Comstock Resources Falls 42% Post Fair-Value Call

InvestingPro flagged Comstock Resources as overvalued on May 15, 2025, projecting ~35.8% downside versus fair value $15.67.
Over the next year the stock fell 42.19% to $14.10, hitting a 52‑week low on May 8, 2026.
Despite revenue rising to $2.0 bn, EBITDA to $1.04 bn and EPS turning positive $2.13, valuation remained stretched.
Analysts UBS and BofA downgraded the stock citing natural‑gas price headwinds and Q1 2026 EPS miss due to weather.