CareCloud (NASDAQ:CCLD) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded CareCloud from “hold” to “buy,” although Weiss Ratings maintained a “hold (c-)” rating. The stock’s overall analyst consensus remains “Hold,” with a $3.25 target price.
• CareCloud reported quarterly earnings of $0.06 per share, beating estimates of $0.02, while revenue of $31.88 million was broadly in line with expectations. The company issued fiscal 2026 EPS guidance of $0.20–$0.23.
• CCLD opened at $2.63, with a market capitalization of approximately $111.75 million and a 52-week trading range of $2.03 to $4.01. Institutional investors own about 10.16% of the company.

CareCloud (NASDAQ:CCLD - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of CareCloud in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $3.25.

CareCloud Price Performance

NASDAQ:CCLD opened at $2.63 on Friday. The firm has a market capitalization of $111.75 million, a price-to-earnings ratio of 37.57 and a beta of 1.51. The business has a 50 day simple moving average of $2.30 and a 200-day simple moving average of $2.62. CareCloud has a 1 year low of $2.03 and a 1 year high of $4.01.

CareCloud (NASDAQ:CCLD - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. CareCloud had a return on equity of 22.31% and a net margin of 6.21%.The firm had revenue of $31.88 million for the quarter, compared to the consensus estimate of $31.85 million. CareCloud has set its FY 2026 guidance at 0.200-0.230 EPS. As a group, analysts expect that CareCloud will post 0.36 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CCLD. HRT Financial LP bought a new position in shares of CareCloud during the fourth quarter valued at approximately $43,000. Centiva Capital LP bought a new stake in shares of CareCloud during the 3rd quarter worth approximately $47,000. Militia Capital Management LLC bought a new stake in shares of CareCloud during the 1st quarter worth approximately $54,000. American Century Companies Inc. purchased a new position in CareCloud during the 2nd quarter valued at $78,000. Finally, Man Group plc purchased a new position in CareCloud during the 4th quarter valued at $84,000. Hedge funds and other institutional investors own 10.16% of the company's stock.

About CareCloud

CareCloud, Inc is a healthcare technology company that provides cloud-based practice management, electronic health record (EHR) and revenue cycle management (RCM) solutions to medical practices and health systems. Its flagship offering, the CareCloud Central platform, combines clinical, financial and administrative workflows into a single, unified system. The platform includes modules for scheduling, billing, coding, patient engagement and telehealth, enabling practices to streamline front- and back-office operations and improve overall practice performance.

Founded in 2009 and headquartered in Miami Beach, Florida, CareCloud serves small to mid-size physician groups and specialty clinics across the United States.

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