Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
26.21
-0.86 (-3.18%)
At close: May 15, 2026, 4:00 PM EDT
26.00
-0.21 (-0.80%)
After-hours: May 15, 2026, 6:55 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 27, which predicts a 3.01% increase from the current stock price of 26.21.
Price Target: $27 (+3.01%)
Analyst Consensus: Hold
Analyst Ratings
According to 1 stock analyst, the rating for Carter Bankshares is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
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 |
|---|---|---|---|---|---|---|---|
| Freedom Broker | Freedom Broker | Strong Buy → Hold Downgrades $25 → $27 | Strong Buy → Hold | Downgrades | $25 → $27 | +3.01% | May 15, 2026 |
| Freedom Broker | Freedom Broker | Strong Buy Maintains $23 → $25 | Strong Buy | Maintains | $23 → $25 | -4.62% | Feb 13, 2026 |
| Freedom Broker | Freedom Broker | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | -12.25% | Dec 24, 2025 |
| Hovde Group | Hovde Group | Buy Initiates $22 | Buy | Initiates | $22 | -16.06% | Oct 2, 2024 |
| Raymond James | Raymond James | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | -19.88% | Aug 29, 2024 |
Financial Forecast
Revenue This Year
252.32M
from 157.06M
Increased by 60.66%
Revenue Next Year
206.21M
from 252.32M
Decreased by -18.27%
EPS This Year
4.40
from 1.38
Increased by 218.81%
EPS Next Year
2.60
from 4.40
Decreased by -40.88%
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 analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.