Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
19.73
-0.12 (-0.60%)
Sep 15, 2025, 4:00 PM EDT - Market closed

Carter Bankshares Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Carter Bankshares stock has a target of 22, which predicts a 11.51% increase from the current stock price of 19.73.

Price Target: $22 (+11.51%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$22$22$22$22
Change+11.51%+11.51%+11.51%+11.51%
* Price targets were last updated on Oct 2, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Carter Bankshares is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingMay '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy000000
Buy222111
Hold222000
Sell000000
Strong Sell000000
Total444111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Hovde Group
Hovde Group
Buy
Initiates
$22
BuyInitiates$22+11.51%Oct 2, 2024
Raymond James
Raymond James
Buy
Maintains
$20$21
BuyMaintains$20$21+6.44%Aug 29, 2024
Raymond James
Raymond James
Buy
Upgrades
$17
BuyUpgrades$17-13.84%May 1, 2023
Raymond James
Raymond James
Hold
Initiates
n/a
HoldInitiatesn/an/aApr 6, 2023
Piper Sandler
Piper Sandler
Hold
Initiates
$19
HoldInitiates$19-3.70%Dec 5, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
156.15M
from 140.87M
Increased by 10.85%
Revenue Next Year
178.20M
from 156.15M
Increased by 14.12%
EPS This Year
2.01
from 1.06
Increased by 89.25%
EPS Next Year
1.68
from 2.01
Decreased by -16.10%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
112.50M136.28M158.10M134.19M140.87M156.15M178.20M
Revenue Growth
-8.80%21.13%16.01%-15.12%4.98%10.85%14.12%
EPS
-1.741.192.031.001.062.011.68
EPS Growth
--70.22%-50.75%6.25%89.25%-16.10%
Forward PE
-----9.8411.72
No. Analysts
-----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026
High162.5M184.6M
Avg156.2M178.7M
Low148.4M171.0M

Revenue Growth

Revenue Growth20252026
High
15.4%
18.2%
Avg
10.8%
14.4%
Low
5.3%
9.5%

EPS Forecast

EPS20252026
High3.052.15
Avg2.012.03
Low1.461.87

EPS Growth

EPS Growth20252026
High
187.3%
7.3%
Avg
89.2%
1.0%
Low
37.8%
-6.7%
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.