Not a good buy right now for an impatient trader: momentum is weakening (bearish MACD) and near-term odds tilt slightly negative over the next week.
Price is sitting just below a key support zone (~21.83); that can bounce, but without a proprietary buy signal it’s not a high-conviction entry.
Options sentiment is bullish (low put/call), but it’s not being confirmed by strong options volume; analyst view is mixed-to-cautious and recent financial profitability trends are weak.
Best stance right now: HOLD / avoid chasing—only becomes attractive if it reclaims the pivot area (~23.51) with improving momentum.
Technical Analysis
Trend/MAs: Bullish moving-average stack (SMA_5 > SMA_20 > SMA_200) suggests the broader trend has been constructive.
Momentum: MACD histogram is negative (-0.0985) and bearishly expanding, indicating downside momentum is currently increasing.
RSI: RSI_6 ~37.99 (lower-neutral, nearing oversold) — supports the idea of a possible short-term bounce, but not a confirmed reversal.
Levels: Price 21.75 is slightly below S1 (21.834). If support fails, next support is ~20.801 (S2). Upside resistance/pivot to regain is ~23.507, then 25.181.
Pattern-based stats: Similar-pattern read shows modest upside next day (+0.69%) but negative bias over next week (-1.97%).
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment: Low put/call ratios (OI and volume) skew bullish/“call-heavy,” suggesting traders are positioned more for upside than downside.
Activity: Today’s options volume (2,099) is well below the 5D/10D averages (~6,339 / ~5,593), so the bullish skew is not backed by unusually strong participation.
Volatility: IV30 ~59.76 vs HV ~63.24 (IV slightly below realized). IV percentile ~62.8 indicates moderately elevated IV; not extreme, but not cheap either.
Technical Summary
Sell
7
Buy
7
Positive Catalysts
with RSI near oversold can produce a short-term bounce.
Neutral/Negative Catalysts
No recent positive news flow (no news in the last week), reducing near-term catalyst support.
Financial Performance
Latest reported quarter: 2025/Q3.
Revenue: 449.852M, up +47.75% YoY (strong top-line growth).
Profitability: Net income fell to 111.128M (down -484.65% YoY) and EPS fell to 0.38 (down -480% YoY).
Recent rating/target direction is mixed but tilting cautious: BofA downgraded to Neutral (PT 24 from 27); Morgan Stanley stayed Equal Weight (PT 20 from 19).
Bullish outlier: Clear Street maintains Buy (PT 29) citing gas exposure and perceived NAV upside; Mizuho remains Neutral (PT 29 from 21).
Wall Street pros/cons (net view):
Pros: Pure-play dry gas exposure can benefit if natural gas prices strengthen; some analysts see NAV upside.
Cons: Multiple cautious/bearish ratings plus explicit oversupply risk in 2027; wide dispersion in targets (8 to 29) signals high uncertainty.
Wall Street analysts forecast CRK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRK is 20 USD with a low forecast of 8 USD and a high forecast of 29 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast CRK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRK is 20 USD with a low forecast of 8 USD and a high forecast of 29 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
4 Hold
3 Sell
Hold
Current: 20.800
Low
8
Averages
20
High
29
Current: 20.800
Low
8
Averages
20
High
29
Morgan Stanley
Equal Weight
maintain
$19 -> $20
AI Analysis
2026-01-23
Reason
Morgan Stanley
Price Target
$19 -> $20
AI Analysis
2026-01-23
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Comstock Resources to $20 from $19 and keeps an Equal Weight rating on the shares. The firm marked its 2026-27 oil price deck for strip as of January 7 in conjunction with its Q4 preview for the E&Ps, oil majors and Canadian producers. The firm expects "fairly clean" Q4 operational updates but lighter cash flow from price realizations, the analyst tells investors in the preview.
BofA
Buy
to
Neutral
downgrade
$27 -> $24
2026-01-16
Reason
BofA
Price Target
$27 -> $24
2026-01-16
downgrade
Buy
to
Neutral
Reason
BofA downgraded Comstock Resources to Neutral from Buy with a price target of $24, down from $27. Bullish sentiment on natural gas has persisted for 18 months, but the firm sees rising risk of oversupply in 2027, which combined with lower price forecasts drives an average 12% reduction in its price objectives among the gas-levered E&P group.
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