Top Wall Street Forecasters Revamp California Resources Expectations Ahead Of Q4 Earnings

Benzinga
03/02

California Resources Corporation (NYSE:CRC) will release earnings for the fourth quarter before the opening bell on Monday, March 2.

Analysts expect the Long Beach, California-based company to report quarterly earnings at 50 cents per share. That's down from 91 cents per share in the year-ago period. The consensus estimate for California Resources' quarterly revenue is $789.83 million (it reported $877 million last year), according to Benzinga Pro.

On Dec. 15, Berry received stockholders’ approval for its combination with California Resources.

Shares of California Resources rose 2.6% to close at $58.84 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • UBS analyst Josh Silverstein maintained a Buy rating and cut the price target from $64 to $63 on Jan. 26, 2026. This analyst has an accuracy rate of 66%.
  • Barclays analyst Betty Jiang maintained the stock with an Overweight rating and cut the price target from $68 to $65 on Jan. 21, 2026. This analyst has an accuracy rate of 60%.
  • Mizho analyst Nitin Kumar maintained an Outperform rating and raised the price target from $71 to $72 on Dec. 12, 2025. This analyst has an accuracy rate of 52%.
  • Wells Fargo analyst Sam Margolin maintained an Overweight rating and slashed the price target from $58 to $56 on Dec. 9, 2025. This analyst has an accuracy rate of 65%.
  • JP Morgan analyst Zach Parham maintained an Overweight rating and raised the price target from $64 to $66 on Oct. 10, 2025. This analyst has an accuracy rate of 53%

Considering buying CRC stock? Here’s what analysts think:

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