CareCloud (CCLD) Stock Forecast, Price Target & Predictions

OverviewRevenue Financials Chart Transcripts

CCLD Stock Forecast

CareCloud stock forecast is as follows: an average price target of $3.00 (represents a -11.76% downside from CCLD’s last price of $3.40) 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 -11.76% downside from CCLD's last price of $3.40.

CCLD Analyst Ratings

Buy

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%	-11.76%

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 -11.76% decrease from CCLD last price ($3.40).

CareCloud Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$3.00
Last Closing Price	$3.40	$3.40	$3.40
Upside/Downside	-100.00%	-100.00%	-11.76%

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 $3.40. 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	$29.70M	$30.20M	$29.45M	$26.75M	$28.52M	$28.75M	$28.23M	$25.88M	$28.02M	$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	$30.44M	$30.95M	$30.18M	$27.42M	$29.24M	$29.47M	$28.93M	$26.52M	$28.72M	$29.67M	$28.09M	$26.04M	$31.66M	$30.43M	$32.09M	$31.65M	$34.21M	$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	$28.69M	$29.17M	$28.45M	$25.84M	$27.55M	$27.77M	$27.26M	$24.99M	$27.07M	$27.41M	$28.09M	$26.04M	$29.83M	$30.43M	$30.24M	$29.82M	$32.24M	$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	2	2	1	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 $30.24M, and a high forecast of $32.09M. 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	2	2	1	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	$676.58K	$687.97K	$670.89K	$609.38K	$649.82K	$654.94K	$642.98K	$589.45K	$638.42K	$650.06K	$639.99K	$593.16K	$703.64K	$693.15K	$713.31K	$703.41K	$760.28K	$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	$693.44K	$705.11K	$687.60K	$624.56K	$666.00K	$671.26K	$659.00K	$604.13K	$654.33K	$675.80K	$639.99K	$593.16K	$721.17K	$693.16K	$731.08K	$720.93K	$779.22K	$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	$653.51K	$664.51K	$648.01K	$588.60K	$627.66K	$632.61K	$621.06K	$569.35K	$616.66K	$624.31K	$639.99K	$593.16K	$679.65K	$693.15K	$688.99K	$679.43K	$734.35K	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4.67%	4.84%	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 $713.31K, with a high of $731.08K and a low of $688.99K. This is -78.31% 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	2	2	1	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	$-1.30M	$-1.13M	$-1.13M	$-1.46M	$-566.84K	$-607.33K	$-769.28K	$-2.11M	$-1.01M	$-2.21M	$-485.86K	$-4.70M	$-5.56M	$-5.38M	$-4.44M	$-4.80M	$-3.47M	$-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	$-1.24M	$-1.08M	$-1.08M	$-1.39M	$-541.71K	$-580.40K	$-735.18K	$-2.01M	$-967.34K	$-2.11M	$-464.32K	$-4.49M	$-5.31M	$-5.14M	$-4.24M	$-4.59M	$-3.31M	$-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	$-1.34M	$-1.17M	$-1.17M	$-1.50M	$-585.19K	$-626.99K	$-794.19K	$-2.17M	$-1.04M	$-2.28M	$-501.60K	$-4.85M	$-5.74M	$-5.55M	$-4.58M	$-4.96M	$-3.58M	$-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 $-4.80M, with a range of $-4.96M to $-4.59M. CCLD's average Quarter net income forecast represents a -1062.86% 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	2	2	1	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	$7.88M	$8.01M	$7.81M	$7.09M	$7.56M	$7.62M	$7.48M	$6.86M	$7.43M	$7.57M	$7.45M	$6.90M	$8.19M	$8.07M	$8.30M	$8.19M	$8.85M	$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	$8.07M	$8.21M	$8.00M	$7.27M	$7.75M	$7.81M	$7.67M	$7.03M	$7.62M	$7.87M	$7.45M	$6.90M	$8.39M	$8.07M	$8.51M	$8.39M	$9.07M	$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	$7.61M	$7.74M	$7.54M	$6.85M	$7.31M	$7.36M	$7.23M	$6.63M	$7.18M	$7.27M	$7.45M	$6.90M	$7.91M	$8.07M	$8.02M	$7.91M	$8.55M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.94%	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 $8.30M, based on 1 Wall Street analysts, with a range of $8.02M to $8.51M. The forecast indicates a 7.39% 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	2	2	1	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	$-0.08	$-0.07	$-0.07	$-0.09	$-0.04	$-0.04	$-0.05	$-0.13	$-0.06	$-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	$-0.08	$-0.07	$-0.07	$-0.09	$-0.03	$-0.04	$-0.05	$-0.12	$-0.06	$-0.13	$-0.03	$-0.28	$-0.33	$-0.32	$-0.26	$-0.28	$-0.20	$-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	$-0.08	$-0.07	$-0.07	$-0.09	$-0.04	$-0.04	$-0.05	$-0.13	$-0.06	$-0.14	$-0.03	$-0.30	$-0.35	$-0.34	$-0.28	$-0.31	$-0.22	$-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).

CareCloud Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
EVH	Evolent Health	$10.87	$33.00	203.59%	Buy
FORA	Forian	$2.04	$4.50	120.59%	Buy
PRVA	Privia Health Group	$20.79	$23.00	10.63%	Buy
HSTM	HealthStream	$31.97	$29.00	-9.29%	Buy
CCLD	CareCloud	$3.51	$3.00	-14.53%	Buy

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 -11.76% from its last price of $3.4. 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 down by -11.76% (from the last price of $3.4 to the average price target of $3), down by -11.76% based on the highest stock price target, and down by -11.76% based on the lowest stock price target.

Can CareCloud stock reach $5?

CCLD's average twelve months analyst stock price target of $3 does not support the claim that CareCloud can reach $5 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 $111.38M (high $114.15M, low $107.58M), average EBITDA is $2.54M (high $2.6M, low $2.45M), average net income is $-4.049M (high $-3.869M, low $-4.18M), average SG&A $29.53M (high $30.27M, low $28.53M), and average EPS is $-0.25 (high $-0.239, low $-0.258). CCLD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $116.1M (high $118.99M, low $112.14M), average EBITDA is $2.64M (high $2.71M, low $2.55M), average net income is $-5.021M (high $-4.798M, low $-5.183M), average SG&A $30.79M (high $31.55M, low $29.74M), and average EPS is $-0.31 (high $-0.296, low $-0.32).

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 $9.65M by 103.82%. The company's net income was $5.43M, missing the average estimation of $-12.742M by -142.63%. Apple's SG&A was $33.61M, missing the average forecast of $36.72M by -8.48%. 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 $703.41K by 367.44%. CareCloud's net income was $-401K, missing the average estimation of $-4.805M by -91.65%. The company's SG&A was $7.73M, missing the average forecast of $8.19M by -5.57%. Lastly, the company's EPS was $-0.026, missing the average prediction of $-0.297 by -91.24%