Crescent Energy (NYSE:CRGY) Price Target Raised to $18.00 at Stephens

Crescent Energy (NYSE:CRGY) had its target price hoisted by equities researchers at Stephens from $17.00 to $18.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Stephens’ target price indicates a potential upside of 57.48% from the stock’s previous close.

A number of other brokerages also recently issued reports on CRGY. KeyCorp reissued an “overweight” rating and set a $19.00 price target on shares of Crescent Energy in a research report on Thursday, June 11th. Raymond James Financial reiterated a “strong-buy” rating and set a $19.00 target price on shares of Crescent Energy in a research report on Monday. Zacks Research cut Crescent Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Morgan Stanley downgraded shares of Crescent Energy to an “underweight” rating in a research note on Monday. Finally, Wall Street Zen lowered shares of Crescent Energy from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $15.67.

Crescent Energy Stock Performance

NYSE CRGY opened at $11.43 on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $3.77 billion, a P/E ratio of -15.24 and a beta of 1.41. Crescent Energy has a 12-month low of $7.68 and a 12-month high of $14.29. The firm has a 50-day moving average price of $10.77 and a two-hundred day moving average price of $11.33.

Crescent Energy (NYSE:CRGY) last announced its earnings results on Monday, August 3rd. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.59 by $0.10. Crescent Energy had a negative net margin of 7.47% and a positive return on equity of 8.10%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.26 billion. The firm’s quarterly revenue was up 55.3% compared to the same quarter last year. Analysts anticipate that Crescent Energy will post 1.78 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Strs Ohio acquired a new position in Crescent Energy during the first quarter worth about $32,000. Fifth Third Bancorp boosted its stake in shares of Crescent Energy by 109.3% in the 4th quarter. Fifth Third Bancorp now owns 3,905 shares of the company’s stock valued at $33,000 after purchasing an additional 2,039 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Crescent Energy by 134.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 3,986 shares of the company’s stock valued at $33,000 after purchasing an additional 2,286 shares during the last quarter. Quarry LP increased its position in Crescent Energy by 303.5% during the 3rd quarter. Quarry LP now owns 4,152 shares of the company’s stock worth $37,000 after purchasing an additional 3,123 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in Crescent Energy by 42.3% in the 4th quarter. Allworth Financial LP now owns 4,712 shares of the company’s stock valued at $40,000 after purchasing an additional 1,401 shares during the last quarter. Institutional investors own 52.11% of the company’s stock.

Trending Headlines about Crescent Energy

Here are the key news stories impacting Crescent Energy this week:

• Positive Sentiment: Strong Q2 earnings beat: Crescent posted adjusted earnings of $0.69 per share, above the $0.59 analyst consensus and up from $0.43 a year earlier. Revenue rose 55.3% year over year to $1.39 billion, exceeding estimates of $1.26 billion. Crescent Energy Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Higher outlook and operating performance: The company reported record operating results and raised guidance, signaling improved expectations for future production and financial performance. Management also highlighted efforts to strengthen the balance sheet, which could support investor confidence. Crescent Energy Boosts Guidance and Strengthens Balance Sheet
• Positive Sentiment: Dividend announced: Crescent declared a quarterly dividend of $0.12 per share, payable August 31 to shareholders of record August 17. The dividend represents an annualized yield of approximately 4.2%, adding income appeal for investors. Crescent Energy Dividend Announcement
• Neutral Sentiment: Investor focus shifts to management commentary: Crescent’s Q2 conference call is scheduled for August 4, where investors may seek additional details on the raised guidance, commodity-price assumptions, production expectations and debt reduction plans. Crescent Energy Reports Second Quarter 2026 Results
• Negative Sentiment: Profitability and liquidity remain concerns: Despite the adjusted earnings beat, the company reported a negative net margin of 7.47%. Its debt-to-equity ratio was 1.12 and its quick and current ratios were both 0.57, leaving investors attentive to leverage, cash flow and balance-sheet execution.

About Crescent Energy

Crescent Energy Co (NYSE: CRGY) is an independent exploration and production company focused on the acquisition, development and production of oil and natural gas resources in North America. Headquartered in Oklahoma City, the company’s core business activities include the identification and appraisal of prospective acreage, the design and execution of drilling and completion programs, and the ongoing operation and optimization of producing wells. Crescent Energy’s integrated approach emphasizes capital efficiency, reservoir quality and operational reliability to support sustainable cash flow generation over the commodity cycle.

Crescent Energy’s operations are concentrated in the Permian Basin, with a particular focus on the Delaware Basin’s stacked pay intervals.