CareCloud (NASDAQ:CCLD) Updates FY 2026 Earnings Guidance

CareCloud (NASDAQ:CCLD) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.200-0.230 for the period, compared to the consensus estimate of 0.370. The company issued revenue guidance of $128.0 million-$132.0 million, compared to the consensus revenue estimate of $131.0 million.

Wall Street Analysts Forecast Growth

CCLD has been the subject of several research reports. Weiss Ratings restated a “hold (c-)” rating on shares of CareCloud in a report on Wednesday, June 24th. Wall Street Zen downgraded shares of CareCloud from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $3.25.

CareCloud Stock Performance

Shares of NASDAQ CCLD traded down $0.17 during midday trading on Thursday, hitting $2.37. 1,240,756 shares of the stock traded hands, compared to its average volume of 443,701. The firm has a market capitalization of $100.74 million, a P/E ratio of 21.32 and a beta of 1.51. CareCloud has a one year low of $2.03 and a one year high of $4.01. The firm has a 50-day moving average of $2.29 and a two-hundred day moving average of $2.62.

CareCloud (NASDAQ:CCLD) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. CareCloud had a return on equity of 24.05% and a net margin of 7.87%.CareCloud has set its FY 2026 guidance at 0.200-0.230 EPS. Equities analysts forecast that CareCloud will post 0.36 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp raised its stake in shares of CareCloud by 5.0% in the fourth quarter. State Street Corp now owns 173,103 shares of the company’s stock worth $505,000 after buying an additional 8,300 shares during the period. Bridgeway Capital Management LLC increased its holdings in CareCloud by 2.9% in the 3rd quarter. Bridgeway Capital Management LLC now owns 322,018 shares of the company’s stock worth $1,034,000 after acquiring an additional 8,979 shares in the last quarter. Centiva Capital LP purchased a new stake in CareCloud in the 3rd quarter worth approximately $47,000. HRT Financial LP bought a new stake in CareCloud during the 4th quarter worth approximately $43,000. Finally, Bank of America Corp DE lifted its holdings in CareCloud by 19.9% during the third quarter. Bank of America Corp DE now owns 103,381 shares of the company’s stock valued at $332,000 after purchasing an additional 17,158 shares in the last quarter. 10.16% of the stock is currently owned by institutional investors.

CareCloud Company Profile

CareCloud, Inc is a healthcare technology company that provides cloud-based practice management, electronic health record (EHR) and revenue cycle management (RCM) solutions to medical practices and health systems. Its flagship offering, the CareCloud Central platform, combines clinical, financial and administrative workflows into a single, unified system. The platform includes modules for scheduling, billing, coding, patient engagement and telehealth, enabling practices to streamline front- and back-office operations and improve overall practice performance.

Founded in 2009 and headquartered in Miami Beach, Florida, CareCloud serves small to mid-size physician groups and specialty clinics across the United States.