Argus raised target to USD 38.00 for CoreCivic stock

Published on 10/17/2026 at 20:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 27.30 percent in second-quarter 2026. CoreCivic stock closed at USD 30.67 on October 16, 2026, down 1.79 percent versus the prior close.

Analyst view and market position

Argus lifted its CoreCivic target to USD 38.00 on October 14, 2026.
Second-quarter revenue rose 27.30 percent to USD 684.92 million.
CoreCivic stock closed at USD 30.67 at 4:00 p.m. ET on October 16, 2026, down 1.79 percent versus the prior close.
CoreCivic will release third-quarter results on November 4, 2026.

CXW, US21871N1019, Illustration mit AI erstellt.

Argus raised its CoreCivic target to USD 38.00 on October 14, 2026, according to Yahoo Finance. The target stands 23.90 percent above the NYSE price of USD 30.67. CoreCivic closed at USD 30.67 on the NYSE on October 16, 2026 at 4:00 p.m. ET, down 1.79 percent versus the prior close.

Revenue growth remains substantial

CoreCivic reported USD 684.92 million in revenue for the second quarter of 2026, up 27.30 percent from the year-earlier period, according to MarketBeat. The same report lists second-quarter earnings per share at USD 0.38, compared with a USD 0.34 consensus estimate. That result gives the analyst target a fundamental reference beyond the price chart.

Stock stays below its yearly high

The October 16 session covered USD 29.93 to USD 31.62, while trading volume reached 1.91 million shares. CoreCivic's 52-week range was USD 15.74 to USD 36.55, leaving the stock 16.09 percent below its high and 94.79 percent above its low.

Valuation and reporting date

CoreCivic had a market capitalization of USD 3.0 billion and a price-to-earnings ratio of 25.14 as of October 16, 2026. The company does not currently pay a dividend. Its next reporting date is November 4, 2026, when it will release third-quarter results after the market closes, according to CoreCivic.

Comparison with peers

CoreCivic (NYSE, USD): minus 1.79 percent, P/E 25.14, market capitalization USD 3.0 billion.

The GEO Group (NYSE, USD): minus 2.28 percent, P/E 13.52, market capitalization USD 3.8 billion.

S&P 500 (NYSE Arca, USD): minus 1.11 percent, market capitalization USD 814.0 billion.

Market value and investor dates

CoreCivic's market capitalization was USD 3.0 billion on October 16, 2026, while the scheduled November 4 results release is the next dated company event.

Market context: Market report S&P 500.

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