Crown Castle Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Crown Castle stock have an average target of 113.13, with a low estimate of 100 and a high estimate of 127. The average target predicts an increase of 7.66% from the current stock price of 105.08.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$100	$113.13	$112	$127
Change	-4.83%	+7.66%	+6.59%	+20.86%

Analyst Ratings

The average analyst rating for Crown Castle stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	2	2	2	2	2	3
Buy	4	4	2	2	2	2
Hold	9	9	12	12	12	12
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	16	16	16	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ari Klein BMO Capital	BMO Capital	Hold Maintains $105 → $108	Hold	Maintains	$105 → $108	+2.78%	Jul 18, 2024
David Barden B of A Securities	B of A Securities	Hold Maintains $105 → $110	Hold	Maintains	$105 → $110	+4.68%	Jul 18, 2024
Gregory Williams TD Cowen	TD Cowen	Strong Buy Maintains $124 → $127	Strong Buy	Maintains	$124 → $127	+20.86%	Jul 18, 2024
Brett Feldman Goldman Sachs	Goldman Sachs	Hold Initiates $104	Hold	Initiates	$104	-1.03%	Jul 1, 2024
Ric Prentiss Raymond James	Raymond James	Buy Reiterates $124 → $126	Buy	Reiterates	$124 → $126	+19.91%	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

6.64B

from 6.98B

-4.90%

from 6.98B

Revenue Next Year

6.60B

from 6.64B

-0.65%

from 6.64B

EPS This Year

2.86

from 3.46

-17.31%

from 3.46

EPS Next Year

2.63

from 2.86

-7.94%

from 2.86

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	5.76B	5.84B	6.34B	6.99B	6.98B	6.64B	6.60B	6.82B	7.19B	7.50B
Revenue Growth	7.32%	1.34%	8.56%	10.19%	-0.07%	-4.90%	-0.65%	3.46%	5.36%	4.34%
EPS	1.79	2.35	2.53	3.86	3.46	2.86	2.63	2.76	2.94	3.02
EPS Growth	45.53%	31.28%	7.66%	52.57%	-10.36%	-17.31%	-7.94%	4.71%	6.56%	2.75%
Forward PE	-	-	-	-	-	36.73	39.89	38.10	35.75	34.80
No. Analysts	-	-	-	-	-	20	20	13	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	7.0B	7.1B	7.3B	7.7B	8.0B
Avg	6.6B	6.6B	6.8B	7.2B	7.5B
Low	6.2B	6.2B	6.4B	6.8B	7.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	0.3%	6.3%	10.9%	12.3%	11.3%
Avg	-4.9%	-0.6%	3.5%	5.4%	4.3%
Low	-11.0%	-6.2%	-3.5%	-0.3%	-1.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.10	3.08	3.66	3.06	3.14
Avg	2.86	2.63	2.76	2.94	3.02
Low	2.57	2.14	2.06	2.85	2.93

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-10.3%	7.5%	39.1%	10.8%	6.8%
Avg	-17.3%	-7.9%	4.7%	6.6%	2.7%
Low	-25.8%	-25.3%	-21.9%	3.4%	-0.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.