NASDAQ:MTBC - CareCloud Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $16.50
  • Forecasted Upside: 103.45 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$8.11
▲ +0.16 (2.01%)

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Analyst Price Target for MTBC

Analyst Price Target is $16.50
▲ +103.45% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for CareCloud in the last 3 months. The average price target is $16.50, with a high forecast of $20.00 and a low forecast of $13.50. The average price target represents a 103.45% upside from the last price of $8.11.

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

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Current Consensus is Buy

The current consensus among 5 contributing investment analysts is to buy stock in CareCloud. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/3/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/3/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/1/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/30/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/28/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/27/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/11/2021Cantor FitzgeraldInitiated CoverageOverweight$15.00High
5/17/2021B. RileyReiterated RatingBuy$20.00Low
1/28/2021Maxim GroupInitiated CoverageBuy$20.00High
8/18/2020HC WainwrightBoost Price TargetBuy$10.00 ➝ $14.00Medium
8/14/2020Colliers SecuritiesBoost Price TargetBuy$12.50 ➝ $13.50Low
8/10/2020B. RileyBoost Price TargetBuy ➝ Buy$8.50 ➝ $15.50High
7/27/2020LADENBURG THALM/SH SHBoost Price TargetBuy ➝ Buy$10.05High
7/22/2020HC WainwrightBoost Price TargetBuy ➝ Buy$10.00 ➝ $10.95Medium
7/21/2020BenchmarkReiterated RatingBuy$15.00High
7/10/2020BenchmarkInitiated CoverageBuy$15.00Low
7/8/2020Colliers SecuritiesSet Price TargetBuy$12.50High
7/2/2020Roth CapitalInitiated CoverageBuyHigh
6/22/2020HC WainwrightUpgradeNeutral ➝ Buy$10.00High
6/18/2020B. RileyReiterated RatingBuy$8.50High
6/2/2020LADENBURG THALM/SH SHInitiated CoverageBuyHigh
5/15/2020HC WainwrightReiterated RatingNeutral ➝ Neutral$6.00 ➝ $6.40Low
5/15/2020Dougherty & CoReiterated RatingBuy ➝ Buy$7.50Low
5/15/2020B. RileyBoost Price TargetBuy$8.00 ➝ $8.50Low
5/14/2020National SecuritiesReiterated RatingBuy$8.00Medium
3/2/2020HC WainwrightDowngradeBuy ➝ Neutral$6.00High
1/9/2020B. RileyReiterated RatingBuy$6.25Low
12/13/2019B. RileyReiterated RatingBuy$6.25Medium
12/3/2019B. RileyInitiated CoverageBuy$6.25High
10/15/2019HC WainwrightReiterated RatingBuy$6.00Low
10/10/2019National SecuritiesInitiated CoverageBuy$6.00 ➝ $6.00Medium
5/9/2019HC WainwrightReiterated RatingBuyMedium
4/5/2019HC WainwrightSet Price TargetBuy$6.00Low
3/21/2019HC WainwrightReiterated RatingBuyLow
3/15/2019Dougherty & CoInitiated CoverageBuyMedium
1/23/2019HC WainwrightSet Price TargetBuy$6.00High
11/8/2018HC WainwrightSet Price TargetBuy$6.00Low
8/13/2018HC WainwrightSet Price TargetBuy$6.00Low
7/2/2018HC WainwrightSet Price TargetBuy$6.00Medium
5/16/2018HC WainwrightSet Price TargetBuy$5.00Low
5/5/2018Chardan CapitalReiterated RatingBuy ➝ Buy$2.75High
5/5/2018Summer StreetReiterated RatingBuy ➝ BuyHigh
3/8/2018HC WainwrightReiterated RatingBuy$5.00High
3/2/2018HC WainwrightInitiated CoverageBuy ➝ BuyMedium
11/14/2017Chardan CapitalBoost Price TargetBuy ➝ Buy$2.25 ➝ $2.75N/A
5/15/2017Chardan CapitalBoost Price TargetBuy$1.85 ➝ $2.25Medium
8/14/2016Chardan CapitalReiterated RatingBuyN/A
(Data available from 7/28/2016 forward)
CareCloud logo
CareCloud, Inc. brings disciplined innovation to the business of healthcare. Our suite of technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows, and make better business and care decisions. More than 40,000 providers across the United States count on CareCloud to help them improve patient care while reducing administrative burdens and operating costs. Services and solutions include revenue cycle management (RCM), practice management (PM), electronic health record (EHR), business intelligence, telehealth, and patient experience management (PXM). CareCloud is headquartered in Somerset, NJ.
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Today's Range

Now: $8.11
Low: $7.98
High: $8.11

50 Day Range

MA: $8.35
Low: $7.60
High: $9.00

52 Week Range

Now: $8.11
Low: $7.35
High: $13.40

Volume

201 shs

Average Volume

131,277 shs

Market Capitalization

$116.79 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.9

Frequently Asked Questions

What sell-side analysts currently cover shares of CareCloud?

The following Wall Street sell-side analysts have issued reports on CareCloud in the last twelve months: B. Riley, Cantor Fitzgerald, Colliers Securities, HC Wainwright, Maxim Group, and Zacks Investment Research.
View the latest analyst ratings for MTBC.

What is the current price target for CareCloud?

5 Wall Street analysts have set twelve-month price targets for CareCloud in the last year. Their average twelve-month price target is $16.50, suggesting a possible upside of 107.5%. Maxim Group has the highest price target set, predicting MTBC will reach $20.00 in the next twelve months. Colliers Securities has the lowest price target set, forecasting a price of $13.50 for CareCloud in the next year.
View the latest price targets for MTBC.

What is the current consensus analyst rating for CareCloud?

CareCloud currently has 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MTBC will outperform the market and that investors should add to their positions of CareCloud.
View the latest ratings for MTBC.

What other companies compete with CareCloud?

How do I contact CareCloud's investor relations team?

CareCloud's physical mailing address is 7 CLYDE ROAD, SOMERSET NJ, 08873. The technology company's listed phone number is 732-873-5133. The official website for CareCloud is www.carecloud.com.