Carter's (CRI) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

CRI Stock Forecast


Carter's stock forecast is as follows: an average price target of $72.00 (represents a 38.46% upside from CRI’s last price of $52.00) and a rating consensus of 'Hold', based on 4 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 4 Wall Street analysts in the past 3 months, with a price target range of $84.00 to $60.00. This represents a potential 38.46% upside from CRI's last price of $52.00.

CRI Analyst Ratings


Hold

According to 4 Wall Street analysts, Carter's's rating consensus is 'Hold'. The analyst rating breakdown for CRI stock is 1 'Strong Buy' (25.00%), 0 'Buy' (0.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Carter's Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 26, 2024Warren ChengEvercore ISI$60.00$57.264.79%15.38%
Apr 26, 2024Zachary WarringCFRA$84.00$70.0119.98%61.54%
Row per page
Go to

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 15.38% increase from CRI last price ($52.00).

Carter's Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$72.00
Last Closing Price$52.00$52.00$52.00
Upside/Downside-100.00%-100.00%38.46%

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 $52.00. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 09, 2024Wells FargoEqual-WeightEqual-WeightHold
Aug 07, 2024Piper Sandler-NeutralInitialise
Feb 23, 2024WedbushNeutralNeutralHold
Apr 29, 2022CFRA-Strong BuyUpgrade
Row per page
Go to

Carter's's last stock rating was published by Wells Fargo on Sep 09, 2024. The company gave CRI a "Equal-Weight" rating, the same as its previous rate.

Carter's Financial Forecast


Carter's Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
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$755.79M$948.23M
Avg Forecast$847.85M$758.55M$558.52M$652.03M$833.46M$756.15M$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$679.53M$920.12M
High Forecast$855.80M$765.67M$563.76M$658.15M$849.34M$763.24M$568.34M$640.04M$871.84M$785.91M$610.35M$654.20M$872.19M$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$815.43M$1.10B
Low Forecast$843.05M$754.26M$555.36M$648.34M$824.17M$751.86M$568.34M$640.04M$863.30M$785.91M$601.25M$644.45M$859.19M$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$543.62M$736.09M
# Analysts111241134333211122221277876961411
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%1.03%

Carter's's average Quarter revenue forecast for Mar 24 based on 3 analysts is $640.04M, with a low forecast of $640.04M, and a high forecast of $640.04M. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts111241134333211122221277876961411
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$82.92M$153.12M
Avg Forecast$117.85M$105.44M$77.63M$90.63M$115.85M$105.10M$79.00M$-235.13M$120.59M$109.24M$84.05M$-251.48M$158.47M$117.35M$102.13M$-268.96M$144.06M$131.94M$98.01M$91.24M$144.93M$120.63M$69.49M$-287.66M$150.77M$128.53M$100.27M$60.91M$73.61M$148.48M
High Forecast$118.96M$106.43M$78.36M$91.48M$118.06M$106.09M$79.00M$-188.10M$121.18M$109.24M$84.84M$-201.18M$190.16M$117.35M$102.13M$-215.17M$172.87M$131.94M$98.01M$91.24M$144.93M$120.63M$69.49M$-230.13M$150.77M$128.53M$100.27M$73.09M$88.33M$178.17M
Low Forecast$117.18M$104.84M$77.19M$90.12M$114.56M$104.51M$79.00M$-282.16M$120.00M$109.24M$83.57M$-301.77M$126.77M$117.35M$102.13M$-322.75M$115.25M$131.94M$98.01M$91.24M$144.93M$120.63M$69.49M$-345.19M$150.77M$128.53M$100.27M$48.73M$58.89M$118.78M
Surprise %--------1.13%0.86%0.45%-0.29%0.85%0.77%0.91%-0.44%1.12%1.10%1.34%1.67%-1.17%0.62%0.21%1.25%0.84%0.88%1.26%1.13%1.03%

3 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts111241134333211122221277876961411
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$42.47M$82.49M
Avg Forecast$74.65M$55.08M$20.55M$30.47M$66.21M$49.34M$18.64M$-311.17M$92.06M$54.45M$19.01M$-332.80M$93.72M$60.95M$56.51M$-355.94M$85.20M$61.79M$25.74M$10.16M$95.24M$56.20M$-6.84M$-380.68M$103.21M$60.69M$28.91M$27.29M$37.70M$79.99M
High Forecast$75.56M$55.75M$20.80M$30.84M$69.50M$52.98M$19.22M$-248.94M$93.15M$54.45M$19.25M$-266.24M$112.47M$60.95M$56.51M$-284.75M$102.25M$61.79M$25.74M$10.16M$95.24M$56.20M$-6.84M$-304.55M$103.21M$60.69M$28.91M$32.74M$45.24M$95.98M
Low Forecast$74.10M$54.68M$20.39M$30.24M$62.92M$45.69M$18.06M$-373.40M$91.33M$54.44M$18.87M$-399.36M$74.98M$60.95M$56.51M$-427.13M$68.16M$61.79M$25.74M$10.16M$95.24M$56.20M$-6.84M$-456.82M$103.21M$60.69M$28.91M$21.83M$30.16M$63.99M
Surprise %--------1.16%1.21%1.26%-0.11%0.86%1.07%0.65%-0.19%1.16%1.38%2.78%8.48%-1.45%-1.19%0.21%1.21%0.99%1.52%1.26%1.13%1.03%

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts111241134333211122221277876961411
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$280.16M$283.48M
Avg Forecast$296.57M$265.34M$195.37M$228.08M$291.54M$264.49M$198.80M$223.88M$303.47M$274.91M$211.51M$226.71M$348.90M$298.96M$260.19M$262.74M$317.18M$336.12M$249.69M$232.43M$369.23M$307.30M$177.02M$236.07M$384.09M$327.43M$255.44M$208.72M$248.72M$274.89M
High Forecast$299.35M$267.83M$197.20M$230.21M$297.09M$266.97M$198.80M$223.88M$304.96M$274.91M$213.50M$228.83M$418.67M$298.96M$260.19M$262.74M$380.61M$336.12M$249.69M$232.43M$369.23M$307.30M$177.02M$236.07M$384.09M$327.43M$255.44M$250.47M$298.46M$329.87M
Low Forecast$294.89M$263.83M$194.26M$226.78M$288.29M$263.00M$198.80M$223.88M$301.98M$274.91M$210.31M$225.42M$279.12M$298.96M$260.19M$262.74M$253.74M$336.12M$249.69M$232.43M$369.23M$307.30M$177.02M$236.07M$384.09M$327.43M$255.44M$166.98M$198.97M$219.91M
Surprise %--------0.95%1.05%1.22%1.15%0.87%0.96%1.00%0.99%1.07%0.87%1.07%1.17%-0.91%1.23%1.14%0.81%0.91%1.05%1.26%1.13%1.03%

Carter's's average Quarter SG&A projection for Mar 24 is $223.88M, based on 3 Wall Street analysts, with a range of $223.88M to $223.88M. The forecast indicates a -21.98% fall compared to CRI last annual SG&A of $286.95M (Dec 23).

Carter's EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Sep 17
# Analysts111241134333211122221277876961411
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$0.90$1.73
Avg Forecast$2.11$1.56$0.58$0.86$1.88$1.40$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$0.87$1.60
High Forecast$2.14$1.58$0.59$0.87$1.97$1.50$0.54$0.77$2.64$1.54$0.55$0.58$1.73$1.71$1.58$1.41$2.14$1.73$0.72$0.28$2.67$1.57$-0.19$0.16$2.89$1.70$0.81$0.72$1.04$1.92
Low Forecast$2.10$1.55$0.58$0.86$1.78$1.29$0.51$0.77$2.59$1.54$0.53$0.57$1.70$1.71$1.58$1.37$1.98$1.73$0.72$0.28$2.67$1.57$-0.19$0.16$2.89$1.70$0.81$0.72$0.70$1.28
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%1.03%1.08%

According to 3 Wall Street analysts, Carter's's projected average Quarter EPS for Mar 24 is $0.77, with a low estimate of $0.77 and a high estimate of $0.77. This represents a -73.47% decrease compared to CRI previous annual EPS of $2.90 (Dec 23).

Carter's Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CRICarter's$52.00$72.0038.46%Hold
OXMOxford Industries$75.57$101.4034.18%Buy
PLCEChildren's Place$15.28$20.5034.16%Hold
PVHPVH$98.66$123.9625.64%Buy
COLMColumbia Sportswear Company$82.13$83.751.97%Hold
GILGildan Activewear$48.91$44.38-9.26%Buy

CRI Forecast FAQ


Is Carter's a good buy?

No, according to 4 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 25.00% 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 38.46% from its last price of $52. The data is based on 4 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 38.46% (from the last price of $52 to the average price target of $72), up by 61.54% based on the highest stock price target, and up by 15.38% based on the lowest stock price target.

Can Carter's stock reach $80?

CRI's highest twelve months analyst stock price target of $84 supports the claim that Carter's can reach $80 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 $2.8B (high $2.82B, low $2.78B), average EBITDA is $64.82M (high $115.04M, low $15.91M), average net income is $-177M (high $-107M, low $-247M), average SG&A $978.71M (high $986.75M, low $973.97M), and average EPS is $4.57 (high $4.78, low $4.36). CRI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.82B (high $2.84B, low $2.8B), average EBITDA is $391.56M (high $395.23M, low $389.34M), average net income is $180.75M (high $182.95M, low $179.42M), average SG&A $985.35M (high $994.59M, low $979.77M), and average EPS is $5.12 (high $5.18, low $5.08).

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 $62.41M by 418.23%. The company's net income was $232.5M, missing the average estimation of $-167M by -238.99%. 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 $120.59M by 12.83%. Carter's's net income was $106.51M, beating the average estimation of $92.06M by 15.70%. 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%