Wolfe Research Forecasts Strong Price Appreciation for Coterra Energy (NYSE:CTRA) Stock

Coterra Energy (NYSE:CTRA) had its price target hoisted by research analysts at Wolfe Research from $33.00 to $40.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. Wolfe Research’s price objective would suggest a potential upside of 30.98% from the company’s current price.

CTRA has been the topic of a number of other reports. JPMorgan Chase & Co. dropped their price objective on shares of Coterra Energy from $34.00 to $31.00 and set an “overweight” rating on the stock in a research note on Monday, January 12th. Morgan Stanley lowered their target price on Coterra Energy from $29.00 to $28.00 and set an “equal weight” rating for the company in a report on Tuesday, October 14th. Raymond James Financial lifted their price target on Coterra Energy from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Monday, November 24th. Barclays reduced their price target on Coterra Energy from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Wednesday, January 21st. Finally, Mizuho raised their price objective on Coterra Energy from $33.00 to $36.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. Fourteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $33.40.

Coterra Energy Stock Performance

Shares of Coterra Energy stock opened at $30.54 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.98 and a debt-to-equity ratio of 0.25. The stock’s fifty day moving average price is $26.49 and its 200-day moving average price is $25.00. The firm has a market cap of $23.25 billion, a P/E ratio of 14.07, a P/E/G ratio of 0.70 and a beta of 0.38. Coterra Energy has a 12 month low of $22.33 and a 12 month high of $30.64.

Coterra Energy (NYSE:CTRA) last issued its earnings results on Monday, November 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.02). The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.83 billion. Coterra Energy had a return on equity of 11.23% and a net margin of 23.25%.The firm’s revenue was up 33.7% on a year-over-year basis. During the same quarter in the previous 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 Investors Weigh In On Coterra Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Global Wealth Management Investment Advisory Inc. grew its stake in shares of Coterra Energy by 4.5% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 183,990 shares of the company’s stock worth $4,843,000 after acquiring an additional 7,852 shares during the last quarter. Independent Advisor Alliance boosted its stake in Coterra Energy by 1.3% in the 4th quarter. Independent Advisor Alliance now owns 51,663 shares of the company’s stock worth $1,360,000 after purchasing an additional 645 shares in the last quarter. Argos Wealth Advisors LLC acquired a new stake in Coterra Energy in the 4th quarter worth approximately $314,000. Meridian Wealth Management LLC grew its position in Coterra Energy by 45.4% during the 4th quarter. Meridian Wealth Management LLC now owns 12,718 shares of the company’s stock worth $335,000 after purchasing an additional 3,970 shares during the last quarter. Finally, HighPoint Advisor Group LLC increased its stake in Coterra Energy by 7.7% during the 4th quarter. HighPoint Advisor Group LLC now owns 42,065 shares of the company’s stock valued at $1,107,000 after purchasing an additional 3,022 shares in the last quarter. 87.92% of the stock is currently owned by hedge funds and other institutional investors.

Key Coterra Energy News

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

• Positive Sentiment: Merger creates a much larger, Delaware‑focused producer with scale and synergies that could lift long‑term cash flow and valuation — a key bullish driver behind today’s buying. Coterra Energy and Devon Energy Seal $58 Billion Merger Deal
• Positive Sentiment: Analyst bullishness: Wolfe Research boosted its price target substantially (to $40), signaling large upside on the merger thesis and supporting momentum in the stock. Wolfe Research adjusts price target on Coterra Energy to $40 from $33
• Positive Sentiment: Additional support from Susquehanna raising its target to $34 and maintaining a positive view — adds buy‑side validation of the strategic rationale. Susquehanna adjusts price target on Coterra Energy to $34 from $32
• Neutral Sentiment: Deal mechanics: the agreement is an all‑stock merger where Coterra holders receive 0.70 Devon shares per CTRA share (Devon to be the surviving company); outcome depends on shareholder votes and integration execution. Coterra Energy And Devon To Merge, With Devon Being The Surviving Corporation
• Negative Sentiment: Legal and governance scrutiny: two law firms (Kahn Swick & Foti and Wohl & Fruchter) have opened investigations into the fairness of the proposed sale and the adequacy of the exchange ratio, which could delay the deal, increase transaction costs or pressure the offer. Coterra Energy Investor Alert: Kahn Swick & Foti Investigates
• Negative Sentiment: Analyst caution/downgrades and governance questions: Scotiabank kept a cautious stance (sector perform / $31 PT) and there’s press scrutiny about valuation and governance of the exchange ratio; some desks have trimmed ratings, which offsets upside from price‑target raises. Scotiabank downgrades Coterra Energy (CTRA)

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.