Ontrak, Inc. (OTRK)

NASDAQ: OTRK · Real-Time Price · USD
1.830
+0.030 (1.67%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.67%
Market Cap 7.72M
Revenue (ttm) 11.24M
Net Income (ttm) -35.68M
Shares Out 4.22M
EPS (ttm) -9.58
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 43,521
Open 1.820
Previous Close 1.800
Day's Range 1.770 - 1.886
52-Week Range 1.700 - 16.050
Beta 2.60
Analysts Strong Buy
Price Target 45.00 (+2,359.02%)
Earnings Date Nov 13, 2024

About OTRK

Ontrak, Inc. operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to third-party payors in the United States. Its technology-enabled platform predicts people whose chronic disease will improve with behavior change, recommends effective care pathways that people are willing to follow, and engages and guides them to and through the care they need. The company’s technology enabled OnTrak program provides healthcare solutions to members with behavioral conditions tha... [Read more]

Sector Healthcare
Founded 2003
Employees 104
Stock Exchange NASDAQ
Ticker Symbol OTRK
Full Company Profile

Financial Performance

In 2023, Ontrak's revenue was $12.74 million, a decrease of -12.20% compared to the previous year's $14.51 million. Losses were -$36.87 million, -39.08% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for OTRK stock is "Strong Buy" and the 12-month stock price forecast is $45.0.

Price Target
$45.0
(2,359.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ontrak, Inc. (OTRK) Q3 2024 Earnings Call Transcript

Ontrak, Inc. (NASDAQ:OTRK) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Ryan Halsted - Investor Relations, Gilmartin Group Brandon LaVerne - Chief Executive Offi...

7 days ago - Seeking Alpha

Ontrak Health Announces 2024 Third Quarter Financial Results

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and technology-enabled behavioral healthcare company, today reported its financial results for the...

7 days ago - Business Wire

Ontrak Health Expands Behavioral Health Solutions with Sentara Health Plans for Commercial and Marketplace Populations

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company, today announced a continuing expansion of its strategic partnership with...

14 days ago - Business Wire

Ontrak Health to Report 2024 Third Quarter Financial Results on November 13, 2024

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for t...

20 days ago - Business Wire

Ontrak Health Collaborates with Major Northeast Regional Plan to Bridge HEDIS Care Gaps Using Ontrak Quality Solution

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced an expansion of its strategic partnership with its most recent...

6 weeks ago - Business Wire

Ontrak, Inc. Announces Reverse Stock Split

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, today announced that it will implement a 1-for-15 reverse split of the i...

2 months ago - Business Wire

Ontrak Health Demonstrates Significant Improvement in Members' Quality of Life from ReQoL Mental Health Assessment

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced significant findings from the first two-quarters of data colle...

2 months ago - Business Wire

Ontrak Health to Present at National Healthcare Industry Events

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced that its Chief Innovation Officer, Brianna Brennan, will be a ...

2 months ago - Business Wire

Ontrak Health Launches Innovative Solution to Improve Quality Measures and Boost Performance Scores

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, today announced the launch of Ontrak Quality, its latest product offerin...

2 months ago - Business Wire

Harvestone Low Carbon Partners and Bank of America Close $205 Million Carbon Capture and Sequestration Tax Equity Financing

BISMARCK, N.D.--(BUSINESS WIRE)--Harvestone Low Carbon Partners, LP (HLCP), one of America's leading decarbonization platforms, and a portfolio company of Energy Capital Partners (ECP), today announce...

Other symbols: BPOP
2 months ago - Business Wire

Asahi Kasei Engineering Launches Cloud-Based CAE Solution Platform

NEW YORK & TOKYO & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei Engineering Corp. launched a cloud-based CAE solution platform, offering precise apps to predict crash and impact behavior of polym...

Other symbols: BPOP
2 months ago - Business Wire

Ontrak Health and MosaicVoice Partner to Revolutionize Healthcare with AI-Powered Voice Technology

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced it has partnered with MosaicVoice, a pioneer in AI-powered voi...

2 months ago - Business Wire

Ontrak Health Secures HITRUST CSF® Certification for 2024, Affirming Commitment to Data Security and Compliance

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company, announced the achievement of the HITRUST Risk-based, 2-year (r2) certifi...

3 months ago - Business Wire

Ontrak, Inc. (OTRK) Q2 2024 Earnings Call Transcript

Ontrak, Inc. (NASDAQ:OTRK) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Ryan Halsted - Investor Relations, Gilmartin Group Brandon LaVerne - Chief Executive Officer...

3 months ago - Seeking Alpha

Ontrak Health Announces Expected 2024 Second Quarter Financial Results

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and technology-enabled behavioral healthcare company, today reported its expected financial result...

3 months ago - Business Wire

Ontrak Announces New Contract with Large Northeast Regional Health Plan

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company announced the signing of a 2-year strategic partnership with a large, reg...

3 months ago - Business Wire

Ontrak Health to Report 2024 Second Quarter Financial Results on August 8, 2024

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for t...

4 months ago - Business Wire

Ontrak Health Finalizes Study Results for Prominent Health Plan's Medicaid Members with WholeHealth+ Program

MIAMI--(BUSINESS WIRE)--Ontrak, Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announced the impressive results of a formal evaluation conducted on the ...

4 months ago - Business Wire

Ontrak Health Adopts Comprehensive Healthcare Integration (CHI) Framework to Enhance Care Delivery

MIAMI--(BUSINESS WIRE)--Ontrak, Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled behavioral healthcare company, announces the adoption of the Comprehensive Healthcare Integration (CHI) ...

4 months ago - Business Wire

Ex-CEO of healthcare company Ontrak convicted of $12.5 million insider-trading scheme

LOS ANGELES — The former chief executive and chairman of Ontrak Inc., a publicly traded healthcare company based in Nevada, was found guilty Friday of a multimillion-dollar insider-trading scheme.

5 months ago - Market Watch

Ontrak Launches Groundbreaking Mental Health Digital Twin Technology, Revolutionizing Precision Mental Healthcare Delivery

MIAMI--(BUSINESS WIRE)--Ontrak Inc (NASDAQ: OTRK), a leading AI-powered and technology-enabled healthcare company, today announced the launch of its pioneering Mental Health Digital Twin (MHDT) techno...

6 months ago - Business Wire

Ontrak, Inc. (OTRK) Q1 2024 Earnings Call Transcript

Ontrak, Inc. (NASDAQ:OTRK) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Ryan Halsted - Investor Relations, Gilmartin Group Brandon LaVerne - Chief Executive Officer &...

6 months ago - Seeking Alpha

Ontrak Health Announces 2024 First Quarter Financial Results

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and technology-enabled behavioral healthcare company, today reported its financial results for the...

6 months ago - Business Wire

Ontrak Health Announces New Health Plan Customer Providing Behavioral Healthcare Solutions

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled behavioral healthcare company, today announced the Florida Agency for Healthcare Administration has app...

6 months ago - Business Wire

Ontrak Health to Report 2024 First Quarter Financial Results on May 14, 2024

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced it will report financial results for t...

7 months ago - Business Wire