Ontrak, Inc. (OTRK)

NASDAQ: OTRK · Real-Time Price · USD
0.215
-0.001 (-0.56%)
At close: Sep 18, 2024, 4:00 PM
0.210
-0.005 (-2.23%)
After-hours: Sep 18, 2024, 7:59 PM EDT
-0.56%
Market Cap 10.30M
Revenue (ttm) 12.39M
Net Income (ttm) -36.52M
Shares Out 47.97M
EPS (ttm) -0.90
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 77,942
Open 0.216
Previous Close 0.216
Day's Range 0.210 - 0.224
52-Week Range 0.140 - 1.420
Beta 2.59
Analysts Strong Buy
Price Target 3.00 (+1,296.65%)
Earnings Date Nov 12, 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 $3.0.

Price Target
$3.0
(1,296.65% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 days 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 ...

7 days 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...

13 days 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
13 days 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
13 days 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...

20 days 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...

4 weeks 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...

5 weeks 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...

5 weeks 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...

5 weeks 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...

7 weeks 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 ...

7 weeks 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) ...

2 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.

3 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...

4 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 &...

4 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...

4 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...

4 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...

5 months ago - Business Wire

Ontrak, Inc. (OTRK) Q4 2023 Earnings Call Transcript

Ontrak, Inc. (NASDAQ:OTRK) Q4 2023 Results Conference Call April 16, 2024 4:30 PM ET Company Participants Ryan Halsted - Investor Relations, Gilmartin Group Brandon LaVerne - Chief Executive Officer ...

5 months ago - Seeking Alpha

Ontrak Announces 2023 Fourth Quarter and Year End Financial Results

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

5 months ago - Business Wire

Ontrak to Report 2023 Fourth Quarter Financial Results on April 16, 2024

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

6 months ago - Business Wire

Ontrak Health Announces the Launch of the Ontrak Advanced Engagement System, Ushering in the Next Era of AI-enabled Behavioral Healthcare

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and tech-enabled behavioral healthcare company, today announced the launch of its Ontrak Advanced Engagement System. This sys...

6 months ago - Business Wire

Ontrak to Participate at the 36th Annual Roth Conference

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced management will be participating in the...

6 months ago - Business Wire

Ontrak Health Announces Continuing Expansion with Sentara Health

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

6 months ago - Business Wire