CRGY Should I Buy
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$
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Crescent Energy Co (CRGY) is not a strong buy for a beginner long-term investor at this moment. While there are some positive indicators such as hedge fund buying and a bullish technical setup, the company's financial performance, declining analyst price targets, and lack of recent positive news or catalysts make it prudent to hold off on investing right now. The investor should wait for clearer signs of sustained growth or improved fundamentals.
The technical indicators show a bullish trend with the MACD histogram above 0 and positively expanding, and moving averages in a bullish alignment (SMA_5 > SMA_20 > SMA_200). The RSI is neutral at 65.464, and the stock is trading above key support levels with resistance at 10.561 and 10.846.
Hedge funds are significantly increasing their positions, with a 1564.11% rise in buying over the last quarter. Technical indicators are bullish, suggesting upward momentum.
The company's financial performance in Q3 2025 shows declining net income (-4.40% YoY), EPS (-42.86% YoY), and gross margin (-6.61% YoY). Analysts have lowered price targets, and there is no recent news or significant positive developments. Additionally, insider trading is neutral, and there is no recent activity from Congress or influential figures.
In Q3 2025, revenue increased by 16.34% YoY to $866.58M, but net income dropped to -$9.51M (-4.40% YoY), EPS fell to -0.04 (-42.86% YoY), and gross margin decreased to 20.92% (-6.61% YoY). The company is facing challenges in improving profitability.
Analysts have mixed views on Crescent Energy. Recent price target changes include Wells Fargo lowering the target to $13 from $15 (Overweight), Jefferies lowering the target to $9 from $10 (Hold), and BMO Capital initiating coverage with a $10 target (Market Perform). Analysts acknowledge improvements in the company's cost structure but highlight challenges such as declining legacy production and a pressured oil macro environment.
