12 Month Price Forecast For CCLD
Distance to CCLD Price Forecasts
CCLD Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 4:13 AM UTC
CCLD Analyst Ratings & Price Targets
Based on our analysis of 6 Wall Street analysts, CCLD has a consensus that is bullish. The median price target is $4.85, with forecasts ranging from $3.50 to $6.00. Currently, there are 3 Buy ratings, 1 Hold ratings, and 0 Sell ratings.
With CCLD currently trading at $3.39, the median price forecast suggests a 43.1% upside. The most optimistic forecast comes from at , projecting a 77.0% upside, while Bill Sutherland at Benchmark provides the most conservative target, suggesting a 3.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CCLD Analyst Consensus
CCLD Price Target Range
Latest CCLD Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CCLD.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 15, 2024 | Benchmark | Bill Sutherland | Buy | Reiterates | $4.50 |
| Aug 27, 2024 | Benchmark | Bill Sutherland | Buy | Maintains | $4.50 |
| May 16, 2024 | Benchmark | Bill Sutherland | Buy | Maintains | $4.00 |
| Mar 25, 2024 | Benchmark | Bill Sutherland | Buy | Reiterates | $3.50 |
| Mar 22, 2024 | Maxim Group | Allen Klee | Buy | Upgrade | $3.00 |
| Nov 16, 2023 | Benchmark | Bill Sutherland | Buy | Reiterates | $3.50 |
| Aug 4, 2023 | Roth MKM | Richard Baldry | Neutral | Downgrade | $3.00 |
| May 5, 2023 | EF Hutton | Constantine Davides | Buy | Reiterates | $8.50 |
| Mar 20, 2023 | EF Hutton | Constantine Davides | Buy | Initiates | $8.50 |
| Mar 3, 2023 | HC Wainwright & Co. | Kevin Dede | Buy | Reiterates | $5.00 |
| Dec 13, 2022 | Maxim Group | Buy | Maintains | $0.00 | |
| Mar 15, 2022 | B. Riley Securities | Buy | Maintains | $0.00 | |
| Jun 11, 2021 | Cantor Fitzgerald | Overweight | Initiates | $0.00 |
Stocks Similar to CareCloud, Inc.
The following stocks are similar to CareCloud based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
CareCloud, Inc. (CCLD) Financial Data
CareCloud, Inc. has a market capitalization of $55.60M with a P/E ratio of -0.8x. The company generates $111.75M in trailing twelve-month revenue with a -40.3% profit margin.
Revenue growth is -4.3% quarter-over-quarter, while maintaining an operating margin of +8.5% and return on equity of -65.8%.
Valuation Metrics
Growth & Margins
Financial Health
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CareCloud, Inc. (CCLD) Company Overview
About CareCloud, Inc.
Provides cloud-based healthcare IT solutions.
CareCloud generates revenue by offering a comprehensive suite of cloud-based healthcare IT solutions, including software for electronic health records, revenue cycle management, and telemedicine services. It serves healthcare providers and hospitals, charging for software subscriptions, professional services, and staffing solutions.
Founded in 1999 and headquartered in Somerset, New Jersey, CareCloud operates in two main segments: Healthcare IT and Medical Practice Management. The company also leverages artificial intelligence to enhance its services and provides specialized consulting and advisory services to improve healthcare operations.
Company Information
Sector
Healthcare
Industry
Health Information Services
Employees
3,600
CEO
Mr. A. Hadi Chaudhry
Country
United States
IPO Year
2023
Website
www.carecloud.comCareCloud, Inc. (CCLD) Latest News & Analysis
CareCloud, Inc. announced a leadership realignment effective January 1, 2025, aiming to accelerate technology innovation, revenue growth, and improve client experience.
CareCloud's leadership realignment signals a commitment to innovation and growth, potentially enhancing competitive positioning and impacting future revenue, crucial for stock performance.
CareCloud, Inc. is seeking shareholder approval to increase its authorized shares to support growth initiatives and corporate objectives, as announced on December 9, 2024.
CareCloud's proxy solicitation for an increase in authorized shares signals potential dilution but also suggests strategic growth, impacting shareholder value and future earnings.
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of CareCloud, Inc. (NASDAQ: CCLD)
2 months agoPurcell & Lefkowitz LLP is investigating CareCloud, Inc. (NASDAQ: CCLD) over potential breaches of fiduciary duties by its directors related to recent corporate actions.
The investigation into CareCloud's directors for potential fiduciary breaches could signal governance issues, impacting shareholder confidence and stock performance.
CareCloud, Inc. (CCLD) and Alvotech (ALVO) have shown performance metrics relative to their sector in 2023. Further details on specific performance figures were not provided in the excerpt.
Performance comparison highlights relative strength or weakness of CareCloud and Alvotech, influencing investment decisions and potential portfolio adjustments in their respective sectors.
CareCloud, Inc. (CCLD) reported Q3 earnings of $0.21 per share, below the consensus estimate of $0.22, improving from a loss of $0.42 per share in the same quarter last year.
CareCloud's earnings miss indicates potential challenges in meeting growth expectations, potentially affecting stock performance and investor confidence. However, the year-over-year loss reduction shows improvement.
CareCloud, Inc. (CCLD) reported Q3 earnings of $0.21 per share, below the Zacks Consensus Estimate of $0.22, improving from a loss of $0.42 per share a year prior.
CareCloud's earnings miss may signal operational challenges, impacting investor confidence. However, the year-over-year improvement suggests potential for future growth.
Frequently Asked Questions About CCLD Stock
What is CareCloud, Inc.'s (CCLD) stock forecast for 2025?
Based on our analysis of 6 Wall Street analysts, CareCloud, Inc. (CCLD) has a median price target of $4.85. The highest price target is $6.00 and the lowest is $3.50.
Is CCLD stock a good investment in 2025?
According to current analyst ratings, CCLD has 3 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $3.39. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for CCLD stock?
Wall Street analysts predict CCLD stock could reach $4.85 in the next 12 months. This represents a 43.1% increase from the current price of $3.39. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is CareCloud, Inc.'s business model?
CareCloud generates revenue by offering a comprehensive suite of cloud-based healthcare IT solutions, including software for electronic health records, revenue cycle management, and telemedicine services. It serves healthcare providers and hospitals, charging for software subscriptions, professional services, and staffing solutions.
What is the highest forecasted price for CCLD CareCloud, Inc.?
The highest price target for CCLD is $6.00 from at , which represents a 77.0% increase from the current price of $3.39.
What is the lowest forecasted price for CCLD CareCloud, Inc.?
The lowest price target for CCLD is $3.50 from Bill Sutherland at Benchmark, which represents a 3.2% increase from the current price of $3.39.
What is the overall CCLD consensus from analysts for CareCloud, Inc.?
The overall analyst consensus for CCLD is bullish. Out of 6 Wall Street analysts, 3 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $4.85.
How accurate are CCLD stock price projections?
Stock price projections, including those for CareCloud, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
