In a recent update, analyst Jay McCanless from Wedbush has reiterated an "Outperform" rating for CoreCivic (CXW, Financial). This affirmation continues to reflect positive expectations for the stock's performance in the marketplace.
The price target for CoreCivic (CXW, Financial) is maintained at $38.00 USD. This valuation remains unchanged from the previous target, signaling confidence in the company's projected trajectory and operational strategy.
The update was issued on June 11, 2025, and continues to mark CoreCivic (CXW, Financial) as a stock to watch, especially for investors interested in capitalizing on its consistent performance benchmarks as highlighted by the analyst.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for CoreCivic Inc (CXW, Financial) is $31.25 with a high estimate of $38.00 and a low estimate of $28.00. The average target implies an upside of 43.09% from the current price of $21.84. More detailed estimate data can be found on the CoreCivic Inc (CXW) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, CoreCivic Inc's (CXW, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CoreCivic Inc (CXW, Financial) in one year is $15.07, suggesting a downside of 31% from the current price of $21.84. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CoreCivic Inc (CXW) Summary page.
