Coterra Energy (NYSE:CTRA) Stock Price Expected to Rise, Wolfe Research Analyst Says

Coterra Energy (NYSE:CTRA) had its price target lifted by stock analysts at Wolfe Research from $33.00 to $40.00 in a note issued to investors on Tuesday,MarketScreener reports. Wolfe Research’s price target indicates a potential upside of 41.74% from the stock’s current price.

Several other equities analysts have also recently issued reports on CTRA. Susquehanna boosted their target price on shares of Coterra Energy from $32.00 to $34.00 and gave the company a “positive” rating in a research note on Tuesday. The Goldman Sachs Group lowered their target price on shares of Coterra Energy from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 15th. JPMorgan Chase & Co. reduced their price target on Coterra Energy from $34.00 to $31.00 and set an “overweight” rating for the company in a report on Monday, January 12th. BMO Capital Markets lowered their price target on Coterra Energy from $33.00 to $32.00 and set a “market perform” rating on the stock in a research report on Monday, December 15th. Finally, Siebert Williams Shank boosted their price objective on Coterra Energy from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Fourteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.14.

Coterra Energy Stock Performance

Shares of NYSE:CTRA traded up $0.41 during trading on Tuesday, hitting $28.22. The stock had a trading volume of 2,636,335 shares, compared to its average volume of 11,476,720. The stock has a 50-day simple moving average of $26.34 and a two-hundred day simple moving average of $24.93. The stock has a market capitalization of $21.49 billion, a price-to-earnings ratio of 13.05, a price-to-earnings-growth ratio of 0.69 and a beta of 0.36. Coterra Energy has a 12-month low of $22.33 and a 12-month high of $29.82. The company has a quick ratio of 0.98, a current ratio of 1.02 and a debt-to-equity ratio of 0.25.

Coterra Energy (NYSE:CTRA) last released its quarterly earnings data on Monday, November 3rd. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.02). The business had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Coterra Energy had a net margin of 23.25% and a return on equity of 11.23%. The firm’s revenue was up 33.7% on a year-over-year basis. During the same period last year, the company earned $0.32 earnings per share. On average, equities research analysts expect that Coterra Energy will post 1.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Advisors Asset Management Inc. lifted its holdings in Coterra Energy by 0.7% in the third quarter. Advisors Asset Management Inc. now owns 60,796 shares of the company’s stock valued at $1,438,000 after acquiring an additional 398 shares during the last quarter. KLCM Advisors Inc. increased its holdings in Coterra Energy by 4.2% in the 3rd quarter. KLCM Advisors Inc. now owns 9,855 shares of the company’s stock valued at $233,000 after purchasing an additional 400 shares during the last quarter. Pinnacle Associates Ltd. raised its position in Coterra Energy by 2.8% in the third quarter. Pinnacle Associates Ltd. now owns 15,336 shares of the company’s stock valued at $363,000 after purchasing an additional 415 shares during the period. Profund Advisors LLC lifted its stake in Coterra Energy by 1.4% during the third quarter. Profund Advisors LLC now owns 30,969 shares of the company’s stock worth $732,000 after purchasing an additional 418 shares in the last quarter. Finally, AAFMAA Wealth Management & Trust LLC boosted its position in shares of Coterra Energy by 1.0% during the third quarter. AAFMAA Wealth Management & Trust LLC now owns 43,009 shares of the company’s stock worth $1,017,000 after buying an additional 429 shares during the period. Institutional investors and hedge funds own 87.92% of the company’s stock.

Trending Headlines about Coterra Energy

Here are the key news stories impacting Coterra Energy this week:

• Positive Sentiment: The deal creates a large-cap, Delaware Basin‑focused shale operator that management says will drive scale, cost synergies and a stronger free‑cash‑flow profile for combined shareholders. US shale producers Devon and Coterra to merge in a $58 billion deal
• Positive Sentiment: Large shareholder Kimmeridge publicly supports the combination, which reduces risk that a major investor will oppose the transaction and may help smooth the approval path. KIMMERIDGE COMMENTS ON PROPOSED MERGER OF COTERRA AND DEVON
• Positive Sentiment: Scotiabank reaffirmed a “sector perform” rating and set a $31 price target, implying upside versus recent levels and signaling some analyst confidence in the combined value proposition. Benzinga
• Neutral Sentiment: Analysts and commentators are digesting valuation and longer‑term returns for CTRA ahead of deal close; several note the potential for improved scale but debate the fairness of the exchange ratio. Coterra And Devon Merger Reshapes Shale Outlook And Valuation Case
• Neutral Sentiment: Company M&A call transcript and additional write‑ups provide details on integration plans and expected synergies; these are useful for modeling post‑deal cash flow but won’t resolve near‑term market uncertainty. Coterra Energy Inc. (CTRA) M&A Call Transcript
• Negative Sentiment: Both Devon and Coterra shares initially fell on the merger announcement as investors weigh dilution/terms, integration risk and the potential that the market already priced some deal benefits. Devon Energy and Coterra Energy stock falls on merger announcement
• Negative Sentiment: Multiple law firms have launched investigations and shareholder‑class action alerts questioning whether Coterra shareholders are receiving a fair price, adding legal and closing‑risk overhang. SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Coterra Energy, Inc.

Coterra Energy Company Profile

Coterra Energy (NYSE: CTRA) is an independent oil and natural gas exploration and production company focused on the development, production and optimization of onshore hydrocarbon resources in the United States. The company’s operations center on the exploration, drilling, completion and production of crude oil, natural gas and natural gas liquids (NGLs), with an emphasis on maximizing operational efficiency and capital discipline across its asset base.

Its business activities include identifying and developing resource-rich acreage, operating producing wells, managing reservoir performance and marketing produced hydrocarbons to a range of midstream and energy customers.