Ontrak, Inc. (OTRK)

NASDAQ: OTRK · IEX Real-Time Price · USD
0.266
+0.016 (6.40%)
May 7, 2024, 4:00 PM EDT - Market closed
6.40%
Market Cap 12.76M
Revenue (ttm) 12.74M
Net Income (ttm) -36.87M
Shares Out 47.97M
EPS (ttm) -3.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 476,656
Open 0.250
Previous Close 0.250
Day's Range 0.250 - 0.278
52-Week Range 0.140 - 4.080
Beta 2.41
Analysts Strong Buy
Price Target 4.00 (+1,403.76%)
Earnings Date May 14, 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 102
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 $4.0.

Price Target
$4.0
(1,403.76% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 days ago - Business Wire

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...

21 days 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...

4 weeks 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 weeks 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...

7 weeks 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...

2 months ago - Business Wire

Ontrak Health Bolsters Strategic Partnership with Sentara Health Plans

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

2 months ago - Business Wire

Ontrak Health Sets New Standard in Behavioral Health Care with Implementation of ReQoL Assessment in the US

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, has achieved a new milestone by introducing the Recovering Quality of Life Assessm...

2 months ago - Business Wire

UE Systems, the Leader in Ultrasonic Detection Instruments and Solutions, Revolutionizes Bearing Maintenance with the Launch of OnTrak Wireless

ELMSFORD, N.Y.--(BUSINESS WIRE)--UE Systems, a pioneering force in developing ultrasonic detection instruments and solutions for maintenance and reliability, unveils its latest innovation – the OnTrak...

5 months ago - Business Wire

Ontrak Announces 2023 Third Quarter 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 third quar...

6 months ago - Business Wire

Ontrak, Inc. Announces Closing of $6.3 Million Public Offering, $11 Million Concurrent Private Placement and $16.3 Million Conversion of Secured Notes

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the closing of its previously announced...

6 months ago - Business Wire

Ontrak, Inc. Announces Pricing of $6.3 Million Public Offering, $11 Million Concurrent Private Placement and $16.3 Million Conversion of Secured Notes

MIAMI--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the pricing of a public offering of: 4,...

6 months ago - Business Wire

Ontrak to Report 2023 Third Quarter Financial Results on November 14, 2023

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 Achieves $750 Per Member Per Month (PMPM) Cost Savings for Prominent Health Plan's Medicaid Members with WholeHealth+ Program

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, is proud to announce the promising results of a formal evaluation conducted on the...

7 months ago - Business Wire

Ontrak Announces Receipt of Notice from Nasdaq Regarding Scheduled Delisting of its 9.50% Series A Cumulative Perpetual Preferred Stock

MIAMI--(BUSINESS WIRE)--As previously announced, on April 13, 2023, Ontrak, Inc. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company no longer mee...

7 months ago - Business Wire

Ontrak Health Achieves Unprecedented Efficiency and Cost Savings with Axiom Systems TransSend Core EDI Gateway

MIAMI--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, announced today the successful deployment of the Axiom Systems TransSend Core EDI ...

8 months ago - Business Wire

Ontrak Health's Study of Behavioral Health Patient Reported Outcomes Reveals 53-60% Reduction in Anxiety and Depressive Symptoms

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, is pleased to announce the results of its 9-month post baseline follow-u...

8 months ago - Business Wire

Ontrak Announces 2023 Second Quarter Financial Results

HENDERSON, Nev.--(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 ...

9 months ago - Business Wire

Ontrak Health Announces Breakthrough Increase in Behavioral Health Diagnoses

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, has completed a study of thousands of members revealing a substantial inc...

9 months ago - Business Wire

Ontrak, Inc. Announces 1-for-6 Reverse Split

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled healthcare company, announced today that it will effect a 1-for-6 reverse split of its outsta...

10 months ago - Business Wire

Ontrak to Report 2023 Second Quarter Financial Results on August 9, 2023

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

10 months ago - Business Wire

Ontrak Achieves NCQA Certification as a Credentials Verification Organization, Reinforcing Commitment to Quality Assurance in Healthcare

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK), a leading AI-powered and telehealth-enabled health care company, is proud to announce its recent certification by the National Committee ...

1 year ago - Business Wire

Ontrak Announces 2023 First Quarter Financial Results

HENDERSON, Nev.--(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 ...

1 year ago - Business Wire

Ontrak to Report 2023 First Quarter Financial Results on May 10, 2023

HENDERSON, Nev.--(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 resu...

1 year ago - Business Wire

Ontrak Announces Receipt of Notice from Nasdaq Regarding Non-Compliance of its 9.50% Series A Cumulative Perpetual Preferred Stock with Minimum Bid Price Requirement

HENDERSON, Nev.--(BUSINESS WIRE)--On April 13, 2023, Ontrak, Inc. (the “Company”) received a letter (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company no longer mee...

1 year ago - Business Wire