NASDAQ:MCLD mCloud Technologies (MCLD) Stock Forecast, Price & News $0.78 +0.11 (+16.42%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$0.65▼$0.8750-Day Range$0.28▼$0.7852-Week Range$0.26▼$3.80Volume737,352 shsAverage Volume457,905 shsMarket Capitalization$12.67 millionP/E RatioN/ADividend YieldN/APrice Target$2.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media mCloud Technologies MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside188.5% Upside$2.25 Price TargetShort InterestHealthy1.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.33Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.60 out of 5 stars 3.0 Analyst's Opinion Consensus RatingmCloud Technologies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.25, mCloud Technologies has a forecasted upside of 188.5% from its current price of $0.78.Amount of Analyst CoveragemCloud Technologies has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.20% of the float of mCloud Technologies has been sold short.Short Interest Ratio / Days to CovermCloud Technologies has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in mCloud Technologies has recently increased by 183.03%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldmCloud Technologies does not currently pay a dividend.Dividend GrowthmCloud Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MCLD. Previous Next 2.4 News and Social Media Coverage News SentimentmCloud Technologies has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for mCloud Technologies this week, compared to 0 articles on an average week.Search Interest6 people have searched for MCLD on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, mCloud Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.56% of the stock of mCloud Technologies is held by insiders.Percentage Held by InstitutionsOnly 1.12% of the stock of mCloud Technologies is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of mCloud Technologies is -7.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of mCloud Technologies is -7.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatiomCloud Technologies has a P/B Ratio of 3.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About mCloud Technologies (NASDAQ:MCLD) StockmCloud is unlocking the untapped potential of energy-intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance. Headquartered in Calgary, Canada with offices worldwide, the mCloud family includes an ecosystem of operating subsidiaries that deliver high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare. With over 100 blue-chip customers and more than 63,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed.Read More Receive MCLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for mCloud Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MCLD Stock News HeadlinesMay 27, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp WT up on Thursday (MCLD-WT)May 11, 2023 | theglobeandmail.commCloud Technologies: Bottom 25 Performing Stocks Year-to-Date on TSX-V (MCLD)June 1, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 8, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp up on Monday (MCLD)April 29, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp WT flat on Thursday (MCLD-WT)April 27, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp up on Wednesday (MCLD)April 24, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp WT up on Monday (MCLD-WT)April 21, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp down on Thursday (MCLD)June 1, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...April 19, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp WT flat on Friday (MCLD-WT)April 13, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp WT flat on Tuesday (MCLD-WT)April 13, 2023 | americanbankingnews.comDropbox (NASDAQ:DBX) versus mCloud Technologies (NASDAQ:MCLD) Head-To-Head ComparisonApril 12, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp WT down on Monday (MCLD-WT)April 8, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp flat on Thursday (MCLD)April 6, 2023 | theglobeandmail.comClosing Bell: Mcloud Technologies Corp WT down on Wednesday (MCLD-WT)April 1, 2023 | marketwatch.commCloud Technologies Shares Dive 34% After Disclosing Potential RestructuringMarch 31, 2023 | americanbankingnews.commCloud Technologies (NASDAQ:MCLD) Lowered to "Hold" at Maxim GroupMarch 30, 2023 | msn.comWhy Bed Bath & Beyond Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Thursday's Mid-Day SessionMarch 13, 2023 | reuters.commCloud Technologies CorpFebruary 1, 2023 | finance.yahoo.commCloud Showcases Hyperscale Solution on Google Cloud to Eliminate Methane Emissions at LEAP 2023 in Saudi ArabiaJanuary 25, 2023 | msn.comOfficers struck by gunfire in McLeod County, authorities reportJanuary 25, 2023 | dailymail.co.ukMum, 29, who breastfeeds her five-year-old son is accused of being 'an abuser' and 'disgusting' by cruel trolls online - but she hits back and has no plans to stopDecember 22, 2022 | finance.yahoo.commCloud Announces Launch of Public Offering of 9.0% Series A Cumulative Perpetual Preferred Shares and WarrantsNovember 18, 2022 | ca.finance.yahoo.commCloud Technologies Corp. (MCLD.V)November 14, 2022 | finance.yahoo.commCloud Adds Global Sustainability and Saudi Vision 2030 Leader Dina Alnahdy to Board of DirectorsNovember 10, 2022 | finance.yahoo.commCloud Announces Upsize of Common Share Offering to $18 Million with Strategic InvestorsNovember 1, 2022 | prnewswire.commCloud Receives Nasdaq Notification Regarding Market Value of Listed SecuritiesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MCLD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for mCloud Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address MCLD Company Calendar Today6/01/2023Next Earnings (Estimated)6/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:MCLD CUSIPN/A CIK1756499 Webwww.mcloudcorp.com Phone(866) 420-1781FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$2.25 High Stock Price Forecast$2.50 Low Stock Price Forecast$2.00 Forecasted Upside/Downside+188.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-35,370,000.00 Net Margins-1.66% Pretax Margin-339.35% Return on EquityN/A Return on Assets-14.38% Debt Debt-to-Equity RatioN/A Current Ratio0.14 Quick Ratio0.14 Sales & Book Value Annual Sales$20.42 million Price / Sales0.62 Cash FlowN/A Price / Cash FlowN/A Book Value$0.21 per share Price / Book3.71Miscellaneous Outstanding Shares16,240,000Free Float15,664,000Market Cap$12.67 million OptionableNot Optionable Beta0.85 Key ExecutivesRussel H. McMeekinPresident, CEO & Non-Independent DirectorArnel Lamco SantosChief Operating Officer & Executive Vice PresidentChantal SchutzChief Financial Officer & Executive Vice PresidentJames ChristianChief Product & Technology OfficerBarry PoChief Marketing Officer & Executive VPKey CompetitorsAlarum TechnologiesNASDAQ:ALARAdvanced Health IntelligenceNASDAQ:AHIAsset EntitiesNASDAQ:ASSTForesight AutonomousNASDAQ:FRSXiClick Interactive Asia GroupNASDAQ:ICLKView All Competitors MCLD Stock - Frequently Asked Questions Should I buy or sell mCloud Technologies stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for mCloud Technologies in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MCLD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MCLD, but not buy additional shares or sell existing shares. View MCLD analyst ratings or view top-rated stocks. What is mCloud Technologies' stock price forecast for 2023? 2 equities research analysts have issued 1-year target prices for mCloud Technologies' shares. Their MCLD share price forecasts range from $2.00 to $2.50. On average, they predict the company's share price to reach $2.25 in the next year. This suggests a possible upside of 188.5% from the stock's current price. View analysts price targets for MCLD or view top-rated stocks among Wall Street analysts. How have MCLD shares performed in 2023? mCloud Technologies' stock was trading at $0.8832 at the beginning of the year. Since then, MCLD stock has decreased by 11.7% and is now trading at $0.78. View the best growth stocks for 2023 here. Are investors shorting mCloud Technologies? mCloud Technologies saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 185,100 shares, an increase of 183.0% from the April 30th total of 65,400 shares. Based on an average daily trading volume, of 567,100 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.2% of the company's stock are sold short. View mCloud Technologies' Short Interest. When is mCloud Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 5th 2023. View our MCLD earnings forecast. What is mCloud Technologies' stock symbol? mCloud Technologies trades on the NASDAQ under the ticker symbol "MCLD." How do I buy shares of mCloud Technologies? Shares of MCLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is mCloud Technologies' stock price today? One share of MCLD stock can currently be purchased for approximately $0.78. How much money does mCloud Technologies make? mCloud Technologies (NASDAQ:MCLD) has a market capitalization of $12.67 million and generates $20.42 million in revenue each year. The company earns $-35,370,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis. How can I contact mCloud Technologies? The official website for the company is www.mcloudcorp.com. The company can be reached via phone at (866) 420-1781. This page (NASDAQ:MCLD) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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