Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
20.15
+0.37 (1.87%)
At close: Sep 18, 2025, 4:00 PM EDT
20.15
0.00 (0.00%)
After-hours: Sep 18, 2025, 4:10 PM EDT
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 9.18% increase from the current stock price of 20.15.
Price Target: $22 (+9.18%)
Analyst Consensus: Buy
* 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
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Hovde Group | Hovde Group | Buy Initiates $22 | Buy | Initiates | $22 | +9.18% | Oct 2, 2024 |
| Raymond James | Raymond James | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +4.22% | Aug 29, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $17 | Hold → Buy | Upgrades | $17 | -15.63% | 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 | -5.71% | Dec 5, 2022 |
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%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 162.5M | 184.6M |
| Avg | 156.2M | 178.7M |
| Low | 148.4M | 171.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 15.4% | 18.2% |
| Avg | 10.8% | 14.4% |
| Low | 5.3% | 9.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.05 | 2.15 |
| Avg | 2.01 | 2.03 |
| Low | 1.46 | 1.87 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| 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.