CareCloud (NASDAQ:CCLD) Updates FY 2026 Earnings Guidance

CareCloud (NASDAQ:CCLD) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.200-0.230 for the period, compared to the consensus earnings per share estimate of 0.390. The company issued revenue guidance of $128.0 million-$132.0 million, compared to the consensus revenue estimate of $131.5 million.

CareCloud Stock Performance

Shares of CareCloud stock opened at $3.02 on Friday. The company has a 50 day moving average of $3.06 and a 200-day moving average of $3.00. CareCloud has a 1-year low of $1.73 and a 1-year high of $4.01. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.01. The company has a market cap of $128.33 million, a PE ratio of 37.75 and a beta of 1.83.

CareCloud (NASDAQ:CCLD) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.11. CareCloud had a net margin of 8.96% and a return on equity of 24.58%. CareCloud has set its FY 2026 guidance at 0.200-0.23 EPS. As a group, equities research analysts forecast that CareCloud will post 0.38 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CCLD has been the subject of a number of recent analyst reports. Wall Street Zen downgraded shares of CareCloud from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of CareCloud in a report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $3.25.

Hedge Funds Weigh In On CareCloud

Institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC acquired a new position in CareCloud during the 4th quarter worth approximately $121,000. Heron Bay Capital Management increased its position in CareCloud by 24.3% during the 4th quarter. Heron Bay Capital Management now owns 92,739 shares of the company’s stock worth $271,000 after purchasing an additional 18,124 shares in the last quarter. LPL Financial LLC acquired a new position in CareCloud during the 4th quarter worth approximately $105,000. Millennium Management LLC acquired a new position in CareCloud during the 3rd quarter worth approximately $284,000. Finally, Squarepoint Ops LLC acquired a new position in CareCloud during the 3rd quarter worth approximately $139,000. 10.16% of the stock is currently owned by institutional investors and hedge funds.

About CareCloud

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.