Crescent Energy (NYSE:CRGY) Stock Rating Lowered by Zacks Research

Posted by Geri Gentry on Jul 1st, 2026

Crescent Energy (NYSE:CRGY – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other analysts have also commented on CRGY. Stephens reiterated an “overweight” rating and issued a $18.00 price target on shares of Crescent Energy in a research report on Tuesday, May 5th. Wall Street Zen downgraded Crescent Energy from a “buy” rating to a “hold” rating in a research report on Saturday. JPMorgan Chase & Co. upgraded Crescent Energy from a “neutral” rating to an “overweight” rating and set a $19.00 target price on the stock in a report on Friday, March 20th. Johnson Rice reissued an “accumulate” rating and set a $19.00 price target on shares of Crescent Energy in a research report on Wednesday, March 25th. Finally, William Blair reissued an “outperform” rating on shares of Crescent Energy in a report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $15.82.

View Our Latest Stock Analysis on CRGY

Crescent Energy Trading Down 1.8%

NYSE:CRGY opened at $9.82 on Monday. Crescent Energy has a 52-week low of $7.68 and a 52-week high of $14.29. 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 stock has a fifty day simple moving average of $12.02 and a 200-day simple moving average of $10.99. The company has a market capitalization of $3.24 billion, a PE ratio of -13.10 and a beta of 1.37.

Crescent Energy (NYSE:CRGY – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.14. Crescent Energy had a negative net margin of 7.47% and a positive return on equity of 8.10%. The firm had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the company earned $0.57 EPS. The firm’s revenue was up 24.5% on a year-over-year basis. On average, equities research analysts expect that Crescent Energy will post 1.98 earnings per share for the current fiscal year.

Institutional Trading of Crescent Energy

A number of hedge funds have recently bought and sold shares of CRGY. Kohlberg Kravis Roberts & Co. L.P. grew its stake in Crescent Energy by 7.1% in the 1st quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 28,655,357 shares of the company’s stock worth $386,847,000 after acquiring an additional 1,897,230 shares during the period. Vanguard Group Inc. lifted its stake in shares of Crescent Energy by 34.6% during the 4th quarter. Vanguard Group Inc. now owns 27,292,081 shares of the company’s stock worth $228,981,000 after purchasing an additional 7,015,982 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Crescent Energy by 2.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 13,171,033 shares of the company’s stock worth $177,810,000 after purchasing an additional 298,818 shares during the period. State Street Corp boosted its holdings in shares of Crescent Energy by 27.6% during the fourth quarter. State Street Corp now owns 12,808,605 shares of the company’s stock worth $107,464,000 after purchasing an additional 2,767,096 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Crescent Energy by 29.0% during the fourth quarter. Geode Capital Management LLC now owns 5,592,793 shares of the company’s stock worth $46,935,000 after purchasing an additional 1,256,114 shares during the last quarter. Institutional investors and hedge funds own 52.11% of the company’s stock.

Crescent Energy Company Profile

(Get Free Report)

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.