Carter Bankshares, Inc. (CARE)

Carter Bankshares Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Carter Bankshares stock has a consensus rating of "Buy" and an average price target of $27.25. The average 1-year stock price forecast is 2.71% higher than the current stock price, while the lowest is $27 (+1.77%) and the highest is $28 (+5.54%).

Price Target: $27.25 (+2.71%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$27	$27.25	$27	$28
Change	+1.77%	+2.71%	+1.77%	+5.54%

Analyst Ratings

The average analyst rating for Carter Bankshares stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mikhail Paramonov Freedom Broker	Freedom Broker	Strong Buy → Hold Downgrades $25 → $27	Strong Buy → Hold	Downgrades	$25 → $27	+1.77%	May 15, 2026
Mikhail Paramonov Freedom Broker	Freedom Broker	Strong Buy Maintains $23 → $25	Strong Buy	Maintains	$23 → $25	-5.77%	Feb 13, 2026
Mikhail Paramonov Freedom Broker	Freedom Broker	Strong Buy Initiates $23	Strong Buy	Initiates	$23	-13.31%	Dec 24, 2025
Feddie Strickland Hovde Group	Hovde Group	Buy Initiates $22	Buy	Initiates	$22	-17.08%	Oct 2, 2024
Steve Moss Raymond James	Raymond James	Buy Maintains $20 → $21	Buy	Maintains	$20 → $21	-20.84%	Aug 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

252.32M

Increased by 60.66%

from 157.06M

Revenue Next Year

206.21M

Decreased by -18.27%

from 252.32M

EPS This Year

4.40

Increased by 218.81%

from 1.38

EPS Next Year

2.60

Decreased by -40.88%

from 4.40

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	136.28M	158.10M	134.19M	140.87M	157.06M	252.32M	206.21M
Revenue Growth	21.13%	16.01%	-15.12%	4.98%	11.49%	60.66%	-18.27%
EPS	1.19	2.03	1.00	1.06	1.38	4.40	2.60
EPS Growth	-	70.22%	-50.75%	6.25%	30.19%	218.81%	-40.88%
Forward PE	-	-	-	-	-	6.03	10.20
No. Analysts	-	-	-	-	-	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	261.1M	213.9M
Avg	252.3M	206.2M
Low	241.1M	196.6M

Revenue Growth

Revenue Growth	2026	2027
High	66.3%	-15.2%
Avg	60.7%	-18.3%
Low	53.5%	-22.1%

EPS Forecast

EPS	2026	2027	2028
High	5.83	2.73
Avg	4.40	2.60
Low	1.86	2.40

EPS Growth

EPS Growth	2026	2027	2028
High	322.3%	-37.9%
Avg	218.8%	-40.9%
Low	34.9%	-45.4%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.