What’s Driving Optimism Around Coterra Energy Inc. (CTRA)

Group 1 - Coterra Energy Inc. (NYSE:CTRA) is considered a cheap stock with a 'Buy' rating from 79% of analysts, indicating a median price target of $33 and an upside potential of 27.96% [1] - Analyst Mark Lear from Piper Sandler reaffirmed a 'Buy' rating with a price target of $37, suggesting a 43% upside potential [1] - Mizuho raised its price target for Coterra Energy to $36 from $33 while maintaining an 'Outperform' rating, reflecting a revised outlook for the exploration and production sector [2] Group 2 - Despite weak market sentiment for U.S. oil and gas due to oversupply, there is "underappreciated value" in exploration and production, with potential contributions expected from 2026 [3] - Analyst Josh Silverstein from UBS raised the price target to $33 from $32, reiterating a 'Buy' rating, and believes the energy sector is well-positioned for a resilient 2026 [4] - Coterra Energy is an independent oil and gas company based in Texas, specializing in oil, natural gas, and natural gas liquids, and has been operational since 1989 [4]