CCI Price Prediction Next Week
Technical Analysis: Based on the technical indicators, CCI is showing bearish signals with RSI at 40.63 and MACD at -1.87, indicating downward momentum. The stock is trading below both its 20-day moving average of $88.87 and 200-day moving average of $100.77, suggesting a bearish trend .
News Impact: Recent news has been mixed for CCI:
- Positive: The stock rallied 4.63% to $90.65 on January 16th despite broader market weakness
- Negative: Analysts are expressing bearish sentiment ahead of earnings, with CCI being highlighted among companies where analysts have become increasingly pessimistic
Market Sentiment: The REIT sector shows potential recovery signs, with CCI specifically noted for:
- Attractive 7% dividend yield
- Expected benefits from increased carrier spending
- Infrastructure demand growth from expanding mobile data consumption
Price Forecast for Next Week: Based on Fibonacci levels:
- Resistance levels: R1: $91.60, R2: $93.61, R3: $96.86
- Support levels: S1: $85.10, S2: $83.09, S3: $79.84
- Pivot point: $88.35
Trading Recommendation: SELL with the following rationale:
- Technical indicators showing bearish momentum
- Trading below key moving averages
- Analyst bearish sentiment ahead of earnings
- Price likely to test support levels at $85.10 first
Target price range for next week: $84-86, with potential downside to $83.09 if S1 breaks.
CCI Similar Chart Price Prediction
The price of CCI is predicted to go up -16%, based on the high correlation periods with SGD. The similarity of these two price pattern on the periods is 97.42%.
CCI
SGD
Down: -16%Similarity: 97.42%
CCI Revenue Forecast
CCI EPS Forecast
CCI FAQs
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CCI VS S&P500
Crown's tower business runs on autopilot. It requires very minimal capital spending and is virtually assured of stable growth each year due to contractual rent escalators, and mostly fixed costs.
Small cells are poised to switch from a burden to a benefit, as the heaviest capital spending is past and new small cell deployments and sales growth are poised to rise materially.
A pickup in carrier spending on its mobile networks is almost inevitable as rapid mobile data usage continues and 5G networks are not complete.
CCI Analyst's Forecast
Maher Yaghi
Scotiabank
Hold
Price Target
$118 → $102
Upside
+15.12%
Scotiabank lowered the firm's price target on Crown Castle to $102 from $118 and keeps a Sector Perform rating on the shares. The firm has updated its earnings estimates and targets for companies it covers in the TMT Infrastructure sector, the analyst tells investors. The firm remains bullish on data center stocks and neutral on tower operators. Additionally, Scotiabank expects 2025 to show continued strong growth in data center activity and to be another "solid year" in core leasing and capacity expansion.
Brendan Lynch
Barclays
Hold → Buy
Price Target
$117 → $104
Upside
+21.34%
Eric Luebchow
Wells Fargo
Hold → Sell
Price Target
$105 → $100
Upside
-0.59%