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Investing.com - Jones Trading lowered its price target on The Geo Group (NYSE:GEO) to $37.00 from $50.00 on Friday, while maintaining a Buy rating on the stock. GEO currently trades at $15.06, significantly below both the revised target and its 52-week high of $36.46, with InvestingPro data showing the stock is in oversold territory.
The firm cited slower than expected growth as the primary reason for the downward revision of its target, though it maintained a bullish outlook on all segments of the company’s business. Despite recent price declines of over 9% in the past week and 43% over six months, GEO trades at an attractive P/E ratio of 8.75.
Jones Trading specifically highlighted the Immigration Supervision Appearance Program (ISAP) opportunity as particularly promising, despite noting that the ISAP ramp-up may continue to face headwinds until the 100,000 detention capacity is reached.
The firm revised its estimates downward to account for the slower growth trajectory, resulting in a lower discounted cash flow (DCF) valuation for the shares.
Jones Trading still projects a pathway toward more than $3 billion in annualized revenue from upcoming contracts and monitoring beginning to materialize for fiscal year 2026.
In other recent news, Geo Group Inc reported its financial results for the third quarter of 2025, exceeding market expectations. The company posted an earnings per share (EPS) of $0.25, surpassing the forecasted $0.23. Additionally, Geo Group’s revenue reached $682.3 million, which was above the projected $664.39 million. These positive earnings and revenue results highlight the company’s strong financial performance in the quarter. Despite the positive financial results, the stock experienced a decline, indicating complex investor sentiment. There were no recent reports of mergers involving Geo Group. Analyst firms have not publicly issued upgrades or downgrades following the earnings report. Overall, these developments reflect the latest financial performance and market reactions regarding Geo Group Inc .
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