CRK, US2057683029

Clear Street cuts target for Comstock Resources stock to USD 21.00

Published on 10/25/2026 at 03:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho keeps Neutral at USD 17.00 on October 16, 2026. The November 4 results date and Clear Street's USD 21.00 target frame Comstock Resources stock.

Targets and reporting dates

Clear Street lowered its target from USD 23.00 to USD 21.00 on October 23, 2026.
Second-quarter revenue was USD 353.28 million, down 24.90 percent year over year.
Comstock Resources stock last stood at EUR 12.56 in Stuttgart on October 23, 2026.
Third-quarter results are scheduled for November 4, 2026, followed by the earnings call on November 5, 2026.

CRK, US2057683029, Illustration mit AI erstellt.

Clear Street lowered its price target for Comstock Resources (ISIN US2057683029) from USD 23.00 to USD 21.00 on October 23, 2026, while keeping a Buy rating. Markets Insider said the firm cited lower natural gas price realizations and higher lease operating expenses.

Three milestones shape the story

On July 29, 2026, Comstock reported second-quarter adjusted earnings per share of USD 0.03 against a USD 0.02 consensus estimate, while revenue reached USD 353.28 million versus USD 419.22 million expected. MarketBeat reported that second-quarter revenue fell 24.90 percent year over year.

On September 28, 2026, Comstock signed a framework agreement with SOCAR covering a USD 1.65 billion strategic partnership in the Haynesville Shale. The company said the definitive agreement is expected by October 31, 2026, with closing targeted for the end of 2026. Comstock Resources also described possible international liquefied natural gas marketing opportunities.

What does the target cut change?

Clear Street's new USD 21.00 target remains above Mizuho's USD 17.00 target from October 16, 2026. Markets Insider reported that Mizuho kept a Neutral rating while lowering its target from USD 20.00. The contrast points to gas-price exposure and operating costs as central valuation variables.

Two dates arrive in November

Comstock plans to release third-quarter 2026 results after the market closes on November 4, 2026, then hold its conference call at 10:00 a.m. CT on November 5, 2026. Comstock Resources specified both dates in its October 5, 2026 release.

Euro quote remains a dated reference

The last available euro quote came from Stuttgart at EUR 12.56 on October 23, 2026 at 8:12 p.m. CET. Comstock Resources is an independent natural gas producer focused on the Haynesville Shale in North Louisiana and East Texas, and its shares trade on the NYSE under CRK.

The further course of trading is shown by the continuously updated real-time quote of Comstock Resources stock.