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Crown Castle Inc. (CCI) Stock Analysis

Range Bound setup

SellHigh Confidence

Real Estate · REIT - Specialty

Sell if holding. At $87.84, A.R:R 0.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: REIT tenant concentration cliff: 90% of NOI from T-Mobile, AT&T and Verizon Wireless (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: T-Mobile, AT&T and Verizon Wireless (90.0%).

Crown Castle is a US tower REIT with 40,000+ towers operated under long-term tenant contracts. Fiber Business sold May 1, 2026 for $8.5B aggregate proceeds and classified as discontinued operations. Site rental revenues from T-Mobile, AT&T, and Verizon Wireless represent... Read more

$87.84+1.2% A.UpsideScore 4.4/10#14 of 14 REIT - Specialty
QualityF-score6 / 9FCF yield3.18%
IncomeYield4.90%(5y avg 4.89%)Payout179.32%
Stop $83.41Target $88.94(analyst − 10%)A.R:R 0.2:1
Analyst target$98.82+12.5%20 analysts
$88.94our TP
$87.84price
$98.82mean
$125

Sell if holding. At $87.84, A.R:R 0.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: REIT tenant concentration cliff: 90% of NOI from T-Mobile, AT&T and Verizon Wireless (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: T-Mobile, AT&T and Verizon Wireless (90.0%). Chart setup: RSI 56 mid-range, Bollinger mid-band. Score 4.4/10, high confidence.

Passes 6/10 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 65d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA) and reit tenant cliff hard block. Suitability: moderate.

Recent Developments — Crown Castle Inc.

Material events (past 30 days)

  • May 1, 2026 MEDIUM Item 1.02: Crown Castle terminated its Existing Credit Agreement and entered a new $4.5B unsecured revolving credit facility with JPMorgan Chase as administrative agent. Old agreement replaced; new facility matures per its terms.

Generated 2026-05-20T20:21:21Z.

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
REIT tenant concentration cliff: 90% of NOI from T-Mobile, AT&T and Verizon Wireless (≥40% threshold). Single-tenant churn risk dominates spot FFO.
Concentration risk — Tenant: T-Mobile, AT&T and Verizon Wireless (90.0%)
Concentration risk — Product: site rental revenues (95.0%)

Key Metrics

P/E (TTM)36.6
P/E (Fwd)29.3
Mkt Cap$37.8B
EV/EBITDA24.8
Profit Mgn25.1%
ROE
Rev Growth-4.8%
Beta0.95
Dividend4.90%
Rating analysts25

Quality Signals

Piotroski F6/9

Concentration Risks(10-K Item 1A)

  • HIGHTenantT-Mobile, AT&T and Verizon Wireless90%
    10-K Item 1: 'Our three largest tenants are T-Mobile, AT&T and Verizon Wireless. Collectively, these three tenants accounted for approximately 90% of our 2025 site rental revenues.'
  • HIGHProductsite rental revenues95%
    10-K Item 1: 'Site rental revenues represented 95% of our 2025 net revenues.'
  • HIGHcounterpartyAT&T and T-Mobile master leases55%
    10-K Item 1A: 'As of December 31, 2025, approximately 55% of our towers were leased or subleased or operated and managed under master leases, subleases, or other agreements with AT&T and T-Mobile'

Material Events(8-K, last 90d)

  • 2026-05-01Item 1.02MEDIUM
    Crown Castle terminated its Existing Credit Agreement and entered a new $4.5B unsecured revolving credit facility with JPMorgan Chase as administrative agent. Old agreement replaced; new facility matures per its terms.
    SEC filing →
  • 2026-02-25Item 5.02LOW
    Board approved 2026 EMT Annual Incentive Plan for executive management team including President/CEO Christian H. Hillabrant and other executive officers, providing cash incentives tied to corporate financial performance goals.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers

Revenue shrinking — -4.8% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
1.3
Declining revenue: -5%
Low model confidence on this dimension (33%).

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Volume
0.0
Obv
1.0
Ma Position
3.0
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA, MA slope -2.2%/30d — confirmed downtrend

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
0.0
Value Rank
2.7
Quality Rank
4.6
GatesMomentum 1.7<4.5A.R:R 0.2 < 1.5@spotDeath cross (50MA < 200MA)REIT TENANT CLIFF HARD BLOCKInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 65d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
56 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $83.30Resistance $92.81

Price Targets

$83
$89
A.Upside+1.3%
A.R:R0.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (1.2% upside)
! Momentum score 1.7/10 — below 4.5 minimum
! Reward/Risk 0.2:1 at current price — below 1.5:1 minimum

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-22 (65d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CCI stock a buy right now?

Sell if holding. At $87.84, A.R:R 0.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: REIT tenant concentration cliff: 90% of NOI from T-Mobile, AT&T and Verizon Wireless (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: T-Mobile, AT&T and Verizon Wireless (90.0%). Chart setup: RSI 56 mid-range, Bollinger mid-band. Prior stop was $83.41. Score 4.4/10, high confidence.

What is the CCI stock price target?

Take-profit target: $88.94 (+1.2% upside). Prior stop was $83.41. Stop-loss: $83.41.

What are the risks of investing in CCI?

REIT tenant concentration cliff: 90% of NOI from T-Mobile, AT&T and Verizon Wireless (≥40% threshold). Single-tenant churn risk dominates spot FFO.; Concentration risk — Tenant: T-Mobile, AT&T and Verizon Wireless (90.0%); Concentration risk — Product: site rental revenues (95.0%).

Is CCI overvalued or undervalued?

Crown Castle Inc. trades at a P/E of 36.6 (forward 29.3). TrendMatrix value score: 4.6/10. Verdict: Sell.

What do analysts say about CCI?

25 analysts cover CCI with a consensus score of 3.8/5. Average price target: $99.

What does Crown Castle Inc. do?Crown Castle is a US tower REIT with 40,000+ towers operated under long-term tenant contracts. Fiber Business sold May...

Crown Castle is a US tower REIT with 40,000+ towers operated under long-term tenant contracts. Fiber Business sold May 1, 2026 for $8.5B aggregate proceeds and classified as discontinued operations. Site rental revenues from T-Mobile, AT&T, and Verizon Wireless represent approximately 90% of 2025 site rental revenues, which themselves are 95% of net revenues.

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