Coterra Energy (NYSE:CTRA) Price Target Raised to $40.00 at Wolfe Research

Coterra Energy (NYSE:CTRA) had its price target lifted by Wolfe Research from $33.00 to $40.00 in a research report sent to investors on Tuesday,MarketScreener reports.

Several other research firms have also issued reports on CTRA. Stephens raised their price target on Coterra Energy from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. UBS Group increased their price objective on Coterra Energy from $32.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Roth Mkm raised their target price on shares of Coterra Energy from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Barclays decreased their target price on shares of Coterra Energy from $35.00 to $34.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 21st. Finally, The Goldman Sachs Group lowered their price target on shares of Coterra Energy from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Wednesday, October 15th. Fourteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $33.40.

Coterra Energy Stock Performance

NYSE CTRA opened at $28.97 on Tuesday. The company has a 50-day simple moving average of $26.41 and a two-hundred day simple moving average of $24.96. 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 has a 12-month low of $22.33 and a 12-month high of $29.82. The firm has a market cap of $22.05 billion, a price-to-earnings ratio of 13.35, a PEG ratio of 0.67 and a beta of 0.38.

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). Coterra Energy had a return on equity of 11.23% and a net margin of 23.25%.The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter in the prior year, the firm posted $0.32 EPS. The firm’s quarterly revenue was up 33.7% on a year-over-year basis. On average, equities analysts forecast that Coterra Energy will post 1.54 EPS for the current year.

Institutional Trading of Coterra Energy

Several large investors have recently added to or reduced their stakes in the stock. Bogart Wealth LLC purchased a new position in Coterra Energy during the 2nd quarter valued at $26,000. GoalVest Advisory LLC bought a new stake in shares of Coterra Energy during the 4th quarter valued at about $28,000. REAP Financial Group LLC boosted its stake in shares of Coterra Energy by 190.1% during the 2nd quarter. REAP Financial Group LLC now owns 1,108 shares of the company’s stock valued at $28,000 after purchasing an additional 726 shares in the last quarter. Winnow Wealth LLC purchased a new position in shares of Coterra Energy during the third quarter valued at about $29,000. Finally, City Holding Co. raised its stake in Coterra Energy by 144.4% in the fourth quarter. City Holding Co. now owns 1,222 shares of the company’s stock worth $32,000 after buying an additional 722 shares in the last quarter. Institutional investors own 87.92% of the company’s stock.

Coterra Energy News Roundup

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

• Positive Sentiment: Wolfe Research raised its price target sharply to $40, signaling significant upside and helping buying interest in CTRA. Wolfe Research Adjusts Price Target on Coterra Energy to $40 From $33
• Positive Sentiment: Susquehanna bumped its target to $34 and kept a positive rating — another analyst signal that the merger and scale story could boost long‑term value. Susquehanna Adjusts Price Target on Coterra Energy to $34 From $32
• Positive Sentiment: Roth MKM issued a buy rating on Coterra, adding to the upbeat analyst flow that supports the stock amid merger speculation and potential synergies. Roth MKM Releases a Buy Rating on Coterra Energy (CTRA)
• Positive Sentiment: Kimmeridge, a large shareholder in both companies, publicly endorsed the combination, which reduces deal execution risk from a major investor perspective. KIMMERIDGE COMMENTS ON PROPOSED MERGER OF COTERRA AND DEVON
• Neutral Sentiment: Scotiabank reaffirmed a “sector perform” rating with a $31 target — modestly positive but less aggressive than other shops, reflecting mixed analyst views on deal economics. Scotiabank Reaffirms Sector Perform on CTRA
• Neutral Sentiment: Coverage and commentary (Zacks, Seeking Alpha, press releases) emphasize the strategic rationale: combining Delaware Basin positions to capture scale, cost synergies and cash‑flow discipline — outcomes that are positive if the integration succeeds. Devon, Coterra Merger Redraws the 2026 U.S. Shale Playbook
• Negative Sentiment: Multiple law firms and shareholder‑plaintiff groups have opened investigations into whether Coterra’s sale terms are fair (0.70 Devon shares per Coterra share), creating legal and governance uncertainty that can pressure the stock and slow deal close. CTRA Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness
• Negative Sentiment: Shares initially fell on the merger announcement as investors digested dilution, the fixed exchange ratio and integration risk — short‑term volatility remains likely until more deal detail and shareholder votes are resolved. Devon Energy and Coterra Energy stock falls on merger announcement
• Negative Sentiment: Several class‑action and shareholder‑rights firms have issued alerts and investigations, potentially creating distraction, legal costs or transaction risk if suits progress. SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation

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.