CareMax, Inc. (CMAX)
NASDAQ: CMAX · IEX Real-Time Price · USD
4.910
+0.510 (11.59%)
Mar 28, 2024, 12:34 PM EDT - Market open

CareMax Stock Forecast

CMAX's stock price has decreased by -93.31% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for CareMax stock have an average target of 45, with a low estimate of 30 and a high estimate of 60. The average target predicts an increase of 816.50% from the current stock price of 4.91.

Analyst Consensus: Hold
Target Low Average Median High
Price $30 $45 $60 $60
Change +511.00% +816.50% +1122.0% +1122.0%
* Price targets were last updated on Nov 17, 2023.

Analyst Ratings

The average analyst rating for CareMax stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111110
Buy 000000
Hold 122222
Sell 000000
Strong Sell 000000
Total 233332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Downgrades
$150$30
Hold Downgrades $150$30 +511.00% Nov 17, 2023
Piper Sandler
Piper Sandler
Hold
Downgrades
$60
Hold Downgrades $60 +1,122.00% Nov 10, 2023
UBS
UBS
Strong Buy
Maintains
$300$180
Strong Buy Maintains $300$180 +3,565.99% Jan 6, 2023
Truist Securities
Truist Securities
Hold
Initiates
$225
Hold Initiates $225 +4,482.48% Sep 7, 2022
Jefferies
Jefferies
Strong Buy
Initiates
$450
Strong Buy Initiates $450 +9,064.97% Oct 20, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
891.15M
from 751.10M
Increased by 18.65%
Revenue Next Year
1.69B
from 891.15M
Increased by 89.53%
EPS This Year
-15.03
from -183.31
EPS Next Year
-3.43
from -15.03
Year 2019202020212022202320242025202620272028
Revenue
90.60M103.42M295.76M631.13M751.10M891.15M1.69B3.00B4.35B4.89B
Revenue Growth
-14.15%185.98%113.39%19.01%18.65%89.53%77.44%45.01%12.45%
EPS
-21.00-3.90-12.49-183.31-15.03-3.43---
EPS Growth
----------
No. Analysts -----65433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.0B 2.4B 4.0B 4.5B 5.0B
Avg 891.2M 1.7B 3.0B 4.3B 4.9B
Low 809.1M 1.1B 2.1B 4.2B 4.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
35.0%
170.2%
135.1%
49.3%
15.8%
Avg
18.6%
89.5%
77.4%
45.0%
12.4%
Low
7.7%
21.8%
21.6%
39.3%
8.0%

EPS Forecast

EPS 20242025
High -6.30 7.88
Avg -15.03 -3.43
Low -28.95 -14.58

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.