CoreCivic's New Contracts On Focus, Analyst Sees Revenue Opportunities In 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2025
0mins
Source: Benzinga
CoreCivic Financial Performance: CoreCivic, Inc. reported fourth-quarter revenue of $479.3 million and FFO of 39 cents per share, both exceeding analyst expectations, while projecting a full-year 2025 net income between $53.5 million and $67.5 million.
Analyst Outlook: Analyst Jason Weaver maintains a Buy rating with a price target of $28, highlighting the potential for new ICE contracts in 2025 that could enhance earnings expectations for 2026.
Analyst Views on CXW
Wall Street analysts forecast CXW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CXW is 30.00 USD with a low forecast of 28.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 20.130
Low
28.00
Averages
30.00
High
32.00
Current: 20.130
Low
28.00
Averages
30.00
High
32.00
About CXW
CoreCivic, Inc. is a diversified, government-solutions company. The Company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential and non-residential alternatives to incarceration to help address America’s recidivism crisis, and government real estate solutions. Its CoreCivic Safety segment consists of correctional and detention facilities that are owned or controlled via a long-term lease and managed by the Company, as well as those correctional and detention facilities owned by third parties but managed by the Company. The segment also provides transportation services. CoreCivic Community segment consists of residential reentry centers that are owned or controlled via a long-term lease and managed by the Company. The segment also includes electronic monitoring and case management services. CoreCivic Properties segment consists of correctional real estate properties owned by the Company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
