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
* 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 | +11.51% | Oct 2, 2024 |
Raymond James | Raymond James | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +6.44% | Aug 29, 2024 |
Raymond James | Raymond James | Hold → Buy Upgrades $17 | Hold → Buy | Upgrades | $17 | -13.84% | 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 | -3.70% | 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.