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
Target Low Average Median High
Price $3.00 $4.50 $3.50 $8.50
Change +158.62% +287.93% +201.72% +632.76%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 233333
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 344444

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
Strong Buy
Upgrades
$3
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
Hold
Downgrades
$8$3
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
More Analyst Ratings

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
Year 2019202020212022202320242025
Revenue
64.44M105.12M139.60M138.83M117.06M127.23M149.02M
Revenue Growth
27.49%63.13%32.80%-0.55%-15.68%8.69%17.13%
EPS
-0.60-1.79-0.77-0.67-4.11-0.92-0.40
EPS Growth
-------
No. Analysts -----63
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 138.8M 153.4M
Avg 127.2M 149.0M
Low 112.7M 143.2M

Revenue Growth

Revenue Growth 20242025
High
18.6%
20.6%
Avg
8.7%
17.1%
Low
-3.8%
12.5%

EPS Forecast

EPS 20242025
High -0.47 -0.42
Avg -0.92 -0.40
Low -1.19 -0.39

EPS Growth

EPS Growth 20242025
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.