5 Most Undervalued Growth Stocks to Buy Right Now

3. Comstock Resources, Inc. (NYSE:CRK)

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.