Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
33.13
-1.46 (-4.22%)
At close: Jul 2, 2026, 4:00 PM EDT
33.06
-0.07 (-0.21%)
After-hours: Jul 2, 2026, 7:53 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 13.98% lower than the current stock price, while the lowest is $27 (-18.50%) and the highest is $30 (-9.45%).
Price Target: $28.5 (-13.98%)
Analyst Consensus: Buy
* Price targets were last updated on Jun 3, 2026.
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 |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Downgrades n/a | Hold | Downgrades | n/a | n/a | Jul 1, 2026 |
| Hovde Group | Hovde Group | Hold Downgrades $28 → $30 | Hold | Downgrades | $28 → $30 | -9.45% | Jun 3, 2026 |
| Freedom Capital Markets | Freedom Capital Markets | Hold Downgrades $25 → $27 | Hold | Downgrades | $25 → $27 | -18.50% | May 15, 2026 |
Financial Forecast
Revenue This Year
257.75M
from 153.22M
Increased by 68.22%
Revenue Next Year
201.55M
from 257.75M
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 | 257.8M | ||
| Low | 248.2M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 74.5% | ||
| 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% |