Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
29.88
+0.32 (1.07%)
At close: Jun 12, 2026, 4:00 PM EDT
30.47
+0.59 (1.99%)
After-hours: Jun 12, 2026, 7:01 PM EDT
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 $28.5. The average 1-year stock price forecast is 4.60% lower than the current stock price, while the lowest is $27 (-9.62%) and the highest is $30 (+0.42%).
Price Target: $28.5 (-4.60%)
Analyst Consensus: Buy
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Hovde Group | Hovde Group | Hold Downgrades $28 → $30 | Hold | Downgrades | $28 → $30 | +0.42% | Jun 3, 2026 |
| Freedom Capital Markets | Freedom Capital Markets | Hold Downgrades $25 → $27 | Hold | Downgrades | $25 → $27 | -9.62% | May 15, 2026 |
| Raymond James | Raymond James | Buy Reiterates $27 | Buy | Reiterates | $27 | -9.62% | Apr 27, 2026 |
Financial Forecast
Revenue This Year
257.73M
from 153.22M
Increased by 68.20%
Revenue Next Year
201.55M
from 257.73M
Decreased by -21.80%
EPS This Year
5.46
from 1.39
Increased by 292.81%
EPS Next Year
2.57
from 5.46
Decreased by -52.99%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 267.3M | ||
| Avg | 257.7M | ||
| Low | 248.2M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 74.4% | ||
| Avg | 68.2% | ||
| Low | 62.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.52 | ||
| Avg | 5.46 | ||
| Low | 5.40 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 297.1% | ||
| Avg | 292.8% | ||
| Low | 288.5% |