CRK, US2057683029

Mizuho cuts target to USD 17.00 for Comstock Resources stock

Published on 10/17/2026 at 19:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due on November 4, 2026. Comstock Resources stock costs USD 14.00 on October 16, 2026 at 4:00 p.m. EDT, up 3.70 percent on NYSE.

Target revision before results

Mizuho reduced its Comstock Resources target from USD 20.00 to USD 17.00 on October 16, 2026.
Second-quarter revenue fell 24.90 percent year over year to USD 353.28 million.
Comstock Resources stock was last at USD 14.00 on October 16, 2026 at 4:00 p.m. EDT, up 3.70 percent on NYSE.
The next third-quarter results are scheduled for November 4, 2026.

CRK, US2057683029, Illustration mit AI erstellt.

Mizuho cut its Comstock Resources price target from USD 20.00 to USD 17.00 on October 16, 2026, while keeping a Neutral rating, according to MarketBeat. The new target is 21.43 percent above the NYSE price of USD 14.00. Comstock Resources stock was last at USD 14.00 on October 16, 2026 at 4:00 p.m. EDT, up 3.70 percent from the prior close.

Revenue remains the counterweight

Comstock's second-quarter 2026 revenue fell 24.90 percent year over year to USD 353.28 million, while net income attributable to common shareholders was USD 8.77 million. The revenue figure was below the USD 419.22 million consensus cited by MarketBeat, a USD 65.94 million shortfall.

Stock position on October 16

The latest NYSE price stood 15.91 percent above Comstock's 52-week low of USD 12.12 and 50.18 percent below its 52-week high of USD 28.10. Trading volume was 2,969,636 shares against an average volume of 2,506,976, making the session volume 18.46 percent higher than average.

Comstock focuses on natural gas production in the Haynesville and Bossier shale regions of North Louisiana and East Texas. Its latest reported second-quarter operating cash flow was USD 170.21 million, compared with USD 271.97 million in the first quarter of 2026.

Valuation and upcoming date

Comstock had a market capitalization of USD 4.1 billion and a price-to-earnings ratio of 8.05 on October 16, 2026. Its next third-quarter 2026 results are scheduled for November 4, 2026, after the market closes, with the conference call set for November 5, 2026, according to Yahoo Finance.

Comparison with peers

Comstock Resources (NYSE, USD): plus 3.70 percent, P/E 8.05, market capitalization USD 4.1 billion.

Antero Resources (NYSE, USD): plus 6.06 percent, P/E 11.11, market capitalization USD 11.9 billion.

Range Resources (NYSE, USD): plus 4.35 percent, P/E 11.94, market capitalization USD 10.1 billion.

Target cut meets a scheduled report

The reduced Mizuho target leaves the stock below the new USD 17.00 level while the upcoming results provide the next scheduled company-specific reference point. The October 16 price was also below the 50-day average of USD 13.93 cited by MarketBeat only by the source's stated market data, while the company's second-quarter revenue decline remains the clearest operating counterweight.

Market context: Market report S&P 500.

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