Is Carecloud Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: CCLD) stock is to Strong Buy CCLD stock.
Out of 2 analysts, 2 (100%) are recommending CCLD as a Strong Buy, 0 (0%) are recommending CCLD as a Buy, 0 (0%) are recommending CCLD as a Hold, 0 (0%) are recommending CCLD as a Sell, and 0 (0%) are recommending CCLD as a Strong Sell.
What is CCLD's revenue growth forecast for 2024-2024?
(NASDAQ: CCLD) Carecloud's forecast annual revenue growth rate of N/A is not forecast to beat the US Health Information Services industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Carecloud's revenue in 2024 is $117,059,000.
In 2024, CCLD is forecast to generate $1,902,465,611 in revenue, with the lowest revenue forecast at $1,902,465,611 and the highest revenue forecast at $1,902,465,611.
What is CCLD's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: CCLD) forecast ROA is -3.52%, which is lower than the forecast US Health Information Services industry average of 3.05%.
What is CCLD's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CCLD price target, the average CCLD price target is $3.25, with the highest CCLD stock price forecast at $3.50 and the lowest CCLD stock price forecast at $3.00.
On average, Wall Street analysts predict that Carecloud's share price could reach $3.25 by Mar 25, 2025. The average Carecloud stock price prediction forecasts a potential upside of 180.17% from the current CCLD share price of $1.16.
What is CCLD's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: CCLD) forecast ROE is -6.57%, which is considered weak.
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