Piper Sandler Raises Price Target on Crescent Energy Stock

Analysts see potential 18% upside for the oil and gas company's shares.

Published on Mar. 5, 2026

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Equity research analysts at Piper Sandler have increased their price target on shares of Crescent Energy (NYSE:CRGY) from $13.00 to $14.00 and maintained an "overweight" rating on the stock. The new price target suggests a potential upside of 18.44% from the company's current trading price.

Why it matters

Crescent Energy is an independent oil and gas exploration and production company focused on the Permian Basin. Positive analyst sentiment and a higher price target could signal that the company's stock is undervalued and has room to appreciate, which would be good news for investors.

The details

In a research note, the Piper Sandler analysts cited Crescent Energy's strong operational performance and growth potential as reasons for the increased price target. The company has been focused on capital efficiency, reservoir quality, and operational reliability to support sustainable cash flow generation.

  • Piper Sandler issued the updated research note on Thursday, March 5, 2026.

The players

Crescent Energy

An independent exploration and production company focused on the Permian Basin in North America.

Piper Sandler

An investment bank and financial services firm that provides research coverage on Crescent Energy.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Positive analyst sentiment and a higher price target for Crescent Energy's stock could signal that the company's shares are undervalued and have room to appreciate, which would be good news for investors in the oil and gas exploration and production company.