Callon Petroleum - CPE Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Moderate Buy
Consensus Price Target: $40.33
Forecasted Upside: 12.79%
Number of Analysts: 6
Breakdown:
0 Sell Ratings
3 Hold Ratings
3 Buy Ratings
0 Strong Buy Ratings

^$35.76 As of 04/11/2024 01:00 AM ET

+0 (0.00%)

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Analyst Price Target for CPE

^$40.33

▲ +12.79% Upside Potential

This price target is based on 6 analysts offering 12 month price targets for Callon Petroleum in the last 3 months. The average price target is $40.33, with a high forecast of $48.00 and a low forecast of $32.00. The average price target represents a 12.79% upside from the last price of $35.76.

Current Consensus is Moderate Buy

The current consensus among 6 polled investment analysts is to moderate buy stock in Callon Petroleum. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

11/25/2022

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/23/2023

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

5/24/2023

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

8/22/2023

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

11/20/2023

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

2/18/2024

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

4/18/2024

0 strong buy ratings
3 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

5/18/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/15/2024	Mizuho	Lower Target	Neutral ➝ Neutral	$38.00 ➝ $35.00	N/A
2/26/2024	Mizuho	Lower Target	Neutral ➝ Neutral	$40.00 ➝ $38.00	Low
1/23/2024	Stifel Nicolaus	Reiterated Rating	Buy ➝ Hold	$44.00 ➝ $32.00	Low
1/3/2024	Mizuho	Downgrade	Buy ➝ Neutral	$60.00 ➝ $40.00	Low
11/30/2023	Stifel Nicolaus	Lower Target	Buy ➝ Buy	$54.00 ➝ $44.00	Low
11/29/2023	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$41.00 ➝ $40.00	Low
11/22/2023	Royal Bank of Canada	Lower Target	Outperform ➝ Outperform	$50.00 ➝ $42.00	Low
10/4/2023	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$50.00	Low
9/18/2023	Mizuho	Boost Target	Buy ➝ Buy	$59.00 ➝ $63.00	Low
8/18/2023	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$40.00 ➝ $41.00	Low
8/16/2023	Citigroup	Upgrade	Neutral ➝ Buy	$40.00 ➝ $45.00	Low
8/9/2023	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$50.00	Low
8/9/2023	Citigroup	Boost Target	Neutral ➝ Neutral	$36.00 ➝ $40.00	N/A
8/7/2023	Truist Financial	Lower Target	Buy ➝ Buy	$51.00 ➝ $48.00	Low
7/24/2023	Truist Financial	Lower Target		$71.00 ➝ $51.00	Low
7/18/2023	Morgan Stanley	Lower Target	Equal Weight	$43.00 ➝ $40.00	Low
7/10/2023	Royal Bank of Canada	Lower Target		$55.00 ➝ $50.00	Low
6/30/2023	Mizuho	Boost Target	Buy	$54.00 ➝ $59.00	Low
5/23/2023	Stifel Nicolaus	Lower Target		$58.00 ➝ $53.00	Low
5/21/2023	Citigroup	Lower Target		$40.00 ➝ $36.00	Low
5/8/2023	Truist Financial	Boost Target		$55.00 ➝ $71.00	Low
4/27/2023	Stifel Nicolaus	Boost Target		$56.00 ➝ $58.00	Low
4/20/2023	Citigroup	Lower Target	Neutral	$43.00 ➝ $40.00	Low
4/19/2023	Morgan Stanley	Lower Target	Equal Weight	$45.00 ➝ $43.00	Low
4/14/2023	Stifel Nicolaus	Lower Target	Buy	$68.00 ➝ $56.00	Low
4/11/2023	Truist Financial	Boost Target	Buy	$54.00 ➝ $55.00	Low
3/27/2023	Morgan Stanley	Lower Target	Equal Weight	$53.00 ➝ $45.00	Low
3/22/2023	Royal Bank of Canada	Reiterated Rating	Outperform	$60.00	Low
3/10/2023	Mizuho	Lower Target		$65.00 ➝ $54.00	Low
2/21/2023	Truist Financial	Lower Target	Buy	$59.00 ➝ $52.00	Low
1/24/2023	Morgan Stanley	Lower Target	Equal Weight	$60.00 ➝ $53.00	Low
1/9/2023	Mizuho	Initiated Coverage	Buy	$59.00	Low
12/5/2022	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral	$57.00	N/A
10/19/2022	Morgan Stanley	Lower Target	Equal Weight	$64.00 ➝ $60.00	Low
10/7/2022	JPMorgan Chase & Co.	Lower Target	Underweight	$59.00 ➝ $56.00	Low
9/19/2022	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		Low
9/9/2022	Citigroup	Boost Target	Neutral	$40.00 ➝ $45.00	Low
8/29/2022	Morgan Stanley	Lower Target	Equal Weight	$70.00 ➝ $64.00	Low
7/19/2022	Morgan Stanley	Lower Target	Equal Weight	$79.00 ➝ $70.00	Low
7/13/2022	Truist Financial	Lower Target	Buy	$101.00 ➝ $94.00	Low
7/11/2022	Wells Fargo & Company	Lower Target	Equal Weight	$78.00 ➝ $70.00	N/A
7/6/2022	JPMorgan Chase & Co.	Lower Target	Underweight	$75.00 ➝ $68.00	N/A
7/6/2022	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$75.00	N/A
6/7/2022	JPMorgan Chase & Co.	Lower Target		$77.00 ➝ $75.00	High
6/7/2022	Truist Financial	Lower Target	Buy	$107.00 ➝ $101.00	High
4/22/2022	Morgan Stanley	Boost Target	Equal Weight	$63.00 ➝ $79.00	High
4/21/2022	Truist Financial	Boost Target		$100.00 ➝ $109.00	High
4/18/2022	Roth Capital	Upgrade	Neutral ➝ Buy	$80.00	Medium
3/8/2022	Truist Financial	Upgrade	Hold ➝ Buy	$64.00 ➝ $100.00	High
1/25/2022	Morgan Stanley	Lower Target	Equal Weight	$77.00 ➝ $63.00	High
1/21/2022	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$62.00	High
1/14/2022	Truist Financial	Boost Target		$60.00 ➝ $64.00	Medium
12/13/2021	Morgan Stanley	Lower Target	Equal Weight	$78.00 ➝ $77.00	High
11/19/2021	Morgan Stanley	Boost Target	Equal Weight	$55.00 ➝ $78.00	High
11/19/2021	Wells Fargo & Company	Upgrade	Underweight ➝ Equal Weight	$50.00 ➝ $75.00	High
11/11/2021	MKM Partners	Boost Target	Buy	$69.00 ➝ $77.00	High
11/9/2021	Royal Bank of Canada	Boost Target	Sector Perform	$66.00 ➝ $70.00	Medium
10/18/2021	Royal Bank of Canada	Initiated Coverage	Sector Perform		Low
10/7/2021	Truist Financial	Boost Target	Hold	$37.00 ➝ $55.00	Medium
10/6/2021	Morgan Stanley	Boost Target	Equal Weight	$38.00 ➝ $55.00	Medium
8/23/2021	Morgan Stanley	Lower Target	Equal Weight	$49.00 ➝ $38.00	High
8/23/2021	Wells Fargo & Company	Lower Target	Underweight	$52.00 ➝ $49.00	High
8/5/2021	Truist Financial	Lower Target	Hold	$46.00 ➝ $37.00	High
7/19/2021	Morgan Stanley	Lower Target	Equal Weight	$50.00 ➝ $49.00	Medium
7/19/2021	MKM Partners	Upgrade	Neutral ➝ Buy	$47.00 ➝ $54.00	Medium
7/19/2021	Citigroup	Boost Target	Neutral	$39.00 ➝ $45.00	Medium
7/13/2021	Wells Fargo & Company	Boost Target	Underweight	$49.00 ➝ $52.00	Low
7/7/2021	Wells Fargo & Company	Boost Target	Underweight	$39.00 ➝ $49.00	High
7/1/2021	Truist Financial	Boost Target	Hold	$43.00 ➝ $61.00	Low
6/18/2021	Morgan Stanley	Boost Target	Equal Weight	$39.00 ➝ $50.00	Medium
6/10/2021	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$44.00 ➝ $54.00	High
5/19/2021	Wells Fargo & Company	Boost Target	Underweight	$26.00 ➝ $39.00	Low
5/19/2021	Morgan Stanley	Boost Target	Equal Weight	$37.00 ➝ $39.00	Low
5/13/2021	Siebert Williams Shank	Upgrade	Hold ➝ Buy		High
5/10/2021	Truist Financial	Boost Target		$38.00 ➝ $43.00	High
4/15/2021	Wells Fargo & Company	Boost Target	In-Line ➝ Underweight	$21.00 ➝ $26.00	Medium
4/14/2021	Royal Bank of Canada	Boost Target	Outperform	$31.00 ➝ $40.00	High
4/1/2021	Truist Financial	Boost Target		$29.00 ➝ $38.00	Low
3/30/2021	JPMorgan Chase & Co.	Initiated Coverage	Neutral		Medium
3/11/2021	Morgan Stanley	Boost Target	Equal Weight	$15.00 ➝ $37.00	Low
3/8/2021	Johnson Rice	Upgrade	Hold ➝ Accumulate		Low
3/8/2021	MKM Partners	Reiterated Rating	Buy ➝ Neutral	$26.00	N/A
3/2/2021	MKM Partners	Downgrade	Buy ➝ Neutral	$20.00 ➝ $26.00	Medium
2/26/2021	Truist Financial	Boost Target		$14.00 ➝ $29.00	Medium
2/4/2021	Siebert Williams Shank	Reiterated Rating	Hold	$10.00	Low
1/22/2021	Siebert Williams Shank	Upgrade	Sell ➝ Hold		Medium
1/21/2021	Citigroup	Boost Target		$6.00 ➝ $16.00	Medium
12/31/2020	Truist Financial	Boost Target		$6.00 ➝ $14.00	N/A
12/17/2020	Royal Bank of Canada	Boost Target	Reduce ➝ Outperform	$16.00 ➝ $20.00	Low
11/17/2020	Morgan Stanley	Boost Target	Equal Weight	$6.00 ➝ $8.00	High
11/4/2020	MKM Partners	Boost Target		$10.00 ➝ $15.00	Medium
11/4/2020	Northland Securities	Lower Target	Market Perform	$10.00 ➝ $7.00	High
10/30/2020	Smith Barney Citigroup	Lower Target		$9.75 ➝ $6.00	High
10/19/2020	Morgan Stanley	Lower Target	Equal Weight	$8.00 ➝ $6.00	High
10/2/2020	MKM Partners	Lower Target		$14.00 ➝ $10.00	Low
10/2/2020	Royal Bank of Canada	Lower Target	Outperform	$18.00	High
9/25/2020	Wells Fargo & Company	Initiated Coverage	Underweight	$4.00	High
8/26/2020	Siebert Williams Shank	Reiterated Rating	Sell	$9.00	High
8/21/2020	Morgan Stanley	Boost Target	Equal Weight	$7.50 ➝ $8.00	High
8/17/2020	Barclays	Boost Target	Underweight	$5.00	High
8/10/2020	Morgan Stanley	Boost Target	Equal Weight	$7.50	Low
7/27/2020	Northland Securities	Reiterated Rating	Hold	$1.00	High
7/13/2020	Scotiabank	Boost Target	Sector Perform	$1.25	High
5/28/2020	MKM Partners	Initiated Coverage	Buy	$2.00	Medium
5/14/2020	Bank of America	Downgrade	Neutral ➝ Underperform		High
5/4/2020	Tudor Pickering	Downgrade	Hold ➝ Sell		High
5/1/2020	Siebert Williams Shank	Downgrade	Hold ➝ Sell		High
4/24/2020	US Capital Advisors	Downgrade	Buy ➝ Hold	$3.00	High
4/17/2020	Credit Suisse Group	Reiterated Rating	Hold	$1.00	Medium
4/17/2020	Northland Securities	Reiterated Rating	Hold	$1.00	Medium
4/7/2020	Scotiabank	Downgrade	Sector Outperform ➝ Sector Perform		High
3/31/2020	Piper Sandler	Downgrade	Neutral ➝ Underweight	$0.50	High
3/24/2020	Barclays	Downgrade	Equal Weight ➝ Underweight		Low
3/20/2020	Stephens	Downgrade	Overweight ➝ Equal Weight		High
3/19/2020	Credit Suisse Group	Reiterated Rating	Neutral		High
3/17/2020	Capital One Financial	Downgrade	Overweight ➝ Equal Weight		High
3/16/2020	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform		Low
3/13/2020	Northland Securities	Downgrade	Outperform ➝ Hold		Low
3/13/2020	Roth Capital	Downgrade	Buy ➝ Neutral		High
3/11/2020	Cowen	Downgrade	Outperform ➝ Market Perform		High
3/9/2020	Piper Sandler	Downgrade	Overweight ➝ Neutral		High
3/9/2020	Bank of America	Downgrade	Buy ➝ Neutral		High
3/9/2020	Siebert Williams Shank	Downgrade	Buy ➝ Hold	$2.00	High
3/9/2020	SunTrust Banks	Downgrade	Buy ➝ Hold	$5.00 ➝ $1.50	High
2/27/2020	Siebert Williams Shank	Reiterated Rating	Buy	$6.00	High
2/5/2020	Barclays	Downgrade	Overweight ➝ Equal Weight	$4.00	High
1/22/2020	Credit Suisse Group	Downgrade	Outperform ➝ Neutral		High
12/23/2019	Imperial Capital	Boost Target	Outperform	$10.00 ➝ $13.00	High
11/19/2019	Johnson Rice	Downgrade	Buy ➝ Accumulate		Medium
11/18/2019	Northland Securities	Reiterated Rating	Buy	$7.00	High
10/21/2019	Williams Capital	Set Target	Buy	$8.00	Low
10/21/2019	Northland Securities	Set Target	Buy	$7.00	Low
10/4/2019	Morgan Stanley	Lower Target	Equal Weight	$6.25 ➝ $4.75	Medium
9/23/2019	Citigroup	Lower Target	Buy	$10.00 ➝ $8.50	Low
8/30/2019	Barclays	Lower Target	Overweight	$9.00 ➝ $6.00	Low
8/8/2019	Evercore ISI	Reiterated Rating	Hold	$12.00	High
8/7/2019	Northland Securities	Reiterated Rating	Buy	$10.00	High
7/16/2019	Northland Securities	Reiterated Rating	Buy	$10.00	High
7/16/2019	Imperial Capital	Lower Target	In-line ➝ In-Line	$16.00 ➝ $11.00	High
7/16/2019	Williams Capital	Lower Target	Buy ➝ Buy	$12.00 ➝ $10.00	High
7/15/2019	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$11.00	High
7/1/2019	Barclays	Upgrade	Equal Weight ➝ Overweight	$9.00	Medium
6/24/2019	Morgan Stanley	Set Target	Hold	$8.00	Medium
6/14/2019	Roth Capital	Set Target	Buy	$12.00	Low
6/13/2019	Williams Capital	Set Target	Buy	$12.00	Medium
6/13/2019	Northland Securities	Set Target	Buy	$11.00	Medium
5/23/2019	Capital One Financial	Upgrade	Equal Weight ➝ Overweight		High
5/22/2019	Stephens	Set Target	Buy	$11.00	Medium

(Data available from 5/18/2019 forward)

News Sentiment Rating

-0.11 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

5 very positive mentions
5 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

10/21/2023

3 very positive mentions
5 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

11/20/2023

2 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

12/20/2023

10 very positive mentions
9 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

1/19/2024

5 very positive mentions
6 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

2/18/2024

16 very positive mentions
13 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

3/19/2024

8 very positive mentions
4 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

4/18/2024

0 very positive mentions
2 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

5/18/2024

Current Sentiment

Recent Stories by Sentiment

Very Negative

seekingalpha.com
5/10/2024
APA Corporation Q1 Earnings: Still A Buy Despite Disappointing Production Guidance?

Negative

No negative mentions tracked during this time.

Positive

bizjournals.com
19 hours ago
Permian Basin sees series of recent natural gas expansions, merger deals
americanbankingnews.com
5/15/2024
StockNews.com Begins Coverage on Callon Petroleum (NYSE:CPE)

Very Positive

No very positive mentions tracked during this time.

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. Callon Petroleum Company was founded in 1950 and is headquartered in Houston, Texas.

Today's Range

Now: $35.76

$35.76

50 Day Range

MA: $35.14

$31.76

$36.06

52 Week Range

Now: $35.76

$28.62

$41.36

Volume

N/A

Average Volume

2,146,205 shs

Market Capitalization

$2.38 billion

P/E Ratio

5.87

Dividend Yield

N/A

Beta

2.46

Frequently Asked Questions

What sell-side analysts currently cover shares of Callon Petroleum?: The following Wall Street analysts have issued research reports on Callon Petroleum in the last twelve months: Citigroup Inc., Mizuho, Morgan Stanley, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, and Truist Financial Co..
View the latest analyst ratings for CPE.
What is the current price target for Callon Petroleum?: 6 Wall Street analysts have set twelve-month price targets for Callon Petroleum in the last year. Their average twelve-month price target is $40.33, suggesting a possible upside of 12.8%. Truist Financial Co. has the highest price target set, predicting CPE will reach $48.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $32.00 for Callon Petroleum in the next year.
View the latest price targets for CPE.
What is the current consensus analyst rating for Callon Petroleum?: Callon Petroleum currently has 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CPE.
What other companies compete with Callon Petroleum?: Other companies that are similar to Callon Petroleum include Chesapeake Energy, Chesapeake Energy, Chesapeake Energy, HighPeak Energy and Brooge Energy. Learn More about companies similar to Callon Petroleum.
How do I contact Callon Petroleum's investor relations team?: Callon Petroleum's physical mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The oil and natural gas company's listed phone number is (281) 589-5200 and its investor relations email address is [email protected]. The official website for Callon Petroleum is www.callon.com. Learn More about contacing Callon Petroleum investor relations.

Callon Petroleum - CPE Stock Price Target and Predictions

Analyst Price Target for CPE

Current Consensus is Moderate Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

-0.11 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Callon Petroleum?

What is the current price target for Callon Petroleum?

What is the current consensus analyst rating for Callon Petroleum?

What other companies compete with Callon Petroleum?

How do I contact Callon Petroleum's investor relations team?