CoreCivic (CXW) Stock Forecast, Price Target & Predictions
CXW Stock Forecast
CoreCivic stock forecast is as follows: an average price target of $15.50 (represents a 17.78% upside from CXW’s last price of $13.16) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
CXW Price Target
The average price target for CoreCivic (CXW) is $15.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $14.00. This represents a potential 17.78% upside from CXW's last price of $13.16.
CXW Analyst Ratings
According to 2 Wall Street analysts, CoreCivic's rating consensus is 'Hold'. The analyst rating breakdown for CXW stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
CoreCivic Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 11, 2024 | Greg Gibas | Northland Securities | $17.00 | $11.46 | 48.34% | 29.18% |
| Jun 11, 2024 | Jay McCanless | Wedbush | $14.00 | $14.79 | -5.34% | 6.38% |
The latest CoreCivic stock forecast, released on Jun 11, 2024 by Greg Gibas from Northland Securities, set a price target of $17.00, which represents a 48.34% increase from the stock price at the time of the forecast ($11.46), and a 29.18% increase from CXW last price ($13.16).
CoreCivic Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $15.50 |
| Last Closing Price | $13.16 | $13.16 | $13.16 |
| Upside/Downside | -100.00% | -100.00% | 17.78% |
In the current month, the average price target of CoreCivic stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CoreCivic's last price of $13.16. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | Wedbush | Neutral | Neutral | Hold |
| Jun 12, 2024 | Noble Capital Markets | - | Market Perform | Downgrade |
| Jun 11, 2024 | Wedbush | Outperform | Neutral | Downgrade |
| May 09, 2024 | Wedbush | Outperform | Outperform | Hold |
| Apr 08, 2024 | Wedbush | Outperform | Outperform | Hold |
| Feb 09, 2024 | Wedbush | Outperform | Outperform | Hold |
| Nov 08, 2023 | Wedbush | Outperform | Outperform | Hold |
CoreCivic's last stock rating was published by Wedbush on Aug 09, 2024. The company gave CXW a "Neutral" rating, the same as its previous rate.
CoreCivic Financial Forecast
CoreCivic 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 | Jul 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 | - | - | - | - | - | - | - | - | $491.25M | $483.70M | $463.68M | $458.00M | $471.43M | $464.21M | - | $452.99M | $472.13M | $471.19M | $464.57M | $454.72M | $473.48M | $468.27M | $472.64M | $491.10M | $497.81M | $508.52M | $490.29M | $484.06M | $482.19M | $462.73M |
| Avg Forecast | $468.93M | $468.87M | $463.50M | $459.96M | $458.97M | $469.84M | $481.86M | $477.93M | $489.63M | $474.76M | $467.46M | $469.46M | $469.05M | $461.55M | $460.06M | $467.34M | $481.27M | $467.14M | $466.09M | $470.24M | $473.07M | $462.00M | $474.00M | $476.00M | $476.42M | $493.30M | $488.34M | $466.90M | $482.19M | $517.14M |
| High Forecast | $478.58M | $478.52M | $473.04M | $469.42M | $468.41M | $479.87M | $491.78M | $487.77M | $495.06M | $482.72M | $477.08M | $479.13M | $478.71M | $471.05M | $460.06M | $475.56M | $489.74M | $475.36M | $474.29M | $478.51M | $481.39M | $470.13M | $482.34M | $484.38M | $484.80M | $501.98M | $496.93M | $475.12M | $578.63M | $620.56M |
| Low Forecast | $453.39M | $453.33M | $448.14M | $444.71M | $443.76M | $454.65M | $465.89M | $462.09M | $481.91M | $469.98M | $451.97M | $453.91M | $453.51M | $446.25M | $460.06M | $462.02M | $475.80M | $461.83M | $460.79M | $464.89M | $467.68M | $456.75M | $468.61M | $470.59M | $471.00M | $487.69M | $482.79M | $461.59M | $385.75M | $413.71M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | 1.00% | 1.02% | 0.99% | 0.98% | 1.01% | 1.01% | - | 0.97% | 0.98% | 1.01% | 1.00% | 0.97% | 1.00% | 1.01% | 1.00% | 1.03% | 1.04% | 1.03% | 1.00% | 1.04% | 1.00% | 0.89% |
CoreCivic's average Quarter revenue forecast for Mar 24 based on 2 analysts is $477.93M, with a low forecast of $462.09M, and a high forecast of $487.77M. CXW's average Quarter revenue forecast represents a -2.71% decrease compared to the company's last Quarter revenue of $491.25M (Dec 23).
CoreCivic 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | $30.67M | $22.90M | $24.00M | $70.74M | $84.14M | $64.97M | - | $78.30M | $94.56M | $93.27M | $79.45M | $41.60M | $30.40M | $85.14M | $80.84M | $96.32M | $102.00M | $108.11M | $106.80M | $108.78M | $104.92M | $103.83M |
| Avg Forecast | $85.10M | $85.09M | $84.12M | $83.48M | $83.30M | $85.27M | $87.45M | $116.97M | $88.86M | $86.16M | $84.84M | $106.34M | $85.13M | $62.70M | $83.50M | $96.67M | $85.96M | $57.00M | $71.88M | $178.70M | $79.79M | $85.14M | $80.84M | $92.62M | $86.46M | $89.53M | $88.63M | $93.67M | $104.92M | $114.76M |
| High Forecast | $86.86M | $86.84M | $85.85M | $85.19M | $85.01M | $87.09M | $89.25M | $140.37M | $89.85M | $87.61M | $86.58M | $127.61M | $86.88M | $75.24M | $83.50M | $116.01M | $103.15M | $68.40M | $86.26M | $214.44M | $95.75M | $102.17M | $97.01M | $111.14M | $87.99M | $91.10M | $90.19M | $112.41M | $125.90M | $137.72M |
| Low Forecast | $82.28M | $82.27M | $81.33M | $80.71M | $80.54M | $82.51M | $84.55M | $93.58M | $87.46M | $85.29M | $82.03M | $85.07M | $82.31M | $50.16M | $83.50M | $77.34M | $68.77M | $45.60M | $57.51M | $142.96M | $63.83M | $68.12M | $64.67M | $74.09M | $85.48M | $88.51M | $87.62M | $74.94M | $83.94M | $91.81M |
| Surprise % | - | - | - | - | - | - | - | - | 0.35% | 0.27% | 0.28% | 0.67% | 0.99% | 1.04% | - | 0.81% | 1.10% | 1.64% | 1.11% | 0.23% | 0.38% | 1.00% | 1.00% | 1.04% | 1.18% | 1.21% | 1.21% | 1.16% | 1.00% | 0.90% |
2 analysts predict CXW's average Quarter EBITDA for Mar 24 to be $116.97M, with a high of $140.37M and a low of $93.58M. This is 281.40% upper than CoreCivic's previous annual EBITDA (Dec 23) of $30.67M.
CoreCivic 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 20 |
| Net Income | - | - | - | - | - | - | - | - | $26.47M | $13.89M | $14.83M | $12.40M | $24.44M | $68.32M | - | $19.00M | $28.04M | $30.01M | $15.62M | $-125.57M | $-26.80M | $26.72M | $22.19M | $32.06M | $41.97M | $48.99M | $48.58M | $49.34M | $41.24M | $40.99M |
| Avg Forecast | $15.53M | $16.64M | $15.53M | $11.10M | $7.54M | $9.76M | $14.20M | $27.59M | $19.97M | $14.42M | $12.95M | $25.08M | $13.68M | $20.17M | $17.22M | $22.80M | $25.49M | $18.34M | $14.14M | $-539.37M | $-70.36M | $26.72M | $22.19M | $30.82M | $42.47M | $44.77M | $44.77M | $42.49M | $41.24M | $45.31M |
| High Forecast | $15.95M | $17.09M | $15.95M | $11.39M | $7.75M | $10.37M | $14.58M | $33.11M | $21.47M | $15.53M | $13.29M | $30.10M | $14.05M | $24.21M | $17.22M | $27.36M | $30.59M | $22.01M | $16.96M | $-431.50M | $-56.29M | $32.06M | $26.62M | $36.99M | $43.44M | $45.79M | $45.79M | $50.98M | $49.49M | $54.37M |
| Low Forecast | $14.86M | $15.93M | $14.86M | $10.62M | $7.22M | $9.46M | $13.59M | $22.07M | $18.47M | $12.20M | $12.39M | $20.07M | $13.09M | $16.14M | $17.22M | $18.24M | $20.39M | $14.67M | $11.31M | $-647.25M | $-84.43M | $21.37M | $17.75M | $24.66M | $41.84M | $44.10M | $44.10M | $33.99M | $32.99M | $36.25M |
| Surprise % | - | - | - | - | - | - | - | - | 1.33% | 0.96% | 1.15% | 0.49% | 1.79% | 3.39% | - | 0.83% | 1.10% | 1.64% | 1.11% | 0.23% | 0.38% | 1.00% | 1.00% | 1.04% | 0.99% | 1.09% | 1.09% | 1.16% | 1.00% | 0.90% |
CoreCivic's average Quarter net income forecast for Mar 24 is $27.59M, with a range of $22.07M to $33.11M. CXW's average Quarter net income forecast represents a 4.25% increase compared to the company's last Quarter net income of $26.47M (Dec 23).
CoreCivic 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 20 |
| SG&A | - | - | - | - | - | - | - | - | $36.87M | $33.93M | $32.61M | $32.68M | $34.89M | $30.19M | - | $31.10M | $38.41M | $34.60M | $33.23M | $29.53M | $27.03M | $35.88M | $30.14M | $31.28M | $32.23M | $32.04M | $33.36M | $29.45M | $29.27M | $25.09M |
| Avg Forecast | $32.19M | $32.19M | $31.82M | $31.58M | $31.51M | $32.25M | $33.08M | $45.16M | $33.61M | $32.59M | $32.09M | $41.05M | $32.20M | $23.26M | $31.58M | $37.32M | $34.92M | $21.14M | $30.06M | $126.84M | $70.96M | $35.88M | $30.14M | $30.08M | $32.71M | $33.87M | $33.53M | $25.36M | $29.27M | $27.73M |
| High Forecast | $32.86M | $32.85M | $32.48M | $32.23M | $32.16M | $32.94M | $33.76M | $54.19M | $33.99M | $33.14M | $32.75M | $49.26M | $32.86M | $27.91M | $31.58M | $44.79M | $41.90M | $25.37M | $36.08M | $152.21M | $85.15M | $43.06M | $36.17M | $36.09M | $33.28M | $34.46M | $34.12M | $30.43M | $35.13M | $33.27M |
| Low Forecast | $31.13M | $31.12M | $30.77M | $30.53M | $30.46M | $31.21M | $31.98M | $36.13M | $33.08M | $32.26M | $31.03M | $32.84M | $31.13M | $18.61M | $31.58M | $29.86M | $27.94M | $16.92M | $24.05M | $101.48M | $56.77M | $28.71M | $24.12M | $24.06M | $32.33M | $33.48M | $33.14M | $20.28M | $23.42M | $22.18M |
| Surprise % | - | - | - | - | - | - | - | - | 1.10% | 1.04% | 1.02% | 0.80% | 1.08% | 1.30% | - | 0.83% | 1.10% | 1.64% | 1.11% | 0.23% | 0.38% | 1.00% | 1.00% | 1.04% | 0.99% | 0.95% | 1.00% | 1.16% | 1.00% | 0.90% |
CoreCivic's average Quarter SG&A projection for Mar 24 is $45.16M, based on 2 Wall Street analysts, with a range of $36.13M to $54.19M. The forecast indicates a 22.49% rise compared to CXW last annual SG&A of $36.87M (Dec 23).
CoreCivic 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 | Jul 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 | 3 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 | 3 | 3 | 9 | 20 |
| EPS | - | - | - | - | - | - | - | - | $0.23 | $0.12 | $0.13 | $0.11 | $0.21 | $0.59 | - | $0.16 | $0.23 | $0.25 | $0.13 | $-1.05 | $-0.22 | $0.22 | $0.19 | $0.27 | $0.35 | $0.41 | $0.41 | $0.42 | $0.35 | $0.35 |
| Avg Forecast | $0.14 | $0.15 | $0.14 | $0.10 | $0.07 | $0.09 | $0.13 | $0.15 | $0.18 | $0.13 | $0.12 | $0.13 | $0.12 | $0.61 | $0.15 | $0.20 | $0.24 | $0.19 | $0.20 | $0.24 | $0.24 | $0.22 | $0.18 | $0.26 | $0.37 | $0.39 | $0.39 | $0.36 | $0.40 | $0.42 |
| High Forecast | $0.14 | $0.15 | $0.14 | $0.10 | $0.07 | $0.09 | $0.13 | $0.15 | $0.19 | $0.14 | $0.12 | $0.13 | $0.13 | $0.63 | $0.15 | $0.20 | $0.25 | $0.19 | $0.20 | $0.25 | $0.25 | $0.23 | $0.18 | $0.27 | $0.38 | $0.40 | $0.40 | $0.37 | $0.48 | $0.50 |
| Low Forecast | $0.13 | $0.14 | $0.13 | $0.10 | $0.07 | $0.09 | $0.12 | $0.14 | $0.17 | $0.11 | $0.11 | $0.12 | $0.12 | $0.59 | $0.15 | $0.19 | $0.24 | $0.19 | $0.20 | $0.24 | $0.24 | $0.22 | $0.18 | $0.26 | $0.36 | $0.38 | $0.38 | $0.35 | $0.32 | $0.34 |
| Surprise % | - | - | - | - | - | - | - | - | 1.28% | 0.92% | 1.11% | 0.85% | 1.70% | 0.96% | - | 0.81% | 0.96% | 1.32% | 0.65% | -4.38% | -0.92% | 1.00% | 1.06% | 1.04% | 0.95% | 1.05% | 1.05% | 1.17% | 0.87% | 0.83% |
According to 2 Wall Street analysts, CoreCivic's projected average Quarter EPS for Mar 24 is $0.15, with a low estimate of $0.14 and a high estimate of $0.15. This represents a -34.78% decrease compared to CXW previous annual EPS of $0.23 (Dec 23).
CoreCivic Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| REZI | Resideo | $18.96 | $32.00 | 68.78% | Sell |
| EVLV | Evolv Technologies | $3.99 | $6.70 | 67.92% | Buy |
| ADT | ADT | $7.00 | $8.50 | 21.43% | Hold |
| CXW | CoreCivic | $13.16 | $15.50 | 17.78% | Hold |
| MG | Mistras Group | $10.77 | $11.00 | 2.14% | Buy |
| ALLE | Allegion | $141.17 | $126.60 | -10.32% | Hold |
| MSA | MSA Safety | $176.43 | $152.00 | -13.85% | Buy |
CXW Forecast FAQ
Is CoreCivic a good buy?
No, according to 2 Wall Street analysts, CoreCivic (CXW) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of CXW's total ratings.
What is CXW's price target?
CoreCivic (CXW) average price target is $15.5 with a range of $14 to $17, implying a 17.78% from its last price of $13.16. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will CoreCivic stock go up soon?
According to Wall Street analysts' prediction for CXW stock, the company can go up by 17.78% (from the last price of $13.16 to the average price target of $15.5), up by 29.18% based on the highest stock price target, and up by 6.38% based on the lowest stock price target.
Can CoreCivic stock reach $20?
CXW's average twelve months analyst stock price target of $15.5 does not support the claim that CoreCivic can reach $20 in the near future.
What are CoreCivic's analysts' financial forecasts?
CoreCivic's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.89B (high $1.93B, low $1.83B), average EBITDA is $372.99M (high $401.72M, low $341.18M), average net income is $59.1M (high $65.81M, low $52.34M), average SG&A $142M (high $153.05M, low $129.79M), and average EPS is $0.434 (high $0.449, low $0.416). CXW's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.86B (high $1.9B, low $1.8B), average EBITDA is $337.79M (high $344.75M, low $326.6M), average net income is $58.81M (high $60.38M, low $56.27M), average SG&A $127.78M (high $130.41M, low $123.54M), and average EPS is $0.53 (high $0.544, low $0.507).
Did the CXW's actual financial results beat the analysts' financial forecasts?
Based on CoreCivic's last annual report (Dec 2023), the company's revenue was $1.9B, which missed the average analysts forecast of $1.9B by -0.25%. Apple's EBITDA was $93.71M, missing the average prediction of $366.2M by -74.41%. The company's net income was $67.59M, missing the average estimation of $72.42M by -6.68%. Apple's SG&A was $136.08M, missing the average forecast of $139.35M by -2.34%. Lastly, the company's EPS was $0.59, beating the average prediction of $0.557 by 5.99%. In terms of the last quarterly report (Dec 2023), CoreCivic's revenue was $491.25M, beating the average analysts' forecast of $489.63M by 0.33%. The company's EBITDA was $30.67M, missing the average prediction of $88.86M by -65.49%. CoreCivic's net income was $26.47M, beating the average estimation of $19.97M by 32.53%. The company's SG&A was $36.87M, beating the average forecast of $33.61M by 9.68%. Lastly, the company's EPS was $0.23, beating the average prediction of $0.18 by 27.78%