Carter's (CRI) Stock Forecast, Price Target & Predictions
CRI Stock Forecast
Carter's stock forecast is as follows: an average price target of $72.00 (represents a 6.18% upside from CRI’s last price of $67.81) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
CRI Price Target
The average price target for Carter's (CRI) is $72.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $84.00 to $60.00. This represents a potential 6.18% upside from CRI's last price of $67.81.
CRI Analyst Ratings
According to 3 Wall Street analysts, Carter's's rating consensus is 'Hold'. The analyst rating breakdown for CRI stock is 1 'Strong Buy' (33.33%), 0 'Buy' (0.00%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Carter's Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Warren Cheng | Evercore ISI | $60.00 | $57.26 | 4.79% | -11.52% |
| Apr 26, 2024 | Zachary Warring | CFRA | $84.00 | $70.01 | 19.98% | 23.88% |
The latest Carter's stock forecast, released on Jul 26, 2024 by Warren Cheng from Evercore ISI, set a price target of $60.00, which represents a 4.79% increase from the stock price at the time of the forecast ($57.26), and a -11.52% decrease from CRI last price ($67.81).
Carter's Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $60.00 | $72.00 |
| Last Closing Price | $67.81 | $67.81 | $67.81 |
| Upside/Downside | -100.00% | -11.52% | 6.18% |
In the current month, the average price target of Carter's stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Carter's's last price of $67.81. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2024 | Piper Sandler | - | Neutral | Initialise |
| Feb 23, 2024 | Wedbush | Neutral | Neutral | Hold |
| Apr 29, 2022 | CFRA | - | Strong Buy | Upgrade |
Carter's's last stock rating was published by Piper Sandler on Aug 07, 2024. The company Initialise its CRI rating from "null" to "Neutral".
Carter's Financial Forecast
Carter's Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $857.86M | $791.65M | $600.20M | $695.88M | $912.13M | $818.62M | $700.70M | $781.28M | $989.90M | $890.59M | $746.40M | $787.36M | - | $865.08M | $514.88M | $654.47M | $1.10B | $943.32M | $734.38M | $741.06M | $1.09B | $923.91M |
| Avg Forecast | $850.65M | $769.60M | $572.25M | $662.93M | $826.60M | $747.64M | $568.34M | $640.04M | $867.58M | $785.91M | $604.68M | $648.12M | $864.09M | $854.67M | $743.85M | $751.14M | $1.03B | $960.91M | $713.83M | $664.49M | $1.06B | $878.52M | $506.08M | $674.87M | $1.10B | $936.08M | $730.27M | $724.05M | $979.27M | $992.77M |
| High Forecast | $856.93M | $775.28M | $576.47M | $667.82M | $832.70M | $747.81M | $572.53M | $644.76M | $871.84M | $791.71M | $609.14M | $652.90M | $870.47M | $860.98M | $743.85M | $764.82M | $1.05B | $978.42M | $726.83M | $676.59M | $1.07B | $894.53M | $515.30M | $687.17M | $1.12B | $953.13M | $743.58M | $737.24M | $1.18B | $1.19B |
| Low Forecast | $843.37M | $763.01M | $567.35M | $657.25M | $819.52M | $747.46M | $563.47M | $634.56M | $863.30M | $779.19M | $599.50M | $642.57M | $856.69M | $847.36M | $743.85M | $735.56M | $1.01B | $940.98M | $699.02M | $650.70M | $1.03B | $860.30M | $495.58M | $660.87M | $1.08B | $916.66M | $715.12M | $709.03M | $783.42M | $794.22M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | 0.99% | 1.01% | 0.99% | 1.07% | 1.06% | 0.96% | 0.94% | 1.04% | 0.96% | 0.93% | 1.05% | 1.18% | - | 0.98% | 1.02% | 0.97% | 1.00% | 1.01% | 1.01% | 1.02% | 1.11% | 0.93% |
Carter's's average Quarter revenue forecast for Mar 24 based on 2 analysts is $640.04M, with a low forecast of $634.56M, and a high forecast of $644.76M. CRI's average Quarter revenue forecast represents a -25.39% decrease compared to the company's last Quarter revenue of $857.86M (Dec 23).
Carter's EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | $136.06M | $93.43M | $37.56M | $73.05M | $135.21M | $90.57M | $93.16M | $117.69M | $160.70M | $145.11M | $130.87M | $152.75M | - | $140.75M | $43.05M | $-59.46M | $188.96M | $107.54M | $88.08M | $76.94M | $193.19M | $126.10M |
| Avg Forecast | $116.80M | $105.67M | $78.57M | $91.02M | $113.50M | $102.65M | $78.04M | $-235.13M | $119.12M | $107.91M | $83.03M | $-251.48M | $118.64M | $99.95M | $102.13M | $-268.96M | $144.06M | $131.94M | $98.01M | $91.24M | $176.60M | $106.90M | $161.19M | $-287.66M | $194.19M | $96.78M | $109.04M | $60.91M | $172.06M | $134.84M |
| High Forecast | $117.66M | $106.45M | $79.15M | $91.69M | $114.33M | $102.68M | $78.61M | $-188.10M | $119.71M | $108.71M | $83.64M | $-201.18M | $119.52M | $119.94M | $102.13M | $-215.17M | $172.87M | $134.34M | $99.80M | $92.90M | $211.92M | $128.28M | $193.43M | $-230.13M | $233.03M | $116.14M | $130.85M | $73.09M | $206.47M | $161.81M |
| Low Forecast | $115.80M | $104.77M | $77.90M | $90.24M | $112.52M | $102.63M | $77.37M | $-282.16M | $118.54M | $106.99M | $82.31M | $-301.77M | $117.63M | $79.96M | $102.13M | $-322.75M | $115.25M | $129.20M | $95.98M | $89.34M | $141.28M | $85.52M | $128.96M | $-345.19M | $155.36M | $77.43M | $87.23M | $48.73M | $137.65M | $107.87M |
| Surprise % | - | - | - | - | - | - | - | - | 1.14% | 0.87% | 0.45% | -0.29% | 1.14% | 0.91% | 0.91% | -0.44% | 1.12% | 1.10% | 1.34% | 1.67% | - | 1.32% | 0.27% | 0.21% | 0.97% | 1.11% | 0.81% | 1.26% | 1.12% | 0.94% |
2 analysts predict CRI's average Quarter EBITDA for Mar 24 to be $-235.13M, with a high of $-188.10M and a low of $-282.16M. This is -272.81% lower than Carter's's previous annual EBITDA (Dec 23) of $136.06M.
Carter's Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 7 |
| Net Income | - | - | - | - | - | - | - | - | $106.51M | $66.13M | $23.87M | $36.00M | $80.18M | $64.96M | $36.97M | $67.93M | $99.01M | $84.98M | $71.60M | $86.20M | - | $81.24M | $8.16M | $-78.69M | $125.15M | $60.25M | $43.94M | $34.47M | $130.56M | $71.77M |
| Avg Forecast | $73.60M | $46.30M | $25.56M | $38.49M | $66.96M | $47.66M | $18.84M | $-311.17M | $93.07M | $55.04M | $19.22M | $-332.80M | $61.06M | $57.69M | $56.79M | $-355.94M | $85.20M | $62.32M | $25.96M | $10.25M | $108.81M | $61.70M | $30.54M | $-380.68M | $128.61M | $54.23M | $64.85M | $27.29M | $116.28M | $76.75M |
| High Forecast | $74.31M | $46.74M | $25.81M | $38.86M | $67.60M | $48.77M | $19.02M | $-248.94M | $94.18M | $55.57M | $19.41M | $-266.24M | $61.65M | $69.23M | $56.79M | $-284.75M | $102.25M | $63.80M | $26.57M | $10.49M | $130.57M | $74.04M | $36.64M | $-304.55M | $154.33M | $65.07M | $77.82M | $32.74M | $139.54M | $92.10M |
| Low Forecast | $72.78M | $45.78M | $25.28M | $38.06M | $66.21M | $46.91M | $18.63M | $-373.40M | $92.33M | $54.43M | $19.01M | $-399.36M | $60.38M | $46.15M | $56.79M | $-427.13M | $68.16M | $60.64M | $25.26M | $9.97M | $87.05M | $49.36M | $24.43M | $-456.82M | $102.89M | $43.38M | $51.88M | $21.83M | $93.03M | $61.40M |
| Surprise % | - | - | - | - | - | - | - | - | 1.14% | 1.20% | 1.24% | -0.11% | 1.31% | 1.13% | 0.65% | -0.19% | 1.16% | 1.36% | 2.76% | 8.41% | - | 1.32% | 0.27% | 0.21% | 0.97% | 1.11% | 0.68% | 1.26% | 1.12% | 0.94% |
Carter's's average Quarter net income forecast for Mar 24 is $-311.17M, with a range of $-373.40M to $-248.94M. CRI's average Quarter net income forecast represents a -392.15% decrease compared to the company's last Quarter net income of $106.51M (Dec 23).
Carter's SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 7 |
| SG&A | - | - | - | - | - | - | - | - | $286.95M | $288.68M | $258.68M | $259.63M | $302.47M | $286.22M | $261.42M | $259.89M | $338.37M | $293.19M | $267.77M | $271.93M | - | $279.25M | $218.15M | $269.84M | $311.98M | $296.73M | $268.15M | $263.65M | $307.36M | $294.12M |
| Avg Forecast | $297.55M | $269.20M | $200.17M | $231.89M | $289.14M | $261.52M | $198.80M | $223.88M | $303.47M | $274.91M | $211.51M | $226.71M | $302.25M | $198.30M | $260.19M | $262.74M | $317.18M | $336.12M | $249.69M | $232.43M | $371.84M | $212.09M | $177.02M | $236.07M | $320.61M | $267.06M | $221.81M | $208.72M | $273.74M | $314.52M |
| High Forecast | $299.75M | $271.19M | $201.65M | $233.60M | $291.27M | $261.58M | $200.27M | $225.53M | $304.96M | $276.94M | $213.07M | $228.38M | $304.48M | $237.96M | $260.19M | $267.53M | $380.61M | $342.24M | $254.24M | $236.67M | $446.20M | $254.51M | $180.25M | $240.37M | $384.73M | $320.47M | $266.17M | $250.47M | $328.49M | $377.42M |
| Low Forecast | $295.01M | $266.90M | $198.46M | $229.90M | $286.66M | $261.45M | $197.10M | $221.97M | $301.98M | $272.55M | $209.70M | $224.77M | $299.67M | $158.64M | $260.19M | $257.29M | $253.74M | $329.15M | $244.51M | $227.61M | $297.47M | $169.67M | $173.35M | $231.17M | $256.49M | $213.65M | $177.45M | $166.98M | $218.99M | $251.61M |
| Surprise % | - | - | - | - | - | - | - | - | 0.95% | 1.05% | 1.22% | 1.15% | 1.00% | 1.44% | 1.00% | 0.99% | 1.07% | 0.87% | 1.07% | 1.17% | - | 1.32% | 1.23% | 1.14% | 0.97% | 1.11% | 1.21% | 1.26% | 1.12% | 0.94% |
Carter's's average Quarter SG&A projection for Mar 24 is $223.88M, based on 2 Wall Street analysts, with a range of $221.97M to $225.53M. The forecast indicates a -21.98% fall compared to CRI last annual SG&A of $286.95M (Dec 23).
Carter's EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 4 | 4 | 4 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 7 |
| EPS | - | - | - | - | - | - | - | - | $2.90 | $1.81 | $0.64 | $0.95 | $2.11 | $1.67 | $0.93 | $1.66 | $2.28 | $1.94 | $1.63 | $1.96 | - | $1.86 | $0.19 | $-1.82 | $2.84 | $1.35 | $0.97 | $0.76 | $2.85 | $1.55 |
| Avg Forecast | $2.06 | $1.30 | $0.72 | $1.08 | $1.88 | $1.34 | $0.53 | $0.77 | $2.61 | $1.54 | $0.54 | $0.57 | $1.71 | $1.71 | $1.58 | $1.39 | $2.06 | $1.73 | $0.72 | $0.28 | $2.67 | $1.57 | $-0.19 | $0.16 | $2.89 | $1.70 | $0.81 | $0.72 | $2.28 | $1.85 |
| High Forecast | $2.08 | $1.31 | $0.72 | $1.09 | $1.89 | $1.37 | $0.53 | $0.78 | $2.64 | $1.56 | $0.54 | $0.58 | $1.73 | $1.72 | $1.58 | $1.42 | $2.11 | $1.77 | $0.74 | $0.29 | $2.73 | $1.61 | $-0.19 | $0.16 | $2.96 | $1.74 | $0.83 | $0.73 | $2.74 | $2.22 |
| Low Forecast | $2.04 | $1.28 | $0.71 | $1.07 | $1.86 | $1.31 | $0.52 | $0.76 | $2.59 | $1.53 | $0.53 | $0.57 | $1.69 | $1.69 | $1.58 | $1.35 | $2.00 | $1.68 | $0.70 | $0.28 | $2.60 | $1.53 | $-0.20 | $0.15 | $2.81 | $1.65 | $0.79 | $0.70 | $1.82 | $1.48 |
| Surprise % | - | - | - | - | - | - | - | - | 1.11% | 1.17% | 1.19% | 1.65% | 1.23% | 0.98% | 0.59% | 1.19% | 1.11% | 1.12% | 2.26% | 6.88% | - | 1.18% | -0.99% | -11.67% | 0.98% | 0.79% | 1.20% | 1.06% | 1.25% | 0.84% |
According to 2 Wall Street analysts, Carter's's projected average Quarter EPS for Mar 24 is $0.77, with a low estimate of $0.76 and a high estimate of $0.78. This represents a -73.47% decrease compared to CRI previous annual EPS of $2.90 (Dec 23).
Carter's Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PLCE | Children's Place | $5.08 | $19.00 | 274.02% | Hold |
| OXM | Oxford Industries | $83.57 | $111.60 | 33.54% | Buy |
| PVH | PVH | $94.96 | $125.71 | 32.38% | Buy |
| COLM | Columbia Sportswear Company | $81.52 | $87.25 | 7.03% | Hold |
| CRI | Carter's | $67.81 | $72.00 | 6.18% | Hold |
| GIL | Gildan Activewear | $44.02 | $44.38 | 0.82% | Buy |
CRI Forecast FAQ
Is Carter's a good buy?
No, according to 3 Wall Street analysts, Carter's (CRI) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 0 'Buy' recommendations, accounting for 33.33% of CRI's total ratings.
What is CRI's price target?
Carter's (CRI) average price target is $72 with a range of $60 to $84, implying a 6.18% from its last price of $67.81. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Carter's stock go up soon?
According to Wall Street analysts' prediction for CRI stock, the company can go up by 6.18% (from the last price of $67.81 to the average price target of $72), up by 23.88% based on the highest stock price target, and down by -11.52% based on the lowest stock price target.
Can Carter's stock reach $100?
CRI's average twelve months analyst stock price target of $72 does not support the claim that Carter's can reach $100 in the near future.
What are Carter's's analysts' financial forecasts?
Carter's's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.78B (high $2.8B, low $2.77B), average EBITDA is $59.05M (high $107.52M, low $10.36M), average net income is $-178M (high $-114M, low $-242M), average SG&A $973.34M (high $978.65M, low $967.18M), and average EPS is $4.51 (high $4.57, low $4.45). CRI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.86B (high $2.88B, low $2.83B), average EBITDA is $392.06M (high $394.96M, low $388.71M), average net income is $183.95M (high $185.71M, low $181.9M), average SG&A $998.81M (high $1.01B, low $990.26M), and average EPS is $5.15 (high $5.2, low $5.1).
Did the CRI's actual financial results beat the analysts' financial forecasts?
Based on Carter's's last annual report (Dec 2023), the company's revenue was $2.95B, beating the average analysts forecast of $2.91B by 1.35%. Apple's EBITDA was $323.4M, beating the average prediction of $58.58M by 452.08%. The company's net income was $232.5M, missing the average estimation of $-165M by -240.51%. Apple's SG&A was $1.09B, beating the average forecast of $1.02B by 7.61%. Lastly, the company's EPS was $6.24, beating the average prediction of $5.26 by 18.56%. In terms of the last quarterly report (Dec 2023), Carter's's revenue was $857.86M, missing the average analysts' forecast of $867.58M by -1.12%. The company's EBITDA was $136.06M, beating the average prediction of $119.12M by 14.22%. Carter's's net income was $106.51M, beating the average estimation of $93.07M by 14.45%. The company's SG&A was $286.95M, missing the average forecast of $303.47M by -5.44%. Lastly, the company's EPS was $2.9, beating the average prediction of $2.61 by 11.21%