Zacks Research Issues Pessimistic Forecast for HCTI Earnings

Healthcare Triangle, Inc. (NASDAQ:HCTI) – Research analysts at Zacks Research cut their Q3 2026 EPS estimates for shares of Healthcare Triangle in a note issued to investors on Friday, August 14th. Zacks Research analyst B. Sorensen now forecasts that the company will post earnings of ($0.97) per share for the quarter, down from their previous forecast of ($0.24). The consensus estimate for Healthcare Triangle’s current full-year earnings is ($10.96) per share. Zacks Research also issued estimates for Healthcare Triangle’s Q4 2026 earnings at ($0.87) EPS, FY2026 earnings at ($10.23) EPS and FY2027 earnings at ($3.18) EPS.

Several other analysts also recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Healthcare Triangle in a research report on Friday, July 17th. Wall Street Zen upgraded Healthcare Triangle from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Healthcare Triangle currently has a consensus rating of “Sell”.

Healthcare Triangle Stock Down 8.9%

Shares of NASDAQ HCTI opened at $0.98 on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.11. Healthcare Triangle has a 12-month low of $0.97 and a 12-month high of $223.20. The company has a market cap of $1.98 million, a P/E ratio of -0.03 and a beta of 1.11. The stock has a fifty day moving average price of $1.70 and a 200 day moving average price of $3.16.

Healthcare Triangle (NASDAQ:HCTI) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($1.56) earnings per share for the quarter, beating analysts’ consensus estimates of ($3.43) by $1.87. Healthcare Triangle had a negative net margin of 66.85% and a negative return on equity of 125.45%. The firm had revenue of $9.19 million for the quarter, compared to analysts’ expectations of $10.35 million.

Institutional Investors Weigh In On Healthcare Triangle

A number of institutional investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC acquired a new stake in shares of Healthcare Triangle in the third quarter valued at $26,000. Jane Street Group LLC acquired a new position in shares of Healthcare Triangle in the second quarter worth about $33,000. Finally, XTX Topco Ltd acquired a new position in Healthcare Triangle in the 2nd quarter worth approximately $69,000. 0.33% of the stock is currently owned by institutional investors and hedge funds.

Healthcare Triangle Company Profile

Healthcare Triangle, Inc (NASDAQ: HCTI) is a specialized digital transformation and cloud consulting firm focused on the healthcare industry. The company delivers a range of professional and managed services that help healthcare organizations modernize their IT infrastructure, optimize data workflows and achieve regulatory compliance.

Its core offerings include cloud architecture design and implementation, enterprise data platform development, application modernization and managed IT operations.