CareCloud, Inc. (CCLD)
NASDAQ: CCLD · IEX Real-Time Price · USD
1.160
-0.020 (-1.69%)
At close: Mar 28, 2024, 4:00 PM
1.170
+0.010 (0.86%)
After-hours: Mar 28, 2024, 7:39 PM EDT
CareCloud Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for CareCloud stock have an average target of 4.50, with a low estimate of 3.00 and a high estimate of 8.50. The average target predicts an increase of 287.93% from the current stock price of 1.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CareCloud stock from 4 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Benchmark | Benchmark | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +201.72% | Mar 25, 2024 |
Maxim Group | Maxim Group | Hold → Strong Buy Upgrades $3 | Hold → Strong Buy | Upgrades | $3 | +158.62% | Mar 22, 2024 |
Benchmark | Benchmark | Strong Buy Reiterates $3.5 | Strong Buy | Reiterates | $3.5 | +201.72% | Nov 16, 2023 |
Roth MKM | Roth MKM | Strong Buy → Hold Downgrades $8 → $3 | Strong Buy → Hold | Downgrades | $8 → $3 | +158.62% | Aug 4, 2023 |
EF Hutton | EF Hutton | Strong Buy Reiterates $8.5 | Strong Buy | Reiterates | $8.5 | +632.76% | May 5, 2023 |
Financial Forecast
Revenue This Year
127.23M
from 117.06M
Increased by 8.69%
Revenue Next Year
149.02M
from 127.23M
Increased by 17.13%
EPS This Year
-0.92
from -4.11
EPS Next Year
-0.40
from -0.92
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 138.8M | 153.4M |
Avg | 127.2M | 149.0M |
Low | 112.7M | 143.2M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 18.6% | 20.6% |
Avg | 8.7% | 17.1% |
Low | -3.8% | 12.5% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.47 | -0.42 |
Avg | -0.92 | -0.40 |
Low | -1.19 | -0.39 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.