The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Comstock Resources, Inc. (NYSE:CRK) is one of the

8 Most Undervalued Growth Stocks to Buy Right Now.

On May 27, 2026, Mizuho lowered the firm’s price target on Comstock Resources, Inc. (NYSE:CRK) to $21 from $25 and maintained a Neutral rating on the shares. Mizuho said it expects the Iran crisis to have a prolonged impact on global oil prices and refining cracks. The firm raised its 2026 and 2027 oil price outlook by 25% and 6%, respectively, and increased its forecast for U.S. refining cracks by 61% and 51%.

Meanwhile, Clear Street lowered the firm’s price target on Comstock Resources, Inc. (NYSE:CRK) to $25 from $29 and maintained a Buy rating on the shares. Clear Street said the company reported a Q1 EBITDA miss after backing out the one-off unrealized gain from derivatives and cited Comstock’s higher net debt for the target cut.

Earlier in May, Comstock Resources, Inc. (NYSE:CRK) reported Q1 adjusted EPS of 15c, versus the consensus estimate of 23c. Revenue totaled $419.03M, below the consensus estimate of $486.41M. The company said natural gas and oil sales were $338.6 million, operating cash flow was $191.9 million, and net income was $112.5 million, or $0.38 per diluted share. Excluding the pre-tax $82.8 million unrealized gain on hedging contracts, exploration expense, and gain from sale of assets, adjusted net income was $44.5 million, or $0.15 per diluted share.

Comstock Resources, Inc. (NYSE:CRK) acquires, explores, develops, and produces natural gas and oil properties in the United States.

While we acknowledge the potential of CRK 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: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.