now
BMO Capital
Phillip Jungwirth
Market Perform
initiated
$10
2026-01-09
Reason
BMO Capital
Phillip Jungwirth
Price Target
$10
2026-01-09
initiated
Market Perform
Reason
BMO Capital analyst Phillip Jungwirth initiated coverage of Crescent Energy with a Market Perform rating and $10 price target. The firm says the company's streamlining of its asset base has increased margins and improved its cost structure. However, BMO views 2026 as a transition year for Crescent, with legacy Vital production declining to a sustainable baseline, while its de-leveraging pace is slowed by lower oil prices.
Evercore ISI
NULL
to
Outperform
initiated
$13
2025-12-16
Reason
Evercore ISI
Price Target
$13
2025-12-16
initiated
NULL
to
Outperform
Reason
Evercore ISI resumed coverage of Crescent Energy (CRGY) with an Outperform rating and $13 price target after the closing of its merger with Vital Energy (VTLE). The Vital transaction "marks a major step change in scale, basin diversification, and free cash flow durability" and the combined company is a top-ten independent U.S. oil and gas producer, the analyst tells investors.
About CRGY
Crescent Energy Company is an energy company. The Company’s operations are focused on Texas and the Rockies with active development in the Eagle Ford and Uinta basins. It also operates conventional assets in Wyoming, where it is active in carbon capture, use and storage (CCUS). It is an operator in the Eagle Ford with a proven ability to scale and safely capture operational upside. It operates in both the oil and condensate windows of the Eagle Ford. Its Uinta position has a large inventory of low-risk undeveloped locations with significant resource potential across multiple, prolific formations. The Uinta basin produces high-value crude, and it has secured takeaway capacity into the Salt Lake City refining complex. Its Wyoming operations comprise low-decline conventional production spanning numerous conventional fields. It operates two enhanced oil recovery projects (EOR) in Wyoming.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.