UBS cuts target for California Resources stock from USD 73 to USD 68
Published on 10/15/2026 at 22:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and trading date
- UBS analyst Josh Silverstein lowered the target from USD 73.00 to USD 68.00 on October 12, 2026.
- California Resources plans to release third-quarter 2026 results on November 2, 2026.
- California Resources stock costs EUR 47.43 at Lang & Schwarz on October 15, 2026 at 10:57 p.m. CEST, down 1.63 percent on Nasdaq.
- California Resources had a market capitalization of USD 4.7 billion and a price earnings ratio of minus 39.08 on October 15, 2026.
UBS analyst Josh Silverstein lowered the California Resources target from USD 73.00 to USD 68.00 on October 12, 2026, while keeping a Buy rating, according to Markets Insider. At the latest Nasdaq price of USD 53.15 on October 15, 2026, the new target stood 27.94 percent above the stock.
Results date gives the next marker
California Resources plans to release its third-quarter 2026 results after market hours on November 2, 2026. The company scheduled a conference call for November 3, 2026, according to its GlobeNewswire release dated October 7, 2026.
Price position spans USD 43.24 to USD 71.98
California Resources reported second-quarter 2026 revenue of USD 1.30 billion and adjusted earnings per share of USD 0.99. Revenue exceeded the USD 973.60 million consensus estimate, while adjusted earnings per share trailed the USD 1.37 estimate, according to Investing.com. On October 7, 2026, the company had scheduled the November results release.
The stock's USD 43.24 to USD 71.98 52-week range puts the latest Nasdaq price USD 18.83, or 26.16 percent, below its high. Trading volume was 863,659 shares against an average of 832,215 shares on October 15, 2026.
Valuation and November calendar
California Resources had a market capitalization of USD 4.7 billion, a price earnings ratio of minus 39.08 and a dividend yield of 3.00 percent on October 15, 2026. The Nasdaq price was USD 53.15 at 4:00 p.m. ET, down 1.63 percent from the prior close.
Comparison with peers
California Resources: minus 1.63 percent, price earnings ratio minus 39.08, market capitalization USD 4.7 billion
EOG Resources (NYSE, USD): minus 1.02 percent, price earnings ratio 11.88, market capitalization USD 80.1 billion
Devon Energy (NYSE, USD): minus 1.36 percent, price earnings ratio 11.70, market capitalization USD 54.2 billion
Trading stays below the yearly high
At Lang & Schwarz, California Resources stock was trading at EUR 47.43 on October 15, 2026 at 10:57 p.m. CEST, down 1.63 percent on Nasdaq.
The further course of trading is shown by the continuously updated real-time quote of California Resources stock.
California Resources stock data
- Company: California Resources Corporation
- ISIN: US13057Q3056
- Ticker: CRC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 10:57 p.m. CEST): EUR 47.43
- Daily move on Nasdaq: minus 1.63 percent (October 15, 2026)
- Market capitalization: USD 4.7 billion (as of October 15, 2026)
- 52-week range: USD 43.24-71.98 (as of October 15, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P 500.
