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NASDAQ: MTBC
Carecloud Inc Stock Forecast, Predictions & Price Target

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Analyst price target for MTBC

Based on 1 analyst offering 12 month price targets for Carecloud Inc.
Min Forecast
$11.00+227.38%
Avg Forecast
$11.00+227.38%
Max Forecast
$11.00+227.38%

Should I buy or sell MTBC stock?

Based on 1 analyst offering ratings for Carecloud Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MTBC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
B. Riley Securities
Top 17%
84
Strong BuyMaintains$11.00+227.38%2022-03-15

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Forecast return on equity

Is MTBC forecast to generate an efficient return?
Company
-2.52%
Industry
7.96%
Market
51.89%
MTBC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MTBC forecast to generate an efficient return on assets?
Company
-1.97%
Industry
5.33%
MTBC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MTBC earnings per share forecast

What is MTBC's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$0.63
Avg 2 year Forecast
-$0.57
Avg 3 year Forecast
-$0.17

MTBC revenue forecast

What is MTBC's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$141.2M-1.77%
Avg 2 year Forecast
$146.6M+1.97%
MTBC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MTBC revenue growth forecast

How is MTBC forecast to perform vs Health Information Services companies and vs the US market?
Company
0.98%
Industry
13.58%
Market
6.4%
MTBC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MTBC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MTBC vs Health Information Service Stocks

TickerPricePrice TargetUp/downsideConsensus
MTBC$3.36$11.00+227.38%Strong Buy
UPH$0.35$3.17+810.06%Buy
EUDA$2.81N/AN/A
AUGX$1.18N/AN/A
ICAD$1.72$9.75+466.86%Buy

Carecloud Stock Forecast FAQ

Is Carecloud Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MTBC) stock is to Strong Buy MTBC stock.

Out of 1 analyst, 1 (100%) are recommending MTBC as a Strong Buy, 0 (0%) are recommending MTBC as a Buy, 0 (0%) are recommending MTBC as a Hold, 0 (0%) are recommending MTBC as a Sell, and 0 (0%) are recommending MTBC as a Strong Sell.

If you're new to stock investing, here's how to buy Carecloud stock.

What is MTBC's earnings growth forecast for 2022-2024?

(NASDAQ: MTBC) Carecloud's forecast annual earnings growth rate of N/A is not forecast to beat the US Health Information Services industry's average forecast earnings growth rate of 15.83%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.07%.

Carecloud's earnings in 2022 is -$6,851,000.On average, 3 Wall Street analysts forecast MTBC's earnings for 2022 to be -$9,588,731, with the lowest MTBC earnings forecast at -$9,740,933, and the highest MTBC earnings forecast at -$9,436,529. On average, 3 Wall Street analysts forecast MTBC's earnings for 2023 to be -$8,675,519, with the lowest MTBC earnings forecast at -$10,197,539, and the highest MTBC earnings forecast at -$7,457,902.

In 2024, MTBC is forecast to generate -$2,587,435 in earnings, with the lowest earnings forecast at -$2,587,435 and the highest earnings forecast at -$2,587,435.

What is MTBC's revenue growth forecast for 2022-2023?

(NASDAQ: MTBC) Carecloud's forecast annual revenue growth rate of 0.98% is not forecast to beat the US Health Information Services industry's average forecast revenue growth rate of 13.58%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.4%.

Carecloud's revenue in 2022 is $143,754,000.On average, 3 Wall Street analysts forecast MTBC's revenue for 2022 to be $2,149,336,893, with the lowest MTBC revenue forecast at $2,132,351,141, and the highest MTBC revenue forecast at $2,170,858,267.

In 2023, MTBC is forecast to generate $2,230,993,309 in revenue, with the lowest revenue forecast at $2,115,608,912 and the highest revenue forecast at $2,327,535,088.

What is MTBC's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: MTBC) forecast ROA is -1.97%, which is lower than the forecast US Health Information Services industry average of 5.33%.

What is MTBC's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MTBC price target, the average MTBC price target is $11.00, with the highest MTBC stock price forecast at $11.00 and the lowest MTBC stock price forecast at $11.00.

The Wall Street analyst predicted that Carecloud's share price could reach $11.00 by Mar 15, 2023. The average Carecloud stock price prediction forecasts a potential upside of 227.38% from the current MTBC share price of $3.36.

What is MTBC's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: MTBC) Carecloud's current Earnings Per Share (EPS) is -$0.44. On average, analysts forecast that MTBC's EPS will be -$0.63 for 2022, with the lowest EPS forecast at -$0.64, and the highest EPS forecast at -$0.62. On average, analysts forecast that MTBC's EPS will be -$0.57 for 2023, with the lowest EPS forecast at -$0.67, and the highest EPS forecast at -$0.49. In 2024, MTBC's EPS is forecast to hit -$0.17 (min: -$0.17, max: -$0.17).

What is MTBC's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: MTBC) forecast ROE is -2.52%, which is considered weak.
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