Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
28.48
-0.78 (-2.67%)
Nov 5, 2026, 4:00 PM EST - Market closed
Carter Bankshares Stock Forecast
Stock Price Forecast
According to 4 analysts polled by S&P Global, Carter Bankshares stock has a consensus rating of "Hold" and an average price target of $34.25. The average 1-year stock price forecast is 20.26% higher than the current stock price, while the lowest is $32 (+12.36%) and the highest is $35.75 (+25.53%).
Price Target: $34.25 (+20.26%)
Analyst Consensus: Hold
Price Target
Chart* Price targets were last updated on Jul 27, 2026.
Analyst Ratings
The average analyst rating for Carter Bankshares stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Hovde Group | Hovde Group | Hold Maintains $30 → $35 | Hold | Maintains | $30 → $35 | +21.14% | Jul 27, 2026 |
| Raymond James | Raymond James | Hold Downgrades n/a | Hold | Downgrades | n/a | n/a | Jul 1, 2026 |
| Freedom Capital Markets | Freedom Capital Markets | Hold Downgrades $25 → $27 | Hold | Downgrades | $25 → $27 | -5.20% | May 15, 2026 |
Financial Forecast
Revenue This Year
269.90M
from 153.22M
Increased by 76.15%
Revenue Next Year
202.07M
from 269.90M
Decreased by -25.13%
EPS This Year
5.29
from 1.39
Increased by 280.22%
EPS Next Year
2.53
from 5.29
Decreased by -52.13%
EPS and Forward PE are based on non-GAAP adjusted numbers.