CCI Price Prediction Next Week
Analysis and Insights
News Impact Analysis:
The appointment of Sunit Patel as CFO, effective April 1, 2025, brings significant financial expertise, particularly in telecommunications, which aligns well with Crown Castle's business focus. This leadership change is expected to positively impact the company's financial strategy and operational efficiency.
Technical Indicators Analysis:
- RSI: The RSI_6 is at 81.04, indicating overbought conditions, suggesting a potential pullback.
- MACD: The MACD is positive at 3.56, indicating bullish momentum.
- Moving Averages: The stock is trading above its 20, 50, and 200-day moving averages, signaling bullish sentiment.
- Fibonacci Levels: The stock is approaching the first resistance level at 105.99, with a pivot point at 100.92.
Price Prediction:
Based on the analysis, the stock is expected to face resistance at 105.99, potentially leading to a pullback. The predicted price for the next trading week is $105.00.
Recommendation:
Sell
The overbought condition and approaching resistance level suggest a short-term pullback is likely.
CCI Similar Chart Price Prediction
The price of CCI is predicted to go up -0.54%, based on the high correlation periods with PETS. The similarity of these two price pattern on the periods is 97.8%.
CCI
PETS
Down: -0.54%Similarity: 97.8%
CCI Revenue Forecast
CCI EPS Forecast
CCI FAQs
What is CCI revenue forecast for next quarter？
What is CCI eps forecast for next quarter？
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
Philip Cusick
JP Morgan
Hold
2025-03-17
Price Target
$121 → $115
Upside
+11.74%
JPMorgan lowered the firm's price target on Crown Castle to $115 from $121 and keeps a Neutral rating on the shares. The company is transforming into a pure-play U.S. macro tower company with the agreement to sell its fiber segment, the analyst tells investors in a research note. The firm estimates about $210M in savings from debt reduction, but says Crown Castles growth will be impacted by Sprint churn through 2034.
Brendan Lynch
Barclays
Buy
2025-03-17
Price Target
$104 → $113
Upside
+9.79%
Eric Luebchow
Wells Fargo
Sell → Hold
2025-03-17
Price Target
$85 → $105
Upside
+2.02%
