
CareCloud Inc (CCLD) Stock Forecast & Price Target
CareCloud Inc (CCLD) Analyst Ratings
Bulls say
CareCloud Inc has shown significant improvements in profitability, with Adjusted EBITDA more than doubling year-over-year and free cash flow increasing by 405% to $5.4 million, allowing the company to eliminate its remaining debt. The company has successfully tripled its revenues from $32 million in 2017 to $104 million in 2023, supported by a steady acquisition strategy and a growing workforce of over 3,000 employees. Furthermore, CareCloud is on track to achieve substantial cost reductions of approximately $26 million annually, which will position it for continued growth and operational efficiency moving forward.
Bears say
CareCloud Inc. reported a sequential revenue decline of 1% in the fourth quarter of 2024, deviating from historical seasonal growth patterns and missing revenue forecasts, indicating a period of underperformance. The company continues to struggle with negative operating earnings, which could restrict its capacity for sustainable organic growth, prompting a cautious outlook for 2025 with projected revenue growth now reduced to just 1.3%. Additionally, the company's significant equity dilution further undermines the value of its shares, leading to a reevaluation of its financial health and future prospects.
This aggregate rating is based on analysts' research of CareCloud Inc and is not a guaranteed prediction by Public.com or investment advice.
CareCloud Inc (CCLD) Analyst Forecast & Price Prediction
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