The price of CXW is predicted to go up 9.81%, based on the high correlation periods with NNBR. The similarity of these two price pattern on the periods is 98.59%.
CXW
NNBR
Up: 9.81%Similarity: 98.59%
CXW Revenue Forecast
CXW EPS Forecast
CXW FAQs
What is bull’s view on CXW?
CXW stock is currently trading at $22.03, with bullish sentiment driven by expectations of policy tailwinds under the Trump administration. Analysts have upgraded the stock, with a price target of $28, citing increased demand for detention facilities and ICE contracts. The stock has surged over 67% post-election, reflecting optimism about revenue growth and operational efficiency improvements.
What is bear's view on CXW?
CXW stock is currently trading at $20.73, down from its recent high of $22.03. Bears argue that the stock's upside is limited due to its significant rally following the Republican administration's immigration policies, which are already priced in. Additionally, concerns about overvaluation and potential policy reversals could weigh on the stock.
What is CXW revenue forecast for next quarter?
The market consensus for CXW's revenue in the upcoming quarter is projected to be approximately $477.894M USD.
JonesResearch upgraded CoreCivic to Buy from Hold with a $28 price target citing the removal of the election overhang with Republicans taking control of the Executive Branch and Senate and looking likely in the House. The firm sees a significant growth opportunity over the next several years, alongside an administration focused on curtailing unauthorized migration, the analyst tells investors.