CRK, US2057683029

Morgan Stanley cuts target for Comstock Resources stock to USD 13.00

Published on 10/15/2026 at 19:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue was USD 353.28 million in second quarter 2026. Comstock Resources stock costs EUR 11.97 on October 15, 2026, down 2.56 percent versus Tradegate.

Analyst target and quarterly figures

Morgan Stanley lowered its Comstock Resources target from USD 15.00 to USD 13.00 on October 15, 2026.
Revenue was USD 353.28 million in the second quarter of 2026.
Comstock Resources stock costs EUR 11.97 at Lang & Schwarz on October 15, 2026, 2.56 percent below the Tradegate close of October 14, 2026.
The price-to-earnings ratio was 7.71 and market capitalization was USD 3.9 billion on October 15, 2026.

CRK, US2057683029, Illustration mit AI erstellt.

Morgan Stanley lowered its Comstock Resources target from USD 15.00 to USD 13.00 on October 15, 2026, according to CNN. The new target is 3.13 percent below the NYSE price of USD 13.42 at 1:54 p.m. ET. Comstock Resources stock was trading at EUR 11.97 at Lang & Schwarz on October 15, 2026 at 7:46 p.m. CEST, down 2.56 percent versus the Tradegate close of October 14, 2026 at EUR 12.29.

Revenue fell in the second quarter

Comstock Resources reported USD 353.28 million of revenue in the second quarter of 2026, down 24.90 percent from the year-earlier period. Net income was USD 15.00 million and diluted earnings per share were USD 0.03 for the quarter ended June 30, 2026, according to MarketBeat. Operating cash flow reached USD 170.21 million in the same period.

Stock sits near its yearly low

The NYSE price of USD 13.42 was 52.24 percent below the 52-week high of USD 28.10 and 10.73 percent above the low of USD 12.12 on October 15, 2026. Trading volume was 1,343,413 shares against an average of 2,486,254 shares. The figures put the stock much closer to its yearly low than its yearly high.

Valuation and reporting date

Comstock Resources had a market capitalization of USD 3.9 billion and a price-to-earnings ratio of 7.71 on October 15, 2026. The company lists its next earnings conference call for November 5, 2026, at 11:00 a.m. EST, according to Comstock Resources. That date gives investors the next formal checkpoint after the second-quarter revenue decline.

Comparison with peers

Comstock Resources (NYSE, USD): minus 2.56 percent, P/E 7.71, market capitalization USD 3.9 billion.

EQT Corporation (NYSE, USD): minus 1.00 percent, P/E 11.50, market capitalization USD 32.7 billion.

Antero Resources (NYSE, USD): minus 0.52 percent, P/E 10.46, market capitalization USD 11.2 billion.

Price remains close to the low

The euro quotation sits 10.73 percent above its 52-week low in US-dollar terms, while the Morgan Stanley target is 3.13 percent below the latest NYSE price. On the NYSE, the stock was last at USD 13.42 on October 15, 2026 at 1:54 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Comstock Resources stock.