CareCloud (CCLD) Stock Forecast, Price Target & Predictions
CCLD Stock Forecast
CareCloud stock forecast is as follows: an average price target of $3.00 (represents a 14.07% upside from CCLD’s last price of $2.63) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
CCLD Price Target
The average price target for CareCloud (CCLD) is $3.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $3.00. This represents a potential 14.07% upside from CCLD's last price of $2.63.
CCLD Analyst Ratings
According to 2 Wall Street analysts, CareCloud's rating consensus is 'Buy'. The analyst rating breakdown for CCLD stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
CareCloud Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 22, 2024 | Allen Klee | Maxim Group | $3.00 | $1.15 | 160.87% | 14.07% |
The latest CareCloud stock forecast, released on Mar 22, 2024 by Allen Klee from Maxim Group, set a price target of $3.00, which represents a 160.87% increase from the stock price at the time of the forecast ($1.15), and a 14.07% increase from CCLD last price ($2.63).
CareCloud Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.00 |
| Last Closing Price | $2.63 | $2.63 | $2.63 |
| Upside/Downside | -100.00% | -100.00% | 14.07% |
In the current month, the average price target of CareCloud stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CareCloud's last price of $2.63. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 27, 2024 | Benchmark | Buy | Buy | Hold |
| May 16, 2024 | Benchmark | Buy | Buy | Hold |
| Mar 22, 2024 | Maxim Group | - | Buy | Upgrade |
CareCloud's last stock rating was published by Benchmark on Aug 27, 2024. The company gave CCLD a "Buy" rating, the same as its previous rate.
CareCloud Financial Forecast
CareCloud Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.00M | $32.53M | $33.72M | $37.23M | $35.34M | $37.46M | $38.30M | $34.06M | $29.77M | $32.04M | $31.64M | $19.58M | $21.87M | $15.76M | $16.85M |
| Avg Forecast | $32.57M | $32.24M | $31.56M | $29.17M | $30.06M | $30.28M | $28.96M | $26.57M | $28.55M | $28.54M | $28.09M | $26.04M | $30.89M | $30.43M | $31.31M | $30.88M | $33.37M | $34.14M | $37.36M | $33.79M | $37.13M | $36.14M | $32.02M | $29.39M | $32.03M | $30.75M | $18.89M | $20.90M | $16.13M | $16.31M |
| High Forecast | $32.57M | $32.24M | $31.56M | $29.17M | $30.06M | $30.28M | $28.96M | $26.57M | $28.55M | $28.54M | $28.09M | $26.04M | $30.89M | $30.43M | $31.31M | $30.88M | $33.37M | $34.14M | $37.36M | $33.79M | $37.13M | $36.14M | $32.02M | $29.39M | $32.03M | $30.75M | $18.89M | $20.90M | $16.13M | $16.31M |
| Low Forecast | $32.57M | $32.24M | $31.56M | $29.17M | $30.06M | $30.28M | $28.96M | $26.57M | $28.55M | $28.54M | $28.09M | $26.04M | $30.89M | $30.43M | $31.31M | $30.88M | $33.37M | $34.14M | $37.36M | $33.79M | $37.13M | $36.14M | $32.02M | $29.39M | $32.03M | $30.75M | $18.89M | $20.90M | $16.13M | $16.31M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.97% | 0.99% | 1.00% | 1.05% | 1.01% | 1.06% | 1.06% | 1.01% | 1.00% | 1.03% | 1.04% | 1.05% | 0.98% | 1.03% |
CareCloud's average Quarter revenue forecast for Jun 23 based on 1 analysts is $31.31M, with a low forecast of $31.31M, and a high forecast of $31.31M. CCLD's average Quarter revenue forecast represents a 4.37% increase compared to the company's last Quarter revenue of $30.00M (Mar 23).
CareCloud EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.29M | $3.68M | $2.81M | $5.78M | $3.94M | $8.09M | $5.46M | $3.56M | $2.08M | $3.42M | $1.55M | $-1.18M | $-552.86K | $2.04M | $725.00K |
| Avg Forecast | $2.75M | $2.72M | $2.66M | $2.46M | $2.54M | $2.56M | $2.44M | $2.24M | $2.41M | $2.41M | $2.37M | $2.20M | $2.61M | $2.57M | $2.64M | $2.61M | $2.82M | $2.88M | $3.15M | $2.85M | $3.13M | $3.05M | $2.70M | $2.48M | $2.70M | $2.60M | $1.59M | $1.76M | $1.36M | $1.38M |
| High Forecast | $2.75M | $2.72M | $2.66M | $2.46M | $2.54M | $2.56M | $2.44M | $2.24M | $2.41M | $2.41M | $2.37M | $2.20M | $2.61M | $2.57M | $2.64M | $2.61M | $2.82M | $2.88M | $3.15M | $2.85M | $3.13M | $3.05M | $2.70M | $2.48M | $2.70M | $2.60M | $1.59M | $1.76M | $1.36M | $1.38M |
| Low Forecast | $2.75M | $2.72M | $2.66M | $2.46M | $2.54M | $2.56M | $2.44M | $2.24M | $2.41M | $2.41M | $2.37M | $2.20M | $2.61M | $2.57M | $2.64M | $2.61M | $2.82M | $2.88M | $3.15M | $2.85M | $3.13M | $3.05M | $2.70M | $2.48M | $2.70M | $2.60M | $1.59M | $1.76M | $1.36M | $1.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.31% | 0.98% | 1.83% | 1.38% | 2.58% | 1.79% | 1.32% | 0.84% | 1.26% | 0.60% | -0.74% | -0.31% | 1.50% | 0.53% |
1 analysts predict CCLD's average Quarter EBITDA for Jun 23 to be $2.64M, with a high of $2.64M and a low of $2.64M. This is -19.61% lower than CareCloud's previous annual EBITDA (Mar 23) of $3.29M.
CareCloud Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-401.00K | $499.00K | $1.06M | $2.74M | $1.14M | $3.52M | $1.50M | $-227.00K | $-1.96M | $154.87K | $-1.67M | $-4.79M | $-2.50M | $332.41K | $-137.54K |
| Avg Forecast | $-2.45M | $-2.38M | $-2.44M | $-2.68M | $-1.64M | $-1.50M | $-1.92M | $-3.48M | $-2.35M | $-2.20M | $-483.97K | $-4.68M | $-5.54M | $-5.36M | $-4.42M | $-4.79M | $-3.45M | $-2.98M | $-2.46M | $-3.83M | $-2.74M | $-2.80M | $-4.45M | $-6.16M | $-5.23M | $-7.84M | $-11.15M | $-10.29M | $-1.19M | $-2.26M |
| High Forecast | $-2.45M | $-2.38M | $-2.44M | $-2.68M | $-1.64M | $-1.50M | $-1.92M | $-3.48M | $-2.35M | $-2.20M | $-483.97K | $-4.68M | $-5.54M | $-5.36M | $-4.42M | $-4.79M | $-3.45M | $-2.98M | $-2.46M | $-3.83M | $-2.74M | $-2.80M | $-4.45M | $-6.16M | $-5.23M | $-7.84M | $-11.15M | $-10.29M | $-1.19M | $-2.26M |
| Low Forecast | $-2.45M | $-2.38M | $-2.44M | $-2.68M | $-1.64M | $-1.50M | $-1.92M | $-3.48M | $-2.35M | $-2.20M | $-483.97K | $-4.68M | $-5.54M | $-5.36M | $-4.42M | $-4.79M | $-3.45M | $-2.98M | $-2.46M | $-3.83M | $-2.74M | $-2.80M | $-4.45M | $-6.16M | $-5.23M | $-7.84M | $-11.15M | $-10.29M | $-1.19M | $-2.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | -0.14% | -0.35% | -1.11% | -0.30% | -1.28% | -0.54% | 0.05% | 0.32% | -0.03% | 0.21% | 0.43% | 0.24% | -0.28% | 0.06% |
CareCloud's average Quarter net income forecast for Mar 23 is $-4.79M, with a range of $-4.79M to $-4.79M. CCLD's average Quarter net income forecast represents a -1059.12% decrease compared to the company's last Quarter net income of $499.00K (Dec 22).
CareCloud SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.73M | $7.82M | $9.00M | $8.82M | $7.97M | $8.78M | $8.30M | $8.47M | $7.51M | $7.44M | $7.76M | $7.02M | $7.17M | $4.58M | $4.80M |
| Avg Forecast | $8.62M | $8.53M | $8.35M | $7.72M | $7.96M | $8.01M | $7.67M | $7.03M | $7.56M | $7.55M | $7.44M | $6.89M | $8.18M | $8.05M | $8.29M | $8.17M | $8.83M | $9.04M | $9.89M | $8.94M | $9.83M | $9.57M | $8.48M | $7.78M | $8.48M | $8.14M | $5.00M | $5.53M | $4.27M | $4.32M |
| High Forecast | $8.62M | $8.53M | $8.35M | $7.72M | $7.96M | $8.01M | $7.67M | $7.03M | $7.56M | $7.55M | $7.44M | $6.89M | $8.18M | $8.05M | $8.29M | $8.17M | $8.83M | $9.04M | $9.89M | $8.94M | $9.83M | $9.57M | $8.48M | $7.78M | $8.48M | $8.14M | $5.00M | $5.53M | $4.27M | $4.32M |
| Low Forecast | $8.62M | $8.53M | $8.35M | $7.72M | $7.96M | $8.01M | $7.67M | $7.03M | $7.56M | $7.55M | $7.44M | $6.89M | $8.18M | $8.05M | $8.29M | $8.17M | $8.83M | $9.04M | $9.89M | $8.94M | $9.83M | $9.57M | $8.48M | $7.78M | $8.48M | $8.14M | $5.00M | $5.53M | $4.27M | $4.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.88% | 1.00% | 0.89% | 0.89% | 0.89% | 0.87% | 1.00% | 0.97% | 0.88% | 0.95% | 1.40% | 1.30% | 1.07% | 1.11% |
CareCloud's average Quarter SG&A projection for Jun 23 is $8.29M, based on 1 Wall Street analysts, with a range of $8.29M to $8.29M. The forecast indicates a 7.19% rise compared to CCLD last annual SG&A of $7.73M (Mar 23).
CareCloud EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.03 | $-0.22 | $-0.18 | $-0.07 | $-0.19 | $0.24 | $-0.15 | $-0.27 | $-0.14 | $0.01 | $-0.13 | $-0.39 | $-0.20 | $0.03 | $-0.14 |
| Avg Forecast | $-0.15 | $-0.15 | $-0.15 | $-0.17 | $-0.10 | $-0.09 | $-0.12 | $-0.22 | $-0.15 | $-0.14 | $-0.03 | $-0.29 | $-0.34 | $-0.33 | $-0.27 | $-0.30 | $-0.21 | $-0.18 | $-0.15 | $-0.24 | $-0.17 | $-0.17 | $-0.28 | $-0.38 | $-0.32 | $-0.49 | $-0.69 | $-0.64 | $-0.07 | $-0.14 |
| High Forecast | $-0.15 | $-0.15 | $-0.15 | $-0.17 | $-0.10 | $-0.09 | $-0.12 | $-0.22 | $-0.15 | $-0.14 | $-0.03 | $-0.29 | $-0.34 | $-0.33 | $-0.27 | $-0.30 | $-0.21 | $-0.18 | $-0.15 | $-0.24 | $-0.17 | $-0.17 | $-0.28 | $-0.38 | $-0.32 | $-0.49 | $-0.69 | $-0.64 | $-0.07 | $-0.14 |
| Low Forecast | $-0.15 | $-0.15 | $-0.15 | $-0.17 | $-0.10 | $-0.09 | $-0.12 | $-0.22 | $-0.15 | $-0.14 | $-0.03 | $-0.29 | $-0.34 | $-0.33 | $-0.27 | $-0.30 | $-0.21 | $-0.18 | $-0.15 | $-0.24 | $-0.17 | $-0.17 | $-0.28 | $-0.38 | $-0.32 | $-0.49 | $-0.69 | $-0.64 | $-0.07 | $-0.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.09% | 1.03% | 0.97% | 0.46% | 0.80% | -1.41% | 0.87% | 0.98% | 0.37% | -0.04% | 0.27% | 0.56% | 0.31% | -0.37% | 1.00% |
According to 1 Wall Street analysts, CareCloud's projected average Quarter EPS for Mar 22 is $-0.24, with a low estimate of $-0.24 and a high estimate of $-0.24. This represents a -198.96% decrease compared to CCLD previous annual EPS of $0.24 (Dec 21).
CCLD Forecast FAQ
Is CareCloud a good buy?
Yes, according to 2 Wall Street analysts, CareCloud (CCLD) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of CCLD's total ratings.
What is CCLD's price target?
CareCloud (CCLD) average price target is $3 with a range of $3 to $3, implying a 14.07% from its last price of $2.63. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will CareCloud stock go up soon?
According to Wall Street analysts' prediction for CCLD stock, the company can go up by 14.07% (from the last price of $2.63 to the average price target of $3), up by 14.07% based on the highest stock price target, and up by 14.07% based on the lowest stock price target.
Can CareCloud stock reach $4?
CCLD's average twelve months analyst stock price target of $3 does not support the claim that CareCloud can reach $4 in the near future.
What are CareCloud's analysts' financial forecasts?
CareCloud's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $115.87M (high $115.87M, low $115.87M), average EBITDA is $9.78M (high $9.78M, low $9.78M), average net income is $-8.539M (high $-8.539M, low $-8.539M), average SG&A $30.67M (high $30.67M, low $30.67M), and average EPS is $-0.529 (high $-0.529, low $-0.529). CCLD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $125.54M (high $125.54M, low $125.54M), average EBITDA is $10.6M (high $10.6M, low $10.6M), average net income is $-9.956M (high $-9.956M, low $-9.956M), average SG&A $33.23M (high $33.23M, low $33.23M), and average EPS is $-0.617 (high $-0.617, low $-0.617).
Did the CCLD's actual financial results beat the analysts' financial forecasts?
Based on CareCloud's last annual report (Dec 2022), the company's revenue was $138.83M, beating the average analysts forecast of $138.67M by 0.11%. Apple's EBITDA was $19.67M, beating the average prediction of $11.71M by 68.01%. The company's net income was $5.43M, missing the average estimation of $-12.728M by -142.68%. Apple's SG&A was $33.61M, missing the average forecast of $36.7M by -8.44%. Lastly, the company's EPS was $-0.67, missing the average prediction of $-0.789 by -15.08%. In terms of the last quarterly report (Mar 2023), CareCloud's revenue was $30M, missing the average analysts' forecast of $30.88M by -2.84%. The company's EBITDA was $3.29M, beating the average prediction of $2.61M by 26.15%. CareCloud's net income was $-401K, missing the average estimation of $-4.786M by -91.62%. The company's SG&A was $7.73M, missing the average forecast of $8.17M by -5.40%. Lastly, the company's EPS was $-0.026, missing the average prediction of $-0.297 by -91.24%