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CareCloud Inc has a consensus price target of $4.8 based on the ratings of 5 analysts. The high is $8.5 issued by EF Hutton on May 5, 2023. The low is $3 issued by Maxim Group on March 22, 2024. The 3 most-recent analyst ratings were released by Benchmark on November 15, 2024, August 27, 2024, and May 16, 2024, respectively. With an average price target of $4.33 between Benchmark, there's an implied 12.26% upside for CareCloud Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CareCloud (NASDAQ:CCLD) was reported by Benchmark on November 15, 2024. The analyst firm set a price target for $4.50 expecting CCLD to rise to within 12 months (a possible 16.58% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for CareCloud (NASDAQ:CCLD) was provided by Benchmark, and CareCloud reiterated their buy rating.
The last upgrade for CareCloud Inc happened on March 22, 2024 when Maxim Group raised their price target to $3. Maxim Group previously had a hold for CareCloud Inc.
The last downgrade for CareCloud Inc happened on August 4, 2023 when Roth MKM changed their price target from $8 to $3 for CareCloud Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CareCloud, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for CareCloud was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest CareCloud (CCLD) rating was a reiterated with a price target of $4.50 to $4.50. The current price CareCloud (CCLD) is trading at is $3.86, which is out of the analyst’s predicted range.
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