CareCloud Stock Gets Increased EPS Estimate from Maxim Group

CareCloud, Inc. (NASDAQ:CCLD) – Equities researchers at Maxim Group increased their FY2026 earnings per share estimates for shares of CareCloud in a research note issued to investors on Thursday, November 5th. Maxim Group analyst A. Klee now forecasts that the company will post earnings per share of $0.35 for the year, up from their prior estimate of $0.33. The consensus estimate for CareCloud’s current full-year earnings is $0.22 per share. Maxim Group also issued estimates for CareCloud’s Q4 2026 earnings at $0.11 EPS, Q1 2027 earnings at $0.05 EPS, Q3 2027 earnings at $0.15 EPS and FY2027 earnings at $0.42 EPS.

Several other analysts have also weighed in on the company. Wall Street Zen raised CareCloud from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings raised CareCloud from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, October 12th. Finally, Roth Capital dropped coverage on CareCloud in a research note on Tuesday, September 15th. They set a “neutral” rating for the company. Prior estimates, ratings, and price targets should no longer be relied upon. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, CareCloud currently has a consensus rating of “Moderate Buy”.

CareCloud Price Performance

Shares of CCLD stock opened at $2.63 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 2.20. CareCloud has a twelve month low of $1.67 and a twelve month high of $3.81. The company has a market cap of $111.91 million, a P/E ratio of 20.23 and a beta of 1.57. The business has a fifty day simple moving average of $2.01 and a 200 day simple moving average of $2.46.

CareCloud (NASDAQ:CCLD) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.04. CareCloud had a return on equity of 32.32% and a net margin of 7.36%. The company had revenue of $33.73 million for the quarter, compared to analyst estimates of $33.50 million.

Institutional Trading of CareCloud

A number of hedge funds have recently added to or reduced their stakes in the stock. Empowered Funds LLC grew its stake in shares of CareCloud by 10.3% during the first quarter. Empowered Funds LLC now owns 150,890 shares of the company’s stock worth $551,000 after buying an additional 14,030 shares during the last quarter. Militia Capital Management LLC acquired a new position in shares of CareCloud during the first quarter worth $54,000. Kingsview Wealth Management LLC bought a new position in shares of CareCloud in the 2nd quarter valued at $55,000. Renaissance Technologies LLC lifted its stake in shares of CareCloud by 5.9% in the 1st quarter. Renaissance Technologies LLC now owns 472,300 shares of the company’s stock valued at $1,724,000 after acquiring an additional 26,270 shares during the last quarter. Finally, Chapin Davis Inc. boosted its holdings in shares of CareCloud by 24.1% during the 2nd quarter. Chapin Davis Inc. now owns 154,285 shares of the company’s stock valued at $327,000 after acquiring an additional 30,000 shares in the last quarter. Institutional investors and hedge funds own 10.16% of the company’s stock.

CareCloud News Summary

Here are the key news stories impacting CareCloud this week:

• Positive Sentiment: Maxim Group raised its FY2026 EPS estimate to $0.35 from $0.33 and its FY2027 estimate to $0.42 from $0.40. It also lifted forecasts for Q2 and Q3 2027, suggesting improved expectations for parts of the outlook. CareCloud analyst estimates
• Positive Sentiment: A separate article highlights dramatically improving margins and the effects of operational and financial restructuring, which could support profitability if sustained. CCLD: Margins improve dramatically; operational and financial restructuring kicks in
• Neutral Sentiment: Maxim initiated FY2028 projections, including EPS of $0.51, but these are forward estimates rather than a reported result. The reported short-interest figure was zero shares as of November 10, so it does not indicate meaningful short-selling pressure.
• Negative Sentiment: Maxim lowered its Q4 2026 EPS estimate to $0.11 from $0.15 and its Q1 2027 estimate to $0.05 from $0.06. It also cut its Q4 2027 forecast to $0.10 from $0.12, tempering the more favorable annual and other quarterly revisions.

CareCloud Company Profile

CareCloud, Inc. (NASDAQ: CCLD) provides cloud-based health care information technology and revenue cycle management services to medical practices, hospitals and other health care organizations. The company’s solutions are designed to help providers manage administrative, clinical and financial operations through integrated software and technology-enabled services. Its offerings include electronic health records, practice management, medical billing and revenue cycle management, patient engagement tools, telehealth capabilities and related health care technology services.