Ontrak, Inc. (OTRK)

NASDAQ: OTRK · IEX Real-Time Price · USD
0.784
-0.065 (-7.62%)
Aug 16, 2022 11:29 AM EDT - Market open
-7.62%
Market Cap 20.40M
Revenue (ttm) 38.09M
Net Income (ttm) -66.59M
Shares Out 26.02M
EPS (ttm) -2.84
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 409,650
Open 0.811
Previous Close 0.849
Day's Range 0.771 - 0.840
52-Week Range 0.600 - 22.440
Beta 2.24
Analysts Sell
Price Target 10.06 (+1,183.2%)
Earnings Date Aug 9, 2022

About OTRK

Ontrak, Inc. operates as an artificial intelligence powered, telehealth-enabled, and virtualized healthcare company that provides in-person services to health plans and other 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 be... [Read more...]

Industry Health Care Providers & Services
Founded 2003
CEO Terren Peizer
Employees 231
Stock Exchange NASDAQ
Ticker Symbol OTRK
Full Company Profile

Financial Performance

In 2021, Ontrak's revenue was $84.13 million, an increase of 1.56% compared to the previous year's $82.84 million. Losses were -$37.14 million, 63.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for OTRK stock is "Sell." The 12-month stock price forecast is 10.06, which is an increase of 1,183.16% from the latest price.

Price Target
$10.06
(1,183.16% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Ontrak Announces 2022 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 se...

Ontrak Announces Closing of Registered Direct Offering for Aggregate Gross Proceeds of $4.0 Million

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”) announced today that it has closed its previously announced registered direct offering with institutional invest...

Ontrak Announces Registered Direct Offering for Aggregate Gross Proceeds of $4.0 Million Priced At-The-Market Under N...

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), announced today that it has entered into a securities purchase agreement with institutional investors for the p...

Ontrak to Report 2022 Second Quarter Financial Results on August 9, 2022

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 result...

Ontrak Names Judith Feld, MD Chief Medical Officer

HENDERSON, Nev.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak Health” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today promoted Judith Feld, MD, to Chief...

Ontrak Announces Organizational Changes

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

Ontrak to Participate at the Lytham Partners Summer 2022 Investor Conference

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

Ontrak Health and Eleos Announce AI Integration Partnership to Support Care for Ontrak Members

HENDERSON, Nev. & BOSTON--(BUSINESS WIRE)--Ontrak Health (NASDAQ: OTRK) a leading AI-powered and telehealth-enabled healthcare company and Eleos Health, the leader in CareOps Automation for behavioral h...

5 Stocks Under $2 Insiders Are Aggressively Buying

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: AVCTBODYSMFRVHC

Ontrak Announces 2022 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 fi...

Ontrak to Report 2022 First Quarter Financial Results on May 11, 2022

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 result...

Ontrak Announces 2021 Fourth Quarter and Year End Financial Results

SANTA MONICA, Calif.--(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 t...

Ontrak to Present at the Cowen 42nd Annual Health Care Conference

SANTA MONICA, Calif.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the company will be partic...

Ontrak to Report 2021 Fourth Quarter Financial Results on March 8, 2022

SANTA MONICA, Calif.--(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 r...

Ontrak Declares Quarterly Dividend on 9.50% Non-Convertible Series A Preferred Stock

SANTA MONICA, Calif.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (NASDAQ: OTRKP) (“Ontrak” or the “Company”) today announced that its Board of Directors has declared the sixth quarterly cash dividend ...

Ontrak Announces Behavioral Health Industry Leading End To End AI Services Across Entire Care Journey

SANTA MONICA, Calif.--(BUSINESS WIRE)--Ontrak, Inc (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced that its behavioral health ...

Ontrak Signs 3-Year Contract With Largest Employer Customer For Expanded Mental Health & Wellbeing Services

SANTA MONICA, Calif.--(BUSINESS WIRE)--Ontrak, Inc (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced that a 3-year contract has ...

ONTRAK ALERT: Bragar Eagel & Squire, P.C. is Investigating OnTrak, Inc. on Behalf of Long-Term Stockholders and Encou...

NEW YORK--(BUSINESS WIRE)-- #Ontrak--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ontrak, Inc. (NASDAQ: OTRK) on behalf of ...

Why Are Ontrak Shares Soaring Today?

Ontrak Inc (NASDAQ: OTRK) said it is active in discussions with three national health plans in the country. It is exchanging data and creating financial models for four employer organizations and multip...

Ontrak Announces 2021 Third Quarter Financial Results

SANTA MONICA, Calif.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled, virtualized healthcare company, today reported its financial ...

Ontrak to Present at the Credit Suisse 30th Annual Virtual Healthcare Conference

SANTA MONICA, Calif.--(BUSINESS WIRE)--Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the company will be partic...

Ontrak to Report 2021 Third Quarter Financial Results on November 4, 2021

SANTA MONICA, Calif.--(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 re...

Ontrak Names Dr. Robert Accordino Chief Medical Officer

SANTA MONICA, Calif.--(BUSINESS WIRE)--Ontrak, Inc (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and telehealth-enabled healthcare company, today announced the appointment of Dr. Robe...

Why Ontrak Stock Plunged and Then Recovered Today

Analysts weighed in after the telehealth company lost its biggest customer.

Why Shares of Ontrak Are Plunging Today

Shareholders get deja vu as the company loses another big customer.