Crescent Energy Company (NYSE:CRGY) is one of the top NYSE stocks with the highest upside potential. Siebert Williams Shank & Co. analyst Gabriele Sorbara reiterated their bullish stance on Crescent Energy Company (NYSE:CRGY) on July 21, giving it a Buy rating with a $14 price target.
View of an oil & gas exploratory platform, surrounded by a vast expanse of sea & sky.
The analyst based the rating on the company’s strategic decisions and solid financial performance as Crescent Energy Company (NYSE:CRGY) reported notable fiscal Q2 2025 results, exceeding expectations across a number of metrics.
Sorbara added that Crescent Energy Company (NYSE:CRGY) has managed to bring its capital expenditure guidance for 2025 down by 2.6%, suggesting continued operational efficiencies while maintaining its production guidance.
He further supported the optimistic rating with Crescent Energy Company’s (NYSE:CRGY) attractive valuation, stating that it is trading at a discount in terms of EV/EBITDA compared to its peers.
Crescent Energy Company (NYSE:CRGY) is a differentiated US energy company with operations focused on Texas and the Rockies, with active development in the Eagle Ford and Uinta basins.
The company is also involved in the operation of conventional assets in Wyoming, where it focuses on carbon capture, use, and storage (CCUS).
While we acknowledge the potential of CRGY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.