Callon Petroleum - CPE Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $66.63
  • Forecasted Upside: 53.98%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$43.27
▼ -0.62 (-1.41%)

This chart shows the closing price for CPE by one month, three months, or twelve months.

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Analyst Price Target for CPE

Analyst Price Target is $66.63
▲ +53.98% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Callon Petroleum in the last 3 months. The average price target is $66.63, with a high forecast of $94.00 and a low forecast of $45.00. The average price target represents a 53.98% upside from the last price of $43.27.

This chart shows the closing price for CPE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 9 contributing investment analysts is to hold stock in Callon Petroleum. This rating has held steady since September 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
8/7/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
11/5/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
2/3/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/4/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/2/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/31/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
12/30/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/29/2023

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/24/2023Morgan StanleyLower TargetEqual Weight$60.00 ➝ $53.00Low
1/9/2023MizuhoInitiated CoverageBuy$59.00Low
12/5/2022JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$57.00N/A
10/19/2022Morgan StanleyLower TargetEqual Weight$64.00 ➝ $60.00Low
10/7/2022JPMorgan Chase & Co.Lower TargetUnderweight$59.00 ➝ $56.00Low
9/19/2022KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
9/9/2022CitigroupBoost TargetNeutral$40.00 ➝ $45.00Low
8/29/2022Morgan StanleyLower TargetEqual Weight$70.00 ➝ $64.00Low
7/19/2022Morgan StanleyLower TargetEqual Weight$79.00 ➝ $70.00Low
7/13/2022Truist FinancialLower TargetBuy$101.00 ➝ $94.00Low
7/11/2022Wells Fargo & CompanyLower TargetEqual Weight$78.00 ➝ $70.00N/A
7/6/2022JPMorgan Chase & Co.Lower TargetUnderweight$75.00 ➝ $68.00N/A
7/6/2022Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$75.00N/A
6/7/2022JPMorgan Chase & Co.Lower Target$77.00 ➝ $75.00High
6/7/2022Truist FinancialLower TargetBuy$107.00 ➝ $101.00High
4/22/2022Morgan StanleyBoost TargetEqual Weight$63.00 ➝ $79.00High
4/21/2022Truist FinancialBoost Target$100.00 ➝ $109.00High
4/18/2022Roth CapitalUpgradeNeutral ➝ Buy$80.00Medium
3/8/2022Truist FinancialUpgradeHold ➝ Buy$64.00 ➝ $100.00High
1/25/2022Morgan StanleyLower TargetEqual Weight$77.00 ➝ $63.00High
1/21/2022JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$62.00High
1/14/2022Truist FinancialBoost Target$60.00 ➝ $64.00Medium
12/13/2021Morgan StanleyLower TargetEqual Weight$78.00 ➝ $77.00High
11/19/2021Morgan StanleyBoost TargetEqual Weight$55.00 ➝ $78.00High
11/19/2021Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$50.00 ➝ $75.00High
11/11/2021MKM PartnersBoost TargetBuy$69.00 ➝ $77.00High
11/9/2021Royal Bank of CanadaBoost TargetSector Perform$66.00 ➝ $70.00Medium
10/18/2021Royal Bank of CanadaInitiated CoverageSector PerformLow
10/7/2021Truist FinancialBoost TargetHold$37.00 ➝ $55.00Medium
10/6/2021Morgan StanleyBoost TargetEqual Weight$38.00 ➝ $55.00Medium
8/23/2021Morgan StanleyLower TargetEqual Weight$49.00 ➝ $38.00High
8/23/2021Wells Fargo & CompanyLower TargetUnderweight$52.00 ➝ $49.00High
8/5/2021Truist FinancialLower TargetHold$46.00 ➝ $37.00High
7/19/2021Morgan StanleyLower TargetEqual Weight$50.00 ➝ $49.00Medium
7/19/2021MKM PartnersUpgradeNeutral ➝ Buy$47.00 ➝ $54.00Medium
7/19/2021CitigroupBoost TargetNeutral$39.00 ➝ $45.00Medium
7/13/2021Wells Fargo & CompanyBoost TargetUnderweight$49.00 ➝ $52.00Low
7/7/2021Wells Fargo & CompanyBoost TargetUnderweight$39.00 ➝ $49.00High
7/1/2021Truist FinancialBoost TargetHold$43.00 ➝ $61.00Low
6/18/2021Morgan StanleyBoost TargetEqual Weight$39.00 ➝ $50.00Medium
6/10/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$44.00 ➝ $54.00High
5/19/2021Wells Fargo & CompanyBoost TargetUnderweight$26.00 ➝ $39.00Low
5/19/2021Morgan StanleyBoost TargetEqual Weight$37.00 ➝ $39.00Low
5/13/2021Siebert Williams ShankUpgradeHold ➝ BuyHigh
5/10/2021Truist FinancialBoost Target$38.00 ➝ $43.00High
4/15/2021Wells Fargo & CompanyBoost TargetIn-Line ➝ Underweight$21.00 ➝ $26.00Medium
4/14/2021Royal Bank of CanadaBoost TargetOutperform$31.00 ➝ $40.00High
4/1/2021Truist FinancialBoost Target$29.00 ➝ $38.00Low
3/30/2021JPMorgan Chase & Co.Initiated CoverageNeutralMedium
3/11/2021Morgan StanleyBoost TargetEqual Weight$15.00 ➝ $37.00Low
3/8/2021Johnson RiceUpgradeHold ➝ AccumulateLow
3/8/2021MKM PartnersReiterated RatingBuy ➝ Neutral$26.00N/A
3/2/2021MKM PartnersDowngradeBuy ➝ Neutral$20.00 ➝ $26.00Medium
2/26/2021Truist FinancialBoost Target$14.00 ➝ $29.00Medium
2/4/2021Siebert Williams ShankReiterated RatingHold$10.00Low
1/22/2021Siebert Williams ShankUpgradeSell ➝ HoldMedium
1/21/2021CitigroupBoost Target$6.00 ➝ $16.00Medium
12/31/2020Truist FinancialBoost Target$6.00 ➝ $14.00N/A
12/17/2020Royal Bank of CanadaBoost TargetReduce ➝ Outperform$16.00 ➝ $20.00Low
11/17/2020Morgan StanleyBoost TargetEqual Weight$6.00 ➝ $8.00High
11/4/2020MKM PartnersBoost Target$10.00 ➝ $15.00Medium
11/4/2020Northland SecuritiesLower TargetMarket Perform$10.00 ➝ $7.00High
10/30/2020Smith Barney CitigroupLower Target$9.75 ➝ $6.00High
10/19/2020Morgan StanleyLower TargetEqual Weight$8.00 ➝ $6.00High
10/2/2020MKM PartnersLower Target$14.00 ➝ $10.00Low
10/2/2020Royal Bank of CanadaLower TargetOutperform$18.00High
9/25/2020Wells Fargo & CompanyInitiated CoverageUnderweight$4.00High
8/26/2020Siebert Williams ShankReiterated RatingSell$9.00High
8/21/2020Morgan StanleyBoost TargetEqual Weight$7.50 ➝ $8.00High
8/17/2020BarclaysBoost TargetUnderweight$5.00High
8/10/2020Morgan StanleyBoost TargetEqual Weight$7.50Low
7/27/2020Northland SecuritiesReiterated RatingHold$1.00High
7/13/2020ScotiabankBoost TargetSector Perform$1.25High
5/28/2020MKM PartnersInitiated CoverageBuy$2.00Medium
5/14/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
5/4/2020Tudor PickeringDowngradeHold ➝ SellHigh
5/1/2020Siebert Williams ShankDowngradeHold ➝ SellHigh
4/24/2020US Capital AdvisorsDowngradeBuy ➝ Hold$3.00High
4/17/2020Credit Suisse GroupReiterated RatingHold$1.00Medium
4/17/2020Northland SecuritiesReiterated RatingHold$1.00Medium
4/7/2020ScotiabankDowngradeSector Outperform ➝ Sector PerformHigh
3/31/2020Piper SandlerDowngradeNeutral ➝ Underweight$0.50High
3/24/2020BarclaysDowngradeEqual Weight ➝ UnderweightLow
3/20/2020StephensDowngradeOverweight ➝ Equal WeightHigh
3/19/2020Credit Suisse GroupReiterated RatingNeutralHigh
3/17/2020Capital One FinancialDowngradeOverweight ➝ Equal WeightHigh
3/16/2020BMO Capital MarketsDowngradeOutperform ➝ Market PerformLow
3/13/2020Northland SecuritiesDowngradeOutperform ➝ HoldLow
3/13/2020Roth CapitalDowngradeBuy ➝ NeutralHigh
3/11/2020CowenDowngradeOutperform ➝ Market PerformHigh
3/9/2020Piper SandlerDowngradeOverweight ➝ NeutralHigh
3/9/2020Bank of AmericaDowngradeBuy ➝ NeutralHigh
3/9/2020Siebert Williams ShankDowngradeBuy ➝ Hold$2.00High
3/9/2020SunTrust BanksDowngradeBuy ➝ Hold$5.00 ➝ $1.50High
2/27/2020Siebert Williams ShankReiterated RatingBuy$6.00High
2/5/2020BarclaysDowngradeOverweight ➝ Equal Weight$4.00High
1/22/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralHigh
12/23/2019Imperial CapitalBoost TargetOutperform$10.00 ➝ $13.00High
11/19/2019Johnson RiceDowngradeBuy ➝ AccumulateMedium
11/18/2019Northland SecuritiesReiterated RatingBuy$7.00High
10/21/2019Williams CapitalSet TargetBuy$8.00Low
10/21/2019Northland SecuritiesSet TargetBuy$7.00Low
10/4/2019Morgan StanleyLower TargetEqual Weight$6.25 ➝ $4.75Medium
9/23/2019CitigroupLower TargetBuy$10.00 ➝ $8.50Low
8/30/2019BarclaysLower TargetOverweight$9.00 ➝ $6.00Low
8/8/2019Evercore ISIReiterated RatingHold$12.00High
8/7/2019Northland SecuritiesReiterated RatingBuy$10.00High
7/16/2019Northland SecuritiesReiterated RatingBuy$10.00High
7/16/2019Imperial CapitalLower TargetIn-line ➝ In-Line$16.00 ➝ $11.00High
7/16/2019Williams CapitalLower TargetBuy ➝ Buy$12.00 ➝ $10.00High
7/15/2019Jefferies Financial GroupDowngradeBuy ➝ Hold$11.00High
7/1/2019BarclaysUpgradeEqual Weight ➝ Overweight$9.00Medium
6/24/2019Morgan StanleySet TargetHold$8.00Medium
6/14/2019Roth CapitalSet TargetBuy$12.00Low
6/13/2019Williams CapitalSet TargetBuy$12.00Medium
6/13/2019Northland SecuritiesSet TargetBuy$11.00Medium
5/23/2019Capital One FinancialUpgradeEqual Weight ➝ OverweightHigh
5/22/2019StephensSet TargetBuy$11.00Medium
4/23/2019SunTrust BanksSet TargetBuy$12.00Low
4/9/2019Williams CapitalReiterated RatingBuy$12.00Low
3/21/2019Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$9.00High
3/20/2019Capital One FinancialDowngradeOverweight ➝ Equal WeightHigh
2/27/2019Williams CapitalReiterated RatingBuy$12.00High
2/13/2019Imperial CapitalReiterated RatingOutperform ➝ Outperform$12.00 ➝ $15.00Medium
2/11/2019Williams CapitalReiterated RatingBuy$12.00High
1/23/2019CitigroupUpgradeNeutral ➝ Buy$11.00Medium
1/16/2019BarclaysDowngradeOverweight ➝ Equal Weight$14.00 ➝ $10.00Low
1/9/2019Capital One FinancialUpgradeEqual Weight ➝ OverweightMedium
12/20/2018Capital One FinancialDowngradeOverweight ➝ Equal WeightLow
12/14/2018Tudor PickeringDowngradeBuy ➝ HoldHigh
12/12/2018Williams CapitalReiterated RatingBuy$12.00Medium
12/10/2018Evercore ISIUpgradeOutperformHigh
12/7/2018JPMorgan Chase & Co.Set TargetBuy$9.00Medium
12/6/2018StephensInitiated CoverageOverweight$14.00High
11/29/2018CowenInitiated CoverageOutperform ➝ OutperformHigh
11/12/2018Credit Suisse GroupUpgradeNeutral ➝ Outperform$14.00High
11/8/2018Bank of AmericaLower TargetBuy$19.00 ➝ $16.00High
11/7/2018Williams CapitalSet TargetBuy$16.00Low
10/24/2018Williams CapitalInitiated CoverageBuy$16.00High
10/3/2018OppenheimerInitiated CoverageOutperform$16.00High
8/29/2018BarclaysInitiated CoverageOverweight ➝ Overweight$14.00Medium
8/20/2018KLR GroupReiterated RatingBuy$16.00Low
8/12/2018Piper Jaffray CompaniesReiterated RatingBuy$20.00High
7/25/2018StephensSet TargetBuy$20.00Low
6/12/2018Stifel NicolausBoost TargetBuy ➝ Buy$20.00 ➝ $21.00High
4/23/2018KeyCorpBoost TargetOverweight ➝ Buy$15.00 ➝ $16.00Low
4/16/2018SunTrust BanksSet TargetBuy$18.00Low
3/28/2018Stifel NicolausSet TargetBuy$20.00Low
3/15/2018Piper Jaffray CompaniesReiterated RatingBuy$16.00Medium
3/14/2018Jefferies Financial GroupSet TargetBuy$18.00Medium
3/9/2018B. RileySet TargetHold$12.00Low
3/1/2018Imperial CapitalReiterated RatingOutperform ➝ Outperform$17.00 ➝ $21.00Low
2/6/2018SunTrust BanksReiterated RatingBuy$16.00Low
2/5/2018B. RileyInitiated CoverageNeutral ➝ Neutral$11.75Low
2/1/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy ➝ Buy$15.00Medium
1/30/2018Jefferies Financial GroupReiterated RatingBuy$17.00Medium
(Data available from 1/29/2018 forward)

News Sentiment Rating

0.69 (Buy)

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

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
7/3/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/2/2022
  • 5 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
9/1/2022
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/1/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
10/31/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/30/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/30/2022
  • 6 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/29/2023

Current Sentiment

  • 6 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Callon Petroleum logo
Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2021, its estimated net proved reserves totaled approximately 484.6 million barrel of oil equivalent, including 290.3 MMBbls oil, 577.3 Bcf of natural gas, and 98.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.
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Today's Range

Now: $43.27
Low: $43.12
High: $44.49

50 Day Range

MA: $38.44
Low: $34.20
High: $43.89

52 Week Range

Now: $43.27
Low: $31.23
High: $66.48

Volume

725,846 shs

Average Volume

888,510 shs

Market Capitalization

$2.67 billion

P/E Ratio

2.17

Dividend Yield

N/A

Beta

2.63

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., JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Roth Capital, Royal Bank of Canada, StockNews.com, Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for CPE.

What is the current price target for Callon Petroleum?

8 Wall Street analysts have set twelve-month price targets for Callon Petroleum in the last year. Their average twelve-month price target is $66.63, suggesting a possible upside of 54.0%. Truist Financial Co. has the highest price target set, predicting CPE will reach $94.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $45.00 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 5 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CPE, but not buy more shares or sell existing shares.
View the latest ratings for CPE.

What other companies compete with 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.