Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Last 12 months price action with 12-month analyst target path
As of May 8, 2026, Carter's, Inc. (CRI) has a Wall Street consensus price target of $37.00, based on estimates from 24 covering analysts. With the stock currently trading at $35.75, this represents a potential upside of +3.5%. The company has a market capitalization of $1.32B.
Analyst price targets range from a low of $33.00 to a high of $40.00, representing a 19% spread in expectations. The median target of $38.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 12 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 4 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, CRI trades at a trailing P/E of 13.8x and forward P/E of 10.8x. The forward PEG ratio of 15.21 reflects a premium valuation.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $43.74, with bear and bull scenarios of $27.25 and $115.78 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
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The consensus price target for CRI is $37, close to the current price of $35.75 (3.5% implied move). Based on 24 analyst estimates, the stock appears fairly valued near current levels.
CRI has a consensus rating of "Buy" based on 24 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $37 implies 3.5% upside from current levels.
With a forward P/E of 10.7977x, CRI trades at a relatively low valuation. The consensus target of $37 implies 3.5% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $40 for CRI, while the most conservative target is $33. The consensus of $37 represents the median expectation. Our quantitative valuation model projects a bull case target of $116 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CRI is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 12 have Buy ratings, 8 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CRI stock forecast based on 24 Wall Street analysts shows a consensus price target of $37, with estimates ranging from $33 (bear case) to $40 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $44, with bear/bull scenarios of $27/$116.
Our quantitative valuation model calculates CRI's fair value at $44 (base case), with a bear case of $27 and bull case of $116. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
CRI trades at a forward P/E ratio of 10.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
CRI appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $37 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CRI analyst price targets range from $33 to $40, a 19% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $37 consensus represents the middle ground. Our model's $27-$116 range provides an independent fundamental perspective.