CareCloud, Inc. (CCLD)
NASDAQ: CCLD · Real-Time Price · USD
2.450
+0.070 (2.94%)
Nov 7, 2024, 3:13 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 53.08% from the current stock price of 2.45.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $3.00 $3.75 $4.50 $4.50
Change +22.46% +53.08% +83.70% +83.70%
* Price targets were last updated on Aug 27, 2024.

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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 000000
Hold 110000
Sell 000000
Strong Sell 000000
Total 332222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Maintains
$4$4.5
Strong Buy Maintains $4$4.5 +83.70% Aug 27, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$3.5$4
Strong Buy Maintains $3.5$4 +63.29% May 16, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$3.5
Strong Buy Reiterates $3.5 +42.87% Mar 25, 2024
Maxim Group
Maxim Group
Strong Buy
Upgrades
$3
Strong Buy Upgrades $3 +22.46% Mar 22, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$3.5
Strong Buy Reiterates $3.5 +42.87% Nov 16, 2023
More Analyst Ratings

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
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
64.44M105.12M139.60M138.83M117.06M113.34M118.17M128.05M
Revenue Growth
27.49%63.13%32.80%-0.55%-15.68%-3.18%4.26%8.36%
EPS
-0.60-1.79-0.77-0.67-4.11-0.45-0.54-0.63
EPS Growth
--------
Forward PE
--------
No. Analysts -----663
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
0.3%
10.6%
11.6%
Avg
-3.2%
4.3%
8.4%
Low
-7.6%
-3.1%
4.1%

EPS Forecast

EPS 202420252026
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 202420252026
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.