Stocklytics Platform
Asset logo for symbol CRC
California Resources
CRC70
$46.940.00%$0.00
Asset logo for symbol CRC
CRC70

$46.94

0.00%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

California Resources (CRC) Stocklytics Forecast

California Resources Corp (CRC) is a company operating in the energy sector, specifically in the exploration and production of oil and natural gas. As with any company in this industry, predicting stock prices and establishing forecasts can be a challenging task, influenced by various factors such as market conditions, global energy demand, and geopolitical events. While it is important to consider analysis and predictions from financial analysts, it is crucial to recognize the limitations and uncertainties associated with these forecasts. As such, investors should exercise caution and perform thorough due diligence before making any investment decisions.
Machine learning and AI algorithms are increasingly utilized in the financial industry to make predictions and forecast stock prices. These technologies analyze large quantities of data, including historical stock prices, financial reports, and market trends, in order to identify patterns and make predictions. However, it is important to remember that these predictions are not infallible and are subject to errors and uncertainties. While machine learning and AI can provide valuable insights, they should not be the sole basis for investment decisions.
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Frequently Asked Questions

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What is the analyst price prediction for California Resources (CRC) stock?

Analysts have set a target price of $65.33 for California Resources (CRC), based on forecasts from 21 analysts. The predicted price range extends from a high of $72 to a low of $56. This represents a potential increase of up to 53.39% and a decrease of 19.3% from the current price of $46.94. These forecasts are as of 2023 May 24.
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What are the analyst ratings for California Resources (CRC) stock?

The analyst ratings for California Resources (CRC) are distributed as follows: 11 analysts recommend buying, 2 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 13 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering California Resources.
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What is the AI price prediction for California Resources (CRC) stock?

At present, there is no AI or machine-learning-based price prediction available for California Resources (CRC) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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