• Consensus Rating: Moderate Buy
  • Consensus Price Target: $3.67
  • Forecasted Upside: 48.45%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$2.47
▼ -0.09 (-3.52%)

This chart shows the closing price for CCLD by one month, three months, or twelve months.

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Analyst Price Target for CCLD

Analyst Price Target is $3.67
▲ +48.45% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for CareCloud in the last 3 months. The average price target is $3.67, with a high forecast of $4.50 and a low forecast of $3.00. The average price target represents a 48.45% upside from the last price of $2.47.

This chart shows the closing price for CCLD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 4 investment analysts is to moderate buy stock in CareCloud. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/26/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/24/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/22/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/18/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/17/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/16/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/15/2024BenchmarkReiterated RatingBuy ➝ Buy$4.50 ➝ $4.50
11/13/2024Roth CapitalDowngradeStrong-Buy ➝ Hold
11/13/2024Roth MkmDowngradeBuy ➝ Neutral$5.00 ➝ $3.50
8/27/2024BenchmarkBoost TargetBuy ➝ Buy$4.00 ➝ $4.50
5/16/2024BenchmarkBoost TargetBuy ➝ Buy$3.50 ➝ $4.00
3/25/2024BenchmarkReiterated RatingBuy ➝ Buy$3.50
3/22/2024Maxim GroupUpgradeHold ➝ Buy$3.00
11/16/2023BenchmarkReiterated RatingBuy ➝ Buy$3.50
8/4/2023Maxim GroupLower Target$13.00 ➝ $6.00
8/4/2023Roth MkmReiterated RatingBuy ➝ Neutral$8.00 ➝ $3.00
8/3/2023Roth CapitalDowngradeBuy ➝ Neutral
3/14/2023B. RileyReiterated RatingBuy
3/3/2023HC WainwrightReiterated RatingBuy$5.00
(Data available from 11/17/2019 forward)

News Sentiment Rating

0.18 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/21/2024
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/21/2024
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/20/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/20/2024
  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/19/2024
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/18/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/18/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/17/2024

Current Sentiment

  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

CareCloud logo
CareCloud, Inc., a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company's portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services. Its technology-enabled business solutions comprise revenue cycle management services, healthcare claims clearinghouse, and medical coding and credentialing services; electronic health records, practice management software and related capabilities, patient experience management solutions, business intelligence and healthcare analytics platforms, and customized applications, interfaces, and various other technology solutions, as well as artificial intelligence, such as CareCloud cirrusAI, AI-powered clinical decision support, AI-powered virtual support assistant, AI-driven appeals, and CareCloud cirrusAI. In addition, the company provides chronic care management, remote patient monitoring, and telemedicine solutions; and professional and consulting services, workforce augmentation and on-demand staffing, and strategic advisory services. Further, it offers medical practice management services to medical practices comprising appropriate facilities, equipment, supplies, support services, nurses, and administrative support staff, as well as management, bill-paying, and financial advisory services. It serves physicians, nurses, nurse practitioners, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.
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Today's Range

Now: $2.47
Low: $2.39
High: $2.55

50 Day Range

MA: $2.54
Low: $2.30
High: $3.17

52 Week Range

Now: $2.47
Low: $0.68
High: $3.88

Volume

88,629 shs

Average Volume

569,105 shs

Market Capitalization

$40.11 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.37

Frequently Asked Questions

What sell-side analysts currently cover shares of CareCloud?

The following equities research analysts have issued research reports on CareCloud in the last twelve months: Benchmark Co., Maxim Group, Roth Capital, and Roth Mkm.
View the latest analyst ratings for CCLD.

What is the current price target for CareCloud?

0 Wall Street analysts have set twelve-month price targets for CareCloud in the last year. Their average twelve-month price target is $3.67, suggesting a possible upside of 48.4%. Benchmark Co. has the highest price target set, predicting CCLD will reach $4.50 in the next twelve months. Maxim Group has the lowest price target set, forecasting a price of $3.00 for CareCloud in the next year.
View the latest price targets for CCLD.

What is the current consensus analyst rating for CareCloud?

CareCloud currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for CCLD.

What other companies compete with CareCloud?

Other companies that are similar to CareCloud include Synacor, Silvaco Group, RumbleOn, eGain and SoundThinking. Learn More about companies similar to CareCloud.

How do I contact CareCloud's investor relations team?

CareCloud's physical mailing address is 7 CLYDE ROAD, SOMERSET NJ, 08873. The company's listed phone number is (732) 873-5133 and its investor relations email address is [email protected]. The official website for CareCloud is www.carecloud.com. Learn More about contacing CareCloud investor relations.