CareCloud, Inc. (CCLD)
NASDAQ: CCLD · Real-Time Price · USD
2.795
+0.105 (3.90%)
Nov 21, 2024, 2:16 PM EST - Market open
CareCloud Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CareCloud stock have an average target of 3.75, with a low estimate of 3.00 and a high estimate of 4.50. The average target predicts an increase of 34.17% from the current stock price of 2.80.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CareCloud stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +61.00% | Nov 15, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $4 → $4.5 | Strong Buy | Maintains | $4 → $4.5 | +61.00% | Aug 27, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $3.5 → $4 | Strong Buy | Maintains | $3.5 → $4 | +43.11% | May 16, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +25.22% | Mar 25, 2024 |
| Maxim Group | Maxim Group | Hold → Strong Buy Upgrades $3 | Hold → Strong Buy | Upgrades | $3 | +7.33% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
113.34M
from 117.06M
Decreased by -3.18%
Revenue Next Year
118.17M
from 113.34M
Increased by 4.26%
EPS This Year
-0.45
from -4.11
EPS Next Year
-0.54
from -0.45
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 117.4M | 125.3M | 131.8M |
| Avg | 113.3M | 118.2M | 128.1M |
| Low | 108.1M | 109.8M | 123.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.3% | 10.6% | 11.6% |
| Avg | -3.2% | 4.3% | 8.4% |
| Low | -7.6% | -3.1% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.39 | -0.43 | -0.65 |
| Avg | -0.45 | -0.54 | -0.63 |
| Low | -0.50 | -0.66 | -0.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.