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Concho Resources Inc. (CXO) stock prediction

Will Concho Resources Inc. stock go up? Is Concho Resources Inc. stock a good buy now?

From AI system, total return is 1640.16% from 1329 forecasts. Forecast for Apr. 2021 is $68.03 , for Mar. 2022 is $47.75 , for Mar. 2024 is $61.82 , for Mar. 2026 is $51.18 , and for Mar. 2031 is $58.38.

Since closing price on 2021-01-19 is $65.6 and forecast for Mar. 2022 is $47.75, Concho Resources Inc. stock is not a good 1 year investment. Please, see more forecasts below.

Table of contents

Statistics

Statistics from all past short term forecast signals in AI Pickup
Total return : 1640.16 %
Number of direction forecasts : 1329

Click to see the forecast history of all tickers

Chart for Concho Resources Inc. (CXO) stock

<CXO Chart by Tradingview>

Long term forecast for Concho Resources Inc. stock

CXO long term forecast chart
Date
Price
Apr. 2021
$68.0297338462112
May. 2021
$69.0577695578257
Jun. 2021
$65.8372853924776
Jul. 2021
$58.6591480779063
Aug. 2021
$52.1100239539671
Sep. 2021
$48.1716125574226
Oct. 2021
$46.4557122669147
Nov. 2021
$46.3282703851577
Dec. 2021
$46.7423138872633
Jan. 2022
$47.1046470263721
Feb. 2022
$47.4667496191353
Mar. 2022
$47.754400520928
Apr. 2022
$48.7475291512625
May. 2022
$50.3330909520832
Jun. 2022
$52.2465310362564
Jul. 2022
$54.2352060778303
Aug. 2022
$55.8477831811827
Sep. 2022
$56.9679783165323
Oct. 2022
$57.675318150172
Nov. 2022
$58.0309565780953
Dec. 2022
$58.0807664116034
Jan. 2023
$57.9634656133241
Feb. 2023
$57.8627937091414
Mar. 2023
$57.9339615925504
Apr. 2023
$58.2260165206858
May. 2023
$58.667707849912
Jun. 2023
$59.1389504914699
Jul. 2023
$59.5491338201504
Aug. 2023
$59.8711952418637
Sep. 2023
$60.1280179592575
Oct. 2023
$60.3728936468009
Nov. 2023
$60.6252532234045
Dec. 2023
$60.871985104601
Jan. 2024
$61.1781210941435
Feb. 2024
$61.5048111771002
Mar. 2024
$61.8154457761015
Apr. 2024
$62.0859180194353
May. 2024
$62.2946333994105
Jun. 2024
$62.3945427272198
Jul. 2024
$62.3894529732855
Date
Price
Aug. 2024
$62.3693126810042
Sep. 2024
$61.8428867026556
Oct. 2024
$52.3370766355733
Nov. 2024
$55.4105136126335
Dec. 2024
$57.6373548519534
Jan. 2025
$62.9934962212711
Feb. 2025
$63.9672294013635
Mar. 2025
$64.6437055819358
Apr. 2025
$64.846574543048
May. 2025
$64.4124143944401
Jun. 2025
$63.363038367259
Jul. 2025
$62.0061489839074
Aug. 2025
$55.4885919749614
Sep. 2025
$54.5613345735352
Oct. 2025
$54.378079786121
Nov. 2025
$54.669372137883
Dec. 2025
$53.9145752257478
Jan. 2026
$52.8607537921107
Feb. 2026
$52.1070918773685
Mar. 2026
$51.1798640331661
Apr. 2026
$50.5390988903605
May. 2026
$50.5438989835018
Jun. 2026
$51.2080379788698
Jul. 2026
$52.3669649002561
Aug. 2026
$53.8394289400185
Sep. 2026
$55.4688300151445
Oct. 2026
$57.3452881009285
Nov. 2026
$59.7957060923386
Dec. 2026
$63.3143044166963
Jan. 2027
$68.1988484577707
Feb. 2027
$73.8230265551831
Mar. 2027
$77.6558950170666
Apr. 2027
$77.8948592598547
May. 2027
$75.2564336794472
Jun. 2027
$64.3519403145934
Jul. 2027
$53.8038834227049
Aug. 2027
$49.5007949992061
Sep. 2027
$49.8862566659199
Oct. 2027
$53.2927858206068
Nov. 2027
$57.7370750135305
Date
Price
Dec. 2027
$60.9057926571566
Jan. 2028
$61.7491903032842
Feb. 2028
$60.8005807634018
Mar. 2028
$59.1741354106535
Apr. 2028
$57.8877932090116
May. 2028
$57.3958664222549
Jun. 2028
$57.8349389814545
Jul. 2028
$59.2683638400529
Aug. 2028
$61.9811376611477
Sep. 2028
$66.1048019134337
Oct. 2028
$70.6956890248441
Nov. 2028
$74.1880878260464
Dec. 2028
$75.3311661640437
Jan. 2029
$72.9892822983409
Feb. 2029
$67.2385933717205
Mar. 2029
$60.7981097794941
Apr. 2029
$56.4864024695421
May. 2029
$55.5733680041971
Jun. 2029
$57.1659821586109
Jul. 2029
$59.6432676664337
Aug. 2029
$61.5814057667946
Sep. 2029
$62.223453693112
Oct. 2029
$61.5933409737555
Nov. 2029
$60.2863146269148
Dec. 2029
$59.0240379168717
Jan. 2030
$58.2888137983213
Feb. 2030
$58.195548934417
Mar. 2030
$58.8031508721454
Apr. 2030
$60.0718533226375
May. 2030
$62.0464945943622
Jun. 2030
$64.8168872674869
Jul. 2030
$68.1240332129477
Aug. 2030
$71.0835802953523
Sep. 2030
$72.8499850141271
Oct. 2030
$72.8538983905551
Nov. 2030
$70.6475107500884
Dec. 2030
$66.607392946529
Jan. 2031
$62.2827691297867
Feb. 2031
$59.2832784151705
Mar. 2031
$58.3783662749193

Analyst rating for Concho Resources Inc. stock

Date
Firm
Analysis
2021-01-14
KeyBanc
Price target is $73.0000. Prior price target was $70.0000.
 Analyst rating is Overweight.
2020-11-20
Stifel
Price target is $56.0000. Analyst rating is Hold. Prior analyst rating was Buy
2020-11-17
Morgan Stanley
Price target is $56.0000. Analyst rating is Equal-Weight. Prior analyst rating was Overweight
2020-10-29
ScotiaBank
Price target is $43.0000. Prior price target was $70.0000.
 Analyst rating is Sector Perform. Prior analyst rating was Sector Outperform
2020-10-21
Raymond James
Price target is $64.0000. Prior price target was $70.0000.
 Analyst rating is Outperform. Prior analyst rating was Strong Buy
2020-10-20
MKM Partners
Price target is $50.0000. Analyst rating is Neutral. Prior analyst rating was Buy
2020-10-20
KeyBanc
Price target is $70.0000. Prior price target was $81.0000.
 Analyst rating is Overweight.
2020-09-28
B of A Securities
Price target is $65.0000. Prior price target was $70.0000.
 Analyst rating is Buy.
2020-09-14
Northland Capital Markets
Price target is $73.0000. Analyst rating is Outperform.
2020-08-21
Morgan Stanley
Price target is $64.0000. Analyst rating is Overweight. Prior analyst rating was Equal-Weight
2020-08-13
Piper Sandler
Price target is $79.0000. Prior price target was $75.0000.
 Analyst rating is Overweight.
2020-08-03
Morgan Stanley
Price target is $60.0000. Prior price target was $58.0000.
 Analyst rating is Equal-Weight.
2020-07-28
SunTrust Robinson Humphrey
Price target is $66.0000. Prior price target was $60.0000.
 Analyst rating is Buy. Prior analyst rating was Hold
2020-07-27
Seaport Global
Price target is $70.0000. Analyst rating is Buy.
2020-07-20
Raymond James
Price target is $70.0000. Analyst rating is Strong Buy. Prior analyst rating was Outperform
2020-07-17
KeyBanc
Price target is $81.0000. Prior price target was $83.0000.
 Analyst rating is Overweight.
2020-07-08
Morgan Stanley
Price target is $58.0000. Prior price target was $54.0000.
 Analyst rating is Equal-Weight.
2020-06-29
UBS
Price target is $99.0000. Prior price target was $74.0000.
 Analyst rating is Buy.
2020-06-25
Wells Fargo
Price target is $69.0000. Prior price target was $70.0000.
 Analyst rating is Overweight.
2020-06-19
Mizuho
Price target is $69.0000. Prior price target was $68.0000.
 Analyst rating is Neutral. Prior analyst rating was Buy
2020-06-09
B of A Securities
Analyst rating is Neutral. Prior analyst rating was Buy
2020-06-03
Credit Suisse
Price target is $70.0000. Prior price target was $67.0000.
 Analyst rating is Outperform.
2020-06-03
Barclays
Price target is $74.00. Prior price target was $77.0000.
 Analyst rating is Overweight.
2020-05-04
Piper Sandler
Price target is $59.0000. Prior price target was $54.0000.
 Analyst rating is Overweight.
2020-05-04
Morgan Stanley
Price target is $54.0000. Prior price target was $52.0000.
 Analyst rating is Equal-Weight.
2020-04-29
Citigroup
Price target is $54.0000. Prior price target was $38.0000.
 Analyst rating is Neutral.
2020-04-20
B of A Securities
Price target is $65.0000. Prior price target was $49.0000.
 Analyst rating is Buy. Prior analyst rating was Neutral
2020-04-03
SunTrust Robinson Humphrey
Price target is $55.0000. Prior price target was $60.0000.
 Analyst rating is Hold.
2020-04-03
Wells Fargo
Price target is $71.0000. Prior price target was $76.0000.
 Analyst rating is Overweight.
2020-03-31
UBS
Price target is $74.0000. Prior price target was $151.0000.
 Analyst rating is Buy.
2020-03-26
KeyBanc
Price target is $83.0000. Prior price target was $85.0000.
 Analyst rating is Overweight.
2020-03-20
Citigroup
Price target is $38.0000. Prior price target was $52.0000.
 Analyst rating is Neutral.
2020-03-19
Wells Fargo
Price target is $76.0000. Prior price target was $92.0000.
 Analyst rating is Overweight.
2020-03-16
Morgan Stanley
Price target is $52.0000. Prior price target was $90.0000.
 Analyst rating is Equal-Weight.
2020-03-12
Credit Suisse
Analyst rating is Outperform. Prior analyst rating was Neutral
2020-02-28
B of A Securities
Price target is $127.0000. Prior price target was $130.0000.
 Analyst rating is Buy.
2020-02-20
JP Morgan
Price target is $118.0000. Prior price target was $130.0000.
 Analyst rating is Overweight.
2020-02-20
Raymond James
Price target is $110.0000. Prior price target was $120.0000.
 Analyst rating is Strong Buy.
2020-02-19
B of A Securities
Price target is $130.0000. Prior price target was $125.0000.
 Analyst rating is Buy.
2020-01-28
Citigroup
Price target is $83.0000. Prior price target was $72.0000.
 Analyst rating is Neutral.
2020-01-24
Raymond James
Price target is $120.0000. Prior price target was $90.0000.
 Analyst rating is Strong Buy.
2020-01-24
UBS
Price target is $151.0000. Prior price target was $161.0000.
 Analyst rating is Buy.
2020-01-24
Wells Fargo
Price target is $100.0000. Prior price target was $101.0000.
 Analyst rating is Overweight.
2020-01-23
KeyBanc
Price target is $99.0000. Prior price target was $95.0000.
 Analyst rating is Overweight.
2020-01-21
SunTrust Robinson Humphrey
Price target is $90.0000. Prior price target was $70.0000.
 Analyst rating is Hold.
2020-01-13
Morgan Stanley
Analyst rating is Equal-Weight. Prior analyst rating was Underweight
2020-01-09
Wells Fargo
Price target is $101.0000. Prior price target was $98.0000.
 Analyst rating is Overweight.
2020-01-06
Guggenheim
Price target is $105.0000. Analyst rating is Buy.
2019-12-06
Barclays
Price target is $107.0000. Prior price target was $141.0000.
 Analyst rating is Overweight.
2019-11-13
ScotiaBank
Price target is $92.0000. Analyst rating is Sector Outperform.
2019-11-12
Wells Fargo
Price target is $98.0000. Prior price target was $101.0000.
 Analyst rating is Outperform.
2019-11-07
Barclays
Price target is $141.0000. Prior price target was $165.0000.
 Analyst rating is Overweight.
2019-10-17
Raymond James
Price target is $90.0000. Prior price target was $130.0000.
 Analyst rating is Strong Buy.

Financial Data for Concho Resources Inc. stock

Market Cap
12876952576
currency
USD

Forward PE
16.03912

Average 10 day Volume
0
Average Volume
2736019
Fifty Two Week High
$82.9
Fifty Two Week Low
$33.13

Frequently Asked Questions for Concho Resources Inc. stock

Is Concho Resources Inc. a good long term stock?

For 1 year investment, Concho Resources Inc. (CXO) stock cannot be a good investment choice. According to AI Pickup, the Concho Resources Inc. stock price forecast for Mar. 2022 is $47.754400520928
For 5 year investment, Concho Resources Inc. (CXO) stock cannot be a good investment choice. According to AI Pickup, the Concho Resources Inc. stock price forecast for Mar. 2026 is $51.1798640331661
For 10 year investment, Concho Resources Inc. (CXO) stock cannot be a good investment choice. According to AI Pickup, the Concho Resources Inc. stock price forecast for Mar. 2031 is $58.3783662749193

Is Concho Resources Inc. stock overvalued?

Concho Resources Inc. (CXO) stock is expected to go DOWN . Therefore, AI Pickup would say that Concho Resources Inc. (CXO) stock is overvalued.

Will Concho Resources Inc. stock price go up?

No. The Concho Resources Inc. stock price forecast for Mar. 2022 is $47.754400520928

14 Days Historical Data for Concho Resources Inc. stock

Date
Close
Open
Low
High
2020-12-29
$56.89
$57.5
$56.42
$58.11
2020-12-30
$58.26
$56.74
$56.58
$58.37
2020-12-31
$58.35
$58.14
$57.75
$58.74
2021-01-04
$57.69
$59.07
$57.19
$59.34
2021-01-05
$61.03
$58.42
$58.36
$62.55
2021-01-06
$63.48
$61.82
$61.17
$64.09
2021-01-07
$65.17
$64.03
$63.6
$65.63
2021-01-08
$65.16
$65.67
$64.5
$66.33
2021-01-11
$66.2
$63.7
$63.38
$66.67
2021-01-12
$69.19
$67.14
$66.72
$69.53
2021-01-13
$68.6
$68.96
$67.99
$69.2
2021-01-14
$69.8
$68.66
$68.25
$70.44
2021-01-15
$65.6
$69.12
$64.6
$69.12
2021-01-19
$65.6
$65.6
$65.6
$65.6