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 42.2% to $14.10 on May 8, 2026, hitting its 52‑week low.
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 valuation concerns and natural‑gas price headwinds.