CareCloud Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareCloud in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CareCloud stock.
View analyst ratings for CareCloud or view top-rated stocks.

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CareCloud is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for CareCloud.

CareCloud will be holding an earnings conference call on Thursday, August 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "3169990".

CareCloud, Inc. (NASDAQ:MTBC) announced its quarterly earnings data on Thursday, May, 6th. The technology company reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.03. The technology company had revenue of $29.77 million for the quarter, compared to analyst estimates of $30.17 million. CareCloud had a negative net margin of 7.33% and a negative trailing twelve-month return on equity of 8.57%.
View CareCloud's earnings history.

CareCloud's stock was trading at $5.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MTBC stock has increased by 60.6% and is now trading at $8.53.
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CareCloud updated its FY 2021 earnings guidance on Thursday, May, 27th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $133 million-$137 million, compared to the consensus revenue estimate of $134.54 million.

5 Wall Street analysts have issued 1-year price targets for CareCloud's shares. Their forecasts range from $13.50 to $20.00. On average, they expect CareCloud's share price to reach $16.50 in the next twelve months. This suggests a possible upside of 93.4% from the stock's current price.
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71 employees have rated CareCloud CEO Mahmud Haq on Glassdoor.com. Mahmud Haq has an approval rating of 47% among CareCloud's employees. This puts Mahmud Haq in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to CareCloud include iClick Interactive Asia Group (ICLK), Apex Technology Acquisition (APXT), AvePoint (AVPT), Benefitfocus (BNFT), Silver Spike Acquisition (SSPK), DIRTT Environmental Solutions (DRTT), eGain (EGAN), WiMi Hologram Cloud (WIMI), MiX Telematics (MIXT), Advant-e (ADVC), Red Violet (RDVT), Intelligent Systems (INS), Cheetah Mobile (CMCM), Smith Micro Software (SMSI) and Inspired Entertainment (INSE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other CareCloud investors own include NVIDIA (NVDA), Inseego (INSG), JD.com (JD), Marvell Technology (MRVL), Niu Technologies (NIU), Bilibili (BILI), Alibaba Group (BABA), Baidu (BIDU), BioXcel Therapeutics (BTAI) and Baozun (BZUN).

CareCloud trades on the NASDAQ under the ticker symbol "MTBC."

CareCloud's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Advisor Group Holdings Inc. (0.83%) and We Are One Seven LLC (0.09%). Company insiders that own CareCloud stock include A Hadi Chaudhry, Anne Busquet, Bill Korn, Cameron Munter, John N Daly, Kimberly J Blanche, Kimberly J Grant, Mahmud Ul Haq, Shruti H Patel and Stephen Andrew Snyder.
View institutional ownership trends for CareCloud.

MTBC stock was sold by a variety of institutional investors in the last quarter, including We Are One Seven LLC. Company insiders that have sold CareCloud company stock in the last year include A Hadi Chaudhry, Anne Busquet, Bill Korn, John N Daly, Kimberly J Blanche, Mahmud Ul Haq, and Stephen Andrew Snyder.
View insider buying and selling activity for CareCloud or view top insider-selling stocks.

MTBC stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc..
View insider buying and selling activity for CareCloud or or view top insider-buying stocks.

Shares of MTBC 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.
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One share of MTBC stock can currently be purchased for approximately $8.53.

CareCloud has a market capitalization of $122.84 million and generates $105.12 million in revenue each year. The technology company earns $-8,810,000.00 in net income (profit) each year or ($1.79) on an earnings per share basis.

CareCloud employs 3,700 workers across the globe.

The official website for CareCloud is www.carecloud.com.

CareCloud is headquartered at 7 CLYDE ROAD, SOMERSET NJ, 08873.

CareCloud's mailing address is 7 CLYDE ROAD, SOMERSET NJ, 08873. The technology company can be reached via phone at 732-873-5133.