CareCloud, Inc. (CCLD)
NASDAQ: CCLD · Real-Time Price · USD
3.400
-0.090 (-2.58%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 10.29% from the current stock price of 3.40.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 15, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 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 | +32.35% | Nov 15, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $4 → $4.5 | Strong Buy | Maintains | $4 → $4.5 | +32.35% | Aug 27, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $3.5 → $4 | Strong Buy | Maintains | $3.5 → $4 | +17.65% | May 16, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +2.94% | Mar 25, 2024 |
| Maxim Group | Maxim Group | Hold → Strong Buy Upgrades $3 | Hold → Strong Buy | Upgrades | $3 | -11.76% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
112.84M
from 117.06M
Decreased by -3.60%
Revenue Next Year
113.64M
from 112.84M
Increased by 0.71%
EPS This Year
-0.32
from -4.11
EPS Next Year
-0.26
from -0.32
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 117.4M | 120.3M | 126.2M |
| Avg | 112.8M | 113.6M | 118.4M |
| Low | 107.4M | 103.4M | 109.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.3% | 6.6% | 11.1% |
| Avg | -3.6% | 0.7% | 4.2% |
| Low | -8.3% | -8.3% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.27 | 0.04 | -0.12 |
| Avg | -0.32 | -0.26 | -0.22 |
| Low | -0.36 | -0.47 | -0.31 |
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.