Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
17.20
-0.26 (-1.49%)
Feb 21, 2025, 4:00 PM EST - Market closed
Carter Bankshares Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Carter Bankshares stock have an average target of 21.5, with a low estimate of 21 and a high estimate of 22. The average target predicts an increase of 25.00% from the current stock price of 17.20.
Analyst Consensus: Buy
* Price targets were last updated on Oct 2, 2024.
Analyst Ratings
The average analyst rating for Carter Bankshares stock from 2 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Hovde Group | Hovde Group | Buy Initiates $22 | Buy | Initiates | $22 | +27.91% | Oct 2, 2024 |
| Raymond James | Raymond James | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +22.09% | Aug 29, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $17 | Hold → Buy | Upgrades | $17 | -1.16% | May 1, 2023 |
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 6, 2023 |
| Piper Sandler | Piper Sandler | Hold Initiates $19 | Hold | Initiates | $19 | +10.47% | Dec 5, 2022 |
Financial Forecast
Revenue This Year
157.67M
Revenue Next Year
178.20M
from 157.67M
Increased by 13.02%
EPS This Year
2.04
from 1.06
Increased by 92.13%
EPS Next Year
1.68
from 2.04
Decreased by -17.36%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 168.5M | 184.7M |
| Avg | 157.7M | 177.4M |
| Low | 145.7M | 168.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | - | 17.1% |
| Avg | - | 12.5% |
| Low | - | 6.8% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.41 | 2.15 |
| Avg | 2.04 | 1.92 |
| Low | 1.13 | 1.71 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 221.9% | 5.7% |
| Avg | 92.1% | -5.7% |
| Low | 6.3% | -15.8% |
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.