Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
15.31
-0.38 (-2.42%)
Apr 25, 2025, 4:00 PM EDT - 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 40.43% from the current stock price of 15.31.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 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 | 2 | 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 | +43.70% | Oct 2, 2024 |
| Raymond James | Raymond James | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +37.17% | Aug 29, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $17 | Hold → Buy | Upgrades | $17 | +11.04% | 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 | +24.10% | Dec 5, 2022 |
Financial Forecast
Revenue This Year
158.07M
from 140.87M
Increased by 12.21%
Revenue Next Year
178.20M
from 158.07M
Increased by 12.73%
EPS This Year
2.02
from 1.06
Increased by 90.53%
EPS Next Year
1.68
from 2.02
Decreased by -16.67%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 169.4M | 186.5M |
| Avg | 158.1M | 178.2M |
| Low | 145.7M | 168.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 20.2% | 18.0% |
| Avg | 12.2% | 12.8% |
| Low | 3.4% | 6.6% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.36 | 2.15 |
| Avg | 2.02 | 1.94 |
| Low | 1.13 | 1.72 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 217.0% | 6.6% |
| Avg | 90.5% | -4.0% |
| Low | 6.3% | -15.1% |
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.